Capital Stock Equivalent definition

Capital Stock Equivalent shall have the meaning set forth in Section 11(a)(iii) hereof.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Capital Stock Equivalent means any right, option, warrant or other security which may be exercised, converted or exchanged for (i) any Component, including the Warrants, but excluding any MMT Warrants or (ii) if the context expressly requires, any share of Capital Stock that is not a Component.

Capital Stock Equivalent means the shares of a corporation, the quotas of a limited liability company, any bonds, options, warrants or securities convertible into and/or exchangeable for shares or quotas, as well as any interest in other corporate types, consortiums, investment funds and associations of any nature.

Examples of Capital Stock Equivalent in a sentence

For purposes of this Section 14.3, the current market value shall be determined in the manner set forth in Section 11.4 hereof for the Trading Day immediately prior to the date of such exercise and, if such Capital Stock Equivalent is not traded, each such Capital Stock Equivalent shall have the value of one one-thousandth (1/1000th) of a share of Preferred Stock.
For purposes of this Section 14(c), the Current Market Value for the Trading Day immediately prior to the date of such exercise and, if such Capital Stock Equivalent is not traded, each such Capital Stock Equivalent shall have the value of the designated portion of a Common Share.
Section 1(e) Capital Stock Equivalent...................................
For purposes of this Section 14.3, the current market value shall be determined in the manner set forth in Section 11.4 hereof for the Trading Day immediately before the date of such exercise and, if such Capital Stock Equivalent is not traded, each such Capital Stock Equivalent shall have the value of one one-thousandth (1/1000th) of a share of Preferred Stock.
Section 1(e) Capital Stock Equivalent..................................
Section 1(e) Capital Stock Equivalent...............................
In lieu of fractional shares, the Company may pay to the registered holders of Right Certificates at the time such Right Certificates are exercised as herein provided an amount in cash equal to the same fraction of the current market value of one share of Capital Stock or Capital Stock Equivalent.
For purposes of this Section 14(b), the current market value of a share of Capital Stock or Capital Stock Equivalent shall be the closing price of a share of Capital Stock (as determined pursuant to the second sentence of Section 11(d)(ii) hereof) for the Trading Day immediately prior to the date of such exercise.
The Company has not issued any Capital Stock or Capital Stock Equivalent since its most recently filed periodic report under the Exchange Act except (i) as set forth on the Disclosure Certificate, (ii) for the issuance of shares of Common Stock to employees pursuant to the Company’s employee stock purchase plans and (iii) pursuant to the conversion and/or exercise of Capital Stock Equivalents outstanding as of the date of the most recently filed periodic report under the Exchange Act.
Section 1(e) Capital Stock Equivalent................................................................

More Definitions of Capital Stock Equivalent

Capital Stock Equivalent means any security that is directly or indirectly convertible, exercisable, or exchangeable into Capital Stock or Capital Stock Equivalents, and any other instrument or Contract which gives a counterparty the right to acquire Capital Stock or Capital Stock Equivalents.