Stock On definition

Stock On shall have the meaning set forth in Section 4(a)(ii).

Examples of Stock On in a sentence

  • Stock On the Effective Date, the Plan Sponsors and the Additional Investors (the “Subscription Parties”) shall purchase (subject to the Rights Offering) for cash, and Reorganized ▇▇▇▇▇▇▇ shall issue, a number of shares of Convertible Series A Preferred Stock at a purchase price of $1,250.8 million, in the aggregate.

  • To ensure compliance with this restriction, the Holder will be deemed to represent to the Company each time it delivers a Holder Redemption Notice (at a time that this Debenture is Stock On) that such Holder Redemption Notice has not violated the restrictions set forth in this paragraph and the Company shall have no obligation to verify or confirm the accuracy of such determination.

  • Except as provided under the Plan, unless the Option is terminated, Employee may exercise this Option for up to, but not in excess of, the percent of shares of Common Stock subject to the Option during the periods specified below: of Common Stock On or After 20% February __, 2006 40% February __, 2007 60% February __, 2008 80% February __, 2009 100% February __, 2010 Employee's right to exercise the Option expires ten years from the date of grant (the "Option Period").

  • For the avoidance of doubt, payment in cash or shares of Common Stock shall be determined according to the status of the Debenture as Stock On or Stock Off on the date that the Holder delivers the Holder Redemption Notice to the Company and not the Holder Redemption Payment Date.

  • Of Common Stock On Conversion; No Adjustment For Interest Or Dividends 61 Section 15.03.

  • If the Equity Conditions cease, for any reason, to be satisfied while this Debenture is Stock On (an “Equity Conditions Failure”), then, unless such Equity Conditions Failure is waived in writing by the Holder, this Debenture shall immediately be deemed to be Stock Off.

  • If the Company elects Stock On in such Stock On/Off Notice, then the Company shall certify in such notice that the Equity Conditions are satisfied.

  • Mercantile shall have received a certificate signed on behalf of Firstar by the Chief Executive Officer and the Chief Financial Officer of Firstar to the foregoing effect.

  • As to 10,283 Shares of the Restricted Stock: On the fourth (4th) anniversary of the Date of Grant.

  • For the avoidance of doubt, the Company shall make the same election of Stock On or Stock Off with respect to all of the outstanding Debentures.

Related to Stock On

  • Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.

  • Common Stock Outstanding means, at any given time, the number of shares of Common Stock issued and outstanding at such time.

  • Stock means, with respect to any corporation, capital stock and, with respect to any other entity, any equity interest.

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

  • Fully-Diluted Common Stock means, at any time, the then outstanding Common Stock of the Company plus (without duplication) all shares of Common Stock issuable, whether at such time or upon the passage of time or the occurrence of future events, upon the exercise, conversion or exchange of all then outstanding Common Stock Equivalents.