UNDELIVERED NEW COMMON SHARES Sample Clauses

UNDELIVERED NEW COMMON SHARES. Pending the distribution of any New Common Shares, Xxxxx Fargo will cause all of the New Common Shares held by it in its capacity as Disbursing Agent, whether held in certificated form or through electronic entry on the books and records of Xxxxx Fargo, as stock transfer agent, to be represented in person or by proxy at each meeting of the shareholders of the Company and voted in any election of directors of the Company for the nominees recommended by the board of directors of the Company, unless, with respect to any New Common Shares to be distributed to holders of Allowed Class 7 Claims ("Undelivered Class 7 Shares"), the Plan Committee directs Xxxxx Fargo, within two business days prior to the deadline published in the balloting materials related to such vote, to vote such shares in proportion to the votes cast or abstentions claimed by all other shareholders eligible to vote in such election, and, with respect to any other matter, as recommended by the board of directors of the Company unless, with respect to any Undelivered Class 7 Shares, the Plan Committee directs Xxxxx Fargo to vote such shares in proportion to the votes cast or abstentions claimed by all other shareholders eligible to vote on such matter.
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Related to UNDELIVERED NEW COMMON SHARES

  • Common Shares 4 Company...................................................................................... 4

  • Listing of Additional Shares The filing with the Nasdaq National Market of a Notification Form for Listing of Additional Shares with respect to the shares of Acquiror Common Stock issuable to holders of Target Common Stock and Target stock options in connection with the Merger shall have been made.

  • Reservation of Common Shares As of the date hereof, the Company has reserved and the Company shall continue to reserve and keep available at all times, free of preemptive rights, a sufficient number of Common Shares for the purpose of enabling the Company to issue Shares pursuant to this Agreement and Warrant Shares pursuant to any exercise of the Warrants.

  • Deemed Issue of Additional Shares of Common Stock (a) If the Corporation at any time or from time to time after the Series A-2 Original Issue Date shall issue any Options or Convertible Securities (excluding Options or Convertible Securities which are themselves Exempted Securities) or shall fix a record date for the determination of holders of any class of securities entitled to receive any such Options or Convertible Securities, then the maximum number of shares of Common Stock (as set forth in the instrument relating thereto, assuming the satisfaction of any conditions to exercisability, convertibility or exchangeability but without regard to any provision contained therein for a subsequent adjustment of such number) issuable upon the exercise of such Options or, in the case of Convertible Securities and Options therefor, the conversion or exchange of such Convertible Securities, shall be deemed to be Additional Shares of Common Stock issued as of the time of such issue or, in case such a record date shall have been fixed, as of the close of business on such record date.

  • Company Stock The Certificates and stock powers, duly endorsed, transferring the Company Stock to Subsidiary and the officer and director resignations required in Section 4.6;

  • Reservation of Class A Ordinary Shares The Company shall at all times reserve and keep available a number of its authorized but unissued Class A ordinary shares that shall be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this Agreement.

  • Shares The term “

  • Changes in Common Stock or Preferred Stock If, and as often as, there is any change in the Common Stock or the Preferred Stock by way of a stock split, stock dividend, combination or reclassification, or through a merger, consolidation, reorganization or recapitalization, or by any other means, appropriate adjustment shall be made in the provisions hereof so that the rights and privileges granted hereby shall continue with respect to the Common Stock or the Preferred Stock as so changed.

  • Issuance of Additional Shares of Common Stock (i) In the event the Issuer shall at any time following the Original Issue Date issue any Additional Shares of Common Stock (otherwise than as provided in the foregoing subsections (a) through (c) of this Section 4), at a price per share less than the Warrant Price then in effect or without consideration, then the Warrant Price upon each such issuance shall be adjusted to that price determined by multiplying the Warrant Price then in effect by a fraction:

  • Common Stock 1 Company........................................................................1

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