Share Limitation definition

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

Examples of Share Limitation in a sentence

  • In case the samples received for testing in a month are lesser than the guaranteed number of samples, the successful bidder will be compensated by FSSAI.

  • Situation of Share Limitation Reduction of Controlling Shareholders, Actual Controllers, Restructuring Party and Other Commitment SubjectsNot applicable VII.

  • This is covered in IRC § 704(d) - Partner’s Distributive Share, Limitation on Allowance of Losses.

  • The issuance of Common Stock upon the exercise of Stock Rights shall not count against the Share Limitation, to the extent that either (i) the issuance of such Stock Rights has already been counted against the Share Limitation, or (ii) such Stock Rights had been issued prior to the date of an order in this proceeding.

  • Only newly issued shares of Common Stock will be counted against the Share Limitation.


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 as defined in Section 8.1(c) hereof.
Share Limitation shall have the meaning set forth in Section 5(i).
Share Limitation shall have the meaning ascribed to such term in Section ---------------- 2.3(a) hereof.
Share Limitation means the aggregate number of Shares authorized for Options as described in Section 3.1.
Share Limitation means the Xxxxxxxx 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.