Deemed Common Stock definition

Deemed Common Stock means the Class A Common Stock and the shares of Class A Common Stock issuable upon conversion of the Series A Preferred Stock and the Class C Common Stock in accordance with the terms of the Certificate of Incorporation (for purposes of this Agreement, such shares of Class A Common Stock shall be deemed to be outstanding), provided that Deemed Common Stock shall not include Converted Common.
Sample 1

Examples of Deemed Common Stock in a sentence

  • If the Offered Shares are accepted for purchase by more than one Shareholder, the Offered Shares shall be allocated among such accepting Shareholders pro rata based on their respective ownership of Deemed Common Stock.

  • Such expenses may include reasonable compensation to the Holders’ Representative, as approved by a majority of the then outstanding holders of Deemed Common Stock Trust Common Units in the event Mr. Xxxxx Xxxx is no longer employed by Parent.

  • If there is a vacancy at any time, in the position of the Holders’ Representative for any reason, such vacancy shall be filled by a majority of the of the votes of the outstanding Deemed Common Stock Trust Common Units, shall appoint a replacement Holders’ Representative and notify Parent of such replacement in accordance with the terms of this Agreement.

  • Subject to Section 7(b) below, each share of Preferred Stock shall be automatically converted at 5:00 p.m. New York City time, on the second Business Day immediately following the Trigger Date (such date, the “Preferred Conversion Date”), without the payment of additional consideration by the holder thereof, into such number of shares of Common Stock as is determined by dividing the Original Issue Price by the Deemed Common Stock Value in effect at the time of conversion.

  • The MTR is of the opinion that the previous change in emphasis from working with a few large VCCs as specified in the programme design, to one where the Programme will work with a larger number of VCCOs at the community level, was justified and that the modified approach has the potential to reach the overall development objective as originally specified.

  • If the Corporation shall at any time or from time to time after the Original Issue Date effect a subdivision of the outstanding Common Stock, the Deemed Common Stock Value in effect immediately before that subdivision shall be proportionately decreased so that the number of shares of Common Stock issuable on conversion of each share of Preferred Stock shall be increased in proportion to such increase in the aggregate number of shares of Common Stock outstanding.

Related to Deemed Common Stock

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

  • Fully-Diluted Common Stock means, at any time, the then outstanding Common Stock plus (without duplication) all shares of Common Stock issuable, whether at such time or upon the passage of time or the occurrence of future events, upon the exercise, conversion, or exchange of all then outstanding Common Stock Equivalents.

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • Pubco Common Stock means all classes and series of common stock of Pubco, including the Class A Common Stock and Class B Common Stock.

  • Restricted Common Stock means shares of Common Stock which are, or which upon their issuance on the exercise of this Warrant would be, evidenced by a certificate bearing the restrictive legend set forth in Section 9.1(a).

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

  • Registered Common Stock shall have the meaning set forth in Section 13(b) hereof.

  • Common Stock means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

  • Company Stock means, collectively, the Company Common Stock and the Company Preferred Stock.

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

  • Class D Common Stock means the Class D Common Stock, par value $0.01 per share, of the Company.

  • Non-Voting Common Stock means the non-voting common stock, par value $0.01 per share, of the Company.

  • Voting Common Stock means the voting common stock, par value $0.01 per share, of the Company.

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

  • Underlying Common Stock means the Common Stock into which the Notes are convertible or issued upon any such conversion.

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

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

  • Target Common Stock means the common stock, $.0001 par value per share, of Target.

  • Ordinary Shares shall have the meaning given in the Recitals hereto.

  • New Common Stock means shares of Common Stock and/or securities convertible into, and/or other rights exercisable for, Common Stock, which are offered or sold in a New Transaction.

  • Common Share means one share of the common stock of the Company.

  • Merger Sub Common Stock means the common stock, par value $0.01 per share, of Merger Sub.

  • Series A Common Stock means the Series A Common Stock, par value $0.01 per share, of the Company.

  • Existing Common Stock means shares of common stock of Delphi that are authorized, issued, and outstanding prior to the Effective Date.

  • Registered Common Shares means Common Shares which are, as of the date of consummation of a Business Combination, and have continuously been for the 12 months immediately preceding such date, registered under Section 12 of the Exchange Act.

  • Common Stock Equivalent means any Convertible Security or warrant, option or other right to subscribe for or purchase any Additional Shares of Common Stock or any Convertible Security.