Examples of Working Capital Shares in a sentence

Up to $1,500,000 of the Working Capital Loans may be convertible into Working Capital Shares at a price of $10.00 per warrant at the option of the lender.
DPAS II Revised Guide for Specialists as developed and as may be amended by the Department of Education in collaboration with DASA and DSEA to implement the appraisal system.
The Extension Loan Shares and the Working Capital Shares will be identical to the Private Placement Shares.
The right to convert with respect to Working Capital Shares (as defined in the Equity Purchase Agreement) shall begin upon the occurrence of a default by the Corporation on payment of the Net Working Capital Amount (as defined in the Equity Purchase Agreement) as finally determined and continue until the Net Working Capital Amount is paid in full (including by means of redemption or conversion of Series G pursuant to the terms hereof and of the Equity Purchase Agreement).
The total aggregate number of Working Capital Shares that may be converted by any holder shall equal such holder’s pro rata share of a number of shares of Series G equal to (x) the amount of the Net Working Capital Amount that is owed but has not been paid (or deemed paid by conversion or redemption) divided by (y) $1,000.

More Definitions of Working Capital Shares

Working Capital Shares means the shares of Common Stock included in the Working Capital Units.

Working Capital Shares is defined in the Recitals to this Agreement.

Working Capital Shares means the Ordinary Shares underlying the Working Capital Units, if any.

Working Capital Shares has the meaning set forth in Section 2.4(b).

Working Capital Shares means the Class A Ordinary Shares that may be issued in connection with the conversion of any Working Capital Loans; (vii) “Public Shareholders” shall mean the holders of securities issued in the Public Offering; (viii) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Shares shall be deposited; and (ix) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).

Working Capital Shares means the shares of SPAC Common Stock underlying the Working Capital Subunits held by Initial Investors, officers or directors of SPAC or their affiliates which may be issued in payment of working capital loans made to SPAC.

Working Capital Shares means, as of the date of this Agreement, 113,960 shares of NDC Common Stock, less any shares paid to NDC as an Estimated Working Capital Adjustment, included in the Stock Escrow, and from and after the date hereof, in accordance with Article 4 hereof, any Working Capital Shares remaining in escrow.