Authorized Share Increase definition

Authorized Share Increase means an increase in the number of shares of Common Stock that the Corporation is authorized to issue under the Articles of Incorporation that is effected pursuant to an amendment to such Articles of Incorporation that has been duly approved and become effective under the NRS.

Authorized Share Increase means an increase in the number of shares of Common Stock that the Corporation is authorized to issue under the Articles of Incorporation that is effected pursuant to an amendment to such articles of incorporation that has been duly approved and become effective under the NRS.

Authorized Share Increase means the amendment or amendment and restatement of the Company's Certificate of Incorporation to increase the number of its authorized shares of Common Stock from 300,000,000 to at least 1,000,000,000 and up to 1,500,000,000, as may be determined by the Company.

Examples of Authorized Share Increase in a sentence

• The Company covenants that, from and after the Authorized Share Increase Date, during the period the Warrant is outstanding, it will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of the Warrant Shares upon the exercise of any purchase rights under this Warrant.

• The Company has reserved from its duly authorized capital stock the maximum number of Shares issuable pursuant to this Agreement and, on the Authorized Share Increase Date, shall reserve from its duly authorized capital stock the maximum number of Warrant Shares issuable pursuant to the Warrants.

• The Company covenants that, following the Authorized Share Increase Date and during the period the Warrant is outstanding, it will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of the Warrant Shares upon the exercise of any purchase rights under this Warrant.

• This Warrant shall not be exercisable until the Authorized Share Increase Date.

• The Securities are duly authorized, or in the case of the Warrant Shares, will be on the Authorized Share Increase Date, and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company.

More Definitions of Authorized Share Increase

Authorized Share Increase has the meaning set forth on Schedule II.

Authorized Share Increase shall have the meaning ascribed to it in the Recitals.

Authorized Share Increase means an increase in the aggregate number of shares of capital stock and the number of shares of Common Stock the Company has authority to issue to allow for issuance of the Common Warrant Shares (assuming the Warrants are exercisable for Common Stock and are exercisable in full without regard to any exercise limitations therein) and/or Conversion Shares (assuming the shares of Preferred Stock are convertible in full without regard to any conversion limitations in the Certificate of Designations).

Authorized Share Increase means the approval of an amendment to the Company's Certificate of Incorporation, as amended to date, to be presented to the stockholders of the Company at the Company's next annual or special stockholders meeting, increasing the authorized shares of the Common Stock to 900,000,000 shares.

Authorized Share Increase means a valid increase of the Company’s authorized shares of Common Stock to not less than [_____] shares, effected by an amendment to the Company’s Certificate of Incorporation duly adopted and approved by the Board of Directors and the requisite vote of the Company’s stockholders.

Authorized Share Increase means the approval by the Company’s stockholders of an amendment to the Company’s certificate of incorporation to increase the number of authorized shares of Common Stock as described in the Offering Memorandum, dated December 12, 2006, setting forth information regarding the offering of the Securities.

Authorized Share Increase means the Parent’s authorization of shares of Parent Common Stock of not less than 1,000,000,000.