Timber Stock definition

Timber Stock has the meaning set forth in the second Whereas Clause.
View Source
Timber Stock means the Timber Group class of common stock, par value $.80 per share, of the Company authorized at the date of this Indenture as originally signed.
View Source
Timber Stock means the class of the Corporation's common stock which is intended to reflect the business and operations of the forest resources segment of the Corporation's business, the par value of which is $0.80 per share and which is designated `Georgia-Pacific Corporation--Timber Group Common Stock''. (j) `Vesting Date'' shall mean the date upon which options granted under this Agreement first become exercisable in accordance with the provisions of Sections 2 or 10.
View Source

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.

  • 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.

  • Pacific -------------------------------------------------- Group Stock or Timber Stock.

  • 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.

  • The Securities will be converted into shares of Georgia-Pacific Group Stock or Timber Stock, as applicable, at the Conversion Price therefor.

  • 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.

  • 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.

  • 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.

  • Except as otherwise specified pursuant to Section 301 for Securities of any series, the provisions of this Article Fifteen shall be applicable to any Securities that are convertible into Georgia-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).

Related to Timber Stock

  • EU Member State means a Member State of the European Union;

  • Participating Member States means the member states of the European Communities that adopt or have adopted the euro as their lawful currency in accordance with the legislation of the European Union relating to European Monetary Union.

  • Class V Common Stock means the Company's authorized Class V Common Stock, par value $.01 per share.

  • Member State means a state that has enacted the compact.

  • Reference Shares means, in respect of the exercise of Conversion Rights by a Bondholder, the number of Ordinary Shares (rounded down, if necessary, to the nearest whole number) determined in good faith by the Calculation Agent by dividing the principal amount of the Bonds which are the subject of the relevant exercise of Conversion Rights by the Conversion Price in effect on the relevant Conversion Date, except that where the Conversion Date falls on or after the date an adjustment to the Conversion Price takes effect pursuant to Conditions 6(b)(i), 6(b)(ii), 6(b)(iii), 6(b)(iv), 6(b)(v) or 6(b)(ix) but on or prior to the record date or other due date for establishment of entitlement in respect of the relevant event giving rise to such adjustment, then the Conversion Price in respect of such exercise shall be such Conversion Price as would have been applicable to such exercise had no such adjustment been made.