Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;
Coop Shares Shares issued by a Cooperative Corporation.
Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.
VMTP Shares means Variable Rate MuniFund Term Preferred Shares, $0.00001 par value per share, liquidation preference $100,000 per share plus an amount equal to accumulated but unpaid dividends thereon (whether or not earned or declared), of the Trust. The preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of each series of VMTP Shares are set forth in the VMTP Shares Statement.
Offered Shares has the meaning set forth in Section 3.02(a).
Purchaser Shares means the common shares in the capital of the Purchaser.
Co-op Shares Shares issued by private non-profit housing corporations.
Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.
Firm Shares has the meaning given to it in the first paragraph of this Agreement;
Placement Shares shall have the meaning given in the Recitals hereto.
Forward Purchase Shares shall have the meaning given in the Recitals hereto.
Sponsor Shares shall have the meaning given in the Recitals hereto.
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.
Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.
Offered Units has the meaning set forth in Section 9.03(a)(i).
Acquired Shares has the meaning set forth in the Recitals.
Investor Shares shall have the meaning given in the Recitals hereto.
Option Shares shall have the meaning ascribed to such term in Section 2.2(a).
Purchased Shares has the meaning set forth in Section 2.01.
Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.
New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.
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.
PIPE Shares shall have the meaning given in the Recitals hereto.
Net Shares has the meaning provided in Section 2.12 hereof.
Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.
Bonus Shares means Shares that are awarded to a Grantee without cost and without restrictions in recognition of past performance (whether determined by reference to another employee benefit plan of the Company or otherwise) or as an incentive to become an employee of the Company or a Subsidiary.