Subscription Shares definition

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

Subscription Shares means the 6,828,985 Shares that were issued by the Company and subscribed for by the Investor on the Reference Date pursuant to the Subscription Agreement.

Subscription Shares has the meaning set forth in the recitals.

Examples of Subscription Shares in a sentence

• None of the execution, delivery or performance of this Agreement or any other agreement or instrument in connection herewith by the Company, nor the issuance of the Subscription Shares hereunder, will (i) conflict with or constitute a violation of the organizational documents of the Company, or (ii) constitute a violation by the Company of any applicable law.

• None of the execution, delivery or performance of this Agreement or any other agreement or instrument in connection herewith by Purchaser, nor the acquisition of the Subscription Shares hereunder, will (i) conflict with or constitute a violation of the organizational documents of Purchaser, or (ii) constitute a violation by Purchaser of any applicable law.

• The Subscription Shares being issued are duly authorized and validly issued, fully paid and nonassessable, and free and clear of all liens.

• As promptly as practicable following the issuance of the Subscription Shares, the Company shall deliver to Purchaser reasonable evidence that the Subscription Shares being purchased by Purchaser hereby have been issued in the name of Purchaser on the Company’s books and records.

• At the Closing, Purchaser shall pay an amount equal to $[●], representing the aggregate purchase price (the “Purchase Price”) for the Subscription Shares.

More Definitions of Subscription Shares

Subscription Shares means, collectively, the Senior Preferred Shares issued or issuable to each Investor at or prior to the relevant Closing pursuant to the Subscription Agreement (including 58,258,083 Senior Preferred Shares issued to Joy Capital prior to the First Closing, which shall form part of the Senior Preferred Shares subscribed by Joy Captial at the First Closing under the Subscription Agreement), and the Senior Preferred Shares issued or issuable upon exercise of the Warrants.

Subscription Shares means 12,546,128 new Shares to be issued by the Company;

Subscription Shares. Section 2.1

Subscription Shares has the meaning ascribed to such term in the recitals to this Agreement.

Subscription Shares means 800,000,000 new Shares to be allotted and issued by the Issuer and to be subscribed by the Subscriber pursuant to this Agreement;

Subscription Shares means the number of the Ordinary Shares equal to the quotient of (a) $180,000,000 divided by (b) the average closing price of the Ordinary Shares on each of the twenty (20) consecutive trading days occurring immediately prior to (but not including) the date hereof.

Subscription Shares shall have the meaning set forth in the Recitals.