Fully Diluted Common Shares definition

Fully Diluted Common Shares means, at any time, the then outstanding Common Shares of the Company plus (without duplication) all Common Shares issuable, whether at such time or upon the passage of time or the occurrence of future events, upon the exercise, conversion or exchange of all then-outstanding Common Share Equivalents.

Fully Diluted Common Shares means, at any time of determination, then outstanding shares of Common Stock plus, without duplication, all shares of Common Stock issuable, whether at such time or upon the passage of time or the occurrence of future events, upon the conversion, exercise or exchange of all then outstanding Common Stock Equivalents.

Fully Diluted Common Shares means, as of any date, (a) the aggregate number of shares of Common Stock issued and outstanding (which, for the avoidance of doubt, includes the aggregate number of shares of Company Restricted Stock, but shall not include Excluded Shares) immediately prior to the Effective Time plus (b) the aggregate number of In-the-Money Company Options determined as of such date.

Examples of Fully Diluted Common Shares in a sentence

• Notwithstanding the foregoing, the FP Stockholder Representative shall not take any action or exercise any power to the extent that the holders of the majority of the Fully Diluted Common Shares held by FP and its Permitted Transferees shall have voted to prevent the Stockholder Representative from taking such action or exercising such power.

• The entity appointed as the FP Stockholder Representative may be replaced at any time and from time to time by the vote of a majority of the Fully Diluted Common Shares held by FP and its Permitted Transferees.

• Such statement shall include a statement of the then current total amount of Fully Diluted Common Shares and the total amount of Fully Diluted Common Shares issued after the Closing Date.

• The adjusted number of Warrant Shares shall be a number equal to the number of Warrant Shares issuable upon exercise of this Warrant immediately prior to such record date multiplied by a fraction (i) the numerator of which is the number of Fully Diluted Common Shares outstanding immediately after such event, and (ii) the denominator of which is the number of Fully Diluted Common Shares outstanding immediately prior to such event.

• Upon consummation of the Third Closing (assuming repayment of the Sanmina Notes entirely in Series B Preferred Stock), Purchasers shall collectively own Series B Preferred Stock convertible into 54.94% of the Fully Diluted Common Shares of the Company.

More Definitions of Fully Diluted Common Shares

Fully Diluted Common Shares means, as of the time of determination, all issued and outstanding common shares of the Borrower and all common shares of the Borrower issuable upon conversion or exercise of any outstanding rights, options, warrants or other securities convertible into or exercisable for common shares, including, without limitation, the Series B Preferred Shares.

Fully Diluted Common Shares means all of the issued and outstanding Common Shares, assuming the conversion, exercise or exchange of all outstanding Common Shares Equivalents.

Fully Diluted Common Shares means all of the issued and outstanding Common Shares, assuming the conversion, exercise or exchange of all outstanding Common Share Equivalents.

Fully Diluted Common Shares means as of any date, without duplication, a number of Common Shares equal to the sum of (a) the number of Common Shares issued and outstanding as of such date, (b) the number of Common Shares for or into which the issued and outstanding Exchangeable Units as of such date are exchangeable or convertible, whether or not then convertible or exchangeable, and (c) the number of Common Shares for or into which any right or security (other than an unvested right or security) that is as of such date exercisable for, convertible into or exchangeable for Common Shares is exercisable for, convertible into or exchangeable for upon exercise, conversion or exchange, with the number of such Common Shares for or into which any such right or security is exercisable for, convertible into or exchangeable for upon such exercise, conversion or exchange calculated in accordance with the treasury stock method, as reasonably determined by the Company consistent with its past practice (or, prior to such past practice being established, the past practice of Telesat Canada).

Fully Diluted Common Shares means the shares of Common Stock issued and outstanding immediately prior to the Effective Time, assuming the exercise of all of the Options (as defined below) outstanding immediately prior to the Effective Time and the issuance of all of the shares of Common Stock issuable in respect thereof.

Fully Diluted Common Shares means, without duplication, at the Effective Time: (i) the aggregate number of shares of Company Common Stock issued and outstanding; plus (ii) the aggregate number of shares of Company Common Stock issuable upon the conversion or exercise of all Security Rights issued and outstanding, (whether or not then exercisable) and the Company Convertible Note.

Fully Diluted Common Shares means the sum of (a) the number of shares of Company Common Stock issued and outstanding immediately prior to the Effective Time, plus (b) the number of shares of Company Common Stock issuable upon exercise of all Vested Company Options outstanding immediately prior to the Effective Time (but after giving effect to the Effective Time for purposes of determining whether the Company Options are Vested Company Options).