USF Shares definition

USF Shares means Buyer's common stock, par value $.01 per share.
USF Shares has the meaning set forth in the second preamble to this Agreement.
USF Shares means that number of shares of common stock of USF, par value $0.01 per share, equal to the result obtained by dividing $43,400,000 by the USF Shares Average Price; and "USF Shares Average Price" means the average (rounded to the nearest eighth of a point) of the closing prices for shares of common stock of USF as reported by the New York Stock Exchange for the 20 consecutive trading days ending on the fifth trading day immediately preceding the Closing Date.

Examples of USF Shares in a sentence

  • The USF Shares to be issued pursuant hereto shall have --------------- been authorized for listing on the NYSE, subject to official notice of issuance.

  • If between the date hereof and Closing the ------------------------ issued and outstanding USF Shares shall have been changed into a different number of shares as a result of a stock split, reverse stock split, stock dividend, recapitalization, reclassification or other similar transaction (a "Stock Adjustment Event") with a record or effective date within such period, the Purchase Price USF Shares and the Debt Repayment USF Shares shall be adjusted proportionately.

  • The USF Shares Average Value shall not exceed ------------------------ $32.125.

  • Buyer shall be satisfied that there shall be a valid ----------------- private placement of the USF Shares to be delivered pursuant hereto under the Securities Act and under any applicable state securities laws, including representations or questionnaires or both from each Company Stockholder to the effect that each has such knowledge and experience in financial and business matters that would permit him to be capable of evaluating the merits and risks of an investment in the USF Shares.

  • Seller is acquiring the Debt Repayment USF Shares and the Company Stockholders are acquiring the Purchase Price USF Shares not with a view to or in connection with any distribution of such shares.

  • Buyer's authorized capital consists of (i) -------------- 75,000,000 USF Shares, of which 28,118,782 shares were issued and outstanding as of March 31, 1996, and (ii) 3,000,000 shares of Preferred Stock, none of which is issued and outstanding.

  • The USF Shares Average Value shall equal or ------------------------ exceed $21.375.

  • The USF Shares shall have been authorized for listing on the NYSE, subject to official notice of issuance.

  • The issuance of the Purchase Price USF --------------------------- Shares and the Debt Repayment USF Shares has been duly authorized by Buyer's Board of Directors, and upon issuance and delivery under the terms hereof, all such shares shall be duly authorized by all necessary corporate action, validly issued, fully paid and nonassessable.

  • Upon delivery of the Debt Repayment USF Shares, the Insider Company Debt shall be deemed paid in full.


More Definitions of USF Shares

USF Shares has the meaning given that term in Section 2.4.
USF Shares means the 371,229 shares of Purchaser Common Stock delivered by the Purchaser to the Seller on the date hereof and any securities issued with respect to the USF Shares by reason of any Stock Event.
USF Shares shall have the meaning ascribed thereto in the Purchase Agreement which shares are to be delivered by USF to UU on the date hereof and any securities issued with respect to the USF Shares by reason of any stock split, stock dividend, combination or similar recapitalization of the USF Shares after the date hereof. Unless the context otherwise requires:
USF Shares has the meaning given that term in SECTION 2.7(a)(ii).

Related to USF Shares

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

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

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.

  • Unit Shares means the Common Shares comprising part of the Units;

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Series B Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series B, of the Company.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

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

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

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

  • class of Shares refers to the division of Shares into two or more classes as provided in Article III, Section 1 hereof;

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Public Shares means the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • Series A Shares means the Company’s Series A Preferred Stock, par value $0.01 per share.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

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

  • Series A Stock means the Company's Series A Convertible Redeemable Preferred Stock, par value $.005 per share.

  • Common Stock means the common stock of the Company.