Original Number definition
Examples of Original Number in a sentence
In the event that the Investor shall not be entitled to designate Investor Nominees for election to the Board of Directors, the Investor Nominees shall resign from the Board of Directors no later than the thirtieth day after the day on which the Investor becomes aware that the aggregate Beneficial Ownership of it and its Affiliates is reduced below the threshold ownership level of Investor Original Number of Conversion Shares specified in this Section 5.02(c).
From and after the Initial Closing, so long as members of the Investor Group Beneficially Own, in the aggregate, at least 50% of the Original Number of Conversion Shares, the Company shall not, without the prior written approval of the holders of at least 60% of the Conversion Shares then Beneficially Owned by members of the Investor Group, incur or permit its Subsidiaries to incur Indebtedness in excess of $100,000,000, in the aggregate, in any twelve-month period.
In the event the Investor and its Affiliates Beneficially Own, in the aggregate, less than 10% of the Original Number of Warrant Shares, the provisions set forth in Articles V, VI and VIII hereof shall terminate and be of no further force or effect.
If the Target Date did not result from either of those events, the Purchaser shall determine the number of Purchaser Units, considered in the order of purchase, with respect to which there are Escrowed Funds sufficient in amount, when added to the Receipts, to provide the Purchaser with the Rate of Return (the "Original Number").
If the Revised Number is less than the Original Number, the Grantee immediately shall forfeit all right, title and interest in and to that number of shares of Common Stock equal to the difference between the Original Number and the Revised Number (rounded to the nearest whole number of shares) and to any dividends to be paid thereafter on such shares.
From and after the Initial Closing, for so long as members of the Investor Group Beneficially Own, in the aggregate, at least 50% of the Original Number of Conversion Shares, the Company shall not, without the prior written approval of the holders of at least 60% of the Conversion Shares then Beneficially Owned by members of the Investor Group, hire, terminate or materially limit the responsibilities of the chief executive officer of the Company.
From and after the Closing, for so long as members of the Investor Group Beneficially Own, in the aggregate, at least 50% of the Original Number of Conversion Shares, the Company shall not, without the prior written approval of the holders of at least 60% of the Conversion Shares then Beneficially Owned by members of the Investor Group, hire, terminate or materially limit the responsibilities of the chief executive officer of the Company.
In the event that the Investor shall not be entitled to designate Board Nominees for election to the Board of Directors, the Board Nominees shall resign from the Board of Directors no later than the thirtieth day after the day on which the Investor becomes aware that the aggregate Beneficial Ownership of it and its Affiliates is reduced below the threshold ownership level of Original Number of Series A Shares specified in this Section 5.02(c).
From and after the Closing, so long as members of the Investor Group Beneficially Own, in the aggregate, at least 50% of the Original Number of Conversion Shares, the Company shall not, without the prior written approval of the holders of at least 60% of the Conversion Shares then Beneficially Owned by members of the Investor Group, incur or permit its Subsidiaries to incur Indebtedness in excess of $100,000,000, in the aggregate, in any twelve-month period.
For these purposes, the original number of Warrant Shares set forth on the first page of the Warrant is referred to as the "Original Number Of Warrant Shares" and each of the adjusted number of Warrant Shares derived under Section 4(a)(i)-(iii) is referred to herein as the "Adjusted Number Of Warrant Shares".