Common use of Parent Common Stock Clause in Contracts

Parent Common Stock. Holders of twenty percent (20%) or more of the shares of Parent Common Stock issued in Parent’s initial public offering of securities and outstanding immediately before the Closing shall not have exercised their rights to convert their shares into a pro rata share of the Trust Fund in accordance with Parent’s Charter Documents.

Appears in 6 contracts

Samples: Merger Agreement (Ithaka Acquisition Corp), Agreement and Plan of Reorganization (Endeavor Acquisition Corp.), Agreement and Plan of Reorganization (Endeavor Acquisition Corp.)

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Parent Common Stock. Holders of no more than twenty percent (20%) or more of the shares of Parent Common Stock issued in Parent’s initial public offering of securities and outstanding immediately before the Closing (“Parent IPO Shares”) shall not have exercised their rights to convert their shares Parent IPO Shares into a pro rata share of the Trust Fund in accordance with Parent’s Charter Documents. The amount of cash to be distributed by Parent as a result of the exercise by any holder of Parent IPO Shares to so convert such shares shall be referred to as the “Trust Fund Conversion Amount”.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Israel Technology Acquisition Corp.), Agreement and Plan of Merger (Israel Technology Acquisition Corp.)

Parent Common Stock. Holders of twenty percent (20%) or more of the shares of Parent Common Stock issued in Parent’s initial public offering of securities and outstanding immediately before the Closing shall not have exercised their rights to convert their shares into a pro rata share of the Trust Fund in accordance with Parent’s Charter Documents.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Services Acquisition Corp. International)

Parent Common Stock. Holders of twenty percent (20%) or more of the shares of Parent Common Stock issued in Parent’s initial public offering of securities and outstanding immediately before the Closing shall not have exercised their rights to convert their shares into a pro rata share of the Trust Fund in accordance with Parent’s Charter Documentscertificate of incorporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Renaissance Acquisition Corp.)

Parent Common Stock. Holders of twenty percent (20%) or more of the shares of Parent Common Stock issued in Parent’s initial public offering of securities IPO and outstanding immediately before the Closing shall not have exercised their rights to convert their shares into a pro rata share of the Trust Fund in accordance with Parent’s Charter Documents.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Echo Healthcare Acquisition Corp.)

Parent Common Stock. Holders of twenty percent (20%) or more of the shares of Parent Common Stock issued in Parent’s initial public offering of securities 's IPO and outstanding immediately before the Closing shall not have exercised their rights to convert their shares into a pro rata share of the Trust Fund in accordance with Parent’s 's Charter Documents.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Echo Healthcare Acquisition Corp.)

Parent Common Stock. Holders of twenty percent (20%) 496,032 or more of the shares of Parent Common Stock issued in Parent’s initial public offering of securities and outstanding immediately before the Closing shall not have exercised their rights to convert their shares into a pro rata share of the Trust Fund in accordance with Parent’s Charter Documents.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Trio Merger Corp.)

Parent Common Stock. Holders of Persons who hold twenty percent (20%) or more of the shares of Parent Common Stock issued in Parent’s initial public offering of securities and outstanding immediately before the Closing shall not have exercised their rights to convert their shares into a pro rata share of the Trust Fund in accordance with Parent’s Charter Documents.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Ascend Acquisition Corp.)

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Parent Common Stock. Holders of twenty percent (20%) or more of the shares of Parent Common Stock issued in the Parent’s initial public offering of securities and outstanding immediately before the Closing shall not have exercised their rights to convert their shares into a pro rata share of the Trust Fund in accordance with the Parent’s Charter Documents.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Restaurant Acquisition Partners, Inc.)

Parent Common Stock. Holders of twenty less than thirty percent (2030%) or more of the shares of Parent Common Stock issued in Parent’s initial public offering of securities and IPO outstanding immediately before the Closing shall not have exercised their rights to convert their shares into a pro rata share of the Trust Fund Account in accordance with the Parent’s Charter DocumentsCertificate of Incorporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alyst Acquisition Corp.)

Parent Common Stock. Holders of twenty thirty percent (2030%) or more of the shares of Parent Common Stock issued in Parent’s initial public offering of securities and outstanding immediately before as of the Closing record date for the Special Meeting shall not have exercised their rights to convert their shares into a pro rata share of the Trust Fund in accordance with Parent’s Charter Documentscertificate of incorporation.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Triplecrown Acquisition Corp.)

Parent Common Stock. Holders of twenty percent (20%) or more of the shares of Parent Common Stock issued in Parent’s 's initial public offering of securities and outstanding immediately before the Closing shall not have exercised their rights to convert their shares into a pro rata share of the Trust Fund in accordance with Parent’s 's Charter Documents.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Terra Nova Acquisition CORP)

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