Disputed Shares definition

Disputed Shares means the number of shares of Series A Preferred Stock, if any, to which the Disputed Amounts relate unless Tekelec specifies a lower amount in a written notice to Santera.
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Disputed Shares means a number of Class A Shares equal to the difference between (i) the aggregate number of Class A Shares issued upon conversion of Class B Shares owned by the Holders at a Conversion Ratio applied by DWAC on the closing of the Business Combination subtracted from (ii) the aggregate number of Class A Shares issuable upon conversion of Class B Shares owned by the Holders at a Conversion Ratio of 2-for-1.
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Disputed Shares means only shares of Common Stock issued pursuant to the Acclaim Option, the Axxxxx Warrant or the Mannat Warrant.
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Examples of Disputed Shares in a sentence

  • Due to non-cooperation between the Sellers and certain other parties, the Disputed Shares were not transferred to the Purchasers.

  • Plaintiffs further deny that Szalay ever had a legitimate claim to the Disputed Shares and argue that, even if he did, the Wills Settlement extinguished any such claim.

  • First, the Company cancelled the 1.5 million shares of common stock that Szalay received in the 2005 Issuance in exchange for the Disputed Shares.

  • For Plaintiffs to prevail on their argument that the Wills Settlement extinguished Szalay‘s claim to the Disputed Shares, Plaintiffs would have to prove that, by virtue of the Wills Settlement, Szalay released claims he had against the Company for Disputed Shares.

  • Each of Simus, Thomas, and Zindrick either was involved in the secret plot to remove Szalay from the Board that led to this action to invalidate Szalay‘s Disputed Shares or the 2009 Issuance of the Disputed Shares that purported to dilute Thomas‘s percentage of Founders‘ Shares.

  • This amended Complaint is substantially similar to the original, but adds facts surrounding the August 15, 2014 Annual Meeting at which Szalay purported to vote his Disputed Shares in favor of Roeder and Georgiou, whose Board seats Simus and Genelux contest.Plaintiffs filed a motion to expedite on August 22, 2014, which I granted on October 7, 2014.

  • In support, Plaintiffs argue that the Disputed Shares are invalid because: (1) their issuance in 2009 lacked consideration; (2) the 2009 issuance lacked consideration because the shares of common stock that Genelux purported to convert were themselves invalid; and (3) the shares of common stock purportedly issued to Szalay in 2005 were neither authorized by the Board nor paid for by Szalay.

  • On February 27, 2007, according to meeting minutes prepared by Dr. Shahrokh Shabahang, a vote approving the replacement of the 1.5 million shares of common stock that Szalay received in December 2005 with the Disputed Shares took place by motion made by Simus during a Special Meeting of the Board.

  • Thus, even if the 2005 Issuance was ineffective, Szalay‘s claim against the Company for additional Founders‘ Shares effectively would have been satisfied or released as consideration for the 2009 Issuance of the Disputed Shares.

  • Evaluating Plaintiffs‘ challenge to whether Szalay owns validly the 1.5 million Disputed Shares requires reviewing a number of disputed facts surrounding Genelux‘s formation.


More Definitions of Disputed Shares

Disputed Shares means the 90,453 shares of i2 Telecom Common Stock which have been issued of record to Teng Xxx Xxx and have been deposited by i2 Telecom into an escrow account with Xxxxx & Lardner, as escrow agent. The Disputed Shares shall include, without limitation, any securities issued upon conversion of such shares or in exchange for or in replacement of such shares whether pursuant to the Agreement or otherwise.
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Related to Disputed Shares

  • Escrowed Shares has the meaning set forth in Section 2.4.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

  • Company Shares means the common shares in the capital of the Company;

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Plan Shares means the total number of Common Shares which may be reserved for issuance as Optioned Shares under the Plan as provided in §2.2;

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • RSU Shares means shares of Common Stock that underlie an RSU.

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Sold Shares shall have the meaning specified in Section 6.

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • VMTP Shares means Variable Rate MuniFund Term Preferred Shares, $0.00001 par value per share, liquidation preference $100,000 per share plus an amount equal to accumulated but unpaid dividends thereon (whether or not earned or declared), of the Trust. The preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of each series of VMTP Shares are set forth in the VMTP Shares Statement.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Target Shares means all of the issued and to be issued share capital of the Target.

  • Newco Shares means the common shares in the capital of Newco;

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Earnout Shares has the meaning set forth in Section 3.6(a).

  • Cash Election Shares shall have the meaning set forth in Section 3.2.1.

  • notice shares means, in relation to a notice of dissent, the shares in respect of which dissent is being exercised under the notice of dissent;