Shares Outstanding definition

Shares Outstanding means the aggregate of all Shares outstanding and all Shares issuable upon exercise of all outstanding Options and conversion of all outstanding Convertible Securities.

Shares Outstanding means on any day of determination, the number of issued and outstanding Shares with respect to a Class of Shares, excluding any Shares issued in violation of Section 3.1 and Shares for which redemption orders have been received and accepted by the Fund.

Shares Outstanding means the total number of Shares outstanding on a fully diluted basis, as reflected in the Company’s financial statements for purposes of determining earnings per share.

Examples of Shares Outstanding in a sentence

• If any such combination results in a smaller total number of Shares Outstanding, the Company shall require, as a condition to the delivery to a Record Holder of such new Certificate, the surrender of any Certificate held by such Record Holder immediately prior to such Record Date.

• So long as any MuniFund Term Preferred Shares are Outstanding, the Fund shall not, without the affirmative vote or consent of at least 66 2/3% of the Holders of the MuniFund Term Preferred Shares Outstanding at the time, voting as a separate class, file a voluntary application for relief under Federal bankruptcy law or any similar application under state law for so long as the Fund is solvent and does not foresee becoming insolvent.

• The Market Price per Share for a given semi-annual period shall be determined by dividing the Company’s NAV at the end of such period by the number of Common Shares Outstanding as of the end of such period, prior to giving effect to any share purchases or redemptions to be effected for such period.

• The Market Price per Share for a given fiscal quarter shall be determined by dividing the Company’s NAV at the end of the prior fiscal quarter by the number of Common Shares Outstanding as of the end of the prior fiscal quarter, after giving effect to any share purchases, redemptions, contributions or distributions made through the end of the prior fiscal quarter.

• So long as any VMTP Shares are Outstanding, the Fund shall not, without the affirmative vote or consent of the Holders of at least 66 2/3% of the VMTP Shares Outstanding at the time, voting as a separate class, file a voluntary application for relief under Federal bankruptcy law or any similar application under state law for so long as the Fund is solvent and does not foresee becoming insolvent.

More Definitions of Shares Outstanding

Shares Outstanding or "Shares then outstanding" means all shares of Common Stock outstanding and all shares of Common Stock issuable upon conversion, exercise or exchange of any option, warrant or other security or obligation which is, by its terms, convertible, exercisable or exchangeable into shares of Common Stock, whether or not such conversion, exercise or exchange has actually been effected.

Shares Outstanding means the number of shares of MDB Public Common Stock actually outstanding immediately following the Separation Event.

Shares Outstanding means, for purposes of calculating the FFO per Share Amount, the weighted average number of shares of beneficial interests of the Company (the "Shares") outstanding (as determined by GAAP), including any beneficial interests in the Operating Partnership (the "Units"), for the period such calculation is made; provided, however, that appropriate equitable adjustments shall be made when calculating the FFO per Share Amount in the event of any extraordinary transactions such as stock splits, stock dividends, etc. Payment of the Incentive Fee shall be made by the Operating Partnership, at the option of the Advisor, in Shares or Units (with one Unit convertible into one Share) unless and to the extent, receipt of Shares would adversely affect the Company's status as a REIT, in which such event the Advisor shall receive Units. The number of Shares or Units shall be the nearest whole number of Shares or Units, as the case may be, obtained by dividing the Incentive Fee by the average closing price of the Shares on the New York Stock Exchange (or such other exchange or national market system on which the Shares are then traded) for the Measurement Year. Any such Shares or Units shall not be transferable, other than to Affiliates of the Advisor, except by operation of law for a period of one year from the date of issuance.

Shares Outstanding means the number of shares of Common Stock outstanding, assuming the conversion of all outstanding shares of Preferred Stock and the exercise of all outstanding options and in-the-money warrants to purchase Common or Preferred Stock of the Company, and "Equity Proceeds" shall mean the sum of (i) the fair market value of all consideration received by the Company in consideration for the issuance of equity securities of the Company and (ii) the aggregate consideration that the Company would receive upon the exercise of all outstanding options and in-the-money warrants. In the event the Company's Common Stock is publicly traded, the "Share Value" shall be the closing price per share of the Common Stock of the Company as reported on a national securities exchange or on the over-the-counter market. In the event the Company's Common Stock is not publicly traded, the parties shall mutually agree on the Share Value PROVIDED, HOWEVER, that if the parties are unable to agree on a Share Value within thirty (30) days of the Final Valuation Date, a mutually agreed upon independent appraiser shall determine the Share Value.

Shares Outstanding means the sum of all of the Company's shares of common stock issued and outstanding immediately prior to the event constituting a Change of Control, including all such shares held by affiliated and nonaffiliated persons.

Shares Outstanding means the aggregate of all shares of Common Stock outstanding and all shares of Common Stock issuable upon exercise of all outstanding Options and conversion of all outstanding Convertible Securities.

Shares Outstanding means the aggregate number of shares of Common Stock issued and outstanding as of the Effective Time (including Appraisal Shares then outstanding, but excluding Appraisal Shares that have been redeemed or cancelled by the Company prior to the Effective Time pursuant to a final settlement of the demands of the holder thereof for the fair market value thereof in connection with the Merger), but after the conversion of any Preferred Stock to Common Stock.