Initial Stock definition

Initial Stock means 800 000 ( eight hundred thousand) fully paid shares of Common Stock of the Company to be issued to the Noteholder at the Note Conversion Price in terms hereof and which are subject to downward adjustment pursuant to partial conversion as contemplated in Section 2(a) hereof.

Initial Stock means all of the outstanding Common Stock issued prior to the consummation of the Company’s initial public offering.

Initial Stock. The Preferred Stock issued to Ambra pursuant to Section 2.06 hereof.

Examples of Initial Stock in a sentence

• Initial Stock Loan Rate: For each Transaction, as specified in the Supplemental Confirmation for such Transaction.

• Failure to Deliver: Inapplicable Insolvency Filing: Applicable Loss of Stock Borrow: Applicable Maximum Stock Loan Rate: 200 basis points per annum Increased Cost of Stock Borrow: Applicable Initial Stock Loan Rate: 25 basis points per annum Increased Cost of Hedging: Applicable.

• The number of shares in the Initial Stock Grant to an Eligible Participant shall be determined by multiplying the Proration Factor (as defined below) by the amount determined by (A) dividing the Annual Stock Retainer as in effect for that Plan Year, by the Fair Market Value of the Stock on the Grant Date, and (B) rounding to the nearest whole number.

• Initial Stock Loan Rate: For each Transaction, as set forth in the related Supplemental Confirmation.

• Initial Stock Loan Rate: 25 basis points, as adjusted by the Calculation Agent to reflect any subsequent Price Adjustment due to an Increased Cost of Stock Borrow.

More Definitions of Initial Stock

Initial Stock has the meaning assigned to such term in Section 2.01.

Initial Stock means the 5,000,000 shares of Common Stock issued to Holders pursuant to Section 1.2(a) of the Purchase Agreement.

Initial Stock shall have the meaning specified in Recital A. -------------

Initial Stock has the meaning given in Schedule 24;

Initial Stock means Arguss Stock transferred to Seller at closing which is equal in value to Nine Million, Four Hundred Eighty Two Thousand Seven Hundred Seventy Two and No/100 Dollars ($9,482,772).

Initial Stock means Stock to be issued within 1 week of the date of this Deed to such of the following persons who subscribe for stock in the Face Amounts referred to below: NAME FACE AMOUNT ABN AMRO Australia Limited $100 ABN AMRO Bank N.V. $100

Initial Stock means the Common Stock and Series A Preferred Stock held by Minto Delaware as of the date hereof.