Share Limitation definition

Share Limitation means that the lead underwriter or co-managers of any offering in connection with a Piggyback Registration, a Demand Registration or a Strategic Partner Demand Registration advise Issuer in writing that in their opinion the number of Registrable Securities requested to be included in such offering exceeds, together with other shares of Class H Common Stock to be included therein, the number of shares of Class H Common Stock which can be sold in such offering without adversely affecting the marketability of the offering.

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Share Limitation means that the underwriter selected by the Company of any underwritten public offering advises the Company in writing that in its opinion the number or dollar amount of securities requested to be included in such offering (whether by the Holder, the Company or any other holders thereof permitted (by contractual agreement with the Company or otherwise) to include such securities in such offering) exceeds the number or dollar amount of securities which can be sold in such offering without adversely affecting the price, timing, distribution or marketability of the offering.

Share Limitation means the aggregate number of Shares authorized for Awards as described in Section 3.1.

Examples of Share Limitation in a sentence

If the Company is required to redeem this Note or any portion hereof pursuant to this Section 2.4, the Company shall make payment to the Holder of an amount equal to the Share Limitation Redemption Price.
Changes in the Class Value of each Class shall be based on changes in the Fund’s Underlying Index and Net Investment Income and, in the case of the AccuShares Spot CBOE VIX Fund, the VIX Fund Daily Amount, and limited by the Class Value per Share Limitation.
United may immediately terminate this Agreement (i) if Contractor is in breach of the terms of Article V.A. (United Express Operations Only) or (ii) if Contractor is in breach of the terms of Article V.B (Code Share Limitation) (a “Section D Default”).
The Holder and the Company agree that (i) an equivalent number or dollar amount of Registrable Securities shall be sold through the lead or managing underwriter selected by the Holder and the underwriter selected by the Company in any underwritten public offering pursuant to a Demand Registration and (ii) all decisions regarding whether a Share Limitation is necessary shall be made in the sole discretion of the underwriter selected by the Company.
Commencing on the date hereof, in any single Calendar month, Cornell shall not sell an aggregate number of shares of Common Stock in excess of the Share Limitation amount unless waived in writing by the Company.

More Definitions of Share Limitation

Share Limitation means the greater of (a) three hundred thousand (300,000) shares of Common Stock, or (b) five percent (5%) of the total volume of the Common Stock traded for the previous Calendar month according to Bloomberg, LP. Further, Cornell may accumulate any unsold shares from any preceding Calendar month, so long as these shares were available to have been sold under Section 4(a) hereof (“Accumulated Shares”) in addition to the current Calendar month Share Limitation, but the amount of Accumulated Shares that may be sold in any single Calendar month shall be limited to 10% of the total volume of the Common Stock traded for the previous Calendar month according Bloomberg. LP. The sale by Cornell of any shares at $4.50 or higher shall not count towards any Share Limitation. This Share Limitation will have no force or effect and Cornell shall have no restrictions under the Share Limitation upon the occurrence of (i) an Event of Default under the Notes issued by the Company in the Note Transaction (an “Event of Default”), or (ii) in the event that any purchasers of Notes of the Company are not bound by the limitations set forth in the Notes or the Note Transaction, for any reason, whether or not pursuant to the terms of the Notes or any agreement or item entered into in connection therewith or by written consent of the Company. The Company shall notify Cornell in writing of an event described in the preceding sentence within five (5) business days of the occurrence of such an event. The provisions of the Section 4 shall only apply to shares of Common Stock acquired by Cornell in connection with the Securities Purchase Agreement, including the shares of Common Stock underlying the Convertible Debentures and the Commitment Shares, but shall exclude the Warrant Shares..

Share Limitation shall have the meaning ascribed to such term in Section ---------------- 2.3(a) hereof.

Share Limitation shall have the meaning set forth in Section 5(i).

Share Limitation means the aggregate number of Shares authorized for Options as described in Section 3.1.

Share Limitation means the ▇▇▇▇▇▇▇▇ Act Limitation and, if and only if the provisions of Section 13.1(c) are applicable as set forth in the first sentence of Section 13.1(c), the limitations set forth in Section 13.1(c).

Share Limitation means 17,500,000 aggregate shares of Common Stock or Common Stock Equivalents, which is the maximum permissible amount of shares of Common Stock and Common Stock Equivalents that could be issued by the Company without exceeding the Issuance Cap, as defined in Section 8.1(k) of the Series A3 Certificate of Designation and the Series B3 Certificate of Designation, respectively.

Share Limitation as defined in Section 8.1(c) hereof.