Incremental Shares definition

Incremental Shares has the meaning given in Section 3(c)(i).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Incremental Shares means the number of shares equal to the sum of (a) the Spinco Shares Incremental Increase and (b) the Spinco Shares Additional Amount. For illustrative purposes only, Section 1.1 of the Company Disclosure Schedules sets forth the calculations of Incremental Shares and related terms as if the Company Diluted Shares Outstanding at Closing were the same as they are in such schedule.”

Incremental Shares means the Voting Securities beneficially owned (as such term is defined in Rule 13d-3 under the Exchange Act) by such Purchaser or any of its Affiliates, in aggregate, in excess of 14.99% of the outstanding Voting Securities.

Examples of Incremental Shares in a sentence

It is understood that the several Underwriters propose to offer the Securities (other than the Incremental Shares) for sale to the public and the Incremental Shares for sale to the Selling Securityholder, all as set forth in the Prospectus.
Said option may be exercised only to cover over-allotments in the sale of the Underwritten Securities (exclusive of the Incremental Shares) by the Underwriters.
The number of shares to be purchased from each Underwriter, pursuant to this paragraph (c) shall be equal to the number of shares of Incremental Shares committed to be purchased by such Underwriter under this Agreement.
If the option provided for in Section 2(b) hereof shall have been exercised on or before the third Business Day prior to the Closing Date, delivery by the Selling Securityholder and payment by the Underwriters for the Option Securities shall be made immediately following the repurchase of the Incremental Shares referenced above.
Delivery of the Incremental Shares shall be made to the Selling Securityholder against payment by the Selling Securityholder of the purchase price of the Incremental Shares to or upon the order of the Underwriters by wire transfer payable in same-day funds to the account specified by the Underwriters.
Until the Incremental Shares shall have been disposed of as provided in Section 3(c)(ii) and, if applicable, the option of the Company or its designee provided in Section 3(c)(i) shall have expired, the Incremental Shares shall be voted in a manner proportionate to shares voted by the shareholders of the Company other than the Investor Group and the Permitted Transferees.
Delivery of the Incremental Shares shall be made through the facilities of The Depository Trust Company unless the Selling Securityholder shall otherwise instruct.
If the Investor does not purchase the Incremental Shares in the Follow-On Offering, then the Investor shall purchase the Incremental Shares at a purchase price per Incremental Share equal to the Per Incremental Share Purchase Price, at the Closing, together with the Shares at the Per Share Purchase Price.
Delivery by the Underwriters and payment by the Selling Securityholder for the purchase of the Incremental Shares by the Selling Securityholder from the Underwriters shall be made immediately following the sale of the Underwritten Securities and the Incremental Shares referenced above.
For the avoidance of doubt, whether or not a Dragged Holder elects to give an Incremental Share Notice or sells any Incremental Shares, such Dragged Holder shall nonetheless be obligated to sell the percentage of such Holder’s Issuer Shares pursuant to the Drag-Along Sale as set forth in Section 14.15(b) (as reduced, to the extent applicable, by the immediately preceding sentence).

More Definitions of Incremental Shares

Incremental Shares is hereby added as follows:

Incremental Shares shall have the meaning set forth in Section 2.01(c). “Indemnified Company Entities” shall have the meaning set forth in Section 8.02. “Indemnified Entities” shall have the meaning set forth in Section 8.02. “Indemnified Investor Entities” shall have the meaning set forth in Section 8.01. “Indemnified Party” shall have the meaning set forth in Section 8.04(a). “Indemnifying Party” shall have the meaning set forth in Section 8.04(a). “Investor” shall have the meaning set forth in the Preamble.

Incremental Shares shall have the meaning set forth in Section 2.01(c).

Incremental Shares has the meaning set forth in recital A;