Powdermet Exchange Shares definition

Powdermet Exchange Shares means two hundred forty four thousand (244,000) of the shares owned by Abakan in Powdermet and represented by the Powdermet Certificate.

Examples of Powdermet Exchange Shares in a sentence

  • All of the Powdermet Exchange Shares owned by Abakan are owned free and clear of any liens, claims, options, charges, or Encumbrances of whatsoever nature.

  • Abakan has the unqualified right to sell, assign, and deliver the Powdermet Exchange Shares, and, upon consummation of the transactions contemplated by this Agreement, Powdermet will acquire good and valid title to the Powdermet Exchange Shares, free and clear of all liens, claims, options, charges, and Encumbrances of whatsoever nature.

  • Abakan is the sole legal and beneficial owner of the Powdermet Exchange Shares and has good and marketable title thereto.

  • Subject to the terms and conditions of this Agreement, at the Closing, Powdermet agrees to transfer to Abakan the MesoCoat Exchange Shares and Abakan agrees to transfer to Powdermet the Powdermet Exchange Shares and to issue the Abakan Shares to Powdermet.

  • Powdermet understands that the Powdermet Exchange Shares and the Abakan Shares are characterized as "restricted securities" under the Federal securities laws and that under such laws and applicable regulations such securities may be resold without registration under the Act only in certain limited circumstances.

  • The obligations of Abakan to transfer the Powdermet Exchange Shares to Powdermet at the Closing are subject to the fulfillment of the condition that, at the Closing, the representations and warranties of Powdermet set forth in this Agreement shall be true and correct in all material respects, in each case as of the Effective Date of this Agreement and as of the Closing as though made as of the Closing.

Related to Powdermet Exchange Shares

  • Exchange Shares has the meaning set forth in Section 2.01(b).

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Purchased Securities has the meaning assigned in the Terms;

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Purchased Units means, with respect to a particular Purchaser, the number of Common Units set forth opposite such Purchaser’s name under the column titled “Purchased Units” set forth on Schedule A hereto.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Acquired Shares has the meaning set forth in the Recitals.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Sold Shares shall have the meaning specified in Section 6.

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Private Placement Shares shall have the meaning given in the Recitals hereto.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Conversion Shares means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance with the terms hereof.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Private Placement Warrants Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Purchase Shares has the meaning set forth in Section 2.2(a) hereof.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Subco Shares means the common shares in the capital of Subco.

  • Buyer Stock means the common stock, par value $0.0001 per share, of Buyer.

  • Share Exchange has the meaning set forth in Section 2.1.

  • Common Shares means the common shares in the capital of the Corporation;