Interval Common Stock definition

Interval Common Stock means the common stock, par value $0.01 per share, of Interval Spinco.
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Examples of Interval Common Stock in a sentence

  • This clause (d) shall not apply if IAC does not distribute shares of Interval Common Stock on the Distribution Date.

  • This clause (vi) shall not apply if IAC does not distribute shares of Interval Common Stock on the Distribution Date.

  • The shares of Interval Common Stock are not convertible into or exchangeable for any other property or securities of the Corporation or any other entity.

  • For the avoidance of doubt, the shares of Interval Common Stock shall have no rights in respect of any distributions by redemption in respect of any Junior Stock or Parity Stock, but shall be subject to any preferential rights in respect of any distributions by redemption of the holders of any Senior Stock.

  • Subject to the preferential rights of the holders of any Senior Stock, holders of shares of Interval Common Stock shall be entitled to receive, when and as authorized by the Board of Directors and declared by the Corporation, out of funds of the Corporation legally available for the payment of dividends, dividends at an annualized rate equal to 86% of the annualized dividend rate for the Common Stock as authorized by the Board of Directors and declared by the Corporation.

  • For the avoidance of doubt, the holders of the Interval Common Stock shall have no right to vote at any meeting of stockholders and shall not be entitled to notice of any such meeting, except as may be specifically required by law.

  • All shares of Interval Common Stock repurchased or otherwise acquired in any manner by the Corporation shall be retired and shall be restored to the status of authorized but unissued Common Stock, without designation as to class or series.

  • Dividends to the holders of the Interval Common Stock of record on such dates may be paid in cash, Capital Stock or a combination of cash and Capital Stock as determined by the Board of Directors from time to time, and shall be paid at such times as dividends are paid to the holders of the Common Stock.

  • Upon any voluntary or involuntary liquidation, dissolution or winding up of the Corporation, after payment of or adequate provision for the debts and other liabilities of the Corporation, and subject to the preferential rights of the holders of any Senior Stock, the remaining assets of the Corporation legally available for distribution to its stockholders will be distributed pro rata to the holders of the outstanding shares of Common Stock, Interval Common Stock and any Parity Stock.

  • Holders of the Interval Common Stock shall not have any preemptive or preferential right to subscribe for or to purchase any additional shares of any class or series of stock of the Corporation or any securities convertible into or exercisable or exchangeable for shares of any class or series of stock of the Corporation.

Related to Interval Common Stock

  • New Common Stock means shares of Common Stock and/or securities convertible into, and/or other rights exercisable for, Common Stock, which are offered or sold in a New Transaction.

  • Existing Common Stock means shares of common stock of Delphi that are authorized, issued, and outstanding prior to the Effective Date.

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

  • Parent Common Stock means the common stock, par value $0.01 per share, of Parent.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • Pubco Common Stock means all classes and series of common stock of Pubco, including the Class A Common Stock and Class B Common Stock.

  • Parent Common Shares means the common shares of the Parent;

  • Common Stock Price means, as of a particular date, the average of the Fair Market Value of one share of Common Stock over the fifteen (15) consecutive trading days ending on, and including, such date (or, if such date is not a trading day, the most recent trading day immediately preceding such date); provided, however, that if such date is the date upon which a Transactional Change of Control occurs, the Common Stock Price as of such date shall be equal to the fair value, as determined by the Committee, of the total consideration paid or payable in the transaction resulting in the Transactional Change of Control for one share of Common Stock.

  • Ordinary Share means a Class A Ordinary Share or a Class B Ordinary Share;

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • Company Common Stock means the common stock, par value $0.001 per share, of the Company.

  • Merger Sub Common Stock means the shares of common stock, par value $0.001 per share, of Merger Sub.

  • Common Share means one share of the common stock of the Company.

  • Common Shares means the common shares in the capital of the Corporation;

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

  • Surviving Corporation Common Stock has the meaning set forth in Section 1.7(a).