Share Distribution Date definition

Share Distribution Date means the Record Date, unless as determined otherwise by the board of directors of PT by a resolution of such directors after the entry into this Agreement, which date establishes the Shareholders and/or former holders of Common Shares who will be entitled to ultimately receive Newco Common Shares pursuant to this Arrangement Agreement.
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Share Distribution Date means the Original Share Distribution Date or the Deferred Share Distribution Commencement Date (as applicable).
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Share Distribution Date means the earlier of the first anniversary of the date as of which Grantee’s service as terminates for any reason or the date of a Change of Control, except as otherwise provided in Section 9 below.
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Examples of Share Distribution Date in a sentence

  • Grantee shall not be treated as owning the Shares that correspond to the Restricted Stock Units unless and until the Shares are transferred to Grantee as of the Share Distribution Date, and shall have none of the rights associated with ownership of such Shares prior to such date.

  • The Restricted Stock Units that are treated as vested as of the Vesting Date shall entitle Grantee to receive a corresponding number of Shares as of the Share Distribution Date, such Shares to be fully vested and transferable as of such date, and are treated as issued in redemption of Grantee’s rights attributable to the Restricted Stock Units granted hereby.

  • In the event there is a change in the capitalization of the Company, Grantee’s rights to receive a distribution of Shares on the Share Distribution Date shall be modified in a manner consistent with the provision of Section 11 of the Plan.

  • In the event there is a change in the capitalization of the Company, Grantee's rights to receive a distribution of Shares on the Share Distribution Date shall be modified in a manner consistent with the provision of Section 11 of the Plan.

  • Grantee’s rights with respect to the Restricted Stock Units granted subject to this Agreement shall be to receive, as of the Share Distribution Date, the Shares corresponding to such Restricted Stock Units and dividend equivalent amounts payable at such time and in such manner as is set forth in the Vesting Schedule.

  • In the event that (i) the number of Primary Shares is less than (ii) 2,000,000 minus the Closing Adjustment to Purchase Shares (such difference, if any, between (i) and (ii) being hereinafter referred to at the "Balance Shares") minus (iii) 5,000, Parent shall, subject to Sections 1.5(b), 1.5(d) and 1.5(e), cause the Balance Shares to be issued to the recipients of Primary Shares no later than 30 days from the date set forth in the first sentence above ("Balance Share Distribution Date").

  • Subject to the terms and conditions set forth herein and in the Plan, the Company grants to Grantee Restricted Stock Units, each of which corresponds to a single Share, to be delivered to Grantee (or Grantee’s personal representative, heir or legatee in the event of Grantee’s death or incapacity) on the Share Distribution Date.

  • Subject to the terms and conditions set forth herein and in the Plan, the Company grants to Grantee 40,518 Restricted Stock Units, each of which corresponds to a single Share, to be delivered to Grantee (or Grantee’s personal representative, heir or legatee in the event of Grantee’s death or incapacity) on the Share Distribution Date.

  • Grantee's rights with respect to the Restricted Stock Units granted subject to this Agreement shall be to receive the Shares corresponding to such Restricted Stock Units on the Share Distribution Date.

  • Subject to the terms and conditions set forth herein and in the Plan, the Company grants to Grantee _______________ Restricted Stock Units, each of which corresponds to a single Share, to be delivered to Grantee (or Grantee's personal representative, heir or legatee in the event of Grantee's death or incapacity) on the Share Distribution Date.


More Definitions of Share Distribution Date

Share Distribution Date shall have the meaning set forth in the Vesting Schedule.
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Related to Share Distribution Date

  • Share Distribution means a dividend payable in shares of any class or series of capital stock, Convertible Securities or other equity securities of the Corporation or any other Person.

  • Pre-Distribution Period means any Tax Period ending on or before the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on the Distribution Date.

  • Initial Distribution Date means the date occurring as soon as reasonably practicable after the Effective Date when distributions under the Plan shall commence.

