XXX STOCK Sample Clauses

XXX STOCK. The Merger and its approval by the stockholders of INT'X.xxx and the execution of this Agreement will be deemed, at the Effective Time, to constitute full satisfaction and termination of all rights and agreements pertaining to INT'X.xxx Stock pursuant to the DGCL, by contract or otherwise, except for any rights pertaining to this Agreement. After the Effective Time, there will be no transfers on the stock transfer books of INT'X.xxx of INT'X.xxx Stock or exercises of any options, warrants or other rights to acquire INT'X.xxx Stock. Prior to or upon Closing, INT'X.xxx will cause rights to purchase or acquire INT'X.xxx Stock other than the Outstanding INT'X.xxx Options assumed pursuant to Section 2.7 below to either be exercised or canceled. Until surrendered to Parent, each certificate for INT'X.xxx Stock will, after the Effective Time, represent only the right to receive the right to receive cash and Parent Merger Shares into which the shares of INT'X.xxx Stock formerly represented thereby will have been converted pursuant to this Agreement. Any dividends or other distribution declared after the Effective Time with respect to Parent Common Stock will be paid to the holder of any certificate for shares of INT'X.xxx Stock when the holder thereof is entitled to receive a certificate for such holder's Parent Merger Shares in accordance with this Agreement.
AutoNDA by SimpleDocs
XXX STOCK. (e) The Subscriber understands that the Issuer has a limited operating history and that investment in the Xxxxxxxxxx.xxx Stock involves a high degree of risk which could result in a complete loss of its investment.
XXX STOCK. The Merger and its approval by the stockholders of INT'X.xxx and the execution of this Agreement will be deemed, at the Effective Time, to constitute full satisfaction and termination of all rights and agreements pertaining to INT'X.xxx Stock pursuant to the DGCL, by contract or otherwise, except for any rights pertaining to this
XXX STOCK. 3.1 As of the Effective Date, Xxxxx.xxx agrees, in variation of Clause 2.1(b) of the Registration Rights Agreement, that the Second Lock-up Period in relation to the Consideration Stock and the Escrow Stock shall expire on 4 March 2001 in place of 4 September 2001.
XXX STOCK. On the Closing Date, shares of Xxxx.xxx Stock will constitute stock of Cendant for purposes of the Internal Revenue Code of 1986, as amended.

Related to XXX STOCK

  • Xxxxx Stock The Company agrees that it will use commercially reasonable efforts to prevent the Company from becoming subject to Rule 419 under the Securities Act prior to the consummation of any Business Combination, including, but not limited to, using its best efforts to prevent any of the Company’s outstanding securities from being deemed to be a “xxxxx stock” as defined in Rule 3a51-1 under the Exchange Act during such period.

  • 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;

  • Shares The term “

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

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

  • Fractional Shares of Common Stock (a) The Company shall not issue fractions of Warrants or distribute Warrant Certificates which evidence fractional Warrants. Whenever any fractional Warrant would otherwise be required to be issued or distributed, the actual issuance or distribution shall reflect a rounding of such fraction to the nearest whole Warrant (rounded down).

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

  • Shares of Stock A share of common stock of a U.S. corporation is analogous to an ordinary share of an Australian Corporation. Each holder of a share of common stock is entitled to one vote for every share held. The shares of Stock are traded on Cboe BZX in the United States of America under the symbol “CBOE”. Shares of Stock are not liable to any further calls for payment of capital or for other assessment by the Corporation and have no sinking fund provisions, pre-emptive rights, conversion rights or redemption provisions.

  • Ordinary Shares The Ordinary Shares included in the Units have been duly authorized and, when issued and delivered against payment for the Offered Securities by the Underwriters pursuant to this Agreement and registered in the Company’s register of members, will be validly issued, fully paid and non-assessable. The holders of such Ordinary Shares are not and will not be subject to personal liability by reason of being such holders; such Ordinary Shares are not and will not be subject to any preemptive or other similar contractual rights granted by the Company.

  • Shares of Common Stock The Company shall have duly reserved the number of Underlying Shares required by this Agreement and the Transaction Documents to be reserved upon the exercise of the Warrants or the conversion of the shares of Preferred Stock acquired by the Purchaser on the First Closing Date;

Time is Money Join Law Insider Premium to draft better contracts faster.