Common use of Conditions to Delivery of Shares Clause in Contracts

Conditions to Delivery of Shares. Subject to Section 11.4 of the Plan and Section 3.5 hereof, the Shares deliverable hereunder, or any portion thereof, may be either previously authorized but unissued shares of Common Stock or issued shares of Common Stock which have then been reacquired by the Company. Such shares of Common Stock shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any Shares deliverable hereunder or portion thereof prior to fulfillment of all of the following conditions:

Appears in 6 contracts

Samples: Share Award Agreement (Spirit Airlines, Inc.), And Performance Share Award Agreement (Spirit Airlines, Inc.), And Performance Share Award Agreement (Spirit Airlines, Inc.)

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Conditions to Delivery of Shares. Subject to Section 11.4 of the Plan and Section 3.5 hereof, the Shares deliverable hereunder, or any portion thereof, may be either previously authorized but unissued shares of Common Stock or issued shares of Common Stock which have then been reacquired by the Company. Such shares of Common Stock Shares shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any Shares deliverable hereunder or portion thereof prior to fulfillment of all of the following conditions:

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Spirit Airlines, Inc.), Employment Agreement (Spirit Airlines, Inc.)

Conditions to Delivery of Shares. Subject to Section 11.4 of the Plan and Section 3.5 hereof, the Shares shares of Common Stock deliverable hereunder, or any portion thereof, may be either previously authorized but unissued shares of Common Stock or issued shares of Common Stock which have then been reacquired by the Company. Such shares of Common Stock shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any Shares shares of Common Stock deliverable hereunder or portion thereof prior to fulfillment of all of the following conditions:

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Spirit Airlines, Inc.)

Conditions to Delivery of Shares. Subject to Section 11.4 of the Plan and Section 3.5 2.6(b) hereof, the Shares deliverable hereunder, or any portion thereof, may be either previously authorized but unissued shares of Common Stock or issued shares of Common Stock which have then been reacquired by the Company. Such shares of Common Stock Shares shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any Shares deliverable hereunder or portion thereof prior to fulfillment of all of the following conditions:

Appears in 1 contract

Samples: Restricted Stock (Spirit Airlines, Inc.)

Conditions to Delivery of Shares. Subject to Section 11.4 of the Plan and Section 3.5 hereof, the Shares shares deliverable hereunder, or any portion thereof, may be either previously authorized but unissued shares of Common Stock or issued shares of Common Stock which have then been reacquired by the Company. Such shares of Common Stock shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any Shares shares deliverable hereunder or portion thereof prior to fulfillment of all of the following conditions:

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Spirit Airlines, Inc.)

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Conditions to Delivery of Shares. Subject to Section 11.4 of the Plan and Section 3.5 hereof, the Shares shares deliverable hereunder, or any portion thereof, may be either previously authorized but unissued shares of Common Stock or issued shares of Common Stock which have then been reacquired by the Company. Such shares of Common Stock shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any Shares shares of Common Stock deliverable hereunder or portion thereof prior to fulfillment of all of the following conditions:

Appears in 1 contract

Samples: Notice and Performance Share Award Agreement (Spirit Airlines, Inc.)

Conditions to Delivery of Shares. Subject to Section 11.4 of the Plan and Section 3.5 hereofPlan, the Shares deliverable shares of Common Stock issued hereunder, or any portion thereof, may be either previously authorized but unissued shares of Common Stock or issued shares of Common Stock which have then been reacquired by the Company. Such shares of Common Stock shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any Shares deliverable hereunder shares of Common Stock or portion thereof prior to fulfillment of all of the following conditions:

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Spirit Airlines, Inc.)

Conditions to Delivery of Shares. Subject to Section 11.4 of the Plan and Section 3.5 hereof, the Shares deliverable hereunder, or any portion thereof, may be either previously authorized but unissued shares of Common Stock or issued shares of Common Stock which have then been reacquired by the Company. Such shares of Common Stock shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any Shares deliverable hereunder or portion thereof prior to fulfillment of all of the following conditions:

Appears in 1 contract

Samples: And Performance Award Agreement (Spirit Airlines, Inc.)

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