Share Quantity definition

Share Quantity means the Holder’s Pro Rata Portion of 4.25% of the Common Stock Deemed Outstanding at the Share Determination Time.
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Share Quantity means 4,445,000; provided, that (i) if more than 18,000,000 shares of Company Common Stock are validly tendered (and not withdrawn) as of the expiration of the Offer, then Share Quantity shall mean the sum of (x) 4,445,000, plus (y) the difference between 18,000,000 and the actual number of shares of Company Common Stock that are validly tendered (and not withdrawn) as of the expiration of the Offer, and (ii) if less than 16,500,000 shares of Company Common Stock are validly tendered (and not withdrawn) as of the expiration of the Offer, then Share Quantity shall mean, at the option of the Purchaser, either (A) 4,445,000, or (B) that number of shares of the Company Common Stock that would have to be newly issued by the Company to the Purchaser pursuant to the Sale Transaction in order to represent, on a Fully-Diluted Basis and determined after giving pro forma effect to the consummation of the Contemplated Transactions, up to 53.4% of the shares of Company Common Stock.
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Examples of Share Quantity in a sentence

  • In the event Surge should use any other transfer agent during the time it owes any obligations hereunder, Surge shall immediately notify such successor transfer agent(s) of the terms of the Interim Agreement and this Agreement, and furnish irrevocable instructions to such successor transfer agent(s) to increase the number of Reserve Shares to the Increased Reserved Share Quantity and to issue shares to AltCorp and/or its designee on a monthly basis consistent with the terms set forth herein.

  • On the terms and subject to the conditions set forth in this Agreement, the Company agrees to issue and sell, and the Purchaser agrees to purchase, that number of shares of Company Common Stock equal to the Share Quantity (the “Purchased Shares”) at the Closing upon payment of the Purchase Price in accordance with Section 1.2.