the Stock means the stock of the Business including all the test equipment as determined in the Sale and Purchase Agreement;
the Stock means, collectively, the stocks of chemicals, spare parts, equipment and raw material to be received by the Concessionaire from Council at the effective date in terms of the concession contract;
the Stock means the stocks of ingredients, work-in-progress and finished baked goods intended for resale by the seller, on hand at the commencement of business on the effective date;
Examples of the Stock in a sentence
THE EMPLOYEE ASSUMES THE RISK OF ANY MARKET FLUCTUATIONS IN THE PRICE OF THE STOCK.
MEDALLION SIGNATURE PROGRAM (“MSP”), OR THE STOCK EXCHANGES MEDALLION PROGRAM (“SEMP”) AND MUST NOT BE DATED.
SUCH SHARES MAY NOT BE SOLD, ASSIGNED, TRANSFERRED, OR OTHERWISE DISPOSED OF IN ANY MANNER EXCEPT IN ACCORDANCE WITH AND SUBJECT TO THE TERMS OF THE STOCK OPTION AGREEMENT, A COPY OF WHICH IS ON FILE AT THE PRINCIPAL OFFICE OF THE COMPANY.
THE STOCK WILL NOT BE INSURED BY THE FDIC OR ANY GOVERNMENTAL AGENCY.
FOR MORE INFORMATION ON THE CONSEQUENCES OF REFUSING TO CONSENT OR WITHDRAWING CONSENT, THE GRANTEE UNDERSTANDS THAT HE/SHE MAY CONTACT THE STOCK PLAN ADMINISTRATOR AT THE COMPANY.
More Definitions of the Stock
the Stock the stock-in-trade of the Business as at the Operation Commencement Date, including goods-in-transit (being stock purchased by Current Operator prior to, but not yet delivered to Current Operator on, the Operation Commencement Date), but excluding goods sold by Current Operator and not yet delivered to the buyers of those goods at the Operation Commencement Date;
the Stock. Means all of the issued and outstanding shares of EX- PANDED being acquired pursuant to this agreement.
ARTICLE I The Consideration SELLER shall sell and cause to be delivered and BUYER shall purchase the shares of EXPANDED common stock as specified on Exhibit "A"("THE STOCK"). The transactions contemplated by this Agreement shall be completed at a closing ("CLOSING") on a closing date which shall be the business day after THE STOCK has been deposited into an Escrow Account ("ESCROW ACCOUNT") established and controlled by the BUYER (Exhibit B). The purchase price for THE STOCK to be paid by BUYER to SELLER is TWO HUNDRED Thousand ($200,000 USD) Dollars on terms. The BUYER shall deposit Four Hundred Thousand (400,000) shares of Watchout! Inc. Common Shares ("THE SHARES") into the ESCROW ACCOUNT, acceptable to the SELLER. The BUYER shall then pay the Two Hundred Thousand ($200,000) dollars purchase price under the following terms: The BUYER shall register THE SHARES under a registration statement filed with the SEC. The BUYER shall file such registration statement no later than Apr 15th, 2001. The BUYER shall make all reasonable efforts to ensure the registration statement becomes effective and shall immediately notify the SELLER of any problems with the registration statement. Upon the registration statement becoming effective the BUYER shall notify the Escrow Agent ("ESCROW AGENT") to cause THE SHARES in the ESCROW ACCOUNT to be liquidated in an orderly fashion, in any event no more than 20,000 of THE SHARES per week. The ESCROW AGENT shall liquidate THE SHARES over the liquidation period and pay no more than Fifty Thousand dollars ($50,000) at the end of the first and second periods, and, no more than One Hundred Thousand dollars ($100,000) at the end of the third period. The ESCROW AGENT shall not sell more than one hundred thousand of THE SHARES during the first third of the liquidation period. The ESCROW AGENT shall not sell more than one hundred thousand of THE SHARES during the second third of the liquidation period. The ESCROW AGENT shall not sell more than two hundred thousand of THE SHARES during the final third of the liquidation period. The proceeds of the sale shall be paid to the SELLER seven days after the close of each period. In the event of a SHORTFALL from the proceeds in the ESCROW ACCOUNT the corporation is required to pay the amount of the shortfall in cash seven days after the final liquidation period. In the event of EXCESS SHARES in...
the Stock means all stock held by the Council as at the Effective Time which is owned by the Council at the Effective Time (including items which, although subject to reservation of title conditions in favour of the supplier, are under the control of the Council);
the Stock all stocks of products, supplies, consumables, raw materials and finished goods and work in progress wherever situate at close of business on the Transfer Date and used in the Business and believed to be owned by the Vendor at the Transfer Date;
the Stock. OF LEADVILLE MINING", previously described in recital I, subsection c), which is deemed reproduced herein as if it had been literally inserted, said shares being represented by stock certificates 1, 3 and 4, as set forth in said recital, and (ii) "ANCHONDO" acquires, in his favor, 1 Share, issued by Minera Chxxxxx, X.A. de C.V., presently owned by "LEADVILLE HOLDING" (hereinafter "THE STOCK OF LEADVILLE HOLDING", previously described in recital I, subsection c), which is deemed reproduced herein as if it had been literally inserted, said stock being represented by stock certificate 2 as set forth in said recital.
the Stock. OF LEADVILLE MINING", free of liens, except for the security object of the fifth clause, under the terms and conditions set forth herein.
the Stock is effected by "LEADVILLE MINING" and by "LEADVILLE HOLDING, without any encumbrance, lien, legal limitation regarding ownership or rights, tax liability and/or any other type of liability on said stock, except of the security object of the fifth clause hereof, and "LEADVILLE MINING" and "LEADVILLE HOLDING" assume an obligation to indemnify "RUBA" in the event of dispossession of or hidden defects in the object of this sale.