Eligible Common Stock definition

Eligible Common Stock means (i) shares of Series A Common Stock and/or, (ii) Series C Common Stock if the Company offers to settle in Series C Common Stock and the Purchaser elects to receive payment in Series C Common Stock pursuant to paragraph 3 (Dividends) and/or paragraph 5 (Redemption; Put Right); provided, in each case, as of the date of issuance to the holders of Series A Preferred Stock, shares of such class or series are listed on a national securities exchange and are actively traded.

Eligible Common Stock means all shares of Underlying Common Stock that are Eligible Securities.

Eligible Common Stock means the shares of Common Stock acquired in the Purchase of Interests and held by the Holders and any of such shares thereafter held by any transferee or assignee of a Holder pursuant to Section 11(c) hereof on the date of determination.

Examples of Eligible Common Stock in a sentence

• For the avoidance of doubt, the Company has not met the forgoing delivery obligation until the Holder or its broker has actually received the certificate representing all of the DTC Eligible Common Stock described above.

• Each Holder shall have the right, within twenty (20) days after delivery of such notice, to request in writing that the Company include not less than 50,000 shares of Eligible Common Stock (or such lesser amount as is then owned by such Holder) in such Registration Statement (a "Piggyback Registration").

• A Registration Demand shall specify the number of shares of Eligible Common Stock (and, in the case of a Registration Demand by the Initial Holder, the number of Warrants) that each such Holder proposes to sell in the offering.

• The Company shall not be obligated to maintain the effectiveness of any Registration Statement if, after any withdrawal of Eligible Securities by a Holder, the number of Eligible Securities remaining subject to such Registration Statement represents less than 5% of the shares of Eligible Common Stock deemed outstanding, unless the Company is also registering securities on such Registration Statement for its own account.

• This Section 3(a)(i) shall be applicable for so long as the Eligible Common Stock cannot be freely transferred pursuant to Rule 144 under the Securities Act without the imposition of volume, manner of sale and holding period limitations.

More Definitions of Eligible Common Stock

Eligible Common Stock means shares of Common Stock acquired by the Stockholder pursuant to the Purchase Agreement or held by its Permitted Transferees pursuant to Section 10(d) hereof on the date of determination; provided, however, that shares of Common Stock will cease to be Eligible Common Stock when (i) a Registration Statement covering such shares of Eligible Common Stock has been declared effective by the SEC and such shares have been sold pursuant to the registration statement, (ii) such shares have been sold pursuant to Rule 144 (or any similar provision then in force) under the Securities Act, or (iii) such shares have been otherwise transferred (other than to a Permitted Transferee) and may be resold by such transferee without registration under the Securities Act and without restriction under Rule 144.

Eligible Common Stock means shares of Common Stock held by the Evercore Entities, its Permitted Transferees, EIF and the Individual Shareholders or their Affiliates.

Eligible Common Stock means, as of any date of determination, shares of Common Stock held by either an EnCap Purchaser or a Permitted Transferee of an EnCap Purchaser.

Eligible Common Stock. Eligible Securities", "Favorable Term", "Piggyback Registration", "Prospectus", "Registration Demand", "Registration Procedures", "Registration Rights", "Registration Statement", "Representative", "Saracen Members", "Saracen Registration Rights Agreement", "selling holder", "Shelf Registration", "Shelf Registration Statement", "Subsequent Warrant Holder", "Takedown", "underwriter" and "underwriting or agency agreement".

Eligible Common Stock means shares of Common Stock acquired by the Stockholder pursuant to the Purchase Agreement or held by its Permitted Transferees pursuant to Section 10(d) hereof on the date of determination;

Eligible Common Stock means the Optioned Stock which the Optionee shall have exercised his right to acquire in accordance with Section 5.

Eligible Common Stock means (i) shares of Common Stock acquired by Holdings pursuant to the Note and Warrant Purchase Agreement or pursuant to Holdings' exercise of its preemptive rights under the Shareholder Agreement and held by either Holdings or a transferee or assignee of Holdings pursuant to Section 10(d) hereof on the date of determination and (ii) shares of Common Stock underlying the warrants acquired by Holdings pursuant to the Note and Warrant Purchase Agreement, and held by either Holdings or a transferee or assignee of Holdings pursuant to Section 10(d) hereof on the date of determination, to the extent such warrants are exercised in connection with the Demand Registration Rights or Piggyback Registration Rights hereunder.