Examples of AIMCO Common Stock in a sentence
All outstanding shares of AIMCO Common Stock and AIMCO Preferred Stock are validly issued, fully paid and nonassessable and are not subject to preemptive rights.
AIMCO shall cause all such shares of AIMCO Common Stock issued pursuant to the Merger to be duly authorized, validly issued, fully paid and nonassessable and not subject to preemptive rights.
Notwithstanding any other provision of this Agreement, no fractional shares of AIMCO Common Stock will be issued, and any IPT Shareholder entitled to receive a fractional share of AIMCO Common Stock but for this Section 2.4 will be entitled to receive a cash payment in lieu thereof equal to such shareholder's proportionate interest in a share of AIMCO Common Stock multiplied by the AIMCO Reference Price as of the Effective Time.
Shares of AIMCO Common Stock issued in the Merger shall be issued as of, and be deemed to be outstanding as of, the Effective Time.
However, the literal printing of banknotes does not necessarily mean an increase in the overall cash in the economy by the same quantum.
Upon consummation of the Merger and issuance of shares of AIMCO Common Stock which comprise all or a part of the Merger Consideration, all such shares will be validly issued, fully paid and nonassessable and will not be subject to preemptive rights.
The approval of this Agreement, the Merger and the other transactions contemplated hereby, including without limitation, the issuance and listing on the NYSE of the AIMCO Common Stock to be issued in the Merger, does not require the vote of the holders of any class or series of the capital stock of AIMCO or any of its Subsidiaries.
Appropriate procedures shall be established by AIMCO and the Paying Agent so that each holder of a Certificate at the Effective Time shall be entitled to vote on all matters subject to the vote of holders of AIMCO Common Stock with a record date on or after the date of the Effective Time, whether or not such Certificate holder shall have surrendered Certificates in accordance with the provisions of this Agreement.
As of the date hereof, the authorized stock of AIMCO consists of 486,027,500 shares of AIMCO Common Stock, 262,500 shares of Class B Common Stock, par value $.01 per share ("AIMCO Class B Common Stock") and 24,460,000 shares of Preferred Stock, par value $.01 per share ("AIMCO Preferred Stock").
If the Merger Consideration is to be comprised in whole or in part of AIMCO Common Stock, IPT shall have received a certificate signed by the President of AIMCO, dated as of the Closing Date, to the effect that, to the best of such officer's knowledge, the conditions set forth in Sections 7.2(b) and (c) have been satisfied.