Examples of PCS Common Stock in a sentence
PCS Share Unit" means a measure of participation under the Plan having a value based on the market value of a share of PCS Common Stock, Series 1, of the Company.
When a dividend is declared and paid by the Company on its PCS Common Stock, Series 1, an amount shall be credited to the Participant's Accounts D and DD as though the same dividend had been paid on the PCS Share Units in such accounts as of the Determination Date immediately preceding the record date for the dividend, and such amount shall be converted to PCS Share Units.
For purposes of distribution, the value of a PCS Share Unit shall be the average closing price of PCS Common Stock, Series 1, on the New York Stock Exchange on the last trading day for each of (i) the 12 calendar months immediately preceding the date of such distribution or (ii) the smaller number of calendar months (including part of a month) elapsed from the Recapitalization Date to such distribution.
For purposes of distribution, the value of a PCS Share Unit shall be the average closing price of the PCS Common Stock, Series 1, on the New York Stock Exchange on the last trading day of each of (i) the 12 calendar months immediately preceding the date of distribution or (ii) the smaller number of calendar months (including part of a month) elapsed from the Recapitalization Date to such distribution.
In the event of a stock dividend, stock split, or other corporate reorganization involving the PCS Common Stock, Series 1, the Company shall make equitable adjustment to a Participant's Accounts D and DD as may be necessary to give effect to such change in the Company's capital structure.
In the event of a stock dividend, stock split or other corporate reorganization involving PCS Common Stock, Series 1, the Company shall make equitable adjustment to the number of PCS Share Units credited to a Participant's Accounts D and DD as may be necessary to give effect to such change in the Company's capital structure.
The Collateral Agent shall Transfer the Treasury Portfolio to the Collateral Account to secure the obligation of all Holders of Corporate Units to purchase PCS Common Stock of the Company under the Purchase Contracts constituting a part of such Corporate Units, in substitution for the Pledged Notes.
The undersigned Holder directs that a certificate for shares of PCS Common Stock deliverable upon such Early Settlement be registered in the name of, and delivered, together with a check in payment for any fractional share and any Corporate Units Certificate representing any Corporate Units evidenced hereby as to which Early Settlement of the related Purchase Contracts is not effected, to the undersigned at the address indicated below unless a different name and address have been indicated below.
The undersigned Holder directs that a certificate for shares of PCS Common Stock deliverable upon settlement on or after the Purchase Contract Settlement Date of the Purchase Contracts underlying the number of Corporate Units evidenced by this Corporate Units Certificate be registered in the name of, and delivered, together with a check in payment for any fractional share, to the undersigned at the address indicated below unless a different name and address have been indicated below.
In making this determination, Arcadian Common Stock and Arcadian Preferred Stock redeemed within one year prior to the Merger and Arcadian Common Stock and Arcadian Preferred Stock exchanged for cash or other property, surrendered by dissenters for cash or exchanged for cash in lieu of fractional shares of PCS Common Stock will be included.