Examples of Surplus Stock in a sentence
If written notification of the Member’s election to convert its Surplus Stock into Class B(2) shares has not been received by the Bank within said ninety (90) day time period, all such Surplus Stock will be repurchased by the Bank, subject to the restrictions set forth in Section IV(B)(6), for cash and at par value within five (5) Business Days following the end of such ninety (90) day time period.
Following the conversion of the Members’ existing stock in the Bank to Class B(1) Stock pursuant to Section III(A)(3) hereof, each Member, for a period of ninety (90) calendar days following the Conversion Date, shall have the right to convert its Surplus Stock, if any, into Class B(2) Stock of equal par value.
The Bank will reflect that conversion by appropriate book entries and will notify each Member of its Total Stock Purchase Requirement, and any Excess Stock, Surplus Stock, or shortfall with respect to the Member’s Total Stock Purchase Requirement.
Council approved a request from G & B Kawasaki to purchase two (2) 2003 Kawasaki KLS400RS motorcycles pursuant to Municipal Code Chapter 2-8.15 Surplus Stock and adopted Resolution No. 71-12 authorizing the Police Department to sell the motorcycles by negotiated agreement.
Surplus Changes: a) Paid In b) Transfered from Surplus (Stock Dividends) c) Transfered to Surplus 25.
As at December 31, 2007, a total of 1,828,387 warrants were outstanding.December 31, 2007 December 31, 2006 Warrants Amount Warrants Amount Warrants outstanding, beginning of year - $ - - $ -Warrants issued1,828,387241,158- -Warrant issue costs-(35,222)- - Warrants outstanding, end of year 1,828,387 $ 205,936 - $ - Contributed Surplus Stock options granted under the Company’s stock option plans are accounted for using the fair value method.
March 31, 2008 December 31, 2007 Warrants Amount Warrants Amount Warrants outstanding, beginning of period1,828,387 Contributed Surplus Stock options granted under the Company’s stock option plans are accounted for using the fair value method.
If the Buyer has over-ordered any Products or has incorrectly ordered any Products and subsequently wants to return the surplus Products (Surplus Stock) to Synectics, they must notify Synectics in writing as soon as reasonably possible but in any event no later than 90 days of when Delivery of the Surplus Stock is complete.
A Higher Priority Order is received for the Surplus Stock Auction item.
Issued Contributed Surplus Stock OptionsThe Corporation grants stock options to employees as determined by the Corporation's Board of Directors.