Maximum Consideration Shares definition

Maximum Consideration Shares means 19,800,000 Shares, being the maximum number of Consideration Shares to be issued for fulfilment of both the Tranche 2 Payment and the Tranche 3 Payment.
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Maximum Consideration Shares means the maximum of 4,608,295 Offeror Shares available for issue under the Share Consideration;
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Maximum Consideration Shares means the lesser of (i) 5,085,736 shares of Purchaser’s Shares, or (ii) such number of Purchaser's Shares representing 19.0% of the issued and outstanding capital stock of the Purchaser immediately prior to the Closing (as provided by Purchaser to the Company by a certificate signed by the Chief Executive Officer or Chief Financial Officer of Purchaser at least three (3) Business Days prior to the Closing).
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Examples of Maximum Consideration Shares in a sentence

  • Accordingly, depending on whether the target Actual NPAT is met, the Maximum Consideration Shares to be allotted and issued to the Vendors shall be determined and adjusted based on the formula set out below: A x 12,219,253 B where: A is the Actual NPAT for FY2008, FY2009 or FY2010, as the case may be (in £); and B is £500,000.

  • The Second Tranche Consideration is payable on or before 1 November 2021, subject to the Maximum Consideration Shares cap.

  • As a result of the fulfilment of the Profit Guarantee 2021, on 1 August 2022, a total of 19,800,000 Consideration Shares, being the Maximum Consideration Shares, for settling the Payment were allotted and issued to the Vendors at issue price of HK$0.1822 per Consideration Share under the general mandate of the Company.

  • Notwithstanding anything to the contrary contained herein, in no event will the total number of Consideration Shares issued or issuable by Purchaser pursuant to this Agreement, including all Closing Consideration Shares and all Purchaser's Equity Awards, equal more than the Maximum Consideration Shares.

  • Accordingly, on 1 August 2022, a total of 19,800,000 Consideration Shares, being the Maximum Consideration Shares, were allotted and issued to the Vendors at HK$0.1822 per Consideration Shares under the general mandate of the Company with a total amount of approximately US$462,000, and the remaining balance of approximately US$396,000 would be satisfied by way of cash.

  • If Resolution 2 is not passed, the Maximum Consideration Shares will be included in calculating the Company's 15% limit in Listing Rule 7.1, effectively decreasing the number of equity securities it can issue without Shareholder approval over the 12 month period following the date of agreement to issue up to the Maximum Consideration Shares.

  • The maximum of 19,800,000 Consideration Shares (the “Maximum Consideration Shares”) being issued represents (i) approximately 2.75% of the existing issued share capital of the Company as at the date of this report; and (ii) approximately 2.68% of the issued share capital of the Company as enlarged by the allotment and issue of the Maximum Consideration Shares on a fully diluted basis.

  • As a result of the fulfilment of the Profit Guarantee 2021, on 1 August 2022, a total of 19,800,000 Consideration Shares, being the Maximum Consideration Shares, for settling the Payment were allotted and issued to the Vendors at issue price of HK$0.1822 per Consideration Share under the general mandate of the Company, which was passed at the Company’s annual general meeting on 20 May 2022 as an ordinary resolution.

  • For illustrative purposes only, assuming Maximum Conversion Shares are allotted and issued and that the Maximum Consideration Shares (as described in Section 5 of this Circular) are allotted and issued in accordance to the Subscription Agreement, the Maximum Conversion Shares and Maximum Consideration Shares will represent approximately 94.9% of the enlarged issued share capital of the Company comprising 25,712,279,324 Shares.

  • Under this formula, the Maximum Consideration Shares of 12,219,253 Consideration Shares will be allotted and issued to the Vendors if the Certified Total Revenue is £10,000,000 or more for any of FY2008, FY2009 or FY2010.


More Definitions of Maximum Consideration Shares

Maximum Consideration Shares has the meaning ascribed to it in Clause 3.2(b).
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Maximum Consideration Shares means 19,800,000 shares of Pumatech Common Stock less the Transaction Expenses Adjustment.
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Related to Maximum Consideration Shares

  • Minimum Consideration means the $.01 par value per share or such larger amount determined pursuant to resolution of the Board to be capital within the meaning of Section 154 of the Delaware General Corporation Law.

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • Aggregate Stock Consideration has the meaning set forth in Section 3.01(b)(iii).

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • Per Share Consideration means (i) if the consideration paid to holders of the Common Stock consists exclusively of cash, the amount of such cash per share of Common Stock, and (ii) in all other cases, the volume weighted average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective date of the applicable event. If any reclassification or reorganization also results in a change in shares of Common Stock covered by subsection 4.1.1, then such adjustment shall be made pursuant to subsection 4.1.1 or Sections 4.2, 4.3 and this Section 4.4. The provisions of this Section 4.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of the Warrant.

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

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

  • Earnout Shares has the meaning set forth in Section 3.6(a).

  • Earn-Out Shares has the meaning provided in Section 2.2(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.

  • Share Consideration has the meaning given to it in Section 2.2;

  • Closing Stock Consideration means a number of shares of Parent Common Stock equal to (a) the Stock Consideration, minus (b) any shares of Parent Common Stock used to fund the SC Escrow Amount.

  • Net Consideration Per Share means the amount equal to the total amount of consideration, if any, received by the Company for the issuance of such warrants, options, subscriptions, or other purchase rights or convertible or exchangeable securities, plus the minimum amount of consideration, if any, payable to the Company upon exercise or conversion thereof, divided by the aggregate number of shares of Common Stock that would be issued if all such warrants, options, subscriptions, or other purchase rights or convertible or exchangeable securities were exercised, exchanged or converted.

  • Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions.

  • Per Share Cash Consideration has the meaning set forth in Section 3.01(a)(ii).

  • Parent Share Price means the average of the volume weighted averages of the trading prices of Parent Common Shares on NYSE (as reported by Bloomberg L.P. or, if not reported therein, in another authoritative source mutually selected by Parent and the Company in good faith) on each of the 20 consecutive trading days ending on (and including) the trading day that is two trading days prior to the Closing Date.

  • Maximum Share Amount shall have the meaning set forth in Section 2.01(c).

  • Acquisition Shares means each class of shares of beneficial interest of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Earn-Out Consideration has the meaning set forth in Section 2.08(a)(i).

  • Interest Share Amount shall have the meaning set forth in Section 2(a).

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Cash Election Shares shall have the meaning set forth in Section 3.2.1.

  • Put Shares means all shares of Common Stock issued, or that the Company shall be entitled to issue, per any applicable Put Notice in accordance with the terms and conditions of this Agreement.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).