Purchased Capital Stock definition

Purchased Capital Stock shall have the meaning set forth in Paragraph C.
Purchased Capital Stock means (i) the 14,500 shares of Class A Preferred and the 55,000 shares of Class A Common purchased by Primus, and (ii) the 3,625 shares of Class A Preferred, the 5,410 shares of Class A Common and the 8,340 shares of Class B Common purchased by LLC pursuant to the Stock Purchase Agreement.
Purchased Capital Stock has the meaning assigned thereto in the Purchase Agreement.

Examples of Purchased Capital Stock in a sentence

  • If any Warrant Shares or Purchased Capital Stock are redeemed only in part, the Company shall issue a new share certificate for the remaining Warrant Shares or Purchased Capital Stock, which share certificate shall be registered in the name of and delivered to the appropriate holder.

  • Each Investor Stockholder shall be entitled to exercise its right to cause the Company to purchase all its shares of Purchased Capital Stock pursuant to this Section 6 by giving the Company written notice of such exercise within 15 days following its receipt of the Put Notice.

  • As of the Closing Date, Holding Company A Sellers and Holding Company B Sellers are the record and beneficial owners of the issued and outstanding shares of capital stock of Holding Companies as set forth opposite their names on Exhibit A-2 hereto, free and clear of all Encumbrances, including any agreement, understanding or restriction entered into by Sellers affecting the voting rights or other incidents of record or beneficial ownership pertaining to the Purchased Capital Stock.

  • The Holders of the Purchased Capital ------------------- Stock, Warrants and Warrant Shares and Purchase Shares, if any, shall have registration rights as provided in the Registration Rights Agreement dated as of the date hereof by and between the Holders of the Purchased Capital Stock, Warrants or Warrant Shares, and Purchase Shares, if any, Prudential and the Company.

  • Unless and until an Initial Public --------------------------- Offering has occurred, the holders of the Purchased Capital Stock, and Warrants and Warrant Shares and Purchase Shares, if any, shall have the option (the "Put Option") to require the Company to purchase all (and in the case of the Warrants and Warrant Shares not less than all) of the Purchased Capital Stock, Warrants and Warrant Shares and Purchase Shares, if any, at anytime after a Put Event has occurred.

  • The put option may be exercised by the ------------------ Holders of the Purchased Capital Stock, Warrants and Warrant Shares and Purchase Shares, if any, by such Holder giving written notice to the Company that such Holder elects to sell the Purchased Capital Stock, Warrants and Warrant Shares and Purchase Shares, if any, then held by such Holder to the Company ("Put Date") at the repurchase price set forth in Section 6.3 (the "Repurchase Price").

  • The closing for the repurchase of the ------------------- Purchased Capital Stock, Warrants and Warrant Shares and Purchase Shares, if any, by the Company pursuant to this Section 6 shall occur within ten (10) Business Days following the date of the determination of the Repurchase Price which shall be payable by the Company by delivery of a certified or cashiers' check to the selling Holder.

  • The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors and assigns and the registration rights and the other Equity Holder rights contained in this Agreement shall be automatically transferred to any subsequent holder of Warrant Securities, Purchased Capital Stock or Registrable Securities.

  • The Purchasers shall not be obligated to purchase any Notes unless and until the Company shall have used the proceeds from the issuance and sale of the Purchased Capital Stock pursuant to the terms of the Stock Purchase Agreement to pay an aggregate of $2,500,000 of the cash consideration payable by the Company at the Tier I Closing and the Tier II Closing.

  • Neither this Agreement nor any of the rights or obligations hereunder may be assigned by any of the Sellers without the prior written consent of Buyer, or by Buyer without the prior written consent of Sellers' Representatives, except that Buyer may, without such consent, assign the right to acquire the Purchased Capital Stock to any of its direct or indirect subsidiaries; provided, that no such assignment shall relieve Buyer of any of its obligations under this Agreement.


More Definitions of Purchased Capital Stock

Purchased Capital Stock means all of the issued and outstanding Capital Stock of Target immediately prior to Closing.
Purchased Capital Stock is defined in Background Paragraph A.

Related to Purchased Capital Stock

  • Qualified Capital Stock means any Capital Stock that is not Disqualified Capital Stock.

  • Excluded Capital Stock means:

  • Retired Capital Stock shall have the meaning provided in Section 10.5(b)(2).

  • Voting Capital Stock means with respect to any Person, securities of any class or classes of Capital Stock in such Person ordinarily entitling the holders thereof (whether at all times or at the times that such class of Capital Stock has voting power by reason of the happening of any contingency) to vote in the election of members of the board of directors or comparable governing body of such Person.

  • Disqualified Capital Stock means that portion of any Capital Stock which, by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable at the option of the holder thereof), or upon the happening of any event (other than an event which would constitute a Change of Control), matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or is redeemable at the sole option of the holder thereof (except, in each case, upon the occurrence of a Change of Control) on or prior to the final maturity date of the Notes.

  • Company Capital Stock means the Company Common Stock and the Company Preferred Stock.

  • Capital Stock means, for any entity, any and all shares, interests, rights to purchase, warrants, options, participations or other equivalents of or interests in (however designated) stock issued by that entity.

  • Parent Capital Stock means Parent Common Stock and Parent Preferred Stock.

  • Capital Shares means the Common Stock and any shares of any other class of common stock whether now or hereafter authorized, having the right to participate in the distribution of earnings and assets of the Company.

  • Parent Ordinary Shares means the ordinary shares, no par value per share, of Parent.

  • Working Capital Shares shall have the meaning given in the Recitals hereto.

  • New Ordinary Shares means the new Ordinary Shares arising on Conversion of the C Shares;

  • Qualified Capital Interests in any Person means a class of Capital Interests other than Redeemable Capital Interests.

  • Preferred Equity Interests means, with respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation or both.

  • Buyer Preferred Stock means the preferred stock, par value $0.001 per share, of Buyer.

  • Fully Diluted Capitalization means the aggregate number, as of immediately prior to the First Equity Financing, of issued and outstanding shares of Capital Stock, assuming full conversion or exercise of all convertible and exercisable securities then outstanding, including shares of convertible Preferred Stock and all outstanding vested or unvested options or warrants to purchase Capital Stock, but excluding (i) the issuance of all shares of Capital Stock reserved and available for future issuance under any of the Company’s existing equity incentive plans, (ii) convertible promissory notes issued by the Company, (iii) any SAFEs, and (iv) any equity securities that are issuable upon conversion of any outstanding convertible promissory notes or SAFEs.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • Treasury Capital Stock has the meaning assigned to such term in Section 6.04(a)(viii).

  • Subsidiary Shares shall have the meaning specified in Section 6.3 [Subsidiaries].

  • Common Shares means the common shares in the capital of the Corporation;

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • A Ordinary Shares means the ‘A’ ordinary shares of £1.00 each in the capital of the Company;

  • Hybrid Equity Securities means securities issued by Borrower or any subsidiary that (a) are classified as possessing a minimum of (i) “intermediate equity content” by S&P and (ii) “Basket C equity credit” by Moody’s and (b) do not contain any scheduled principal payments or prepayments or any mandatory redemptions or mandatory repurchases prior to the date that is at least 91 days after the latest applicable Maturity Date.

  • Fully Diluted Shares means, at any time of determination, the number of shares of common stock of the applicable entity outstanding at such time, plus the number of shares of issuable upon exercise or conversion or otherwise pursuant to any in-the-money common stock equivalents of such entity outstanding at such time.