Savvis Stock definition

Savvis Stock means any shares of capital stock of Savvis.
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Savvis Stock means any shares of capital stock of Savvis. "Savvis Voting Stock" means shares of Savvis Stock having the
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Savvis Stock means 40,870 shares of Series A Convertible Redeemable Preferred Stock of SAVVIS; provided, that in the event of any merger, consolidation, reorganization, recapitalization, dividend (including all paid-in-kind dividends), distribution, stock split, split-up, split-off, spin-off, combination of shares, exchange of shares or other similar event, or in the event such shares are converted into common stock or other securities of SAVVIS or any other entity, “SAVVIS Stock” shall mean or include, as appropriate, such securities, cash and/or other property received in respect of 40,870 shares of Series A Convertible Redeemable Preferred Stock of SAVVIS after such event or conversion, and this adjustment shall be made successively each time any such event shall occur (whether before or after any conversion of such shares). In the event of any such event or conversion, reference to a single share of SAVVIS Stock shall be deemed to refer to or include, as appropriate, such other property received in respect of a single share of Series A Convertible Redeemable Preferred Stock of SAVVIS. Back to Contents
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Examples of Savvis Stock in a sentence

  • The Savvis Stock Option Agreement also gives Reuters the right to vote the shares of Common Stock subject to the Savvis Stock Option.

  • However, this voting right covers the lesser of (x) the number of shares for which the Savvis Stock Option is exercisable and (y) unless and until any requisite filing under the HSR Act has been made and the waiting period with respect thereto has expired, such number of shares that may be acquired by Reuters without the making of a filing under the HSR Act.

  • The Winterton copy with hisbookplate, a nice copy in the publisher’s red cloth.

  • Currently, however, the Savvis Stock Option Agreement effectively limits the exercisability of the Savvis Stock Option to up to only 15% of the outstanding Common Stock (as a result of the 15% ownership threshold specified in the definition of "interested stockholder" in Section 203 of the DGCL).

  • As a result, because the Notes currently represent beneficial ownership by RHSSA of 14,814,814 shares of Common Stock (or 13.63% of the outstanding Common Stock (determined in accordance with Section 203 of the DGCL)), the Savvis Stock Option is currently exercisable by Reuters for 1,484,013 shares (or 1.36% of the outstanding Common Stock (determined in accordance with Rule 13d-3(d)(1) under the Exchange Act)).

  • As a result of such expiration, RAM and RSA ceased to be the beneficial owners of any shares of Common Stock, and RGPLC, the corporate parent of RAM and RSA, ceased to be the beneficial owner of the shares for which the Savvis Stock Option had been exercisable.

  • The Savvis Stock Option gives RAM and RSA (collectively, "Reuters") the right to acquire an aggregate of 45,483,702 shares of Common Stock from Bridge subject to certain limitations discussed below.

  • The Savvis Stock Option Agreement also gives Reuters the right to vote the 45,483,702 shares of Common Stock subject to the Savvis Stock Option.

  • RAM and RSA expect to use working capital if they (or any affiliate) decide to exercise the Savvis Stock Option.

  • Source and Amount of Funds or Other Consideration The consideration for the acquisition of the Savvis Stock Option (as defined below) was the execution by RAM and RSA of the Asset Purchase Agreement described below and the incurrence of obligations thereunder.

Related to Savvis Stock

  • Common Stock means the common stock of the Company.

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

  • Series B Stock means the Company's Series B Convertible Preferred Stock, par value $0.000001 per share.

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

  • Shares means the interests of Shareholders corresponding to the redeemable securities of record issued by the Fund under the Investment Company Act of 1940 that are held by the Intermediary.

  • Ordinary Shares shall have the meaning given in the Recitals hereto.

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

  • Parent Ordinary Shares means the Ordinary Shares, nominal value NIS 0.0175 per share, of Parent.

  • Excess Stock means Excess Stock as defined in Section 7.4 of the Company's Amended and Restated Articles of Incorporation.

  • Class B Stock means Class B Stock, par value $1.00 per share, of the Company.

  • Permitted Preferred Stock means and refers to any Preferred Stock issued by a Borrower (and not by one or more of its Subsidiaries) that is not Prohibited Preferred Stock.

  • Junior Preferred Stock means ML & Co.'s Series A Junior Preferred Stock, par value $1.00 per share.

  • Excluded Stock and Stock Equivalents means (i) any Capital Stock or Stock Equivalents with respect to which, in the reasonable judgment of the Administrative Agent and the Borrower (as agreed to in writing), the cost or other consequences of pledging such Capital 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 Capital Stock and Stock Equivalents of any Foreign Subsidiary or any CFC Holding Company, any Capital Stock or Stock Equivalents of any class of such Foreign Subsidiary or CFC Holding Company in excess of 65% of the outstanding Capital Stock of such class, (iii) any Capital Stock or Stock Equivalents to the extent the pledge thereof would violate any applicable Requirements of Law (including any legally effective requirement to obtain the consent of any Governmental Authority unless such consent has been obtained), (iv) in the case of (A) any Capital Stock or Stock Equivalents of any Subsidiary to the extent such Capital Stock or Stock Equivalents are subject to a Lien permitted by clause (ix) of the definition of Permitted Lien or (B) any Capital Stock or Stock Equivalents of any Subsidiary that is not a Wholly-Owned Subsidiary of the Borrower and its Subsidiaries at the time such Subsidiary becomes a Subsidiary, any Capital Stock or Stock Equivalents of each such Subsidiary described in clause (A) or (B) to the extent (I) that a pledge thereof to secure the Obligations is prohibited by any applicable Contractual Requirement and other than proceeds thereof the assignment of which is expressly deemed effective under the Uniform Commercial Code or other applicable law notwithstanding such prohibition or restriction), (II) any Contractual Requirement prohibits such a pledge without the consent of any other party; provided that this clause (II) 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 (III) 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 Capital Stock or Stock Equivalents the right to terminate its obligations thereunder and other than proceeds thereof the assignment of which is expressly deemed effective under the Uniform Commercial Code or other applicable law notwithstanding such prohibition or restriction), (v) any Capital Stock or Stock Equivalents of any Subsidiary to the extent that the pledge of such Capital Stock or Stock Equivalents would result in materially adverse tax consequences to the Borrower or any Subsidiary as reasonably determined by the Borrower in consultation with the Administrative Agent, (vi) any Capital Stock or Stock Equivalents that are margin stock, and (vii) any Capital Stock and Stock Equivalents of any Subsidiary that is not a Material Subsidiary or is an Unrestricted Subsidiary, a captive insurance Subsidiary, an SPV or any special purpose entity.

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

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

  • Company Stock means the common stock of the Company.

  • Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • Designated Preferred Stock means Preferred Stock of the Company or any direct or indirect parent of the Company (other than Disqualified Stock), that is issued for cash (other than to the Company or any of its Subsidiaries or an employee stock ownership plan or trust established by the Company or any of its Subsidiaries) and is so designated as Designated Preferred Stock, pursuant to an Officers’ Certificate, on the issuance date thereof.

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

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • A Ordinary Shares means the A ordinary shares of £0.01 each in the capital of the Company;

  • Common Share Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Common Shares, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Common Shares.

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

  • Ordinary Share Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Ordinary Shares or ADSs, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Ordinary Shares or ADSs.