Remainco Common Stock definition

Remainco Common Stock means the common shares, par value of $1 per share, of Remainco.

Remainco Common Stock means the common stock, par value $0.01 per share, of RemainCo.

Remainco Common Stock means the issued and outstanding shares of common stock, par value $0.01 per share, of RemainCo.

Examples of Remainco Common Stock in a sentence

• SpinCo shall mail to the holders of RemainCo Common Stock, at such time on or prior to the Distribution Date as RemainCo shall determine, a notice of Internet availability of the SpinCo Information Statement, as well as any other information concerning SpinCo, its business, operations and management, the Plan of Separation and such other matters as RemainCo shall reasonably determine are necessary and as may be required by Law.

• Each holder of RemainCo Common Stock on the Distribution Record Date (or such holder’s designated transferee or transferees, as applicable) will be entitled to receive in the Distribution one (1) share of SpinCo Common Stock for every one (1) share of RemainCo Common Stock held by such stockholder.

• Holders of RemainCo Common Stock holding a number of shares of RemainCo Common Stock, on the Record Date, which would entitle such stockholders to receive less than one whole share of SpinCo Common Stock in the Distribution, will receive cash in lieu of fractional shares.

• For stockholders of RemainCo who own RemainCo Common Stock through a broker or other nominee, their shares of SpinCo Common Stock will be credited to their respective accounts by such broker or nominee.

• Each vested RemainCo PVRSU shall be settled in (i) RemainCo Common Stock, with the number of shares of RemainCo Common Stock determined in accordance with the applicable award agreement, and (ii) SpinCo Common Stock, with the number of shares of SpinCo Common Stock equal to the number of shares of SpinCo Common Stock distributable in respect of such RemainCo Common Stock in connection with the Distribution.

More Definitions of Remainco Common Stock

Remainco Common Stock has the meaning provided in the Separation and Distribution Agreement.

Remainco Common Stock means the common stock of Remainco, par value $0.001 per share.

Remainco Common Stock the common stock, without par value, of RemainCo.

Remainco Common Stock has the meaning set forth in the recitals hereto.

Remainco Common Stock has the meaning set forth in the recitals to this Agreement.

Remainco Common Stock shall have the meaning set forth in Section 3.2(a).

Remainco Common Stock has the meaning assigned to such term in the Recitals hereto.