Class L Common Stock Sample Clauses

Class L Common Stock. Upon the Effective Date of the Merger, each -------------------- share of Class L Common Stock of ChipPAC California issued and outstanding immediately prior thereto shall, by virtue of the Merger and without any action by the Constituent Corporations, the holder of such shares or any other person, be changed and converted into and exchanged for a number of fully paid and nonassessable shares of ChipPAC Delaware Class A Common Stock, $0.01 par value equal to the product of (A) [insert pre-IPO stock split number] multiplied by (B) the sum of (i) one plus (ii) the quotient of (x) the Unreturned Original Cost plus Unpaid Yield of such share of Class L Common Stock divided by (y) the price per share of the ChipPAC Delaware Common Stock paid by investors in the Public Offering. For purposes of this Section 3.3, the following terms shall have the following meanings:
Sample 1
AutoNDA by SimpleDocs
Class L Common Stock. 1 Closing.......................................................................................................... 3
Sample 1
Class L Common Stock. Upon the Effective Date of the Merger, each -------------------- share of Class L Common Stock of ChipPAC California issued and outstanding immediately prior thereto shall, by virtue of the Merger and without any action by the Constituent Corporations, the holder of such shares or any other person, be changed and converted into and exchanged for a number of fully paid and nonassessable shares of ChipPAC Delaware Class A Common Stock, $0.01 par value equal to the sum of (i) one plus (ii) the quotient of (x) the Unreturned Original Cost plus Unpaid Yield of such share of Class L Common Stock divided by (y) the price per share of the ChipPAC Delaware Common Stock paid by investors in the Public Offering. For purposes of this Section 3.3, the following terms shall have the following meanings:
Sample 1
Class L Common Stock. At the Effective Time, by virtue of the Merger and without any further action on the part of the Company or the holders thereof, each share of the Company's Class L Common Stock, par value $.001 per share (the "Class L Common") issued and outstanding immediately prior to the Effective Time (but not including any Class L Common held by the Buyer, the Acquisition Company or any of their Subsidiaries) in the treasury of the Company, which Class L Common, by virtue of the Merger and without any action on the part of the holders thereof, shall be canceled and retired and shall cease to exist with no payment being made with respect thereto) shall be converted into the right to receive the following:
Sample 1

Related to Class L Common Stock

  • Class A Common Stock Subject to applicable law and the rights, if any, of the holders of any outstanding series of Preferred Stock having a preference over or the right to participate with the Class A Common Stock with respect to the payment of dividends and other distributions in cash, stock of any corporation or property of the Corporation, the holders of Class A Common Stock shall be entitled to receive ratably, taken together as a single class, in proportion to the number of shares held by each such stockholder such dividends and other distributions as may from time to time be declared by the Board in its discretion out of the assets of the Corporation that are by law available therefor at such times and in such amounts as the Board in its discretion shall determine.

  • Class B Common Stock 2 Closing........................................................................5

  • Class A Shares Shares of the Company’s $0.01 par value common stock that have been designated as Class A.

  • Common Shares 4 Company...................................................................................... 4

  • Merger Sub Common Stock At the Effective Time, each share of common stock, par value $0.01 per share, of Merger Sub (“Merger Sub Common Stock”) issued and outstanding immediately prior to the Effective Time shall be automatically converted into one fully paid and nonassessable share of common stock, par value $0.01 per share, of the Surviving Corporation.

  • Common Stock Record Date Each Person in whose name any certificate for shares of Common Stock is issued (or to whose broker’s account is credited shares of Common Stock through the DWAC system) upon the exercise of Warrants shall for all purposes be deemed to have become the holder of record for the Common Stock represented thereby on, and such certificate shall be dated, the date on which submission of the Notice of Exercise was made, provided that the Warrant Certificate evidencing such Warrant is duly surrendered (but only if required herein) and payment of the Exercise Price (and any applicable transfer taxes) is received on or prior to the Warrant Share Delivery Date; provided, however, that if the date of submission of the Notice of Exercise is a date upon which the Common Stock transfer books of the Company are closed, such Person shall be deemed to have become the record holder of such shares on, and such certificate shall be dated, the next succeeding day on which the Common Stock transfer books of the Company are open.

  • Common Stock 1 Company........................................................................1

  • Class B Shares As of December 1, 2009, Class B shares of the Virtus Mutual Funds are no longer available for purchase by new or existing shareholders, except for the reinvestment of dividends or capital gains distributions into existing Class B share accounts, and for exchanges from existing Class B share accounts to other Virtus Mutual Funds with Class B shares.

  • Purchaser Common Stock Each share of common stock, par value $0.001 per share, of the Purchaser (the “Purchaser Common Stock”) issued and outstanding immediately prior to the Effective Time shall be converted into and become one newly and validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation.

  • Reservation of Class A Ordinary Shares The Company shall at all times reserve and keep available a number of its authorized but unissued Class A ordinary shares that shall be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.