Mint Capital definition
Examples of Mint Capital in a sentence
SELLER: Mint Capital, a Virgin Islands Company By: /s/ Date: 6/15/04 Sirri Hamad Its: GASCO Inc., a Virgin Islands Company By: /s/ Date: 6/15/04 Sirri Hamad Its: BUYER: COST-U-LESS, INC.
On or prior to the Closing, the Holder shall have transferred to LSI all stock certificates evidencing outstanding shares of Mint Capital Stock, duly endorsed for transfer, for the purpose of cancellation.
As a result of the Merger, all Mint Capital Stock will be canceled and extinguished.
On behalf of Mint Capital, Inc., the undersigned authorized officer hereby accepts the foregoing Subscription Application and agrees to cause certificates representing the Shares to the foregoing subscriber.
In consideration of this Indenture and to secure the due payment of all principal and interest on the Debentures issued and Authenticated hereunder and all other moneys for the time being and from time to time owing on the security of these presents and on the Debentures, Mint Capital hereby agrees to execute and deliver to the Trustee, on the Effective Date, the Mint Capital Guarantee.
Each share of Mint Capital Stock issued and outstanding immediately prior to the Effective Time (other than any shares of Mint Capital Stock to be cancelled pursuant to the Capital Stock Contribution) shall be converted into the right to receive $22.00 per share (the "Purchase Price"), with 10% of such per share amount (an aggregate of $700,000) being deposited pursuant to and subject to the Escrow Agreement (as defined herein) pursuant to Article VIII below (the "Cash Escrow Fund").
All Cash Consideration, stock options of LSI, and other consideration issued upon the surrender or exchange of shares of Mint Capital Stock or options to purchase Mint Capital Stock in accordance with the terms hereof shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares of Mint Capital Stock.
DELIVERY RATE: 300 Megawatts Per Hour CONTRACT QUANTITY: 76,800 Total Megawatt Hours DELIVERY TERM: June 15, 2002 - June 30, 2002 CONTRACT SCHEDULE: Monday - Sunday HE 07:00 - HE 22:00 PPT All Days, Including NERC Holidays PRICE: $********** DELIVERY POINT: **** SCHEDULING: Duke Energy Trading and Marketing L.L.C. 24-Hour Dispatch: (801) 531-5130.
The foregoing Purchase Price shall be adjusted to reflect fully the effect of any stock split, reverse stock split, stock dividend, reorganization, recapitalization or other like change with respect to Mint Capital Stock occurring after the date hereof and prior to the Effective Time.