Control Stock definition

Control Stock means the block of shares that directly or indirectly ensures its holders the individual and/or shared exercise of the Controlling Power of the Company;
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Control Stock means shares of the equity securities of Persons organized under the laws of the United States, any State thereof or the District of Columbia (i) which are publicly traded in the United States and listed on a national securities exchange in the United States, (ii) which have ordinary voting power for the election of members of the board of directors or other equivalent management body of such Person, and (iii) of which, on the relevant date, the Borrower owns, beneficially and of record, and controls the power to vote 10% or more of the aggregate outstanding voting common shares of such issuer.
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Control Stock means common stock issued by a corporation organized under the laws of the United States, any State thereof or the District of Columbia, which stock is publicly traded in the United States and listed on a national securities exchange in the United States and of which the Company or 250 Rodeo owns, beneficially and of record, and controls the power to vote 10% or more of the aggregate outstanding voting common shares of such issuer.
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Examples of Control Stock in a sentence

  • For purposes of this Section 7, the Trustee’s determination of the Change of Control Stock Value of a Participant in the Trust shall be binding and conclusive.

  • Following the receipt of the Trustee Notice, the Company shall, within three (3) business days following the Company’s receipt of such Trustee Notice, make a cash payment to the Trustee equal to the Change of Control Stock Value of such Shares against delivery of such Shares by the Trustee to the Company.

  • For each Company Fiscal Year, after a Change in Control (prorated for partial Company Fiscal Years), the Executive will be provided with an annual Stock-Based Award with a value equal to at least 30% of his then-current Base Salary ("Change in Control Stock Based Award").

  • Prior to the Closing, OCG shall take such actions as are necessary to retire the classes of OCG Control Stock designated "Series A Preferred Stock" and "Series B Preferred Stock," respectively, so that neither such class of shares shall be authorized as of the Closing.

  • Dock Stock Receivers, Produce Inspectors, Grocery Inventory Control Stock Replenishers, Dock Tow- Line Fork Lift Operators.

  • Following the receipt of the Trustee Notice, the Company shall, within three (3) business days following the Company's receipt of such Trustee Notice, make a cash payment to the Trustee equal to the Change of Control Stock Value of such Shares against delivery of such Shares by the Trustee to the Company.

  • For purposes of this Section 7, the Trustee's determination of the Change of Control Stock Value of a Participant in the Trust shall be binding and conclusive.

  • Notwithstanding anything to the contrary contained herein, this Section 9.3 shall not obligate, and shall not be interpreted to obligate, any of the holders of the Control Stock to take any action to the extent such obligation would result in a change in beneficial ownership of any of the Control Stock prior to the Closing.

  • Notwithstanding the foregoing, upon a Change in Control Stock Purchase Rights shall be subject to the terms of the ESPP Addendum.

  • The Purchaser has acquired the ------------------------- Control Stock (as defined in the ▇▇▇▇▇▇▇▇▇ Purchase Agreement) from the Robertsons pursuant to the ▇▇▇▇▇▇▇▇▇ Purchase Agreement.


