Examples of Group 1 Common Stock in a sentence
Group 1 shall reserve for issuance and shall issue, out of its authorized but unissued capital stock, such number of shares of Group 1 Common Stock as may be issuable upon consummation of the Acquisition.
If the number of shares of Group 1 Common Stock received by a Stockholder pursuant to this Agreement includes a fractional share as a result of a reverse stock split affecting the Group 1 Common Stock, such fractional share shall be rounded up to the nearest whole share of Group 1 Common Stock.
Each outstanding share of Group 1 Common Stock has been duly authorized, is validly issued, fully paid and nonassessable and was not issued in violation of the preemptive rights of any stockholder of Group 1.
Notwithstanding the above, no provision of this Agreement may be waived nor may this Agreement be amended after the Registration Statement has been filed with the SEC in accordance with the Securities Act unless, in the opinion of counsel to Group 1, such waiver or amendment will not result in the issuance of Group 1 Common Stock pursuant to the Acquisition being integrated (under United States securities laws) with the IPO.
With respect to the shares of Group 1 Common Stock received by the Stockholders, $14.00 per share shall be used for purposes of determining the value of the stock portion of the purchase price.
With respect to the shares of Group 1 Common Stock received by the Owners, $14.00 per share will be used for purposes of determining the value of the stock portion of the purchase price.
Prior to Closing the parties will agree on the value of the Group 1 Common Stock as part of the Closing Payment for purposes of determining the purchase price of the Assets.
All shares of Group 1 Common Stock issuable pursuant to the Acquisition are duly authorized and will, when issued, be validly issued, fully paid and nonassessable and not issued in violation of the preemptive rights of any stockholder of Group 1.
For the purposes of determining the number of shares of Group 1 Common Stock payable to the Stockholders hereunder, such shares shall be assigned a per share value of the average closing price of the Group 1 Common Stock on the New York Stock Exchange for the five trading days preceding the date on which such shares are issued.
Group 1 shall reserve for issuance and shall issue, out of its authorized but unissued capital stock, such number of shares of Group 1 Common Stock as may be issuable upon consummation of the Merger.