Putative shares definition

Putative shares means the shares of any class or
Putative shares means the shares of any class or series of the corporation (including shares issuable upon exercise of rights, options, warrants, or other securities con- vertible into shares of the corporation, or interests with respect thereto) that were purportedly created or issued as a result of a defective corporate action, that:
Putative shares means the shares of any class or series of the corporation, including shares issued upon exercise of rights, options, warrants, or other securities convertible into shares of the corporation, or interests with respect to such shares, that were created or issued as a result of a defective corporate action, that (i) but for any failure of authorization would constitute valid shares or (ii) cannot be determined by the board of directors to be valid shares.

More Definitions of Putative shares

Putative shares means the shares of any class or series of the corporation, including shares issued
Putative shares means the shares of any class or series, including shares issued upon exercise of rights, options, warrants or other securities convertible into shares of the corporation, or interests with respect to such shares, that were created or issued as a result of a defective corporate action, and any of the following applies:
Putative shares means the shares of any class or series (including shares issued upon exercise
Putative shares means the shares of any class or series of
Putative shares means the shares of any class or series of the corporation, including shares issued on exercise of options, rights, warrants, or other securities convertible into shares of the corporation, or interests with respect to the shares that were created or issued pursuant to a defective corporate act, that:
Putative shares means the shares of any class or series of the corporation, including shares issued on exercise of options, rights, warrants, or other securities convertible into shares of the corporation, or interests with respect to the shares
Putative shares means the shares of the corporation that were created or issued pursuant to a defective corporate act that would constitute valid shares, if not for a failure of authorization, or cannot be determined by the board of directors to be valid shares.28