PCC Stock definition

PCC Stock means any shares of capital stock of PCC (including the Class A Common Stock) or any option, warrant, or other debt or equity interest convertible into or evidencing the right to acquire (whether or not for additional consideration) any shares of capital stock of PCC.
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Examples of PCC Stock in a sentence

  • Within three business days following the Effective Time, PCC shall establish a $2,410,375 Irrevocable Standby Letter of Credit, issued by Citibank, N.A. (the “Letter of Credit”), for the benefit of the holders of Class B Common Stock (“Beneficiaries”), permitting draw by such Beneficiaries upon unilateral notice to Citibank, N.A. certifying that payment is due under the PCC Stock Purchase Agreement, and that payment has not been otherwise made by PCC.

  • Within three business days following the Effective Time, PCC shall establish a $2,410,375 Irrevocable Standby Letter of Credit, issued by Citibank, N.A. (the "Letter of Credit"), for the benefit of the holders of Class B Common Stock ("Beneficiaries"), permitting draw by such Beneficiaries upon unilateral notice to Citibank, N.A. certifying that payment is due under the PCC Stock Purchase Agreement, and that payment has not been otherwise made by PCC.

  • The Paxson Stockholders and PCC shall enter into a Stock Purchase Agreemen▇ ▇▇ ▇he form attached hereto as Exhibit C (the "PCC Stock Purchase Agreement").

  • An election by Sellers to receive the Contingent Cash Payment or PCC Stock Consideration under this Section 2.3(b) shall be irrevocable once made, and any adjustment to the Purchase Price shall be made solely pursuant to Section 2.3(c), if applicable.