Specified Number of Shares definition

Specified Number of Shares has the meaning ascribed thereto in Section 1.1(vv)(ii) hereof.
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Specified Number of Shares means zero (0), but such amount shall automatically increase to Four Hundred Ninety-Nine (499) of the fully paid and nonaccessable shares of Common Stock without further action in the event Holder shall not have received evidence satisfactory in all respects to the Holder that True North Energy Corporation shall have acquired all of the Assets (as defined in that Purchase and Sale Agreement to be entered into on or about October 1, 2007 among Angel LLC, CN Energy LLC, Xxxxxxx Energy Company, LLC, Fuel Exploration, LLC, MHBR Energy, LLC, Rocky Mountain Rig LLC and True North Energy Corporation) on terms reasonably acceptable to the Holder on or prior to January 18, 2008.
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Specified Number of Shares as defined in the recitals hereto.
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Examples of Specified Number of Shares in a sentence

  • Purchaser covenants and agrees that, subject to the terms and conditions of this Agreement, including but not limited to the Offer Conditions, it will accept for payment and pay for up to the Specified Number of Shares (in accordance with the proration provisions of Section 1.1(b), if necessary) as soon as practicable after it is permitted to do so under applicable law, subject to the prior satisfaction of the Offer Conditions.

  • The obligation of Purchaser to accept for payment the Specified Number of Shares tendered pursuant to the Offer shall be subject to the condition (the "Minimum Condition") that at least 6.5 million Shares (representing approximately 81% of the outstanding Company Common Stock as of the date of this Agreement) shall have been validly tendered and not withdrawn prior to the expiration of the Offer, and also shall be subject to the satisfaction of the other Offer Conditions.

  • The proceeds of the Term Loans shall be used to finance the acquisition by the Borrower of the Specified Number of Shares pursuant to the Tender Offer.

  • The aggregate proceeds of the Financing will be sufficient to acquire the Specified Number of Shares in the Offer (as amended pursuant to Section 1(a) hereof) and to pay the Exchange Cash in the Axiohm Exchange.

  • Subject to the terms and conditions set forth herein, the Company grants to the Purchaser an option to purchase up to the Specified Number of Shares at the Applicable Price (the "OPTION") on one or more Closing Dates as described below by giving notice to the Company at any time or times during the Option Period referred to in Section 6 below.

  • The Company by a resolution of its Board of Directors passed on 26th March, 2003 and a committee of its Board of Directors passed on 16th May, 2003 has determined to create and issue up to 50,000,000 Warrants, each of which will entitle the holder thereof to subscribe for the Specified Number of Shares in the Company at the then applicable Subscription Price.

  • THIS IS TO CERTIFY THAT [ ] is/are the registered holder(s) of [ ] warrants (WARRANTS) of Marconi Corporation plc (the COMPANY) each entitling the holder(s) thereof to subscribe during the Subscription Period for the Specified Number of Shares at the applicable Subscription Price in force on the relevant Exercise Date, all as defined in and in accordance with the Conditions set out in Schedule 2 to the Deed Poll referred to below.

  • The Company hereby grants to each Investor, the right of first refusal to purchase up to the Specified Number of Shares (as defined in this Section 3) of New Securities (as defined in this Section 3) which the Company may, from time to time, propose to issue and sell.

  • Each Warrant entitles its holder to subscribe for the Specified Number of Shares at the then applicable Subscription Price.

  • Settlement Date Specified Number of Shares (maximum) Limit Price $ Fee/Commission $ Floor Price (Adjustable by Company): $____ per share.


More Definitions of Specified Number of Shares

Specified Number of Shares means, if Separate Valuation is specified as applicable in the applicable Pricing Supplement, the number specified as such in the applicable Pricing Supplement. The number of different Shares comprising the Basket shall be equal at any time to the Specified Number of Shares.
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Specified Number of Shares as defined in the recitals hereto. "Specified Change of Control": a "change of control" shall occur as defined in the Senior Note Indenture, as amended, supplemented or otherwise modified from time to time.
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Specified Number of Shares shall have the meaning set forth in Section 3(a) hereof.
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Specified Number of Shares means (i) with respect to Seagate, a number of shares of the Company's Voting Stock (as defined in Section 1 above) which results in Seagate owning, following such purchase, not more than 19.9% of the Company's outstanding Voting
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Specified Number of Shares shall have the meaning set forth in Section 2.1(d)(vi).
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Related to Specified Number of Shares

  • Maximum Number of Shares is defined in Section 2.1.4.

