Transfer of Shares definition

Transfer of Shares means, when WFOE exercises its Stock Option (the “Exercise”), the shares of Shanghai Xinwan of which it has the right to request the Existing Shareholder to transfer to WFOE or its designated entity or individual pursuant to Article 3.2 of this Agreement. The amount may be part or all of the Option Stock. The specific amount shall be decided by WFOE at is absolute discretion according to PRC Law and its business considerations at the time.
Transfer of Shares means any assignment, pledge, conveyance, sale, transfer, mortgage, encumbrance, grant of a security interest, issuance of a participation interest, or other disposition, either directly or indirectly, by operation of law or otherwise of the Shares.
Transfer of Shares means subscription of shares in the name of the shareholder in the book of shareholders maintained by the Central Securities Depository regardless of the grounds on which they are acquired;

Examples of Transfer of Shares in a sentence

  • Upon any purported Transfer or other event described in Section 6.1.1(b) that would result in a Transfer of Shares to a Charitable Trust, such Shares shall be deemed to have been Transferred to the Charitable Trustee as trustee of a Charitable Trust for the exclusive benefit of one or more Charitable Beneficiaries.

  • Any Transfer of Shares that, if effective, would result in Shares being beneficially owned by fewer than 100 Persons (determined under the principles of Section 856(a)(5) of the Code) shall be void ab initio, and the intended transferee shall acquire no rights in such Shares.

  • Any Transfer of Shares that, if effective, would result in Shares being beneficially owned by less than 100 Persons (determined under the principles of Section 856(a)(5) of the Code) shall be void ab initio, and the intended transferee shall acquire no rights in such Shares.

  • Any attempted Transfer of Shares or any interest therein in violation of this Section 5 shall be null and void.

  • Any Transfer of Shares that, if effective, would result in Shares being Beneficially Owned by less than 100 Persons (determined under the principles of Section 856(a)(5) of the Code) shall be void ab initio, and the intended transferee shall acquire no rights in such Shares.

  • Transfer of Shares in favour of a nominee shall be a valid discharge by a Company against the legal heir(s).

  • If any Transfer of Shares or Non-Transfer Event occurs which, if effective, would result in any Person Beneficially Owning or Constructively Owning Shares in violation of ‎Section 13.2(a)(i) or (ii).

  • Transfer of Shares in Physical form are registered and dispatched within 3 weeks from the date of their receipts, subject to the documents being valid and complete in all respects.

  • Upon issuance or Transfer of Shares, the Corporation will provide the Stockholder with information concerning his or her rights with regard to such Shares, as required by the Bylaws and the MGCL or other applicable law.

  • Upon any purported Transfer or other event described in Section 5.9(ii)(a)(II) that would result in a Transfer of Shares to a Trust, such Shares shall be Transferred to the Trustee as trustee of a Trust for the exclusive benefit of one (1) or more Charitable Beneficiaries.


More Definitions of Transfer of Shares

Transfer of Shares. As additional consideration for the Vendors to enter into this Agreement the Principal Shareholder has agreed to sell and transfer to each of the vendors, at closing, 2,5000,000 common shares of the Purchaser (the " Shares") at and for a purchase price of $0.001 per Share.
Transfer of Shares the transfer of the Target Shares held by Party A to Party B in accordance with the law.
Transfer of Shares means sale, assignment, endorsement, pledge or other transfer of shares held by a shareholder of the Company, directly or indirectly, whether through voluntary or involuntary transfer, whether for or without consideration.
Transfer of Shares as stated in these Procedures means the new shares transferred to other companies after issuance according to the Company Act.
Transfer of Shares has the meaning set forth in Section 9.1 of this Agreement.
Transfer of Shares means disposition of, sale, transfer, exchange, donation, assignment, capital divestiture, constitution of liens, collateral, right or lien of any nature and/or in-depth analysis of all remedies, chattel mortgage, usufruct or trust, disposition, cancellation or replacement of Bound Shares, in any way, directly or indirectly, free-of-charge or against payment, or any other act or legal business resulting in the direct or indirect transfer of ownership and/or rights relating to the Bound Shares, including, but not limited to, those performed by merger, spin-off or consolidation, as well as through exchange of shares or quotas. "BM&FBOVESPA" means BM&FBOVESPA S.A. – Bolsa de Valores, Mercadorias e Futuros.

Related to Transfer of Shares

  • Stockholder Shares means any Common Stock owned by a Stockholder on the date of the closing of the Transactions or hereafter, together with any equity securities issued or issuable directly or indirectly with respect to such Common Stock by way of stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization.

  • Permitted Transfers has the meaning set forth in Section 4.2.17(d).

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.

  • Transfer Shares has the meaning ascribed to such term in Section 6.2(a)

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • transfer of funds means any transaction at least partially carried out by electronic means on behalf of a payer through a payment service provider, with a view to making funds available to a payee through a payment service provider, irrespective of whether the payer and the payee are the same person and irrespective of whether the payment service provider of the payer and that of the payee are one and the same, including:

  • 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.

  • Transfer Stock means shares of Capital Stock owned by a Key Holder, or issued to a Key Holder after the date hereof (including, without limitation, in connection with any stock split, stock dividend, recapitalization, reorganization, or the like), but does not include any shares of Preferred Stock or of Common Stock that are issued or issuable upon conversion of Preferred Stock.

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Lock-Up Shares has the meaning set forth in Section 4.1.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Subject Shares means that number of Shares set forth on the Securityholder’s signature page attached to this Agreement, being all of the Shares owned legally or beneficially, either directly or indirectly, by the Securityholder or over which the Securityholder exercises control or direction, either directly or indirectly, and shall further include any Shares issued upon the conversion, exercise or vesting, as applicable, of Convertible Securities or otherwise acquired by the Securityholder after the date hereof.

  • Owned Shares means the Company Common Shares Beneficially Owned by the Shareholder as of the applicable record date (including any Company Common Shares that the Shareholder may acquire after the date hereof) for which the Shareholder has sole voting power.

  • Permitted Transfer has the meaning set forth in Section 10.02.

  • Issued Shares means, collectively, all outstanding Shares issued pursuant to Restricted Stock Awards, all outstanding Shares issued pursuant to Unrestricted Stock Awards, and all Option Shares.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Stockholders Agreement means the Stockholders Agreement, dated as of the date hereof, by and among the Company and the other parties thereto.

  • Optioned Shares means the common shares of the Company, issuable on exercise of the Option; and

  • Shareholders Agreement shall have the meaning set forth in the Recitals.

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

  • Restricted Share Agreement means the agreement between the Company and the recipient of a Restricted Share which contains the terms, conditions and restrictions pertaining to such Restricted Shares.

  • 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.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Shareholders' Agreements shall have the meaning provided in Section 5.05.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Controlled Shares in reference to any person means all shares of the Company directly, indirectly or constructively owned by such person as determined pursuant to Section 958 of the Code.