Cargill Stock Payment definition

Cargill Stock Payment means the issuance of Depositary Shares to Carg▇▇▇, ▇▇c. in connection with the stock payment to Carg▇▇▇, ▇▇c. contemplated by clause (B) of the second sentence of the third to last paragraph of the Cargill Letter.
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Cargill Stock Payment means the issuance of shares of Series A Non-Voting Convertible Preferred Stock underlying any depositary shares to be issued to Cargill, Inc. in connection with the stock payment to Cargill, Inc. contemplated by clause (B) of the second sentence of the third to last paragraph of the Cargill Letter.
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Examples of Cargill Stock Payment in a sentence

  • For purposes of this Section 2.3, the terms Backstop Commitment, Cargill Stock Payment, Class B Preferred Membership Interests, Common Membership Interests, Concurrent Private Placement and Preferred Membership Interests shall have the meanings assigned to them in the Rights Offering Letter Agreement.

  • For purposes of this Section 2.2, the terms Backstop Commitment, Cargill Stock Payment, Class B Preferred Membership Interests, Common Membership Interests, Concurrent Private Placement and Preferred Membership Interests shall have the meanings assigned to them in the Rights Offering Letter Agreement.

  • Concurrent with the issuance of Depositary Shares to Cargill in connection with the Cargill Stock Payment, the LLC will issue to the Corporation a number of Preferred Units equal to the number of Depositary Shares issued to Cargill and such issuance shall be reflected on the register of the LLC.