Maximum Share Number definition

Maximum Share Number means, with respect to any Qualifying Capital Securities, a limit on the total number of shares of Common Stock that may be issued by the Corporation pursuant to the Alternative Payment Mechanism with respect to such Qualifying Capital Securities or on the total number of shares of Common Stock underlying all Qualifying Warrants that may be issued by the Corporation pursuant to such Alternative Payment Mechanism, provided that the product of such Maximum Share Number and the Market Value of the Common Stock as of the date of issuance of such Qualifying Capital Securities shall not represent a lower proportion of the aggregate principal or liquidation amount, as applicable, of such Qualifying Capital Securities than the product of the Maximum Share Number applicable to the Shares multiplied by the Market Value of the Common Stock as of the date of issuance of such Shares represents of the aggregate liquidation amount of such Shares.

Maximum Share Number has the meaning set forth in Section 2.1(h).

Maximum Share Number has the meaning set forth in Section 2.6(a)(v).

Examples of Maximum Share Number in a sentence

• The Stock and Warrant Issuance Cap will cease to apply after the fifth anniversary of the commencement of any Deferral Period, at which point the Company must pay any deferred interest, regardless of the time at which it was deferred pursuant to Section 2.1(h), subject to the limitations in Section 2.1(g), the Preferred Stock Issuance Cap, the Maximum Share Number, the Maximum Warrant Number and any Market Disruption Event.

• The Company may, at its discretion and without the consent of the holders of the Debentures, increase the Maximum Share Number or the Maximum Warrant Number or both (including through the increase of the Company's authorized share capital, if necessary) if the Company determines that such increase is necessary to allow the Company to issue sufficient Common Stock and/or Qualifying Warrants to pay deferred interest on the Debentures.

• Maximum Share Number") shall be such aggregate number of shares of Stock as does not exceed the sum of (i) 1,847,762 shares (subject to adjustment in accordance with Section 3(b) hereof); plus (ii) as of January 1, 2000 and each January 1 thereafter, 13.0 percent of any net increase since the date of this Amendment in the total number of shares of Stock actually outstanding.

• Notwithstanding any other provision herein to the contrary, at no time shall Options representing shares of Common Stock in excess of 25% of the Maximum Share Number be granted, outstanding or exercisable under the Plan at any time which are not Liquidity Event Options.

• Notwithstanding anything to the contrary contained herein, in the event that a Mandatory Prepayment Event occurs following any Potential Adjustment Event, Issuer Merger Event or Spin-Off Event, then the Administrative Agent agrees not to send a Mandatory Prepayment Notice until such time as Calculation Agent has made its determination as to the appropriate adjustments, if any, to be made to (i) the Minimum Price, (ii) the Maximum Share Number and/or (iii) the Minimum ADTV Level.

More Definitions of Maximum Share Number

Maximum Share Number has the meaning set forth in Section 5.01(a)(iii).

Maximum Share Number means 19.9% of the issued and outstanding shares of Buyer Stock as of the close of trading on the last trading day immediately prior to the Closing Date, rounded down to the nearest whole share.

Maximum Share Number means up to 28,400,000 CHTR Shares; provided that in the event of a Share Price Event, Issuer Merger Event or Spin-Off Event, the Calculation Agent may adjust the Maximum Share Number and provide for a Maximum Share Number applicable to such Shares after the occurrence of a Share Price Event with respect to such Shares, the relevant Merger

Maximum Share Number has the meaning specified in Section 2.7(a)(iii).

Maximum Share Number means up to [__] CHTR Shares; provided that, in the event of a Share Price Event, Issuer Merger Event or Spin-Off Event, the Calculation Agent may adjust the Maximum Share Number and provide for a Maximum Share Number applicable to such Shares after the occurrence of a Share Price Event with respect to such Shares, the relevant Merger Shares or the relevant Spin-Off Shares, as applicable, as it deems reasonably necessary pursuant to Section 1.02(d).

Maximum Share Number shall have the meaning set forth in Section 2(f) (ii).

Maximum Share Number means (x) in respect of CDAY Shares, 10,000,000 CDAY Shares and (y) in respect of DNB Shares, 35,000,000 DNB Shares.