Control Stock definition

Control Stock means the block of shares that directly or indirectly ensures its holders the individual and/or shared exercise of the Controlling Power of the Company;
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Control Stock means shares of the equity securities of Persons organized under the laws of the United States, any State thereof or the District of Columbia (i) which are publicly traded in the United States and listed on a national securities exchange in the United States, (ii) which have ordinary voting power for the election of members of the board of directors or other equivalent management body of such Person, and (iii) of which, on the relevant date, the Borrower owns, beneficially and of record, and controls the power to vote 10% or more of the aggregate outstanding voting common shares of such issuer.
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Control Stock means that number of shares of the capital stock of the Company which is sufficient to give the holder or holders thereof the power to elect all of the members of the board of directors of such corporation; Control Stock shall be deemed "owned" only if owned both legally and beneficially; provided that in the case of stock owned by the estate of C.W. Suggs, the interest therein of heirs and devisees shall be disregarded xxxxx xxx of such stock is transferred from the estate to any such heir or devisee; provided further that for purposes of this Section 7.14, including for purposes of the representation and the warranty given in the next sentence, C.W. Suggs or the Successor Trustees, as the case may be, shall be deemed to xxx xxxxx which is owned by Carroll W. Suggs, Robert L. Suggs, and Frank A. Suggs or any trust created uxxxx xxx xxxx xx Rxxxxx X. Xxxxx for so xxxx xx X.X. Suggs or the Successor Trustees, as apprxxxxxxx, xxx xxe right to vote xxxx xxxxx. Subject to the last proviso of the immediately preceding sentence, the Company represents and warrants that according to the stock records of the Company, and to the best of the Company's knowledge, C.W. Suggs owns the Control Stock.
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Examples of Control Stock in a sentence

  • Material Costs: Importance of Materials Cost, Constituents of material cost; Centralised & Decentralised Purchase of Materials, Purchase Procedure, Documents; Storage of Materials: Storage records; Material Control: Stock Levels (Maximum, Minimum, Re-Order & Danger Level), Meaning of Economic Order Quantity and its applications, Periodic Inventory vs.

  • Following the receipt of the Trustee Notice, the Company shall, within three (3) business days following the Company’s receipt of such Trustee Notice, make a cash payment to the Trustee equal to the Change of Control Stock Value of such Shares against delivery of such Shares by the Trustee to the Company.

  • For purposes of this Section 7, the Trustee’s determination of the Change of Control Stock Value of a Participant in the Trust shall be binding and conclusive.

  • The Control Stock is not listed on any regional or national exchange, and the Control Stock is not quoted over-the-counter on any electronic intermediary quotation system.

  • The retirement benefit obligation recognized in the statement of financial position represents value of the defined benefit obligation.Actuarial gains and losses arising from experience adjustments and changes in actuarial assumptions were directly charged to statement of income in prior periods.

  • Notwithstanding the foregoing, upon a Change in Control Stock Purchase Rights shall be subject to the terms of the ESPP Addendum.

  • The council’s inventories comprise items for Central Depot Stores, Vending Machine Stock, Pest Control Stock and the Postal Franking Machine.

  • Transferability: The STI Performance Rights are not transferable (and consequently, will not be quoted on ASX or any other exchange).

  • Dock Stock Receivers, Produce Inspectors, Grocery Inventory Control Stock Replenishers, Dock Tow- Line Fork Lift Operators.

  • We have not subsequently registered the Control Stock; however, the Control Stock does appear on the stock transfer ledger maintained by the company.


More Definitions of Control Stock

Control Stock means common stock issued by a corporation organized under the laws of the United States, any State thereof or the District of Columbia, which stock is publicly traded in the United States and listed on a national securities exchange in the United States and of which the Borrower or 250 Rodeo owns, beneficially and of record, and controls the power to vote 10% or more of the aggregate outstanding voting common shares of such issuer.
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Control Stock means publicly traded equity securities of U.S. domestic entities in which the Company owns, beneficially and of record, and controls the power to vote, 10% or more of the overall equity securities thereof.
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Control Stock shall refer to the shares of Class A Stock of the Company or the shares of Class B Common Stock, par value $0.01 per share, of the Company (the "Class B Stock") into which the Class A Stock shall have converted, if the conversion of the Class A Stock into shares of Class B Stock shall have occurred prior to or upon the Closing, it being understood that pursuant to the Company's Amended and Restated Certificate of Incorporation (the "Charter") the Class A Stock will so convert upon the Closing, and as used herein, the term "Company Stock" shall refer to the total shares of Class A Stock and Class B Stock combined);
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Control Stock means that stock in the Corporation that, except for this Section 12, would, if aggregated with all other stock in the Corporation (including stock in the Corporation the acquisition of which is excluded from the definition “Control Stock Acquisition” below) owned by a Person or in respect of which that Person is entitled to exercise or direct the exercise of voting power, except solely by virtue of a revocable proxy, entitle that Person, directly or indirectly, to exercise or direct the exercise of the voting power of any class or series of stock in the Corporation within any of the following ranges of voting power:
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Related to Control Stock

  • Company Capital Stock means the Company Common Stock and the Company Preferred Stock.

