Genesis Common Stock definition
Examples of Genesis Common Stock in a sentence
The Genesis Common Stock to be issued at the Closing shall be listed and eligible for trading on a principal United States securities exchange on which the Genesis Common Stock is then traded or on the NASDAQ National Market System as the case may be.
Genesis shall have received the purchase price for the Genesis Common Stock and the Warrants being purchased and sold at the Closing pursuant to Section 3.1.
The shares of Genesis Common Stock and Genesis Non-Voting Common Stock which constitute Transaction Securities on the date of the issuance thereof, will be listed and eligible for trading on the principal United States securities exchange on which the Genesis Common Stock is then traded or on the NASDAQ National Market System, as the case may be.
On the Closing Date, the shares of Genesis Common Stock will be quoted on the OTC Bulletin Board.
As of the date of this Agreement, there are 10,048 shares of Genesis Common Stock issued and outstanding, 5,000,000 shares of Series A Preferred Stock outstanding and 5,000,000 shares of Series B Preferred Stock outstanding.
Genesis will have issued and outstanding no more than shares of Genesis Common Stock immediately after the issuance of the Genesis Shares as contemplated by this Agreement.
At such time as the Cash Consideration has been paid as set forth in Section 9.3(g) and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ has received: (i) the $200,000 cash referenced in Section 2.4 hereof or (ii) $200,000 worth of free-trading shares of Genesis Common Stock upon the conversion of the Series C Preferred Stock, then ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ shall resign as officers and directors of Genesis.
All shares of Genesis Common Stock subject to issuance as aforesaid, upon issuance prior to the Effective Time on the terms and conditions specified in the instruments pursuant to which they are issuable, will be duly authorized, validly issued, fully paid and nonassessable.
In the event that any portion of the Option Price paid was paid in shares of Genesis Common Stock, such adjustment shall be made in shares of Genesis Common Stock; provided, that Genesis in making a payment to Sponsors pursuant to this paragraph (c), shall be required to use cash to the extent that the conditions set forth in Section 3.2 are not satisfied with respect to such issuance of Genesis Common Stock.
Pursuant to the Amalgamation, Amalco will become a wholly owned subsidiary of AerCap and each outstanding share of common stock, par value $0.001 per share, of Genesis (the "Genesis Common Stock"), or shares owned by AerCap or its subsidiaries, or as to which dissenters' rights have been perfected, will be converted into the right to receive 1.000 share (the "Exchange Ratio") of common stock, par value €0.01 per share, of AerCap (the "AerCap Common Stock").