Note Shares definition

Note Shares means the shares of Common Stock issuable upon conversion of the Notes.

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Note Shares has the meaning given such term in Section 12(a).

Note Shares means the shares of Common Stock issuable upon conversion of a Note, including any outstanding principal and accrued interest.

Examples of Note Shares in a sentence

• For the avoidance of doubt, the Commitment Note and all of the Note Shares shall be fully earned as of the Closing Date regardless of whether any VWAP Purchases are made hereunder or any subsequent termination of this Agreement.

• The Note Shares to be issued under this Agreement have been, or with respect to Shares to be purchased by the Investor pursuant to a particular VWAP Purchase Notice, will be, prior to the delivery to the Investor hereunder of such Note Shares or VWAP Purchase Notice, respectively, duly authorized by all necessary corporate action on the part of the Company.

• For the avoidance of doubt, all Shares and Note Shares to be issued from and after Commencement to or for the benefit of the Investor pursuant to this Agreement shall be issued to the Investor or its designee only as DWAC Shares.

• For the avoidance of doubt, the Commitment Note and all of the Note Shares shall be fully earned as of the Closing Date, regardless of whether any VWAP Purchases are effected hereunder and regardless of any subsequent termination of this Agreement.

• The number of shares of Common Stock so reserved for the purpose of issuing the Note Shares and effecting VWAP Purchases under this Agreement may be increased from time to time by the Company from and after the Commencement Date, and such number of reserved shares may be reduced from and after the Commencement Date only by the number of Shares actually issued, sold and delivered to the Investor pursuant to any VWAP Purchase effected from and after the Commencement Date pursuant to this Agreement.

More Definitions of Note Shares

Note Shares has the meaning set forth in the Recitals.

Note Shares has the meaning set forth in Section 4.5(a) of this Agreement;

Note Shares has the meaning set forth in Section 3.1(w).

Note Shares means the 1,600,000 shares of the Company's Series B Convertible Preferred Stock, $.01 par value per share, issued pursuant to the Conversion Agreement.

Note Shares means the Ordinary Shares acquired by the Investor upon conversion of the Note.

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

Note Shares means those XCel Shares issuable upon conversion of the Promissory Notes.