Examples of Authorized shares in a sentence

Authorized shares The Company’s authorized capital stock consists of an unlimited number of common shares and an unlimited number of preferred shares without nominal or par value.
The Company has also reduced the total Authorized shares from 5,000,000,000 to 50,000,000.
Authorized shares" means the shares of all classes that a domestic or foreign corporation is authorized to issue.[PL 2001, c.
Authorized shares Common sharesAuthorized common share capital consists of an unlimited number of common shares, with an issue price per share to be not less than $5 and redeemable in the amount of consideration received for the share.
As used in this chapter, unless the context otherwise requires: 2 (1) "Articles of incorporation" includes the original articles of incorporation and all3 amendments thereto, and includes articles of merger or consolidation;4 (2) "Authorized shares" means the aggregate number of shares of stock of all classes,5 whether with or without par value, which the corporation is authorized to issue.

More Definitions of Authorized shares

Authorized shares means the shares of all classes a domestic or foreign corporation is

Authorized shares means the aggregate number of shares of stock of all classes,

Authorized shares means the shares of all classes that a domestic

Authorized shares means the shares of all classes that a bank is authorized to issue.

Authorized shares means the shares of all classes a domestic or foreign

Authorized shares means the maximum aggregate number of shares of Common Stock specified in Section 4(a) as being authorized for issuance and sale under Options granted pursuant to the Plan, subject to adjustment thereof in accordance with Section 12.

Authorized shares means the shares of all classes which the corporation is