Stock Sale definition

Stock Sale means a transaction or series of related transactions in which a Person, or a group of related Persons, acquires from stockholders of the Company shares representing more than fifty percent (50%) of the outstanding voting power of the Company.
Stock Sale means a sale of Common Stock to an Eligible Person under Section 6.8.
Stock Sale means a sale by the Company’s stockholders, in one transaction or series of related transactions, of equity securities that represent, immediately prior to such transaction or transactions, at least a majority by voting power of the equity securities of the Company pursuant to an agreement approved by the Board and entered into by the Company.

Examples of Stock Sale in a sentence

  • Each council member shall receive the electronic, proposed agenda and agenda package on their iPads by Friday afternoon prior to the Monday meeting for the January meeting and the June meeting with the new budget and ten (10) days prior to all other regularly scheduled council meetings, and proposed agenda shall be available for public inspection and distribution or copying when it is distributed to the council members.

  • In connection with the transfer by NTT Communications of approximately 12.6 million shares of PLDT’s common stock to NTT DoCoMo pursuant to a Stock Sale and Purchase Agreement dated January 31, 2006 between NTT Communications and NTT DoCoMo, the FP Parties, NTT Communications and NTT DoCoMo entered into a Cooperation Agreement, dated January 31, 2006.

  • EFH should not recognize gain for U.S. federal income tax purposes as a result of the Contribution or the Reorganized TCEH Conversion other than gain recognized pursuant to the transfer of assets to the Preferred Stock Entity and the Spin-Off Preferred Stock Sale.

  • If the Spin-Off is effectuated pursuant to the terms and conditions set forth in Article IV.B.2, pursuant to the Spin-Off Preferred Stock Sale, gain will be triggered in an amount not in excess of, and in order to achieve, the Basis Step-Up.

  • Distributions under the Plan with respect to the TCEH Debtors shall be funded with, as applicable: (1) Cash on hand at the TCEH Debtors; (2) the New Reorganized TCEH Debt and/or the Cash proceeds thereof; (3) the Cash proceeds of the Spin-Off Preferred Stock Sale or any sale of stock or securities pursuant to the Taxable Separation; (4) the Reorganized TCEH Common Stock; and (5) the Spin-Off TRA Rights (if any) or Taxable Separation TRA Rights (if any).


More Definitions of Stock Sale

Stock Sale has the meaning set forth in Section 2.1.
Stock Sale means a sale of Common Stock to an Eligible Person under Section 6.8 of this Plan.
Stock Sale means sale of Common Stock by the Company, KKR or an affiliate of KKR to a third party.
Stock Sale means the date as of which at least a majority of the Company's then outstanding common stock is sold in a single transaction or series of substantially related transactions and, unless otherwise approved by the Board, the consideration paid is cash or marketable securities.
Stock Sale has the meaning set forth in the recitals.
Stock Sale shall have the meaning set forth in Section 1.18.
Stock Sale the sale by a party or its stockholders in a single transaction or series of substantially contemporaneous related transactions of more than fifty percent (50%) of the party's outstanding voting securities entitled to vote in the election of directors.