Street Shares definition

Street Shares means shares of Common Stock held of record in street name, and any Street Share shall be deemed to be held by the beneficial owner thereof as reflected on the books of the nominee holder thereof;
Sample 1
Street Shares means shares of Common Stock held of record in street name, including held of record by Easton Bank & Trust Company (the “Bank”) for the benefit of customers of the Trust Department of the Bank, and any Street Share shall be deemed to be held by the beneficial owner thereof as reflected on the books of the nominee holder thereof;
Sample 1

Examples of Street Shares in a sentence

  • It shall be a condition precedent to the right of any Holder to receive CFC Class A Common Stock, if any, that such Holder certify to CFC in a Letter of Transmittal delivered by CFC that such Holder held, of record and beneficially, immediately prior to the Effective Time, fewer than 825 shares (including any combination of Record Shares and Street Shares) in the aggregate.

  • The Agreement of Merger further provides that: In no event shall any Holder holding, of record or beneficially, immediately prior to the Effective Time, 825 or more Common Stock shares (including any combination of Record Shares and Street Shares), be entitled to receive CFC Class A Common Stock with respect to the shares so held.

  • Except as provided in Section 2.04, in no event shall any Holder holding, of record or beneficially, immediately prior to the Effective Time 500 or more shares of Company Stock (including any combination of Record Shares and Street Shares) in the aggregate be entitled to receive any Cash Merger Consideration with respect to the shares of Company Stock so held.

  • The Letter of Transmittal for your use in accepting the Offer and tendering Web Street Shares and for the information of your clients.

  • Neither E*TRADE nor Purchaser nor any officer, director, stockholder, agent or other representative of E*TRADE or Purchaser will pay any fees or commissions to any broker or dealer or other person (other than the Information Agent and the Exchange Agent as described in the Prospectus) in connection with soliciting tenders of Web Street Shares pursuant to the Offer.

  • XxXxxxx Street Shares Chicago, IL 60602 ------------------------------------------------------------------------------------------------------------------------------- Xxxx X.

  • The Web Street board of directors by unanimous vote (1) determined that the Offer, the Merger and the Merger Agreement are fair to, and in the best interests of, the Web Street stockholders, (2) approved the Merger, the Offer and the Merger Agreement and (3) recommends that Web Street stockholders accept the Offer and tender their Web Street Shares pursuant thereto.

  • If holders of Web Street Shares wish to tender, but it is impracticable for them to forward their certificates or other required documents or to complete the procedures for delivery by book-entry transfer prior to the expiration of the Offer, a tender may be effected by following the guaranteed delivery procedures specified in “The Offer—Guaranteed Delivery” of the Prospectus.

  • Additionally, Hill Street has agreed to issue to CanPharm CDN$1.5 million of Hill Street shares over 3 milestone tranches, of which 6,031,363 Hill Street Shares (valued at CDN$500,000) were issued to CanPharm at closing, and a CDN$2 million promissory note at closing included at its nominal value ($NIL) that bears interest at 10% per annum and is repayable in quarterly installments based on 5% of Hill Street’s gross revenues derived from products utilizing the intellectual property until fully paid.

  • If you wish to have us tender any or all of your Web Street Shares, please so instruct us by completing, executing and returning to us the instruction form set forth on the reverse side of this letter.

Related to Street Shares

  • Net Shares means the number of shares of Common Stock which will be deposited in a brokerage account in the Grantee’s name at the Company’s designated broker after shares have been withheld to satisfy applicable tax and withholding requirements upon vesting of the Restricted Stock Units.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Target Shares means all of the issued and to be issued share capital of the Target.

  • H Shares means the overseas-listed foreign invested shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong Dollars;

  • VMTP Shares means Variable Rate MuniFund Term Preferred Shares, $0.00001 par value per share, liquidation preference $100,000 per share plus an amount equal to accumulated but unpaid dividends thereon (whether or not earned or declared), of the Trust. The preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of each series of VMTP Shares are set forth in the VMTP Shares Statement.

  • Unit Shares means the Common Shares comprising part of the Units;

  • Common Shares means the common shares in the capital of the Corporation;

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Buyer Stock means the common stock, par value $0.0001 per share, of Buyer.

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Number of Shares As of any date, the product of (i) the Number of Options, (ii) the Conversion Rate and (iii) the Applicable Percentage.

  • Earn-Out Shares has the meaning provided in Section 2.2(b).

  • Sold Shares shall have the meaning specified in Section 6.

  • Holdco Shares means the ordinary shares of HoldCo with a par value of US$0.0001 per share.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Open Market Share Purchase shall have the meaning specified in Section 2(I).

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Fully Diluted Shares means the sum, without duplication, of (a) the number of shares of Common Stock issued and outstanding immediately prior to the Effective Time, (b) the number of shares of Preferred Stock that are issued and outstanding immediately prior to the Effective Time and (c) the number of shares of Common Stock underlying the Restricted Stock Units or any other equity or other convertible securities that are issued and outstanding immediately prior to the Effective Time.

  • Exchange Shares has the meaning set forth in Section 2.01(b).

  • Listed Shares means shares which are traded or listed on an approved stock exchange;

  • Subscription Shares has the meaning ascribed to it in Section 2.1.