Share Consideration definition
Examples of Share Consideration in a sentence
Upon issuance, the Closing Share Consideration will be duly authorized, validly issued, fully paid and non-assessable and will not be subject to any option, call, preemptive, subscription or similar rights or Liens, other than restrictions on transfer imposed by applicable securities laws.
It is the intention of the parties hereto to treat any indemnity payment made under this Agreement as an adjustment to the Closing Share Consideration for all federal, state, local and foreign Tax purposes, and the parties hereto agree to file their Tax Returns accordingly unless otherwise required by applicable Law.
Included in the provisions of the Trust Agreement shall be that the Seller, and not the Trustee, shall retain voting and dispositive and other actionable power of the Closing Share Consideration during the Lock-Up Period.
Seller has such knowledge and experience in financial and business matters and the industries in which Parent operates that it is capable of evaluating the merits and risks of ownership of the Parent Ordinary Shares constituting the Share Consideration, and is able to bear the economic risk of such ownership for an indefinite period of time.
Parent shall deliver to the Seller evidence of the issuance of the Share Consideration in book-entry form.