Shares Issuable Sample Clauses

Shares Issuable. The number of Ordinary Shares “obtainable upon exercise” or “issuable upon exercise” of a Warrant at any time shall be the number of Ordinary Shares for which such Warrant is then exercisable. The number of Ordinary Shares “for which each Warrant is exercisable” shall be one (1) share, subject to adjustment as provided in Section 4.1.
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Shares Issuable. The number of shares of Common Stock “obtainable upon exercise” of Warrants at any time shall be the number of shares of Common Stock into which such Warrants are then exercisable. The Company will confirm the number of shares obtainable upon exercise if so requested by the Warrant Agent. The number of shares of Common Stock “into which each Warrant is exercisable” shall be one (1) share, subject to adjustment as provided in Section 5.1.
Shares Issuable. To determine the number of Warrant Shares for which the Warrant may be exercised, the Company shall determine the average Closing Price (as defined below) of the Common Stock for the (i) fifteen (15) consecutive trading days immediately preceding the Determination Date and (ii) the thirty (30) consecutive trading days ending fifteen (15) trading days prior to the Determination Date, and shall calculate the number of shares of the Common Stock, or fraction thereof, which could be purchased at the greater of such two average Closing Prices for a purchase price of twenty-five cents ($0.25). The result of this calculation shall be the "Share Factor." The Share Factor shall be multiplied by the number of Warrants stated on the first page of this Warrant to determine the number of whole shares for which this Warrant may be exercised. Fractional shares resulting from aggregate exercises shall be rounded to the nearest whole share.
Shares Issuable. The number of Warrant Shares issuable upon exercise of Warrants will be the number of Warrant Shares into which such Warrants are then exercisable. The number of Warrant Shares "into which each Warrant is exercisable" initially will be one share, subject to adjustment as provided in paragraph 5 of this Agreement.
Shares Issuable. The number of shares of Class B Common Stock “obtainable upon exercise” of Warrants at any time shall be the number of shares of Class B Common Stock for which such Warrants are then exercisable. The number of shares of Class B Common Stock “for which each Warrant is exercisable” shall be one (1) share, subject to adjustment as provided in Section 4.1.
Shares Issuable. The number of whole shares of Preferred Stock into which this Note may be voluntarily converted (“Conversion Shares”) shall be determined by dividing the aggregate principal amount borrowed hereunder together with all accrued interest to the date of conversion by the Conversion Price (hereinafter defined). The “Conversion Price” shall mean the lesser of (i) the per-share purchase price of the Company’s Series A Preferred Stock and (ii) the per-share purchase price of any class of the Company’s Preferred Stock.
Shares Issuable. An aggregate of 700,000 shares of the Company's Common Stock shall be purchased by and issued and sold to the Shareholders in the proportion set forth on the signature page of this Agreement.
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Shares Issuable. The number of whole shares of Capital Stock or Common Stock into which the Note shall be converted pursuant to Sections 5.1 and 5.2 hereof shall be determined by dividing (a) the aggregate principal amount of the Note, together with all accrued interest to the date of conversion, by (b) the purchase price of (i) for the capital stock sold in an Equity Financing, the price per share paid by third party investors at the initial closing of the Equity Financing, or (ii) for any conversion into Common Stock, the lesser of: (y) the average closing price of the Common Stock as listed on the OTC Bulletin Board over the thirty (30) trading days immediately prior to the Closing Date ($0.____ per share as of ____________), or (z) the average closing price of the Common Stock as listed on the OTC Bulletin Board over the thirty (30) trading days immediately prior to the date of a Change of Control or the date of Holder's voluntary exercise of the Note (respectively, as applicable, the "Conversion Price").
Shares Issuable. Subject to the last sentence of this Section 2.3, the number of shares of Common Stock to be issued by the Company to an Optionee upon exercise of an Option shall be equal to the product of (a) a fraction, (i) the numerator of which is the Percentage Interest of the outstanding Partnership Interests with respect to which the Option is exercised and (ii) the denominator of which is the aggregate Percentage Interest of the outstanding Partnership Interests held by such Optionee immediately prior to such exercise (giving effect to any adjustment pursuant to Section 2.4(f), if applicable), multiplied by (b) such Optionee’s Conversion Number. In the case of an Optionee with respect to whom an Excess Tax Amount exists under the Partnership Agreement, there shall be subtracted from the number of shares of Common Stock to be issued that number of shares which is equal to the result (rounded to the nearest whole number) of dividing such Excess Tax Amount by the Current Market Price of one share of Common Stock as of the date the notice of exercise of Option is deemed delivered pursuant to Section 6.9 hereof (or, in the case of exercise of the Purchase Right, as of the date of the Triggering Event).
Shares Issuable. The maximum number of shares of Stock reserved and available for distribution pursuant to Awards under the Plan shall be 2,000,000 shares. Such shares of Stock may consist, in whole or in part, of authorized and unissued shares or treasury shares. If (i) an Award expires or terminates for any reason without being exercised in full or is satisfied without the distribution of Stock, or (ii) Stock distributed pursuant to an Award is forfeited or reacquired by the Company, or is surrendered upon exercise of an Award, the Stock subject to such Award or so forfeited, reacquired or surrendered shall again be available for distribution for purposes of the Plan.
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