PEC Common Stock definition

PEC Common Stock means the outstanding shares of common stock, $0.01 par value, of PEC.
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Examples of PEC Common Stock in a sentence

  • The PEC Common Stock is designated as a national market security on an inter-dealer quotation system by the National Association of Securities Dealers, Inc.

  • As of the date hereof, the authorized capital stock of PEC consists of 50,000,000 shares of common stock, par value $0.01 per share ("PEC Common Stock") and 1,000,000 shares of preferred stock, par value $0.01 per share ("PEC Preferred Stock").

  • No certificates representing fractional shares of PEC Common Stock shall be issued.

  • On the Effective Date, if not previously satisfied in full in accordance with the terms of the Private Placement Agreement and/or the Rights Offering Backstop Commitment Agreement, as applicable, any outstanding Expense Reimbursements shall be paid in Cash and any outstanding Commitment Premiums and Ticking Premiums, if any, shall be paid in Reorganized PEC Common Stock in accordance with the Private Placement Agreement and the Rights Offering Backstop Commitment Agreement, as applicable.

  • All shares of PEC Common Stock issuable pursuant to the Stock Purchase in accordance with this Agreement, will be, when so issued, duly authorized, validly issued, fully paid and non-assessable and free of preemptive rights.

  • The Option Holders will receive the same amount of PEC Common Stock upon exercise of their PEC Stock Options as they would have received had they exercised their UTI Stock Options before the Merger and received PEC Common Stock in the Merger in exchange for the UTI Common Stock they would have received as a result of such exercise.

  • The Pro Rata Split A fundamental component of the Global Settlement embodied in the Plan is the Pro Rata Split, which is used to calculate the allocation of Reorganized PEC Common Stock, Rights Offering Equity Rights and Rights Offering Penny Warrants (as defined below and in the Plan) between Second Lien Noteholders and the holders of General Unsecured Claims against the Encumbered Guarantor Debtors (Class 5B under the Plan).

  • PEC shall pay the value of such Adjusted PEC Performance Units in the form of PEC Common Stock in accordance with regular PEC Stock Plan administrative procedures as soon as practicable on or after December 31, 2007, but no later than March 15, 2008.

  • The Warrant Holders will receive the same amount of PEC Common Stock upon exercise of their PEC Warrants as they would have received had they exercised their UTI Warrants before the Merger and received PEC Common Stock in the Merger in exchange for the UTI Common Stock they would have received as a result of such exercise.

  • The Merger shall have been adopted by the affirmative vote of the holders not less than a majority of the outstanding shares of UTI Common Stock, and the Agreement and the Charter Amendment shall have been adopted by the affirmative vote of the holders of not less than a majority of the outstanding shares of PEC Common Stock.

Related to PEC Common Stock

  • Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • Holdings Common Stock means the common stock, par value $0.01 per share, of Holdings.

  • Pubco Common Stock means all classes and series of common stock of Pubco, including the Class A Common Stock and Class B Common Stock.

  • Amalco Common Shares means the common shares in the capital of Amalco;

  • Series A Common Stock means the Series A Common Stock, par value $0.01 per share, of the Company.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of the Company.

  • Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of the Company.

  • Company Common Stock means the common stock, par value $0.01 per share, of the Company.

  • Fully-Diluted Common Stock means, at any time, the then outstanding Common Stock plus (without duplication) all shares of Common Stock issuable, whether at such time or upon the passage of time or the occurrence of future events, upon the exercise, conversion, or exchange of all then outstanding Common Stock Equivalents.

  • Parent Common Stock means the common stock, par value $0.01 per share, of Parent.

  • Series B Common Stock means the Series B Common Stock, par value $0.01 per share, of the Company.

  • Common Stock means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

  • Merger Sub Common Stock means the common stock, par value $0.01 per share, of Merger Sub.

  • New Common Stock means shares of Common Stock and/or securities convertible into, and/or other rights exercisable for, Common Stock, which are offered or sold in a New Transaction.

  • Outstanding Company Common Stock means the outstanding shares of Common Stock, par value $1 per share, of the Company;

  • Existing Common Stock means shares of common stock of Delphi that are authorized, issued, and outstanding prior to the Effective Date.

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

  • Voting Common Stock means the voting common stock, par value $0.01 per share, of the Company.

  • Class A Common Shares means shares of the Class A Common Stock, par value $.01 per share, of the Company.

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

  • Class B Common Shares means shares of the Class B Common Stock, par value $.01 per share, of the Company.

  • Common Shares means the common shares in the capital of the Corporation;

  • Acquiror Common Stock means the common stock, $0.001 par value per share, of Acquiror.