  • Subsequent Distribution Date means the last Business Day of the month following the end of each calendar quarter after the Effective Date; provided, however, that if the Effective Date is within thirty (30) days of the end of a calendar quarter, then the first Subsequent Distribution Date will be the last Business Day of the month following the end of the first (1st) calendar quarter after the calendar quarter in which the Effective Date falls.

  • First Distribution Date Aggregate Original Principal [DATE] Balance of all Class A-R Certificates: $________ Cut-off Date: [DATE] Number 98-[ ]-A-R-1 Certificate Rate: ___% MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATE Series [ ] evidencing an ownership interest in distributions allocable to the Residual Interest Certificates with respect to a pool of conventional one- to four-family first mortgage loans formed and sold by Chase Manhattan Acceptance Corporation This Certificate does not represent an obligation of or interest in Chase Manhattan Acceptance Corporation, the Servicer or the Trustee referred to below or any of their affiliates. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by Chase Manhattan Acceptance Corporation, Chase Manhattan Mortgage Corporation, the Trustee or by any of their affiliates or by any governmental agency or instrumentality. NO TRANSFER OF THIS CERTIFICATE SHALL BE MADE UNLESS THE DEPOSITOR SHALL HAVE RECEIVED EITHER (i) A REPRESENTATION LETTER FROM THE TRANSFEREE OF THIS CERTIFICATE TO THE EFFECT THAT SUCH TRANSFEREE EITHER (A) IS NOT AN EMPLOYEE BENEFIT PLAN (A "PLAN") WITHIN THE MEANING OF SECTION 406 OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), AND IS NOT DIRECTLY OR INDIRECTLY PURCHASING ANY CERTIFICATE ON BEHALF OF, AS INVESTMENT MANAGER OF, AS NAMED FIDUCIARY OF, AS TRUSTEE OF OR WITH ASSETS OF A PLAN OR, IN THE CASE OF AN INSURANCE COMPANY, THE ASSETS OF ANY SEPARATE ACCOUNTS TO EFFECT SUCH ACQUISITION OR (B) THE SOURCE OF FUNDS FOR THE PURCHASE OF THE CERTIFICATES IS AN "INSURANCE COMPANY GENERAL ACCOUNT" WITHIN THE MEANING OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60 ("PTCE 95-60"), 60 FED. REG. 35925 (JULY 12, 1995), AND THE CONDITIONS SET FORTH IN SECTION I AND SECTION III OF PTCE 95-60 ARE SATISFIED WITH RESPECT TO THE PURCHASE AND HOLDING OF THE CERTIFICATES, OR (ii) IF THIS CERTIFICATE IS PRESENTED FOR REGISTRATION IN THE NAME OF A PLAN SUBJECT TO TITLE I OF ERISA, OR SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING THE ASSETS OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, AN OPINION OF COUNSEL TO THE EFFECT THAT THE PURCHASE OR HOLDING OF THIS CERTIFICATE WILL NOT RESULT IN THE ASSETS OF THE TRUST FUND BEING DEEMED TO BE "PLAN ASSETS" PURSUANT TO THE DEPARTMENT OF LABOR PLAN ASSET REGULATIONS SET FORTH IN 29 C.F.R. ss.2510.3-101 AND TO BE SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF ERISA OR THE PROHIBITED TRANSACTION PROVISIONS OF THE CODE, WILL NOT CONSTITUTE OR RESULT IN A PROHIBITED TRANSACTION WITHIN THE MEANING OF SECTION 406 OR SECTION 407 OF ERISA OR SECTION 4975 OF THE CODE, AND WILL NOT SUBJECT THE TRUSTEE, THE SERVICER, THE COMPANY OR ANY OF THEIR AFFILIATES TO ANY OBLIGATION OR LIABILITY (INCLUDING OBLIGATIONS OR LIABILITIES UNDER ERISA OR SECTION 4975 OF THE CODE) RELATING TO THE CERTIFICATES.