Reserve Number definition
Examples of Reserve Number in a sentence
There shall be deducted from the number of LLC Units deposited with the Paying Agent pursuant to Section 2.3, the number of LLC Units (the "Reserve Number") that would have been issuable in respect of the Units represented by Unextinguished Options, if any, had such Unextinguished Options been exercised immediately prior to the Effective Time.
Parent and MLP shall agree, prior to the Closing, on the amount of any Reserve Number.
Acquiror shall take all corporate actions necessary to reserve a number of shares of Acquiror Common Stock equal to the Adjusted Warrant Share Reserve Number, for issuance upon exercise of the Adjusted Warrants.
Acquirer shall take all corporate actions necessary to reserve a number of shares of Acquirer Common Stock equal to the Adjusted Warrant Share Reserve Number, for issuance upon exercise of the Adjusted Warrants.
In the event of any merger, consolidation or reorganization of the Company, the Underwriter shall determine the appropriate Trigger Price and Reserve Number as a result of such event.
Following the declaration of any Potential Adjustment Event, the Underwriter shall determine (after consultation with the Company) whether such Potential Adjustment Event has a diluting or concentrative effect on the theoretical value of the Common Stock and, if so, shall make the corresponding adjustment(s), if any, to the Trigger Price and the Reserve Number.