Newco Stock definition
Examples of Newco Stock in a sentence
As of the Effective Time, each outstanding share of Newco Stock shall remain outstanding and unchanged.
Newco shall have executed and delivered the Newco Stock Purchase Agreement.
At the Effective Time, each deemed RhinoRx Stock Option shall cease to exist and shall be automatically converted into a Newco Stock Option on the same terms and conditions as applied to the original Transferring Rhino Option immediately before the Distribution Time and Newco shall assume each such Newco Stock Option.
Wellsford covenants that it shall cause Newco to apply the Contribution Funds (as defined in the Contribution Agreement) and shall cause Newco to request purchases of shares of Newco under the Newco Stock Purchase Agreement to the extent that Newco does not repay such indebtedness from other sources and obtain such releases by other means.
ERP Operating Partnership shall have executed and delivered the Newco Stock Purchase Agreement.