Stock Offer definition
Examples of Stock Offer in a sentence
Upon the closing, which shall include full payment to the Company, of the sale to such other person or persons of all the Refused Securities, the Shareholders shall purchase from the Company, and the Company shall sell to the Shareholders the Offered Securities in respect of which Notices of Acceptance were delivered to the Company by the Shareholders, at the terms specified in the Stock Offer.
The failure of a Lender to notify the Company of its acceptance within such 30 days shall be deemed to be a rejection of the Capital Stock Offer.
Each Lender shall have the right to accept or decline the Capital Stock Offer by providing written notice to the Company with a copy to the Agent within 30 days of receipt of same.
The Payment Fund shall not be used for any purpose other than to pay the aggregate Common Stock Offer Price and Preferred Stock Offer Price in the Offer and the aggregate Merger Consideration in the Merger.
If any Lender accepts the Capital Stock Offer, three Business Days after such 30-day notice period terminates, the Company shall prepay accepting Lenders’ Loans with an aggregate prepayment price equal to such Net Equity Proceeds.
The Company shall make such New Common Stock Offer by providing each of the Investor Stockholders with a notice (the "New Common Stock Notice") setting forth (i) each of the Investor Stockholders' Pro Rata portion of such New Common Stock or such New Common Stock Units, as the case may be, (ii) the cash consideration to be paid for each share of New Common Stock or each New Common Stock Unit, as the case may be, and (iii) all other material terms of such New Common Stock Offer.
From time to time after the date hereof, unless this Agreement shall have been terminated in accordance with its terms, the Company shall extend the Exchangeable Preferred Stock Offer until all conditions thereto have been satisfied or waived.
Upon the closing which shall include full payment to the Company of the sale price to such other person or person of all of the Refused Securities, the Holders shall purchase from the Company and the Company shall sell to the Holders the Additional Securities in respect of which Notices of Acceptance were delivered to the Company by the Holders at the terms specified in the Additional Stock Offer.
Stockholder shall duly tender, in the Offer, all of Stockholder’s Subject Securities pursuant to and in accordance with the terms of the Offer; provided that the Common Stock Offer Price and/or the Preferred Stock Offer Price does not decrease.
For purposes of this Agreement, the term “Conversion Fraction” shall mean the quotient determined by dividing (x) the Common Stock Offer Price by (y) the average closing prices of one (1) shares of the Purchaser Stock on The Nasdaq National Market (as reported in the Wall Street Journal or, if not reported therein, any other authoritative source) for the five (5) trading days ending two (2) days prior to the Effective Time.