Settlement Stock definition

Settlement Stock means the shares of Common Stock contemplated to be issued in settlement of the pending shareholders' claims against the Company with respect to the litigation styled In re Norand Corporation Securities Litigation, Master File No. C95-323, pending in the United States District Court for the Northern District of Iowa, Cedar Rapids Division.

Settlement Stock means Non-Cumulative Preferred Stock that is perpetual with no prepayment obligation on the part of the issuer thereof, whether at the election of the holders or otherwise.

Settlement Stock means one million (1,000,000) shares of freely tradeable Lumber Liquidators common stock to be transferred in accordance with ¶8 hereof.

Examples of Settlement Stock in a sentence

• Clearing and Settlement: Stock Broker will credit the securities due to client on account of any transaction carried out to the Demat account of the client with the designated Depository Participant or as per the terms and condition specified on the site.

• For purposes of determining the amount of Returned Stock, each Settlement Option shall be converted to a number of Returned Shares by calculating the difference between the Settlement Stock Price and the Total Weighted Average Strike Price, divided by the Settlement Stock Price, regardlessof the price of Tesla common stock on the Effective Date.

• Settlement Stock Price” means the closing price of Tesla stock on June 16, 2023, as recorded by finance.yahoo.com ( i.e., $260.54).

• Neither Lead Plaintiffs, the Class Members, nor the Settling Defendants shall have a claim against Lead Counsel or Lead Plaintiffs, or any of their agents, based on the disposition of the Settlement Stock or distributions made in accordance with this Stipulation.

• The value of each Returned Option shall be the difference between the Settlement Stock Price and the actual strike price of each Returned Option.

More Definitions of Settlement Stock

Settlement Stock means the shares of Common Stock contemplated to be issued in settlement of the pending shareholders' claims against the Company with respect to the litigation styled In re Norand Corporation Securities Litigation, Master File No. C95-323, pending in the United States District Court for the Northern District of Iowa, Cedar Rapids Division. "Share Withholding Option" has the meaning set forth in Section 2.1(c) hereof.

Settlement Stock means Non-Cumulative Preferred Stock that is perpetual with no prepayment obligation on the part of the issuer thereof, whether at the election of the holders or otherwise, is callable at the option of such issuer and either:

Settlement Stock means non-cumulative preferred stock that is perpetual with no prepayment obligation on the part of the issuer thereof, whether at the election of the holders or otherwise, is callable at the option of such issuer and either (i) has a legally binding replacement covenant or (ii) has a replacement capital intention and a mandatory trigger provision.

Settlement Stock means the freely tradable shares of America Service Group that will be issued and delivered in accordance with ¶2.1 of the Stipulation.

Settlement Stock means Two Million (2,000,000) shares of Vari-L common stock, which shall be issued under Section 3(a)(10) of the Securities Act of 1933 exempt from registration, subject to the anti-dilution provisions set forth in Paragraph 2.4 hereof.

Settlement Stock means shares of Gupta common stock to be issued by Gupta which shall comprise a part of the Settlement Fund as set forth in paragraph 1.23.

Settlement Stock means shares of Health Management common stock to be issued by Health Management which shall comprise a part of the Settlement Fund.