Total Share Amount definition
Examples of Total Share Amount in a sentence
If the Total Share Amount is required to be reduced pursuant to the first sentence of this Section 2.2(b)(i), such reduction shall be applied first by reducing Buyer Preferred Stock otherwise issuable.
If the Total Share Amount is required to be reduced pursuant to the first sentence of this Section 2.2(d), such reduction shall be applied first by reducing Buyer Preferred Stock otherwise issuable.
Pursuant to the terms of this Agreement, the parties agree that, at the Effective Time, the Assigned Merger Proceeds assigned to Spyglass shall be applied to the satisfaction on behalf of the Management Participant of all or a portion of the Total Share Amount as the case may require.
Each payment made pursuant to the two immediately preceding sentences shall be distributed to the Shareholders and Optionholders pro rata in proportion to their percentage ownership of the Total Share Amount.
Prior to the Effective Time, the Parent shall (i) transfer to the Exchange Agent via wire transfer of immediately available funds, cash in an amount equal to the Closing Payment Amount and (ii) direct its transfer agent to deposit with the Exchange Agent, as promptly as practicable, the number of shares of Parent Common Stock equal to the Stockholder Percentage of the Stock Election Total Share Amount.
The Company has granted Optionee an Option to purchase up to that number of Shares (the "Total Share Amount") equal to the product of (A) seven percent (7%) multiplied by (B) the Outstanding Share Amount (as defined below) at any time outstanding through and including a Financing Event (as defined in the Employment Agreement).
Total Exercise Price shall equal the Total Share Amount multiplied by $3.52.
Each payment made pursuant to the immediately preceding sentence shall be distributed to the Shareholders and Optionholders pro rata in proportion to their percentage ownership of the Total Share Amount.