Share Issuance Limit definition

Share Issuance Limit means 2,135,625 shares of Common Stock, subject to appropriate adjustment for any Stock Events occurring after November 5, 2018, except that such limitation shall not apply in the event that the Company obtains the Requisite Stockholder Approval (it being acknowledged, for the avoidance of doubt, that the Company has no obligation to seek such approval), and a “Lender’s Share Issuance Limit” means such Lender’s Pro Rata Share of the Share Issuance Limit.
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Share Issuance Limit means 2,526,800 shares of Common Stock, subject to appropriate adjustment for any Stock Events occurring after August 9, 2018, and a “Lender’s Share Issuance Limit” means such Lender’s First Out Waterfall Pro Rata Share of the Share Issuance Limit.
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Examples of Share Issuance Limit in a sentence

  • The cash amount payable by Coeur shall equal the market value of Coeur Common Stock as of the trading day prior to the closing of the Transaction multiplied by the number of shares of Coeur Common Stock that would have been issued to Orion and its Affiliates in the Transaction in excess of the Share Issuance Limit.

  • For the avoidance of doubt, the Borrower shall not be entitled, or permitted, to issue an aggregate number of shares of Common Stock pursuant to this Exhibit 2.3 in excess of the Share Issuance Limit.

  • If the Total Consideration Coeur Shares would have otherwise exceeded the Share Issuance Limit and the necessary shareholder approval is not obtained, then, without duplication of shares, Coeur shall issue shares of Coeur Common Stock to Orion and its Affiliates up to the Share Issuance Limit and pay cash to Orion in lieu of issuing shares of Coeur Common Stock in excess of the Share Issuance Limit.

  • In no event shall (a) the number of shares issued to a Lender pursuant to any Share Issuance Notice exceed the Maximum Share Amount specified in such Lender’s Cap Notice; or (b) the aggregate number of shares issued to a Lender pursuant to any Share Issuance Notice, together with the shares previously issued to such Lender pursuant to Share Issuance Notices, exceed such Lender’s Share Issuance Limit.

  • For the avoidance of doubt, the Borrower shall not be entitled, or permitted, to issue an aggregate number of shares of Common Stock pursuant to this Exhibit 2.6 in excess of the Share Issuance Limit.