Sun Common Stock definition

Sun Common Stock shall have the meaning set forth in the recitals of this Agreement.

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Sun Common Stock means the common stock of Sun, no par value.

Sun Common Stock means the common stock of Sun of the class authorized and designated as common stock, par value $0.00067 per share, at the date of this Second Supplemental Indenture, held by the Escrow Agent under the Escrow Agreement, or the Common Stock of any Issuer so held by the Escrow Agent that is issued in exchange or substitution for all outstanding shares of such Common Stock, as such shares of Common Stock may be changed or reclassified from time to time by any combination, subdivision or reclassification thereof to which Section 504 hereof applies.

Examples of Sun Common Stock in a sentence

• The Purchase Price equals the par value of a share of Sun Common Stock (a “Share”).

• Notwithstanding anything herein to the contrary, no fractional shares of New Sun Common Stock shall be issued in connection with the Distribution, and any such fractional share interests to which a stockholder would otherwise be entitled will not entitle such stockholder to vote or to any rights of a stockholder of New Sun.

• New Sun shall be obligated to pay any brokerage or other fees in connection with the sale of aggregated fractional shares of New Sun Common Stock.

• ELECTION—a combination of cash and stock as follows: shares of Sentry Common Stock for cash; and shares of Sentry Common Stock for shares of Sun Common Stock, plus cash for any fraction of shares.

• All shares of New Sun Common Stock issued pursuant to the Distribution will be validly issued, fully paid and nonassessable and free of any preemptive (or similar) rights.

• In lieu of any such fractional shares, each stockholder who, but for the provisions of this Section 3.02, would be entitled to receive a fractional share interest of New Sun Common Stock pursuant to the Distribution shall be paid cash without any interest thereon, as hereinafter provided.

• ELECTION—a combination of cash and stock as follows: Stock Purchase Warrants for cash; and Stock Purchase Warrants for shares of Sun Common Stock, plus cash for fraction of shares.

• Notwithstanding anything herein to the contrary, and after taking into consideration cash paid in lieu of fractional shares, and after excluding shares for which no consideration is payable as described in Section 2.2(a), 80% of the outstanding Sun Common Stock shall be exchanged for Omega Common Stock and all remaining outstanding Sun Common Stock shall be converted into the right to receive cash.

• The holders of the Convertible Preferred Securities, the Convertible Debentures issuable in respect of the Convertible Preferred Securities, the shares of Sun Common Stock issuable upon conversion of the Convertible Preferred Securities and the Convertible Debentures, and the Guarantee (collectively, the "REGISTRABLE SECURITIES") are entitled to the benefits of a Registration Rights Agreement, dated as of May 4, 1998, between the Company and the Initial Purchasers (the "REGISTRATION RIGHTS AGREEMENT").

• Notwithstanding this Article XIII, no adjustment will be made pursuant to this Article if the Company makes proper provision for each Holder of Convertible Preferred Securities who converts a Convertible Preferred Security to receive, in addition to the Sun Common Stock issuable upon such conversion, the kind and amount of assets (including securities) if such Holder had been a holder of the Common Stock at the time of the distribution of such assets or securities.