Requisite Share Number definition

Requisite Share Number means a number of Registrable Securities ---------------------- representing not less than 10% of the total number of shares of Common Stock then outstanding or shares of Common Stock representing not less than $15,000,000 in fair market value as determined by the Board, or such lesser number as constitutes all shares of Common Stock then held by the relevant Holder representing not less than 3% of the total number of shares of Common Stock then outstanding.

Requisite Share Number means the number of shares of Common Stock representing not less than Twenty Million Dollars ($20,000,000) in fair market value as determined in good faith by the Board.

Requisite Share Number means the number of shares of Common Stock representing not less than $20,000,000 in fair market value as determined in good faith by the Board.

Examples of Requisite Share Number in a sentence

• At any time and from time to time after the date hereof, the Holders owning, individually or in the aggregate, at least the Requisite Share Number may make a total of two written requests for a Demand Registration of not less than 10% of the Registrable Securities held by all Holders; provided, that the Company shall in no event be obligated to effect more than two Demand Registrations in any 12-month period.

• Xxxxxxxxxxx (and/or his Permitted Transferees) then owning, individually or in the aggregate, at least the Requisite Share Number (and for this purpose, shares held by the other Existing Stockholders may be included if such Existing Stockholders elect to join in the request) may make a written request for registration under the Securities Act of all or part of his or their Registrable Securities (an “ES Demand Registration”); provided that Xxxxx X.

• Xxxxxxxxxxx (and/or his Permitted Transferees) and the other Existing Stockholders joining in the request are together requesting that at least the Requisite Share Number of their shares be registered; provided further that the Company shall not be obligated to effect more than one (1) Demand Registration, in the aggregate, for the Existing Stockholders and/or their Permitted Transferees.

• Upon the occurrence of any of such events, the definitions of Holdings Common Stock, Shares, Non-Voting Shares, Registrable Securities and Requisite Share Number shall be appropriately modified.

• Registrations under this Article VI shall be on such appropriate registration form of the SEC for the disposition of the Registrable Securities as shall be selected by the Company and shall be reasonably acceptable to any Stockholders who are the registered holders of Registrable Securities participating in the registration representing in the aggregate at least the Requisite Share Number.

More Definitions of Requisite Share Number

Requisite Share Number means 150,000,000 shares of Common Stock.

Requisite Share Number on any date means a number of Registrable Securities representing not less than 35% of the issued and outstanding Registrable Securities held in the aggregate on such date by the Holders.

Requisite Share Number means (i) in the case of a demand made for an initial public offering of the Company, a number of Registrable Securities representing (on an as converted basis) not less than either the lesser of (A) 5% of the aggregate shares of the Registrable Class outstanding as of the date of any such determination (calculated on a fully diluted basis) or (B) $5 million in fair market value of Registrable Securities, as reasonably determined by the Board of Directors of the Company, or (ii) in the case of a demand made for an offering after an initial public offering of the Company a number of Registrable Securities (A) described in clause (i)(B) above or (B) such lesser number of Registrable Securities as constitutes, in the aggregate, not less than 2% of the total number of shares of the Registrable Class then outstanding (calculated on a fully diluted basis), provided, that such number includes all Registrable Securities then owned by the Securityholders (or issued in connection with any dividend, split or reverse split, combination, recapitalization, reclassification, merger or consolidation, exchange or distribution in respect of the interests issued thereunder).

Requisite Share Number. (i) until a registration statement with respect to the sale of Registrable Securities shall have become effective under the Securities Act (other than any registration statement on Form S-8 or any successor form to such Form) and Registrable Securities shall have been disposed of in accordance with such registration statement, more than 150,000 Registrable Securities and (ii) thereafter, at least 30,000 Registrable Securities.

Requisite Share Number means at least twenty-three percent (23%) of the Registrable Securities.

Requisite Share Number means at least 10% of the outstanding Registrable Securities with an aggregate Fair Value Price of at least $15 million.

Requisite Share Number means a number of Registrable Securities equal, in the case of Aerospatiale, to not less than 2,925,000 shares of Common Stock and, in the case of Alcatel, to not less than 3,150,000 shares of Common Stock (as adjusted from time to time to