Examples of Time Common Stock in a sentence
On or as soon as practicable after the Distribution Date, the Agent will mail to each Record Holder an account statement indicating the number of shares of Time Common Stock that have been registered in book-entry form in the name of such Record Holder.
Upon satisfaction of such requirements, the Conversion Agent shall, on behalf of such Holder, immediately convert such Debentures into, prior to the Effective Time, Common Stock (unless the Company has elected to pay cash in lieu of delivering shares of Common Stock) and, from and after the Effective Time, the Cash Conversion Amount and WPP ADSs representing the number of WPP Ordinary Shares described above.
At the Effective Time, Common Stock owned by the Company or its subsidiaries and Common Stock owned by Merger Sub and its affiliates (including 2,437,262 shares of Common Stock currently owned by the Management Shareholders to be contributed to Parent prior to the Merger) will be canceled and retired without any consideration.
If, after the Effective Time, Common Stock Certificates representing shares of Common Stock outstanding immediately prior to the Effective Time are presented to the Surviving Corporation or the Paying Agent for any reason, they shall be canceled and exchanged as provided in this Article III.
If, after the Effective Time, Common Stock Certificates representing shares of Common Stock outstanding immediately prior to the Effective Time are presented to the Surviving Corporation or the Paying Agent for any reason, they shall be canceled and exchanged as provided in this Article II.
Certificates representing shares of Pre-Effective Time Common Stock shall, from and after the Effective Time, no longer represent shares of Pre-Effective Time Common Stock and shall represent only the number of shares of Class A Common Stock into which the shares of Pre-Effective Time Common Stock previously represented by such certificate were reclassified pursuant hereto, which shall be one (1) share of Class A Common Stock for each share of Pre-Effective Time Common Stock then issued and outstanding.
The term Stitch Stock shall mean and include each of the following shares of capital stock of Stitch issued and outstanding immediately prior to the Effective Time: Common Stock, par value $.01 per share; Series A Preferred Stock, $.01 par value per share; and Series B Preferred Stock, $.01 par value per share.
The “Common Stock Exchange Ratio” is a fraction, the numerator of which equals the product of (i) the number of Total Consideration Shares multiplied by (ii) 0.3985384234, and the denominator of which equals the number of the Total ONI Effective Time Common Stock.
At the Effective Time, Common Stock owned by the Company or its subsidiaries and Common Stock owned by Merger Sub and its affiliates (including 2,552,817 shares of Common Stock currently owned by the Management Shareholders to be contributed to Parent prior to the Merger) will be canceled and retired without any consideration.
If, after the Effective Time, Common Stock Certificates are presented to Buyer, they shall be cancelled and if accompanied by a properly completed Letter of Transmittal, exchanged for the applicable Per Share Merger Consideration upon compliance with Section 2.06(b).