Examples of Fully Diluted Common Shares in a sentence
The entity appointed as the FP Stockholder Representative may be replaced at any time and from time to time by the vote of a majority of the Fully Diluted Common Shares held by FP and its Permitted Transferees.
Notwithstanding the foregoing, the FP Stockholder Representative shall not take any action or exercise any power to the extent that the holders of the majority of the Fully Diluted Common Shares held by FP and its Permitted Transferees shall have voted to prevent the Stockholder Representative from taking such action or exercising such power.
Upon consummation of the Third Closing (assuming repayment of the Sanmina Notes entirely in Series B Preferred Stock), Purchasers shall collectively own Series B Preferred Stock convertible into 54.94% of the Fully Diluted Common Shares of the Company.
The adjusted number of Warrant Shares shall be a number equal to the number of Warrant Shares issuable upon exercise of this Warrant immediately prior to such record date multiplied by a fraction (i) the numerator of which is the number of Fully Diluted Common Shares outstanding immediately after such event, and (ii) the denominator of which is the number of Fully Diluted Common Shares outstanding immediately prior to such event.
The adjusted number of Warrant Shares shall be a number equal to the number of Warrant Shares issuable upon exercise of this Contingent Warrant immediately prior to such event multiplied by a fraction (i) the numerator of which is the number of Fully Diluted Common Shares immediately after such event, and (ii) the denominator of which is the number of Fully Diluted Common Shares outstanding immediately prior to such event.