Examples of Base Number of Shares in a sentence
In satisfaction of the foregoing requirement, the Company shall reduce the Base Number of Shares otherwise distributable upon exercise of the SAR or any portion thereof by the number of Shares having an aggregate Fair Market Value equal to the total minimum statutory amount of applicable tax required to be withheld or deducted as a result of such exercise.
On the Trade Date, Counterparty will pledge a quantity of Shares equal to the Base Number of Shares on the Trade Date to CSFB Capital in accordance with Section 10 of the Agreement.
Throughout the term of the Transaction the Counterparty shall maintain a number of Shares in the Collateral Account equal to the Base Number of Shares, as adjusted.
Moreover, the number of shares described in the column “Minimum Number to Be Acquired” above is two-thirds (2/3) of the Base Number of Shares (which is 6,131,238 shares) rounding up the shares less than one (1) unit (100 shares).
The number of shares described in the column “Number to Be Acquired” above, as the maximum number of share certificates and other securities of the Target to be acquired by the Tender Offeror through the Tender Offer, is the Base Number of Shares (9,196,857 shares).