Common Stock Payment definition

Common Stock Payment means any payment on account of the purchase, redemption, retirement or acquisition of (i) any shares of the Company's common stock or (ii) any option, warrant or other right to acquire shares of the Company's common stock; provided that, if pursuant to the Company's stock option plans, an optionee surrenders shares of the Company's common stock in payment of the exercise price of options then being exercised by such optionee, the acquisition by the Company of the shares so surrendered shall not constitute a "Common Stock Payment".
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Common Stock Payment shall have the meaning as set forth in Section 1.1 of the Agreement.
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Common Stock Payment has the meaning set forth in Section 2.02(a).
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Examples of Common Stock Payment in a sentence

  • Each of the Company and Parent shall take all reasonably necessary action on its part such that the issuance of Parent Common Stock Payment Shares and Parent Preferred Stock Payment Shares pursuant to this Agreement constitutes a transaction exempt from registration under the Securities Act in compliance with Rule 506 of Regulation D promulgated thereunder.

  • The affirmative vote of a majority of the votes cast at the Parent Stockholders’ Meeting by the holders of Parent Common Stock (other than the Parent Common Stock Payment Shares to be issued at Closing pursuant to this Agreement) are the only vote of the holders of any class or series of Parent’s capital stock necessary to approve the proposal described in Section 4.2(a)(i) (“Required Parent Stockholder Vote”).

  • The Company and Parent acknowledge that, under the Nasdaq Stock Market Rules, the Parent Common Stock Payment Shares and the Parent Preferred Stock Payment Shares will not be entitled to vote on the Preferred Stock Conversion Proposal.

  • Each award of a Common Stock Payment shall be evidenced by an agreement which shall reflect the terms and conditions of the Common Stock Payment and such additional terms and conditions as may be determined by the Board or the Committee.

  • In the event that any Common Stock Payment Condition is not satisfied as of the applicable Dividend Payment Date and each such Trading Day, the Company shall not be permitted to exercise the Common Stock Dividend Option and must pay all amounts due on such Dividend Payment Date in cash by wire transfer of immediately available funds.

  • Notwithstanding anything to the contrary in this Note, the Borrower shall make a Cash Payment in lieu of any fractional share that the Borrower would otherwise be required to issue and deliver to the Lender pursuant to any Common Stock Payment.

  • Accordingly, as soon as practicable prior to the Closing Date and based on the certification referred to above, Buyer and Sellers' Representative shall jointly calculate (a) the Initial Per Share Amount, (b) the Option Payment Amount and the Aggregate Option Payment Amount, and (c) the Initial Aggregate Common Stock Payment Amount.

  • After teaching for a short time in the US, Yunus returned home and became head of the Economics Department at Chittagong University.

  • For purposes of a Common Stock Payment, registered shares shall be deemed to be shares of Common Stock that are registered for resale under the Securities Act of 1933, as amended, upon receipt of such shares by the Lender.

  • In the event that the Borrower elects to make any payment of principal in the form of a Common Stock Payment, the Borrower shall issue and deliver to the Lender, promptly after the Maturity Date, a certificate or certificates representing in the aggregate the number of shares of Common Stock required to be issued to the Lender pursuant to such Common Stock Payment.


More Definitions of Common Stock Payment

Common Stock Payment means the conversion and payments made to the holders of Company Common Stock pursuant to Section 2.6(b).
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Common Stock Payment means the conversion and payments made to the holders of Company Common Stock pursuant to S ection 2.6(b).
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Common Stock Payment. As used herein, "BUYER'S CLOSING BID PRICE" shall mean the average closing bid price reported on the Nasdaq National Market System for Buyer's Common for the five (5) trading days immediately preceding the Closing Date, provided that Buyer's Closing Bid Price shall be deemed to be not more than Two and 75/100 Dollars ($2.75) per share. The number of shares of Buyer's Common delivered hereunder shall be rounded to the nearest whole share and Buyer shall not issue any fractional shares in connection with the Common Stock Payment. Buyer shall deliver valid title to Buyer's Common, free and clear of all Liens; provided, however, that Buyer's Common shall be restricted stock within the meaning of the Securities Act of 1933, as amended (the "SECURITIES ACT"), and shall bear the restrictive legends set forth on EXHIBIT C. Each Seller agrees to deliver to Buyer at the Closing a subscription agreement and confidential purchaser questionnaire (a "SUBSCRIPTION AGREEMENT") in substantially the form attached hereto as EXHIBIT D. Sxxxxxx xxxll be granted those registration rights with respect to the shares of Buyer's Common received as the Common Stock Payment as set forth in the form of registration agreement attached hereto as EXHIBIT E (the "REGISTRATION AGREEMENT").
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Common Stock Payment means the quotient obtained by dividing (x) the Base Purchase Price by (y) the Fully Diluted Number.
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Common Stock Payment is defined in Section 3.01. --------------------
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Related to Common Stock Payment

  • Stock Payment means (a) a payment in the form of shares of Stock, or (b) an option or other right to purchase shares of Stock, as part of any bonus, deferred compensation or other arrangement, made in lieu of all or any portion of the compensation, granted pursuant to Article 8.

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • Common Stock Dividend means a stock dividend declared and paid on the Common Stock that is payable in shares of Common Stock.

  • Common Stock Price means, with respect to the Company and each of the Peer Companies, as of a particular date, the average of the Fair Market Value over the 15 consecutive trading days ending on, and including, such date (or, if such date is not a trading day, the most recent trading day immediately preceding such date); provided, however, that if such date is the date upon which a Transactional Change of Control occurs, the Common Stock Price of a share of common stock as of such date shall be equal to the fair value, as determined by the Committee, of the total consideration paid or payable in the transaction resulting in the Transactional Change of Control for one share of Common Stock.

  • Deferred Stock means a right to receive a specified number of shares of Stock during specified time periods pursuant to Article 8.

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Share Payment means (a) a payment in the form of Shares, or (b) an option or other right to purchase Shares, as part of any bonus, deferred compensation or other arrangement, made in lieu of all or any portion of the compensation, granted pursuant to Article 8.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Common Share means one share of the common stock of the Company.

  • Common Stock Equivalent means any Convertible Security or warrant, option or other right to subscribe for or purchase any Additional Shares of Common Stock or any Convertible Security.

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • 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.

  • Dividend Equivalent Unit means the right to receive a payment, in cash or Shares, equal to the cash dividends or other cash distributions paid with respect to a Share.

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Distribution Equivalent Right means an Award granted under Article XIII of the Plan which entitles the Holder to receive bookkeeping credits, cash payments and/or Share distributions equal in amount to the distributions that would have been made to the Holder had the Holder held a specified number of Shares during the period the Holder held the Distribution Equivalent Right.

  • Class A Common Stock means the Class A Common Stock, par value $.01 per share, of the Company.

  • Class V Common Stock means the Class V common stock, par value $0.0001 per share, of the Corporation.

  • Class B Common Stock means the Class B common stock, par value $0.0001 per share, of the Company.

  • Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.

  • Common Share Price means the volume weighted average per share trading price of the Common Shares on the TSX for the 10 consecutive Trading Day period ending on the Trading Day immediately before the occurrence of a Trigger Event, or if the Common Shares are not then listed on the TSX, the principal stock exchange on which the Common Shares are then listed or quoted (being the stock exchange with the greatest volume of trading in the Common Shares during the previous six months), or if such shares are not listed or quoted on any stock exchange, or if no such trading prices are available, the Floor Price.

  • Share Unit means either an RSU or a PSU, as the context requires.