Examples of Maximum Stock Election Number in a sentence
If the aggregate number of NU Common Shares and associated NU Rights in respect of which elections have been made or deemed made pursuant to Section 2.02 exceeds the Maximum Stock Election Number or the Maximum Cash Election Number, as the case may be, the consideration for which such elections have been made or deemed made shall be referred to herein as the "Oversubscribed Consideration".
The number of Stock Election Shares shall not be greater than 75% of the number of Outstanding Target Shares (the "Maximum Stock Election Number").
If the total number of Stock Election Shares is equal to or less than the Maximum Stock Election Number then, subject to Section 3.01(g)(iii), all such Stock Election Shares, shall be converted into the right to receive the Stock Consideration from New Holdco in accordance with the terms of Section 3.01(b) and Section 3.01(c).
The number of shares of Company Common Stock to be converted into the right to receive InterWest Common Stock in the Merger shall not exceed 50% ("Maximum Stock Election Number") of the number of shares of Company Common Stock outstanding immediately prior to the Effective Date (excluding Dissenting Shares and shares exchanged for cash pursuant to Section 2.5).
As used herein, the "Individual Maximum Number" for any Eligible Stockholder equals the product of (x) the number of Shares owned by such Eligible Stockholder multiplied by (y) a fraction the numerator of which is (i) the Maximum Stock Election Number and (ii) the denominator of which is the number of issued and outstanding Shares and Options as of the date hereof.
The number of shares of TARGET Common Stock to be converted into the right to receive Stock Consideration shall be not less than 51% of the number of Outstanding TARGET Shares (the "Minimum Stock Election Number") and not greater than 65% of the number of Outstanding TARGET Shares (the "Maximum Stock Election Number").
Its absence may indicate the presence of morphological changes in the organ and decrease in the adaptation reserves.The first measurement is true, the second in 3-5 minutes after carrying out the harmonization procedure (tonifying, sedation or harmonization depending on the total parameters level), shows the functional lability of adaptation systems.Throughout the measurement time, the patient should sit stilly without moving fingers, toes and limbs that can cause false values.
As used herein the "Stock Election Value" means the lesser of (i) $40 million and (ii) $25 multiplied by the positive difference between (x) the Maximum Stock Election Number and (y) the number of Electing Shares.
Assuming for purposes of this representation that a number of shares equal to the Maximum Stock Election Number is issued as Stock Consideration pursuant to Section 3.01(b), immediately after the Effective Time the Maximum Stock Election Number will represent approximately 30% of the issued and outstanding common stock of New Holdco.