Minimum Number of Shares Sample Clauses

Minimum Number of Shares. This Option may be exercised in whole or in part, but cannot be exercised with respect to any fractional Shares.
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Minimum Number of Shares. This Option shall be exercisable for at least 100 Common Shares (without regard to adjustments to the number of Common Shares subject to this Option pursuant to Article 10 of the Plan) or, if less, (i) the number of shares with respect to which this Option has become vested under Section 3(a) above, or (ii) all of the remaining Common Shares subject to this Option.
Minimum Number of Shares. At no time may the Option be ------------------------ exercised for less than one hundred (100) shares of Stock unless the number of shares to be acquired by exercise of the Option is the total number then purchasable under the Option.
Minimum Number of Shares. This option cannot be exercised with respect to any fractional Shares.
Minimum Number of Shares. The Xxxx Shares to be sold by the Xxxx Shareholders hereunder and deposited under Section 1.6 shall constitute 80 % of the issued and outstanding, common stock of Xxxx held by the Xxxx Shareholders (exclusive of any shares issued to HomeLife under Section 1.4). Notwithstanding the foregoing, HomeLife reserves the right to proceed with purchasing the Xxxx Shares under this Agreement if the Xxxx Shares to be sold by the Xxxx. Shareholders constitute at least 67 % of the issued and outstanding common stock of Xxxx (exclusive of any shares issued to HomeLife under Section 1.4).
Minimum Number of Shares. Any exercise of the Option must be for ------------------------- at least one hundred (100) Shares (without regard to adjustments to the number of Shares subject to the Option pursuant to section 8 of the Option Plan) or, if less, all of the remaining Shares subject to the Option.
Minimum Number of Shares. Notwithstanding anything in Section 3 (Demand Registration) hereof to the contrary, the Company shall not be required to effectuate a Demand Registration of fewer than 100,000 Shares.
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Minimum Number of Shares. Notice of ---------------------------------------------------------- Proposed Transfers. The shares of Preferred Stock issued hereunder may be ------------------ transferred only with the consent of CSFBM, which consent shall be deemed to have been given if not objected to within five business days; provided, however, that no such consent shall be required (i) in the case of any transfer of such shares from one of the Transferors (or any of their respective affiliates) to an affiliate of such Transferor or (ii) in the case of any transfer of such shares of Preferred Stock from a Transferor (but not any subsequent transferor of such shares) to a person that is an institutional "accredited investor" (as defined in Regulation D under the Securities Act) in a transaction that is exempt from the registration requirements thereunder and, prior to such transfer, CSFBM shall have received an opinion of counsel confirming the availability of such exemption. CSFBM shall respond as promptly as reasonably practicable to any request for such consent hereunder. Any attempted transfer of shares of Preferred Stock in violation of the other terms of this Section 8 shall be null and void. In addition, any transfer of such shares issued hereunder shall involve the transfer of at least the lesser of (i) 20,000 shares of Preferred Stock and (ii) all such shares of Preferred Stock held by the particular transferor, as the case may be. As used in this Section 8, (i) the term "transfer" encompasses (x) any offer, pledge, sale, contract to sell, the sale of any option or contract to purchase, the purchase of any option or contract to sell, the grant of any option, right or warrant to purchase, transfer, or other disposition of any securities referred to herein or any securities convertible into or exercisable or exchangeable for the securities referred to herein and (y) entering into any swap or other arrangement that transfers all or a portion of the economic consequences associated with the ownership of any of the securities referred to herein (regardless of whether any transaction described in clause (x) or (y) is to be settled by the delivery of the securities referred to herein, or such other securities, in cash or otherwise) and (ii) the term "affiliate" shall have the meaning ascribed to it in Rule 144 under the Securities Act.
Minimum Number of Shares. The minimum number of shares with respect to which an Option may be exercised at any one time is the lesser of (a) fifty (50) Shares or (b) the number of Shares that have vested in the preceding six (6) month period prior to the exercise.
Minimum Number of Shares. Sellers shall have delivered certificates to Purchaser for the Shares purchased by Purchaser hereunder.
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