Examples of IMS Common Stock in a sentence
On the Distribution Date, IMS shall contribute to ST 22,000 shares of ST Common Stock which, pursuant to the Distribution, equals the conversion of 440,000 shares of IMS Common Stock purchased by IMS in its stock repurchase program into ST Common Stock.
In the event that Shareholder returns Merger Shares to Buyer in accordance with the foregoing, the value of each share returned shall be an amount equal to the average closing sales price for shares of IMS Common Stock as reported on the applicable securities exchange for the most recent fifteen (15) trading days ending on the day immediately prior to the date upon which it is determined that Shareholder is required to return Merger Shares to Buyer.
As of the Initial Closing Date, there are 26,958,848 shares of IMS Common Stock and 10,250 shares IMS Preferred Stock (including 10,000 shares of Series A Preferred Stock and 250 shares of Series B Preferred Stock) issued and outstanding.
Paragon further represents that it has had an opportunity to ask questions and receive answers from IMS regarding the terms and conditions of the purchase and sale of the IMS Common Stock and the business, properties, prospects and financial condition of IMS.
Paragon also represents it has not been organized for the purpose of acquiring the IMS Common Stock.
The authorized capitalization of IMS consists of 50,000,000 shares of common stock, par value $0.0001 per share (the "IMS Common Stock") and 1,000,000 shares of preferred stock, par value $0.0001 per share (the "IMS Preferred Stock").
As of the Distribution Record Date, [relevant number of shares of IMS capital stock as of such date to be inserted below] the authorized capital stock of IMS consists of ___________ shares of IMS Common Stock, __________ shares of Series Common Stock, $.01 per share, of IMS ("IMS Series Stock") and __________ shares of preferred stock, par value $.01 per share, of IMS ("IMS Preferred Stock").
A specification should provide enough information so that it is usable by a client, but it should also abstract over the specific details of the implementation, in order to make modular reasoning feasible.We argue that the natural style of specification exposing an explicit number of credits is not practical, because it is not modular.
In connection with the Merger, Buyer will pay Shareholder an amount equal to Two Million Five Hundred Thousand and 00/100 Dollars ($2,500,000.00), payable on the Effective Date by the delivery of three million three hundred thirty-three thousand three hundred thirty-three (3,333,333) shares of IMS Common Stock (the "Merger Shares").
Nothing contained herein, however, shall prohibit the Seller or any of its Affiliates from acquiring and owning the IMS Common Stock as contemplated by this Agreement, or from owning and acquiring, for investment purposes only, up to five percent (5%) of the outstanding equity securities of a Person engaged in an activity competitive with the Buyer if such equity securities of any such Person are available to the general public on a national securities exchange or the over-the-counter market.