Common use of Share Calculations Clause in Contracts

Share Calculations. In calculations of share numbers, (i) references to a “fully diluted basis” mean that the calculation is to be made assuming that all outstanding options, warrants and other Equity Securities convertible into or exercisable or exchangeable for Ordinary Shares (whether or not by their terms then currently convertible, exercisable or exchangeable), have been so converted, exercised or exchanged, and (ii) references to a “non-diluted basis” mean that the calculation is to be made taking into account only Ordinary Shares then in issue.

Appears in 4 contracts

Samples: Shareholders’ Agreement, Shareholders’ Agreement (China Sunergy Co., Ltd.), Subscription Agreement (China Sunergy Co., Ltd.)

AutoNDA by SimpleDocs

Share Calculations. In calculations of share numbers, (i) references to a "fully diluted basis" mean that the calculation is to be made assuming that all outstanding options, warrants and other Equity Securities convertible into or exercisable or exchangeable for Ordinary Shares Share Equivalents (whether or not by their terms then currently convertible, exercisable or exchangeable), have been so converted, exercised or exchanged, exchanged and (ii) references to a "non-diluted basis" mean that the calculation is to be made taking into account only Ordinary Equity Shares then in issue.

Appears in 2 contracts

Samples: Registration Rights Agreement (Satyam Infoway LTD), Registration Rights Agreement (Satyam Infoway LTD)

Share Calculations. In calculations of share numbers, (i) references to a "fully diluted basis" mean that the calculation is to be made assuming that all outstanding options, warrants and other Equity Securities convertible into or exercisable or exchangeable for Ordinary Shares Share Equivalents (whether or not by their terms then currently convertible, exercisable or exchangeable), have been so converted, exercised or exchanged, and the transactions contemplated by the Buyback Agreement is completed and (ii) references to a "non-diluted basis" mean that the calculation is to be made taking into account only Ordinary Equity Shares then in issue.

Appears in 2 contracts

Samples: Subscription Agreement (Satyam Infoway LTD), Subscription Agreement (Satyam Infoway LTD)

AutoNDA by SimpleDocs

Share Calculations. In calculations of share numbers, (i) references to a “fully diluted basis” mean that the calculation is to be made assuming that all outstanding options, warrants and other Equity Securities convertible into or exercisable or exchangeable for Ordinary Shares Common Stock (whether or not by their terms then currently convertible, exercisable or exchangeable), have been so converted, exercised or exchanged, exchanged and (ii) references to a “non-diluted basis” mean that the calculation is to be made taking into account only Ordinary Shares Common Stock then in issue.

Appears in 1 contract

Samples: Securities Purchase Agreement (Yongye International, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.