Examples of Momentum Shares in a sentence
Momentum shall use reasonable efforts to cause the Momentum Shares to be so listed.
Momentum has prepared and filed an application to effect the listing of the Momentum Shares on the Nasdaq National Market.
The PeopleSoft/Momentum Agreements (including exhibits and schedules) shall have been approved by the Board of Directors of PeopleSoft and Momentum and shall have been executed and delivered by appropriate officers of PeopleSoft and Momentum, and the PeopleSoft Board of Directors (or a committee thereof) shall have declared a dividend of the Momentum Shares as of the Record Date to the holders of record of the PeopleSoft Common Stock.
The Momentum Shares shall be approved for quotation on the Nasdaq National Market.
Prior to the Distribution, and upon receipt of the capital contribution described in Section 3 hereof, Momentum shall cause to be issued to PeopleSoft a certificate or certificates representing a sufficient number of Momentum Shares so that PeopleSoft may distribute one Momentum Share for every 50 shares of PeopleSoft Common Stock held on the Record Date.
PeopleSoft and Momentum acknowledge that all of the Momentum Shares held by PeopleSoft will be distributed by PeopleSoft to the holders of outstanding shares of PeopleSoft Common Stock.
Prior to the Distribution Date, in consideration of, among other things, a $300 million capital contribution to Momentum by PeopleSoft, Momentum will issue to PeopleSoft that number of Momentum Shares such that PeopleSoft may distribute to holders of PeopleSoft Common Stock one Momentum Share for every 50 shares of PeopleSoft Common Stock held on the Record Date.
Momentum shall take all such action as may be necessary or appropriate under the securities or blue sky laws of states or other political subdivisions of the United States in connection with the Distribution to permit the Momentum Shares to be distributed as described in the Prospectus.
There are currently 33,029,001 Momentum Shares and 400,000options of Momentum outstanding.
Speaker BOEHNER has been doing the hard work of governing, working day and night to put together a bill that can actually pass the House of Representatives and end this crisis now.