Stock Distribution definition

Stock Distribution means the Distribution of New Common Stock to holders of Allowed Unsecured Claims and Allowed Equity Interests as provided under Section V of the Plan.

Stock Distribution means a distribution of restricted shares or subject securities, or securities that are directly or indirectly convertible into or exercisable or exchangeable for restricted shares or subject securities, whether in conjunction with a reorganization or otherwise, other than

Stock Distribution any dividend or other distribution to holders of Common Stock of cash, property or securities (excluding however any dividends or distributions of Common Stock or rights to purchase Common Stock).

Examples of Stock Distribution in a sentence

• Subject to the provisions set forth below, the fair market value of the Company or of any non-cash consideration received by the Company upon any Common Stock Distribution shall be determined in good faith by the Board of Directors of the Company.

• Notwithstanding anything to the contrary contained herein, the covenants set forth in Section 6 shall not be binding upon any entity (other than an affiliate of the Investor) which acquires any shares of the Stock or a Stock Distribution in a transaction permitted hereunder.

• In the event of any action at law, suit in equity or arbitration proceeding in relation to this Agreement or the Stock or any Stock Distribution, the prevailing party shall be paid by the other party a reasonable sum for the attorneys' fees and expenses incurred by such prevailing party.

• The Employee will pay to the Corporation timely any and all such taxes on account of the Stock Distribution.

• Accrued but unpaid distributions on the Series A Preferred Stock will accumulate as of the Preferred Stock Distribution Payment Date on which they first become payable.

More Definitions of Stock Distribution

Stock Distribution shall have the meaning set forth in the recitals to this Agreement.

Stock Distribution means the distribution, pursuant to the Distribution Agreement between Marriott International, Inc. (to be renamed Sodexho Marriott Services, Inc.) and the Company dated as of September 30, 1997, by Marriott International, Inc. of all of the outstanding shares of MAR Common Stock and MAR-A Common Stock to the holders of Marriott International, Inc. common stock, in a transaction intended to qualify as a tax-free distribution under Section 368(a) of the Internal Revenue Code of 1986, as amended.

Stock Distribution. May Xxxx Xxx 475,000 shares. Xxxxxxx Xxxxxxxx 25,000 shares. ASDAR Group a Nevada corporation By: /s/ Xxxxxxx X. Xxxxxxxx --------------------------------------- Xxxxxxx X. Xxxxxxxx Its: President By: /s/ Xxxx Xxx ---------------------------------------- Xxxx Xxx Its: Secretary

Stock Distribution means the distribution, pursuant to the Distribution Agreement between Marriott International, Inc. (which was renamed Sodexho Marriott Services, Inc.) and the Company dated as of September 30, 1997, by Marriott International, Inc. of all of

Stock Distribution has the meaning assigned to such term in Section 2.1(B).

Stock Distribution shall have the meaning ascribed thereto in Section 2.09(a) hereof.

Stock Distribution the distribution to stockholders of Pittway of the common stock, par value $.01 per share, of Penton USA, pursuant to the Form S-1 Registration Statement filed with the Securities and Exchange Commission on June 15, 1998, as amended.