Underlying Stock definition

Underlying Stock shall refer to the Common Shares or other securities or property issuable or issued upon exercise of the Options.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Underlying Stock means the shares of Common Stock or Series A Preferred Stock issuable or issued upon the exercise of the Warrants.

Underlying Stock means those shares of the Company's Common Stock issuable upon (i) conversion of the Series R Preferred Stock and (ii) exercise of any Warrants.

Examples of Underlying Stock in a sentence

• The shares of Common Stock of the Company purchased upon exercise of this Warrant ("Restricted Stock") or purchasable upon exercise of this Warrant ("Underlying Stock") shall not be transferable except upon the conditions stated below, which are intended to insure compliance with federal and state securities laws.

• The Company further agrees, if the Company applies to have the Common Stock traded on any principal stock exchange or market, it will include in such application the Underlying Stock and the Warrant Stock and will take such other action as is necessary or desirable to cause the Underlying Stock and the Warrant Stock to be listed on such other exchange or market as promptly as possible.

• The Company hereby agrees to use its best efforts to cause the registration under the Securities Act of 1933, as amended, on Form S-8 or other appropriate form (the "Registration Statement"), the Common Stock underlying the Exercisable Portion of the Option ("Claimant's Underlying Stock") as soon as possible after the date hereof.

• The Underlying Stock and the Warrant Stock and certificates evidencing the same shall, upon the effectiveness of the Registration Statement be free of legends (except as provided in Section 5.1 below), "stop transfers," so-called, "stock transfer restrictions," so-called, or other restrictions.

• You agree not to make any sale or other disposition of the Underlying Stock except pursuant to a Registration Statement which has become effective under the Act, setting forth the terms of such offering, the underwriting discount and the commissions and any other pertinent data with respect thereto, unless you have provided the Company with an opinion of counsel reasonably acceptable to the Company that such registration is not required.

More Definitions of Underlying Stock

Underlying Stock refers to the Shares (or Other Securities) issuable under this Warrant Agreement pursuant to the exercise, in whole or in part, of the Representatives' Warrants. The purchase and sale of the Representatives' Warrants shall take place, and the purchase price therefor shall be paid by delivery of your check, simultaneously with the purchase of and payment for any Shares as provided in the Underwriting Agreement between the Company and you, dated the date hereof.

Underlying Stock means each of the common stock of Deere & Company, the common stock of D.R. Horton, Inc. and the common stock of Xerox Corporation.

Underlying Stock means all shares of Common Stock into which the Series B Preferred Stock is convertible, and all other shares of capital stock received on account of such shares of Series B Preferred Stock or Common Stock in respect of any stock split, stock dividend, recapitalization, reorganization or other similar corporate event.

Underlying Stock means the stock subject to being purchased upon the exercise of a call option.

Underlying Stock means the class and series of equity interests issuable or issued upon the exercise of the Warrants from time to time, being Ordinary Shares as of the Issuance Date.

Underlying Stock means each of the common stock of Lowe’s Companies, Inc., the common stock of Intel Corporation, the common stock of Delta Air Lines, Inc. and the common stock of JPMorgan Chase & Co.

Underlying Stock means a share of the Company’s Common Stock issued with respect to an Award.