Stock Holdings Sample Clauses

Stock Holdings. The minimum stock holding of the Pharmaceutical that must be held by you (or on your behalf) in New Zealand and available for supply is set out in Annex 1.
Sample 1Sample 2
AutoNDA by SimpleDocs
Stock Holdings. None, except as received in settlement of liabilities created in the ordinary course of business plus investments not to exceed $25,000,000 in total. The Borrower will be ineligible from purchasing any securities should the Company's Leverage Ratio exceed 50%.
Sample 1
Stock Holdings. Also in consideration of the Employee’s promises, covenants and releases set forth in this Agreement, including the releases given by the Employee to the Company and the other Company Releasees (as defined below) in Sections 9 and 10 of this Agreement, and contingent upon: (a) the Employee’s execution and delivery of this Agreement to the Company during the Review Period (as defined below in Section 10); (b) this Agreement becoming effective and not revoked (as defined below in Section 10); and (c) the Employee’s compliance with all the terms and conditions of this Agreement, the Employee shall retain all 216,667 shares of Company stock in Employee's account, #00000000 at ClearTrust, inclusive of the 33,333 unvested shares restricted share awards that do not vest until December 2, 2021. At the request of Employee, the Company will provide appropriate legal opinion letters to ClearTrust regarding Employee's submission of a Rule 144 legend removal request.
Sample 1
Stock Holdings. Upon consummation of the transactions contemplated by the Closing and, it will own the capital stock of the Company set forth opposite its name on Schedule 1 of the Stockholders Agreement.
Sample 1
Stock Holdings. (a) The Investor holds 5,400,000 shares of the Company's Common Stock, par value $0.00001 per share (the "Common Stock") which were purchased in private placements, and an additional 555,555 shares of Common Stock which were issued to the Investor in connection with his service to the Company as an officer and director. Under that certain Amendment to the Employment Agreement (the "Amendment") by and between the Company and the Investor dated as of even date herewith, the Company agreed to issue 88,888 shares of Common Stock to the Investor for services. Under the Amendment, the Investor also was issued a Common Stock Purchase Warrant (the "Warrant"), dated as of even date herewith, pursuant to which the Investor has the right to purchase 2,000,000 shares of Common Stock at an exercise price per share of $0.18. All of the foregoing shares, whether held now by the Investor or received by the Investor in the future as compensation for services or upon exercise of the Warrant, are herein referred to as the "Shares".
Sample 1
Stock Holdings. As of the Effective Date, each of Worthington and the Management Investor will own that number of shares of Class A Common Stock and Class B Common Stock set forth below opposite his or its name. Original Number of Shares of Number of Shares of Stockholder Class A Common Stock Class B Common Stock ----------- -------------------- -------------------- Management Investor 8,515 7,390,400 Worthington 5,527,600 472,000
Sample 1

Related to Stock Holdings

  • Capital Stock of the Company The authorized capital stock of the COMPANY is as set forth in Section 1.4(i). All of the issued and outstanding shares of the capital stock of the COMPANY are owned by the STOCKHOLDERS and in the amounts set forth in Annex II and further, except as set forth on Schedule 5.3, are owned free and clear of all liens, security interests, pledges, charges, voting trusts, restrictions, encumbrances and claims of every kind. All of the issued and outstanding shares of the capital stock of the COMPANY have been duly authorized and validly issued, are fully paid and nonassessable, are owned of record and beneficially by the STOCKHOLDERS and further, such shares were offered, issued, sold and delivered by the COMPANY in compliance with all applicable state and federal laws concerning the issuance of securities. Further, none of such shares were issued in violation of the preemptive rights of any past or present stockholder.

  • Subsidiaries; Capital Stock As of the Closing Date, (a) Schedule 4.15 sets forth the name and jurisdiction of incorporation of each Subsidiary and, as to each such Subsidiary, the percentage of each class of Capital Stock owned by any Loan Party and (b) there are no outstanding subscriptions, options, warrants, calls, rights or other agreements or commitments (other than stock options and restricted stock units granted to employees or directors and directors’ qualifying shares) of any nature relating to any Capital Stock of the Parent Borrower or any Restricted Subsidiary, except (i) with respect to Capital Stock of Loan Parties, as created by the Loan Documents and (ii) otherwise, as permitted by this Agreement.

  • Capital Stock of Merger Sub At the Effective Time, each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into and exchanged for one validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation. Each stock certificate of Merger Sub evidencing ownership of any such shares shall continue to evidence ownership of such shares of capital stock of the Surviving Corporation.

  • Capital Stock of Subsidiaries All of the outstanding capital stock of, or other equity or voting interest in, each Subsidiary of the Company (i) has been duly authorized, validly issued and is fully paid and nonassessable; and (ii) except for director’s qualifying or similar shares, is owned, directly or indirectly, by the Company, free and clear of all liens (other than Permitted Liens) and any other restriction (including any restriction on the right to vote, sell or otherwise dispose of such capital stock or other equity or voting interest) that would prevent such Subsidiary from conducting its business as of the Effective Time in substantially the same manner that such business is conducted on the date of this Agreement.

  • Merger Sub Capital Stock At and after the Effective Time, each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into one share of common stock of the Surviving Corporation.

  • Subsidiaries; Equity Interests The Parent does not own, directly or indirectly, any capital stock, membership interest, partnership interest, joint venture interest or other equity interest in any person.

  • Capital Stock of Sub Each issued and outstanding share of capital stock of Sub shall be converted into and become one validly issued, fully paid and nonassessable share of common stock, par value $0.01 per share, of the Surviving Corporation.

  • Newco Prior to the Effective Time, Newco shall not conduct any business or make any investments other than as specifically contemplated by this Agreement and will not have any assets (other than the minimum amount of cash required to be paid to Newco for the valid issuance of its stock to the Parent).

  • Capital Stock and Ownership The Capital Stock of each of Holdings and its Subsidiaries has been duly authorized and validly issued and is fully paid and non-assessable. Except as set forth on Schedule 4.2, as of the date hereof, there is no existing option, warrant, call, right, commitment or other agreement to which Holdings or any of its Subsidiaries is a party requiring, and there is no membership interest or other Capital Stock of Holdings or any of its Subsidiaries outstanding which upon conversion or exchange would require, the issuance by Holdings or any of its Subsidiaries of any additional membership interests or other Capital Stock of Holdings or any of its Subsidiaries or other Securities convertible into, exchangeable for or evidencing the right to subscribe for or purchase, a membership interest or other Capital Stock of Holdings or any of its Subsidiaries. Schedule 4.2 correctly sets forth the ownership interest of Holdings and each of its Subsidiaries in their respective Subsidiaries as of the Closing Date.

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