Examples of No Par Common Stock in a sentence
As of the date of this Agreement, (i) 709,827 shares of No Par Common Stock and 85,100 shares of Class B Common Stock, were issued and outstanding, for a total of 794,927 Shares; and (ii) no Shares were held in the treasury of the Company or by any of the Company Subsidiaries or Nonprofit Organizations.
The authorized Zap Santa Xxxx Capital Stock consists entirely of 10,000 shares of No Par Common Stock, of which a total of 1,000 are issued and outstanding.
Nettleton 100 Shares Jack Friedler 100 Shares Abraham Sova 1 Shares Esther Sova 66 Shares Joseph Sova 33 Shares Mark Berger 33 Shares Israel Berger 33 Shares Julius Berger 34 Shares --------- Total Issued and Outstanding 400 Shares No Par Common Stock Lexington has agreed to purchase and the Sova family and Berger family each agree to sell to Lexington their 25% share of the capital stock of PRN pursuant to the terms and conditions hereinafter set forth: 1.
As of the date of this Agreement, (i) 709,827 shares of No Par Common Stock and 85,100 shares of Class B Common Stock, were issued and outstanding, for a total of 794,927 Shares (not including the Change in Control Shares, which will be issued after the date of this Agreement and at or prior to the Closing Date); and (ii) no Shares were held in the treasury of the Company or by any of the Company Subsidiaries or Nonprofit Organizations.
On or before the Effective Date each Shareholder shall deliver to the Company all of such Shareholder's share certificates, and other instruments evidencing such Shareholder's ownership of No Par Common Stock being converted pursuant to this Agreement.
All parties hereto agree that the Company's purchases of all of the issued and outstanding shares (consisting of 20 shares of No Par Common Stock in PRI and 100 shares of No Par Common Stock in NCL) of PRI and NCL are intended to be "qualified stock purchases" as defined in IRC ss.
All parties hereto agree that the Company's purchase of all of the issued and outstanding shares (consisting of 954,777 shares of No Par Common Stock) of Sunrise is a "qualified stock purchase" as defined in IRC ss.
All parties hereto agree that the Company's purchase of all of the issued and outstanding shares (consisting of 100 shares of No Par Common Stock) of Horizon is a "qualified stock purchase" as defined in IRC section 338(d)(3).
Subject to the terms and conditions hereinafter set forth, on the Closing Date, Sellers agree to sell to the Company, and the Company agrees to purchase from Sellers, all of the issued and outstanding shares (consisting of 100 shares of No Par Common Stock), of Horizon (the "Shares"), for an aggregate price of Twenty-Nine Million ($29,000,000.00) Dollars (the "Purchase Price"), such price being subject to increase or decrease as provided in Section 1.03.
No Par Common Stock" shall mean shares of common stock in the Company, no par value per share.