Examples of BlackRock Common Stock in a sentence
MLIM Parent understands and agrees that the New BlackRock Common Stock and New BlackRock Preferred Stock to be issued as MLIM Consideration may not be Transferred or offered for Transfer or otherwise disposed of without registration under the Securities Act, except pursuant to an exemption from such registration, and without compliance with state, local and foreign securities Laws, in each case to the extent applicable.
MLIM Parent is acquiring the New BlackRock Common Stock and New BlackRock Preferred Stock to be issued as MLIM Consideration for investment and not with a view toward or for sale in connection with any distribution thereof in violation of any federal or state securities or “blue sky” Law, or with any present intention of distributing or selling such New BlackRock Common Stock or New BlackRock Preferred Stock in violation of any such Law.
As of such date, BlackRock issued additional shares of Old BlackRock Common Stock to certain Employee Stockholders, and the holders of such additional Old BlackRock Common Stock as well as the other holders of Old BlackRock Common Stock outstanding immediately prior to the date thereof became subject to the terms and conditions of the 1998 Stockholders Agreement.
The following terms and conditions should be included in all acquisition documents.All hardware, software, and services provided under this task order must be compliant with DHS 4300A DHS Sensitive System Policy and the DHS 4300A Sensitive Systems Handbook.
In the Exchange Agreement, dated March 31, 1998 (the "Exchange Agree ment"), XXX and the Employee Stockholders exchanged their shares of BFM Common Stock for shares of common stock, no par value, of BlackRock ("Old BlackRock Common Stock") on a one share for one share basis.
As a result of the BlackRock preferred stock currently held by Merrill Lynch and the new BlackRock preferred stock being issued to Merrill Lynch and PNC under the Exchange Agreements, PNC’s share of BlackRock Common Stock has been, and will continue to be, higher than its overall share of BlackRock’s equity and earnings.
Changes in BlackRock’s Common Stock price currently impact PNC’s net income directly, as PNC must mark-to-market its obligation to deliver shares of BlackRock Common Stock to provide a portion of the funding for BlackRock’s LTIP.
PNC’s percentage ownership of BlackRock Common Stock is expected to increase from 36.5% to 47%.
In the recapitalization, each outstanding share of Old BlackRock Common Stock will be changed and reclassified into shares of Class B Common Stock, par value $0.01 per share ("Class B Common Stock").
In the Exchange Agreement, dated March 31, 1998 (the "Exchange Agreement"), XXX and the Employee Stockholders exchanged their shares of BFM Common Stock for shares of common stock, no par value, of BlackRock ("Old BlackRock Common Stock") on a one share for one share basis.