Maximum Number of ADSs definition

Maximum Number of ADSs means the lesser of (i) and (ii) as follows:
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Maximum Number of ADSs means, at any time, the number of ADSs equal to the product of (a) the aggregate principal amount of Convertible Notes outstanding at such time (assuming for such purpose that the option to purchase additional Convertible Notes in the Convertible Note Purchase Agreement has been exercised in full, unless and until such option has expired, in which case the Maximum Number of ADSs shall be determined without taking into account this parenthetical), divided by $1,000 and (b) the Conversion Rate at such time, subject to the adjustments referred to in the definition of Loaned ADSs above.
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Maximum Number of ADSs shall have the meaning specified in Section 14.08(a).
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Examples of Maximum Number of ADSs in a sentence

  • Scoring matrix used to qualitatively assess the reliability of the aquifer parameter data.

  • On the basis of the representations and warranties contained in this Agreement, and subject to the terms and conditions herein and in the ADS Lending Agreements, the Company agrees to issue Shares and to lend to the Borrowers, and the Borrowers agree to borrow from the Company, severally and not jointly, the Borrowed Securities up to the Maximum Number of ADSs in their respective ADS Lending Agreements.

  • Name of Selling Security-holder Number of ADSs Owned Prior to Offering Maximum Number of ADSs to Be Sold Pursuant to this Prospectus Number of ADSs Owned After Offering Forum Asian Realty Income II, L.P.(1) 0 758,441 0 (1) The share amount represents common shares that may be acquired within 60 days from the date of this prospectus upon the exercise of outstanding warrants.

  • If on any date the aggregate number of Loaned ADSs exceeds the Maximum Number of ADSs (an “ Excess ADS Event”), Lender may request in writing that the number of Loaned ADSs in excess of the Maximum Number of ADSs (such excess Loaned ADSs, the “Excess ADSs”) shall be delivered by Borrower to Lender, without any consideration being payable in respect thereof by Lender to Borrower.

  • On or prior to the 30th calendar day from the date hereof, any Borrower may give one Borrowing Notice (as defined in the ADS Lending Agreements) with respect to a number of ADSs specified in such Borrowing Notice, up to the Maximum Number of ADSs (as defined in the ADS Lending Agreements to which such Borrower is a party, such number of ADSs, the “Additional Borrowed ADSs”)) in the aggregate.

  • See “Plan of Distribution.” Name of Selling Stockholder Number of ADSs Owned Prior to Offering Maximum Number of ADSs to be Sold Pursuant to this Prospectus Number of ADSs Owned After Offering Percentage of ADSs Owned After Offering if Greater than 1% Altium Growth Fund, LP (1) 0 [Other Buyers] (2) * Denotes less than 1%.


More Definitions of Maximum Number of ADSs

Maximum Number of ADSs means the lesser of (i) the Underlying Number of ADSs and (ii) the aggregate number of ADSs sold by the Underwriters (as defined in the Underwriting Agreement) pursuant to the Underwriting Agreement through the end of the Prospectus Availability Period (as defined in the Underwriting Agreement).
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Related to Maximum Number of ADSs

  • Programme Maximum Number of ETP Securities means 1,000,000,000.

  • Applicable Share Limit means a number of Shares equal to (A) the minimum number of Shares that could give rise to reporting or registration obligations or other requirements (including obtaining prior approval from any person or entity) of a Dealer Person, or could result in an adverse effect on a Dealer Person, under any Applicable Restriction, as determined by Dealer in its reasonable discretion, minus (B) 1% of the number of Shares outstanding.

  • Maximum Face Amount means, with respect to any outstanding Letter of Credit, the face amount of such Letter of Credit including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • Offering Price has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Maximum Undrawn Amount means, with respect to any outstanding Letter of Credit as of any date, the amount of such Letter of Credit that is or may become available to be drawn, including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.