Number of Available Shares definition

Number of Available Shares means, as of any time of determination, the excess, if any, of the Principal Stock Exchange Maximum Number of Shares as of such time over the Maximum Number of Conversion Shares as of such time.
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Number of Available Shares means, with respect to each Redemption Date, that number of Textura Shares which is equal to one-third (1/3) of the aggregate of (i) the number of Closing Textura Shares issued pursuant to Section 2.1(b)(iii); (ii) plus the number of Holdback Textura Shares issued in the name of Seller and delivered to Escrow Holder in accordance with the terms of Section 2.1(b)(iv) less such number of shares, if any, which have been transferred to a Purchaser Indemnified Party prior to such Redemption Date as a result of indemnification claims in accordance with Section 6.1(a)(i) or Section 6.1(b)(i).
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Number of Available Shares means the number of Shares not apportioned by prior applications of the procedures described therein. Apportionment to each such holder them shall be based on the ratio of (i) the sum of the number of Shares purchased through the Basic Subscription Privilege and through the Employee Subscription Privilege by that holder, divided by (ii) the sum of the number of Shares purchased through the Basic Subscription Privilege and through the Employee Subscription Privilege by all such holders; provided however, that if the number of Shares so apportioned to any holder exceeds the number of Shares subscribed for by that holder's exercise of Oversubscription Privileges, then the excess shall not be apportioned, and that holder shall thereafter not be apportioned any additional Shares should there be further applications of this procedure. This procedure shall be repeated until either (i) the Number of Available Shares is zero, or (ii) a sufficient number of Shares has been apportioned to all holders to satisfy all of their exercised Oversubscription Privileges, whichever occurs first.
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Examples of Number of Available Shares in a sentence

  • In order to prevent dilution of the rights granted hereunder, the Price Per Share and the Number of Available Shares shall be subject to adjustment from time to time in accordance with this Article IV.

  • To the extent not theretofore exercised, the Price Per Share and the Number of Available Shares will be subject to appropriate decrease or increase, as the case may be, if the Company at any time after the date hereof either (i) declares any dividend or distribution payable in shares of Common Stock or in securities directly or indirectly convertible into or exchangeable for shares of Common Stock, or (ii) subdivides or combines outstanding shares of Common Stock.

  • If the Notes remain outstanding for a period of more than 180 days from the Closing Date, then the Purchasers shall be granted additional non-registered Warrants to purchase a "Number of Available Shares" equal to five percent (5%) of the principal amount of the respective Purchasers Note (that is, each Purchaser will receive Warrants to purchase an additional 25,000 shares of the Company's Common Stock).

  • The maximum number of shares of Common Stock that may be issued under the Plan pursuant to Incentive Stock Options may not exceed, in the aggregate, the Remaining Number of Available Shares.


More Definitions of Number of Available Shares

Number of Available Shares means _____ shares of Common Stock. The Number of Available Shares shall be subject to adjustment as provided in Article IV hereof.
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Number of Available Shares equal to five percent (5%) of the principal amount of the respective Purchasers Note (that is, each Purchaser will receive Warrants to purchase an additional 25,000 shares of the Company's Common Stock). The "Additional Warrant Exercise Price" will be equal to the lesser of (a) eighty percent (80.0%) of the average closing price for the Company's Common Stock as reported in The Wall Street Journal during the last five consecutive trading days of such 180 day period or (b) the
Sample 1
Number of Available Shares means the number of Shares not apportioned by prior applications of the procedures described therein. Apportionment to each such holder them shall be based on the ratio of (i) the number of Shares purchased through the Basic Subscription Privilege by that holder, divided by (ii) the number of Shares purchased through the Basic Subscription Privilege by all such holders; PROVIDED HOWEVER, that if the number of Shares so apportioned to any holder exceeds the number of Shares subscribed for by that holder's exercise of Oversubscription Privileges, then the excess shall not be apportioned, and that holder shall thereafter not be apportioned any additional Shares should there be further applications of this procedure. This procedure shall be repeated until either (i) the Number of Available Shares is zero, or (ii) a sufficient number of Shares has been apportioned to all holders to satisfy all of their exercised Oversubscription Privileges, whichever occurs first.
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Number of Available Shares means the number of shares of Common Stock that the Holder is entitled to purchase under this Warrant. Initially, the Number of Available Shares will be equal to 25,000 shares. The Number of Available Shares will be subject to adjustment as provided in Article IV.
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Related to Number of Available Shares

  • Other Available Shares means, as of any date, the sum of:

  • Available Shares means the sum of (i) one hundred fifty thousand (150,000) shares of Common Stock, and (ii) an annual increase on April 1st of each calendar year, beginning in 2022 and ending in 2031 (each a “Date of Determination”), in each case subject to the approval and determination of the Administrator on or prior to the applicable Date of Determination, equal to the lesser of (A) four percent (4%) of the total shares of Common Stock of the Company outstanding on the last day of the immediately preceding fiscal year and (B) such smaller number of shares as determined by the Administrator (the “Share Limit”). Notwithstanding the foregoing, shares added to the Available Shares by the Share Limit are available for issuance as Incentive Stock Options only to the extent that making such shares available for issuance as Incentive Stock Options would not cause any Incentive Stock Option to cease to qualify as such. In the event that the Administrator shall not take action to affirmatively approve an increase in the Share Limit on or prior to the applicable Date of Determination, the Share Limit and Available Shares, shall remain at such level as they were prior to such applicable Date of Determination. For clarity, the Available Shares is a limitation on the number of shares of Common Stock that may be issued pursuant to the Plan.

