Examples of Minimum Number of Shares in a sentence
The number of shares so reserved may be reduced by the number of shares actually delivered pursuant to conversion of Debentures (provided that in no event shall the number of shares so reserved be less than the Minimum Number of Shares applicable to any Debenture) and the number of shares so reserved shall be increased or decreased proportionally to reflect stock splits, stock dividends and other distributions.
If the Investors do not offer such number of Shares that meets or exceeds the QIPO Minimum Number of Shares, then the remaining Shares shall be offered by the (i) Company and/or (ii) Promoters and the Other Founding Shareholders in proportion to their then inter-se Shareholding as per the sole discretion of the Investors.
Unless the Merger is consummated in accordance with Section 253 of the DGCL as contemplated by Section 2.09 if Parent owns, directly or indirectly, no more than the Revised Minimum Number of Shares, the only vote of the stockholders of the Company required to adopt the plan of merger contained in this Agreement and approve the Merger is the affirmative vote of the holders of not less than a majority of the outstanding Shares.
If we do not receive Subscription Payments for the Minimum Number of Shares by the Expiration Date, the Offering will not close and the Escrow Agent will promptly return all Subscription Payments to all subscribers, with interest calculated at the federal funds rate.
In fact, the construction of anti-monopoly civil public interest litigation system does not only give plaintiff qualification to individuals, but also a series of complementary systems such as burden of proof system will follow[7].