Description of the Shares Sample Clauses
The 'Description of the Shares' clause defines the specific characteristics and details of the shares being issued or transferred under the agreement. It typically outlines the class or type of shares (such as common or preferred), the number of shares involved, and any special rights, preferences, or restrictions attached to them. For example, it may specify whether the shares carry voting rights or dividend entitlements. This clause ensures all parties have a clear understanding of exactly what is being bought or sold, thereby preventing disputes and ensuring transparency in the transaction.
Description of the Shares. The Shares conform in all material respects to the description thereof contained in the Registration Statement, Pricing Disclosure Package and the Prospectus.
Description of the Shares. The Company is issuing Shares at a price of U.S. $0.05 per Share. The Shares are a part of the common shares of the Company presently authorized. Copies of the constating documents of the Company describing the common shares and the rights of shareholders are available upon request.
Description of the Shares. The Company proposes to issue and sell on a "best efforts all or none" basis through the Underwriter an aggregate of 125,000 shares (the "Shares") of common stock, $.01 par value per share (the "Common Stock"). The offering of Shares hereby may sometimes be referred to as the "Offering." The Underwriter is not required to purchase any of the Shares and, to the extent the Shares are sold, will deposit the funds received in connection with the Offering in the Escrow Account (Funds) and the Shares sold in the Offering in the Escrow Account (Stock) pursuant to the respective escrow agreements entered into between the Company and Continental Stock Transfer and Trust Company dated as of September 25, 2000.
Description of the Shares. The Company is issuing Shares at a price of U.S. $0.10
Description of the Shares. The Shares being sold pursuant to this Agreement conform in all material respects to the statements relating thereto contained in the prospectus supplement, dated January 22, 2003, to the prospectus, dated October 2, 2002 (collectively, the "Prospectus").
Description of the Shares. Pursuant to the Agreement, the Transferor shall transfer to the Transferee five hundred and five (505) shares, numbered 1 up to and including 505, with a nominal value of forty-five euro (EUR 45) each, in the capital of the Company which shares constitute the entire issued and outstanding share capital of the Company (the “Shares”).
Description of the Shares. Schedule II specifies the aggregate number of Shares, and the purchase price to be paid by the Underwriters and sets forth the date, time and manner of delivery of the Shares and payment therefor. Schedule II also specifies (to the extent not set forth in Sections 4 and 5 herein, or in the Registration Statement, Time of Sale Information or Prospectus, each such term as defined below) the terms and provisions for the purchase of such Shares. The terms, including the rights, preferences and limitations, of the Shares will be set forth in articles of amendment (the Articles of Amendment) to the Company’s Articles of Incorporation, as restated, to be filed by the Company with the State Corporation Commission of the Commonwealth of Virginia.
Description of the Shares. A. There is presently authorized 50,000 shares of the $1.00 par value Common stock of CLS and 50,000 shares of the $1.00 par value Preferred stock of CLS, of which 200 common shares and 0 preferred shares are issued and outstanding, which shares are owned as follows: (copies of the certificates of which are attached hereto, together with copies of the Articles, By-laws and Minutes, as Exhibit ("1"). The Rights, duties, obligations and preferences of the various classes of stock are set forth in the Articles as shown on Exhibit "1". Shareholder: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ 100 common ▇▇▇▇▇ ▇. ▇▇▇▇▇ 100 common
Description of the Shares. The Shares will conform in all material respects to the descriptions relating thereto contained in the Prospectus and such description will conform to the rights set forth in the Articles Supplementary defining the same; the certificate evidencing the Shares will be in substantially the form to be filed or incorporated by reference, as the case may be, as an exhibit to the Registration Statement and the form of stock certificate evidencing the Shares will comply with all applicable legal requirements, with all applicable requirements of the Company’s charter and by-laws and with the requirements of the New York Stock Exchange, Inc. (the “NYSE”).
Description of the Shares. The statements set forth in the Pricing Prospectus and Prospectus under the caption “Description of Share Capital,” insofar as they purport to constitute a summary of the terms of the Stock, under the caption “Certain Tax Considerations,” and under the caption “Underwriting,” insofar as they purport to describe the provisions of the laws and documents referred to therein, are accurate in all material respects, complete and fair.