Examples of Outstanding Capital Stock in a sentence
If, after the Effective Time, certificates for shares of Outstanding Capital Stock (“Company Stock Certificates”) are presented to the Surviving Corporation, they shall be canceled and exchanged for the Merger Consideration, if any, payable with respect to such shares as provided for in Section 1.5. No interest shall accrue or be paid on any Merger Consideration payable upon the surrender of a Company Stock Certificate.
No Outstanding Capital Stock or Reserved Shares have been or will be issued in violation of any rights, agreements, commitments or arrangements under applicable Law, the Certificate of Incorporation or By-Laws or any contract to which the Company is a party or by which it is bound.
Notwithstanding the foregoing, in the event that the Principal Additional Investor owns less than fifteen percent (15%) of the Shares of Then Outstanding Capital Stock immediately following the consummation of the transactions contemplated by the EPCA, such Investor Nominee shall be designated by DBSI, subject to the proviso set forth in Section 3.2(a) above.
Questions re- garding these issues have arisen each time the pool of donors has been expanded (7,11–15).
The aggregate of the investment amounts is contemplated to be equal to or less than 4.5% of the Company's Post-Money Outstanding Capital Stock, allocated as follows: Nokia--the lesser of 1 1/2% of the Post-Money Outstanding Capital Stock or $80 million; America Online, Inc.--the lesser of 1 1/2% of the Post-Money Outstanding Capital Stock or $80 million; Motorola, Inc.--the lesser of 1 1/2% of the Post-Money Outstanding Capital Stock or $65 million.