FULLY DILUTED OWNERSHIP definition

FULLY DILUTED OWNERSHIP means, as to any Stockholder, his or its aggregate ownership of all equity interests in the Company, including all Options and all other securities exercisable convertible or exchangeable for Common Stock.
FULLY DILUTED OWNERSHIP means, as of any time of determination thereof, the number of shares of common stock outstanding, together with the number of shares of common stock that securityholders have the right to acquire directly or indirectly from Borrower on account of outstanding securities convertible or otherwise exchangeable for common stock, whether or not any such right is currently exercisable; provided that, solely for purposes of calculating Fully Diluted Ownership as set forth herein, with respect to any shares of Preferred Stock issued pursuant to the requirements of this Agreement and the Securities Purchase Agreement that do not convert into shares of common stock by their terms, the number of shares of common stock represented by the liquidation value of such shares of preferred stock shall be considered the number of shares of common stock. For the avoidance of doubt, the calculation of Fully Diluted Ownership of Borrower for the purposes of determining the Applicable Percentage in connection with the making of a Term Loan or any increase or decrease as set forth in the Milestone Schedule shall include any securities being issued in connection with such Term Loan advance or adjustment set forth in the Milestone Schedule.
FULLY DILUTED OWNERSHIP means as of any applicable date the sum of the number of shares of Common Stock then issued and outstanding, plus (x) the number of shares of Common Stock then reserved or available for sale or grant (directly or through the exercise or settlement of options, restricted stock units, or other rights) under any stock option, stock purchase, or similar plan for the benefit of employees and/or directors of the Company (a “Plan”), (y) the number of shares of Common Stock issuable upon the exercise of all then outstanding options, warrants, and similar stock purchase rights other than those issued or granted under a Plan, and (z) the number of shares of Common Stock issuable upon the conversion or exchange of any then outstanding equity or debt securities or other instruments (other than those issued or granted under a Plan) that are by their terms convertible or exchangeable, directly or indirectly, for shares of Common Stock, including but not limited to any such convertible or exchangeable securities issuable upon the exercise or conversion of any securities described in clause (y).

More Definitions of FULLY DILUTED OWNERSHIP

FULLY DILUTED OWNERSHIP means, as of any time of determination thereof and in respect of any Person or group of Persons, the number of Voting Securities that are Beneficially Owned by such Person or group of Persons and all other Voting Securities of which such Person or group of Persons have the right to acquire Beneficial Ownership directly or indirectly from the Company, whether or not any such right is currently exercisable. For purposes of this Agreement, when used with respect to Nextel and its Qualified Affiliates, Fully Diluted Ownership shall include, without limitation, the Revised Option Shares and Three Year Option Shares to the extent Nextel or its Qualified Affiliates Beneficially Own or have a right to acquire Beneficial Ownership of such Shares. "Fully Diluted Ownership Percentage" means, as of any time of determination thereof and in respect of any Person or
FULLY DILUTED OWNERSHIP shall have the meaning set forth in Section 7.1.

Related to FULLY DILUTED OWNERSHIP

  • Fully Diluted Basis means, when calculating the number of Outstanding Units for any period, a basis that includes, in addition to the Outstanding Units, all Partnership Securities and options, rights, warrants and appreciation rights relating to an equity interest in the Partnership (a) that are convertible into or exercisable or exchangeable for Units that are senior to or pari passu with the Subordinated Units, (b) whose conversion, exercise or exchange price is less than the Current Market Price on the date of such calculation, (c) that may be converted into or exercised or exchanged for such Units prior to or during the Quarter immediately following the end of the period for which the calculation is being made without the satisfaction of any contingency beyond the control of the holder other than the payment of consideration and the compliance with administrative mechanics applicable to such conversion, exercise or exchange and (d) that were not converted into or exercised or exchanged for such Units during the period for which the calculation is being made; provided, however, that for purposes of determining the number of Outstanding Units on a Fully Diluted Basis when calculating whether the Subordination Period has ended or Subordinated Units are entitled to convert into Common Units pursuant to Section 5.7, such Partnership Securities, options, rights, warrants and appreciation rights shall be deemed to have been Outstanding Units only for the four Quarters that comprise the last four Quarters of the measurement period; provided, further, that if consideration will be paid to any Group Member in connection with such conversion, exercise or exchange, the number of Units to be included in such calculation shall be that number equal to the difference between (i) the number of Units issuable upon such conversion, exercise or exchange and (ii) the number of Units that such consideration would purchase at the Current Market Price.

  • Fully Diluted Capitalization means the aggregate number, as of immediately prior to the First Equity Financing, of issued and outstanding shares of Capital Stock, assuming full conversion or exercise of all convertible and exercisable securities then outstanding, including shares of convertible Preferred Stock and all outstanding vested or unvested options or warrants to purchase Capital Stock, but excluding (i) the issuance of all shares of Capital Stock reserved and available for future issuance under any of the Company’s existing equity incentive plans, (ii) convertible promissory notes issued by the Company, (iii) any SAFEs, and (iv) any equity securities that are issuable upon conversion of any outstanding convertible promissory notes or SAFEs.

  • Voting Stock of any Person as of any date means the Capital Stock of such Person that is at the time entitled to vote in the election of the Board of Directors of such Person.

  • Voting Securities means any securities of the Company that vote generally in the election of directors.

  • Capital Stock of any Person means any and all shares, interests, rights to purchase, warrants, options, participations or other equivalents of or interests in (however designated) equity of such Person, including any Preferred Stock, but excluding any debt securities convertible into such equity.

  • Voting Shares means the Common Shares and any other shares in the capital of the Corporation entitled to vote generally in the election of all directors.