Examples of WorldPort Common Stock in a sentence
The following Shares shall not be converted into the right to receive the Per Share Amount at the Effective Time: (i) shares of WorldPort Common Stock owned by the Company, or any wholly owned subsidiary of the Company, or held by WorldPort, all of which shall be canceled; and (ii) Dissenting Shares (as defined below).
All WWC Shares, when so converted, shall no longer be outstanding and shall automatically be canceled and retired and each holder of a stock certificate representing any WWC Shares shall cease to have any rights with respect thereto, except the right to receive WorldPort Common Stock and the Cash and Note Payment described below, and any cash, without interest, in lieu of fractional shares to be issued or paid in consideration therefor upon the surrender of such stock certificate.
CONSENT AGENDAMotion by Commissioner Rainville, second by Commissioner Johnson, to approve the Consent Agenda as presented.
WorldPort shall deliver the 1,400,000 shares of WorldPort Common Stock to OTC Stock Transfer, Inc.
DDCA shall also be entitled to get the work executed from any other Bidder at my/our risk & cost.(Signature of Vendor) Name (In full) & Legal statusi.e. whether Proprietorship, Partnership, Company, RegisteredSociety, HUF Eligibility Criteria 1.
Heico may designate other holders of WorldPort Common Stock to contribute such stock to the Company in exchange for a portion of the Company Shares to be issued to Heico, provided that such persons become parties to this Agreement as "Securityholders" and shall thereafter be considered part of the Heico Interests.
If, after the Effective Time, any such holder fails to perfect or effectively waives, withdraws or loses such right, such WorldPort Common Stock will thereupon be treated as if they had been converted into and have become exchangeable for, at the Effective Time, the right to receive the Merger Consideration, without any interest or dividends thereon.
The WWC Shareholder represents and warrants that he has no present plan, intention or arrangement to sell, transfer or otherwise dispose of any shares of WorldPort Common Stock to be received in the Merger.
As of the Effective Time, by virtue of the Merger and without any action on the part of the WWC Shareholder and subject to the provisions of Section 1(f) hereof, all WWC Shares issued and outstanding immediately prior to the Effective Time shall be converted into 1,400,000 shares of validly issued, fully paid and nonassessable shares of WorldPort Common Stock.
The Deferred Stock has been duly and validly reserved for issuance from the authorized and unissued shares of WorldPort Common Stock by action of the WorldPort Board of Directors.