Examples of Expedia Common Stock in a sentence
All shares of Expedia Common Stock subject to issuance as aforesaid, upon issuance on the terms and conditions specified in the instruments pursuant to which they are issuable, will be duly authorized, validly issued, fully paid and non-assessable.
For the avoidance of doubt, any obligations with respect to the delivery of Expedia Common Stock (or cash in lieu of Expedia Common Stock) on account of the New IAC Integrated Warrants or the Jeeves Notes, including any Liabilities resulting from Expedia’s determinations or calculations contemplated by this Section 5.04 shall be an Assumed Liability.
As of January 15, 2002, (i) 53,151,047 shares of Expedia Common Stock were issued and outstanding, all of which are validly issued, fully paid and non-assessable, (ii) no shares of Expedia Common Stock are held in the treasury of the Purchaser, and (iii) 14,671,264 shares of Expedia Common Stock are reserved for future issuance pursuant to stock options.
Expedia shall mail to the holders of Old Expedia Common Stock and Old Expedia Class B Common Stock and others as appropriate, at such appropriate time as Expedia shall determine, the proxy statement/prospectus forming a part of the Registration Statement, as well as any other information concerning TripAdvisor, its business, operations and management, the Separation and such other matters as Expedia shall reasonably determine are necessary and as may be required by Applicable Law.
The shares of Expedia Common Stock to be issued to the Sellers hereunder shall have been authorized for quotation on Nasdaq, subject to notice of official issuance.
Except as set forth in the Purchaser SEC Reports, there are no outstanding contractual obligations of the Purchaser to repurchase, redeem or otherwise acquire any shares of Expedia Common Stock.
Immediately following the Effective Time, references to Expedia Common Stock in the Expedia Long-Term Incentive Plan and the Expedia Director DC Plan shall mean common stock, $0.0001 par value per share, of Expedia, and such plans automatically shall be amended to reflect the foregoing without any further action.
Accordingly, from and after the Effective Time, upon an exercise of New IAC Integrated Warrants or a conversion of the Jeeves Notes, as between IAC and Expedia, Expedia will exclusively bear the obligation to deliver shares of Expedia Common Stock or cash in lieu of shares of Expedia Common Stock (including with respect to the matters contemplated by Section 5.04(b) and (c)).
The Expedia Common Stock Escrow Account will serve as a source of shares of Expedia Common Stock deliverable by Expedia upon (i) the exercise of New IAC Integrated Warrants, and (ii) the conversion of the Ask Jeeves, Inc.
The Seller further represents that it has had an opportunity to ask questions and receive answers from the Purchaser regarding the terms and conditions of the shares of Expedia Common Stock and the business, properties, prospects, and financial condition of the Purchaser and to obtain additional information necessary to verify the accuracy of any information furnished to the Seller or to which the Seller had access.