Third Party TEC Common Shares definition

Third Party TEC Common Shares means TEC Common Shares which are not owned by TRC or an entity Controlled by TRC.

Examples of Third Party TEC Common Shares in a sentence

  • TRC may condition the issuance of shares of TRC Common Stock pursuant to an exercise of the Rights upon the provision by the holder of the Third Party TEC Common Shares or Vested Options so exchanged of evidence satisfactory to TRC that any such tax has been or will be paid in full.

  • Subject to the terms and conditions herein set forth, a Third Party TEC Common Shareholder or Optionholder shall be entitled to exercise the Rights with respect to all or any part of the Third Party TEC Common Shares or Vested Options, as applicable, registered in the name of such Third Party TEC Common Shareholder or Optionholder.

  • This Agreement will come into force and effect as of the date hereof and will automatically terminate on the date there ceases to be any outstanding Third Party TEC Common Shares or Stock Options and any rights to acquire the foregoing.

  • If only a part of the Third Party TEC Common Shares or Vested Options represented by any certificate or certificates, or agreement or agreements, delivered to TRC are to he exchanged by TRC under the Rights, a new certificate or agreement for the balance of such Third Party TEC, Common Shares or Vested Options shall be issued to the holder at the expense of TEC.

  • Concurrently with such Third Party TEC Common Shareholder or Optionholder ceasing to he a holder of Third Party TEC Common Shares or Vested Options, as applicable, the Third Party TEC Common Shareholder or Optionholder shall be considered and deemed for all purposes to be the holder of the shares of TRC Common Stock delivered to it pursuant to the Rights.

  • If only a part of the Third Party TEC Common Shares or Vested Options represented by any certificate or certificates, or agreement or agreements, delivered to TRC are to be exchanged by TRC under the Rights, a new certificate or agreement for the balance of such Third Party TEC Common Shares or Vested Options shall be issued to the holder at the expense of TEC.

  • Any transferee of Third Party TEC Common Shares who is not then a TEC Shareholder, shall prior to the consummation of, and as a condition to, such Transfer, execute and deliver to TEC and TRC a written agreement in the form attached hereto as Schedule “A” and such Person shall thereafter be a party for all purposes of this Agreement.

  • Concurrently with such Third Party TEC Common Shareholder or Optionholder ceasing to be a holder of Third Party TEC Common Shares or Vested Options, as applicable, the Third Party TEC Common Shareholder or Optionholder shall be considered and deemed for all purposes to be the holder of the shares of TRC Common Stock delivered to it pursuant to the Rights.

Related to Third Party TEC Common Shares

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

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

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

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

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

  • Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.

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

  • Company Preferred Shares means, collectively, the Company Series A-1 Preferred Shares, the Company Series A-2 Preferred Shares, the Company Series B Preferred Shares, and the Company Undesignated Preferred Shares.

  • Parent Common Shares means the common shares of beneficial interest, $0.01 par value per share, of Parent.

  • Fully-Diluted Common Stock means, at any time, the then outstanding Common Stock plus (without duplication) all shares of Common Stock issuable, whether at such time or upon the passage of time or the occurrence of future events, upon the exercise, conversion, or exchange of all then outstanding Common Stock Equivalents.

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

  • Non-Voting Common Stock means the non-voting common stock, par value $0.01 per share, of the Company.

  • Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.

  • Fully Diluted Company Shares means the total number of issued and outstanding shares of Company Common Stock, (a) after giving effect to the Company Preferred Stock or otherwise treating shares of Company Preferred Stock on an as-converted to Company Common Stock basis, and (b) treating all outstanding in-the-money Specified Company Warrants as fully vested and as if the Specified Company Warrants had been exercised for cash as of the Effective Time, but for the avoidance of doubt excluding any Company Securities described in Section 1.11(b).

  • Registrable Common Stock means (i) any shares of Common Stock issued as Stock Consideration, (ii) any other security into or for which the Common Stock referred to in clause (i) has been converted, substituted or exchanged, and any security issued or issuable with respect thereto upon any stock dividend or stock split or in connection with a combination of shares, reclassification, recapitalization, merger, consolidation or other reorganization or otherwise.

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Company Preferred Stock means the preferred stock, par value $0.001 per share, of the Company.

  • Common Stock means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

  • Additional Ordinary Shares means Ordinary Shares issued by the Guarantor following the issuance of the Subscribed Ordinary Shares;

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

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

  • Restricted Common Stock means shares of Common Stock which are, or which upon their issuance on the exercise of this Warrant would be, evidenced by a certificate bearing the restrictive legend set forth in Section 9.1(a).

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.