Designated Share definition

Designated Share shall be determined by a majority of the Board and shall represent a percentage amount ranging from zero to 100 percent.
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Designated Share means, as to any Seller, such Seller’s share of the Estimated Purchase Price and the Final Buyer Payment (if applicable), as set forth on the certificate to be delivered to Buyer pursuant to Section 9.2(c)(ii). For the avoidance of doubt, the sum of all Designated Shares shall equal one hundred percent (100%).
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Designated Share means a share of the capital stock of a corporation in respect of which the corporation has designated an amount pursuant to subsection 192(4) of the Act; (action désignée)
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Examples of Designated Share in a sentence

  • The Company was incorporated with an authorized share capital of $100,000,001, comprised of 38,000,000 Ordinary Shares of $2 each, 12,000,000 Preference Shares of $2 each, and one Designated Share at $1.

  • As of 31 December 2010, the Designated Share Class contained is invested in 10 underlying funds, 2 of which have their value written down to zero.

  • A person whose name is entered in the records of the Society as a holder of PIBS (which is a Designated Share for the purposes of the Rules) is a member of the Society.

  • Each person who requests a Share Secured Visa Traditional Credit Card and whose signature appears on the Redstone Federal Credit Union Share Secured Visa Traditional and Designated Share Account Application requests that Redstone Federal Credit Union (Credit Union) establish a Visa Secured Shares Account (Share Account) as security for any balance owed on the Share Secured Visa Traditional Credit Card if approved.

  • As a result of this restructuring, Matrix Event Driven Closed End held approximately 75% of its holding in the Retail Continuation Share Class, 13% in the Retail Redemption Share Class and 12% in the Designated Share Class.

  • The original authorized share capital of the Company was $100,000,001, comprised of 38,000,000 Ordinary Shares of $2 each, 12,000,000 Preference Shares of $2 each, and one Designated Share at $1.

  • On 1 April 2009, the Master Fund underwent restructuring involving the creation of a side pocket (the Designated Share Class ) which held nine underlying funds which were illiquid due to them locking or winding up.

  • Bee Asset Management (formerly Baltic Asset Management) ( BAM ) were appointed to oversee the liquidation of all remaining illiquid assets held in the Designated Share Classes.

  • Instead, the resulting fraction of less than one Designated Share (calculated with five decimals) is to be multiplied with the Closing Price as of the day before the Conversion Declaration has been delivered to the Principal Paying and Conversion Agent, and the resulting amount in Swiss francs (rounded to five centimes) is to be paid in cash to the converting Bondholder, provided that such payment shall only be made if its amount exceeds CHF 10.

  • Policy 10-9.2: Voluntary Payment of County's Designated Share of Impact Fees.


More Definitions of Designated Share

Designated Share has the meaning set forth in Section 3.2(g).
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Designated Share means, as to any Seller, such Seller’s share of the Estimated Purchase Price and the Final Buyer Payment (if applicable), as set forth on the certificate to be delivered to Buyer pursuant to S ection 9.2(c)(ii). For the avoidance of doubt, the sum of all Designated Shares shall equal one hundred percent (100%).
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Related to Designated Share

  • Allocated Share for any month means that percentage of CMISC Reimbursable Out-of-Pocket Expenses which would be allocated to a Fund for such month in accordance with the methodology described below under the heading “Methodology of Allocating CMISC Reimbursable Out-of-Pocket Expenses.”

  • Participating Share or “Share” means the Participating Shares of no par value in the

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Unit Share means a Common Share comprising part of each Unit;

  • Time-share unit means a condominium unit in which a time-share estate or a time-share license exists.

  • Performance Share means an Award denominated in Shares which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine pursuant to Section 10.

  • Restricted Share means a Share awarded to a Participant pursuant to Article 6 that is subject to certain restrictions and may be subject to risk of forfeiture.

  • Designated Unit means information technology devices (e.g. hard disks or central processing units) identified by Licensee pursuant to this Agreement that have been officially made known to the public as appropriate for Use or interoperation with the Software.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Share Unit means a unit credited by means of an entry on the books of the Corporation to a Participant pursuant to the Plan, representing the right to receive, subject to and in accordance with the Plan, for each Vested Share Unit one Share, at the time, in the manner, and subject to the terms, set forth in the Plan and the applicable Grant Agreement;

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • certificated share means a share which is not an uncertificated share and references in these articles to a share being held in certificated form shall be construed accordingly;

  • Phantom Share means a right, pursuant to the Plan, of the Grantee to payment of the Phantom Share Value.

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Share means a share of the Common Stock, as adjusted in accordance with Section 13 of the Plan.

  • Incentive Shares means an award of shares granted pursuant to Section XIII.

  • Director Option means an Option granted pursuant to Section 6.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Participating Shares means shares that entitle their holders to participate without limitation in distributions.

  • Option Consideration has the meaning set forth in Section 3.3(a).

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • car-share means the practice where a number of people share the use of one or more cars that are owned by a profit or non-profit car-sharing organization and where such organization may require that use of cars to be reserved in advance, charge fees based on time and/or kilometres driven, and set membership requirements of the car-sharing organization, including the payment of a membership fee that may or may not be refundable;

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Free Share means, in respect of a Fund, each C share of the Fund, other than a Commission Share (including, without limitation, any C share issued in connection with the reinvestment of dividends or capital gains).