Stock Interests definition
Examples of Stock Interests in a sentence
If a fractional share results from such aggregation, then such fractional share will be rounded up to the nearest whole share and each holder of shares of Company Common Stock Interests who otherwise would be entitled to receive such fractional share of Parent Common Stock will receive one whole share in lieu of such fractional share.
On the Effective Date, holders of REIT Preferred Stock Interests will receive (1) a distribution of Cash based on their pro rata share of dividends accrued and unpaid prior to the Effective Date (if any) and (2) reinstatement of their REIT Preferred Stock Interests in the same number as they held as of the Distribution Record Date.
Upon execution and delivery of the Pledge Agreement, delivery to Lender of the certificates, if any, representing the LLC Interests, the LP Interests and the Stock Interests, and the filing of the Financing Statements with the Secretary of State of the State of Delaware, Lender shall have a first priority perfected security interest in the Collateral, subject to the Permitted Encumbrances.
On the Effective Date, the Constar Consolidated Subsidiary Stock Interests for each of the Consolidated Constar Entities, which Entities shall retain their separate legal existence, shall remain outstanding.
Upon execution and delivery of the Pledge Agreement, delivery to Lender of the certificates representing the LLC Interests, the LP Interests and the Stock Interests, the recording of the Jekyll Island Mortgage and the filing of the Financing Statements with the Secretaries of State of the state of, Delaware, Lender shall have a first priority perfected security interest in the Collateral, subject to the Permitted Encumbrances.