Examples of Original Common Stock in a sentence
Following any Spin-Off, the Calculation Agent shall calculate further adjustments pursuant to this Article 7 by applying the methodology set forth in this Article 7 to both the Original Common Stock and the New Common Stock.
If a Spin-Off occurs, the entity that is the Issuer immediately prior to the Spin-Off and the Publicly-Traded Entity resulting from the Spin-Off shall each be deemed to be the "Issuer" and the Original Common Stock and the New Common Stock shall each be deemed to be the "Common Stock".
From and after the Effective Date, subscriptions for or certificates representing shares of Original Common Stock are deemed to represent only the right to receive shares of Reverse Split Stock to which a stockholder would be entitled pursuant to the reverse stock split.
If the Company at any time subdivides its outstanding Original Common Stock or issues a stock dividend on shares of Original Common Stock, the number of Warrant Shares purchasable upon this Warrant's exercise immediately before such subdivision or stock dividend shall be proportionately increased, and the Exercise Price shall be proportionately decreased.
In the event of a sale of all our assets, or a controlling interest in our stock, all our Original Common Stock, Class A Common Stock, Class A+, Class AA and Class REG A offered in this Offering, will be converted at each class’ multiple conversion ratio, prior to calculation of payout due per share.