Relevant Number definition
Examples of Relevant Number in a sentence
As full consideration for the sale, assignment, transfer and delivery of the Shares by the Shareholders to the Purchaser, and upon the terms and subject to all of the conditions contained herein, the Director Representative and the Purchaser shall cause the Parent Entity to issue and allot to the Shareholders the Relevant Number (as defined in the Confirmation) of Common Stock on a pro rata basis at the Closing.
On or before the Effective Time, Swiss HoldCo shall issue to the Surviving Company the Relevant Number of Swiss HoldCo Shares for delivery, upon occurrence of the Effective Time, to the holders of Common Shares entitled to such Swiss HoldCo Shares pursuant to Section 4(d) below.
The initial "Relevant Number" is one hundred (100) (as the same may be adjusted in accordance with subparagraph (e)(5) below).
The Relevant Number for each year is 150,000 until the amount of ACB for that year shall reach $300,000, and thereafter for that year the Relevant Number shall be 100,000.
The number of consecutive semi-annual instalments in relation to this First Facility Letter shall be 20 (the Relevant Number).