Trident Shares definition
Examples of Trident Shares in a sentence
The parties agree that the portion of the Purchase Price allocated to the purchase of the Trident Shares that are shares of Trident ECP is $1.00 and that the remainder of the Purchase Price is allocated to the Trident Shares that are shares of Trident ECG, the MECG Units, the VECG Units and the ETCF Units.
In addition, the individual Trident directors have undertaken to accept, or procure the acceptance of the Takeover Offer, in respect to Trident Shares that they or their associates own or control, in the absence of a superior competing proposal.
The Trident Shares to be issued to the Selling Shareholder pursuant to the Promissory Note will, upon issuance, have been duly and validly authorized and, when so issued in accordance with the terms of this Agreement, will be duly and validly issued, fully paid and non-assessable.
Under the Takeover Offer, Trident shareholders will be offered one (1) fully paid ordinary share in Mosman ("Mosman Share") for every five (5) fully paid ordinary shares in Trident ("Trident Shares") that they hold.