Examples of Legacy Common Stock in a sentence
Pursuant to the distribution, 1.00105 shares of Legacy Common Stock were distributed for each share of stock held in TIGE.
On the Distribution Date, subject to the conditions and rights of termination set forth in this Agreement, Excel shall deliver to the Agent a share certificate representing all of the then outstanding shares of Legacy Common Stock owned by Excel and shall instruct the Agent to distribute, on or as soon as practicable following the Distribution Date, such Legacy Common Stock to the Holders.
Excel shall instruct the Agent to determine the number of whole shares and fractional shares of Legacy Common Stock allocable to each holder of record of Excel Common Stock as of the Distribution Record Date.
No certificate or scrip representing fractional shares of Legacy Common Stock shall be issued as part of the Distribution and in lieu thereof, each holder of Excel Common Stock who would otherwise be entitled to receive a fractional share of Legacy Common Stock will receive cash for such fractional share.
I hereby tender all of the shares of Series A Preferred Stock set forth above solely for Price Legacy Common Stock in the amount of 4.2 shares of Common Stock (or 1.05 shares of Common Stock after giving effect to Price Legacy's proposed 1-for-4 reverse stock split) for each share of Series A Preferred Stock.
Neither Legacy nor WPC shall be liable to any holder of shares of WPC Common Stock or Legacy Common Stock, as the case may be, for such shares (or dividends or distributions with respect thereto) or cash delivered to a public official pursuant to any applicable abandoned property, escheat or similar law.
Tendering holders should indicate in the applicable box the name and address to which shares of Series A Preferred Stock not tendered or not accepted for exchange or certificates representing Price Legacy Common Stock and/or Series 1 Preferred Stock to be exchanged for Series A Preferred Stock in connection with the Exchange Offer are to be issued or sent, if different from the name and address of the registered holder signing this Letter of Transmittal.
As part of the Merger, each outstanding share of Legacy Common Stock will be converted into the right to receive the Merger Consideration pursuant to the terms of Article III.
All shares of Legacy Common Stock issuable pursuant to the Legacy Stock Option Plan will be duly authorized, validly issued, fully paid and non-assessable when issued upon the terms and conditions specified in the instruments pursuant to which they are issuable.
On the Closing Date, the shares of Legacy Common Stock for which shares of WPC Common Stock shall be exchanged in the Merger will have been duly authorized and, when issued and delivered in accordance with this Agreement, such shares of Legacy Common Stock will be validly issued, fully paid and non-assessable.