Settlement Common Stock definition

Settlement Common Stock means stock of a Native Corporation issued pursuant to section 1606(g)(1) of this title that carries with it the rights and restrictions listed in section 1606(h)(1) of this title;
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Settlement Common Stock means shares of stock as defined in ANCSA, 43
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Examples of Settlement Common Stock in a sentence

  • A demand for payment made pursuant to paragraph (1)(A) shall be honored only if at the same time as the vote giving rise to the de- mand, the shareholders of the corporation ap- proved a resolution providing for the purchase of Settlement Common Stock from dissenting shareholders.

  • Alienability restrictions imposed on Settlement Common Stock issued by a Native Corporation electing application of this sub- section shall terminate on December 18, 1991, unless extended in accordance with the provi- sions of this subsection.

  • Upon approval of the new resolution rescinding a resolution de- scribed in paragraph (1)(A), the latter resolution shall be void and alienability restrictions on the Settlement Common Stock of such corporation shall continue subsequent to December 18, 1991, until such time as the alienability restrictions are terminated pursuant to the procedure de- scribed in subsection (b) of this section.

  • Within one hundred and twenty days after the date of the vote described in subparagraph (A), the board of directors shall approve a reso- lution to provide that each shareholder who has notified the corporation pursuant to subpara- graph (A) shall receive either— (i) alienable common stock in exchange for his or her Settlement Common Stock pursu- ant to paragraph (6), or (ii) an opportunity to request payment for his or her Settlement Common Stock pursu- ant to section 1629d(a)(1)(B) of this title.

  • IN GENERAL.—An amendment under clause (i) may provide that Settlement Com- mon Stock issued to a Native pursuant to the amendment (or stock issued in exchange for that Settlement Common Stock pursu- ant to subsection (h)(3) or section 1626(c)(3)(D) of this title) shall be subject to 1 or more of the conditions described in sub- clause (II).

  • Qualified persons shall meet all qualifications: • Be at least 18 years of age but not older than 25 years of age upon date of submission;• Be a holder of at least one share of Class A, B or C Settlement Common Stock and/or Class D Descendants’ Life Estate Stock of the Corporation; and• Have completed a minimum of two years of college at an accredited community college, junior college, or university; or two years of comparable work experience; or two years of military service.

  • Alienability restrictions imposed on Settlement Common Stock issued by a Native Corporation electing application of this subsection shall terminate on December 18, 1991, unless extended in accordance with the provisions of this subsection.

  • Additional Requirements: ONLY IF you are giving stock to your niece, nephew, brother or sister, submit a copy of your (certified) Birth Certificate. Each recipient must provide the following:o Acceptance Form for Gift of Settlement Common Stock (dated and signed in the presence of a notary),o Shareholder Record Information Form, ando Copy of (certified) Birth Certificate(s) to show proof of descendancy from the Shareholder gifting the stock.

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  • Proceeds from the sale of Settlement Common Stock shall not be excluded in determining eligibility for any needs-based pro- grams that may be provided by Federal, State or local agencies.’’.

Related to Settlement Common Stock

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

  • New Common Stock means shares of Common Stock and/or securities convertible into, and/or other rights exercisable for, Common Stock, which are offered or sold in a New Transaction.

  • Underlying Common Stock means the Common Stock into which the Notes are convertible or issued upon any such conversion.

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

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

  • Class V Common Stock means the Class V common stock, par value $0.0001 per share, of the Corporation.

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

  • Additional Common Stock herein shall mean in the most broadest sense all shares of Common Stock hereafter issued by the Borrower (including, but not limited to Common Stock held in the treasury of the Borrower and common stock purchasable via derivative security or option on the date of such grant ), except Common Stock issued upon the conversion of any of this Convertible Note or Warrant.

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

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

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

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

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

  • Target Common Stock means the common stock, $.0001 par value per share, of Target.

  • Common Stock means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

  • Pubco Common Stock means all classes and series of common stock of Pubco, including the Class A Common Stock and Class B Common Stock.

  • New Common Shares means the common stock or common equity of Reorganized XOG to be issued on the Effective Date.

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

  • Series A Common Stock means the Series A Common Stock, par value $0.01 per share, of the Company.

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

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

  • Common Stock Dividend means a stock dividend declared and paid on the Common Stock that is payable in shares of Common Stock.

  • Common Stock Price means, with respect to the Company and each of the Peer Companies, as of a particular date, the average of the Fair Market Value over the 15 consecutive trading days ending on, and including, such date (or, if such date is not a trading day, the most recent trading day immediately preceding such date); provided, however, that if such date is the date upon which a Transactional Change of Control occurs, the Common Stock Price of a share of common stock as of such date shall be equal to the fair value, as determined by the Committee, of the total consideration paid or payable in the transaction resulting in the Transactional Change of Control for one share of Common Stock.

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

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

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