Tendered WPS Shares means any and all WPS Shares acquired pursuant to a tender offer commenced by the Investors on or before May 28, 2008.
Tendered Units shall have the meaning set forth in Section 8.6.A.
Tendered value means the value of the entire work as stipulated in the letter of award.
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.
Excess Shares shall have the meaning set forth in Section 3.1(a).
Stock Election Shares shall have the meaning set forth in Section 3.2.1.
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.
Coop Shares Shares issued by a Cooperative Corporation.
Common Shares means the common shares in the capital of the Corporation;
Eligible Shares has the meaning set forth in Section 4.1(a).
Full Entitlement Share(s) shall have the respective meanings set forth in Section 2.12.
Company Shares means the common shares in the capital of the Company;
Qualifying Shares means shares of Common Stock which either (i) have been owned by the Grantee for more than six (6) months and have been “paid for” within the meaning of Rule 144 promulgated under the Securities Act, or (ii) were obtained by the Grantee in the public market.
Participating Shares means shares that entitle their holders to participate without limitation in distributions.
Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).
Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.
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.
Cash Election Shares shall have the meaning set forth in Section 3.2.1.
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.
Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.
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.
Remaining Shares shall have the meaning set forth in Section 2.03(a).
PIPE Shares shall have the meaning given in the Recitals hereto.
Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.
Pre-Funded Warrant Shares means the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants.
Plan Shares means shares of Common Stock held in the Trust which are awarded or issuable to a Participant pursuant to the Plan.
Company Stock means, collectively, the Company Common Stock and the Company Preferred Stock.