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

  • Specified Number means the number of Public Sources specified in the applicable Terms or, if a number is not so specified, two.

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

  • Applicable Stock Price means, in respect of a Conversion Date, the average of the Closing Sale Prices per share of Common Stock over the five-Trading Day period starting the third Trading Day following such Conversion Date.

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

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

  • 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.

  • 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.

  • 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.

  • VWAP Purchase Share Percentage means, with respect to any particular VWAP Purchase Notice pursuant to Section 1(c) hereof, the percentage set forth in the VWAP Purchase Notice which the Buyer will be required to buy as a specified percentage of the aggregate shares traded on the Principal Market during normal trading hours up to the VWAP Purchase Share Volume Maximum on the VWAP Purchase Date subject to Section 1(c) hereof but in no event shall this percentage exceed thirty percent (30%) of such VWAP Purchase Date’s share trading volume of the Common Stock on the Principal Market during normal trading hours.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Ordinary Shares Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Ordinary Shares, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Ordinary Shares.

  • Per Share Amount has the meaning set forth in Section 2.01(e)(iii).

  • Fully Diluted Share Number means the aggregate sum of: (i) the number of shares of Company Common Stock issued and outstanding immediately prior to the Effective Time; (ii) the number of shares of Company Common Stock issuable upon the voluntary conversion of all of the shares of Company Preferred Stock issued and outstanding immediately prior to the Effective Time into Company Common Stock and (iii) the number of shares of Company Common Stock issuable upon exercise of all Stock Options.

  • Fully Adjusted Regular Purchase Share Limit means, with respect to any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction from and after the date of this Agreement, the Regular Purchase Share Limit (as defined in Section 2(a) hereof) in effect on the applicable date of determination, after giving effect to the full proportionate adjustment thereto made pursuant to Section 2(a) hereof for or in respect of such reorganization, recapitalization, non-cash dividend, stock split or other similar transaction.

  • Permitted Number means one (1) unless otherwise indicated under a valid license (e.g. volume license) granted by Investintech or agreed to in writing by Investintech.

  • Common Stock Price means, as of a particular date, the average of the Fair Market Value of one share of Common Stock over the fifteen (15) consecutive trading days ending on, and including, such date (or, if such date is not a trading day, the most recent trading day immediately preceding such date); provided, however, that if such date is the date upon which a Transactional Change of Control occurs, the Common Stock Price as of such date shall be equal to the fair value, as determined by the Committee, of the total consideration paid or payable in the transaction resulting in the Transactional Change of Control for one share of Common Stock.

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.

  • 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.

  • Specified Shares means all or, as the case may be, some of the shares specified in a disclosure notice;

  • Per Share Price shall have the meaning set forth in Section 2.1.

  • VWAP means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading Market, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if OTCQB or OTCQX is not a Trading Market, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock are then reported on the Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, or (d) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith by the holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company.

  • Exercise Price Per Share ; hereinafter "Exercise Price" means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).

  • Warrant Share Number means at any time the aggregate number of shares of Warrant Stock which may at such time be purchased upon exercise of this Warrant, after giving effect to all prior adjustments and increases to such number made or required to be made under the terms hereof.

  • Common Share Price means the volume weighted average per share trading price of the Common Shares on the TSX for the 10 consecutive Trading Day period ending on the Trading Day immediately before the occurrence of a Trigger Event, or if the Common Shares are not then listed on the TSX, the principal stock exchange on which the Common Shares are then listed or quoted (being the stock exchange with the greatest volume of trading in the Common Shares during the previous six months), or if such shares are not listed or quoted on any stock exchange, or if no such trading prices are available, the Floor Price.