Sale of Shares definition

Sale of Shares means a sale or other transaction pursuant to which a Person that did not directly or indirectly own shares or other equity in the Corporation prior to such sale or other transaction acquires all of the outstanding shares and other outstanding equity interests in the Corporation.
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Sale of Shares means the sale of an aggregate amount of 282 828 ordinary no par value shares in the issued share capital of WeBuyCars (which will be subdivided prior to Listing) to the Purchasers in terms of the Sale Agreement;
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Sale of Shares. None of the Lead Investors could dispose of any of its interest in Four Seasons, directly or indirectly, (other than to a person who controls, was controlled by, or was under common control and economic ownership with, the Lead Investor) until after the second anniversary of the closing of the Transaction.
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Examples of Sale of Shares in a sentence

  • The Employee understands and agrees that he or she will be required to immediately repatriate the proceeds from the Immediate Sale or Normal Sale of Shares to China.

  • The Employee further understands that such repatriation of proceeds must be effected through the special-purpose foreign exchange account established by the Company or Affiliate, and the Employee hereby consents and agrees that the proceeds from the Immediate Sale or Normal Sale of Shares will be transferred to such account prior to being delivered to the Employee.

  • As a result of the Immediate Sale of Shares as set forth in this Appendix B, no Shares would be delivered to the Employee, and the Employee would not have any resulting rights as a shareholder of the Company.

  • Other expenses Auditor's Remuneration - Audit Fees0.84 0.83- Audit certification1.13 1.54- Audit certification Taxation0.39 0.33- Out of Pocket Expenses0.06 0.07Insurance1.69 2.15Professional Fees10.51 15.21Loss on Sale of Shares (Net)0.05 -Provision for non performing assets0.21 -Rent0.29 0.17Warehouse Rent0.32 -Miscellaneous Expenditure29.52 38.31 45.01 58.6118.


More Definitions of Sale of Shares

Sale of Shares means the issued registered Ordinary Shares of the Seller to include all subject matter hereinafter referred to as "Shares" or "Sale Shares" or "Ordinary Shares" of the Seller listed on Annexure "1";
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Sale of Shares means a sale of all of the issued Ordinary Shares in the Company. SAME TERMS AND CONDITIONS means having the benefit of the same terms and conditions as each other recipient of Non- cash Proceeds, but for the avoidance of doubt on the basis that where any minority protection rights (other than rights conferred by law or generally applying across all instruments in the same class of Non- cash Proceeds), special consent or voting rights or veto or blocking rights apply in relation to any Securities or debt included in the Non-cash Proceeds held by SPV, Limited or Head they may be exercised as determined by a simple majority of the votes of the persons entitled to exercise those rights.
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Sale of Shares shall have the meaning ascribed to that term in SECTION 2.3.1.
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Sale of Shares. Capital gains tax ("CGT") will arise in relation to the new options in the same way as the existing options. Thus on the sale of shares received following the exercise of your new option, CGT will be payable in respect of the excess of the proceeds you receive over the market value of RSA's shares at the time you exercise your new option.
Sample 1

Related to Sale of Shares

  • class of Shares refers to the division of Shares into two or more classes as provided in Article III, Section 1 hereof;

  • Share Sale means the sale of (or the grant of a right to acquire or to dispose of) any of the shares in the capital of the Company (in one transaction or as a series of transactions) which will result in the purchaser of those shares (or grantee of that right) and persons Acting in Concert with him together acquiring a Controlling Interest in the Company, except where following completion of the sale the shareholders and the proportion of shares held by each of them are the same as the shareholders and their shareholdings in the Company immediately prior to the sale;[“Significant Transaction” means any transaction or series of transactions involving a transfer or licensing of some or all of the rights in relation to some or all of the assets of the Company, including without limitation licensing agreements and business and asset sale and purchase agreements pursuant to which the net payment(s) to the Company is at least £[insert];] [Note: to include for a Special Dividend][“Special Dividend” has the meaning set out in Article 4.13;] [Note: include if required]

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

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

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).