Antidilution Shares definition

Antidilution Shares means a number of shares of Class B Stock equal to two percent (2%) of the number of shares of Common Stock that the Corporation may issue from time to time, excluding the Incentive Shares and the Over-allotment Shares.
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Antidilution Shares means, on any date on which such calculation is required (a “Calculation Date”), the number of shares resulting from (A) the excess over 537,242 in the number of shares of Common Stock issued and issuable on conversion of the Convertible Notes (based, as to issuable shares, on the conversion price of the Convertible Notes on such Calculation Date), multiplied by (B) 1.041, then divided by 47,182,301.”
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Antidilution Shares means the shares of Common Stock issuable upon the exercise of the Antidilution Warrants (as such term is defined in Section 7.6).
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Examples of Antidilution Shares in a sentence

  • The REGENTS will not be required to pay any additional consideration for the Shares or any Antidilution Shares (as defined below).

  • The LICENSEE’s representations will reflect the LICENSEE’s authority to issue Antidilution Shares.

  • Notwithstanding anything to the contrary in the LICENSEE’s Bylaws (as amended from time to time) or other LICENSEE agreement, the REGENTS and its nominee will be free to transfer Shares and any Antidilution Shares to its inventors of the intellectual property licensed under the AGREEMENT pursuant to the REGENTS’ Patent Policy.

  • Restrictions: Customary 180 day lockup on the Shares and any Antidilution Shares (excluding securities acquired in or following the IPO) following the LICENSEE’s initial public offering, if requested by the managing underwriter and provided, all officers, directors and greater than 1% stockholders are subject to similar lockups.

  • The Licensee’s representations will reflect the Licensee’s authority to issue Antidilution Shares.

  • The Licensee will not be required to pay any additional consideration for the Shares or any Antidilution Shares (as defined below).

  • Observer Rights: So long as the REGENTS owns Shares or Antidilution Shares (or any securities issued upon exchange thereof), the LICENSEE will permit a representative of The REGENTS to attend (whether in person, via telephone, teleconference or otherwise) all meetings of the LICENSEE’s Board of Directors and committees thereof in a non-voting, observer capacity.

  • The Regents Shares and Antidilution Shares will not be subject to any drag along or similar voting obligations upon any Licensee corporate transactions, such as a merger, stock or asset sale, financing transaction, etc.

  • So long as the REGENTS owns Shares or Antidilution Shares (or any securities issued upon exchange thereof) of the LICENSEE, the LICENSEE will provide the REGENTS and/or its Assignee with financial statements and capitalization information of the LICENSEE on a quarterly basis.

  • Subject to the terms and conditions hereof, the Corporation agrees to issue and sell to Purchaser, and Purchaser agrees to subscribe for and purchase from the Corporation, the Initial Shares and the Antidilution Shares in exchange for the Purchase Price paid by Purchaser simultaneously with the execution hereof or through prior advances of cash as described in Article I above.


More Definitions of Antidilution Shares

Antidilution Shares means, on any date on which such calculation is required (a “Calculation Date”), the number of shares resulting from (A) the excess over 537,242 in the number of shares of Common Stock issued and issuable on conversion of the Convertible Notes (based, as to issuable shares, on the conversion price of the Convertible Notes on such Calculation Date), multiplied by (B) 1.041, then divided by 47,182,301.” A new clause shall be added to Section I of the Certificate of Designation, immediately after the definition of Common Stock, reading in its entirety as follows:
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Antidilution Shares means a number of shares of Class A Common Stock equal to the Adjustment Factor, less the total number of shares of Class A Common Stock outstanding immediately prior to the Third Party Issuance.
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Antidilution Shares means additional shares of Common Stock that may become issuable in accordance with the terms of any securities of the Company outstanding as of the Closing Date solely as a result of the transactions contemplated by the Purchase Agreement.
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Related to Antidilution Shares

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.

  • Conversion Stock means shares of Common Stock issued upon conversion of the Preferred Stock.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Additional Shares shall have the meaning specified in Section 14.03(a).

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Warrant Stock means Common Stock issuable upon exercise of any Warrant or Warrants or otherwise issuable pursuant to any Warrant or Warrants.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Common Shares means the common shares in the capital of the Corporation;

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series A Shares means the Company’s Series A Preferred Stock, par value $0.01 per share.

  • Series B Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series B, of the Company.

  • Exchange Shares has the meaning set forth in Section 2.01(b).

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 per share.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.