Share Minimum definition

Share Minimum means the minimum number of Shares established for a Participating Partner under the Partner Ownership Guidelines.
Share Minimum means that number of shares of Class A Common Stock equal to 10 percent of the number of shares of Class A Common Stock that are issued and outstanding following the determination of the VWAP Price and any subsequent closing of the Shoe. For the avoidance of doubt, in calculating the Share Minimum, the number of issued and outstanding shares of Class A Common Stock shall (i) not include in the numerator any unvested shares of Class A Common Stock held by such persons, but (ii) shall include in the denominator any unvested shares of Class A Common Stock that are outstanding.
Share Minimum means the number shares of Buyer Common Stock, priced by the Buyer Share Price, required to comprise at least fifty percent (50%) of the aggregate value of the Merger consideration received by shareholders of Tarpon for their Tarpon Common Stock and (ii) “Share Maximum” means 850,000 shares of Buyer Common Stock, subject to appropriate adjustment or adjustments in the event that Buyer shall declare a share dividend or distribution upon or subdivide, split up, reclassify or combine the Buyer Common Stock, or declare a dividend, or make a distribution, in any security convertible into Buyer Common Stock. For these purposes, cash and other property exchanged, or reasonably expected to be exchanged, for Tarpon Common Stock surrendered by the dissenters, paid, or reasonably expected to be paid, in lieu of receipt of fractional shares by shareholders of Tarpon and otherwise paid, or reasonably expected to be paid, to shareholders of Tarpon, in exchange for Tarpon Common Stock, shall be treated as Merger consideration.

Examples of Share Minimum in a sentence

  • The portion of the Minimum Royalties that MAKO must pay under a given one of the License Agreements is the difference between the sum of any amounts actually paid by MAKO pursuant to Section 4.1 under the License Agreement, and a Ratable Share Minimum Royalty that is otherwise due under the License Agreement.

  • The terms and conditions of any Clean-Up Spin-Off shall be as determined by the Company (provided that the aggregate number of shares of SpinCo Common Stock subscribed for in the Exchange Offer and distributed to the Company’s stockholders in the Clean-Up Spin-Off shall not be less than the Distribution Share Minimum or more than the Distribution Share Maximum) and shall comply with all Applicable Laws and the rules and regulations of NYSE.

  • Subject to Section 1.6(c) hereof, if the number of Buyer Common Stock to be issued in exchange for Tarpon Common Stock is equal to or greater than the Share Minimum, then all Tarpon Common Stock shall be converted into the right to receive cash and Buyer Common Stock in the proportion set forth in Section 1.4 of this Agreement.

  • In connection with the One-Step Spin-Off, no less than the Distribution Share Minimum (or more than the Distribution Share Maximum) of the shares of SpinCo Common Stock will be distributed to Record Holders in the manner determined by the Company and in accordance with Section 3.02.

  • Such Sale Notice shall describe in reasonable detail the terms of such proposed sale, including the then Applicable Share Minimum, the number of Series B Shares to be converted, the number of Warrants to be exercised and the number of shares of Common Stock to be sold (and, in such case, the proposed sale price).

  • In the event that Mill▇▇ ▇▇▇▇▇▇▇ ▇▇▇ls shares of Boyd ▇▇▇mon Stock on the open market during the five (5) calendar quarters immediately following the second anniversary of the Closing Date at a per share price which is less than $6.50 per share (the "Per Share Minimum Price") (as the same may be adjusted pursuant to Section 2.1.4 hereof), Boyd ▇▇▇ll pay to Welb▇▇▇ ▇▇▇ difference between the Per Share Minimum Price and the per share price at which such shares were sold on the open market.

  • In the event that during the five (5) calendar quarters immediately following the Restricted Period Stev▇▇ ▇▇▇▇▇▇ ▇▇▇ls shares of Boyd ▇▇▇mon Stock on the open market at a per share price which is less than the Per Share Minimum Price, Boyd shall pay to Rums▇▇ ▇▇▇ difference between the Per Share Minimum Price and the per share price at which such shares were sold on the open market.

  • Shares Total Subscription Amount: $ ($1.00 per Share) Minimum Subscription is $5,000 ☐ Savings from salary ☐ Inheritance ☐ Income from Investments ☐ Other: ☐ Income from operating business ☐ Income from investments ☐ Proceeds from investments/shareholders ☐ Other: Street Address City and Province Postal Code E-mail Address Registration Instructions: Complete following if the certificate(s) representing the Shares are to be registered other than in the Subscriber’s name.

  • The amount of each such payment shall be based upon the amount under the Earn-Out Formula which was earned during the calendar quarter year then ending; provided, however, that such payments shall be adjusted so that in no event shall the aggregate of such payments of Deferred Per Common Share Merger Consideration paid be less than the Per Share Minimum Aggregate Amount as of the Anniversary Date of the Closing set forth below (the "Per Share Minimum Aggregate Amount").

  • Securities Offered Series A Convertible Preferred Stock Share Purchase Price $34.10 per Share Minimum Subscription per Investor The minimum number of Shares that an investor may subscribe for is 7,332.


More Definitions of Share Minimum

Share Minimum means that number of BMO Shares, priced by averaging the high and low sales price of a BMO Share on the day of the Effective Time as reported on the New York Stock Exchange, required to comprise at least fifty percent (50%) of the aggregate value of the merger consideration received by shareholders of the Company for their Company Common Shares. For this purpose, cash and other property exchanged, or reasonably expected to be exchanged, for Company Common Shares surrendered by the dissenters, paid, or reasonably expected to be paid, in lieu of receipt of fractional shares by shareholders of the Company and otherwise paid, or reasonably expected to be paid, to shareholders of the Company, in exchange for Company Common Shares, shall be treated as merger consideration.

Related to Share Minimum

  • Economic Minimum means the lowest incremental MW output level, submitted to PJM market systems by a Market Participant, that a unit can achieve while following economic dispatch.

  • Expenditure minimum means:

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Share Value means $25.00 plus declared and unpaid dividends as at the date of the Trigger Event.

  • Minimum Quarterly Distribution means $0.35 per Unit per Quarter (or with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.35 multiplied by a fraction of which the numerator is the number of days in such period and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.