Initial Shares definition

Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

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Initial Shares means a number of Registrable Securities equal to the lesser of (i) the total number of Registrable Securities and (ii) one-third of the number of issued and outstanding shares of Common Stock that are held by non-affiliates of the Company on the day immediately prior to the filing date of the Initial Registration Statement.

Initial Shares is defined in the preamble to this Agreement.

Examples of Initial Shares in a sentence

The Parties agree to perform a sales analysis once all of the Initial Shares have been sold by Cedar, to determine the gross sales proceeds received by Cedar from the sale of the Shares (the “Proceeds”).
The “Settlement Amount” is a number of Shares equal to (a) (i) the Prepayment Amount divided by (ii) the Forward Price minus (b) the Initial Shares, rounded to the nearest whole number of Shares.
Calculation Period Start Date: As specified in Schedule I Calculation Dates: As specified in Schedule I Initial Shares: As specified in Schedule I Initial Share Delivery Date: As specified in Schedule I.
The Company shall deliver the Initial Shares to Cedar as soon as possible after the full execution of this Settlement Agreement.
The Company shall have furnished all required materials to the Transfer Agent to reflect the issuance of the Initial Shares at the Closing.

More Definitions of Initial Shares

Initial Shares has the meaning set forth in the recitals.

Initial Shares shall have the meaning given in the Recitals hereto.

Initial Shares has the meaning specified in Section 1(a).

Initial Shares has the meaning set forth in Section 2.04(e).

Initial Shares means 790,000 shares of the Class, subject to adjustment from time to time pursuant to the provisions of this Warrant.

Initial Shares shall have the meaning set forth in Section 2.8.

Initial Shares means, with respect to the applicable Purchaser, the number of shares of Common Stock issued to such Purchaser on the Closing Date (adjusted for stock splits, combinations, dividends and the like occurring after the Closing Date).