Basket Stock definition

Basket Stock or “Underlying Stock” shall mean the common stock of each of Citigroup Inc., JPMorgan Chase & Co. and Morgan Stanley.
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Basket Stock means the common stock of AMR Corporation, Countrywide Credit Industries Inc. or Waste Management, Inc. "Basket Stocks" means all of such common stocks.
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Basket Stock or “Underlying Stock” shall mean the common stock of each of Micron Technology, Inc., ON Semiconductor Corporation and Intel Corporation.
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Examples of Basket Stock in a sentence

  • Each Reference Basket Stock shall be assigned a Basket Stock Exchange Ratio equal to the number of shares of such Reference Basket Stock with a Closing Price on the effective date of such Reorganization Event equal to the product of (a) the Non-Stock Exchange Property Value, (b) the Exchange Ratio in effect for the Underlying Stock on the Trading Day immediately prior to the effective date of such Reorganization Event and (c) 0.3333333.

  • The New Stock Exchange Ratio(s) or Basket Stock Exchange Ratios resulting from any Reorganization Event described in paragraph 5 above or similar adjustment under paragraph 4 above shall be subject to the adjustments set forth in paragraphs 1 through 5 hereof.

  • No adjustment to any Exchange Ratio (including for this purpose, any New Stock Exchange Ratio or Basket Stock Exchange Ratio) shall be required unless such adjustment would require a change of at least 0.1% in the Exchange Ratio then in effect.

  • In each case, the applicable Exchange Ratio (including for this purpose, any New Stock Exchange Ratio or Basket Stock Exchange Ratio) shall be determined by the Calculation Agent on the third Trading Day prior to the scheduled Maturity Date.

  • The Initial Price will not be adjusted, however, unless such Ex-Dividend Date occurs after the Trade Date and on or before the Calculation Date for which the Performance Rate of such Basket Stock will be determined.

  • If a Basket Stock is subject to a stock split or reverse stock split, then once such split has become effective, the Exchange Ratio for such Basket Stock shall be adjusted to equal the product of the prior Exchange Ratio and the number of shares issued in such stock split or reverse stock split with respect to one share of such Basket Stock.

  • A distribution on a Basket Stock described in clause (i), (iv) or (v) of paragraph 5 below that also constitutes an Extraordinary Dividend shall cause an adjustment to the Exchange Ratio pursuant only to clause (i), (iv) or (v) of paragraph 5, as applicable.

  • The number of shares per Basket Stock will not be adjusted, however, unless such Ex-Dividend Date occurs after the Trade Date and on or before the Final Valuation Date.

  • The ex-dividend date for any dividend or other distribution is the first day on which the relevant Basket Stock trades without the right to receive that dividend or distribution.

  • In the event a Reorganization Event occurs with respect to a Basket Stock, the Calculation Agent will adjust the method of calculation of the Closing Price for such Basket Stock so that it equals the value of the respective amounts of each type of Distribution Property deemed, for the purposes hereof, to be distributed in such Reorganization Event in respect of one share of such Basket Stock.


More Definitions of Basket Stock

Basket Stock or “Underlying Stock” shall mean the Class A common stock of Facebook, Inc., the common stock of Amazon.com, Inc., the common stock of Netflix, Inc. and the Class A common stock of Alphabet Inc.
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Basket Stock herein will be deemed to mean the following in respect of the applicable original Basket Stock, and for each share of Basket Stock, New Stock and/or Replacement Stock so deemed to constitute Basket Stock, the applicable Exchange Ratio will be equal to the applicable number indicated:
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Basket Stock or “Underlying Stock” shall mean the common stock of each of Lockheed Martin Corporation, Raytheon Company and The Boeing Company.
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Basket Stock means the common stocks of Altria Group, Inc., Ameren Corporation, American Electric Power Company Inc., AmSouth Bancorporation, Bank of America Corporation, Baxter International Inc., Caterpillar Inc., ChevronTexaco Corporation, Comerica Incorporated, ConocoPhillips, Delphi Corporation, Exxon Mobil Corporation, FleetBoston Financial Corporation, General Electric Company, H. J. Heinz Company, International Business Machines Corporation, J.P. Morgan Chase & Co., Keycorp, Merck & Co., Inc., Microsoft Corporation, Newell Rubbermaid Inc., NiSource Inc., Pfizer Inc., Pitney Bowes Inc., Sara Lee Corporation, SBC Communications Inc., Sears, Roebuck and Co., The Dow Chemical Company, Verizon Communications Inc. or Xcel Energy Inc., as applicable, and “Basket Stocks” means all of such common stocks, in each case subject to adjustment as provided in Section 4.
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Related to Basket Stock

  • Common Stock means the common stock of the Company.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Company Stock means, collectively, the Company Common Stock and the Company Preferred Stock.

  • Common Shares means the common shares in the capital of the Corporation;

  • Plan Shares means the total number of Common Shares which may be reserved for issuance as Optioned Shares under the Plan as provided in §2.2;

  • Equity Stock means all classes or series of capital stock of the Company authorized under the Charter, including, without limit, its common stock, $.001 par value per share, and preferred stock, $.001 par value per share.

  • Unit Shares means the Common Shares comprising part of the Units;

  • A Ordinary Shares means the A ordinary shares of £0.01 each in the capital of the Company;

  • UST Preferred Stock means the Issuer’s Fixed Rate Cumulative Perpetual Preferred Stock, Series [●].

  • Newco Stock means the common stock, par value $.01 per share, of Newco.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • New Ordinary Shares means the new Ordinary Shares arising on Conversion of the C Shares;

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

  • Company Shares means the common shares in the capital of the Company;

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

  • Escrowed Shares has the meaning set forth in Section 2.4.

  • Parent Stock means the common stock, par value $0.01 per share, of Parent.

  • Series E Preferred Stock means shares of the Company’s Series E Preferred Stock, par value $0.0001 per share.

  • Preferred Stock Equivalents shall have the meaning set forth in Section 11(b) hereof.

  • Amalco Common Shares means common shares in the capital of Amalco;

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Capital Shares means the Common Stock and any shares of any other class of common stock whether now or hereafter authorized, having the right to participate in the distribution of earnings and assets of the Company.

  • Dissent Shares means Company Shares held by a Dissenting Shareholder and in respect of which the Dissenting Shareholder has validly exercised Dissent Rights;

  • Excess Stock means Excess Stock as defined in Section 7.4 of the Company's Amended and Restated Articles of Incorporation.