Xxxxx Shares definition

Xxxxx Shares means the common shares in the capital of Xxxxx.
Xxxxx Shares means the common shares of Xxxxx, as constituted from time to time;
Xxxxx Shares has the meaning set forth in the recitals.

Examples of Xxxxx Shares in a sentence

  • Each Xxx Xxxxx Shareholder shall deliver to JML all right, title and interest in the Xxx Xxxxx Shares, free and clear of all mortgages, liens, charges, security interests, adverse claims, pledges, demands, rights and other encumbrances of any nature or kind.

  • Upon completion of the sale and transfer of the Xxx Xxxxx Shares to JML, JML shall also file a Form SB-2 or similar registration statement with the SEC covering the sale of up to 2,500,000 shares in the common stock of JML held, or to be held by current and future shareholders of JML.

  • Upon quotation of the Xxx Xxxxx Shares on the NASD Over-the-Counter Bulletin Board, JML shall complete a registered public offering of a minimum of 1,000,000 shares and a maximum of 2,000,000 shares of its common stock (the “Public Offering”) at an estimated price of USD $0.30 per share for gross proceeds of between USD $300,000 and USD $600,000 before commissions.

  • The purchase price payable by JML to the Xxx Xxxxx Shareholders for the Xxx Xxxxx Shares is $1,650,000.00 in U.S. currency (the “Purchase Price”) payable on the Closing Date by the issuance of 16,500,000 common shares in the capital stock of JML (the “JML Shares”).

  • At the Closing, Xxxxx shall deliver to the Purchaser endorsed share certificates or executed stock powers and other good and sufficient instruments of transfer as the Purchaser may reasonably require to vest effectively in the Purchaser good and valid title to the Xxxxx Shares, free and clear of any claims, liens, pledges, options, security interests, trusts, encumbrances or other rights or interests of any person.


More Definitions of Xxxxx Shares

Xxxxx Shares shall have the meaning set forth in Section 2.3 hereof.
Xxxxx Shares has the meaning set forth in Section 2.2.
Xxxxx Shares means the Class A common shares without par value in the authorized share capital of Xxxxx, as constituted on the date of this Agreement; ;
Xxxxx Shares has the meaning specified in the recitals to this Agreement.
Xxxxx Shares means collectively, the Initial Xxxxx Share, the Class A Xxxxx Shares and the Class B Xxxxx Shares.
Xxxxx Shares has the meaning attributed to that term in Recital C.
Xxxxx Shares all shares of Common Stock owned now or in the future by the Xxxxx Principals and their Permitted Transferees, the shares of Common Stock issued upon exercise of the Xxxxx Principals Options (as defined in the Exchange Agreement) and any Common Stock issued with respect to such Common Stock by way of a stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization. IPO: an initial underwritten public offering pursuant to an effective registration statement under the Securities Act covering the offer and sale of Common Stock to the public.