Target Shares definition

Target Shares means the common shares in the capital of Target;

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Target Shares means all of the registered shares of Target.

Target Shares means all of the issued and to be issued ordinary share capital of the Target at the date of the offer.

Examples of Target Shares in a sentence

Each Seller has good and valid title to the Target Shares set forth opposite such Seller’s name on Schedule 1.1, free and clear of all liens, and upon delivery of and payment for the Target Shares at the Closing, Purchaser will acquire good and valid title thereto, free and clear of all liens.
This draft reflects a stock-for-stock transaction in which the consideration for the Target Shares consists entirely of Purchaser common stock, payable in three tranches, rather than cash.
The representations and warranties in this Agreement shall survive the Closing for 18 months, except that: (a) the Fundamental Representations (organization and authority, capitalization, title to Target Shares, and brokers) shall survive until 60 days following expiration of the applicable statute of limitations; and (b) the tax and employee benefit plan representations shall survive until 60 days following expiration of the applicable statute of limitations (each such period, a “Survival Period”).
Purchaser is acquiring the Target Shares for its own account and for investment purposes, and not with a view to resale or distribution in violation of applicable securities laws.
Except as expressly provided in Section 3.4 (Fractional Shares), no cash consideration shall be payable for the Target Shares.

More Definitions of Target Shares

Target Shares means all the issued and unconditionally allotted share capital in the Target and any further shares in the capital of the Target which may be issued or unconditionally allotted pursuant to the exercise of any outstanding subscription or conversion rights or otherwise together with all related rights.

Target Shares means the then-outstanding shares of Common Stock not owned by the Investor Parties; and “Target Stockholders” means the stockholders of the Company other than the Investor Parties.

Target Shares means the Capital Stock of Target proposed to be acquired by the Company and/or its Restricted Subsidiaries in connection with the Acquisition (for the avoidance of doubt including acquisitions thereof subsequent to the Acquisition Closing Date).

Target Shares means the number of Performance Shares that will be distributable if the Performance Measures are achieved at the level identified as “target” for the entire Award Period.

Target Shares means the actual number of shares originally granted to the Participant as specified in this Award Agreement.

Target Shares means the shares the subject of the Offer, being all of the issued shares in the capital of the Target (including any Treasury Stock and any shares of the Target issued while the Offer remains open for acceptance and any shares represented by ADRs) and any such shares issued or to be issued following the exercise of any stock options.

Target Shares means the ordinary shares of the Target the subject of an Offer or, as the case may be, a Scheme.