WorldPort Common Stock definition

WorldPort Common Stock means the common stock, par value $0.0001 per share, of WorldPort.
WorldPort Common Stock means the issued and outstanding shares of common stock of WorldPort.

Examples of WorldPort Common Stock in a sentence

  • The Deferred Stock has been duly and validly reserved for issuance from the authorized and unissued shares of WorldPort Common Stock by action of the WorldPort Board of Directors.

  • Upon the Company acquiring shares of WorldPort Common Stock pursuant to the Offer, the Company, Heico and JOHCM shall take all necessary and appropriate action to cause the Merger to become effective as soon as practicable.

  • In the event the WWC Financial Statements are not delivered to WorldPort within forty five (45) days after the Closing, the Escrow Agent shall return 500,000 shares of the WorldPort Common Stock to WorldPort for cancellation.

  • If, after the Effective Time, any such holder fails to perfect or effectively waives, withdraws or loses such right, such WorldPort Common Stock will thereupon be treated as if they had been converted into and have become exchangeable for, at the Effective Time, the right to receive the Merger Consideration, without any interest or dividends thereon.

  • In the event a formal business relationship which is approved and acceptable to WorldPort's Board of Directors, with one or more debit card/pre-paid calling card distribution networks, or one or more long distance service carriers or resellers, as described above is not entered into by December 31, 1997, the Escrow Agent shall return 200,000 shares of WorldPort Common Stock to WorldPort for cancellation.

  • As of the Effective Time, by virtue of the Merger and without any action on the part of the WWC Shareholder and subject to the provisions of Section 1(f) hereof, all WWC Shares issued and outstanding immediately prior to the Effective Time shall be converted into 1,400,000 shares of validly issued, fully paid and nonassessable shares of WorldPort Common Stock.

  • WorldPort shall deliver the 1,400,000 shares of WorldPort Common Stock to OTC Stock Transfer, Inc.

  • The WWC Shareholder represents and warrants that he has no present plan, intention or arrangement to sell, transfer or otherwise dispose of any shares of WorldPort Common Stock to be received in the Merger.

  • In the event that WorldPort does not enter into an acceptable business relationship with a Business Relationship Entity by December 31, 1997, the Escrow Agent shall return 700,000 shares of WorldPort Common Stock to WorldPort for cancellation.

  • In the event that Heico determines to abandon the transaction, or that Hambro determines to abandon the transaction following a third party offer for the acquisition of all of the outstanding shares of WorldPort Common Stock, it must so notify the other in writing and this Agreement shall then terminate, other than as to obligations incurred hereunder prior to such termination.

Related to WorldPort Common Stock

  • Target Common Stock means the common stock, $.0001 par value per share, of Target.

  • shares of Common Stock means (i) the class of stock designated as the Common Stock of the Company at the date of this Agreement, or (ii) any other class of stock resulting from successive changes or reclassifications of such shares consisting solely of changes in par value, or from par value to no par value, or from no par value to par value. In the event that at any time, as a result of an adjustment made pursuant to paragraph (a) above, the Warrant Holders shall become entitled to purchase any securities of the Company other than shares of Common Stock, thereafter the number of such other securities so purchasable upon exercise of each Warrant and the Exercise Price of such securities shall be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to the Warrant Shares contained in paragraphs (a) through (i), inclusive, above, and the provisions of Section 7 and Section 12.2 through 12.5, inclusive, with respect to the Warrant Shares, shall apply on like terms to any such other securities.

  • Class V Common Stock means the Class V common stock, par value $0.0001 per share, of the Corporation.

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • Merger Sub Common Stock means the common stock, par value $0.01 per share, of Merger Sub.

  • Pubco Common Stock means all classes and series of common stock of Pubco, including the Class A Common Stock and Class B Common Stock.

  • Seller Common Stock means the common stock, par value $0.01 per share, of Seller.

  • Holdings Common Stock means the common stock of Holdings, par value $.01 per share.

  • Acquiror Common Stock means the common stock, $0.001 par value per share, of Acquiror.

  • Common Stock means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

  • Existing Common Stock means shares of common stock of Delphi that are authorized, issued, and outstanding prior to the Effective Date.

  • Voting Common Stock means the voting common stock, par value $0.01 per share, of the Company.

  • Additional Shares of Common Stock means all shares of Common Stock issued (or, pursuant to Subsection 4.4.3 below, deemed to be issued) by the Corporation after the Series B Original Issue Date, other than (1) the following shares of Common Stock and (2) shares of Common Stock deemed issued pursuant to the following Options and Convertible Securities (clauses (1) and (2), collectively, “Exempted Securities”):

  • New Common Stock means shares of Common Stock and/or securities convertible into, and/or other rights exercisable for, Common Stock, which are offered or sold in a New Transaction.

  • Parent Common Stock means the common stock, par value $0.01 per share, of Parent.

  • Purchaser Common Stock means the common stock, par value $0.01 per share, of Purchaser.

  • Series B Common Stock means the Series B Common Stock, par value $0.01 per share, of the Company.

  • Founders’ Common Stock means all of the shares of Common Stock of the Company acquired by an Insider prior to the IPO for a price of approximately $0.005875 per share;

  • Buyer Common Stock means the common stock, par value $0.01 per share, of Buyer.

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • Common Shares means the common shares in the capital of the Corporation;

  • Class B Common Stock means the Class B common stock, par value $0.0001 per share, of the Company.

  • Series A Common Stock means the Series A Common Stock, par value $0.01 per share, of the Company.

  • Company Common Stock means the common stock, par value $0.01 per share, of the Company.

  • Class A Common Stock means the Class A Common Stock, par value $.01 per share, of the Company.