Market Capitalization of the Corporation definition

Market Capitalization of the Corporation at any time means the product of (i) the number of outstanding common shares of the Corporation at that time, and (ii) the average of the closing prices for the common shares of the Corporation on the principal securities exchange (in terms of volume of trading) on which the common shares of the Corporation are listed at that time for each of the last 10 days prior to such time on which the common shares of the Corporation traded on such securities exchange;
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Examples of Market Capitalization of the Corporation in a sentence

  • In connection with a Disposition, the Corporation shall pay the Advisor the Fixed Component of the Advisory Fee in an amount equal to 1.0% of the (a) Gross Market Capitalization of the Corporation upon the occurrence of a Listing or (b) Contract Sales Price upon the occurrence of any other Disposition.

  • If the Market Capitalization of the Corporation is $300 million or more on the date the notice by the Corporation of its exercise of this Redemption by Conversion Option is given, then each share of Series G1 Preferred Stock will be redeemed for the number of shares of Common Stock equal to 105% of the Redemption Value divided by the redemption price.

  • This additional knowledge will enable the Board members to discharge their responsibilities and duties more effectively.

  • If the Market Capitalization of the Corporation is less than $300 million on the date the notice by the Corporation of its exercise of this Redemption by Conversion Option is given, then each share of Series G1 Preferred Stock will be redeemed for the number of shares of Common Stock equal to 110% of the $100.00 liquidation value per share (the "Redemption Value") divided by the redemption price.

  • If the Market Capitalization of the Corporation is less than $300 million on the date the notice by the Corporation of its exercise of this Redemption by Conversion Option is given, then each share of Series G2 Preferred Stock will be redeemed for the number of shares of Common Stock equal to 110% of the $100.00 liquidation value per share (the "Redemption Value") divided by the redemption price.

  • If the Market Capitalization of the Corporation is less than $300 million on the date the notice by the Corporation of its exercise of this Redemption by Conversion Option is given, then each share of Series G3 Preferred Stock will be redeemed for the number of shares of Common Stock equal to 110% of the $100.00 liquidation preference per share divided by the redemption price.

  • The Corporation shall not issue additional debentures which are convertible at the option of the holder into Common Shares ("convertible debentures") of senior or equal ranking to the Initial Debentures if the principal amount of all issued and outstanding convertible debentures of the Corporation would exceed 25% of the Total Market Capitalization of the Corporation immediately after the issuance of such additional convertible debentures.

  • If the Market Capitalization of the Corporation is more than $300 million on the date the notice by the Corporation of its exercise of this Redemption by Conversion Option is given, then each share of Series G Preferred Stock will be redeemed for the number of shares of Common Stock equal to 115% of the Redemption Value.

  • If the Market Capitalization of the Corporation is less than or equal to $300 million on the date the notice by the Corporation of its exercise of this Redemption by Conversion Option is given, then each share of Series G Preferred Stock will be redeemed for the number of shares of Common Stock equal to 120% of the Redemption Value.

  • If the Market Capitalization of the Corporation is less than $300 million on the date the notice by the Corporation of its exercise of this Redemption by Conversion Option is given, then each share of Series G1 Preferred Stock will be redeemed for the number of shares of Common Stock equal to 110% of the $100.00 liquidation value per share (the "REDEMPTION Value") divided by the redemption price.

Related to Market Capitalization of the Corporation

  • Market Capitalization means an amount equal to (i) the total number of issued and outstanding shares of Capital Stock of the IPO Entity on the date of the declaration of the relevant dividend, multiplied by (ii) the arithmetic mean of the closing prices per share of such Capital Stock for the 30 consecutive trading days immediately preceding the date of the declaration of such dividend.

  • Change in Control of the Corporation means a change in control of a nature that would be required to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A promulgated under the Securities Exchange Act of 1934, as amended ("Exchange Act"), or any successor thereto, whether or not the Corporation is registered under the Exchange Act; provided that, without limitation, such a change in control shall be deemed to have occurred if (i) any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) is or becomes the "beneficial owner" (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Corporation representing 25% or more of the combined voting power of the Corporation's then outstanding securities; or (ii) during any period of two consecutive years, individuals who at the beginning of such period constitute the Board of Directors of the Corporation cease for any reason to constitute at least a majority thereof unless the election, or the nomination for election by stockholders, of each new director was approved by a vote of at least two-thirds of the directors then still in office who were directors at the beginning of the period.

