Examples of GP Common Stock in a sentence
Xxxxx hereby transfers and assigns to the Company, and the Company hereby acquires from Xxxxx, (a) all of the common stock of Ski owned beneficially and held by Xxxxx, (b) all of the common stock of Hotel owned beneficially and held by Xxxxx and (c) all of the common stock of Realty owned beneficially and held by Xxxxx (collectively, the "GP Common Stock").
Section 2.01(b)(i) C GP Common Stock...................................................................................
As of the close of business on December 18, 2001, 1,000 shares of C GP Common Stock were issued and outstanding, all of which are validly issued, fully paid and nonassessable.
In exchange for each of the Partnership Interests transferred by the Plausteiners to the Company pursuant to Section 1 and all of the GP Common Stock transferred by Xxxxx to the Company pursuant to Section 2, the Company hereby issues to each of Xxxxx and Xxxxxx 603,750 of duly authorized, validly issued, fully paid and nonassessable shares of Company Common Stock.
Xxxxxxxx is the record holder and beneficial owner of 4,950 shares of G&P Common Stock; Xxxxx X.
The Purchaser shall have received from MSV GP original stock certificates evidencing the purchase of the GP Common Stock.
Telcom I and Telcom II have good and marketable title to their respective Target Assets, including the MSV LP Units, MSV GP Common Stock and Rights Certificates listed on Schedule 3.5 hereto, free and clear of all liens, security interests, encumbrances or adverse claims, other than pursuant to applicable securities laws and the Other Agreements.
As promptly as practicable after the Effective Date, ICBI shall cause its stock transfer agent, acting as the exchange agent ("Exchange Agent"), to send to each former shareholder of record of G&P immediately prior to the Effective Date transmittal materials for use in exchanging such shareholder's certificates of G&P Common Stock for the consideration set forth in Section 3.1 above and Section 3.3 below.
Within 30 days from the date hereof, Newco and Vista agree to cause Newco to enter into Vista Exchange Agreements in connection with the Vista GP Exchange and the Vista LP Exchange, respectively, with all of the holders of the GP Common Stock and all of the Partnership Interests.
The authorized capital stock of GP consists of 25,000,000 shares of GP Common Stock and 2,800,000 shares of GP Class B Stock, of which as of the date of this Agreement 16,159,702 shares of GP Common Stock and 1,200,000 shares of GP Class B Stock are outstanding.