Stock Purchase Contract definition

Stock Purchase Contract has the meaning specified in the Stock Purchase Contract Agreement.

Stock Purchase Contract has the meaning specified in the Recitals of this Agreement.

Stock Purchase Contract means a contract having a Stated Amount of $100,000 obligating (i) the Company to sell, and the Issuer Trust (acting through the Property Trustee) to purchase, one share of Preferred Stock for $100,000 on the Stock Purchase Date and (ii) the Company to pay Contract Payments to the Issuer Trust, in each case on the terms and subject to the conditions set forth in Article II and Article V.

Examples of Stock Purchase Contract in a sentence

• Confirmation of Forward Stock Purchase Contract, dated October 12, 2007, between the Affiliated Managers Group, Inc.

• The Company is proposing to issue and sell to the Investor (the “ Offering”) its PEPS Units (the “Securities”), each of which is a unit with a stated amount of $1,000 initially consisting of (a) a Stock Purchase Contract relating to the common stock, par value $0.01 per share, of the Company (the “Common Stock”) and (b) a trust preferred security of Morgan Stanley Capital Trust A, Morgan Stanley Capital Trust B or Morgan Stanley Capital Trust C, each a Delaware statutory trust.

• Except as set forth in this Section 5.16(d), the Holders of HITS of the Affected Classes shall have no right to exercise directly any right or remedy under the Stock Purchase Contract Agreement available to the Trust (acting through the Property Trustee) as a party thereto.

• The Stock Purchase Contracts may be issued separately or as part of units (‘‘Stock Purchase Units’’) consisting of a Stock Purchase Contract and Debt Securities, Preferred Securities of AEP, or debt obligations of third parties, includingU.S. Treasury securities, securing holders’ obligations to purchase the common stock of AEP under the Stock Purchase Contracts.

• Any amount payable hereunder to any Holder of HITS (or any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (or Owner) has directly received pursuant to Section 13.13 of the Base Indenture, Section 3.1 of the Stock Purchase Contract Agreement or Section 5.16 of this Declaration.

More Definitions of Stock Purchase Contract

Stock Purchase Contract means, with respect to any Common Equity Units, the contract forming a part of such Common Equity Units and obligating (i) the Company to sell, and the Holder of such Common Equity Units to purchase, shares of Common Stock and (ii) the Company to pay the Holder thereof Contract Payments, in each case on the terms and subject to the conditions set forth in Article V hereof.

Stock Purchase Contract has the meaning specified in the second paragraph of the recitals of this Agreement.

Stock Purchase Contract means a contract having a Stated Amount of $100,000 obligating (i) the Company to sell, and the Trust (acting through the Property Trustee) to purchase, one share of Preferred Stock for $100,000 on the Stock Purchase Date and (ii) the Company to pay Contract Payments to the Trust, in each case on the terms and subject to the conditions set forth in Article II and Article V.

Stock Purchase Contract means a contract having a Stated Amount of $100,000 obligating (i) the Company to sell, and the Trust (acting through the Property Trustee) to purchase, a Pro Rata Interest in a share of Preferred Stock for an amount equal to such Stock Purchase Contract’s Stated Amount on the Stock Purchase Date and (ii) the Company to pay Contract Payments to the Trust, in each case on the terms and subject to the conditions set forth in Article II and Article V. Contemporaneously with the execution and delivery of the Original Stock Purchase Contract Agreement, the Company issued 12,510 Stock Purchase Contracts to the Trust. References in this Agreement to the Stock Purchase Contracts, whether individually or collectively, shall mean the Stock Purchase Contracts outstanding from time to time and shall exclude Stock Purchase Contracts that have been cancelled, retired, terminated, exercised or otherwise extinguished in accordance with the terms and conditions of this Agreement and the Trust Agreement. The Fractional Contracts shall constitute Stock Purchase Contracts to the extent of the Pro Rata Interest in a share of Preferred Stock represented thereby.

Stock Purchase Contract means, with respect to any MCAPS, the contract forming a part of such MCAPS and obligating (i) the Company to sell, and the Holder of such MCAPS to purchase Depositary Shares and (ii) the Company to pay the Holder thereof Contract Payments, in each case on the terms and subject to the conditions specified in Article VI.

Stock Purchase Contract means a contract obligating (i) the Company to sell, and the Issuer Trust (acting through the Property Trustee) to purchase, a Pro Rata Interest in a share of Preferred Stock for an amount equal to such Stock Purchase Contract’s Stated Amount on the Stock Purchase Date and (ii) the Company to pay Contract Payments to the Issuer Trust, in each case on the terms and subject to the conditions set forth in Article II and Article V. Contemporaneously with the execution and delivery of the Original Stock Purchase Contract Agreement, the Company issued 5,010 Stock Purchase Contracts to the Issuer Trust. References in this Agreement to the Stock Purchase Contracts (whether individually or collectively) shall mean the Stock Purchase Contracts outstanding from time-to-time and shall exclude Stock Purchase Contracts that have been cancelled, retired, terminated, exercised or otherwise extinguished in accordance with the terms and conditions of this Agreement and the Declaration of Trust. The Fractional Contracts shall constitute Stock Purchase Contracts.

Stock Purchase Contract means a binding contract (not an option or other right exercisable at the election of the purchaser) to purchase shares of the Company's capital stock having a mandatory settlement date more than one year after the date of such contract.