Payments in Stock Sample Clauses

Payments in Stock. For any Milestone Payment to be paid to Ionis in Akcea common stock rather than cash, the price of such common stock will be the trailing 20 trading day average measured from the date on which Akcea provides notice to Ionis of the achievement of the corresponding Milestone Event and Akcea will issue to Ionis common stock pursuant to a stock purchase agreement consistent with the Stock Purchase Agreement, with appropriate modifications for the circumstance.
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Payments in Stock. No Employee Benefit Plan requires that any payments be made in the form of stock or other securities in TBG or its Subsidiary. 29 Neither this provision nor any other provision of this Agreement 23 requires written disclosure of payroll practices (such as overtime, jury duty and the like) or such fringe benefits as service and participation awards, free beverages at the work site, expense accounts, newspaper, magazine, newsletter and journal subscriptions, or uniforms.
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Payments in Stock. 24 3.10 Labor Relations................................................................................24 (a) Status................................................................................24 (b) Plant Closing Issues..................................................................25 (c) Family and Medical Leave Act of 1993..................................................25 3.11 Employees......................................................................................25 3.12
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Payments in Stock. No Employee Benefit Plan requires that any payments be made in the form of stock or other securities in CCBG or any Subsidiary. Neither this provision nor any other provision of this Agreement requires written disclosure of payroll practices (such as overtime, jury duty and the like) or such fringe benefits as service and participation awards, free beverages at the work site, expense accounts, newspaper, magazine, newsletter and journal subscriptions, or uniforms.
Sample 1
Payments in Stock. Each payment pursuant to Sections 5.1 and 5.2 shall be made one hundred percent (100%) in cash, except that DPI Germany will have the option to deliver up to forty percent (40%) of such payment in the form of DPI common stock listed on the NASDAQ market in lieu of cash which may only be exercised by written notice at least thirty (30) days prior to the respective due date. If DPI Germany elects to deliver DPI common stock, the number of DPI shares to be transferred to IFX on any due date shall be calculated on the basis of the average closing sales price of DPI common stock on the NASDAQ for the twenty (20) trading days ending on the second trading day prior to the due date. All DPI shares shall be delivered to the depository account: [****] or such other account as IFX may indicate in writing to DPI and DPI Germany at least ten (10) business days prior to the respective payment date. IFX is entitled to sell the equity without observing a lockout period, subject to compliance with applicable securities and other law. DPI shall, upon IFX's reasonable request, cooperate with IFX and provide IFX, without undue delay, with all necessary documents, registration rights, consents, and approvals necessary to comply with any applicable securities and other law (e.g., SEC rules) including compliance with registration statement requirements.
Sample 1
Payments in Stock. Each payment pursuant to Sections 5.4. and 5.5. shall be made one hundred percent (100%) in cash. For each payment pursuant to Section 5.1. and 5.3. DPI Germany will have the option to deliver up to forty percent (40%) of such payment in the form of DPI common stock listed on the NASDAQ market in lieu of cash which may only be exercised by written notice at least thirty (30) days prior to the respective due date. If DPI Germany elects to deliver DPI common stock, the number of DPI shares to be transferred to IFX on any due date shall be calculated on the basis of the average closing sales price of DPI common stock on the NASDAQ for the twenty (20) trading days ending on the second trading day prior to the due date. DPI shall request the current IFX bank and account information at least thirty (30) days prior to the delivery of the shares. IFX is entitled to sell the equity without observing a lockout period, subject to compliance with applicable securities and other law. DPI shall, upon IFX's reasonable request, cooperate with IFX and provide IFX, without undue delay, with all necessary documents, registration rights, consents, and approvals necessary to comply with any applicable securities and other law (e.g., SEC rules) including compliance with registration statement requirements.
Sample 1

Related to Payments in Stock

  • Distributions in Shares If any distribution upon any Deposited Securities consists of a dividend in, or free distribution of, Shares, the Depositary may, and shall if the Issuer shall so request, distribute to the Owners of outstanding Receipts entitled thereto, in proportion to the number of American Depositary Shares representing such Deposited Securities held by them respectively, additional Receipts evidencing an aggregate number of American Depositary Shares representing the amount of Shares received as such dividend or free distribution, subject to the terms and conditions of the Deposit Agreement with respect to the deposit of Shares and the issuance of American Depositary Shares evidenced by Receipts, including the withholding of any tax or other governmental charge as provided in Section 4.11 and the payment of fees of the Depositary as provided in Section 5.9. In lieu of delivering Receipts for fractional American Depositary Shares in any such case, the Depositary shall sell the amount of Shares represented by the aggregate of such fractions and distribute the net proceeds, all in the manner and subject to the conditions described in Section 4.1. If additional Receipts are not so distributed, each American Depositary Share shall thenceforth also represent the additional Shares distributed upon the Deposited Securities represented thereby.

