Outstanding Common Shares definition

Outstanding Common Shares means, as of immediately prior to the Effective Time, the aggregate number of shares of Common Stock issued and outstanding.

Outstanding Common Shares means, as of any time, all issued and outstanding shares of Common Stock as of such date, except shares then owned or held by or for the account of the Corporation or any subsidiary thereof. Outstanding Common Shares shall not include any shares issuable upon exercise, conversion or exchange of any Series B Shares or other Rights or Convertible Securities or issuable in payment of any dividend or other distribution which has been declared but not actually paid, nor any other shares which have not actually been issued.

Outstanding Common Shares means, at any time, the number of Common Shares issued and outstanding on a non-diluted basis at such time; and

Examples of Outstanding Common Shares in a sentence

• Any dilution to the Percentage of Outstanding Common Shares resulting from the issuance of Top-Up Securities during a fiscal quarter of the Company shall be disregarded for purposes of determining, prior to the later of (i) the expiration of the Top-Up Right Notice Period and (ii) if Altria submits a Top-Up Notice Acceptance, the sale of such Top-Up Securities to Altria, the Percentage of Outstanding Common Shares pursuant to this Agreement.

• Subject to Section 2.1(d), for so long as the Percentage of Outstanding Common Shares is at least forty percent, the Holder shall have the right to designate the lowest number of Altria Nominees that constitutes a majority of the total number of directors comprising the Company Board.

• At least one Altria Nominee shall be Independent as long as (i) the Holder has the right to designate at least three Altria Nominees pursuant to Section 2.1(b)(ii) and (ii) the Percentage of Outstanding Common Shares does not exceed fifty percent.

• If at any time the Percentage of Outstanding Common Shares ceases to be at least ten percent, the Company shall, subject to Section 4.4, use its commercially reasonable efforts to consult in good faith with Altria prior to taking action with respect to the matters set forth in Section 2.2(a), but Altria shall have no right to approve or deny approval of such matters.

• Except as otherwise provided in this Agreement or as otherwise required by law, the affirmative vote of the holders of not less than a majority of the Common Shares then Outstanding shall be required for all such other matters as the Manager, in its sole discretion, determines shall require the approval of the holders of the Outstanding Common Shares.

More Definitions of Outstanding Common Shares

Outstanding Common Shares means all shares of Common Stock then outstanding and all shares of Common Stock issuable upon conversion of all convertible securities then outstanding and upon exercise of warrants and options then outstanding.

Outstanding Common Shares has the meaning set forth in Section 2.7(c).

Outstanding Common Shares means, as of the date of determination, all outstanding Common Shares.

Outstanding Common Shares means, at any time, the number of Common Shares issued and outstanding at the relevant time as reflected on the share register of the Company.

Outstanding Common Shares at any time shall mean the then outstanding common shares of Northeast Utilities.

Outstanding Common Shares means at a given time the total number of issued and outstanding Common Shares, excluding, for greater certainty, for the purposes of determining the total number of Common Shares issued and outstanding, any and all Common Shares issuable pursuant to the any outstanding stock options, warrants or other rights.

Outstanding Common Shares means the issued and outstanding Common Shares;