Surplus Stock definition

Surplus Stock means Stock held by a Member that is in excess of the limitation set forth in Section II(B)(2)(c) hereof and that is subject to conversion to Class B(2) Stock.
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Surplus Stock means the surplus Stock as agreed between the Buyer and the Seller on the basis on the normal accounting principles applied for the purposes of the audited accounts of the Target Group Companies;.
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Surplus Stock means any additional stock produced by BSL that was not allocated to a customer specific Mill Cycle or Stock order.
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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.


More Definitions of Surplus Stock

Surplus Stock means Goods other than what is kept inside the Convenience Box; “Term” means the meaning as provided for in clause 23 of this agreement;
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Related to Surplus Stock

  • shares of Common Stock means (i) the class of stock designated as the Common Stock of the Company at the date of this Agreement, or (ii) any other class of stock resulting from successive changes or reclassifications of such shares consisting solely of changes in par value, or from par value to no par value, or from no par value to par value. In the event that at any time, as a result of an adjustment made pursuant to paragraph (a) above, the Warrant Holders shall become entitled to purchase any securities of the Company other than shares of Common Stock, thereafter the number of such other securities so purchasable upon exercise of each Warrant and the Exercise Price of such securities shall be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to the Warrant Shares contained in paragraphs (a) through (i), inclusive, above, and the provisions of Section 7 and Section 12.2 through 12.5, inclusive, with respect to the Warrant Shares, shall apply on like terms to any such other securities.

  • Company Stock means, collectively, the Company Common Stock and the Company Preferred Stock.

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

  • Common Stock means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

  • Additional Shares of Common Stock means all shares of Common Stock issued (or, pursuant to Subsection 4.4.3 below, deemed to be issued) by the Corporation after the Series B Original Issue Date, other than (1) the following shares of Common Stock and (2) shares of Common Stock deemed issued pursuant to the following Options and Convertible Securities (clauses (1) and (2), collectively, “Exempted Securities”):

  • Safe Preferred Stock means the shares of the series of Preferred Stock issued to the Investor in an Equity Financing, having the identical rights, privileges, preferences and restrictions as the shares of Standard Preferred Stock, other than with respect to: (i) the per share liquidation preference and the initial conversion price for purposes of price-based anti-dilution protection, which will equal the Conversion Price; and (ii) the basis for any dividend rights, which will be based on the Conversion Price.

  • Treasury Stock shall have the meaning set forth in Section 3.1.2.

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

  • Equity Stock means all classes or series of capital stock of the Company authorized under the Charter, including, without limit, its common stock, $.001 par value per share, and preferred stock, $.001 par value per share.

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

  • A Ordinary Shares means the ‘A’ ordinary shares of £1.00 each in the capital of the Company;

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • Excess Stock means Excess Stock as defined in Section 7.4 of the Company's Amended and Restated Articles of Incorporation.

  • Ordinary Shares Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Ordinary Shares, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Ordinary Shares.

  • Preferred Stock Equivalents shall have the meaning set forth in Section 11(b) hereof.

  • Capital Stock means, for any entity, any and all shares, interests, rights to purchase, warrants, options, participations or other equivalents of or interests in (however designated) stock issued by that entity.

  • Class V Common Stock means the Class V common stock, par value $0.0001 per share, of the Corporation.

  • Common Stock Dividend means a stock dividend declared and paid on the Common Stock that is payable in shares of Common Stock.

  • Parent Common Stock means the common stock, par value $0.01 per share, of Parent.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Class A Stock means the Company's Class A Common Stock, par value $0.01 per share.

  • Common Stock Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Common Stock, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Common Stock.

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • Company Capital Stock means the Company Common Stock and the Company Preferred Stock.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).