Nonvoting Stock definition

Nonvoting Stock means the capital stock of any class or classes having no voting power to elect the directors of a corporation.
Nonvoting Stock means any class of Xxxxxxx’x capital stock not representing the right to vote generally for the election of directors.
Nonvoting Stock means any class of Blockbuster' capital stock not representing the right to vote generally for the election of directors.

Examples of Nonvoting Stock in a sentence

  • The Nonvoting Stock Option may be exercised by Viacom International for a number of shares equal to or less than the number of shares that are necessary for the Viacom International to own, in the aggregate, 80 percent of each class of outstanding Nonvoting Stock.

  • Upon any such exercise of either Option, Blockbuster will, prior to the applicable Issuance Event Date, deliver to Viacom International, against payment therefor, certificates (issued in the name of Viacom International) representing the shares of Blockbuster Class B Common Stock or Nonvoting Stock, as the case may be, being purchased upon such exercise.

  • Each Option may be exercised at any time after receipt of an applicable Option Notice and prior to the applicable Issuance Event Date by the delivery to Blockbuster of a written notice to such effect specifying (i) the number of shares of Blockbuster Class B Common Stock or Nonvoting Stock, as the case may be, to be purchased by Viacom International and (ii) a calculation of the exercise price for such shares.

  • The exercise price for the shares of Nonvoting Stock purchased pursuant to the Nonvoting Stock Option shall be the price at which such Nonvoting Stock is then being sold to third parties, or, if no Nonvoting Stock is being sold, the fair market value thereof as determined in good faith by an independent investment advisor.

  • The Nonvoting Stock Option shall be assignable, in whole or in part and from time to time, by Ford to any Ford Entity.


More Definitions of Nonvoting Stock

Nonvoting Stock has the meaning provided therefor in the recitals hereto.
Nonvoting Stock means any class of Hertz' capital stock not representing the right to vote generally for the election of directors.
Nonvoting Stock means any class of Next Level's capital stock not representing the right to vote generally for the election of directors.
Nonvoting Stock has the meaning set forth in the recitals to this --------------- Agreement.
Nonvoting Stock means any class of Nabisco capital stock not representing the right to vote generally for the election of directors.
Nonvoting Stock means collectively, the Nonvoting Common Stock and the B Convertible Preferred Stock.
Nonvoting Stock means the class of nonvoting common stock of the Company authorized pursuant to the Amended and Restated Charter.