Refused Stock definition

Refused Stock has the meaning ascribed to such term in Section 5(b).
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Refused Stock has the meaning set forth in Section 7.2(b).
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Refused Stock shall have the meaning set forth in Section 4(b).
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Examples of Refused Stock in a sentence

  • In allocating the Refused Stock pursuant to Section 7.2(b), the Transferring Holder shall not allocate to any Series B Holder a number of shares of Offered Stock that would result in such Series B Holder’s being required to purchase a greater number of shares of Offered Stock than that set forth in such Series B Holder’s Transfer Election Notice, without the consent of such Series B Holder.

  • Annotation Drawn from South Africa’s mining law (2002), this provision empowers the regulating authority to terminate or suspend the mineral right in the event that the rights holder fails to comply with any requirement under the mining law, including environmental obligations.

  • In such event, each Investor will have the right of first refusal to purchase its pro rata share of the Refused Stock.

  • The Company's Expiration Notice will specify the amount of the Refused Stock.

  • Then we partition the full data set D into m equal- sized partitions P1,..., Pm. Each partition becomes a sin-gle data point in the bundled data set Dr D1r,..., Dmr .

  • The purchase price for the Offered Stock to be purchased by the Non-Selling Founder or for the Refused Stock to be purchased by the Company exercising its right of first refusal under this Section 6.2 will be the Offered Price, but will be payable as set forth in Section 6.2(d) below.

  • If as a result thereof such oversubscriptions exceed the total amount of Refused Stock available in respect of such oversubscription privilege, the oversubscribing Investors shall be cut back with respect to their oversubscriptions on a pro rata basis in accordance with their respective pro rata shares or as they may otherwise agree among themselves.

  • The process described in the foregoing sentence shall be repeated within the Excess Period with respect to any shares of Excess Refused Stock not accepted for purchase until the conclusion of the Excess Period or, with respect to an All or Nothing Sale, until all shares of Excess Refused Stock have been accepted for purchase within the Excess Period.

  • If the Company desires to exercise its right of first refusal to purchase Refused Stock, the Company must, within the ten (10) day period (the "COMPANY REFUSAL PERIOD") following the end of the Non-Selling Founder's Refusal Period, give written notice to the Selling Founder of its election to purchase an amount of the Refused Stock, indicating the number of shares that it desires to purchase.

  • Such right of oversubscription may be exercised by an Investor by accepting the offer of the Refused Stock as to more than its pro rata share.

Related to Refused Stock

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Amalco Shares means the common shares in the capital of Amalco;

  • Plan Shares means the total number of Common Shares which may be reserved for issuance as Optioned Shares under the Plan as provided in §2.2;

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • RSU Shares means shares of Common Stock that underlie an RSU.

  • Awarded Stock means the Common Stock subject to an Award.

  • Equity Stock means all classes or series of capital stock of the Company authorized under the Charter, including, without limit, its common stock, $.001 par value per share, and preferred stock, $.001 par value per share.

  • Optioned Stock means the Common Stock subject to an Option.

  • Restricted Stock means Shares issued pursuant to a Restricted Stock award under Section 7 of the Plan, or issued pursuant to the early exercise of an Option.

  • Excluded Stock and Stock Equivalents means (i) any Stock or Stock Equivalents with respect to which, in the reasonable judgment of the Collateral Agent (confirmed in writing by notice to the Borrower), the cost or other consequences (including any adverse tax consequences) of pledging such Stock or Stock Equivalents in favor of the Secured Parties under the Security Documents shall be excessive in view of the benefits to be obtained by the Lenders therefrom, (ii) solely in the case of any pledge of Stock and Stock Equivalents of any Foreign Subsidiary or any Domestic Subsidiary substantially all of the assets of which consist of Stock or Stock Equivalents of Foreign Subsidiaries to secure the Obligations, any Stock or Stock Equivalents of any class of such Foreign Subsidiary or such Domestic Subsidiary in excess of 65% of the outstanding Stock or Stock Equivalents of such class (such percentage to be adjusted upon any Change in Law as may be required to avoid adverse U.S. federal income tax consequences to the Borrower or any Subsidiary), (iii) any Stock or Stock Equivalents to the extent the pledge thereof would violate any applicable Requirement of Law, (iv) in the case of (A) any Stock or Stock Equivalents of any Subsidiary to the extent such Stock or Stock Equivalents are subject to a Lien permitted by Section 10.2(h) or (B) any Stock or Stock Equivalents of any Subsidiary that is not wholly-owned by the Borrower and its Subsidiaries at the time such Subsidiary becomes a Subsidiary, any Stock or Stock Equivalents of each such Subsidiary described in clause (A) or (B) to the extent (1) that a pledge thereof to secure the Obligations is prohibited by any applicable Contractual Requirement (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law), (2) any Contractual Requirement prohibits such a pledge without the consent of any other party; provided that this clause (2) shall not apply if (x) such other party is a Credit Party or wholly-owned Subsidiary or (y) consent has been obtained to consummate such pledge (it being understood that the foregoing shall not be deemed to obligate the Borrower or any Subsidiary to obtain any such consent) and for so long as such Contractual Requirement or replacement or renewal thereof is in effect, or (3) a pledge thereof to secure the Obligations would give any other party (other than a Credit Party or wholly-owned Subsidiary) to any contract, agreement, instrument or indenture governing such Stock or Stock Equivalents the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) and (v) any Stock or Stock Equivalents of any Subsidiary to the extent that (A) the pledge of such Stock or Stock Equivalents would result in adverse tax consequences to the Borrower or any Subsidiary as reasonably determined by the Borrower and (B) such Stock or Stock Equivalents have been identified in writing to the Collateral Agent by an Authorized Officer of the Borrower.

  • Newco Shares means the common shares in the capital of Newco;

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Newco Stock means the common stock, par value $.01 per share, of Newco.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.

  • Dividend Shares means any shares of Common Stock issuable in lieu of cash dividends paid or to be paid on the Series A Preferred.

  • Total Shares means (without double-counting), as of a particular date of determination, the algebraic sum of: (A) the Initial Shares, plus (B) the Additional Shares, minus (C) all Buyback Shares repurchased or redeemed between the Effective Date and such date of determination.

  • Restricted Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(a).

  • 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.

  • Converted Shares means the Subject Equity Shares resulting from the conversion of Limited Voting Shares into the Subject Equity Shares pursuant to subparagraph (ii);

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

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

  • Bonus Stock means shares of Common Stock which are not subject to a Restriction Period or Performance Measures.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).