Replacement Share definition

Replacement Share means, in relation to an Affected Share, any ordinary share or common share which is not already a Share, as selected by the Calculation Agent that, to the extent reasonably practicable, would in the good faith determination of the Calculation Agent preserve for Securityholders the economic equivalent of the terms of the Securities after the relevant replacement is made. The Calculation Agent shall otherwise make such selection by reference to such factors(s) as it may deem appropriate which may include, without limitation, hedging arrangements of any Hedging Party in relation to the Securities, and where reasonably practicable, from those ordinary shares or common shares from the same Region and Industry Sector as the Affected Share;
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Replacement Share means a class “A” share described in section 776.1.1 issued to an individual by a corporation referred to in that section in replacement of an original share that was redeemed in the circumstances described in the second paragraph, where the amount paid to purchase the replacement share is paid by a qualifying trust in respect of the individual ;
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Replacement Share has the meaning set forth in Section 15.2 of this Agreement.
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Examples of Replacement Share in a sentence

  • Notwithstanding the foregoing, and for purposes of clarity, it is understood by AbbVie, Allergan and Acquirer Sub that the Allergan Replacement Options and Allergan Replacement Share Awards shall be awarded and issued under the AbbVie Share Plan.

  • For clarity, the Allergan Replacement Options and Allergan Replacement Share Awards shall comply with the requirements of “Qualified Replacement Awards” with respect to any Allergan Share Awards granted under the Allergan 2013 Plan.

  • The Allergan Replacement Options and Allergan Replacement Share Awards will be settled in AbbVie Shares, and AbbVie shall take all corporate action necessary to effectuate the foregoing.

  • The number of shares of SpinCo common stock to be subject to any replacement award granted in accordance with Section 8.3 shall be equal to the quotient of (i) the product of (A) the Parent Cancelled Share Value multiplied by (B) the number of cancelled shares of Parent common stock which the applicable SpinCo award is replacing, divided by (ii) the SpinCo Replacement Share Value.

  • Holders of Company Floating Options, Company Floating Warrants and Company Floating Share Units entitled to receive Replacement Options, Replacement Warrants and Replacement Share Units, respectively, will be advised that the exemption provided by the U.S. Securities Act pursuant to Section 3(a)(10) thereof, will not be available for the issuance of any Canopy Shares issuable upon the exercise or vesting of the applicable Replacement Options, Replacement Warrants or Replacement Share Units, if any.

  • Any document evidencing a Company Floating Share Unit shall thereafter evidence and be deemed to evidence such Replacement Share Unit.

  • On the Effective Date, and concurrently with the consummation of the Closing, Acquiror shall grant to ▇▇▇▇▇▇▇ a Replacement Option to purchase 100,000 shares of Acquiror Stock ("Replacement Share Number") and at an exercise price ("Replacement Exercise Price") equal to $1.37 per share.

  • In the event any certificate which subsequent to the Effective Time represented one or more outstanding Debtco Shares that were exchanged pursuant to Section 15 shall have been lost, stolen or destroyed, upon the making of an affidavit of that fact by the holder of such Debtco Share claiming such certificate to be lost, stolen or destroyed, I3 will issue in exchange for such lost, stolen or destroyed certificate, one or more certificates representing the applicable Replacement Share pursuant to Section 15.

  • Beneficiary may from time to time withdraw any notice of election and demand for sale in accordance with Section 38-38-101(11) of the Colorado Revised Statutes.

  • TeamStaff hereby guarantees to each Seller (the “Replacement Share Minimum Guarantee”) that the net proceeds from his sale of Replacement Shares consummated before the expiration of the Replacement Share Restricted Period will be not less than $100,000 for each of the Sellers, except as provided in Section 5(b) below, and TeamStaff shall pay the shortfall between the net proceeds of any actual sales and $100,000 to each Seller.


More Definitions of Replacement Share

Replacement Share means, subject as provided in paragraph 4 of this Schedule each Qualifying Share specified in a Replacement Notice;
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