Stockholder Equity Sample Clauses

Stockholder Equity. Stockholder Equity, measured on a fiscal quarter-end basis, of at least the amount set forth below: ------------------------------------------------------- ------------------------------------------------------- Qtr/Yr Minimum Stockholder Equity ------------------------------------------------------- Q4/1996 $14,100,000 ------------------------------------------------------- Q1/1997 $14,100,000 ------------------------------------------------------- Q2/1997 $14,100,000 ------------------------------------------------------- Q3/1997 $14,100,000 ------------------------------------------------------- Q4/1997 $14,100,000 ------------------------------------------------------- Q1/1998 $13,200,000 ------------------------------------------------------- Q2/1998 $13,200,000 ------------------------------------------------------- Q3/1998 $13,200,000 ------------------------------------------------------- Q4/1998 $13,200,000 ------------------------------------------------------- Q1/1999 $12,700,000 ------------------------------------------------------- (Page 96 of 136 Pages) ------------------------------------------------------- ------------------------------------------------------- Qtr/Yr Minimum Stockholder Equity ------------------------------------------------------- Q2/1999 $12,700,000 ------------------------------------------------------- Q3/1999 $12,700,000 ------------------------------------------------------- Q4/1999 $12,700,000 ------------------------------------------------------- Q1/2000 $12,700,000 ------------------------------------------------------- Q2/2000 $12,700,000 ------------------------------------------------------- Q3/2000 $12,700,000 ------------------------------------------------------- Q4/2000 $12,700,000 ------------------------------------------------------- -------------------------------------------------------
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Stockholder Equity. Parent shall own beneficially or of record at least Two Million (2,000,000) shares of OMC. In addition, Acquisition shall have received additional stockholders' equity equal to the Minimum Equity Requirement, all of the cash portion of which shall have been used to purchase or will be used simultaneously with the initial funding of the Loan to purchase shares of OMC pursuant to the Tender Offer and to pay expenses of the Tender Offer.
Stockholder Equity. Stockholder Equity, measured on a fiscal quarter-end basis, of at least the amount set forth below: Qtr/Yr Minimum Stockholder Equity ------ -------------------------- Q4/1996 $14,100,000 Q1/1997 $14,100,000 Q2/1997 $14,100,000 Q3/1997 $14,100,000 Q4/1997 $14,100,000 Q1/1998 $13,200,000 Q2/1998 $13,200,000 Q3/1998 $13,200,000 Q4/1998 $13,200,000 Q1/1999 $12,700,000 Q2/1999 $12,700,000 Q3/1999 $12,700,000 Q4/1999 $12,700,000 Q1/2000 $12,700,000 Q2/2000 $12,700,000 Q3/2000 $12,700,000 Q4/2000 $12,700,000
Stockholder Equity for Borrower and its Subsidiaries, on a consolidated basis, excluding redeemable common stock and redeemable preferred stock, calculated in accordance with GAAP, shall not be less than Nine Million and No/100 Dollars ($9,000,000.00), and shall increase each year by seventy five percent (75%) of annual net income plus seventy five percent (75%) of net proceeds from common stock equity issues, all calculated in accordance with GAAP.
Stockholder Equity. The total stockholder equity of the Company at the date of Closing calculated in accordance with generally accepted accounting principles (applied on a basis consistent with those applied in connection with the Financial Statements) is not less than the total stockholder equity of the Company as at the date of, and as set forth in the Financial Statements, except for adjustments due to items disclosed herein or through information furnished in writing to Purchaser.
Stockholder Equity. As of the Closing Time, after giving effect to the consummation of the transactions contemplated hereunder W&T's total stockholder equity shall equal at least $180,000,000, calculated without giving effect to any adjustment to the balance sheet of W&T resulting from the change to the accrual method of accounting or the transactions contemplated by the Burlington Agreement. W&T estimates, in good faith, that the reduction in total stockholder equity resulting from the change to the accrual method of accounting for tax purposes will not exceed $$15,000,000 in respect of the next four tax periods.
Stockholder Equity. There is not a viable market for the Company’s common stock to determine its fair value; therefore, management is required to estimate the fair value to be utilized in the determining stock based compensation costs. In estimating the fair value, management considers recent sales of its common stock to independent qualified investors, placement agents’ assessments of the underlying common shares relating to our sale of preferred stock and validation by independent fair value experts. Considerable management judgment is necessary to estimate the fair value. Accordingly, actual results could vary significantly from management’s estimates. Preferred stock The Company is authorized to issue 1,000,000 shares of $0.001 par value preferred stock. As of December 31, 2012 the Company has designated and issued 200 and 184.4 shares of Series A preferred stock, respectively, designated and issued 600 and 177.5 shares of Series B preferred stock, respectively and designated and issued 2,000 and -0- shares of Series C 9% convertible preferred stock. BIOSIG TECHNOLOGIES INC. (A development stage company) NOTES TO THE FINANCIAL STATEMENTS DECEMBER 31, 2012 NOTE 9 – STOCKHOLDER EQUITY Common stock On October 17, 2012, the Company amended its Articles of Incorporation to increase the number of authorized shares of its common stock from 10 million to 50 million shares. As of December 31, 2012 the Company has 8,166,238 shares of common stock issued and outstanding. During the period from February 24, 2009 to December 31, 2009, the Company issued or designated an aggregate of 7,400,000 shares of common stock as payment for services by founders, 4,000,000 and 3,400,000 shares issued during the years ended December 31, 2009 and 2011, respectively ($0.01 per share). During the year ended December 31, 2011, the Company issued an aggregate of 408,113 shares of common stock for services rendered totaling $326,490 ($0.80 per share). During the year ended December 31, 2011, the Company issued an aggregate of 175,000 shares of common stock for future services totally $140,000 ($0.80 per share). During the year ended December 31, 2012, the Company issued an aggregate of 30,000 shares of common stock for future services totally $60,000 ($2.00 per share).
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Stockholder Equity. There is not a viable market for the Company’s common stock to determine its fair value, therefore management is required to estimate the fair value to be utilized in the determining stock based compensation costs. In estimating the fair value, management considers recent sales of its common stock to independent qualified investors, placement agents’ assessments of the underlying common shares relating to our sale of preferred stock and validation by independent fair value experts. Considerable management judgment is necessary to estimate the fair value. Accordingly, actual results could vary significantly from management’s estimates Common stock The Company is authorized to issue 50,000,000 shares of $0.001 par value common stock. As of September 30, 2013 and December 31, 2012, the Company has 8,196,591 and 8,166,238 shares issued and outstanding, respectively. Preferred stock The Company is authorized to issue 1,000,000 shares of $0.001 par value preferred stock. As of September 30, 2013 the Company has designated and issued 200 and 184.4 shares of Series A preferred stock, respectively, designated and issued 600 and 177.5 shares of Series B preferred stock, respectively and designated and issued 4,200 and 2,781 shares of Series C 9% convertible preferred stock.

