Available Stock definition

Available Stock means the aggregate number of shares of Stock available for delivery pursuant to the Plan

Available Stock means the aggregate number of shares of Stock

Available Stock means all of the Sun Common Stock held by or for FNB, except that in the case of an intended transfer, sale or exchange of Sun Common Stock described in Paragraph 6(a) or (d) hereof, the term "Available Stock" shall mean the kind and amount of Sun Common Stock described in the written notice required by Paragraph 6. Sun shall have the right to purchase the Available Stock for a period of thirty (30) days after Sun's receipt of written notice from FNB of its intent to transfer such shares. If the amount of Available Stock to be transferred, sold or exchanged is less than one percent (1%) of the shares of Sun Common Stock then outstanding, Sun shall have the right to purchase the Available Stock at a price equal to the arithmetic average of the bid and asked prices for Sun Common Stock reported on the National Market System of the National Association of Securities Dealers Automated Quotation System (NASDAQ/NMS) on the day most immediately preceding the day the Available Stock is to be purchased by Sun for which such prices are available. If the amount of Available Stock to be transferred, sold or exchanged is equal to or greater than one percent (1%) of the of the shares of Sun Common Stock then outstanding, Sun shall have the right to purchase the Available Stock at a price equal to the greater of the Closing Market Price (as hereinafter defined) or the price offered for the Available Shares by a third party not affiliated with FNB. For purposes of this Agreement, the Closing Market Price shall be the arithmetic average of the average of the per share closing bid and asked prices reported for Sun Common Stock for the fifteen (15) trading days immediately preceding the date on which the notice to Sun pursuant to Paragraph 6 was received by Sun, as reported on the NASDAQ/NMS. In the event that NASDAQ/NMS shall fail to report a closing bid and asked price for Sun Common Stock for any trading day during the fifteen (15) day period, the closing bid and asked price reported for that day shall be equal to the average of the closing bid and asked prices as reported: (i) by Janney Montgomery Scott, Inc. and by F. J. Morrissey & Co., Inc.; or, in xxx xvxxx xxxx xxxxxxx of these firmx xx xxxx xxxxxg a market in Sun Common Stock, (ii) by two brokerage firms then making a market in Sun Common Stock to be selected by Sun and approved by FNB.

Examples of Available Stock in a sentence

• The computer will keep track of your inventories and future contracts automatically and calculate your Available Cash (the amount of cash you have available to buy units of X) and Available Stock (the number of assets that you have available to sell) for both the Spot Market and Futures Market.

• For purposes of this Section 5, any shares of Stock that are delivered by the Corporation, and any Awards that are granted by, or become obligations of, the Corporation, through the assumption by the Corporation or a Subsidiary of, or in substitution for, outstanding awards previously granted by an acquired company, shall not be counted against the aggregate number of shares of Available Stock.

• For purposes of this Section 5, if an Award (other than a Dividend Equivalent) is denominated in shares of Stock, the number of shares of Stock covered by such Award, or to which such Award relates (or in the case of Restricted Stock Units or Performance Shares, the maximum number of shares of Stock deliverable pursuant thereto), shall be counted on the date of grant of such Award against the aggregate number of shares of Available Stock.

• Each share of Stock issued or delivered pursuant to any Award (other than an Option or SAR) granted under this Plan shall, for purposes of Section 5(a), reduce the number of shares of Available Stock by two and twenty one hundredths (2.20) shares of Stock for each such share of Stock.

• Subject to the adjustment provisions of Section 9 and the provisions of this Section 5, the aggregate number of shares of Available Stock shall be 6.8 million plus any shares of Stock subject to awards granted under the Prior Plans that may be available again for delivery pursuant to this Section 5.

More Definitions of Available Stock

Available Stock means an approximate amount of any Service User, which is present in the Terminal at any time other than Terminal Operation Gas allocated to the relevant Service User.

Available Stock means an amount equal to (i) the Stock Consideration, m

Available Stock means an amount equal to (i) the Stock Consideration, minus (ii) an amount equal to (a) 0.5 multiplied by (b) the aggregate Merger Consideration payable to all Qualifying Holders who are Management Holders pursuant Section 2.1(c), Section 2.1(e), Section 2.1(g) and Section 2.2(b) (including, in each case, amounts to be contributed to the Escrow Fund with respect thereto pursuant to Section 2.5).

Available Stock shall have the meaning set forth in Section 3.6.1.

Available Stock shall have the meaning given such term in Section 10.3(a).

Available Stock as defined in Section 4.2(b).

Available Stock has the meaning set further in Section 5.1 (c) hereof.