Stock Exchange. Listing The listing or trading of any shares or debt securities on any stock exchange or market. None. None.
Stock Exchange. The Corporation shall have not received a notice from the TSX that it intends to delist the Corporation.
Stock Exchange. 8 Subsidiary.................................................................. 8 Trustee..................................................................... 8
Stock Exchange. The term “Stock Exchange” shall mean the national securities exchange or automated quotation system on which any class or series of outstanding shares of Capital Stock are listed or traded.
Stock Exchange. At Closing (as hereinafter defined), the stockholders of Matrix listed on Schedule I (the "Stockholders") will deliver to Avtel 3,484,260 properly endorsed, unencumbered Matrix common shares (the "Stock"), representing 100% of the outstanding Matrix common stock, in exchange for 34,590,049 shares of common stock of Avtel (such numbers to be adjusted to give effect to the Merger and Reverse Stock Split (defined below)), which will not be registered under the Securities Act of 1933, as amended.
Stock Exchange. No certificates for fractional Common Shares shall be issued or delivered in connection with the transaction contemplated by this Agreement. To the extent that a fractional Common Share would otherwise have been deliverable under the formula set out in the preceding portion of this Section 3(a), Seller shall be entitled to receive a cash payment therefor in an amount equal to the value (determined with reference to the closing price of Common Shares as reported on the New York Stock Exchange Composite Tape on the last full Trading Day immediately prior to the Closing Date) of such fractional interest. Such payment with respect to fractional shares is merely intended to provide a mechanical rounding off of, and is not separately bargained for, consideration. Within five (5) business days following the execution of this Agreement, Buyer shall open an escrow account (the "Earnxxx Xxxey Escrow") with First American Title Insurance Company, Troy, Michigan Office, Commercial Advantage Division (the "Title Company") and deposit of One Hundred Thousand Dollars ($100,000) (the "Earnxxx Xxxey Deposit")
Stock Exchange. 51 6.8 Publicity....................................................................................... 51 6.9
Stock Exchange. Purchaser shall purchase the Stock by exchanging one (1) share of Purchaser's voting common stock for each share of Sellers' Stock.
Stock Exchange. If with respect to any tender of L.P. Units pursuant to this Agreement, the Company makes the Stock Election, then within twenty (20) days after such tender the Company shall deliver to the tendering holder one share of Common Stock for each L.P. Unit validly tendered pursuant to the provisions of this Agreement, as adjusted pursuant to Section 7.