Related to Stockholder Equity

  • STOCKHOLDERS' EQUITY As at any date of determination, the sum of (a) the capital accounts including common stock and preferred stock, but excluding treasury stock of the Borrower plus (b) the earned surplus and capital surplus of the Borrower (excluding adjustments to translate foreign assets and liabilities for changes in foreign exchange rates made in accordance with Financial Accounting Standards Board Statement No. 52), as determined in accordance with GAAP.

  • Minimum Stockholders’ Equity After the Effective Date, the Borrower will not permit Stockholders’ Equity as of the last day of any fiscal quarter of the Borrower to be less than the sum of (i) $394,077,101 plus (ii) 50% of the aggregate net proceeds of all sales of Equity Interests by the Borrower after the Effective Date.

  • Stockholder Lock-Ups The Company has caused to be delivered to you prior to the date of this Agreement a letter, in the form of Exhibit A hereto (the “Lock-Up Agreement”), from each individual or entity listed on Schedule IV. The Company will enforce the terms of each Lock-Up Agreement and issue stop-transfer instructions to the transfer agent for the Common Stock with respect to any transaction or contemplated transaction that would constitute a breach of or default under the applicable Lock-Up Agreement.

  • Minimum Shareholders’ Equity The Borrower will not permit Shareholders’ Equity at the last day of any fiscal quarter of the Borrower to be less than $500,000,000 plus 25% of the net proceeds of the sale of Equity Interests by the Borrower and its Subsidiaries after the Ninth Amendment Effective Date (other than proceeds of sales of Equity Interests by and among the Borrower and its Subsidiaries).

  • Total Shareholder Return (i) Up to twenty-five percent (25%) of the RSUs granted to the Participant pursuant to this Agreement shall vest, if at all, based upon the Total Shareholder Return for the Company, as compared to the Comparison Companies, for the Performance Period in the manner set forth on Exhibit 1-A hereto.

  • Shareholders’ Equity Permit Gannett’s Total Shareholders’ Equity at any time to be less than $3,500,000,000.

  • Complete Portfolio Holdings From Shareholder Reports Containing a Summary Schedule of Investments; and

  • Stockholder Rights The holder of this option shall not have any stockholder rights with respect to the Option Shares until such person shall have exercised the option, paid the Exercise Price and become a holder of record of the purchased shares.

  • Parent Stockholders’ Meeting (i) Parent will, in accordance with applicable Law and its certificate of incorporation and bylaws, establish a record date for, duly call and give notice of, and use its reasonable best efforts to convene and hold a meeting of holders of capital stock of Parent to consider and vote upon the issuance of Series C Common Stock in connection with the Merger (the “Parent Stockholders Meeting”) as promptly as practicable. Subject to the provisions of Section 6.3, the Parent board of directors shall include the Parent Recommendation in the Joint Proxy Statement/ Prospectus and recommend at the Parent Stockholders Meeting that the holders of capital stock of Parent approve the issuance of the Series C Common Stock in connection with the Merger and shall use its reasonable best efforts to obtain and solicit such approval. Notwithstanding the foregoing, if on a date preceding the date on which or the date on which the Parent Stockholders Meeting is scheduled, Parent reasonably believes that (i) it will not receive proxies representing the Parent Requisite Vote, whether or not a quorum is present, or (ii) it will not have enough shares of Parent Common Stock and Parent Preferred Stock represented to constitute a quorum necessary to conduct the business of the Parent Stockholders Meeting, Parent may postpone or adjourn, or make one or more successive postponements or adjournments of, the Parent Stockholders Meeting as long as the date of the Parent Stockholders Meeting is not postponed or adjourned more than an aggregate of fifteen (15) calendar days in connection with any postponements or adjournments in reliance on the preceding sentence. In addition, notwithstanding the first sentence of this Section 6.5(c), Parent may postpone or adjourn the Parent Stockholders Meeting to allow reasonable additional time for the filing or mailing of any supplemental or amended disclosure that Parent has determined, after consultation with outside legal counsel, is reasonably likely to be required under applicable Law and for such supplemental or amended disclosure to be disseminated and reviewed by stockholders of Parent prior to the Parent Stockholders Meeting.

  • Acquisition Shares The Acquisition Shares when delivered to the Vendor shall be validly issued and outstanding as fully paid and non-assessable shares, subject to the provisions of this Agreement, and the Acquisition Shares shall be transferable upon the books of the Purchaser, in all cases subject to the provisions and restrictions of all applicable securities laws. Non-Merger and Survival

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