Dilutive Transaction definition
Dilutive Transaction has the meaning specified in Section 12.01(a).
Dilutive Transaction means a transaction in which the Joint Venture Company issues Shares and a JV Party does not purchase 100% of the Shares that such JV Party would be entitled to purchase with respect to such transaction as a result of fully exercising its pre-emptive right with respect to the issuance of the Shares; provided, however, that such transaction shall not be a Dilutive Transaction if neither JV Party exercises any of its pre-emptive rights with respect to such issuance of Shares.
Dilutive Transaction means any issuance by the Company after the Closing Date of Shares (or Share Purchase Rights or Convertible Securities that would permit the purchase of Shares) for a consideration less than the then Fair Value per Share. Notwithstanding the foregoing, the issuance of Excluded Shares shall not be considered a “Dilutive Transaction”.
Examples of Dilutive Transaction in a sentence
The issuance of Common Shares upon the settlement of the purchase contracts forming part of the equity security units issued in the ESU Offering is deemed to be a Dilutive Transaction.
For the avoidance of doubt, the issuance of Common Shares upon the settlement of the Purchase Contracts forming part of the Units is deemed to be a Dilutive Transaction.
For the avoidance of doubt, the issuance of Common Shares upon the settlement of the Purchase Contracts forming part of the ESUs is deemed to be a Dilutive Transaction.
Because the per unit price for the new investment is less than $0.50, the proposed investment would be a Dilutive Transaction.
Had the Dilutive Transaction been at $0.50 per share, 1,000,000 shares would have been issued to the new investor ($500,000 divided by $0.50) and 26,323,031 aggregate shares would have been outstanding (25,323,031 plus 1,000,000).
More Definitions of Dilutive Transaction
Dilutive Transaction means any transaction (other than Exempt Transactions) where the Corporation does any of the following, based on a Per Share Price which is less than the Non-Dilutive Price:
Dilutive Transaction means any transaction (other than Exempt Transactions) where the Company does any of the following, based on a Per Share Price which is less than the Non-Dilutive Price:
Dilutive Transaction means an Asset Acquisition or Merger, as defined herein, by the Buyer that would result in a reduction of the Percentage Interest.
Dilutive Transaction means any issuance by the Company (exclusive of issuances and transactions with current employees) after the Closing Date of shares of Common Stock (or Stock Purchase Rights or Convertible Securities that would permit the purchase of Common Stock) for a consideration less than the greater of (i) the Exercise Price per share then in effect or (ii) the then Fair Value per share. Within twenty (20) days after the receipt of such a notice, (i) the Company shall issue to the holder of this Warrant, for no additional consideration, additional warrants to acquire, at an exercise price equal to the proposed sale price of the shares being issued, a number of shares of Common Stock equal to the number of shares then being issued by the Company multiplied by such holder's percentage of the then total number of outstanding shares of Common Stock represented by the then outstanding Warrant and (ii) the holder of issued Warrant Shares shall have the right (but not the obligation) to inform the Company in writing that such holder elects to have issued to it, at the price equal to the proposed sale price of the other shares then being issued, a number of shares of Common Stock equal to the number of other shares then being issued multiplied by the percentage of the total number of outstanding shares of Common Stock represented by the issued warrant shares then held by the holder.
Dilutive Transaction shall have the meaning specified in Section 3.4(c).
Dilutive Transaction means any transaction (other than Exempt Transactions) effected on or after the date hereof, including but not limited to transactions pursuant to or in connection with the Membership Purchase Agreement between the Company, Pivotal Research Centers, L.L.C., and other parties dated April 30, 2004, in which the Company does any of the following, based on a Per Share Price which is less than the Non-Dilutive Price: (i) issues or sells any Common Stock or any Common Stock Equivalents; (ii) issues or sells any options, warrants or other rights to purchase or otherwise acquire any Common Stock or any Common
Dilutive Transaction means any proposed transaction or securities offering involving the issuance by the Company of Company Common Stock at a price less than 20% of the Parent Common Stock Price (as defined in the Merger Agreement) that would result in the reduction of the number of shares of Company Common Stock held by the Shareholder as of the date of the proposed transaction or offering by more than 50%.