Examples of MCSC Common Stock in a sentence
MCSC has sufficient authorized shares of common stock in order to issue the MCSC Common Stock to the Stockholders at the Closing.
All outstanding shares of MCSC Common Stock have been duly authorized and validly issued and are fully paid and nonassessable, and none of the outstanding shares of MCSC Common Stock has been issued in violation of the preemptive rights of any person, firm or entity.
As of the date hereof and the Closing Date, the MCSC Common Stock is and will be qualified and listed on the Nasdaq National Market System and MCSC knows of no restriction on the ability of the MCSC Common Stock to trade thereon, except for the restrictions set forth herein and those resulting from applicable law, regulation and the rules of the Nasdaq.
The MCSC Common Stock to be issued to the Stockholders pursuant to Section 2.3(b) hereof shall, on the Closing Date, be duly authorized, validly issued, fully paid and non-assessable and free and clear of all Liens of MCSC.
As of October 8, 1997, there were 4,020,776 shares of MCSC Common Stock issued and outstanding, and there were no shares of MCSC Preferred Stock issued and outstanding.
As of the date hereof, there are no Rights authorized, issued or outstanding with respect to the capital stock of MCSC, except for (A) shares of MCSC Common Stock issuable pursuant to the MCSC 1996 Stock Option Plan and the MCSC Non-Employee Directors Stock Option Plan and (B) by virtue of this Agreement and (C) pursuant to certain agreements to acquire the stock or assets of other entities.
No holder of a certificate theretofore representing shares of MW Common Stock shall be entitled to receive any dividends in respect of MCSC Common Stock into which such shares shall have been converted by virtue of the Merger until the certificate representing such shares is surrendered in exchange for a certificate or certificates representing whole shares of MCSC Common Stock (plus cash in lieu of any fractional share interest).
As of the date hereof, neither MW nor any Stockholder nor any of their Affiliates or Associates, (i) beneficially owns, directly or indirectly, or (ii) is a party to any agreement, arrangement or understanding for the purpose of acquiring, holding, voting or disposing of, in each case, shares of MCSC Common Stock.
In the event that dividends are declared and paid by MCSC in respect of MCSC Common Stock after the Effective Time but prior to the holder's surrender of certificates representing shares of MW Common Stock, dividends payable to such holder in respect of whole shares of MCSC Common Stock not then issued shall accrue (without interest).
TBS shall provide to its Stockholders certain information regarding this Agreement, the Merger, the transactions contemplated hereby and the MCSC Common Stock, which information shall be reasonably satisfactory to MCSC prior to its dissemination to them.