Applicable Shares definition

Applicable Shares means, as of each Valuation Date, the sum of (i) all issued and outstanding shares of New Common Stock on such Valuation Date (including, for the avoidance of doubt, any shares of New Common Stock issued in connection with a CVR Share Distribution) plus (ii) the aggregate number of shares of New Common Stock issuable by the Company assuming all outstanding and in-the-money warrants and options (whether vested or unvested) and any other security convertible into or exerciseable or exchangeable for shares of New Common Stock (other than CVRs and shares of New Common Stock distributable in respect thereof) were converted, exercised or exchanged, as applicable, in full on such Valuation Date by paying the strike prices (if any) of such warrants, options and other securities in cash.

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Applicable Shares means (i) the total number of issued and outstanding Company Shares transferred to Purchaser under Clause 3.1(d) of the Plan of Arrangement, including the Company Shares issued to holders of Company RSUs under Clause 3.1(c) of the Plan of Arrangement, plus (ii) the total number of Dissent Shares transferred to Purchaser under Clause 3.1(a) of the Plan of Arrangement.

Applicable Shares means all Shares that are Beneficially Owned by Shareholder Group or that become Beneficially Owned by Shareholder Group prior to the Termination Date (in each case, including all Shares Beneficially Owned by ECS and/or the Owners in their individual capacities).

Examples of Applicable Shares in a sentence

• Revolving Loans shall be made by the Lenders pro rata in accordance with their Applicable Shares.

• The amount of interest payable to the Holder is a function of stock price increases, if any, times this number of Applicable Shares, subject to the Maximum Interest and the Minimum Interest, as set forth below.

• Y is the greater of (a) the closing bid price of the Company’s common stock on the Interest Date or (b) the average closing bid price for Common Stock on the five trading days immediately prior to the Interest Date; Y1 is the pricing used for the preceding Interest Date or other applicable prior pricing Interest Date and Z is the number of Applicable Shares.

• However, the number of shares for the Company to repurchase the Note, remains constant, equal to the Applicable Shares, which, if paid in stock, at the election of the Company, would be at a 25% discount.

• If the share price doubles, then the Holder should double its money, earning, as interest, an amount equal to the stock price increase on the Applicable Shares, in addition to being repaid the amount of the Note.

More Definitions of Applicable Shares

Applicable Shares shall have the meaning set forth in the Charter.

Applicable Shares. “Specified Transferee” and “Transfer” shall have the respective meanings ascribed to such terms in the Stockholders Agreement, a copy of which has been provided to Employee.

Applicable Shares means the Subscription Shares (as adjusted for any sub-division or consolidation of Shares), together with any Shares or other securities issued or received after the Completion Date and attributable to and derived from such Subscription Shares.

Applicable Shares means shares in the Company other than:

Applicable Shares has the meaning given in Section 6(a).

Applicable Shares means the same class of shares (Common Stock or Class B Stock, as the case may be) to which the Rights were originally attached, except that if such Rights were originally attached to shares of Class B Stock which are subsequently converted into Common Stock, Applicable Shares in respect of such Rights shall be shares of Common Stock.

Applicable Shares means (i) the total number of issued and outstanding Common Shares transferred to AcquisitionCo under Clause 3.1(d) of the Plan of Arrangement, including the Common Shares issued to holders of RSUs under Clause 3.1(c) of the Plan of Arrangement, plus (ii) the total number of Dissent Shares transferred to Purchaser under Clause 3.1(a) of the Plan of Arrangement;