Fully Diluted

Fully Diluted. Shall mean, with respect to the Common Stock as of a particular time, the total number of outstanding shares of Common Stock as of such time as determined by treating (i) the shares issuable under the Warrants as having been issued and (ii) all outstanding and "in-the-money" and then exercisable Convertible Securities, as having been converted, exercised or exchanged and the shares issuable thereunder as having been issued.

Fully Diluted. Means the number of Common Shares outstanding at any time including any stock dividends which have been declared but not issued and assuming all securities which are convertible or exchangeable directly or indirectly into such Common Shares are converted or exchanged into Common Shares and all options, warrants or rights to acquire directly or indirectly such Common Shares shall be treated as if exercised;

Fully Diluted. The number of shares of voting capital stock entitled to vote for directors of the Company in a regular election taking into account the potential issuance of shares of voting capital stock upon: (a) conversion (or exchange) of any convertible (or exchangeable) securities, and (b) exercise of any options, warrants or other rights to purchase voting capital stock, and adjusted to reflect stock dividends, stock splits, combinations, and recapitalizations or similar events; provided that,... securities that are not then exercisable by their terms at the time of such determination will not be considered in determining the "fully diluted" equity of the Company. View More

Fully Diluted. The issued and outstanding share capital of the Purchaser or MANUKA, as the case may be, assuming the conversion of all options, warrants and/or any other convertibles into the securities of the respective Party, and including all obligations to grant any equity interest in the Purchaser or MANUKA (as applicable)