Called Shares definition

Called Shares shall have the meaning ascribed to such term in Section 3.2(f).

Called Shares has the meaning specified in Section 3.2(a) hereof.

Called Shares has the meaning set forth in Section 7.2(a)(iii) of this Agreement.

Examples of Called Shares in a sentence

• However, as described at paragraph 2.4 below, the Company has entered into the Share Transfer Deed with the Founders (as defined below), pursuant to which the Founders agreed to transfer the Founder Shares (as defined below) to the Company without payment of any purchase price, such that the effective price of the total number of Called Shares and Founder Shares acquired by the Company will be S$1.00 per share.

• If the Seller together with all Accepting Shareholders represent at least 65% of the votes of the issued shares (the “Drag-Along Shareholders”) then the Drag-Along Shareholders may give notice ("Drag-Along Notice") on the 11th business day after sending of the Buyout Notice requiring all other Shareholders (the “Called Shareholders”) to sell and transfer all their shares (the "Called Shares") to the Buyer (or as the Buyer directs) in accordance with the provisions of Clause 12.16.

• Within 5 business days of the Drag-Along Shareholders serving a Drag-Along Notice on the Called Shareholders, the Called Shareholders shall deliver stock transfer forms for the Called Shares, together with the relevant share certificates (or a suitable indemnity for any lost share certificates) to the Company.

• Completion of the sale of the Called Shares shall take place on the date proposed in the Drag-Along Notice for transfer of the Drag-Along Shares (the “Completion Date”) or the earliest possible date thereafter.

• To fund the subscription of Called Shares pursuant to the CCA, the Company intends to use the proceeds raised from the issuance of the second tranche of convertible notes which was completed on 21 April 2017.

More Definitions of Called Shares

Called Shares means the Shares held by the Called Sellers

Called Shares has the meaning given in Clause 3.3.1.

Called Shares shall have the meaning ascribed to it in Section 1.6(b).

Called Shares shall have the meaning ascribed to it in Section 4.1 hereof.

Called Shares shall have a meaning prescribed to it in Clause 9.8..

Called Shares shall have the meaning ascribed to it in Clause 17.2.1 of this Agreement;

Called Shares has the meaning given to it in clause 24.2(a)(i);