Examples of Maximum Stock Amount in a sentence
The number of shares of UCU Common Stock to be issued to holders of Company Common Stock shall not, when added to the number of shares of UCU Common Stock initially issuable pursuant to Sections 6.12 and 6.13, exceed 19.9% of the total number of shares of UCU Common Stock issued and outstanding immediately preceding the Effective Time (the "Maximum Stock Amount").
The aggregate amount of (i) cash required to be deposited, funded or otherwise paid by Parent or Merger Sub under this Agreement, including pursuant to Section 3.3(a) or Section 3.9(f) or in respect of the Company Expense Amount, shall not exceed the Maximum Cash Amount and (ii) Parent Common Stock required to be deposited by Parent under this Agreement, including pursuant to Section 3.3(a) or Section 3.9(f), shall not exceed the Maximum Stock Amount.
For purposes of this Section 2.3, the shares of CU Stock for which BHI Stock is to be issued as consideration in the Merger shall be deemed to be "approximately equal" to the Minimum or Maximum Stock Amount if such number is within 25,000 shares (of CU Stock) of such amount.
For purposes of this Section 2.3, the shares of Kaweah Stock for which CVB Stock is to be issued as consideration in the Merger shall be deemed to be "approximately equal" to the Maximum Stock Amount or the Minimum Stock Amount if such number is within 1,000 shares of Kaweah Stock of such amount.