Carbon Stock definition

Carbon Stock means the quantity of carbon contained in an identified GHG reservoir.
Carbon Stock means the mass of carbon stored in a carbon pool;
Carbon Stock means the total amount in tonnes of carbon contained in a Sequestration Pool at a given time.

Examples of Carbon Stock in a sentence

  • Each of the parties shall approve the 1999 Stock Option Plan of Carbon (the "Carbon Stock Option Plan") and the 1999 Restricted Stock Plan, both attached as Exhibit 1, and shall cause these Plans to be in effect prior to the BFC --------- Closing.

  • Carbon and Yorktown shall cause the Board of Directors of Carbon to approve and adopt the Carbon Stock Option Plan, Carbon's 1999 Restricted Stock Plan and the Employment Agreements.

  • Carbon shall grant under the Carbon Stock Option Plan substitute options for each option outstanding under the CEC Resources Ltd.

  • Concurrently with acquiring shares of Carbon as provided below, Yorktown shall, as a shareholder of Carbon, approve of the Carbon Stock Option Plan, Carbon's 1999 Restricted Stock Plan and the above-described Employment Agreements.

  • Borrower may at any time reduce the number of shares of Carbon Stock pledged to Lender pursuant to the Security Agreement but only if (a) Borrower shall make a corresponding proportionate reduction to the Commitment and (b) such reduction in the number of shares of Carbon Stock pledged would not cause the Borrowing Base to be less than 115% of the Commitment (after giving effect to the reduction to the Commitment).

  • In addition, in the event Lender elects to purchase all of the shares of Carbon Stock, upon consummation of the purchase of such shares, the Commitment Amount shall automatically be reduced to zero.

  • In the event the number of shares of Carbon Stock are not divisible exactly into the Share Funding Price, the parties shall agree to adjust the Share Funding Price accordingly.

  • The Obligations of Borrower under the Credit Documents shall be secured by the shares of Carbon Stock as more fully described in the Security Agreement (the "Collateral").

  • The Commitment Amount shall be reduced, on a dollar-for-dollar basis, by the aggregate purchase price of the shares of Carbon Stock.

  • The number of shares of Carbon Stock that would be purchased by Lender would be equal to (x) the principal amount of the Loan requested by Borrower that Lender elects to fund through the purchase of shares of Carbon Stock (as set forth in the Share Purchase Notice), divided by (y) the Share Price, determined as of the date of the Share Funding Notice.


More Definitions of Carbon Stock

Carbon Stock means the content of carbon in Carbon Pools within the Project Boundary.
Carbon Stock means any shares in Carbon held by Borrower and pledged to Lender from time to time pursuant to the Credit Documents, which on the date hereof is 76,376 shares.

Related to Carbon Stock

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

  • Shares means the interests of Shareholders corresponding to the redeemable securities of record issued by the Fund under the Investment Company Act of 1940 that are held by the Intermediary.

  • Common Stock means the common stock of the Company.

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

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

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

  • Common Stock Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Common Stock, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Common Stock.

  • Company Shares has the meaning set forth in the Recitals.

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

  • 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;

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).