Stock Consideration definition
Examples of Stock Consideration in a sentence
With respect to the determination of the Stock Consideration, if the calculated number of shares thereof includes fractional shares, such number shall be rounded up to the next whole share.
The Stock Consideration to be issued pursuant to Agreement will not be issued in violation of and will not be subject to any preemptive rights, resale rights, rights of first refusal or similar rights.
The Stock Consideration to be issued pursuant to this Agreement has been duly authorized and, when issued to Seller upon consummation of the transactions contemplated hereby, the Stock Consideration will be validly issued, fully paid, non-assessable.
Buyer Parent shall take all action necessary to cause the Buyer Parent Common Stock to be issued as Stock Consideration to be approved for listing on The New York Stock Exchange prior to the Closing, subject to official notice of issuance.
Upon consummation of the transactions contemplated hereby, Seller will acquire good and valid title to the Buyer Parent Common Stock constituting the Stock Consideration free and clear of all Liens (other than restrictions on transfer which arise under applicable securities laws, under the Governing Documents of Buyer Parent as expressly set forth in this Agreement or the other Transaction Documents).