More Definitions of Control Stock

Control Stock means that stock in the Corporation that, except for this Section 12, would, if aggregated with all other stock in the Corporation (including stock in the Corporation the acquisition of which is excluded from the definition “Control Stock Acquisition” below) owned by a Person or in respect of which that Person is entitled to exercise or direct the exercise of voting power, except solely by virtue of a revocable proxy, entitle that Person, directly or indirectly, to exercise or direct the exercise of the voting power of any class or series of stock in the Corporation within any of the following ranges of voting power:
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Control Stock means that number of shares of the capital stock of PHI which is sufficient to give the holder or holders thereof the power to elect all of the members of the board of directors of such corporation; Control Stock shall be deemed "owned" only if owned both legally and beneficially; provided that in the case of stock owned by the estate of ▇.▇. ▇▇▇▇▇, the interest therein of heirs and devisees shall be disregarded until any of such stock is transferred from the estate to any such heir or devisee; provided further that for purposes of this Section 7.14, including for purposes of the representation and the warranty given in the next sentence, ▇.▇. ▇▇▇▇▇ or the Successor Trustees, as the case may be, shall be deemed to own stock which is owned by ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇▇▇▇▇ ▇. ▇▇▇▇▇, and ▇▇▇▇▇ ▇. ▇▇▇▇▇ or any trust created under the will of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ for so long as ▇.▇. ▇▇▇▇▇ or the Successor Trustees, as appropriate, has the right to vote such stock. Subject to the last proviso of the immediately preceding sentence, the Company represents and warrants that according to the stock records of the Company, and to the best of the Company's knowledge, ▇.▇. ▇▇▇▇▇ owns the Control Stock.
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Control Stock shall refer to the shares of Class A Stock of the Company or the shares of Class B Common Stock, par value $0.01 per share, of the Company (the "Class B Stock") into which the Class A Stock shall have converted, if the conversion of the Class A Stock into shares of Class B Stock shall have occurred prior to or upon the Closing, it being understood that pursuant to the Company's Amended and Restated Certificate of Incorporation (the "Charter") the Class A Stock will so convert upon the Closing, and as used herein, the term "Company Stock" shall refer to the total shares of Class A Stock and Class B Stock combined);
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Control Stock means that number of shares of the capital stock of the Company which is sufficient to give the holder or holders thereof the power to elect all of the members of the board of directors of such corporation; Control Stock shall be deemed "owned" only if owned both legally and beneficially; provided that in the case of stock owned by the estate of C.W. Suggs, the interest therein of heirs and devisees shall be disregarded ▇▇▇▇▇ ▇▇▇ of such stock is transferred from the estate to any such heir or devisee; provided further that for purposes of this Section 7.14, including for purposes of the representation and the warranty given in the next sentence, C.W. Suggs or the Successor Trustees, as the case may be, shall be deemed to ▇▇▇ ▇▇▇▇▇ which is owned by Carroll W. Suggs, Robert L. Suggs, and Frank A. Suggs or any trust created u▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇ R▇▇▇▇▇ ▇. ▇▇▇▇▇ for so ▇▇▇▇ ▇▇ ▇.▇. Suggs or the Successor Trustees, as appr▇▇▇▇▇▇▇, ▇▇▇ ▇▇e right to vote ▇▇▇▇ ▇▇▇▇▇. Subject to the last proviso of the immediately preceding sentence, the Company represents and warrants that according to the stock records of the Company, and to the best of the Company's knowledge, C.W. Suggs owns the Control Stock.
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Control Stock means the block of shares that directly or indirectly ensures its holders the
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Control Stock means publicly traded equity securities of U.S. domestic entities in which the Company owns, beneficially and of record, and controls the power to vote, 10% or more of the overall equity securities thereof.
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Related to Control Stock

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

  • Parent Capital Stock means Parent Common Stock and Parent Preferred Stock.

  • Control share acquisition means, subject to specified exceptions, the acquisition, directly or indirectly, by any person of ownership of, or the power to direct the exercise of voting power with respect to, issued and outstanding control shares. For the purposes of determining whether an acquisition constitutes a control share acquisition, shares acquired within 90 days or under a plan to make a control share acquisition are considered to have been acquired in the same acquisition. “Issuing public corporation” means a corporation which has (i) 100 or more shareholders, (ii) its principal place of business or its principal office in Indiana, or that owns or controls assets within Indiana having a fair market value of greater than $1,000,000, and (iii) (A) more than 10% of its shareholders resident in Indiana, (B) more than 10% of its shares owned of record or owned beneficially by Indiana residents, or (C) 1,000 shareholders resident in Indiana.

  • Treasury Capital Stock has the meaning assigned to such term in Section 6.04(a)(viii).

  • Common Stock means the common stock of the Company.