Share Authorization definition

Share Authorization means the maximum number of Shares available for grant under the Plan, as described in Section 3.
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Share Authorization. ’ means the maximum number of Shares available for issuance to Participants under this Plan as set forth in Article 4.
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Share Authorization means the maximum number of Shares available for issuance to Participants under this Plan as set forth in Section 4.1 of this Plan.
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Examples of Share Authorization in a sentence

  • As soon as practicable after the 20% Approval and the Share Authorization Increase Approval, the Company agrees to use its best efforts to reserve 25,000,000 shares of Common Stock for issuance under this Agreement.

  • As soon as practicable after the 20% Approval and the Share Authorization Increase Approval, the Company agrees to use its best efforts to reserve 10,000,000 shares of Common Stock for issuance under this Agreement.

  • The Company covenants and agrees that upon the Exercise of this Warrant, other than in the event of a Share Authorization Failure, if any, all Exercise Shares shall be duly and validly issued, fully paid and nonassessable and not subject to preemptive rights, rights of first refusal or similar rights of any Person.

  • Any shares of Common Stock withheld to satisfy tax withholding obligations on an Award, shares of Common Stock withheld to pay the exercise price of an Option, and shares of Common Stock subject to a broker-assisted cashless exercise of an Option shall reduce the Share Authorization.

  • As soon as practicable after the 20% Approval and the Share Authorization Increase Approval, the Company agrees to use its best efforts to reserve 15,000,000 shares of Common Stock for issuance under this Agreement.

  • A Share Authorization Failure occurs under Section 7 hereof, and such Share Authorization Failure remains uncured for a period of more than twenty (20) days.

  • As soon as practicable after the 20% Approval and the Share Authorization Increase Approval, the Company agrees to use its best efforts to reserve 20,000,000 shares of Common Stock for issuance under this Agreement.

  • As soon as practicable after the 20% Approval and the Share Authorization Increase Approval, the Company agrees to use its best efforts to reserve 35,000,000 shares of Common Stock for issuance under this Agreement.

  • Upon the Share Authorization, the Conversion Shares issuable upon conversion of the Convertible Debentures will be duly authorized and reserved for issuance.

  • In the event a Purchaser holds both shares of Preferred Stock and Warrants at a time when there exists a Share Authorization Failure, such Purchaser (or its permitted assigns) shall have the right to re-allocate any available shares reserved for such issuances among the Conversion Shares and Warrant Shares by notice to the Company.


More Definitions of Share Authorization

Share Authorization has the meaning set forth in Schedule I.
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Share Authorization means the authorization of a Certificate of Amendment of the Certificate of Incorporation of the Borrower increasing the authorized Common Stock such that the Borrower shall have increased its authorized shares available for issuance by 225,000,000 and the filing of such Certificate of Amendment with the Secretary of State of Delaware.
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Related to Share Authorization

  • Service Authorization means that Open Ecosystem Partner needs to meet specific qualification requirements for the products included in a “Service” Product Family that Open Ecosystem Partner wants to promote and offer Services for as set out in detail in the Open Ecosystem Program Guide.

  • Private Authorizations means all franchises, permits, licenses, approvals, consents and other authorizations of all Persons (other than Governmental Authorities).

  • Sell Authorization means that Partner needs to meet specific training and qualification requirements for the products included in an “On Premise” Product Family that Partner wants to resell as set out in detail in the PartnerEdge Program Guide and the applicable RSPI.

  • Company Authorizations shall have the meaning assigned to it in Section 2.17.

  • Authorizations means all filings, recordings, and registrations with, and all validations or exemptions, approvals, orders, authorizations, consents, franchises, licenses, certificates, and permits from, any Governmental Authority.