Authorized Share Failure definition

Authorized Share Failure shall have the meaning set forth in Section 9(b).

Authorized Share Failure shall have the meaning set forth in Section 4(c)(vi).

Authorized Share Failure shall have the meaning ascribed to such term in Section 4.8.

Examples of Authorized Share Failure in a sentence

• Without limiting the generality of the foregoing sentence, as soon as practicable after the date of the occurrence of an Authorized Share Failure, but in no event later than sixty (60) days after the occurrence of such Authorized Share Failure, the Company shall hold a meeting of its stockholders for the approval of an increase in the number of authorized shares of Common Stock.

• Without limiting the generality of the foregoing sentence, as soon as practicable after the date of the occurrence of an Authorized Share Failure, but in no event later than ninety (90) days after the occurrence of such Authorized Share Failure, the Company shall hold a meeting of its stockholders for the approval of an increase in the number of authorized shares of Common Stock.

• Notwithstanding the foregoing, if any such time of an Authorized Share Failure, the Company is able to obtain the written consent of a majority of the shares of its issued and outstanding shares of Common Stock to approve the increase in the number of authorized shares of Common Stock, the Company may satisfy this obligation by obtaining such consent and submitting for filing with the SEC an Information Statement on Schedule 14C.

• Without limiting the generality of the foregoing sentence, as soon as practicable after the date of the occurrence of an Authorized Share Failure, but in no event later than ninety (90) days after the occurrence of such Authorized Share Failure, the Company shall hold a meeting of its shareholders for the approval of an increase in the number of authorized shares of Common Stock.

• Without limiting the generality of the foregoing sentence, as soon as practicable after the date of the occurrence of an Authorized Share Failure, but in no event later than 60 days after the occurrence of such Authorized Share Failure, the Company shall hold a meeting of its stockholders for the approval of an increase in the number of authorized shares of Common Stock.

More Definitions of Authorized Share Failure

Authorized Share Failure shall have the meaning given to such term in Section 2(e)(iv).

Authorized Share Failure shall have the meaning set forth in Section 5(a)(xi).

Authorized Share Failure shall have the meaning assigned to it in Section 2(g).

Authorized Share Failure has the meaning specified in the definition of “Equity Conditions.”

Authorized Share Failure has the meaning set forth in Section 3(g).

Authorized Share Failure has the meaning set forth in Section 6(e).

Authorized Share Failure means any failure by the Corporation to deliver to a Holder any Conversion Shares that the Corporation is required to deliver to such Holder pursuant to Section 6(c)(i) by the Share Delivery Date applicable to such conversion..