Maximum Number of Shares definition

Maximum Number of Shares is defined in Section 2.1.4.
Maximum Number of Shares shall have the meaning specified in Section 2.1(d).
Maximum Number of Shares means that percentage that the Company may issue without shareholder approval under the applicable rules of the National Market or the applicable OTC Bulletin Board or equivalent entity, of the then issued and outstanding shares of Common Stock of the Company as of the applicable date of determination, or such greater number of shares as the stockholders of the Company may have previously approved.

Examples of Maximum Number of Shares in a sentence

  • Whenever provision is made in this Agreement for pro rata allocation among Holders of Registrable Shares to be included in an underwritten offering, such Holders may instead agree in a subsequent writing signed by all of the affected Holders as to the relative proportions of Registrable Shares owned by each Holder to be included in such underwritten offering (up to the Maximum Number of Shares, after taking into account all other shares that have priority in such underwritten offering).


More Definitions of Maximum Number of Shares

Maximum Number of Shares means 13,800,000 shares of Common Stock, subject to adjustment as follows:
Maximum Number of Shares means, with respect to any underwritten offering, the maximum number of shares of Common Stock (including Registrable Shares) that the co-managing underwriters advise the Issuer can be included in such offering without having an adverse effect on such offering, including the price at which the shares can be sold.
Maximum Number of Shares means 2,500,000 Shares in this public offering.
Maximum Number of Shares shall have the meaning set forth in Section 5(b)(ii).
Maximum Number of Shares is defined in Section 2.1.5.
Maximum Number of Shares means, with respect to a given Offering Period, a number of Shares equal to the quotient of (x) $25,000 divided by (y) the Fair Market Value of a Share on the Offering Date.
Maximum Number of Shares means, with respect to any underwritten offering of Registrable Shares, the maximum number of shares of Common Stock (including Registrable Shares) that the managing underwriters advise the Corporation can be included in such offering without having an adverse effect on such offering, including the price at which the shares can be sold.