Vendors Shares definition

Vendors Shares means the Company Shares held by the Vendors, in the amounts set forth in Schedule “A” hereto.
Vendors Shares means the 34,500,000 shares in the capital of the Company as set forth in Article 2.1(i) hereof.
Vendors Shares means, with respect to a Vendor, the number of the Purchased Shares set out opposite that Vendor's name on Schedule 1.1(49).

Examples of Vendors Shares in a sentence

  • Such agreements would prohibit the relevant Shares being transferred, assigned or otherwise disposed of during the relevant escrow period.It is anticipated, and subject to direction of ASX that 23,100,000 of the Seed , Founders and Vendors Shares will be escrowed for varying periods from 12 months to 24 months commencing as and from Korab being admitted to the Official List of ASX.

  • Based upon the representations, warranties and covenants of the parties herein contained and subject to the conditions herein contained, the Purchaser hereby purchases and the Vendor hereby transfers, assigns and sells, or will cause such transfer, assignment and sale, to the Purchaser on the Closing Date, all rights, titles and interests in and to the Vendor's Shares free and clear of all liens, charges and encumbrances.

  • In consideration of the purchase and sale herein contemplated and in complete satisfaction of the purchase price for the Vendor's Shares, the Purchaser hereby agrees to issue to the Vendor and the other shareholders of the Company, a total of 34,500,000 common shares without par value in the capital of the Purchaser (the "Payment Shares") as follows: Name of Vendor No. of Common Shares -------------- -------------------- Platinum Capital Management Inc.

  • The 1st Vendor owns beneficially and of record the 1st Vendor's Shares, the 2nd Vendor owns beneficially and of record the 2nd Vendor's Shares, the 3rd Vendor owns beneficially and of record the 3rd Vendor's Shares, the 4th Vendor owns beneficially and of record the 4th Vendor's Shares and the 5th Vendor owns beneficially and of record the 5th Vendor's Shares, free and clear of any Encumbrances, Taxes, options, warrants, purchase rights, contracts, commitments, equities, claims, and demands.

  • The Vendors will take all necessary corporate steps and corporate proceedings to permit good and marketable title to the Vendors' Shares to be duly and validly transferred and assigned to the Purchaser at the Closing, free of all Liens.


More Definitions of Vendors Shares

Vendors Shares means the shares of the Vendor in the Company;
Vendors Shares means the 11,000,000 Company Shares held by the Vendors, and in such amounts as are set forth in Schedule "A" hereto, and which represent all of the outstanding Company Shares.
Vendors Shares has the meaning set out in Recital A above; and
Vendors Shares means all shares of Oriental beneficially owned by the Vendors including all shares acquired after the date of this Agreement.
Vendors Shares means the ordinary shares in the capital of the Company registered in the names of the Vendors at Completion;
Vendors Shares means all of the issued and outstanding shares in the share capital of the Corporation legally and beneficially owned by the Vendors. For the avoidance of doubt, the Vendors’ Shares include the 6,339,016 Class "A" common shares and 10,889 Class "D" preferred shares held by the Vendors as described in Section 3.8 of the Disclosure Letter;
Vendors Shares means the issued and outstanding shares in the capital of the Company owned by the Vendor described in Schedule K"; and