  • Adjustments in Shares In the event of any recapitalization, forward or reverse stock split, reorganization, merger, consolidation, spin-off, combination, exchange of Shares or other securities, stock dividend, special or recurring dividend or distribution, liquidation, dissolution or other similar corporate transaction or event, the Committee, in its sole discretion, shall adjust the number of Shares or class of securities of the Corporation covered by the ISOs or the Exercise Price of the ISOs. The Option Xxxxxx agrees to execute any documents required by the Committee in connection with an adjustment under this Section 11.

  • Payments in General All payments of Rent shall be made directly by Lessee (whether or not any Sublease shall be in effect) by wire transfer of immediately available funds prior to 11:00 a.m., New York time, on the date of payment, to Lessor at its account at First Security Bank, National Association, 00 Xxxxx Xxxx Xxxxxx, 0xx Xxxxx, Xxxx Xxxx Xxxx, Xxxx 00000, ABA No. 000-0000-00, Account No. [-], Attention: Corporate Trust Department, Credit US Airways/US Airways, Inc. Trust No. N___U_ (or such other account of Lessor in the continental United States as Lessor shall direct in a notice to Lessee at least ten (10) Business Days prior to the date such payment of Rent is due); provided that so long as the Trust Indenture shall not have been fully discharged, Lessor hereby irrevocably directs and Lessee agrees, that, unless the Indenture Trustee shall otherwise direct, all Rent payable to Lessor and assigned to the Indenture Trustee pursuant to the Trust Indenture shall be paid prior to 11:00 a.m., New York time on the due date thereof in funds of the type specified in this Section 3(e) directly to the Indenture Trustee at its account at State Street Bank and Trust Company of Connecticut, National Association, 000 Xxxxxx Xxxxxx, Xxxxxxxx, Xxxxxxxxxxx 00000, ABA No. [-], Account No. [-], Reference: US Airways, Inc. 0000-0 XXXX/XX Xxxxxxx, Inc. Trust No. N___U_ (or such other account of the Indenture Trustee in the continental United States as the Indenture Trustee shall direct in a notice to Lessee at least ten (10) Business Days prior to the date such payment of Rent is due). Lessor hereby directs and Lessee agrees that all payments of Supplemental Rent owing to the Indenture Trustee or to a Loan Participant or any other Person (other than the Excluded Payments) pursuant to the Participation Agreement shall be made in Dollars in immediately available funds prior to 11:00 a.m., New York time, on the due date thereof at the office of the Indenture Trustee or at such other office of such other financial institution located in the continental United States as the party entitled thereto may so direct at least ten (10) Business Days prior to the due date thereof. All payments of Supplemental Rent, to the extent that such amounts constitute Excluded Payments, shall be made in Dollars in immediately available funds prior to 11:00 a.m., New York time, on the due date thereof, to the account of the Owner Participant or the account of such other Person entitled to such payment in each case specified in Schedule I to the Participation Agreement (or to such other account as may be specified in writing by the Owner Participant or the account of such other Person from time to time).

  • DISTRIBUTIONS AND REPURCHASES No distribution, payment or dividend of any kind will be declared or paid by Company, nor will any repurchase of any of Company's capital stock be approved or effected.

  • Payments in U.S. Dollars All payments due under this Agreement shall be drawn on a United States bank and shall be payable in United States dollars. Conversion of foreign currency to U.S. dollars shall be made at the conversion rate existing in the United States (as reported in the Wall Street Journal) on the last working day of the calendar quarter of the applicable REPORTING PERIOD. Such payments shall be without deduction of exchange, collection, or other charges, and, specifically, without deduction of withholding or similar taxes or other government imposed fees or taxes, except as permitted in the definition of NET SALES.

  • No Prohibition on Subsidiaries from Paying Dividends or Making Other Distributions No subsidiary of the Company is currently prohibited, directly or indirectly, from paying any dividends to the Company, from making any other distribution on such subsidiary's capital stock, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary's property or assets to the Company or any other subsidiary of the Company, except as described in or contemplated by the Prospectus.

  • Distributions Payable in Shares In the event that the Board of the Investment Company shall declare a distribution payable in Shares, the Investment Company shall deliver to FTIS written notice of such declaration signed on behalf of the Investment Company by an officer thereof, upon which FTIS shall be entitled to rely for all purposes, certifying (i) the number of Shares involved, and (ii) that all appropriate action has been taken to effect such distribution.

  • Limitation on Subsidiary Distributions Holdings will not permit any of the Restricted Subsidiaries that are not Guarantors to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or consensual restriction on the ability of any such Restricted Subsidiary to:

  • Restricted Investments Make any Restricted Investment.

  • Restricted Payments Declare or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do so, except that:

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