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

• 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.

• Prior to the commencement of a Voting Period, (i) all shares of any Series of MuniFund Term Preferred Shares Outstanding from time to time shall be represented by one global certificate for such Series registered in the name of the Securities Depository or its nominee and (ii) no registration of transfer of shares of such Series of MuniFund Term Preferred Shares shall be made on the books of the Fund to any Person other than the Securities Depository or its nominee.

• 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.

• So long as any RVMTP Shares are Outstanding, the Fund shall not, without the affirmative vote or consent of the Holders of at least 66 2/3% of the RVMTP 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 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.

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 shall be defined as the total number of shares outstanding plus the number of shares issuable upon exercise, conversion or exchange of options, rights, warrants or other securities (collectively, "Rights") exercisable for, convertible into or exchangeable for AGC common stock, all determined as of the commencement of the IPO and taking into account any stock split, dividend or other recapitalization effected or to be effected in connection with the IPO; provided that only Rights that represent the right to receive a share of AGC common stock for consideration less than the IPO Price ("Dilutive Rights") shall be taken into account in determining Shares Outstanding; and provided, further, that a Dilutive Right shall only be deemed to increase the number of Shares Outstanding by an amount equal to the quotient of (i) the number of shares covered by such Dilutive Right multiplied by the amount by which the IPO Price exceeds the exercise or conversion price of such Dilutive Right divided by (ii) the IPO Price.