Examples of Stock Valuation in a sentence
Each holder of shares of Series A Cumulative Preferred Stock shall have the choice of whether to direct the Company to use the Common Stock Valuation or the valuation determined according to the mechanics before the proviso above in valuing the Common Stock issuable as dividends in respect of that holder’s shares of Series A Cumulative Preferred Stock and issuable upon exercise of the associated Warrants for the purposes set forth above.
Thereafter, this Warrant shall become exercisable for such adjusted number of Warrant Shares consisting of shares of Common Stock, and the Stock Valuation Price shall not be adjusted.
The notice shall be signed by the Company’s chief financial officer and shall state the Stock Valuation Price and number and constitution of Warrant Shares resulting from such adjustment, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based.
The Stock Valuation Price and the number and constitution of Warrant Shares purchasable upon the exercise of this Warrant shall be subject to adjustment from time to time upon the occurrence of certain events described in this Section 4.
Thereafter, this Warrant shall be exercisable for such adjusted number of Warrant Shares consisting of Reclassification Substitute and the Stock Valuation Price shall not be adjusted.
Upon any adjustment of the Stock Valuation Price or the number and constitution of Warrant Shares purchasable upon the exercise of this Warrant, the Company shall give written notice thereof, by first class mail postage prepaid, addressed to the registered Holder of this Warrant at the address of such Holder as shown on the books of the Company.
Upon each adjustment of the Stock Valuation Price or number and constitution of Warrant Shares purchasable upon the exercise of this Warrant (as adjusted pursuant to this Section 4), the Holder of this Warrant shall thereafter be entitled to purchase, at the exercise price of $0.01 per share, the number of Warrant Shares obtained by dividing the Aggregate Unpaid Past Due Amounts by the Stock Valuation Price subsequent to such adjustment.
The Plan is an ‘eligible individual account plan’, as defined in ERISA Section 407(d)(3), and provides for the acquisition and holding of “qualifying employer securities” as defined in ERISA Section 407(d)(5).5.7 Harrah’s Stock Valuation.
For purposes of applying this Section 3.5, the Per Share Acquiror Stock Valuation shall be proportionately adjusted for any stock splits, stock dividends or similar transactions effected by Acquiror following the Effective Time and prior to payment of the Earn-Out Payment, if any.
As used herein, "Common Stock Valuation" is the value of each share of Common Stock determined, in connection with any reorganization, recapitalization, merger or consolidation, absent manifest error, by reference to the opinion of a nationally-recognized investment bank obtained by the Board of Directors of the Corporation at the expense of the Corporation for such purpose, unless the Corporation and the Initial Purchaser otherwise agree.