FBR Shares definition

FBR Shares means the shares of Common Stock payable to FBR Capital Markets & Co. as a portion of the initial purchaser’s discount and placement fee.
Sample 1Sample 2Sample 3
FBR Shares. The 226,933 shares of Common Stock issued to FBR, or its designees, pursuant to and in accordance with the Purchase Agreement.
Sample 1

Examples of FBR Shares in a sentence

  • Subject to Section 13, including, but not limited to, adjustments pursuant to Section 13, the aggregate number of shares of Stock in respect of which Awards may be granted under the Plan is equal to 10% of the Common Stock outstanding from time to time (excluding Founder Shares and FBR Shares), but in no event greater than 5,750,000 shares of Stock (the “ Reserved Shares”).

  • The FBR Shares, upon the effectiveness of the Registration Statement and receipt by the Company of the exercise price therefor as specified in the resolutions of the Board of Directors and the FBR Warrant, will be validly issued, fully paid and nonassessable.

  • It is the intention of the parties that as soon as practicable after the Closing, Vitrix shall be merged into FBR or a wholly-owned subsidiary of FBR, with any remaining outstanding shares of Vitrix converted in such merger to FBR Shares on the same basis as if such Vitrix shares were exchanged hereunder.

  • The FBR Shares to be delivered to the Shareholders pursuant to this Agreement, when issued in accordance with the provisions of this Agreement, will be duly authorized, validly issued, fully paid and non-assessable and will not have been issued in violation of any preemptive right of any shareholder.

  • The purpose of this Agreement is to provide for the acquisition by FBR of at least ninety percent (90%) of the capital stock of Vitrix outstanding at the Closing (defined in paragraph 4.2 hereof) in exchange for the issuance to the Shareholders, of a certain number of shares of the Common Stock, $.005 par value, of FBR and of a specified number of shares of the Series B Convertible Preferred Stock of FBR (together, "FBR Shares") in accordance with the provisions of this Agreement.

  • Each Shareholder is acquiring the FBR Shares to be issued to him or it for his or its own account and not with a view to the resale or distribution thereof and with no present intention of distributing the same or selling the same for distribution.

  • The Shares, other than the FBR Shares and the Barceló Shares covered above, have been validly issued and are fully paid and nonassessable.

  • If the Representatives and FBR so elect, delivery of the Initial Shares and the FBR Shares may be made by credit through full fast transfer to the accounts at the Depository Trust Company designated by the Representatives and FBR, as applicable.

  • For the purpose of determining the number of FBR Shares to be issued to the Vitrix Shareholders in this transaction, no effect is given to capital stock issuable upon the exercise of the currently outstanding and unexercised stock purchase warrants or options of either FBR or of Vitrix.

  • As used in this Agreement, the following terms have the following meanings: Additional Shares: Shares or FBR Shares (as defined below) or other securities issued in respect of the Shares or FBR Shares by reason of or in connection with any stock dividend, stock distribution, stock split, or similar issuance.

Related to FBR Shares

  • Investor Shares shall have the meaning given in the Recitals hereto.

  • Unit Shares means the Common Shares comprising part of the Units;

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

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

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

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

  • Sponsor Shares shall have the meaning given in the Recitals hereto.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

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

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

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

  • Acquired Shares has the meaning set forth in the Recitals.

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

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

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

  • Sold Shares shall have the meaning specified in Section 6.

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Issued Shares means, collectively, all outstanding Shares issued pursuant to Restricted Stock Awards, all outstanding Shares issued pursuant to Unrestricted Stock Awards, and all Option Shares.

  • Offering Shares means the shares of Common Stock issued to the Purchasers pursuant to the Subscription Agreements, and any shares of Common Stock issued or issuable with respect to such shares upon any stock split, dividend or other distribution, recapitalization or similar event with respect to the foregoing.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.