Common use of Outstanding Share Capital Clause in Contracts

Outstanding Share Capital. As of the date hereof, Buyer has no more than 559,000,000 (five-hundred-fifty-nine million) FM Ordinary Shares issued and outstanding. At no time prior to April 30, 2007 (without taking account the Initial Share Consideration) shall Buyer have more than 570,000,000 (Five-Hundred-seventy Million) FM Ordinary Shares issued and outstanding on a fully diluted and converted basis, excluding (i) any issuance of stock options pursuant to the employee stock option plans disclosed in the Buyer SEC Documents, (ii) any FM Ordinary Shares to be issued upon the vesting of any options issued by Buyer and (iii) any FM Ordinary Shares to be issued to Total Team Investments Limited in connection with Buyer’s acquisition of Framedia.

Appears in 2 contracts

Samples: Share Purchase Agreement (Focus Media Holding LTD), Share Purchase Agreement (Focus Media Holding LTD)

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Outstanding Share Capital. As of the date hereof, Buyer has no more than 559,000,000 (five-hundred-fifty-nine million) 400,463,003 FM Ordinary Shares issued and outstanding. At no time As of the Closing Date, immediately prior to April 30, 2007 (without taking account the Initial issuance of the Share Consideration) , Buyer shall Buyer have no more than 570,000,000 (Five-Hundred-seventy Million) 425,463,003 FM Ordinary Shares issued and outstanding on a fully diluted and converted basis, excluding (i) any FM Ordinary shares that may be issued in the Follow-On Offering, (ii) any issuance of stock options pursuant to the employee stock option plans disclosed in the Buyer SEC Documents, (iiiii) any FM Ordinary Shares to be issued upon the vesting of any options issued by Buyer and (iiiiv) any up to 400,000 FM Ordinary Shares to be issued to Total Team Investments Infoachieve Limited in connection with Buyer’s acquisition of Framediapursuant to the Share Purchase Agreement entered into between Buyer and Infoachieve Limited on October 15, 2005.

Appears in 2 contracts

Samples: Share Purchase Agreement (Focus Media Holding LTD), Share Purchase Agreement (Focus Media Holding LTD)

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Outstanding Share Capital. As of the date hereof, Buyer has no more than 559,000,000 (five-hundred-fifty-nine million) 400,463,003 FM Ordinary Shares issued and outstanding. At no time As of the Closing Date, immediately prior to April 30, 2007 (without taking account the Initial issuance of the Share Consideration) , Buyer shall Buyer have no more than 570,000,000 (Five-Hundred-seventy Million) 425,463,003 FM Ordinary Shares issued and outstanding on a fully diluted and converted basis, excluding (i) any FM Ordinary shares that may be issued in the Follow-On Offering, (ii) any issuance of stock options pursuant to the employee stock option plans disclosed in the Buyer SEC Documents, (iiiii) any FM Ordinary Shares to be issued upon the vesting of any options issued by Buyer and (iiiiv) any up 36 <PAGE> to 400,000 FM Ordinary Shares to be issued to Total Team Investments Infoachieve Limited in connection with Buyer’s acquisition of Framediapursuant to the Share Purchase Agreement entered into between Buyer and Infoachieve Limited on October 15, 2005.

Appears in 1 contract

Samples: Share Purchase Agreement

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