Common Stock Portion definition

Common Stock Portion means the quotient obtained by dividing (i) the total value of the shares of Voting Common Stock to be issued in respect of the outstanding Common Shares pursuant to the Qualifying Transaction by (ii) the total value of the shares of Voting Common Stock and Non-Common Consideration to be issued in respect of the outstanding Common Shares pursuant to the Qualifying Transaction, in each case as determined by mutual agreement of the Independent Directors and the holders of not less than 50% in interest of all outstanding warrants to purchase Common Shares containing this provision, or, if they shall fail to agree, by an Investment Bank.
Common Stock Portion means the portion of a Participant’s Cash Compensation that the Participant elects to receive in the form of Common Stock pursuant to Section 1 of Article II, whether on a current or deferred basis.
Common Stock Portion means the percentage amount reflected on the Escrow Allocation Schedule.

Examples of Common Stock Portion in a sentence

  • For purpose of this Section 5.1, "the Company" shall mean ILD, "Shares" shall mean the Common Stock Portion of the Purchase Price; and "the holders of the Shares" shall mean WorldCom and/or its permitted assigns or successors.

  • The issuance, sale and delivery of the Preferred Stock Portion and the Common Stock Portion will have been duly authorized by the Closing Date by all necessary corporate action on the part of ILD.

  • If WorldCom at any time and from time to time should desire to sell the Preferred Stock Portion or the Common Stock Portion, it shall give ILD notice of such intention setting forth the terms upon which it proposes to make such sale and give ILD the first right to purchase all of such securities or such lesser portion as may be selected by ILD.

  • Any adjustment to the Purchase Price hereunder shall be accomplished only through adjustment to payments under the Note as set forth in the Note, and neither the Common Stock Portion nor the Cash Portion of the Purchase Price shall be adjusted subsequent to Closing.

  • The total aggregate value of the Common Stock Portion shall equal One Million Fifty Thousand Dollars ($1,050,000).

  • Except as set forth in Section 6.10 hereof, any adjustment to the Purchase Price hereunder shall be accomplished only through adjustment to payments under the Adjustable Note as set forth in the Adjustable Note, and none of the Common Stock Portion, the Cash Portion or the Non-Adjustable Note Portion of the Purchase Price shall be adjusted subsequent to Closing.

  • Each issued and outstanding share of Company Common Stock shall be entitled to its pro rata share of the Common Stock Portion, based upon the total number of shares of Company Common Stock outstanding at the Effective Time.

  • The total value of all of the Common Stock Portion and Preferred Stock Portion paid to the Shareholders collectively represents not less than fifty percent (50%) of the total Merger Consideration.

  • Each share of Common Stock outstanding immediately prior to the Effective Time (other than any shares of Common Stock held in the treasury of the Company immediately prior to the Effective Time, which shares shall be canceled and extinguished without any payment being made in respect thereof, or any Company Dissenting Shares) shall be converted into the right to receive a number of Parent Common Shares equal to the Common Stock Portion and the Additional Stockholder Consideration Portion.

  • The total aggregate value of the Common Stock Portion shall equal Nine Hundred Thousand Dollars ($900,000).


More Definitions of Common Stock Portion

Common Stock Portion means 20% of the Present Value of the Notes. The Common Stock Portion for each Debtor is:
Common Stock Portion means the Merger Consideration multiplied by a fraction, the numerator of which equal the number of shares of Company Common Stock outstanding immediately prior to the Effective Time and the denominator of which equals the Company Fully Diluted Shares.

Related to Common Stock Portion

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Common Stock Price means, as of a particular date, the average of the Fair Market Value of one share of Common Stock over the fifteen (15) consecutive trading days ending on, and including, such date (or, if such date is not a trading day, the most recent trading day immediately preceding such date); provided, however, that if such date is the date upon which a Transactional Change of Control occurs, the Common Stock Price as of such date shall be equal to the fair value, as determined by the Committee, of the total consideration paid or payable in the transaction resulting in the Transactional Change of Control for one share of Common Stock.

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Common Stock Dividend means a stock dividend declared and paid on the Common Stock that is payable in shares of Common Stock.

  • Per Share Merger Consideration has the meaning set forth in Section 3.1(a).