Examples of MTI Common Stock in a sentence
All of the issued and outstanding shares of MTI Preferred Stock shall have converted into MTI Common Stock at or prior to the MTI Effective Time.
All of the issued and outstanding convertible notes of MTI shall have converted into MTI Common Stock at or prior to the MTI Effective Time.
MTI agrees to use its best efforts to cause all convertible notes and MTI Preferred Stock to be converted into shares of MTI Common Stock prior the MTI Effective Time.
The only vote of the stockholders of MTI required to approve the plan of merger (in accordance with Section 92A-120 of the NML) contained in this Agreement and approve the MTI Merger is the affirmative vote of the holders of not less than a majority of the outstanding shares of the MTI Common Stock (the “MTI Stockholder Approval”).
On the basis of the representations, warranties and agreements contained herein, and subject to the terms and conditions hereof, effective at the Closing ev3 LLC hereby agrees to accept the Contribution of the MTI Common Stock pursuant to Section 1.1.
In the event the daily closing price per share of MTI Common Stock as quoted on the NASDAQ National Market differs from the daily closing price reported in The Wall Street Journal (Northeast Edition), the daily closing price per share of MTI Common Stock as quoted on the NASDAQ National Market shall control.
The Stockholder has full right, power and authority to contribute, transfer, assign and convey to ev3 LLC the full legal and beneficial ownership in the MTI Common Stock to be surrendered by such Stockholder pursuant to this Agreement and to consummate the transactions contemplated herein.
Pursuant to the Amalgamation Agreement, the holders of the common stock of MTI (“MTI Common Stock”) and holders of MTI’s Class A-1 preferred stock of MTI received Resulting Issuer Common Stock in exchange for their MTI Common Stock at a ratio of 2.75 Resulting Issuer Common Stock for each MTI Common Share or Class A-1 Preferred share held.
As a result, as a consequence of this Agreement and the transactions contemplated hereby, (i) each of the Company, ev3 LLC, the Stockholders and MI LLC shall not be an "Acquiring Person" within the meaning of the Rights Agreement, (ii) a "Triggering Event" (as defined in the Rights Agreement) shall not have occurred and (iii) the Rights (as defined in the Rights Agreement) shall not separate from the MTI Common Stock as a result of any of the transactions contemplated hereby.
The Stockholder is the direct owner and holder of the respective number of shares of MTI Common Stock set forth opposite such Stockholder's name on Schedule II hereto and has good and valid title to such MTI Common Stock, free and clear of all liens, claims and encumbrances.