Royale Shares definition

Royale Shares means shares of capital stock of Royale Energy, Inc. a California corporation.
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Examples of Royale Shares in a sentence

  • Each issued and outstanding share of Royale Common Stock immediately prior to the Royale Merger Effective Time, other than Excluded Royale Shares and Dissenting Shares, shall be converted into one share of Parent Common Stock at the Royale Merger Effective Time (the number of Parent shares into which one share of Royale common stock converts is the “Royale Conversion Ratio” and represents the “Royale Merger Consideration”).

  • In consideration of the issuance and delivery of each such United Royale Share, Canco or Callco, as the case may be, shall ascribe a cash amount or pay a purchase price equal to the fair market value of such United Royale Shares.

  • United Royale hereby represents, warrants and covenants that the United Royale Shares issuable as described herein will be duly authorized and validly issued as fully paid and non assessable.

  • The Trustee, as the holder of record of the United Royale Special Voting Share, shall be entitled to exercise all of the Voting Rights, including the right to consent to or vote in person or by proxy, attaching to the United Royale Special Voting Share on any matters, questions, proposals or propositions whatsoever that may properly come before the holders of United Royale Shares at a United Royale Meeting or in connection with a United Royale Consent.

  • United Royale agrees not to communicate with holders of United Royale Shares with respect to such written materials otherwise than by mail unless such method of communication is also reasonably available to the Trustee for communication with the Beneficiaries.

  • Immediately after effectuating the exchange of Assets for the Royale Shares, Crown shall liquidate and distribute all of the Royale Shares to its shareholders.

  • For certainty, nothing contained in this agreement, including the obligations of United Royale contained in Section 2.8, shall limit the ability of United Royale (or any of its subsidiaries including, without limitation, Callco or Canco) to make ordinary market purchases of United Royale Shares in accordance with applicable laws and regulatory or stock exchange requirements.

  • He seems to be weaving a new identity that is alienated for him through violating the Indian taboos and laws.It is hard to classify the characters’ real identity because of the linguistic and cultural alteration they are proposed to.

  • The holders of the Royale shares shall have the registration rights with respect to Royale Shares specified in that certain Registration Rights Agreement dated October ___, 1997 executed by Royale for the benefit of Holders of Limited Partnership Units and Preferred Units of FC, L.P. and Holders of Common Stock of Royale, Investments, Inc.

  • All such United Royale Shares shall be duly authorized and validly issued as fully paid and non-assessable.

Related to Royale Shares

  • Sale Shares shall have the meaning given to it in Recital (B);

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

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

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

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

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

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

  • ASA Shares has the meaning set forth in 2.4(a).

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

  • 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.

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

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

  • 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.

  • Coop Shares Shares issued by a Cooperative Corporation.

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

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • 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.

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

  • Remaining Shares shall have the meaning set forth in Section 2.03(a).

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

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

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

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

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

  • Net Shares has the meaning provided in Section 2.12 hereof.

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.