Examples of Acquired Company Stock in a sentence
As promptly as practicable, but in no case later than fifteen (15) business days after the Effective Date, Buyer (or an exchange agent appointed by Buyer) shall send to each holder of record of shares of Acquired Company Stock outstanding on the Effective Date transmittal materials for use in exchanging the certificates for such shares for certificates for shares of Buyer’s Common Stock into which such shares of Acquired Company Stock have been converted pursuant hereto.
A holder of Acquired Company Stock who receives cash in lieu of fractional shares of Parent Stock pursuant to the Merger will recognize gain or loss upon such exchange to the extent the amount of cash received is greater than or less than such holder's adjusted tax basis in such fractional shares.
SBC hereby agrees to sell, convey, assign and transfer the Acquisition Stock to the Acquired Company Shareholders in exchange for sale, conveyance, assignment and transfer to SBC of the Acquired Company Stock.
The description of the Acquired Company Stock that is contained in 1.2 of this agreement is true, correct, complete and accurate in any and all respects and constitutes 100% of all of the issued and outstanding stock of the Acquired Company.
The change was explained as a compromise between the original bill and the House Energy and Commerce committee’s amendment to a commission structure when considering the bill.
Therefore, the Max Hour increment equals the remainder of 33.3%.These peaking factors are specific to the District and reflect the peaking characteristics of the District's water system.
Prior to the Closing, the Acquired Company and/or the Acquired Company Shareholders will deliver to SBC true, correct, accurate and complete copies of all of the contracts, agreements and documents that comprise or relate to the Acquired Company or the Acquired Company Stock in any way.
SBC is the sole party in interest agreeing to purchase the Acquired Company Stock by entering into this Agreement.
The Acquired Company, shall also deliver to SBC any and all such other documents and instruments of conveyance, assignment and transfer, and such other items, as may be reasonably requested or necessary in order to vest good and marketable title to the Acquired Company Stock by SBC on or prior to the date of the Closing.
There are no warrants or other interests or rights to acquire the Acquired Company Stock other than a conversion on the preferred stock (1 Preferred Share can be converted to 75 Common Shares) to be exchanged for Common Shares and any issued Common Shares of Biometrics Security Inc.