Shares Available definition

Shares Available means the lesser of (a) the product, rounded down to the nearest whole number, of (i) 0.2229 and (ii) the aggregate number of Company Common Shares outstanding immediately prior to the Effective Time (other than Company Common Shares held by Parent, Company, any Subsidiary of Parent, any Subsidiary of Company, Dissenting Shareholders or the Custodian or Trustee for the benefit of participants under the Company RSU Plans), and (b) the Maximum Share Number;

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Shares Available means the product, rounded down to the nearest whole number, of the Exchange Ratio multiplied by the aggregate number of Westcoast Common Shares immediately prior to the Effective Time (other than Westcoast Common Shares held by Duke Energy or any affiliate thereof), divided by 2;

Shares Available means the lesser of (A) the product, rounded down to the nearest whole number, of (I) 0.675 multiplied by (II) the aggregate number of Shares outstanding immediately prior to the Acceptance Time (other than Shares held by Parent, the Company or any of their Subsidiaries or Appraisal Shares), and (B) the Maximum Share Number minus the number of Parent Common Shares underlying the Adjusted Options (as of immediately after the Effective Time).

Examples of Shares Available in a sentence

• Notwithstanding anything to the contrary in this Agreement, all Unsubscribed Shares, Available Shares, Rights Offering Shares and shares of New Common Stock in respect of the Put Option Equity Premium will be delivered with all issue, stamp, transfer, sales and use, or similar transfer Taxes or duties that are due and payable (if any) in connection with such delivery duly paid by Reorganized ▇▇▇▇▇▇.

• Shares Available for Issuance Under the Company's Equity Incentive ------------------------------------------------------------------ Plans.

• Unless sooner vested in accordance with the terms of this Award Agreement, the Options granted hereunder shall vest (i.e., become exercisable) in accordance with the following: Percentage ofOption Vested Number of Shares Available for Exercise Vesting Date 20%20%20%20%20% 15,00015,00015,00015,00015,000 June 11, 2015June 11, 2016June 11, 2017June 11, 2018June 11, 2019 This Option may not be exercised at any time on or after the Option’s expiration date.

• This Agreement shall terminate and the CVRs shall expire upon the earliest to occur of: (1) the date upon which the Maximum CVR Shares Available for Distribution shall be reduced to zero (for purposes of this Section 8, determined as of any date), (2) the consummation of a Change of Control, and (3) the Expiration Date.

• Unless sooner vested in accordance with the terms of this Award Agreement, the Options granted hereunder shall vest (i.e., become exercisable) in accordance with the following: Percentage ofOption Vested Number of Shares Available for Exercise Vesting Date 20%20%20%20%20% ###___######___######___######___######___### June 11, 2015June 11, 2016June 11, 2017June 11, 2018June 11, 2019 This Option may not be exercised at any time on or after the Option’s expiration date.

• As soon as practicable after the Company has determined that there will be Available Securities, but in any event within 180 days after the Termination, the Company shall give written notice (the "Option Notice") to CVC (or its designees) setting forth the number of Available Vested Shares, Available Unvested Shares, and the purchase price for each of such Available Securities.

• If the CVR Strike Price is adjusted as hereinabove provided, the Maximum CVR Shares Available for Distribution shall be increased concurrently by multiplying the Maximum CVR Shares Available for Distribution on the record date or effective date in respect of such Extraordinary Distribution by the same fraction set forth above.

• Shares Available for Purchase ------------------------------------------------ This Warrant may be exercised to purchase that number of the Company's Ordinary Shares having an aggregate exercise price in an amount equivalent to one million United States dollars (US$1,000,000), at an exercise price per each Ordinary Share which shall be calculated as set forth in Section 2 below, subject to adjustments under Section 8 of this Warrant (the "Warrant Shares").

• This Subscription Certificate entitles the Rights Holder named above to subscribe to purchase up to the number of shares stated above (next to the caption "Maximum Primary Subscription Shares Available") of Common Stock, without par value, of Tower Financial Corporation, an Indiana corporation (the "Company"), pursuant to the Rights Offering described in the Company's Prospectus, dated July 22, 2002, which accompanied this Subscription Certificate (the "Prospectus").

• SUMMARY OF THE STOCK OPTION PLAN Shares Available Under the Stock Option Plan.

More Definitions of Shares Available

Shares Available means the lesser of (a) the product, rounded down to the nearest whole number, of (i) 0.2229 and (ii) the aggregate number of ATI Common Shares outstanding immediately prior to the Effective Time (other than ATI Common Shares held by AMD, ATI, any subsidiary of AMD, any subsidiary of ATI, Dissenting ATI Common Shareholders or the custodian or trustee for the benefit of participants under the ATI RSU Plans), and (b) the Maximum Share Number.