Current Stock definition

Current Stock means all stock outstanding on the close of business on the last Business Day prior to the Conversion Date.
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Current Stock means Goods already on hand at the Seller’s premises at the time of order or purchase at the Seller’s Cash &
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Examples of Current Stock in a sentence

  • The Current Stock Price shall be the fair market value, as determined by the Board of the Directors of the Company from time to time, provided that, if the Company's shares are traded on an exchange or over the counter, then the Current Stock Price shall be the average of the closing prices of the Company's common stock for the last 10 (ten) trading days.

  • The Current Stock Price for the initial issuance on September 1st, 2016 is $1.00 per share.

  • As used herein, the term “Warrant Value” of the Warrants being converted as of the date of such exercise shall equal the remainder derived from subtracting (a) (i) the Warrant Exercise Price multiplied by (ii) the number of Warrants being converted from (b) (i) the Current Stock Market Value of the Warrants being converted as of the date of such exercise multiplied by (ii) the number of Warrants being converted.

  • At the Effective Time, each holder of a Current Stock Award shall be paid in full satisfaction of such Current Stock Award a cash payment in an amount in respect thereof equal to the product of (i) the Merger Consideration and (ii) the number of shares of Common Stock subject to such Current Stock Award, less any income or employment tax withholding required under the Code or any provision of state or local law.

  • Once the Company reaches the APM Maximum Obligation for an Extended Interest Payment Period, the Company will not be obligated to issue more common stock or Qualified Warrants pursuant to this Section 13.5 prior to the Fifth Deferral Anniversary even if the Current Stock Market Price of the Company's common stock or the number of outstanding shares of its common stock subsequently increase.

  • Once the Company reaches the APM Maximum Obligation for an Optional Deferral Period, the Company will not be obligated to issue more Common Stock or Qualified Warrants pursuant to this Section 2.1(h) prior to the Fifth Deferral Anniversary even if the Current Stock Market Price of the Company's Common Stock or the number of outstanding shares of its Common Stock subsequently increase.

  • DISTRIBUTOR shall also provide a list of the Current Stock within fifteen (15) days of such date of expiration or early termination.

  • If a Holder revokes or in any way disavows any part of its Holder Certificate or the Company’s counsel reasonably determines (whether due to change in law, policy or market practice) that the Holder Certificate is materially inaccurate or that it no longer provides an adequate legal basis for the Legal Opinion, the Company will so notify the Holder, who will then promptly submit the Current Stock to the Company’s transfer agent for re-imposition of the 1933 Act restrictive legend.

  • Such stock options will be granted to Executive pursuant to Bancorp's Current Stock Option Plans.

  • If an Eligible Director has elected or elects to defer his or her Compensation earned after December 31, 2004 in Stock Units, the Committee shall credit on the Award Date to the Current Stock Unit Account of the Eligible Director a number of Units determined by dividing the present value of the Compensation deferred by the Eligible Director by the Average Fair Market Value of a share of Common Stock.

Related to Current Stock

  • Parent Stock means the common stock, par value $0.01 per share, of Parent.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Common Shares means the common shares in the capital of the Corporation;

  • Parent Stock Plan has the meaning set forth in Section 6.2(a).

  • Management Stock means Capital Stock of the Company or any Parent (including any options, warrants or other rights in respect thereof) held by any of the Management Investors.