Released Stock definition

Released Stock means all of the Company's right, title and interest in and to the capital stock of any Borrower.
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Released Stock has the meaning set out in Section 3.2(c);
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Released Stock is defined in Section 4.5(c).
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Examples of Released Stock in a sentence

  • No right under this Plan, other than stock issued pursuant to the terms of the Plan not otherwise subject to restrictions on transfer ("Released Stock"), shall be assignable, alienable, saleable, or transferable by a Participant other than by will or by the laws of descent and distribution.

  • Clariti thereupon, at no cost to Escrowed Sellers, will use its reasonable commercial efforts to cause to be included in such registration statement all Released Stock which Clariti has been so requested to register by such Escrowed Seller.

  • Accordingly, the Released Stock shall no longer constitute either "Pledged Securities" or "Collateral Coverage Securities" for any purpose of the Credit Agreement.

  • Effective upon the Effective Date, the Lender hereby releases, discharges, retransfers and reassigns, without warranty or recourse of any kind, from the liens created under or evidenced by any of the Financing Agreements, all of Lender's right, title and interest in and to the Released Stock.

  • The dividends or other distributions so withheld by the Company and attributable to any particular share of the Restricted Stock (and earnings thereon, if applicable) shall be distributed to the Awardee upon such share becoming a Released Stock (as defined herein) and, if such share is forfeited or otherwise cancelled in accordance with this Award Agreement, the Awardee shall have no right to such dividends or other distributions.

  • In the event of a Change of Control, all restrictions upon any Restricted Stock shall lapse immediately and all such Restricted Stock shall become Released Stock for the purposes of this Agreement and will be deemed “vested” and will no longer be Restricted Stock for the purposes of this Agreement or the Plan.

  • No right hereunder (other than Released Stock) may be pledged, alienated, attached, or otherwise encumbered and any purported pledge, alienation, attachment, or encumbrance thereof shall be void and unenforceable against the Company or any affiliate.

  • However, should, pursuant to the Credit Suisse Contract, SSI and/or SSD receive from or retain the Released Stock free of the rights of Credit Suisse, the same shall be pledged to the Lenders pursuant to the Amended and Restated Pledge Agreement between the Borrowers and Agent, dated April 17, 1998.

  • Any such Escrowed Seller may, by written response delivered to Clariti within twenty (20) days after the delivery of such notice, request that all or a specified part of the Released Stock held by Escrowed Seller be included in such registration.

  • ISSI further agrees that APSG shall be entitled to cause Syntera to be the record purchaser of the Released Stock and that ISSI will execute such stock powers and other documents and instruments as may be reasonably requested by APSG or Syntera to evidence the purchase of the Released Stock by APSG or Syntera.


More Definitions of Released Stock

Released Stock is defined in SECTION 4.5(B).
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Related to Released Stock

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

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

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

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

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

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

  • Escrowed Shares has the meaning set forth in Section 2.4.

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

  • Excluded Shares has the meaning set forth in Section 2.1(b).

  • Rollover Shares has the meaning given in the recitals.

  • 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;

  • Retained Shares has the meaning set forth in the recitals.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Forfeiture Restrictions means any prohibitions and restrictions set forth herein with respect to the sale or other disposition of Shares issued to the Recipient hereunder and the obligation to forfeit and surrender such shares to the Company.

  • Cancelled Shares has the meaning set forth in Section 3.1(a).

  • RSUs means restricted stock units.

  • Parent Stock Plan has the meaning set forth in Section 6.2(a).

  • Restricted Share Award means an award of Restricted Shares.

  • Parent Stock means the common stock, par value $0.01 per share, of Parent.

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

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

  • Company Restricted Shares Section 2.4(c)

  • Company Stock means, collectively, the Company Common Stock and the Company Preferred Stock.