Initial Share Number definition

Initial Share Number means the aggregate number of shares of LN Common Stock issuable to the Liberty Parties in the Merger, but in no event greater than the product of the Liberty Share Number multiplied by the Exchange Ratio; provided, that the Initial Share Number (and such product) shall be appropriately adjusted to reflect any stock split, reverse stock split, stock dividend, subdivision, combination, reclassification or similar event in respect of the LN Common Stock after the date of this Agreement.
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Initial Share Number has the meaning specified in Section 6.21.
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Initial Share Number means the aggregate number of Initial Shares.
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Examples of Initial Share Number in a sentence

  • The Initial Share Number, Additional Shares and Warrant Shares shall be referred to collectively herein as the "Shares".

  • Three percent (3.0%) of the Initial Share Number will also be reserved for future grants so that the Plan will cover a number of shares of Common Stock equal to fifteen percent (15.0%) of the Initial Share Number.

  • The Initial Share Number shall be appropriately adjusted to take into account any adjustment to any reorganization, stock reclassification, recapitalization or split, exchange of shares or similar transaction.

  • The "Ciba Percentage" shall initially be twenty five percent (25%); provided, however, that such percentage shall be subject to reduction from time to time in the event that Ciba and its Affiliates cease to own in the aggregate at least Two Hundred Thousand (200,000) shares (the "Initial Share Number") of Eligible Securities (adjusted for stock splits, combinations and the like).

  • At the Closing, the Company shall deliver to Purchasers certificates representing the Initial Share Number, which shall be fully paid and nonassessable upon issuance.

  • Subject to the terms and conditions of this Agreement, each of the Purchasers hereby agrees to acquire, and the Company agrees to sell that number of shares (the "Initial Share Number") of the Company's Common Stock, par value $.0001 per share (the "Shares"), set forth opposite such Purchaser's name on Schedule I to this Agreement, subject to adjustment in the number of shares as provided in Section 2, below.

  • The Initial Share Number shall be subject to adjustment as provided in this Section 2.

  • At any such time or times, the Ciba Percentage shall be reduced by the percentage by which the number of shares of Eligible Securities then owned by Ciba and its Affiliates in the aggregate is less than the Initial Share Number.

  • If the Company's Chief Executive Officer or President shall unreasonably delay or deny consent as to any matter in this subparagraph (v) for which his consent is required, the Investor shall not be obligated to purchase the Initial Share Number which is the subject of the respective Put Notice.

  • The APSLP Initial Share Number shall be appropriately adjusted to take into account any adjustment to the Merger Consideration pursuant to Section 2.13 and any reorganization, stock reclassification, recapitalization or split, exchange of shares or similar transaction.


More Definitions of Initial Share Number

Initial Share Number means an amount equal to the quotient of (a) (i) the Initial Share Consideration Value minus (ii) the Key Person Pool Amount divided by (b) the Initial Share Price.
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Initial Share Number has the meaning set forth in the Merger Agreement.
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Initial Share Number means a number of shares of Common Stock, rounded down to the nearest integer, equal to the Purchase Price divided by the closing price per share of Common Stock on the Purchase Date.
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Initial Share Number shall have the meaning given to such term in Section 2.2 hereof.
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Initial Share Number shall have the meaning set forth in Section 1.4(b).
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Related to Initial Share Number

  • Initial Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Initial Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Additional Shares shall have the meaning specified in Section 14.03(a).

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.