BE Stock definition
Examples of BE Stock in a sentence
As of February 23, 2001, there were issued and outstanding 26,003,203 shares of BE Stock.
This paragraph shall not in any way impair or limit the rights of the Shareholders to require the Company to purchase any or all of the unsold shares of BE Stock pursuant to Section 2.5.
Each holder of BE Stock is entitled to one vote per share of BE Stock owned by such holder.
When issued to the Shareholders, the shares of BE Stock, so issued will be duly authorized, validly issued, fully paid and nonassessable and free and clear of any Liens other than normal restrictions under federal or state securities law.
The Shareholder's only present intention to sell the BE Stock would be pursuant to an effective registration and qualification under applicable federal and states securities law.
The authorized BE Stock consists of 50,000,000 authorized shares at $.01 par value per share.
The Company desires to acquire the ▇▇▇▇▇ Shares from the Shareholders, and the Shareholders desire to transfer the ▇▇▇▇▇ Shares to the Company in exchange for shares of BE Stock (as defined in Section 1).
As to all of the BE Stock received by the Shareholders or held in Escrow not theretofore sold in the Public Offering, the Company shall have the right at any time to terminate or withdraw any registration initiated by it and to elect, at its sole option by giving written notice to the Shareholders and the Escrow Agent, to repurchase all unsold shares of BE Stock held by any Shareholder or the Escrow Agent.
Such interest shall continue to accrue until the earlier of the date all shares of BE Stock held by the Shareholders and the Escrow Agent are sold to the public or are repurchased by the Company pursuant to Sections 2.5(b) or (c).
If all shares of BE Stock held by the Shareholders and the Escrow Agent are not sold within 180 days of the Closing Date or repurchased by the Company pursuant to Section 2.5(b), then on the 180th day after the Closing Date, the Company shall purchase all the shares of BE Stock then held by each Shareholder and the Escrow Agent for an amount per share equal to the BE Closing Price.