SpinCo Common Stock definition

SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.
SpinCo Common Stock shall have the meaning set forth in the Separation Agreement.
SpinCo Common Stock means the common stock, $0.001 par value per share, of SpinCo.

Examples of SpinCo Common Stock in a sentence

  • Effective as of the Distribution Date, but prior to the Distribution, U.S. Home distributes to Lennar all of the shares of SpinCo Common Stock (as defined in the Distribution Agreement).

  • SpinCo will not issue paper stock certificates in respect of SpinCo Common Stock.

  • At least 10 calendar days before the Record Date, Lennar will make a public announcement of the Record Date, the Distribution Ratio for the number of shares of SpinCo Common Stock that are expected to be distributed for each outstanding share of Lennar Common Stock, and the expected Distribution Date.

  • Pursuant to Section 2.2, on the Effective Date, holders of Lennar Common Stock shall receive in the Distribution approximately 80% of the outstanding shares of SpinCo Common Stock, and Lennar shall retain the Retained Shares.

  • Lennar will have the right at any time before it delivers SpinCo Common Stock to the Distribution Agent, in its absolute discretion and with or without cause, to terminate this Agreement.


More Definitions of SpinCo Common Stock

SpinCo Common Stock shall have the meaning set forth in the recitals hereto.
SpinCo Common Stock has the meaning set forth in the Recitals.
SpinCo Common Stock shall have the meaning set forth in the recitals to this Agreement.
SpinCo Common Stock has the meaning given that term under the Distribution Agreement.
SpinCo Common Stock means the SpinCo Class A Common Stock and the SpinCo Class B Common Stock.
SpinCo Common Stock means the HSN Common Stock, the Interval Common Stock, the TM Common Stock and/or the Tree Common Stock, as applicable.
SpinCo Common Stock means the common stock of Spinco, par value $.01 per share.