Unissued Shares definition

Unissued Shares means shares of Voting Stock not outstanding that are subject to options, warrants, rights to purchase or conversion privileges exercisable within 60 days of the date of determination of a Change in Control. Notwithstanding anything to the contrary set forth in this Section 3.8, a Change in Control will not be deemed to have occurred if either:

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Unissued Shares means shares of Voting Stock not outstanding that are subject to options, warrants, rights to purchase or conversion privileges exercisable within 60 days of the date of determination of a Change in Control.

Unissued Shares means shares which the corporation is authorized to issue but which have not yet been distributed to shareholders or subscribers.

Examples of Unissued Shares in a sentence

• At a Closing Date upon exercise of a Calculated Cash Option or Cash Option (as provided in Section 3.1(c) above), the Company will sell, and the Purchaser will purchase, subject to satisfaction or waiver of the conditions to closing set forth in Sections 6 and 7 below, the number of Shares equal to the Calculated Unissued Shares or the Unissued Share Balance (as the case may be).

• The Un-issued Shares shall each have a deemed value equal to the closing price of IMA’s shares on the TSX Venture Exchange as of the third anniversary date of this Agreement (the “Deemed Share Value”).

• At such time as there are sufficient authorized shares for issuance to the U-Vend Security Holders, Internet Media shall issue the Unissued Shares within 10 business days of such increase in its authorized shares.

• In order to allow for the subsequent issuance of the Unissued Shares to the U-Vend Security Holders, Internet Media shall, within 90 days after the Closing Date, either reverse split its common stock or increase its authorized shares of common stock, such that there will be sufficient shares of its common stock authorized for issuance in order to satisfy the issuance of the Unissued Shares.

• Upon confirmed receipt of the purchase price therefor, Kronos' board of directors shall cause certificates representing that number of Unissued Shares purchased by TSET pursuant to the Share Purchase Right to be issued and delivered to TSET in such denominations as TSET may request.

More Definitions of Unissued Shares

Unissued Shares means shares of capital stock of the Company not outstanding that are subject to options, warrants, rights to purchase or conversion privileges exercisable within 60 days following the date of determination of a Change in Control and that, upon issuance, shall entitle the holders thereof to vote generally in the election of directors.

Unissued Shares has the meaning specified in Section 3.12(a).

Unissued Shares means shares of Voting Stock not outstanding that are subject to options, warrants, rights to purchase or conversion privileges exercisable within 60 days of the date of determination of a Change in Control. Notwithstanding anything to the contrary in this Section 601, a Change in Control shall not be deemed to have occurred if either (i) the closing price (as defined in Section 502(e)) of the Common Stock for any five Trading Days during the ten Trading Days immediately preceding the Change in Control is at least equal to 105% of the Conversion Price in effect on such day; or (ii) in the case of a merger or consolidation, all of the consideration excluding cash payments for fractional shares in such merger or consolidation constituting the Change in Control consists of common stock traded on a United States national securities exchange or quoted on the Nasdaq (or which will be so traded or quoted when issued or ex changed in connection with such Change in Control) and as a result of such transaction or transactions the Notes become convertible solely into such common stock.

Unissued Shares means (i) any available shares under the Prior Plans as of the date of termination of the Prior Plans, (ii) shares subject to options under the Prior Plans that expired or terminated for any reason without having been fully exercised and (iii) shares of Restricted Stock that are forfeited under the Prior Plans.

Unissued Shares means unissued shares by reference to the authorised share capital as set out in Bye-law 4.1 or as such authorised share capital may be amended from time to time in accordance with the Act;

Unissued Shares means shares of Voting Stock not outstanding that are subject to options, warrants, rights to purchase or conversion privileges exercisable within 60 days of the date of determination of a Change in Control. Notwithstanding anything to the contrary set forth in this Section 3.1, a Change in Control under (1) or (2) above will not be deemed to have occurred if in the case of a merger or consolidation, all of the consideration (excluding cash payments for fractional shares and cash payments pursuant to dissenters’ appraisal rights) in the merger or consolidation constituting the Change in Control consists of common stock traded on a United States national securities exchange or listed on the Nasdaq Global Market (or which will be so traded or listed when issued or exchanged in connection with such Change in Control) and as a result of such transaction or transactions the Securities become convertible solely into such common stock.

Unissued Shares means shares in the registered (authorised) but not issued share