Examples of Timber Stock in a sentence
The option grant under this Plan will be made in Timber Stock as constituted on the Grant Date for this option grant.
The Units of Series C Junior Preferred ------- Stock shall rank senior to the Timber Stock and the Georgia-Pacific Group Stock, on a parity with the Series A Junior Preferred Stock and Series B Junior Preferred Stock and junior to all other series of the Junior Preferred Stock and to any other series or class of Preferred Stock that hereafter may be issued by the Corporation as to the payment of dividends and the distribution of assets, unless the terms of any such series or class shall provide otherwise.
The issue of stock certificates on conversion of Securities shall be made without charge to the converting Holder for any tax in respect of the issue thereof, and the Company shall pay any and all documentary, stamp or similar issue or transfer taxes that may be payable in respect of the issue or delivery of shares of Georgia-Pacific Group Stock or Timber Stock, as applicable, on conversion of Securities pursuant hereto.
Pacific -------------------------------------------------- Group Stock or Timber Stock.
No payment or adjustment shall be made in respect of dividends on the Georgia-Pacific Group Stock or Timber Stock, as applicable, or accrued interest on a converted Security except as described in Section 1509 and Section 1502(c).
The Company covenants that all shares of Georgia-Pacific Group Stock or Timber Stock, as applicable, which may be issued upon conversion of Securities will upon issue be fully paid and nonassessable and free from all liens and charges and, except as provided in Section 1508, taxes with respect to the issue thereof.
The Securities will be converted into shares of Georgia-Pacific Group Stock or Timber Stock, as applicable, at the Conversion Price therefor.
Except as provided in this Section 1509 and Section 1502(c), no adjustments in respect of payments of interest on Securities surrendered for conversion or any dividends or distributions or interest on the Georgia-Pacific Group Stock or Timber Stock, as applicable, issued upon conversion shall be made upon the conversion of any Securities.
The Company shall not be required to deliver certificates for shares of Georgia- Pacific Group Stock or Timber Stock, as applicable, while the stock transfer books for such stock or the Security Register are duly closed for any purpose, but certificates for shares of Georgia-Pacific Group Stock or Timber Stock, as applicable, shall be issued and delivered as soon as practicable after the opening of such books or Security Register.
If more than one Security shall be surrendered for conversion at one time by the same Holder, the number of full shares of Georgia-Pacific Group Stock or Timber Stock, as applicable, which shall be deliverable upon conversion shall be computed on the basis of the aggregate principal amount of the Securities (or specified portions thereof to the extent permitted thereby) so surrendered.