Permitted Shares are shares of Company Common Stock to be delivered to pay the exercise price of the option (the "Delivered Shares"):
Permitted Shares means that number of (i) Shares and (ii) Common Stock issued or issuable upon any stock split, dividend or other distribution, recapitalization or similar event with respect to the foregoing that the Commission permits the Company to register for resale, issued by the Company to Hercules from time to time.
Permitted Shares means (i) Warrant Shares; (ii) Shares issued or issuable on conversion or exercise of Convertible Securities or Options outstanding on the date hereof and set forth on Schedule A hereto; and (iii) Reserved Employee Shares.
Examples of Permitted Shares in a sentence
Be permitted to require each selling Holder to furnish to the Company (i) a certified statement as to the number of shares of Common Stock beneficially owned by such Holder, (ii) if required by the Commission, the person thereof that has voting and dispositive control over the Permitted Shares and (iii) any further information required by the Commission.
A Registration Default under clause (i) above shall be cured on the date that the Registration Statement is filed with the SEC and a Registration Default under clause (ii) above shall be cured on the date that the Registration Statement covering the Permitted Shares is declared effective by the SEC or is otherwise usable.
More Definitions of Permitted Shares
Permitted Shares means (i) Warrant Shares, (ii) Shares issued or issuable on conversion or exercise of Convertible Securities or options or warrants outstanding on the Closing Date, and (iii) all warrants issued concurrently herewith issued by the Company to _______ and dated as of April __, 2007.
Permitted Shares means 2,561,293 shares of Voting Common Stock of the Company which number shall increase to include the number of shares of Common Stock into which the Class B-1 Common Stock is convertible, once the Class B-1 Common Stock is converted (as adjusted for stock dividends, splits, recombinations and the like).
Permitted Shares means (i) Warrant Shares (ii) Shares issued or issuable on conversion or exercise of Convertible Securities or options or warrants issued or outstanding on the Closing Date and (iii) up to 8,799,998 Shares that may be issued to officers, directors, employees and consultants of the Company pursuant to such plans or agreements that the Board of Directors of the Company shall determine.
Permitted Shares means 1,933,346 shares of Common Stock of the Company (as adjusted for stock dividends, splits, recombinations and the like).
Permitted Shares means 3,306,792 shares of Common Stock, which number shall increase to include the number of shares of Common Stock into which the Class B- I Common Stock and the Series B Preferred Stock is convertible, once the Class B-I Common Stock and the Series B Preferred Stock is converted (as adjusted for stock dividends, splits, recombinations and the like); provided, however, until the Company consummates or if the Company does not consummate the transactions contemplated by the Smittybilt Investment Agreement, 3,306,792 shall be replaced by 3,149,080 in this Section 4.1
Permitted Shares means a number of Petrie Block Shares equal to the lesser of (x) 4,000,000 shares and (y) the number of Petrie Block Shares in excess of which would interfere with the ability of the parties hereto to consummate the transactions contemplated hereby in a manner such that the consummation of the Petrie Stock Transfer, the Acquisition and the Dissolution will not give rise to the recognition of taxable income or gain to the Buyer, the Seller or any Subsidiary for Federal income tax purposes.
Permitted Shares means (i) Warrant Shares and (ii) Convertible Securities (and any Shares underlying such Convertible Securities) issued with the prior written consent of the Majority Holders.