Total Outstanding Securities definition
Examples of Total Outstanding Securities in a sentence
Total Outstanding Securities means the value of all Long Term Liabilities issued to date minus the value of the Long Term Liabilities which have matured or been extinguished by the Issuing Entity.
Subject to Section 1.5, the aggregate purchase price for the Total Outstanding Securities to be purchased pursuant to Section 1.1 (the “Purchase Price”) shall be (a) an amount in cash equal to the Actual Aggregate Cash Closing Consideration plus the Stock Consideration plus the Substitute Option Shares.
Varsity will promptly report to the Company after Varsity ceases to Beneficially Own shares of Common Stock representing at least 10% of the total voting power of the Total Outstanding Securities, such that Company is informed of when this obligation terminates.
The calculation of the number of Nominees that Varsity is entitled to nominate to the Board’s Slate for any election of Directors shall be based on the percentage of the total voting power of the Total Outstanding Securities Beneficially Owned by Varsity immediately prior to the mailing to shareholders of the Director Election Proxy Statement relating to such election (or, if earlier, the filing of the definitive Director Election Proxy Statement with the U.S. Securities and Exchange Commission).
As reflected in Note 12 to the audited financial statements, the net Certificate liability was reduced in 2020 by 14.42% to $31,606,333 andreflects a Certificate Discount of $13,893,617 31,606,333 Other: Accounts, interest and other 1,801,089 Total Unsecured 545,374,983 Total Outstanding Securities & Other Debt $ 545,374,983 2.
Turing EquityCo will promptly report to the Company after Turing EquityCo ceases to Beneficially Own shares of Common Stock representing at least 10% of the total voting power of the Total Outstanding Securities, such that Company is informed of when this obligation terminates.