Examples of Minimum Number of Shares in a sentence
The number of shares so reserved may be reduced by the number of shares actually delivered pursuant to conversion of Debentures (provided that in no event shall the number of shares so reserved be less than the Minimum Number of Shares applicable to any Debenture) and the number of shares so reserved shall be increased or decreased proportionally to reflect stock splits, stock dividends and other distributions.
If we do not receive Subscription Payments for the Minimum Number of Shares by the Expiration Date, the Offering will not close and the Escrow Agent will promptly return all Subscription Payments to all subscribers, with interest calculated at the federal funds rate.
If Parent owns, directly or indirectly, no more than the Revised Minimum Number of Shares, no other vote of the stockholders of the Company is required by law, the Certificate of Incorporation or Bylaws of the Company as currently in effect or otherwise to adopt the plan of merger contained in this Agreement and approve the Merger.
Unless the Merger is consummated in accordance with Section 253 of the DGCL as contemplated by Section 2.09 if Parent owns, directly or indirectly, no more than the Revised Minimum Number of Shares, the only vote of the stockholders of the Company required to adopt the plan of merger contained in this Agreement and approve the Merger is the affirmative vote of the holders of not less than a majority of the outstanding Shares.
If a greater number of Shares is tendered into the Offer and not withdrawn, the Purchaser may elect to purchase, on a pro rata basis, the Revised Minimum Number of Shares.