Examples of Remaining Shares in a sentence

The COMPANY shall, on the Trigger Date, (i) provide to the Consultant and the Company’s transfer agent all documentation required by the COMPANY’s transfer agent for the cancellation of the Remaining Shares and (ii) pay to Consultant an amount in cash equal to the number of Remaining Shares multiplied by the closing price of the Common Stock on the date of this Agreement as reported by Nasdaq (the “Redemption Amount”).
If, at any time after the date of this Agreement, the Common Stock would be deemed to be a “pxxxx stock” as defined in SEC Rule 240.3a51-1 (the “Trigger Date”), then the remaining Shares held by Consultant as of the Trigger Date (the “Remaining Shares”) shall automatically be deemed canceled and extinguished in the entirety as of the Trigger Date, and Consultant shall no longer have any rights to such Remaining Shares as of the Trigger Date.
For the avoidance of doubt, Consultant shall no longer have any rights to the Remaining Shares as of the Trigger Date, except the right to enforce the COMPANY’s payment of the Redemption Amount in cash.

More Definitions of Remaining Shares

Remaining Shares shall have the meaning set forth in Section 1(c) hereof.

Remaining Shares has the meaning set forth in Section 9.18(a).

Remaining Shares shall have the meaning set forth in the recitals.

Remaining Shares has the meaning that is attributed to the term in item 11.8 of this Agreement.

Remaining Shares means the aggregate number of New Common Shares that have not been subscribed for and purchased, if any, in the Senior Noteholder Rights Offering as of the Offering Deadline.

Remaining Shares are defined in Section 5.3;

Remaining Shares means the Shares purchased and sold at the Second Closing, including 8% Preference Shares purchased by Purchaser pursuant to Rights held by Purchaser.