Minimum Required Shares definition

Minimum Required Shares means at least that number of the outstanding Shares required pursuant to the Minimum Condition unless the Offeror shall have waived the Minimum Condition in compliance with Section 2.1(f), in which case "Minimum Required Shares" means that number of the outstanding Shares which the Offeror takes up on the Take-up Date.

Minimum Required Shares means at least that number of the outstanding Caza Shares required to be tendered to the Offer to satisfy the Minimum Condition;

Minimum Required Shares means that number of the outstanding Shares which the Offeror takes up on the Take-up Date.

Examples of Minimum Required Shares in a sentence

• You must also notify the Company at any time during the Period of the Award on or after September 30, 2005 if you sell or otherwise transfer such shares and your total share ownership is less than the Minimum Required Shares.

• If Purchaser takes up and pays for, or otherwise acquires, directly or indirectly at least the Minimum Required Shares pursuant to the terms of the Offer, Purchaser agrees to comply, or cause Addax to comply, with the terms of the Convertible Notes and the Credit Facilities.

• If, at any time during the Period of the Award on or after September 30, 2005, you own some shares but less than the Minimum Required Shares, you will forfeit a pro rata portion of the Award not yet accelerated based upon the ratio of the number of shares you own to the Minimum Required Shares.

• You must own directly or beneficially Company Stock in the amount of 50 % of the number of shares covered by the Award (hereinafter referred to as "Minimum Required Shares") and provide proof of ownership satisfactory to the Committee of that number of shares as of September 30, 2005.

• The Protected Excess Stock amount is calculated as the greater of 1.) an absolute dollar amount (or relayed in terms of a number of shares of stock) or 2.) a percentage of a Member’s Minimum Required Shares.

More Definitions of Minimum Required Shares

Minimum Required Shares means at least that number of the outstanding Shares required pursuant to the Minimum Condition unless the Offeror shall have waived the Minimum Condition in which case “Minimum Required Shares” means that number of the outstanding Shares, not less than that number as will, excluding Shares owned by the Offeror or affiliates of the Offeror, equal 50.1% of the outstanding Shares, which the Offeror takes up on the Take-up Date;

Minimum Required Shares means at least that number of the outstanding Zorin Shares required pursuant to the Minimum Condition unless Hawker shall have waived the Minimum Condition in which case “Minimum Required Shares” means that number of the outstanding Zorin Shares which Hawker takes up on the Take-up Date, provided that such number of Zorin Shares shall not be less than 50% of the issued and outstanding Zorin Shares on a diluted basis;

Minimum Required Shares means that number of the outstanding Norcen Shares which UPRI takes up on the Take-up Date, provided that such number of Norcen Shares shall be at least that number of Norcen Shares tendered pursuant to the pre-tender agreement referred to in Section 2.2(b);

Minimum Required Shares means at least that number of the outstanding Canadian Hunter Shares required pursuant to the Minimum Condition unless Burlington shall have waived the Minimum Condition in which case "Minimum Required Shares" means that number of the outstanding Canadian Hunter Shares which Burlington takes up on the Take-up Date, provided that such number of Canadian Hunter Shares shall not be less than 50% of the issued and outstanding Canadian Hunter Shares on a diluted basis (exclusive of any Canadian Hunter Shares that Burlington owned prior to the date the Offer Documents are mailed);

Minimum Required Shares means at least that number of the outstanding Chieftain Shares required pursuant to the Minimum Condition unless Offeror shall have waived the Minimum Condition in which case "Minimum Required Shares" means that number of the outstanding Chieftain Shares which Offeror takes up on the Take-up Date, provided that such number of Chieftain Shares shall not be less than a majority of the issued and outstanding Chieftain Shares on a diluted basis;

Minimum Required Shares means at least that number of the outstanding AnorMED Shares required pursuant to the Minimum Tender Condition unless the Offeror shall have varied the Minimum Tender Condition in accordance with the Support Agreement, in which case "Minimum Required Shares" means that number of the outstanding AnorMED Shares which the Offeror takes up on the Initial Take-up Date.

Minimum Required Shares means at least that number of Common Shares required pursuant to the Minimum Condition unless the Offeror shall have waived the Minimum Condition in which case Minimum Required Shares means that number of Common Shares that the Offeror accepts in the Offer, provided that such number of Common Shares shall not be less than a majority of the issued and outstanding Common Shares on a fully-diluted basis;