Stock Deposit definition

Stock Deposit has the meaning set forth in Section 9.8(b).
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Stock Deposit has the meaning set forth in Section 2.9 of this Agreement.
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Stock Deposit means 357,500 shares of Purchaser Stock.
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Examples of Stock Deposit in a sentence

  • Subject to the foregoing, in the event that the Company issues any rights with respect to Non-Voting Stock, the securities issuable upon any exercise, whether by subscription or otherwise, of such rights by Holders or Beneficial Owners shall be depositary shares representing such Non-Voting Stock issued pursuant to the terms and provisions of the Non-Voting Stock Deposit Agreement.

  • Prior to the Closing, Parent and the RPS Securityholders Committee shall have mutually agreed upon the selection of an Escrow Agent and to the form and substance of an escrow agreement pursuant to which the Stock Deposit shall be held and disbursed (the “Escrow Agreement”).

  • The Cash Deposit and the Stock Deposit being herein collectively called the "Xxxxxxx Money Deposits".

  • If Buyer does not cause such shares attributable to the Stock Deposit, Stock Penalty or Stock Payment or to be registered on or before December 31, 2000, Sellers are entitled to one demand registration of such shares at Buyer's expense.

  • Furthermore, in the event the Stock Deposit is refunded to Buyer pursuant to Section 6(a) of this Agreement, then Xxxxxx shall return that portion of the Stock Deposit paid to Xxxxxx pursuant to this Section 9(a).

  • Subject to adjustment as provided in this Article II, the aggregate consideration payable by Buyer Sub for the Acquired Shares shall be (a) nine million two hundred fifty thousand (9,250,000) shares of Buyer Parent Common Stock (the "STOCK CONSIDERATION"), including the Stock Deposit, and (b) ninety-eight million five hundred thousand dollars ($98,500,000) in cash (the "CASH CONSIDERATION"), including the Extension Payment (if applicable), the May 1 Payment (if applicable) and the Cash Deposit.

  • As counsel to the Company, we have examined the proceedings taken by the Company in connection with the issuance or possible future issuance, as the case may be, by the Company of the Primary Common Stock, Convertible Preferred Stock, Conversion Stock, Dividend Stock, Deposit Stock and Piggyback Registration Stock.

  • This ADR is issued pursuant to the Common Stock Deposit Agreement dated as of October 19, 1994, as amended as of January , 2003 (as so amended and further amended from time to time, the "Deposit Agreement"), by and among the Depositary and all Holders from time to time of ADRs issued thereunder, each of whom by accepting an ADR or acquiring any beneficial interest therein agrees to become a party thereto and becomes bound by all terms and provisions thereof.

  • No later than 5:00 P.M. Pacific Time on the Effective Date, Buyer shall deliver an irrevocable instruction letter to Buyer's transfer agent instructing the transfer agent to deliver on January 4, 2010 as hereinafter set forth stock certificates for Two Million Five Hundred Thousand (2,500,000) shares of stock in Buyer (the "Buyer Stock") as a deposit (the "Stock Deposit"), which shall be credited towards the Purchase Price (as defined in Section 2(b)) as provided herein.

  • The term "Preferred Stock Deposit Agreements" shall mean the various Deposit Agreements related to the Preferred Shares of the Company.


More Definitions of Stock Deposit

Stock Deposit has the meaning ascribed thereto in Section 3(b) of this Agreement.
Sample 1
Stock Deposit means $311,000 USD (being 50% of the estimated Stock Price);
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Related to Stock Deposit

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Holding Account means an account:

  • General Account consists of all our assets other than those held in any separate investment accounts.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.

  • Escrow Cash is defined in Section 4.1(a).

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

  • Revenue Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Certificate of deposit means an instrument containing an acknowledgment by a bank that a sum of money has been received by the bank and a promise by the bank to repay the sum of money. A certificate of deposit is a note of the bank.

  • Spread Account Initial Deposit means an amount equal to 2.0% of the aggregate Principal Balance of the Receivables on the Cutoff Date (which is equal to $21,505,439.97).

  • Class A Cash Collateral Account means, in respect of the Class A Liquidity Facility, an Eligible Deposit Account in the name of the Subordination Agent maintained at an Eligible Institution, which shall be the Subordination Agent if it so qualifies, into which amounts shall be deposited as referred to in Section 3.05(f).

  • Deposit means a deposit as defined in 12 U.S.C. Section 1813(l), including without limitation, outstanding cashier's checks and other official checks and all uncollected items included in the depositors' balances and credited on the books and records of the Failed Bank; provided, that the term "Deposit" shall not include all or any portion of those deposit balances which, in the discretion of the Receiver or the Corporation, (i) may be required to satisfy it for any liquidated or contingent liability of any depositor arising from an unauthorized or unlawful transaction, or (ii) may be needed to provide payment of any liability of any depositor to the Failed Bank or the Receiver, including the liability of any depositor as a director or officer of the Failed Bank, whether or not the amount of the liability is or can be determined as of Bank Closing.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,653,198.45.

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

  • Qualifying Deposit means the aggregate balance of all Deposit Accounts in the Bank of (i) an Eligible Account Holder at the close of business on the Eligibility Record Date, provided such aggregate balance is not less than $50, and (ii) a Supplemental Eligible Account Holder at the close of business on the Supplemental Eligibility Record Date, provided such aggregate balance is not less than $50.

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

  • Initial Reserve Account Deposit means $3,000,000.

  • Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.

  • Trust Account Property means the Trust Accounts, all amounts and investments held from time to time in any Trust Account (whether in the form of deposit accounts, Physical Property, book-entry securities, uncertificated securities or otherwise), and all proceeds of the foregoing.