Requisite Shares definition

Requisite Shares means a number of Registrable Securities equal to not less than 25% of the Registrable Securities held in the aggregate by all Holders.
Sample 1Sample 2Sample 3
Requisite Shares means a number of Warrants, Warrant Shares and Registrable Securities equivalent to a majority of the Warrant Shares subject to the originally issued Warrants.
Sample 1Sample 2
Requisite Shares means the lesser of 5% of the outstanding shares of the Company's Common Stock or 5% of the Shares.
Sample 1Sample 2

Examples of Requisite Shares in a sentence

  • For so long as the Investor holds the Requisite Shares and following the time at which the Series C-3 Convertible Preferred Stock shall have become convertible in full, the Investor shall be entitled to nominate a total of three (3) directors to the Board (each such director, an “Investor Director”).

  • The provisions of this Section shall terminate upon the Investor ceasing to own the Requisite Shares.

  • Once the sound speed had reached its maximum or minimum value, depending on whether the gas used was helium or carbon dioxide, the gas flow and pump were switched off.

  • Upon the dissolution of Oaktree Acquisition Holdings, L.P., or the assignment of its rights pursuant to the Registration Rights Agreement, the rights under this Section 4.13 shall become exercisable by holders of a majority-in-interest of the “Registrable Securities” (as defined in the Registration Rights Agreement); provided that, with respect to Section 2.13, such right shall expire when such holders collectively hold less than the number of Requisite Shares in the aggregate.

  • If at any time a Registration Statement is filed pursuant to a Demand Registration, and subsequently a sufficient amount of the Subject Equity is withdrawn from the Demand Registration so that such Registration Statement does not cover at least the amount of Requisite Shares, the Holders who have not withdrawn their Subject Equity shall have the opportunity to include an additional amount of Subject Equity in the Demand Registration so that such Registration Statement covers at the Requisite Shares.

  • At any time and on or after April 1, 2003 (the "Triggering Event"), Holders owning, individually or in the aggregate, at least the Requisite Shares may make a written request for registration under the Securities Act of their Registrable Securities (a "Demand Registration").

  • This Fifth Amendment shall become effective and legally binding upon the Company and the other parties hereto, and shall be deemed to effectively amend the Original Agreement, as previously amended, when one or more counterparts hereof, individually or taken together, shall bear signatures representing the Requisite Shares.

  • The concept of relational capital is closely aligned with social capital; that knowledge embedded in the activities and processes of people.

  • Automated Quotation System, (iv) the date of any Change of Control or (v) June 29, 1998 (each a "Triggering Event"), Holders owning, individually or in the aggregate, at least the Requisite Shares may make a written request for registration under the Securities Act of their Registrable Securities (a "Demand Registration").

  • At any time on or after the occurrence of a Triggering Event, Holders owning, individually or in the aggregate, at least the Requisite Shares may make written requests (a "Demand") for registration under the Securities Act of their Registrable Securities (a "DEMAND REGISTRATION").


More Definitions of Requisite Shares

Requisite Shares means a number of Warrants and Registrable Securities equivalent to no less than 35% of the Warrants and Registrable Securities held in the aggregate by all Holders at the time of any request for a Demand Registration (with any Warrant being deemed to be equal to the number of Warrant Shares for which such Warrant is then exercisable (without giving effect to any cashless exercise)).
Sample 1
Requisite Shares means a number of Registrable Securities equivalent to not less than 35% of the Registrable Securities.
Sample 1
Requisite Shares means a number of Registrable Securities equivalent to not less than 25% of the Registrable Securities outstanding as of any date of determination; PROVIDED, that no Registrable Security held by the Issuer or any of its Subsidiaries or Affiliates shall be included in determining such 25%.
Sample 1
Requisite Shares means a number of Registrable Securities ---------------- equivalent to more than 50% of the Warrant Shares issuable pursuant to the Warrants as of the date hereof; provided that no account shall be taken of -------- the Registrable Securities underlying the Series B Warrants prior to the Triggering Event with respect to the Series B Warrants.
Sample 1

Related to Requisite Shares

  • Requisite Shareholder Approval means the affirmative vote of a majority of the outstanding shares of the Company’s Voting Stock (voting together as a single class) and the affirmative vote of a majority of the outstanding shares of Common Stock (voting separately as a single class), in each case approving the amendment of the Company’s amended and restated articles of incorporation to increase the number of authorized shares of Common Stock to 150,000,000 shares.

  • Requisite Stockholder Approval has the meaning set forth in Section 3.2.

  • Authorized Share Approval means approval of the Amendment by the shareholders of the Company.

  • Note Shares means the shares of Common Stock issuable upon conversion of the Notes.

  • Requisite Holders means at any time holders of Warrant Shares and Warrants representing at least a majority of the Warrant Shares outstanding or issuable upon the exercise of all the outstanding Warrants.

  • Requisite Investors means the holders of a majority of the Registrable Securities then held by the Investors.

  • Requisite Company Vote has the meaning set forth in Section 3.03(a).

  • Majority Shareholder Vote means a vote of “a majority of the outstanding voting securities” (as such term is defined in the 0000 Xxx) of the Trust with each class and series of Shares voting together as a single class, except to the extent otherwise required by the 1940 Act or this Declaration with respect to any one or more classes or series of Shares, in which case the applicable proportion of such classes or series of Shares voting as a separate class or series, as the case may be, also will be required.

  • Required Shareholder Approval has the meaning in Section 2.20.

  • Investor Warrants has the meaning given it in the recitals of this Agreement.

  • Authorized shares means the shares of all classes a domestic or foreign corporation is authorized to issue.

  • Requisite Amount has the meaning specified in the Spread Account Agreement.

  • Acquisition Shares means each class of shares of beneficial interest of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Investor Shares shall have the meaning given in the Recitals hereto.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Company Shareholder Approval has the meaning set forth in Section 4.03(d).

  • Parent Shareholder Approval means the affirmative vote of the holders of a majority of the votes cast by holders of outstanding shares of Parent Stock on the proposal to approve the issuance of Parent Stock as provided in this Agreement at the Parent Special Meeting.

  • Stockholder Approval means such approval as may be required by the applicable rules and regulations of the Nasdaq Stock Market (or any successor entity) from the stockholders of the Company with respect to issuance of all of the Warrants and the Warrant Shares upon the exercise thereof.

  • Series D Warrants means series D share purchase warrants of the Corporation issued to RTIH on May 22, 2012 in connection with the 2012 Rights Offering in accordance with the 2012 MoA, the terms of which are more particularly described under the heading “General Development of the Business – Agreements with the Rio Tinto Group – 2012 MoA”.

  • Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.

  • Converted Shares means the Subject Equity Shares resulting from the conversion of Limited Voting Shares into the Subject Equity Shares pursuant to subparagraph (ii);

  • Requisite Approval means the affirmative vote of the holders of at least a majority of the shares of outstanding Company Common Stock and outstanding Company Preferred Stock voting as a single class.

  • Sponsor Warrants shall have the meaning given in the Recitals hereto.

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • Common Shares means the common shares in the capital of the Corporation;

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.