Outstanding Common Shares definition

Outstanding Common Shares means, as of immediately prior to the Effective Time, the aggregate number of shares of Common Stock issued and outstanding.

Outstanding Common Shares means, at any time, the number of Common Shares issued and outstanding on a non-diluted basis at such time.

Outstanding Common Shares means all shares of Common Stock then outstanding and all shares of Common Stock issuable upon conversion of all convertible securities then outstanding and upon exercise of warrants and options then outstanding.

Examples of Outstanding Common Shares in a sentence

• Except as otherwise provided in this Agreement or as otherwise required by law, the affirmative vote of the holders of not less than a majority of the Common Shares then Outstanding shall be required for all such other matters as the Manager, in its sole discretion, determines shall require the approval of the holders of the Outstanding Common Shares.

• Subject to paragraph (b) of this Section 4, the holders of Outstanding Common Shares and Preferred Shares, voting together as a single class, shall elect the balance of the Directors.

• Except as provided in Section 9.2, ‎Section 9.4, or in any Share Designation, if any, this Agreement may be amended from time to time by the Manager in its sole discretion; provided, however, that such amendment shall also require the affirmative vote or consent of the Manager and the holders of a majority of the then issued and Outstanding Common Shares if such amendment (i) affects the Members disproportionately or (ii) materially and adversely affects the rights of the Members.

• Notwithstanding Section 9.1, any alteration or amendment to this ‎Section 9.2 or Section 5.2 that (i) affects the Members disproportionately or (ii) materially and adversely affects the rights of the Members, will require the affirmative vote or consent of the Manager and the holders of Outstanding Common Shares of the Company representing at least two-thirds of the total votes that may be cast by all such Outstanding Common Shares, voting together as a single class.

• Except as provided in Section 9.2, Section 9.4, or in any Share Designation, if any, this Agreement may be amended from time to time by the Manager in its sole discretion; provided, however, that such amendment shall also require the affirmative vote or consent of the Manager and the holders of a majority of the then issued and Outstanding Common Shares if such amendment (i) affects the Members disproportionately or (ii) materially and adversely affects the rights of the Members.

More Definitions of Outstanding Common Shares

Outstanding Common Shares has the meaning set forth in Section 2.08.

Outstanding Common Shares means, as of the date of determination, all outstanding Common Shares.

Outstanding Common Shares means, at any time, the number of Common Shares issued and outstanding at the relevant time as reflected on the share register of the Company.

Outstanding Common Shares means, as of any time, all issued and outstanding shares of Common Stock as of such date, except shares then owned or held by or for the account of the Corporation or any subsidiary thereof. Outstanding Common Shares shall not include any shares issuable upon exercise, conversion or exchange of any Series B Shares or other Rights or Convertible Securities or issuable in payment of any dividend or other distribution which has been declared but not actually paid, nor any other shares which have not actually been issued.

Outstanding Common Shares at any time shall mean the then outstanding common shares of Northeast Utilities.

Outstanding Common Shares means at a given time the total number of issued and outstanding Common Shares, excluding, for greater certainty, for the purposes of determining the total number of Common Shares issued and outstanding, any and all Common Shares issuable pursuant to the any outstanding stock options, warrants or other rights.

Outstanding Common Shares means, as of any time, all issued and outstanding shares of Common Stock as of such time, except shares then owned or held by or for the account of the Corporation or any subsidiary thereof. Outstanding Common Shares shall not include any shares issuable upon exercise, conversion or exchange of any Rights or Convertible Securities or the Series B Preferred Stock or issuable in payment of any dividend or other distribution which has been declared but not actually paid, nor any other shares which have not actually been issued.