SCC Stock definition

SCC Stock means all of the stock in any form (including any stock splits or other reformulations) that is traceable to the 54.2 percent of SCC shares owned by ASARCO or SPHC on March 30, 2003.
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Examples of SCC Stock in a sentence

  • At the Effective Time, the stock transfer books of SCC shall be closed and no transfer of shares of SCC Stock shall thereafter be made.

  • If, after the Effective Time, certificates or other evidence of ownership of SCC Stock are presented to TruServ, they shall be canceled and exchanged for the TruServ securities, cash in lieu of fractional shares or other payment to which they are entitled in accordance with the terms hereof.

  • There are no stock options or similar rights to acquire any shares of SCC Stock.

  • At and after the Effective Time, the holders of shares of SCC Stock to be exchanged pursuant to this Agreement shall cease to have any rights as stockholders of SCC, except for the right to surrender such Certificates or other evidence of ownership in exchange as provided hereunder or such rights as are provided under Pennsylvania law as to dissenters' rights.

  • Any communication relating to this Framework Contract or to its implementation shall be made in accordance with Article II- 26 (“Means of communication”).

  • Co▇▇▇▇ shall have received all state securities or blue sky permits and other authorizations necessary to issue the shares of TruServ stock in exchange for the shares of SCC Stock and to consummate the Merger.

  • All of the issued and outstanding shares of SCC Stock are validly issued, fully paid, nonassessable and free of preemptive rights or similar rights created by statute, the Articles of Incorporation or Bylaws of SCC or any agreement to which SCC or any of its subsidiaries is a party or by which SCC or any of its subsidiaries is bound.

  • AMC shall (a) have the right to exercise all voting, consensual and other powers of ownership pertaining to the SCC Shares and any additional shares of SCC Stock deposited into the Escrow Account pursuant to the provisions of Sections 2(c) and 2(d) above for all purposes not inconsistent with the terms of this Escrow Agreement; and (b) be entitled to receive and retain any dividends, distributions or proceeds on the SCC Shares and such additional shares.

  • All of the shares of Co▇▇▇▇ ▇tock issuable in exchange for shares of SCC Stock at the Effective Time in accordance with this Agreement will be, when so issued, duly authorized, validly issued, fully paid and nonassessable.

Related to SCC Stock

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

  • Common Stock means the common stock of the Company.

  • Company Stock means, collectively, the Company Common Stock and the Company Preferred Stock.

  • Public Shares means the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.