TIMET Shares definition

TIMET Shares means the common stock, par value $.01 per share, of TIMET described in Schedule 8.1 to this Agreement.

Examples of TIMET Shares in a sentence

  • As of the date of this Agreement, Valhi Holding beneficially owns the TIMET Shares described in Schedule 8.1 to this Agreement, free and clear of all Liens, other than Liens in favor of the Administrative Agent (on behalf of the Lenders and the L/C Issuer) that secure the Obligations.

  • The TIMET Shares, when returned to VHC, will be free and clear of all liens, claims and encumbrances created by or through the CDCT.

  • The TIMET Shares shown as beneficially owned by such person include the following number of shares such person has the right to acquire upon the exercise of stock options granted pursuant to TIMET stock option plans that such person or group may exercise within 60 days subsequent to May 2, 2003: TIMET Shares Issuable Upon the Exercise of Stock Options Name of Beneficial Owner On or Before July 1, 2003 ------------------------ ----------------------------- Glenn R.

  • Tremont LLC ("Tremont"), The Combined Master Retirement Trust (the "Master Trust"), Contran and Purchaser directly hold approximately 39.7%, 9.0%, 2.9% and 0.1%, respectively, of the outstanding TIMET Shares.

  • Simmons and all other directors and executive officers of Purchaser disclaim beneficial ownership of all of the TIMET Shares that Tremont, the Master Trust, Contran or Purchaser directly or indirectly hold.

  • The percentage ownership of TIMET Shares attributable to Contran assumes the full conversion of only the Securities that Contran directly holds.

  • Contran does not hold any TIMET Shares directly but holds 700,000 Securities, which are convertible into 93,730 TIMET Shares.

  • Where applicable, including but not limited to the termination of this Agreement, the fee will be prorated based on the portion of the calendar quarter in which the Valhi Shares, TIMET Shares or other marketable securities, as applicable, have been pledged, and the average daily closing sales price per share for such Valhi Shares, TIMET Shares or other marketable securities, as applicable, for such partial quarter.

  • Upon the termination of the Pledge Agreement, the pledge of the Valhi Shares, TIMET Shares or other marketable securities, as applicable, shall terminate and the Contran shall cause all stock certificates representing the shares and the related stock powers to be returned to VHC or returned to VHC electronically.

  • Upon First Southwest’s receipt of the Valhi Shares, Administrative Agent (a) hereby releases its lien and security interest in the TIMET Shares, and (b) agrees to promptly (and in any event within ONE (1) Business Day after receipt of the Valhi Shares) release the TIMET Shares from the description of collateral contained in any UCC-1 filing identifying Guarantor as “debtor” and Administrative Agent as “secured party”.

Related to TIMET Shares

  • Net Shares means the number of shares of Common Stock which will be deposited in a brokerage account in the Grantee’s name at the Company’s designated broker after shares have been withheld to satisfy applicable tax and withholding requirements upon vesting of the Restricted Stock Units.

  • Target Shares means common shares in the capital of Target, as currently constituted;

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Common Shares means the common shares in the capital of the Corporation;

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Earn-Out Shares has the meaning provided in Section 2.2(b).

  • Acquired Shares has the meaning set forth in the Recitals.

  • Earnout Shares has the meaning set forth in Section 3.6(a).

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Company Shares means the common shares in the capital of the Company;

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • sweat equity shares means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called;

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • H Shares means the overseas-listed foreign invested shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong Dollars;

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • 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.

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

  • Equity Shares shall have the meaning attributed to such term in the recitals of this Agreement.