Examples of Parent Common Stock Consideration in a sentence
Automated Quotation System ("NASDAQ") each trading day during the period commencing July 1, 1997 and ending the day which is two business days prior to the Effective Time in order to determine, subject to Sections 2.01(b) and (c) below, the number of shares of Parent Common Stock into which the outstanding shares of Company Common Stock, Series C Stock and Series E Stock shall be converted in the Merger (the "Aggregate Parent Common Stock Consideration").
For purposes of this Agreement, "Purchase Price" shall refer collectively to the Cash Consideration and Parent Common Stock Consideration.
Each share of Company Common Stock issued and outstanding immediately prior to the Effective Time (other than any such shares held in the treasury of the Company, which are being canceled as provided in paragraph (c) below) are being converted into the right to receive 582.2371 shares of Parent Common Stock, which represents the quotient obtained by dividing the number of outstanding shares of Company Common Stock by the Aggregate Parent Common Stock Consideration.
Parent shall have directed its transfer agent to issue to the Company Members an appropriate number of shares of Parent Common Stock based upon the amount of Parent Common Stock Consideration to which they are entitled, and the transfer agent shall have accepted such instruction and confirmed that the issuance thereof shall occur within five business days after the Closing Date.
Parent shall take any and all steps required to cause its transfer agent to issue the Parent Common Stock Consideration and to issue the Parent Preferred Stock Consideration; provided, however, that the Company Members and the Member Representative shall have taken all actions requested by Parent and its transfer agent to issue such shares, including the execution and delivery of documents required under Section 2.2(a).
Notwithstanding anything to the contrary contained in this Agreement, 20% of the Aggregate Merger Consideration (consisting of ratable portions of the Parent Common Stock Consideration and Parent Preferred Stock Consideration) (the “Holdback Shares”) shall be held back and not immediately issued by Parent at the Closing until such time as the BVBA Reorganization, as defined in Section 5.6 below, shall have been completed on or prior to March 31, 2016.
Parent will use commercially reasonable efforts to solicit from its stockholders proxies in favor of the issuance of the Parent Common Stock Consideration in the Merger and will take all other action necessary or advisable to secure the vote of its stockholders required to issue such shares.
The Parties agree and consent to any amendment to the Seller’s Disclosure Schedules (including, but not limited to, Schedule 6.1(h) thereto) to reflect the conveyance, purchase, assignment and transfer of cash held in the bank accounts of the Aether Acquired Entities in exchange for the Parent Common Stock Consideration, as such Parent Common Stock Consideration may be adjusted pursuant to the provisions described in Section 4.2 of this Amendment.
Assuming the proper execution and delivery of the Investor Representation Letters (as defined in Section 6.19) by each of the Company Members, the Parent Common Stock Consideration and Parent Preferred Stock Consideration, when issued in accordance with the provisions of this Agreement, be validly issued, fully paid and non-assessable.
The Parties agree and consent to any amendment to the Seller's Disclosure Schedules (including, but not limited to, Schedule 6.1(h) thereto) to reflect the conveyance, purchase, assignment and transfer of cash held in the bank accounts of the Aether Acquired Entities in exchange for the Parent Common Stock Consideration, as such Parent Common Stock Consideration may be adjusted pursuant to the provisions described in Section 4.2 of this Amendment.