Sentences with phrase «base share holders»

If all Base bond holders have been paid but the price is still too high, the protocol distributes Basecoins to Base Share holders under the impression they will sell them in the open market, until the price decreases back to the target price.

Not exact matches

Conversion Rights — All convertible preferred stock will be automatically converted into common stock upon (i) the closing of an underwritten public offering of shares of common stock of the Company at a public offering price per share that provides at least $ 100 million in aggregate gross proceeds or (ii) approval of at least (a) holders of 66 % of the Series A convertible preferred stock, voting as a single class on an as - converted basis; (b) holders of a majority of the Series B convertible preferred stock, voting as a single class on an as - converted basis; (c) holders of a majority of the Series D convertible preferred stock, voting as a single class on an as - converted basis; and (d) the holders of at least a majority of the then outstanding shares of convertible preferred stock (voting together as a single class and not a separate series, and on an as - converted basis).

in the case of our directors, officers, and security holders, (i) the receipt by the locked - up party from us of shares of Class A common stock or Class B common stock upon (A) the exercise or settlement of stock options or RSUs granted under a stock incentive plan or other equity award plan described in this prospectus or (B) the exercise of warrants outstanding and which are described in this prospectus, or (ii) the transfer of shares of Class A common stock, Class B common stock, or any securities convertible into Class A common stock or Class B common stock upon a vesting or settlement event of our securities or upon the exercise of options or warrants to purchase our securities on a «cashless» or «net exercise» basis to the extent permitted by the instruments representing such options or warrants (and any transfer to us necessary to generate such amount of cash needed for the payment of taxes, including estimated taxes, due as a result of such vesting or exercise whether by means of a «net settlement» or otherwise) so long as such «cashless exercise» or «net exercise» is effected solely by the surrender of outstanding stock options or warrants (or the Class A common stock or Class B common stock issuable upon the exercise thereof) to us and our cancellation of all or a portion thereof to pay the exercise price or withholding tax and remittance obligations, provided that in the case of (i), the shares received upon such exercise or settlement are subject to the restrictions set forth above, and provided further that in the case of (ii), any filings under Section 16 (a) of the Exchange Act, or any other public filing or disclosure of such transfer by or on behalf of the locked - up party, shall clearly indicate in the footnotes thereto that such transfer of shares or securities was solely to us pursuant to the circumstances described in this bullet point;

After payment of the full liquidation preference of the Series A, Series A-1, Series B, and Series C, the entire remaining amounts legally available for distribution will be distributed to the holders of our common stock pro rata based on the number of shares held by each holder.

In preference to the holders of our common stock, each share of preferred stock is entitled to receive, on a pari passu basis, cash dividends at the rate of 6 % of the original issue price per annum on each outstanding share of preferred stock.

Stock appreciation rights provide for a payment, or payments, in cash or shares of our Class A common stock, to the holder based upon the difference between the fair market value of our Class A common stock on the date of exercise and the stated exercise price at grant up to a maximum amount of cash or number of shares.

Stock appreciation rights provide for a payment, or payments, in cash or shares of our common stock, to the holder based upon the difference between the fair market value of our common stock on the date of exercise and the stated exercise price of the stock appreciation right.

An indexation allowance may be available to such a holder to give an additional deduction based on the indexation of its base cost in the shares by reference to U.K. retail price inflation over its holding period (but note that, in respect of disposals on or after 1 January 2018, the U.K. Government announced plans in the Autumn Budget 2017 to freeze indexation allowance at the amount that would be due based on the retail price index for December 2017).

The project is designed to buy back tokens from holders who would like to cash in at the market price of the token at the time, along with the tokens» share of the corporate profits, funded by 35 percent of the company's profit on a prorated basis.

The Series A Preferred shall also be convertible into any future series of Preferred Stock (the «Future Preferred») under either of the following circumstances: (a) if such conversion is approved by the Board or (b) if such conversion is in connection with a future Preferred Stock equity financing in which the Company's fully diluted pre-money valuation is greater than the Company's fully diluted post-money valuation immediately following the Series A Financing contemplated by this term sheet (a «Future Financing»), in either case, on a one - for - one basis (subject to anti-dilution adjustment) at the option of the holder; provided however, if such conversion is in connection with a Future Financing, that the holder may convert into shares of Future Preferred only in the event that all of such shares of Future Preferred received by the holder upon conversion are sold to an Approved Investor (as defined below) no later than 90 days following the first closing of the Future Financing at a price per share no lower than the price per share at which the Company sells shares of such Future Preferred in the Future Financing and, provided further, that such Approved Investor is not an affiliate, family member, or related party of the holder.

It is clear for all to see that The Arsenal FC is just a business that is stock holder driven (unfortunately there is no real thought for the FAN other than to keep paying the ticket prices and stop complaining) and all dealings are based on that view, to increase the profits for the share holders or to maintain the dividends paid to them.

If Rights Holder and Producer have agreed to a royalty share arrangement, Rights Holder must pay Producer a cancellation fee equal to $ $ 100 base plus $ 100 per finished hour times the projected number of finished hours (in 10 minute increments) in the Deal Confirmation Page; up to a maximum of $ 2,500.

«The U.S. Holder would increase the tax basis in its PFIC ownership interest to reflect the Holder's pro rata share of the PFIC's ordinary earnings and net capital gains.

Phase 3: August 30 — distribution of an additional 29 % of KID (KHDHF shares) to holders of TTT shares on the record date on a 1 for 4 basis.

If not all warrants are exercised, those warrant holders who exercise all of their warrants will be able to purchase additional common shares at the exercise price ($ 53) on a pro rata basis.

Rights issue of TTT: no date or details given, but based on the share count provided for the phase 3 spinoff of KID shares it could be assumed that rights will be issued on a 1:4 basis, 1 right for each 4 shares of TTT held, each right allowing the holder to purchase 1 additional share of TTT at some to - be-determined discount.

Mutual life insurance companies are owned by the policyholders and dividends are generally paid to the the policy holders on profits the company makes which can increase the value of the permanent policy; however, stock based life insurance companies (e.g. Allstate) pay these dividends to their share holders instead.

Any distribution not constituting a dividend (because such distribution exceeds our current and accumulated earnings and profits) will be treated first as reducing the Non-U.S. Holder's basis in its shares of common stock, but not below zero, and to the extent it exceeds the Non-U.S. Holder's basis, as capital gain from the sale or exchange of such stock (see «Gain on Sale, Exchange or Other Taxable Disposition of Common Stock» below).

Pursuant to such NYSE rules, and based upon information known to it at that time, Morgan Stanley is expected to provide input to the DMM regarding Morgan Stanley's understanding of the ownership of our outstanding ordinary shares and pre-listing selling and buying interest in our ordinary shares that it becomes aware of from potential investors and holders of our ordinary shares, in each case, without coordination with us.

Should a Bitcoin - or blockchain - based company enter the agreement, they must share all their patents with «other license holders» as long as those holders are also members.

In other words, a token holder receives a share of the platform's revenue on monthly basis for basically no other reason other than holding Hawks.

The network will be based on residential routers, whose holders may provide free internet access and earn digital currency through sharing Wi - Fi and displaying ads within their network.

The Lightstone Group LLC, a private New Jersey - based real estate company, has entered into an agreement to buy Baltimore - based Prime Retail for $ 638 million, including $ 115 million cash to be paid to share and unit holders and $ 523 million in...

The settlement was a noncash one, which, based on current market prices, will convey approximately 19 million additional shares of Cendant common stock to PRIDES holders on the mandatory conversion date, February 14, 2001.