Maximum Stock Number definition

Maximum Stock Number means a number of shares of SHC Common Stock equal to 45% of the total of (i) the number of shares of SHC Common Stock to be issued to Frankfort First Shareholders in the Merger; and (ii) the number of shares of SHC Common Stock to be issued to purchasers of SHC Common Stock in the Reorganization (collectively, the “Outstanding SHC Common Stock”), provided that in the discretion of First Federal such percentage may be increased to up to 49% of the Outstanding SHC Common Stock in the event that upon completion of the offerings contemplated in the Reorganization First Federal has not received orders for at least the minimum number of shares offered.
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Maximum Stock Number means that number equal to: (A) the Stock Percentage; multiplied by (B) the number of shares of WICOR Common Stock issued and outstanding immediately prior to the Effective Time of Merger.
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Maximum Stock Number means the greater of (i) the Minimum Stock Number and (ii) the quotient, the numerator of which is the lesser of A or B, divided by .55, minus the lesser of A or B, and the denominator of which is 2.35, where: A = .55 multiplied by the maximum, as adjusted, of the Reorganization offering range; and B = that number of shares of SHC Common Stock for which orders are received and accepted in the Reorganization offering. Notwithstanding any of the foregoing provisions, under no circumstance shall the holders of shares of Frankfort First Common Stock receive an aggregate number of shares of SHC Common Stock in the Merger that would equal more than 49% of the total number of shares of SHC Common Stock issued in the Reorganization and the Merger.
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Examples of Maximum Stock Number in a sentence

  • Notwithstanding any other provisions of this Agreement, the number of shares of SHC Common Stock to be issued to holders of Frankfort First Common Stock in the Merger shall not exceed the Maximum Stock Number.

  • The number of shares of WICOR Common Stock to be --------------- converted into the right to receive Wisconsin Energy Common Stock in the Merger shall equal the Maximum Stock Number.

  • Notwithstanding any other provisions of this Agreement (i) the number of shares of Frankfort First Common Stock to be exchanged for the Stock Consideration in the Merger shall not exceed the Maximum Stock Number, and (ii) the minimum number of shares of Frankfort First Common Stock to be exchanged for the Stock Consideration in the Merger shall not be less than the Minimum Stock Number.

  • The number of shares of First Northern Common Stock to be converted into the right to receive Survivor Common Stock in the Merger shall equal the Maximum Stock Number.

  • Included in this, is the availability of spiritual counseling and religious ministry in order to meet the spiritual needs as identified by the patient/family/significant other.

  • Notwithstanding any other provisions of -------------- this Agreement, the number of shares of SHC Common Stock to be issued to holders of Frankfort First Common Stock in the Merger shall not exceed the Maximum Stock Number.


More Definitions of Maximum Stock Number

Maximum Stock Number means that number equal to: (A) the Stock Percentage; multiplied by (B) the number of shares of First Northern Common Stock issued and outstanding immediately prior to the Effective Time.
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Maximum Stock Number means a number of shares of SHC Common Stock equal to 45% of the total of (i) the number of shares of SHC Common Stock to be issued to Frankfort First Shareholders in the Merger; and (ii) the number of shares of SHC Common Stock to be issued to purchasers of SHC Common Stock in the Reorganization (collectively, the “Outstanding SHC Common Stock”), provided that in the discretion of First Table of Contents Federal: (i) such percentage may be increased to up to 49% of the Outstanding SHC Common Stock in the event that upon completion of the offerings contemplated in the Reorganization First Federal has not received orders for at least the minimum number of shares offered; and (ii) First Federal may elect to exclude any portion or all of the shares of SHC Common Stock purchased by the ESOP in the Reorganization from the Outstanding SHC Common Stock for purposes of calculating the Maximum Stock Number.
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Maximum Stock Number means 8,500,000 less the number of shares of Parent Common Stock issuable in respect of Restricted Stock and Company Stock Options outstanding on the Acceptance Date (after giving effect to any exercises of Company Stock Options in connection with the Offer prior to the Acceptance Date)."
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Related to Maximum Stock Number

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

  • CAS number means the Chemical Abstract Service registry number identifying a particular substance.

  • Maximum Number of Shares is defined in Section 2.1.4.

  • Maximum Stock Loan Rate As provided in Annex A to this Confirmation.

  • Number of Shares means a number of shares calculated as follows: Par / Geared Put Strike LPU rounded down to the nearest round lot as permitted by the Exchange for trading purposes, and the remaining fractional share amount (being the “Residual Amount”) shall be paid in USD as the Cash Residual; and

  • DUNS Number means a unique nine digit identification number provided by Dun & Bradstreet for each physical location of Grantee’s organization. Assignment of a DUNS Number is mandatory for all organizations seeking an Award from the state of Illinois.

  • Fully Diluted Share Number means the aggregate sum of: (i) the number of shares of Company Common Stock issued and outstanding immediately prior to the Effective Time; (ii) the number of shares of Company Common Stock issuable upon the voluntary conversion of all of the shares of Company Preferred Stock issued and outstanding immediately prior to the Effective Time into Company Common Stock and (iii) the number of shares of Company Common Stock issuable upon exercise of all Stock Options.

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

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

  • Specified Number means the number of Public Sources specified in the applicable Final Terms (or, if a number is not so specified, two).

  • Final Share Level means the Share Level at the Valuation Time on the Valuation Date.

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • 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.

  • Reserved Numbers means those telephone numbers which are not in use but which are held in reserve by a Carrier under a legally enforceable written agreement for a specific End User Customer's future use.

  • Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • 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.

  • Location Routing Number (LRN means the ten (10) digit number that is assigned to the network switching elements (Central Office–Host and Remotes as required) for the routing of calls in the network. The first six (6) digits of the LRN will be one of the assigned NPA NXX of the switching element. The purpose and functionality of the last four (4) digits of the LRN have not yet been defined but are passed across the network to the terminating switch.

  • Applicable Stock Price means, in respect of a Conversion Date, the average of the Closing Sale Prices per share of Common Stock over the five-Trading Day period starting the third Trading Day following such Conversion Date.

  • Per Share Amount has the meaning set forth in Section 3.01(c).

  • Warrant Share Number means at any time the aggregate number of shares of Warrant Stock which may at such time be purchased upon exercise of this Warrant, after giving effect to all prior adjustments and increases to such number made or required to be made under the terms hereof.

  • Final Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Final Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Warrant Exercise Price means $0.05 per share.

  • Maximum Put Amount means the lesser of (i) Two Hundred Fifty Thousand Dollars ($250,000), or (ii) Two Hundred Fifty percent (250%) of the average of the Dollar Volume for the twenty (20) Trading Days immediately preceding the Put Date.

  • Maximum Limit means that number of issued Shares representing 10% of the total number of issued Shares as at the date of the passing of this Resolution (excluding any Shares which are held as treasury shares as at that date); and

  • Minimum Exercise Amount means the Minimum Exercise Amount as specified in § 1 of the Product and Underlying Data.