Capped Shares definition

Capped Shares has the meaning set forth in Section 407.
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Capped Shares means, as of any date, the Preferred Underlying Shares which cannot be issued upon conversion of Series X Preferred as of such date due to the Exchange Cap.
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Capped Shares means, as of any date, the shares of Common Stock which cannot be issued upon conversion of (a) the Madryn Preferred Shares and (b) the Madryn Convertible Notes as of such date due to the Exchange Cap.
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Examples of Capped Shares in a sentence

  • Notwithstanding the foregoing, until the Company obtains the Stockholder Approval, the aggregate shares of Common Stock the Company may deliver pursuant to this ARTICLE FOUR will be limited to the Capped Shares.

  • If, due to the Company’s failure to timely obtain any Subsequent Singapore Stockholder Approval, the Company is prohibited from issuing Ordinary Shares (the “Capped Shares”), the Company shall pay cash in exchange for the cancellation of such portion of this Note convertible into such Capped Shares at a price equal to the product of (x) such number of Exchange Cap Shares multiplied by (y) the Closing Sale Price on the day before the date that the Holder became entitled to receipt of such shares hereunder.

  • After the Company obtains the Stockholder Approval, the Company will deliver, upon conversion (other than a conversion pursuant to Section 401(b)(2), Common Stock, cash or a combination of cash and Common Stock and the aggregate number of shares the Company may deliver pursuant to this ARTICLE FOUR will no longer be limited to the Capped Shares.

  • No later than December 31, 2024, or such later date as agreed in writing by the Parties, the Company will hold a special meeting of shareholders (the “Shareholder Meeting”), the proxy materials for which shall include, in a form reasonably acceptable to the Lenders, a proposal soliciting the affirmative vote of the Company’s shareholders in favor of resolutions (“Shareholder Resolutions”) to approve the issuance of any and all Capped Shares (the “Shareholder Approval”).

  • No later than February 28, 2025, or such later date as agreed in writing by the Parties, the Company will hold a special meeting of shareholders (the “Shareholder Meeting”), the proxy materials for which shall include, in a form reasonably acceptable to the Lenders, a proposal soliciting the affirmative vote of the Company’s shareholders in favor of resolutions (“Shareholder Resolutions”) to approve the issuance of any and all Capped Shares (the “Shareholder Approval”).

  • Tracking the overall treatment progress of this innovative remedy is accomplished by monitoring decreases in groundwater concentrations of chlorinated hydrocarbons, as shown on Figures 1 and 2, and increases in groundwater concentrations of chloride (generated as a result of reductive dechlorination) and ferrous iron (generated as the nano iron is oxidized), as shown on Figure 3.

  • The Lower Capped Shares and Upper Capped Shares shall be purchased by the Corporation from all the Holders on a pro rata basis as determined based on each Holder’s ownership of Warrants on the date set for such exercise (the “Call Exercise Date”) in accordance with the provisions set out in Section 5.3.

  • In the event such Holder is required to but does not deliver the Clearance Certificate (and cash, if applicable), Trident Exploration shall be entitled to withhold from the payment to such Holder, cash in an amount up to 25% of the Call Purchase Price of the purchased Lower Capped Shares or Upper Capped Shares.


More Definitions of Capped Shares

Capped Shares means, as of any date, the Underlying Shares which cannot be issued upon conversion of Series Y Preferred as of such date due to the Exchange Cap.
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Capped Shares shall have the meaning ascribed to such term in Section 4.14.
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Related to Capped Shares

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Dividend Shares means any shares of Common Stock issuable in lieu of cash dividends paid or to be paid on the Series A Preferred.

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Put Shares means all shares of Common Stock issued, or that the Company shall be entitled to issue, per any applicable Put Notice in accordance with the terms and conditions of this Agreement.

  • Per Share Consideration means (i) if the consideration paid to holders of the Common Stock consists exclusively of cash, the amount of such cash per share of Common Stock, and (ii) in all other cases, the volume weighted average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective date of the applicable event. If any reclassification or reorganization also results in a change in shares of Common Stock covered by subsection 4.1.1, then such adjustment shall be made pursuant to subsection 4.1.1 or Sections 4.2, 4.3 and this Section 4.4. The provisions of this Section 4.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of the Warrant.

  • RSU Shares means shares of Common Stock that underlie an RSU.

  • Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;

  • Converted Shares means the Subject Equity Shares resulting from the conversion of Limited Voting Shares into the Subject Equity Shares pursuant to subparagraph (ii);

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Plan Shares means the total number of Common Shares which may be reserved for issuance as Optioned Shares under the Plan as provided in §2.2;

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Common Shares means the common shares in the capital of the Corporation;

  • Retained Shares has the meaning set forth in the recitals.

  • Bonus Shares means Shares that are awarded to a Grantee without cost and without restrictions in recognition of past performance (whether determined by reference to another employee benefit plan of the Company or otherwise) or as an incentive to become an employee of the Company or a Subsidiary.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Company Shares means the common shares in the capital of the Company;

  • Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions.

  • Earn-Out Shares has the meaning provided in Section 2.2(b).

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.