Stock Transaction definition

Stock Transaction has the meaning ascribed to it in paragraph (g)(iii) hereof.

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Stock Transaction means any transaction or series of transactions pursuant to which the Corporation issues or sells shares of common stock representing, or convertible preferred stock convertible into, 40% or more of the outstanding shares of Common Stock on a Fully Diluted Basis.

Stock Transaction means a Change of Control effected by transaction or series of transactions pursuant to which the Corporation issues or sells shares of Common Stock or rights, warrants, options or other convertible securities representing the right to acquire Common Stock, or any securities that have similar common equity features.

Examples of Stock Transaction in a sentence

• All shares of Series B Preferred Stock issued to Licensor pursuant to Section 3.3(c) shall become subject to the terms and conditions of the Series B Preferred Stock Transaction Agreements.

• Upon the consummation of the Stock Transaction, EFS desires to employ the Executive, and the Executive wishes to accept such employment with EFS, upon the terms and conditions set forth in this Agreement.

• Concurrently with the execution and delivery of this Agreement, XRG, Inc., a Delaware corporation and the parent corporation of EFS ("XRG"), is purchasing the stock of Express Freight Systems, Incorporated, a Tennessee corporation ("Stock Transaction").

• The Preferred Stock Transaction, including the issuance of preferred stock thereunder, shall be in full compliance with all applicable state and federal laws concerning the issuance of securities and all applicable rules and regulations of any exchange on which any Stock of Omni is traded.

• Such adjustment shall be made whenever any Stock Transaction occurs, but shall also be effective retroactively as to shares of Series A-3 Convertible Preferred converted between such record date and the date of the happening of any such Stock Transaction.

• All shares of Series A Preferred Stock issued to Licensor pursuant to Section 3.3(c) shall become subject to the terms and conditions of the Series A Preferred Stock Transaction Agreements.

• Such adjustment shall be made whenever any Stock Transaction occurs, but shall also be effective retroactively as to shares of Series C Convertible Preferred converted between such record date and the date of the happening of any such Stock Transaction.

• At the closing of the Stock Transaction, as more particularly set forth in the stock option plan attached hereto as Exhibit B, XRG agrees to issue to Executive a total of Four Hundred Fifty Thousand (450,000) shares of XRG common stock (the "Stock Grant").

• Executive agrees to execute and forward to ADSC the No Filing Due Statement attached hereto as Exhibit A, or to provide to ADSC all necessary details to file a Form 5, for receipt no later than January 11 of the year following such Stock Transaction.

• No other “control share acquisition”, “fair price”, “moratorium” or other antitakeover Laws apply to the Stock Transaction, this Agreement or the other transactions contemplated hereby.

More Definitions of Stock Transaction

Stock Transaction shall have the meaning set forth in Section 2.08.

Stock Transaction means the closing of a consolidation or merger of Safe Auto with or into any other entity, a sale of common shares of Safe Auto in a transaction (or series of related transactions) or any other similar transaction (or series of related transactions), in each case as a result of which the shareholders of Safe Auto immediately prior to such consolidation, merger, stock sale or other transaction and any affiliates (as defined in the Securities Act) of such shareholders own less than a majority of the voting power of the surviving or acquiring entity immediately after such consolidation, merger, stock sale or other transaction. (7) "Termination Book Value" means, with respect to a Qualifying Termination Event, the Book Value as of the last day of the month immediately preceding the month in which such Qualifying Termination Event occurs. (8) "Transaction Value" means (A) in the case of a Stock Transaction, the aggregate value of the consideration payable to the shareholders of Safe Auto in connection with such Stock Transaction in respect of their Safe Auto common shares; (B) in the case of an Asset Transaction, the aggregate value of the cash and any other property distributed to the shareholders of Safe Auto as a result of such Asset Transaction in respect of their Safe Auto common shares; and (C) in the case of a Qualifying Public Offering, an amount equal to the product of (i) the public offering price of the Safe Auto common shares in the Qualifying Public Offering and (ii) the number of Safe Auto common shares outstanding immediately preceding the closing of the Qualifying Public Offering. In the event that any part of the consideration payable to the shareholders of Safe Auto in connection with a Stock Transaction or distributed to the shareholders of Safe Auto in connection with an Asset Transaction consists of property other than cash or cash equivalents, the Board, in good faith, shall determine the value of such non-cash consideration for purposes of this Section 9.

Stock Transaction shall have the meaning set forth in the second ----------------- paragraph of this Agreement.

Stock Transaction means the proposed transaction between TCSI and Investor which is described in the Stock Term Sheet.

Stock Transaction. 11.1(a) "Striping and Signage Project" Exhibit I "Substantially Completed" 2.3(b) "Term" 2.2 "Terminal" Preamble "Terminal Lighting" Exhibit H "Third Crane Rail" Exhibit H "Transfer" 11.1