Shortfall Shares definition

Shortfall Shares means the amount by which the Forfeiture Threshold exceeds the Determination Date Shares.
Shortfall Shares means, as of any time of determination, the number of Shares equal to the quotient obtained by dividing (a) the excess of (i) the Purchase Price paid by the Stockholder over (ii) the Actual Bonus Amount, by (b) the Original Price Per Share.
Shortfall Shares means such number of KLN Shares as is equal to:

Examples of Shortfall Shares in a sentence

  • In the event that the Shortfall Shares to be subscribed for by a Participating Purchaser is determined to include fractional shares, such Participating Purchaser shall be permitted to purchase the number of shares determined by rounding such Participating Purchaser's allocated number of Shortfall Shares to the nearest whole number.

  • Any Shortfall Shares not so subscribed for pursuant to this Section 1.05(b) shall be subscribed for by ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ Strategic Partners Fund, L.P. and/or Strategic Associates, L.P. in proportions to be determined in the sole discretion of ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ & Company, LLC.

  • Change of Address: This booklet has been sent to every member for whom a current address is available.

  • If no Tranche B Shares became Vested Shares on a Determination Date, then there will be 469,965 Tranche B Shortfall Shares with respect to the Determination Date in question.

  • With respect to each Second Closing Certification, the Company will not be required to pay any Second Closing Shortfall Amount on Second Closing Shortfall Shares for which it has previously paid either a First Closing Shortfall Amount or a Second Closing Shortfall Amount.


More Definitions of Shortfall Shares

Shortfall Shares means New Shares for which successful valid applications have not been received by the Closing Date.
Shortfall Shares means those New Shares not taken up by Eligible Shareholders under the Entitlement Offer or the Shortfall Facility, as well as New Shares that are not able to be taken up by Ineligible Shareholders.
Shortfall Shares means New Shares and New Options for which successful valid applications have not been received by the Closing Date.
Shortfall Shares means the amount by which the Forfeiture Threshold exceeds the Determination Date Shares; and (C) the “Forfeiture Trigger Amount” shall mean a number of Public Shares equal to two percent (2%) of the Public Shares entitled to vote on the Business Combination.
Shortfall Shares means New Shares not taken up by Eligible Shareholders under the Entitlement Offer or Top Up Facility, as well as New Shares not able to be taken up by Ineligible Institutional Shareholders and Ineligible Retail Shareholders.
Shortfall Shares means the number of Shares in item 2 of the Schedule.
Shortfall Shares means those New Shares not validly applied for by Eligible Shareholders pursuant to their entitlement under the Entitlement Offer.