Eligible Stock definition

Eligible Stock means the issued and outstanding shares of Common Stock (i) that have been issued pursuant to the Agreement and Plan of Merger (the "Merger Agreement") by and among the Company, the Security Holder, LOPI Acquisition Corp. and Louisiana Onshore Properties, Inc., (ii) that have been issued upon conversion of the Series A Convertible Preferred Stock issued pursuant to the Merger Agreement; (iii) that have been purchased by the Security Holder upon the exercise of its rights pursuant to the Stock Rights and Restrictions Agreement; and (iv) that may be issued pursuant to Section 2.7 of the Stock Rights and Restriction Agreement.

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Eligible Stock means the 7,082,030 shares of Common Stock issued in the name of Security Holder, representing all equity shares of the Company beneficially owned by Security Holder after giving effect to the transactions contemplated by the Option Agreement.

Eligible Stock means all Stock save for any Stock which, at any time and in the opinion of the Agent:

Examples of Eligible Stock in a sentence

Upon execution of this Agreement, Employer will grant to Principal to participate in any Stock Option Plan or Eligible Stock Option Pool to be administered by the Board of Directors or the Compensation Committee of the Company.
The holder of this Warrant may, at any time on or after the date hereof but not later than the Expiration Date, exercise this Warrant in whole or in part for the number of Stock Units which such holder is then entitled to purchase hereunder (the "Eligible Stock Units").
All rights with respect to Company Common Stock under outstanding Eligible Stock Options shall thereupon be converted into rights with respect to Parent Common Stock.
As to each French Stock Option for which a Put-Call Option is fully executed prior to the Effective Time, such French Stock Option shall continue to be exercisable for shares of common stock of the Surviving Corporation, and shall not be deemed an Eligible Stock Option or otherwise assumed by Parent at the Effective Time.
Any French Stock Option for which a Put-Call Agreement is not in place prior to the Effective Time will be deemed an Eligible Stock Option and subject to the provisions of Section 1.6(a).

More Definitions of Eligible Stock

Eligible Stock as defined in Section 1.3(e).

Eligible Stock means the shares of common stock of Star Scientific, Inc. pledged by the ▇’▇▇▇▇▇▇▇ Trust in support of the Obligations pursuant to the ▇’▇▇▇▇▇▇▇ Stock Pledge Agreement to the extent freely tradeable.

Eligible Stock has the meaning given to it in Schedule 3 Part I (Reporting and Financial Undertakings).

Eligible Stock means shares of common stock of a corporation that satisfies the following: (i) the corporation's common stock, as a class, is registered with the Commission under ▇▇▇▇▇▇▇ ▇▇(▇) ▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇, (▇▇) the corporation's common stock, as a class, is registered for trading on the New York Stock Exchange or the NASDAQ National Market, and (iii) the average weekly reported volume of trading in the corporation's securities on the NYSE or the NASDAQ National Market during the four calendar weeks preceding an agreement to sell the Subject Shares is greater than the number of shares of stock to be received by the Stockholders in the transaction.

Eligible Stock has the meaning ascribed to it in the Restructuring Term Sheet.

Eligible Stock means all Stock save for any Stock which, at any time and in the reasonable opinion of the Agent:

Eligible Stock. “Eligible Stock” means either (a) 21% of the total amount of New Common Stock issued pursuant to the Plan subject to dilution by the MIP (but not subject to dilution by the Equity Rights Offering or the Backstop Commitment Premium) or (b)