Selling Shareholder Shares definition

Selling Shareholder Shares means the 772,000 shares of Common Stock being sold by the Selling Shareholders pursuant to this Agreement, 663,920 shares of which are being sold by Xenon Research, Inc. and 108,080 shares of which are being sold by Gregory A. Fraser.
Selling Shareholder Shares shall have the meaning specified in the Recitals to this Agreement.
Selling Shareholder Shares has the meaning set forth in Section 5.11.

Examples of Selling Shareholder Shares in a sentence

  • The certificates in negotiable form for the Selling Shareholder Shares have been placed in custody (for delivery under this Agreement) under the Custody Agreement.

  • Based solely of our inspection of the Register of Members, the Selling Shareholders have valid title to their respective Selling Shareholder Shares and such Selling Shareholder Shares have been duly authorised, legally issued and are fully paid and non-assessable and there are no entries or notations indicating any third party interests, including any security interest as at the date hereof.

  • Banks and Trust Companies (Foreign Currency Position) Regulations, 20054.

  • The Selling Shareholders may also enter into exchange traded listed option transactions, which require the delivery of the Selling Shareholder Shares listed under this Offering Circular.

  • Table of ContentsThe Selling Shareholders may pledge all or a portion of their respective Selling Shareholder Shares owned as collateral for margin accounts or in loan transactions, and the Selling Shareholder Shares may be resold pursuant to the terms of such pledges, margin accounts or loan transactions.

  • The Selling Shareholder Shares are validly issued, fully paid and nonassessable.

  • The Selling Shareholder Shares have been legally issued and are fully paid and nonassessable.

  • The Selling Shareholder Shares have been duly authorized and are validly issued, fully paid and non-assessable.

  • The registration, transfer or resale of the Selling Shareholder Shares do not and will not violate, conflict with or constitute a default under (i) any requirement of any law or any regulation of Bermuda or (ii) the Constitutional Documents.

  • The Selling Shareholder Shares are validly issued, fully paid and non-assessable common shares in the capital of the Company.


More Definitions of Selling Shareholder Shares

Selling Shareholder Shares means 3,628,000 shares of the issued and outstanding common stock of the Company owned by Xx. Xxxxxx and the persons listed on Schedule 1. ----------

Related to Selling Shareholder Shares

  • Stockholder Shares means any Common Stock owned by a Stockholder on the date of the closing of the Transactions or hereafter, together with any equity securities issued or issuable directly or indirectly with respect to such Common Stock by way of stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization.

  • Selling Shareholder has the meaning set forth in Section 3.04(a).

  • Selling Shareholders sections in substantially the form attached hereto as Exhibit B. The Company shall use its reasonable best efforts to have each Additional Registration Statement declared effective by the SEC as soon as practicable, but in no event later than the Additional Effectiveness Deadline. By 9:30 a.m. New York time on the Business Day following the Additional Effective Date, the Company shall file with the SEC in accordance with Rule 424 under the 1933 Act the final prospectus to be used in connection with sales pursuant to such Additional Registration Statement.

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

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

  • 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.

  • 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.

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

  • Selling Stockholder means any Stockholder owning Registrable Shares included in a Registration Statement.

  • Initial Shareholder means any beneficial owner of the Company’s unregistered securities.

  • 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.

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

  • Selling Stockholders means Purchaser and any other purchaser of Units in the Offering, and their respective successors and assigns.

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

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

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

  • Initial Shareholders means the Sponsor, the Directors and officers of the Company or their respective affiliates who hold shares prior to the IPO;

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • Controlling Shareholder means any shareholder owning more than fifty

  • Offering Shares means the shares of Common Stock issued to the Purchasers pursuant to the Subscription Agreements, and any shares of Common Stock issued or issuable with respect to such shares upon any stock split, dividend or other distribution, recapitalization or similar event with respect to the foregoing.

  • Company Shareholders means the registered or beneficial holders of the Company Shares, as the context requires;

  • Offered Shares has the meaning set forth in Section 3.02(a).

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

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

  • Other Shareholders means persons who, by virtue of agreements with the Company other than this Agreement, are entitled to include their securities in certain registrations hereunder.

  • Company Shareholder means a holder of one or more Company Shares;