Adjusted Number of Shares definition

Adjusted Number of Shares and "Adjusted Purchase Price" have the respective meanings set forth in Section 11.1.3 hereof.
Adjusted Number of Shares shall have the meaning set forth in Section 11(a)(iii).
Adjusted Number of Shares shall have the meaning given the term in Section 11(a)(iii) of this Agreement.

Examples of Adjusted Number of Shares in a sentence

  • The Adjusted Number of Shares shall be rounded down to the nearest whole Common Share.

  • Adjusted Number of Shares = Number of Common Shares required to satisfy the exercise of an Option prior to adjustment × Ratio of share split/ consolidation The Company shall promptly notify the Grantee in writing of the Adjusted Number of Shares in the event of a share split or share consolidation by the Company.

  • Adjusted Number of Shares Granted = the number of shares granted before the adjustment x the face value per share before the stock split or merger / the face value per share after the stock split or merger.

  • Section 11(a)(ii) Adjusted Number of Shares.................................

  • Section 11(a)(ii) Adjusted Number of Shares..................................


More Definitions of Adjusted Number of Shares

Adjusted Number of Shares shall be equal to that number of (or fractions of) Common Shares (and/or capital stock equivalents) equal to the product of (x) the number of Adjustment Shares and (y) a fraction, the numerator of which is the number of Common Shares (and/or capital stock equivalents) available for issuance upon exercise of the Rights and the denominator of which is the aggregate number of Adjustment Shares otherwise issuable upon exercise in full of all Rights (assuming there were a sufficient number of Common Shares available) (such fraction being referred to as the ("Proration Factor"). The "Adjusted Purchase Price" shall mean the product of the Purchase Price and the Proration Factor. The Board of Directors may, but shall not be required to, establish procedures to allocate the right to receive Common Shares and capital stock equivalents upon exercise of the Rights among holders of Rights.
Adjusted Number of Shares means that number of (or fractions of) Common Shares (and/or capital stock equivalents) equal to the product of (X) the number of Adjustment Shares and (Y) a fraction, the numerator of which is the number of Common Shares (and/or capital stock equivalents) available for issuance upon exercise of the Rights and the denominator of which is the aggregate number of Adjustment Shares otherwise issuable upon exercise in full of all Rights (assuming there were a sufficient number of Common Shares available) (such fraction being referred to as the "Proration Factor"). The "Adjusted Purchase Price" shall mean the product of the Purchase Price and the Proration Factor. The Board may, but shall not be required to, establish procedures to allocate the right to receive Common Shares and capital stock equivalents upon exercise of the Rights among holders of Rights.
Adjusted Number of Shares means a number of Shares (rounded up to the next whole share) equal to: (x) the Coverage Amount then in effect, divided by (y) the Next Round Price.
Adjusted Number of Shares shall have the meaning given the term in SECTION 11(a)(iii) of this Agreement.
Adjusted Number of Shares means that number of (or fractions of) shares of Common Stock (or Capital Stock Equivalents) equal to the product of (x) the number of Adjustment Shares and (y) a fraction, the numerator of which is the number of shares of Common Stock (or Capital Stock Equivalents) available for issuance upon exercise of the Rights, and the denominator of which is the total number of Adjustment Shares otherwise issuable upon exercise in full of all Rights (assuming there were a sufficient number of shares of Common Stock available) (such fraction being referred to as the "PRORATION FACTOR"). "ADJUSTED PURCHASE PRICE" means the product of the Purchase Price and the Proration Factor. The Board may, but shall not be required to, establish procedures to allocate the right to receive shares of Common Stock and Capital Stock Equivalents upon exercise of the Rights among holders of Rights.
Adjusted Number of Shares means, subject to adjustment as described in Section 3.7, as of the Exercise Date, that number set forth in the chart below corresponding to the Current Market Price of the Common Stock of the Company on such date: -13- --------------------------------------------------------------------------- If the Current Market Price on the The Adjusted Number of Shares First Day of the Exercise Period is: Shall be: --------------------------------------------------------------------------- Less than or equal to $3.00 [Holder's Pro Rated Share of] 6,000,000 --------------------------------------------------------------------------- $3.01 to $3.50 (inclusive) 5,000,000 ---------------------------------------------------------------------------
Adjusted Number of Shares means