Consideration Shares definition

Consideration Shares shall have the meaning set forth in Section 2.7(c).
Consideration Shares means the Purchaser Shares to be issued as the Consideration pursuant to the Arrangement.
Consideration Shares has the meaning ascribed thereto in Section 2.2;

Examples of Consideration Shares in a sentence

  • Within ten (10) days of the determination of the FMV Loss as provided herein, the Licensee shall have the right and option to accept the surrender of and cancel the number of Consideration Shares equal to the FMV Loss divided by the deemed value of $0.05 CAD per Consideration Share (the “Surrendered Shares”).

  • The Issuer Consideration Shares shall be issued in exchange for the Numberco Shares as set forth and described in Schedule A.

  • The Consideration Shares shall be subject to a right of the Licensee to cancel (the “Cancellation Option”) the portion of the Consideration Shares that represent the reduction in Fair Market Value of the Patent Rights granted herein (the “FMV Loss”) on the basis of a Patent Invalidity Event in any Patent Jurisdiction, as further set out in Appendix B herein.

  • If the Patent is declared invalid by a court of competent jurisdiction in any Patent Jurisdiction during the Term (a “Patent Invalidity Event”), Licensor shall provide written notice thereof to Licensee within ten (10) days, and Licensee shall, within ninety (90) days following the date of such notice, notify the Licensor in writing (the “Cancellation Notice”), as to whether it wishes to cancel any of the Consideration Shares pursuant to its Cancellation Option.


More Definitions of Consideration Shares

Consideration Shares has the meaning ascribed to it in Clause 3.2;
Consideration Shares has the meaning set forth in Section 3(a).
Consideration Shares is defined in section 2.3(b);
Consideration Shares means Purchaser Shares to be received by Shareholders (other than the Purchaser) pursuant to Section 3.2(n)(iii), Section 3.2(n)(iv) or Section 3.2(n)(vi)(F).
Consideration Shares means the Purchaser Shares to be issued pursuant to the Arrangement;
Consideration Shares has the meaning set forth in the recitals hereto.
Consideration Shares has the meaning attributed to that term in Section 2.2(c);