Transferred Shares definition

Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.
Transferred Shares has the meaning set forth in Section 3.2(a).

Examples of Transferred Shares in a sentence

  • The Transferred Shares sold by such Seller hereunder, when issued were, and remain, fully paid, duly authorized and validly issued in compliance with all applicable federal and state securities laws.

  • Assuming the representations made by Purchasers in this Agreement are true and correct, Seller represents that the Transferred Shares are being transferred under an exemption or exemptions from the registration and qualification requirements of the Securities Act and any other applicable securities laws.

  • Purchaser is purchasing its portion of the Transferred Shares for Purchaser’s own account, for investment purposes only and not with a view to, or for sale in connection with, a distribution of the Transferred Shares within the meaning of the Securities Act of 1933, as amended (the “Securities Act”).

  • Each Seller shall instruct the Company and the Company’s transfer agent: (a) cancel any stock certificates issued to Seller representing the Transferred Shares and (b) issue duly executed stock certificates evidencing the Transferred Shares in each Purchaser’s name for any Transferred Shares registered with the Company’s transfer agent.

  • By reason of Purchaser’s business or financial experience, Purchaser is capable of evaluating the merits and risks of this prospective investment, has the capacity to protect Purchaser’s own interests in this transaction and is financially capable of bearing a total loss of the Transferred Shares.


More Definitions of Transferred Shares

Transferred Shares. Subscribed Shares").
Transferred Shares has the meaning set forth in the Recitals.
Transferred Shares has the meaning set forth in Section 5.5(a).
Transferred Shares means all of the outstanding capital stock of the Transferred Entities.
Transferred Shares shall have the meaning ascribed to such term in Section 2.1(a) hereof.
Transferred Shares mean the shares of the Company that the WFOE is entitled to require any of the Existing Shareholders to transfer to it or the entity or individual designated by it pursuant to Article 3 of this Agreement in exercising the Share Transfer Option, and the number of such Transferred Shares may be all or part of the Option Shares to be determined at the sole discretion of the WFOE in accordance with the PRC Laws then in effect and taking into account its own commercial considerations.
Transferred Shares shall have the meaning ascribed to this term in the recitals to this Agreement.