Maximum Number of ADSs definition

Maximum Number of ADSs means, at any time, the number of ADSs equal to the product of (a) the aggregate principal amount of Convertible Notes outstanding at such time (assuming for such purpose that the option to purchase additional Convertible Notes in the Convertible Note Purchase Agreement has been exercised in full, unless and until such option has expired, in which case the Maximum Number of ADSs shall be determined without taking into account this parenthetical), divided by $1,000 and (b) the Conversion Rate at such time, subject to the adjustments referred to in the definition of Loaned ADSs above.
Maximum Number of ADSs means the lesser of (i) and (ii) as follows:
Maximum Number of ADSs shall have the meaning specified in Section 14.08(a).

Examples of Maximum Number of ADSs in a sentence

  • See “Plan of Distribution.” Name of Selling Shareholder Number of shares of ADSs Owned Prior to Offering Maximum Number of ADSs to be Sold Pursuant to this Prospectus Number of ADSs Owned After Offering Annex C CAN-XXXX BIOPHARMA LTD.

  • On or prior to the 30th calendar day from the date hereof, any Borrower may give one Borrowing Notice (as defined in the ADS Lending Agreements) with respect to a number of ADSs specified in such Borrowing Notice, up to the Maximum Number of ADSs (as defined in the ADS Lending Agreements to which such Borrower is a party, such number of ADSs, the “Additional Borrowed ADSs”)) in the aggregate.

  • See “Plan of Distribution.” Name of Selling Stockholder Number of ADSs Owned Prior to Offering Maximum Number of ADSs to be Sold Pursuant to this Prospectus Number of ADSs Owned After Offering Percentage of ADSs Owned After Offering if Greater than 1% Altium Growth Fund, LP (1) 0 [Other Buyers] (2) * Denotes less than 1%.

  • On the basis of the representations and warranties contained in this Agreement, and subject to the terms and conditions herein and in the ADS Lending Agreements, the Company agrees to issue Shares and to lend to the Borrowers, and the Borrowers agree to borrow from the Company, severally and not jointly, the Borrowed Securities up to the Maximum Number of ADSs in their respective ADS Lending Agreements.

  • Name of Selling Security-holder Number of ADSs Owned Prior to Offering Maximum Number of ADSs to Be Sold Pursuant to this Prospectus Number of ADSs Owned After Offering Forum Asian Realty Income II, L.P.(1) 0 758,441 0 (1) The share amount represents common shares that may be acquired within 60 days from the date of this prospectus upon the exercise of outstanding warrants.


More Definitions of Maximum Number of ADSs

Maximum Number of ADSs means the lesser of (i) (A) [ ] ADSs (as adjusted from time to time as set forth herein, the “ADS Number”), subject to the following adjustments:
Maximum Number of ADSs means the lesser of (i) the Underlying Number of ADSs and (ii) the aggregate number of ADSs sold by the Underwriters (as defined in the Underwriting Agreement) pursuant to the Underwriting Agreement through the end of the Prospectus Availability Period (as defined in the Underwriting Agreement).

Related to Maximum Number of ADSs

  • Maximum Number of Shares is defined in Section 2.1.4.

  • Maximum Number means that number of directors constituting the greater of (x) two and (y) 20% of the total number of directors of the Corporation on the last day on which a Nomination Notice may be submitted pursuant to this Section 3.11 (rounded down to the nearest whole number), which number shall be reduced as set forth in Section 3.11.c.i.

  • Programme Maximum Number of ETP Securities means 1,000,000,000.

  • Maximum Number of Securities shall have the meaning given in subsection 2.1.4.

  • Underwriters’ Maximum Number means, for any Piggyback Registration, Demand Registration or other registration which is an underwritten registration, that number of securities to which such registration should, in the opinion of the managing underwriters of such registration in the light of marketing factors, be limited.

  • Minimum Number means 3% of the number of outstanding shares of common stock of the Corporation as of the most recent date for which such amount is given in any filing by the Corporation with the Securities and Exchange Commission prior to the submission of the Nomination Notice.

