Common Stock Dividend definition
Examples of Common Stock Dividend in a sentence
The Corporation hereby agrees that during the period that this Warrant is outstanding, the Corporation will reserve from its authorized and unissued Common Stock and other securities, solely for the purpose of providing for the exercise of the rights to purchase all Warrant Shares granted pursuant to this Warrant, such number of shares of Common Stock, Dividend Securities and Rights to permit the exercise in full of this Warrant.
The Dividend Payment Notice is hereby deemed to evidence the assignment by Management Stockholder of its right to receive the AWA Common Stock Dividend pursuant to Section 1.2 hereof.
Management Stockholder shall have delivered to Coinmach Laundry written notice substantially in the form attached hereto as Exhibit A (the "Dividend Payment Notice"), directing and authorizing Coinmach Laundry to pay to the Company on the Closing Date all of the AWA Common Stock to which Management Stockholder is entitled pursuant to the AWA Common Stock Dividend.
Whenever a dividend or Distribution provided for in this Section 2 shall be payable in property other than cash (other than a Common Stock Dividend), the value of such dividend or Distribution shall be deemed to be the fair market value of such property as determined in good faith by the Board.
If the Company pays a dividend or makes a distribution on the Common Stock ("Dividend"), other than a cash dividend or a stock dividend payable in shares of Common Stock, then the Company will pay or distribute to Registered Holder, upon the exercise hereof, in addition to the Warrant Shares purchased upon such exercise, the Dividend which would have been paid to such Registered Holder if it had been the owner of record of such warrant Shares immediately prior to the date on which a.