FULLY DILUTED COMMON EQUITY

Example Definitions of "FULLY DILUTED COMMON EQUITY"
FULLY DILUTED COMMON EQUITY. On any date means the total number of shares of Common Stock of the Holding Company plus the total number of shares of Common Stock of the Holding Company into which convertible securities of the Holding Company or any of its Subsidiaries are exercisable which are outstanding on such date. 17 -15-
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