Maximum Number of Shares definition

Maximum Number of Shares is defined in Section 2.1.4.

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Maximum Number of Shares shall have the meaning specified in Section 2.1(d).

Maximum Number of Shares means that percentage that the Company may issue without shareholder approval under the applicable rules of the National Market or the applicable OTC Bulletin Board or equivalent entity, of the then issued and outstanding shares of Common Stock of the Company as of the applicable date of determination, or such greater number of shares as the stockholders of the Company may have previously approved.

Examples of Maximum Number of Shares in a sentence

In no event shall Company deliver a number of Restricted Shares greater than the Maximum Number of Shares.
Company shall not take any action to decrease the number of Available Shares below the Maximum Number of Shares.
Company represents and warrants to Dealer that the Maximum Number of Shares is equal to or less than the number of authorized but unissued Shares of Company that are not reserved for future issuance in connection with transactions in the Shares (other than the Transaction) on the date of the determination of the Maximum Number of Shares (such Shares, the “Available Shares”).
Notwithstanding anything to the contrary in this Master Confirmation, in no event shall Dealer be required to deliver any Shares, or any Shares or other securities comprising Alternative Delivery Units, in respect of any Transaction in excess of the Maximum Number of Shares set forth in the Supplemental Confirmation for such Transaction.
If we issue an Illiquid Shares Notice to an investment manager or other agent acting on your behalf and on behalf of another party or parties, the maximum aggregate amount of our commitment to all parties for whom such investment manager or other agent is acting will be equal to the Maximum Number of Shares.

Maximum Number of Shares means [•] shares of Common Stock, subject to adjustment as follows:

Maximum Number of Shares means, with respect to any underwritten offering, the maximum number of shares of Common Stock (including Registrable Shares) that the co-managing underwriters advise the Issuer can be included in such offering without having an adverse effect on such offering, including the price at which the shares can be sold.

Maximum Number of Shares means 2,500,000 Shares in this public offering.

Maximum Number of Shares means, with respect to a given Offering Period, a number of Shares equal to the quotient of (x) $25,000 divided by (y) the Fair Market Value of a Share on the Offering Date.

Maximum Number of Shares means 2,947,132 shares of Common Stock, subject to the following adjustments:

Maximum Number of Shares means an amount of Shares equal to the quotient of (x) $12,500 divided by (y) the Fair Market Value of a Share on the first day of the applicable Offering Period.

Maximum Number of Shares shall be (x) prior to the Share Reservation Date (if any), 4,574,884 Shares and (y) on and after the Share Reservation Date (if any), two times the product of the Number of Warrants as of the Trade Date, and the Warrant Entitlement.