Maximum Number definition

Maximum Number means that number of directors constituting the greater of (x) two and (y) 20% of the total number of directors of the Corporation on the last day on which a Nomination Notice may be submitted pursuant to this Section 3.11 (rounded down to the nearest whole number), which number shall be reduced as set forth in Section 3.11.c.i.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Maximum Number shall have the meaning set forth in Section 5.5.

Maximum Number means that number of directors constituting the greater of (A) two or (B) 20% of the number of directors of the Corporation which, at such time, the holders of common stock of the Corporation are entitled to elect, on the last day on which a Nomination Notice may be submitted pursuant to this Section 1.13 (rounded down to the nearest whole number), which number shall be reduced as set forth in Section 1.13(c)(i).

Examples of Maximum Number in a sentence

In the event that one or more vacancies occurs on the Board of Directors resulting from the death, resignation, disqualification, removal or other cause after the deadline set forth in Section 1.14(g) of these Bylaws, but before the date of the annual meeting of stockholders, and the Board of Directors resolves to reduce the number of directors constituting the Board of Directors in connection therewith, the Maximum Number shall be calculated based on such reduced number of directors.
If the amount of such Registrable Securities does not exceed the Maximum Number of Securities, the Company may include in such Registration any other Equity Securities of the Company and other securities held by other security holders of the Company, as the Company may in its discretion determine or be obligated to allow, in an amount which together with the Registrable Securities included in such Demand Registration shall not exceed the Maximum Number of Securities.
If such amount exceeds the Maximum Number of Securities, the number of Registrable Securities included in such Demand Registration shall be allocated among all the Participating Demand Holders on a pro rata basis (based on the number of Registrable Securities held by each Participating Demand Holder).
Notwithstanding anything to the contrary in this Confirmation, in no event shall Dealer be required to deliver any Shares in excess of the Maximum Number of Shares (as specified in Schedule I).
In the event of a Block Trade, and after consultation with PubCo, the Demanding Holders and the Requesting Holders (if any) shall determine the Maximum Number of Securities, the underwriter or underwriters and the share price of such offering.

More Definitions of Maximum Number

Maximum Number has the meaning set out in Section 2.1(f).

Maximum Number has the meaning ascribed to such term in Section 2(a)(iii).

Maximum Number when used in connection with an Underwritten Offering, shall mean the maximum number of shares of Company Capital Stock (or amount of other Registrable Securities) that the Underwriters’ Representative has informed the Company may be included as part of such offering without adversely affecting the proposed offering pricing, the timing, the distribution method or probability of success of such offering.

Maximum Number means the maximum number of R▇▇▇ that a Non-Accredited User is authorized to subscribe to upon the Introduction of a Talent on the Platform and which is strictly less than five percent (5%) of the total number of R▇▇▇ for the relevant Talent;

Maximum Number means, except as otherwise set forth in the Bylaws, the number of members of the Board of Directors that constitutes 20% of the total number of such members as of the Access Notice Date (rounded down to the nearest whole number); provided, however, that the Maximum Number for a particular annual meeting shall be reduced as set forth in the Bylaws.

Maximum Number shall have the meaning set forth in Section 2.01(b).

Maximum Number shall having the meaning set forth in Section 3.3(e) hereof.