Examples of Common Share Number in a sentence
Notwithstanding any other provisions of this Section 9, until the date of payment of a Series B Dividend, the Company shall not be required to make any adjustment to the Common Share Number unless such adjustment (plus any adjustments not previously made by reason of this Section (F)) would require an increase or decrease of at least one percent (1%) in the Common Share Number.
The increase shall be determined by dividing the total dollar amount of the discount on all shares of Common Stock sold or subject to issuance at a price below the Market Price on the Calculation Date (determined as if the maximum number of shares of Common Stock into which such securities are convertible, exercisable or exchangeable are issued or sold) by the Total Market Capitalization (as hereinafter defined), and then multiplying the quotient by the Common Share Number.
Whenever one or more adjustments to the Common Share Number are required by the provisions of this Section 9, the Company shall forthwith place on file with the Secretary of the Company, a statement stating the adjustment.
Promptly after each adjustment, the Company shall mail, by first-class mail, postage prepaid, a notice thereof to each holder of Series B Preferred Stock containing a brief description of the transaction causing such adjustment and the resulting Common Share Number.
For each Dividend Period, Series B Dividends shall be paid by the issuance of .0175 of a share of Common Stock per $1.00 in Series B Stated Amount of Series B Preferred Stock, subject to adjustment as provided in Section 9 (the aggregate number of shares of Common Stock so issuable on a Dividend Payment Date, as so adjusted, being called the "Common Share Number").
All Company Common Shares received pursuant to this Section 2.7 shall be converted into the Merger Consideration, as described in Section 2.4, upon the Merger, and included in the Fully Diluted Common Share Number.
Stock options outstanding for the Company were as follows, with each stock option exercisable to acquire one Common Share: Number of Weighted-averageOptions Expiry Date exercise price 700,000 29.
Details of issued and fully paid share capital are as follows: Common Share Number of shares premium shares Baht (discount) Total Million Million Baht Million Baht MillionAt 1 January 201524,607.93 246,079.28 (110,563.60) 135,515.68- Par value reduction In May and June 2016, the Company received Baht 59,948.80 million (net of issuance costs) from an issuance of new 8,391.18 million shares by right offering at the exercise price of Baht 7.15 per share.
AXT shall take all necessary corporate action to reserve for issuance from the Aggregate AXT Common Share Number a sufficient number of shares of AXT Common Stock for delivery upon exercise of Lyte Optronics Options or exercise or conversion of such Lyte Optronics Warrant assumed in accordance with this Section 2.7(b).
This inertia, moreover, appears to be driven by low-skill unemployment rates (see Table 2).