Applicable Share Number definition

Applicable Share Number means 1/3 of the number of shares of Common Stock purchased by the Holder pursuant to the Purchase Agreement.
Applicable Share Number means (i) with respect to the First Vesting Date, 34% of the number of shares of Common Stock purchased by the Holder pursuant to the Purchase Agreement and (ii) with respect to each of the Second Vesting Date and the Third Vesting Date, 33% of the number of shares of Common Stock purchased by the Holder pursuant to the Purchase Agreement.
Applicable Share Number as of a particular record date means the number of shares of Common Stock equal to the lesser of (a) 16.5% of the shares of Common Stock outstanding as of such record date (the “Base Share Number”) and (b) the greater of (i) 15% of the shares of Common Stock outstanding as of such record date and (ii) the Base Share Number minus the aggregate number of shares of Common Stock of which the Stockholders have acquired economic exposure through a Synthetic Long Position during the period from and including the date of this Agreement through and including such record date and which the Stockholders continue to hold economic exposure to through a Synthetic Long Position as of such record date. The Applicable Share Number shall be equitably adjusted to reflect the effect of any stock split, split-up, reverse stock split, stock dividend or similar change with respect to the Common Stock. Other than through communications or other actions that seek to influence holders of Common Stock generally, the Stockholders shall not control or exert influence over or seek to control or exert influence over the voting of any shares of Common Stock as to which a counterparty to any Synthetic Long Position of the Stockholders (any such counterparty, an “SLP Counterparty”) possesses power to vote or direct the voting (any such shares of Common Stock, “Subject Shares”) and shall not acquire or establish any Synthetic Long Position unless such Synthetic Long Position is governed by a written agreement between the Stockholders and the SLP Counterparty providing that the Stockholders have no right, and are not permitted, to control or exert influence over (other than through communications or other actions that seek to influence holders of Common Stock generally) the voting of any related Subject Shares. In connection with any Synthetic Long Position, the Stockholders shall deliver to the Company a copy of the portions of any written agreement with the applicable SLP Counterparty that include the provisions described in the immediately-preceding sentence and, prior to acquiring or establishing or agreeing to acquire or establish such Synthetic Long Position, shall inform the SLP Counterparty of the Stockholders’ obligations under this Agreement.

Examples of Applicable Share Number in a sentence

  • At the national level, the 2005 Comprehensive Peace Agreement (CPA) expressly provides that violations of human rights shall be considered as violations of the CPA itself.

  • If the Applicable Share Number falls below one, the relevant share shall be sold in a lump and the sale proceeds shall be distributed to the Shareholders with fractions according to the sizes of such fractions.

  • EFFECT OF VIOLATION OF THE TERMS AND PROVISIONS OF THIS REGULATORY AGREEMENT AFTER COMPLETION OF CONSTRUCTION.

  • The Company can acquire Subscription Rights held by parties other than Ineligible Parties on a date separately set up by the Company’s Board of Directors, and issue the Applicable Share Number of common shares per Subscription Right in exchange.

  • After the Third Vesting Date the Applicable Share Number shall equal zero.


More Definitions of Applicable Share Number

Applicable Share Number means (i) with respect to the First Vesting Date, 34% of the number of shares of Common Stock purchased by the Holder pursuant to the Securities Purchase Agreement (the "Purchase Agreement"), dated as of April 21, 1999, among the Company, Strong River Investments, Inc. and Catharine Street LLC on the First Tranche 1 Closing Date and Second Tranche 1 Closing Date (as each such date is defined in the Purchase Agreement) and (ii) with respect to each of the Second Vesting Date and the Third Vesting Date, 33% of the number of shares of Common Stock purchased by the Holder pursuant to the Purchase Agreement on the First Tranche 1 Closing Date and Second Tranche 1 Closing Date (as each such date is defined in the Purchase Agreement).
Applicable Share Number means 104 shares of Revlon, Inc. Common Stock; provided, however, that in the event of (i) the distribution of a dividend upon shares of Revlon, Inc. in shares of Revlon, Inc., (ii) the combination of shares of Common Stock of Revlon, Inc. into a smaller number of shares or other units, (iii) the subdivision of outstanding shares of Common Stock of Revlon, Inc., (iv) the conversion or reclassification of shares of Common Stock of Revlon, Inc. by issuance or exchange of other securities or (v) a consolidation, merger or binding shares exchange, the Applicable Share Number in effect immediately prior to such action shall be adjusted to equal the number of shares of Common Stock of Revlon, Inc. that would have constituted the Applicable Share Number immediately after such action.
Applicable Share Number means 1/3 of the actual number of shares of Common Stock purchased and paid for by the Holder pursuant to the Purchase Agreement.
Applicable Share Number means (i) the aggregate number of Preferred Shares (other than Cancelled Shares) outstanding as of immediately prior to the Effective Time, plus (ii) the aggregate number of Common Shares (other than Cancelled Shares) outstanding as of immediately prior to the Effective Time.
Applicable Share Number means a number of shares of the Company's Common Stock which, when aggregated with the number of shares of Common Stock which are issuable upon exercise in full of the Outstanding Default Warrants (as defined in the Agreement), would equal to fifty percent (50%) of the Company's outstanding Common Stock (including all of the Company's outstanding Common Stock and common stock equivalents that are convertible into and exercisable for Common Stock of the Company at the then current market price or an exercise price not more than 20% above the then current market price), determined as of the Applicable Date, subject to the terms and conditions set forth herein.
Applicable Share Number means 25% of the number of shares of Common Stock purchased by the Holder pursuant to the Purchase Agreement.
Applicable Share Number means the number of shares of Common Stock purchased by the Holder pursuant to the Purchase Agreement and then owned by the Holder, less the aggregate number of such shares used previously by the Holder to calculate the number of Warrant Shares available to the extent such Warrant Shares were actually issued hereunder pursuant to a Form of Election to Purchase.