Examples of Adjusted Outstanding Shares in a sentence
As used in this Agreement (including the Tender Offer Conditions), the term “Minimum Condition” means the condition that the Company Shares validly tendered in accordance with the terms of the Offer and not withdrawn, together with any Company Shares then owned by Parent and/or Purchaser, constitute a majority of the Adjusted Outstanding Shares.
As of October 8, 2002, such directors and executive officers held in the aggregate 81,985 shares of Starbase common stock, which represented approximately 0.94% of Starbase’s Adjusted Outstanding Shares as of such date.
The actual number of shares of Starbase common stock that are required to be tendered to satisfy the Minimum Condition will depend upon the actual number of Adjusted Outstanding Shares prior to the Expiration Date.
Stock options issued under the New Stock Option Plan will be issued, if at all, following the purchase of shares of Starbase common stock in the Offer, and thus will not be included in Adjusted Outstanding Shares or otherwise count toward the satisfaction of the Minimum Condition.
The "TCI Ventures Group Common Stock Per Share Value" shall mean the quotient obtained by dividing the TCI Ventures Group Private Market Value by the Adjusted Outstanding Shares of TCI Ventures Group Common Stock, provided that if such Appraiser(s) do not agree on the determinations provided for in this subparagraph (iv), the TCI Ventures Group Common Stock Per Share Value shall be the average of the quotients so obtained on the basis of the respective determinations of such firms.