  • Company Capitalization means the sum, as of immediately prior to the Equity Financing, of: (1) all shares of Capital Stock (on an as-converted basis) issued and outstanding, assuming exercise or conversion of all outstanding vested and unvested options, warrants and other convertible securities, but excluding (A) this instrument, (B) all other Safes, and (C) convertible promissory notes; and (2) all shares of Common Stock reserved and available for future grant under any equity incentive or similar plan of the Company, and/or any equity incentive or similar plan to be created or increased in connection with the Equity Financing.

  • Sale of the Corporation means (i) the sale of all or substantially all of the Corporation's assets to a Person who is not an Affiliate of the Corporation, (ii) the sale or transfer of the outstanding capital stock of the Corporation to one or more Persons who are not Affiliates of the Corporation, or (iii) the merger or consolidation of the Corporation with or into another Person who is not an Affiliate of the Corporation, in each case in clauses (ii) and (iii) above under circumstances in which the holders of a majority in voting power of the outstanding capital stock of the Corporation, immediately prior to such transaction, own less than a majority in voting power of the outstanding capital stock of the Corporation or the surviving or resulting corporation or acquirer, as the case may be, immediately following such transaction. A sale (or multiple related sales) of one or more subsidiaries of the Corporation (whether by way of merger, consolidation, reorganization or sale of all or substantially all assets or securities) which constitutes all or substantially all of the consolidated assets of the Corporation shall be deemed a Sale of the Corporation.

  • Consolidated Capitalization means, as of any date on which the amount thereof is to be determined, the sum of Consolidated Indebtedness plus Consolidated Net Worth.

  • Total Capitalization means, on any date, the sum of (a) Total Debt and (b) the Net Worth on such date.

  • 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.

  • Office of the Corporation means the executive office of the Corporation, anything in Section 131 of the General Corporation Law to the contrary notwithstanding.

  • Consolidated Total Capitalization means at any time the sum of Consolidated Indebtedness and Consolidated Net Worth, each calculated at such time.

  • Capitalization Date has the meaning set forth in Section 3.2(a).

  • Liquidity Capitalization means the number, as of immediately prior to the Liquidity Event, of shares of the Company’s capital stock (on an as-converted basis) outstanding, assuming exercise or conversion of all outstanding vested and unvested options, warrants and other convertible securities, but excluding: (i) shares of Common Stock reserved and available for future grant under any equity incentive or similar plan; (ii) any SAFEs; and (iii) convertible promissory notes.

  • Parent Capital Stock means Parent Common Stock and Parent Preferred Stock.

  • Debt to Capitalization Ratio means the ratio of (a) Consolidated Funded Debt to (b) Consolidated Capitalization.

  • Consolidated Capitalization Ratio on the last day of any fiscal quarter, the ratio of (a) Consolidated Total Indebtedness to (b) Consolidated Capital.

  • Company Capital Stock means the Company Common Stock and the Company Preferred Stock.

  • Capitalization grant means the federal grant made to this state by the United States environmental protection agency for either of the following purposes:

  • Capitalization Ratio means, at any date of determination, the ratio of (a) Funded Debt to (b) Capitalization.

  • Loss-to-Liquidation Ratio means the ratio (expressed as a percentage) computed as of the last day of each calendar month by dividing (i) the aggregate Outstanding Balance of all Receivables which became Defaulted Receivables during such month, by (ii) the aggregate amount of Collections received by the Collection Agent during such period.

  • Total Consolidated Capitalization means, as of any date of determination with respect to the Borrower, the sum of Total Consolidated Debt and Consolidated Net Worth.

  • Voting Capital Stock means with respect to any Person, securities of any class or classes of Capital Stock in such Person ordinarily entitling the holders thereof (whether at all times or at the times that such class of Capital Stock has voting power by reason of the happening of any contingency) to vote in the election of members of the board of directors or comparable governing body of such Person.

  • Company action level event means any of the following events:

  • Qualified Capital Stock means any Capital Stock that is not Disqualified Capital Stock.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Change in Control of the Company means the occurrence of any of the following events:

  • Disqualified Capital Stock means that portion of any Capital Stock which, by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable at the option of the holder thereof), or upon the happening of any event (other than an event which would constitute a Change of Control), matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or is redeemable at the sole option of the holder thereof (except, in each case, upon the occurrence of a Change of Control) on or prior to the final maturity date of the Notes.

  • Capitalization Rate means seven and one-half percent (7.5%).