  • Parent Capital Stock means the Parent Common Stock and Parent Preferred Stock.

  • Control share acquisition means the acquisition by any Person of Beneficial Ownership of shares of the Trust, which, but for the provisions of this Article XIII, would have voting rights and which, when added to all other shares of the Trust beneficially owned by such Person (including shares otherwise included in the categories enumerated in Section 1(c)(2)(i) through (vi) below), would entitle such Person, upon acquisition of such shares, to vote or direct the voting of shares of the Trust having voting power in the election of Trustees (except for elections of Trustees by preferred shareholders of the Trust voting as a separate class) within any of the following ranges of such voting power:

  • Treasury Capital Stock has the meaning assigned to such term in Section 6.04(a)(viii).

  • Common Stock means the common stock of the Company.

  • Excess Stock means Excess Stock as defined in Section 7.4 of the Company's Amended and Restated Articles of Incorporation.

  • Parent Common Stock means the common stock, par value $.001 per share, of Parent.

  • Voting Capital Stock means with respect to any Person, securities of any class or classes of Capital Stock in such Person ordinarily entitling the holders thereof (whether at all times or at the times that such class of Capital Stock has voting power by reason of the happening of any contingency) to vote in the election of members of the board of directors or comparable governing body of such Person.

  • voting equity securities means equity securities having voting power for the election of directors, whether at all times or only so long as no senior class of security has such voting power by reason of any contingency.

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

  • Parent Common Shares means the common shares of the Parent;

  • Control Transaction means any of the following transactions or any combination thereof:

  • Shares means the interests of Shareholders corresponding to the redeemable securities of record issued by the Fund under the Investment Company Act of 1940 that are held by the Intermediary.

  • Equity Stock means all classes or series of capital stock of the Company authorized under the Charter, including, without limit, its common stock, $.001 par value per share, and preferred stock, $.001 par value per share.

  • Voting Rights Triggering Event means the failure of the Company to pay dividends on the Preferred Stock with respect to six or more quarterly periods (whether or not consecutive).

  • Additional Stock means any shares of Common Stock issued (or deemed to have been issued pursuant to subsection 4(d)(i)(E)) by this corporation on or after the Filing Date other than:

  • Extraordinary Common Stock Event means (i) the issue of additional shares of the Common Stock as a dividend or other distribution on outstanding Common Stock, (ii) subdivision of outstanding shares of Common Stock into a greater number of shares of the Common Stock, or (iii) combination of outstanding shares of the Common Stock into a smaller number of shares of the Common Stock.

  • Capital Stock means (i) in the case of a corporation, capital stock, (ii) in the case of an association or business entity, any and all shares, interests, participations, rights or other equivalents (however designated) of capital stock, (iii) in the case of a partnership, partnership interests (whether general or limited), (iv) in the case of a limited liability company, membership interests and (v) any other interest or participation that confers on a Person the right to receive a share of the profits and losses of, or distributions of assets of, the issuing Person.

  • Stock means, with respect to any corporation, capital stock and, with respect to any other entity, any equity interest.

  • Fully Diluted Shares means an amount equal to the sum of (a) the total number of shares of Common Stock outstanding immediately prior to the Effective Time, plus (b) the total number of shares of Common Stock that all In-the-Money Options outstanding immediately prior to the Effective Time are exercisable into at such time and without any withholding of shares to pay the exercise price or Taxes.

  • Voting Equity Interests means Equity Interests in a corporation or other Person with voting power under ordinary circumstances entitling the holders thereof to elect the Board of Directors or other governing body of such corporation or Person.

  • Treasury Stock shall have the meaning set forth in Section 3.1.2.

  • Qualified Capital Stock means any Capital Stock that is not Disqualified Capital Stock.

  • Voting Common Stock means the Voting Common Stock, par value $.01 per share, of the Company.

  • Voting Stock of any Person as of any date means the Capital Stock of such Person that is at the time entitled to vote in the election of the Board of Directors of such Person.

  • Common Stock Fundamental Change means any Fundamental Change in which more than 50% of the value (as determined in good faith by the Board of Directors of the Company) of the consideration received by holders of Common Stock consists of common stock that, for the 10 Trading Days immediately prior to such Fundamental Change, has been admitted for listing or admitted for listing subject to notice of issuance on a national securities exchange or quoted on Nasdaq National Market, provided, however, that a Fundamental Change shall not be a Common Stock Fundamental Change unless either (i) the Company continues to exist after the occurrence of such Fundamental Change and the outstanding Preferred Stock continues to exist as outstanding Preferred Stock, or (ii) not later than the occurrence of such Fundamental Change, the outstanding Preferred Stock is converted into or exchanged for shares of convertible preferred stock, which convertible preferred stock has powers, preferences and relative, participating optional or other rights, and qualifications, limitations and restrictions substantially similar (but no less favorable) to those of the Preferred Stock.