Stratus Common Stock definition

Stratus Common Stock means Stratus’s common stock, $0.001 par value.
Stratus Common Stock has the meaning specified in the recitals of this Agreement.

Examples of Stratus Common Stock in a sentence

  • From and after the six-month anniversary of the Closing Date until the one-year anniversary of the Closing Date, Xxxxxxx'x Transfers of Stratus Common Stock under this Investor Rights Agreement shall be limited to Transfers (i) in periodic sales under a Registration Statement, and (ii) made in compliance with Rule 144 of the Securities Act.

  • Promptly upon receipt of a written request from Stratus, if Xxxxxxx and its Affiliates cease to Beneficially Own at least 5.0% of the issued and outstanding shares of Stratus Common Stock, then Xxxxxxx shall use its commercially reasonable efforts to cause the Designated Director to resign as a member of the Board and all committees thereof.

  • No certificates or scrip representing fractional shares of Stratus Common Stock shall be issued and any fractions shall be rounded up or down to the nearest whole share.

  • In the event that Xxxxxxx and its Affiliates are the Beneficial Owners of less than 5.0% of the issued and outstanding shares of Stratus Common Stock, Xxxxxxx shall have no right to designate any directors to the Board.

  • Any Transfer or attempted Transfer of shares of Stratus Common Stock in violation of this Section 3.5 shall, to the fullest extent permitted by law, be null and void ab initio, and Stratus shall not, and shall instruct its transfer agent and other third parties not to, record or recognize any such purported transaction on the share register of Stratus.

  • From and after the one-year anniversary of the Closing Date, Xxxxxxx may Transfer shares of Stratus Common Stock in any way permitted by applicable law.

  • For so long as Xxxxxxx and its Affiliates are the Beneficial Owners of at least 5.0% of the issued and outstanding shares of Stratus Common Stock, then Xxxxxxx shall have the right to designate one Designated Director.

  • Except as otherwise permitted in this Agreement, during the period beginning on the date hereof and ending on the six-month anniversary of the Closing Date, Xxxxxxx will not, and shall cause its Affiliates not to, transfer, sell, assign, pledge or otherwise dispose, directly or indirectly (“Transfer”), of any shares of Stratus Common Stock acquired pursuant to the Stock Purchase Agreement.

  • All share numbers with respect to the Stratus Common Stock including the Merger Consideration are before giving effect to such reverse split.

  • Neither Ascend nor Stratus, nor any of their respective directors, officers, employees or agents, shall be liable to any holder of shares of Stratus Common Stock or Ascend Common Stock, as the case may be, for such shares (or dividends or distributions with respect thereto) delivered to a public official pursuant to any applicable abandoned property, escheat or similar law.

Related to Stratus Common Stock

  • Holdings Common Stock means the common stock, par value $0.01 per share, of Holdings.

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • Pubco Common Stock means all classes and series of common stock of Pubco, including the Class A Common Stock and Class B Common Stock.

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

  • Common Stock means the common stock of the Company.

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

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • Merger Sub Common Stock means the shares of common stock, par value $0.001 per share, of Merger Sub.

  • Parent Common Stock means the common stock, par value $.001 per share, of Parent.

  • Series A Common Stock means the Series A Common Stock, par value $0.01 per share, of the Company.

  • Fully-Diluted Common Stock means the outstanding Common Stock and the shares of Common Stock issued or issuable upon exercise of Warrants (assuming full exercise).

  • New Common Stock means shares of Common Stock and/or securities convertible into, and/or other rights exercisable for, Common Stock, which are offered or sold in a New Transaction.

  • Ordinary Shares shall have the meaning given in the Recitals hereto.

  • Common Share Price means the volume weighted average per share trading price of the Common Shares on the TSX for the 10 consecutive Trading Day period ending on the Trading Day immediately before the occurrence of a Trigger Event, or if the Common Shares are not then listed on the TSX, the principal stock exchange on which the Common Shares are then listed or quoted (being the stock exchange with the greatest volume of trading in the Common Shares during the previous six months), or if such shares are not listed or quoted on any stock exchange, or if no such trading prices are available, the Floor Price.

  • Common Share means one share of the common stock of the Company.

  • Acquiror Common Stock means the common stock, par value $0.01 per share, of the Acquiror.

  • Parent Common Shares means the common shares of the Parent;

  • Series B Common Stock means the Series B Common Stock, par value $0.01 per share, of the Company.

  • Company Common Stock means the common stock, $0.001 par value per share, of the Company.

  • A Ordinary Shares means the A ordinary shares of £0.01 each in the capital of the Company;

  • Company Common Shares means shares of Company Common Stock.

  • New Ordinary Shares means the new Ordinary Shares arising on Conversion of the C Shares;

  • New Common Shares means the common stock or common equity of Reorganized XOG to be issued on the Effective Date.

  • Existing Common Stock means shares of common stock of Delphi that are authorized, issued, and outstanding prior to the Effective Date.

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.