Sale Shares definition

Sale Shares shall have the meaning set forth in Recital B above; and
Sale Shares has the meaning given to it in Clause 2.1;
Sale Shares means [Insert total number of shares of the Company] Shares, representing 100 percent of the total issued, subscribed and fully paid-up equity share capital of the Company held by the Shares Seller and Nominees as more particularly described in Annexure A attached hereto;

Examples of Sale Shares in a sentence

  • In all other cases, a cash amount equal to (x) the Number of Shares as of the Valuation Date less Shortfall Sale Shares, less the number of Unregistered Shares (as defined below), multiplied by the volume weighted daily VWAP Price over the Valuation Period, less (y) the amount of any outstanding Prepayment Shortfall.

  • Any Recycled Shares that are not Shortfall Sale Shares and Additional Shares sold by Seller during the term of the Transaction and included on an OET Notice will cease to be included in the Number of Shares.

  • In the event the Valuation Date is determined by clause (c) of the above section entitled “Valuation Date,” a cash amount equal to (1) the Number of Shares as of the Valuation Date less Shortfall Sale Shares, less the number of Unregistered Shares (as defined below), multiplied by (2) the closing price of the Shares on the Exchange Business Day immediately preceding the Valuation Date.


More Definitions of Sale Shares

Sale Shares has the meaning set forth in Section 5.3(a).
Sale Shares has the meaning set forth in the Recitals.
Sale Shares means the 8,686,870 Existing Shares to be sold by existing shareholders in the Company, pursuant to the Placing;
Sale Shares shall have the meaning as specified in the Recitals to the Agreement.
Sale Shares means all the equity capital of the Company;
Sale Shares shall have the meaning ascribed to such term in Recital (F) of this Agreement;
Sale Shares shall have the meaning set forth in Section 3(a) hereof.