  • Number of Shares As of any date, the product of (i) the Number of Options, (ii) the Conversion Rate and (iii) the Applicable Percentage.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Number of Options For each Component, as provided in Annex A to this Confirmation.6 Option Entitlement: One Share Per Option Strike Price: USD [_____] Cap Price: USD [_____]; provided that in no event shall the Cap Price be reduced to an amount less than the Strike Price in connection with any adjustment by the Calculation Agent under this Confirmation.

  • Number of Warrants means, for a Warrant Certificate, the “Number of Warrants” specified on the face of such Warrant Certificate (or, in the case of a Global Warrant, on Schedule A to such Warrant Certificate), subject to adjustment pursuant to Article 5.

  • Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.

  • Applicable Share Limit means a number of Shares equal to (A) the minimum number of Shares that could give rise to reporting or registration obligations or other requirements (including obtaining prior approval from any person or entity) of a Dealer Person, or could result in an adverse effect on a Dealer Person, under any Applicable Restriction, as determined by Dealer in its reasonable discretion, minus (B) 1% of the number of Shares outstanding.

  • Maximum Available Amount means, on any date of determination, an amount equal to the lesser of:

  • Total Available Amount With respect to any Distribution Date, the sum of the Available Interest and the Available Principal for such Distribution Date and the amount of all cash or other immediately available funds on deposit in the Reserve Account immediately prior to such Distribution Date.

  • Maximum Number of Shares is defined in Section 2.1.4.

  • Total Available Funds shall have the meaning set forth in Section 5.7(a).

  • Applicable Stock means (i) the Company’s presently authorized series of preferred stock specified in the introductory paragraph of this Warrant, (ii) after the conversion of all of the outstanding shares of such series of preferred stock into Common Stock, either automatically or by vote of the requisite holders thereof, the Company’s Common Stock, and (iii) upon any conversion, exchange, reclassification or change, any security into which the securities described in clauses (i) or (ii) of this definition may be converted, exchanged, reclassified or otherwise changed.

  • Available RP Capacity Amount means (i) the amount of Restricted Payments that may be made at the time of determination pursuant to Sections 7.06(d), (g), (h) and (l) minus (ii) the sum of the amount of the Available RP Capacity Amount utilized by the Borrower or any Restricted Subsidiary to (A) make Restricted Payments in reliance on Sections 7.06 (g), (h) or (l), (B) incur Liens pursuant to Section 7.01(bb), (C) make Investments pursuant to Section 7.02(n), (D) incur Indebtedness pursuant to Section 7.03(y) and (E) make prepayments, redemptions, purchases, defeasances and other payments in respect of Junior Financings prior to their scheduled maturity utilizing the Available RP Capacity Amount pursuant to Section 7.13 plus (iii) the aggregate principal amount of Indebtedness prepaid prior to or substantially concurrently at such time, solely to the extent such Indebtedness (A) was secured by Liens pursuant to Section 7.01(bb) or (B) was incurred pursuant to Section 7.03(y) and not secured pursuant to Section 7.01(bb) (it being understood that the amount under this clause (iii) shall only be available for use under Sections 7.01(bb) and/or 7.03(y), as applicable).

  • Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $50,000,000, minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of this Agreement.

  • Available Securities means the securities of the Funds that are available for Loans pursuant to Section 3.

  • Maximum Share Amount shall have the meaning set forth in Section 2.01(c).

  • Share Reserve means the number of shares available for issuance under the Plan as set forth in Section 2(a).

  • Share Dilution Amount means the increase in the number of diluted shares outstanding (determined in accordance with GAAP applied on a consistent basis, and as measured from the date of the Issuer’s most recent consolidated financial statements prior to the Signing Date) resulting from the grant, vesting or exercise of equity-based compensation to employees and equitably adjusted for any stock split, stock dividend, reverse stock split, reclassification or similar transaction.

  • Available Equity Amount means a cumulative amount equal to (without duplication):

  • Pre-Funded Warrant Shares means the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants.

  • Total Shares means (without double-counting), as of a particular date of determination, the algebraic sum of: (A) the Initial Shares, plus (B) the Additional Shares, minus (C) all Buyback Shares repurchased or redeemed between the Effective Date and such date of determination.