Examples of Newco Common Stock in a sentence
At the Effective Time, by virtue of the Merger and without any action on the part of the holder of any outstanding share of common stock, par value [●] per share, of Michigan APC NewCo (the “ Michigan APC NewCo Common Stock”), each share of Michigan APC NewCo Common Stock issued and outstanding immediately prior to the Effective Time shall be canceled and no consideration shall be issued in respect thereof.
At the Effective Time, by virtue of the Merger and without any action on the part of the holder of any outstanding share of common stock, par value [●] per share, of Michigan AFCIC NewCo (the “ Michigan AFCIC NewCo Common Stock”), each share of Michigan AFCIC NewCo Common Stock issued and outstanding immediately prior to the Effective Time shall be canceled and no consideration shall be issued in respect thereof.
At the Effective Time, by virtue of the Merger and without any action on the part of the holder of any outstanding share of common stock, par value [●] per share, of Michigan AI NewCo (the “ Michigan AI NewCo Common Stock”), each share of Michigan AI NewCo Common Stock issued and outstanding immediately prior to the Effective Time shall be canceled and no consideration shall be issued in respect thereof.
At the Effective Time, by virtue of the Merger and without any action on the part of the holder of any outstanding share of common stock, par value [●] per share, of Michigan AIC NewCo (the “ Michigan AIC NewCo Common Stock”), each share of Michigan AIC NewCo Common Stock issued and outstanding immediately prior to the Effective Time shall be canceled and no consideration shall be issued in respect thereof.
Any Entity receiving or holding NewCo Common Stock, as a condition thereof, will be, and will be deemed to be, bound by (a) the NewCo Organizational Documents and (b) the Preincorporation Subscription Agreement dated March 27, 1977 and the restrictions on transfer and ownership set forth therein, in both cases as may be amended or modified from time to time after the Effective Date in accordance with their terms.