Initial Number definition

Initial Number has the meaning set forth in Section 13(B).

Initial Number has the meaning set forth in Section 12(ii).

Initial Number has the meaning ascribed to it in Section 12(ii).

Examples of Initial Number in a sentence

• The number of units in a Trust on the Initial Date of Deposit referred to in Section 2.03 is set forth under the caption "Initial Number of Units" in the section entitled "Summary of Essential Information" in the Prospectus.

• The fractional undivided interest in and ownership of each Trust represented by each Unit is an amount the numerator of which is one and the denominator of which is the amount set forth under "Summary of Essential Financial Information - Initial Number of Units" in the Prospectus.

• The fractional undivided interest in and ownership of the Trust represented by each Unit is an amount the numerator of which is one and the denominator of which is the amount set forth under "Summary of Essential Financial Information - Initial Number of Units" in the Prospectus.

• The Seller’s obligation to deliver the Initial Number of Shares to the Purchaser on the Initial Settlement Date is subject to the condition that the representations and warranties made by the Purchaser in the Agreement shall be true and correct as of the date hereof and the Initial Settlement Date.

• Notwithstanding the requirement to register all Registrable Securities, the Company's obligation to register the Registrable Securities shall initially be satisfied by the registration of the Initial Number of Shares to Be Registered (as defined below).

More Definitions of Initial Number

Initial Number shall have the meaning set forth in Section 8.2(a)(i) of this Agreement.

Initial Number has the meaning set forth in Section l3(B).

Initial Number has the meaning set forth in Section 2.3.

Initial Number has the meaning assigned to such term in Section 6.01(a).

Initial Number means the number of shares of the Company's Common Stock received by the Stockholders as consideration pursuant to the Merger Agreement, which number was then divided pro rata among the Stockholders in accordance with the terms and provisions of the Merger Agreement.

Initial Number means ten percent (10%) of the Fully Diluted Shares on the Exercise Period Commencement Date multiplied by 30%.

Initial Number means eleven and one half percent (11.5%) of the Fully Diluted Shares on the Exercise Period Commencement Date multiplied by 70%.”