  • Number of Shares As of any date, the product of (i) the Number of Options, (ii) the Conversion Rate and (iii) the Applicable Percentage.

  • Maximum Offering Size has the meaning set forth in Section 2(d);

  • Number of Warrants For each Component, as provided in Annex A to this Confirmation. Warrant Entitlement: One Share per Warrant

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

  • Applicable Share Limit means a number of Shares equal to (A) the minimum number of Shares that could give rise to reporting or registration obligations or other requirements (including obtaining prior approval from any person or entity) of a Dealer Person, or could result in an adverse effect on a Dealer Person, under any Applicable Restriction, as determined by Dealer in its reasonable discretion, minus (B) 1% of the number of Shares outstanding.

  • Maximum Basic Grant Amount’ has the same meaning as set out in item 1 of Schedule 1 of HESA; ‘National Law’ means (a) for a state or territory other than Western Australia – the Health Practitioner Regulation National Law as set out in the Schedule to the Health Practitioner Regulation National Law Act 2009 (Qld) as it applies (with or without modification) as a law of the State or Territory; and (b) for Western Australia – the legislation enacted by the Health Regulation National Law (WA) Xxx 0000 that corresponds to the Health Practitioner Regulation National Law;

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

  • Maximum Face Amount means, with respect to any outstanding Letter of Credit, the face amount of such Letter of Credit including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • Maximum Swingline Amount means $5,000,000.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Maximum Deliverable Number means the number of Shares set forth as such in Annex B to this Confirmation. Counterparty represents and warrants to Dealer (which representation and warranty shall be deemed to be repeated on each day from the date hereof to the Settlement Date or, if Counterparty has elected to deliver any Payment Shares hereunder in connection with a Special Settlement, to the date on which resale of such Payment Shares is completed (the “Final Resale Date”)) that the Maximum Deliverable Number is equal to or less than the number of authorized but unissued Shares of Counterparty that are not reserved for future issuance in connection with transactions in such Shares (other than the transactions under this Confirmation) on the date of the determination of the Maximum Deliverable Number (such Shares, the “Available Shares”). In the event Counterparty shall not have delivered the full number of Shares otherwise deliverable as a result of this paragraph 5 (the resulting deficit, the “Deficit Shares”), Counterparty shall be continually obligated to deliver, from time to time until the full number of Deficit Shares have been delivered pursuant to this paragraph, Shares when, and to the extent that, (i) Shares are repurchased, acquired or otherwise received by Counterparty or any of its subsidiaries after the date hereof (whether or not in exchange for cash, fair value or any other consideration), (ii) authorized and unissued Shares reserved for issuance in respect of other transactions prior to such date which prior to the relevant date become no longer so reserved or (iii) Counterparty additionally authorizes any unissued Shares that are not reserved for other transactions. Counterparty shall promptly notify Dealer of the occurrence of any of the foregoing events (including the number of Shares subject to clause (i), (ii) or (iii) and the corresponding number of Shares to be delivered) and promptly deliver such Shares thereafter.

  • Issuable Maximum shall have the meaning set forth in Section 4(e).

  • Maximum Drawing Amount means the maximum aggregate amount that the beneficiaries may at any time draw under outstanding Letters of Credit, as such aggregate amount may be reduced from time to time pursuant to the terms of the Letters of Credit.

  • Item number means the unique number attached to each professional service contained in the Medicare Benefits Schedule (MBS). Each item number has a set benefit. For more information see MBS Online.

  • Offering Price has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Maximum Offering Amount means have the meaning set forth in the recitals hereto.

  • Maximum Undrawn Amount means with respect to any outstanding Letter of Credit, the amount of such Letter of Credit that is or may become available to be drawn, including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • Total Number of Directors means the total number of directors comprising the Board from time to time.

  • Applicable Number means a number (rounded up to the nearest whole number) equal to the product of (i) the quotient determined by dividing (A) the aggregate number of shares owned by Blackstone to be included in the contemplated Transfer by (B) the aggregate number of shares owned by Blackstone immediately prior to the contemplated Transfer and (ii) the total number of Executive Shares.