Common use of Issuance of Spinco Common Stock Clause in Contracts

Issuance of Spinco Common Stock. On or before the Distribution Date, in connection with the transfer of the Transferred Assets to the Spinco Companies and the assumption of the Assumed Liabilities by the Spinco Companies as provided in this Agreement, Spinco will issue and deliver to Parent a certificate representing a number of shares of Spinco Common Stock in an amount determined pursuant to Section 2.04(d) of the Merger Agreement.

Appears in 2 contracts

Samples: Separation Agreement, Separation Agreement (Lockheed Martin Corp)

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Issuance of Spinco Common Stock. On or before the Distribution Date, in connection with the transfer Transfer of the Transferred SpinCo Assets to the Spinco Companies and the assumption of the Assumed SpinCo Liabilities by the Spinco Companies as provided in this Agreement, Spinco SpinCo will issue and deliver to the Company 8,700,000,000 (or such other amount as the Company shall determine, subject to the consent of Parent a certificate representing a number of not to be unreasonably withheld, conditioned or delayed) shares of Spinco SpinCo Common Stock in an amount determined pursuant to Section 2.04(d) of the Merger Agreementbook-entry form.

Appears in 2 contracts

Samples: Distribution and Sale Agreement (Transportation Systems Holdings Inc.), Separation, Distribution and Sale Agreement (Westinghouse Air Brake Technologies Corp)

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Issuance of Spinco Common Stock. On or before the Distribution Date, in connection with the transfer Transfer of the Transferred SpinCo Assets to the Spinco Companies and the assumption Assumption of the Assumed SpinCo Liabilities by the Spinco Companies as provided in this Agreement, Spinco SpinCo will issue and deliver to Parent a certificate representing Citrix a number of shares of Spinco SpinCo Common Stock in book-entry form in an amount determined pursuant to Section 2.04(d2.04(f) of the Merger Agreement.

Appears in 2 contracts

Samples: Separation and Distribution Agreement (LogMeIn, Inc.), Separation and Distribution Agreement (Citrix Systems Inc)

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