Reset Shares definition

Reset Shares. 1.7(a) "SCA" 3.4 "Special Committee" 2.4 "Transaction Documents" 2.4 "Trefoil" Preamble * * * *
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Reset Shares means Three Month Reset Shares, Six Month Reset Shares, and Call Reset Shares, as the case may be.
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Reset Shares has the meaning set forth in Section 7.12.
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Examples of Reset Shares in a sentence

  • In connection with the Company’s solicitation of the approval by its shareholders of the transactions contemplated by the FSA Purchase Agreement, the Company will include a proposal (the “Proposal”) to obtain the approvals necessary under the rules of the NYSE to permit the issuance of the FSA Subsequent Shares and any Reset Shares or Pre-Emptive Shares related thereto or issuable hereunder (the “FSA Shareholder Approval”).

  • This Agreement supersedes all prior agreements and understandings between the parties with respect to the acceleration of the purchase of Class A Preferred Shares, the exchange of Class A Preferred Shares for Class B Preferred Shares and the issuance of the Reset Shares.

  • At the Reset Closing, the Company shall deliver to the Purchasers certificates representing the Reset Shares to which the Purchasers are entitled in accordance with this Section, in such denominations as shall be requested by the Purchasers no less than one Business Day prior to the Reset Date.

  • The number of Three Month Reset Shares and Six Month Reset Shares that the Company may be obligated to issue on either the Three Month Reset Date or the Six Month Reset Date may increase substantially in certain circumstances, including the circumstance in which the trading price of the Common Stock declines.

  • All shares of Common Stock, including the Conversion Shares and the Reset Shares, subject to issuance as aforesaid, upon issuance on the terms and conditions specified in the instruments pursuant to which they are issuable, will be duly authorized, subject to paragraph (c) of this Section 2.3, validly issued, fully paid and nonassessable.

  • All Reset Shares shall be included in the Registration Statement.

  • If the number of Reset Shares so computed is negative, Escrow Shares held in escrow on such Reset Date equal to the number (taken as a positive number) of such Reset Shares (or such lesser number of Escrow Shares then held) shall be released from escrow to the Company.

  • Such immediate and prompt action shall be taken by all the parties in order to assure that there shall be full compliance with the Company's unqualified obligation that all Reset Shares issuable upon each Reset Date be issued and delivered by the due dates therefor as provided herein.

  • For the purpose of clarity, if the average of the Reset VWAP is equal to or greater than the Per Share Purchase Price, no Purchaser shall receive any Reset Shares.

  • The Company specifically acknowledges that its obligation to issue the Reset Shares is binding upon the Company and enforceable regardless of the dilution such issuance may have on the ownership interests of other shareholders of the Company.


More Definitions of Reset Shares

Reset Shares shall have the meaning ascribed to such term in Section 5.2.
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Reset Shares means either (i) additional Common Shares issuable by the Company to the Buyer or (ii) Company Escrow Shares to be released to the Company from the escrow maintained by the Escrow Agent, in each case in accordance with Section 3.
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Reset Shares shall have the meaning set forth in the Certificate of Designation.
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Reset Shares means shares of Common Stock that are part of a Reset Unit or are issued or issuable unon exercise of a Reset Warrant, where "Reset Units" shall mean any Units issued or issuable upon exercise of the Class II Warrant and "Reset Warrants" shall mean any Class I Warrants that are part of a Reset Unit.
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Related to Reset Shares

  • Net Shares means the number of shares of Common Stock which will be deposited in a brokerage account in the Grantee’s name at the Company’s designated broker after shares have been withheld to satisfy applicable tax and withholding requirements upon vesting of the Restricted Stock Units.

  • Buyer Stock means the common stock, par value $0.001 per share, of Buyer.

  • Payment Shares has the meaning set forth in Section 2.02;

  • Put Shares means all shares of Common Stock issued, or that the Company shall be entitled to issue, per any applicable Put Notice in accordance with the terms and conditions of this Agreement.

  • Target Shares means the common shares in the capital of Target;

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

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

  • Earn-Out Shares has the meaning provided in Section 2.2(b).

  • Acquired Shares has the meaning set forth in the Recitals.

  • Unit Shares means the Common Shares comprising part of the Units;

  • Holdco Shares means the ordinary shares of HoldCo with a par value of US$0.0001 per share.

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Exercise Shares means the shares of Common Stock issuable upon exercise of this Warrant.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Purchased Shares has the meaning set forth in Section 2.01.

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

  • Open Market Share Purchase shall have the meaning specified in Section 2(I).

  • Exchange Shares has the meaning set forth in Section 2.01(b).

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Net Share Amount For any Exercise Date, a number of Shares, as calculated by the Calculation Agent, equal to (x) the product of (i) the number of Warrants being exercised or deemed exercised on such Exercise Date, (ii) the Warrant Entitlement and (iii) the excess, if any, of the Relevant Price for the Valuation Date occurring on such Exercise Date over the Strike Price (such product, the “Net Share Settlement Amount”), divided by (y) such Relevant Price.

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

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

  • Redemption Shares has the meaning set forth in Section 6.2(a). “Reviewed Year” has the meaning ascribed to said phrase under Section 6225(d)(1) of the Code.

  • Earnout Shares has the meaning set forth in Section 3.6(a).