Promoter Shares definition

Promoter Shares means equity Shares which are issued and or acquired by the Promoter at any point of time under or pursuant to the terms of this Agreement, including without limitation, Promoter Subscription Shares, any additional or further Shares and all shares arising from or connected to any Shares pursuant to any reorganisation, in each case, so long as such shares are held by Promoter;
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Promoter Shares means Equity Shares, Convertible Instruments and other Securities held by the Promoters from time to time;
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Promoter Shares means the Shares of the Company owned by the Promoters.
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Examples of Promoter Shares in a sentence

  • The Promoters having provided to the Acquirer a statement from their respective depository participants, evidencing that no encumbrance exists on any of the Promoter Shares.

  • The Acquirer has agreed to purchase the Offshore Promoter Shares from the Seller on the terms set out in the Share Purchase Agreement.

  • The aggregate cash consideration for the Offshore Promoter Shares is the USD equivalent of ₹5,01,81,04,98,985.

  • The Offshore Promoter Shares shall be sold with full legal and beneficial title and free from encumbrances with all rights then attaching to them.

  • Avendus and KVL by way of the joint consent letter dated March 4, 2021 and Placid by way of its consent letter dated March 4, 2021 (collectively, the “Consent Letters”), have consented for a temporary release on the pledge on Promoter Shares on the Issue Closing Date subject to certain conditions stated in the Consent Letters.

  • In the event of a Control Sale, the Promoters will still be obligated till the Market Trade Outer Date to sellthe remaining Promoter Shares in accordance with paragraph 2.1.3.6 (a).

  • There will be no return of funds from the Escrow Account with respect to the Promoter Shares and the Warrants.

  • The sale shall occur simultaneously with the acquisition of Promoter Shares in terms of SPA 1.

  • This represents the subscription price of the Joint Promoter Shares payable by the Joint Promoters, which is a financial asset of the Company.

  • DSP staff do not proactively request hospital staff to perform assessments or classifications.

Related to Promoter Shares

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

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

  • Stockholder Shares means the shares of common stock of the Company issued to Stockholder in accordance with the terms and conditions of the Reorganization Agreement, including such shares of common stock of the Company transferred from Stockholder to The Cendant Charitable Foundation, and any securities of the Company issued as a dividend on or other distribution with respect to, or in exchange for or replacement of, such common stock.

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

  • Amalco Shares means common shares in the capital of Amalco;

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

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

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

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • 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.

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

  • Newco Shares means the common shares in the capital of Newco;

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

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.

  • Unit Shares means the Common Shares comprising part of the Units;

  • Sale Shares has the meaning ascribed to it at Recital (A).

  • Company Securities has the meaning set forth in Section 3.02(b)(ii).

  • Other Shares means shares of Common Stock, other than Registrable Securities (as defined below), with respect to which registration rights have been granted.

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

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

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