Available Stock definition
Examples of Available Stock in a sentence
If Executive is no longer employed by the Company or any of its Subsidiaries as a result of Executive's termination for Cause, then within one year after the Termination Date, the Company may elect to purchase all or any portion of the Executive Securities (collectively, the "Available Stock"), at a price per share equal to the lower of the Fair Market Value thereof and the Original Value thereof.
The Company may elect to exercise the right to purchase all or any portion of the Eligible Stock or the Available Stock, as the case may be, by delivering written notice (the "Repurchase Notice") to the holder or holders of such Executive Securities.
If, after the expiration of the offering pe1iod set forth in this Section 5.l(c), any Available Stock is not purchased by the Participating Stockholders, then the Participating Stockholders shall have the right to purchase such remaining Available Stock in an amount proportionate to each Participating Stockholder’s Stockholder Ownership.
The Seller may issue Offers on these Products and shall provide the following information : - Indicative Price - Available Stock - The sales price excluding VAT - The Award Motto - The Incoterm - The loading port - Product Certifications The Seller shall also communicate all legal and regulatory details applicable to its sale through his profile or any means of communication: his General Conditions of Sale.
For purposes of this Section, Total ASARCO Available Stock equals (A) the number of shares of ASARCO Common Stock exchanged in the ASARCO Offer plus the number of shares of ASARCO Common Stock to be converted in the ASARCO Merger, multiplied by (B) 0.25133120.