Overissue definition
Overissue means the purported issuance of:
Overissue means the purported issuance of any of the
Overissue means the issue of securities in excess of any maximum number of securities that the issuer is authorized by its articles or a trust indenture to issue; (“émission excédentaire”)
Examples of Overissue in a sentence
NS1-1085 for 500,000 shares, all endorsed in blank by ▇▇▇▇▇ and with Medallion guaranty stamp affixed, and ▇▇▇▇ shall forthwith thereafter deliver to ▇▇▇▇▇ a share certificate representing 14,290,000 shares of ▇▇▇▇ common stock, made out in favor of ▇▇▇▇▇, and a written recognition that ▇▇▇▇▇ has remaining Overissue Claims equivalent to 1,241,400 shares of common stock.
More Definitions of Overissue
Overissue means the issue of securities in excess of the amount that the issuer is authorized to issue;
Overissue means the purported issuance of (a) shares of capital stock of a class or series in excess of the number of shares of such class or series the corporation has the power to issue under § 161 of this title at the time of such issuance, or (b) shares of any class or series of capital stock that is not then authorized for issuance by the certificate of incorporation of the corporation;
Overissue means the purported issuance of (a) shares of
Overissue means the issue of securities in excess of the amount the issuer has corporate power to issue.
Overissue means the issue of securities in excess of the
Overissue means an issuance of shares of a class or series of the corporation that:
Overissue means the purported issuance by a corporation of stock of: