Company Outstanding Shares definition
Examples of Company Outstanding Shares in a sentence
The aggregate number of shares of Company Common Stock that are issued and outstanding immediately prior to the Effective Time and that are held by holders who have properly exercised appraisal rights or properly provided notice of the intention to exercise appraisal rights in accordance with the MBCA Dissenters’ Rights shall constitute less than fifteen percent (15%) of the Company Outstanding Shares.
The Operating Partnership is the sole stockholder of record of the Services Company Outstanding Shares.
The issuance of the Company Outstanding Shares by the Company is not subject to preemptive or other similar rights arising under the MGCL, the Company Charter or the Company Bylaws or, based solely on the Officers Certificate (as defined in such counsel's opinion) and upon any facts otherwise known to such counsel, any agreement or other instrument to which the Company is a party known to such counsel.
The Company Closing Statement and the calculations and determinations contained therein shall be prepared in accordance with the Company’s organizational documents, all documents, plans and agreements governing the Company Outstanding Shares, the DGCL and the applicable definitions contained in this Agreement.
The terms of the Common Stock conform, in all material respects, to the statements and descriptions related thereto contained in the Registration Statement, the General Disclosure Package and the Prospectus under the caption “Description of Capital Stock.” The issuance of the Company Outstanding Shares by the Company was not subject to preemptive or other similar rights arising under the MGCL, the charter or bylaws of the Company or, to such counsel’s knowledge, any Material Contract.