Consideration Stock definition

Consideration Stock shall have the meaning set forth in Section 2.1(a) hereof.

Consideration Stock new common stock par value US$0.001 per share of the Purchaser calculated in accordance with clause 3, 4, 5, 6 and 13 and Schedule 1 of this Agreement and which shall not in any event exceed 125,051 (one hundred twenty five thousand fifty one) Shares of new Common Stock which equates in value to US$3,800,000 (three million eight hundred thousand US Dollars) calculated by reference to the Average Closing Price;

Consideration Stock has the meaning given in Clause 3.3;

Examples of Consideration Stock in a sentence

• The shares of Consideration Stock have been duly and validly authorized for issuance, offer and sale pursuant to this Agreement and, when issued and delivered as provided hereunder against payment in accordance with the terms hereof, shall be valid and binding obligations of the Target Company enforceable in accordance with their respective terms.

• The Target Company shall pay all stamp and other taxes and duties levied in connection with the issuance of the shares of Consideration Stock pursuant hereto.

• The Target Company shall not (i) distribute any offering materials in connection with the offering and sale of the shares of Consideration Stock other than the Disclosure Documents and any amendments and supplements thereto prepared in compliance herewith or (ii) solicit any offer to buy or sell the shares of Consideration Stock by means of any form of general solicitation or advertising.

• Neither the Target Company nor any Person acting on its behalf has taken or will take any action (including, without limitation, any offering of any securities of the Target Company under circumstances which would require the integration of such offering with the offering of the Consideration Stock under the Securities Act) which might subject the offering, issuance or sale of the Consideration Stock to the registration requirements of Section 5 of the Securities Act.

• Xxxxxxx, either alone or together with its representatives, has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of an investment in the shares of Consideration Stock to be acquired by it hereunder, and has so evaluated the merits and risks of such investment.

More Definitions of Consideration Stock

Consideration Stock shall have the meaning provided in SECTION 3.1(b).

Consideration Stock means the common stock par value $ 0.0001 per share, credited as fully paid, in the capital of the Purchaser to be allotted to the Vendors accordance with clause 3.1

Consideration Stock means (i) the Cubist Common Stock issued at the Effective Time pursuant to the Acquisition, (ii) the Exchangeable Shares issued at the Effective Time pursuant to the Acquisition and/or (iii) the Exchanged Shares.

Consideration Stock means the 25,000,000 exchangeable shares of the Purchaser, which are exchangeable into the Parent Consideration Stock.

Consideration Stock means the Magnum Hunter Stock to be issued to the Ambassador Shareholders under the Offer;

Consideration Stock shall include the Warrant and the common stock issuable upon exercise of the Warrant.

Consideration Stock the 1,322,118 shares of unregistered common stock in the Purchaser to be issued to the Vendors pursuant to clause 4.1;