Authorization and Sale of Securities. 2 2.1. Authorization...................................................2 2.2. Sale of Common Stock and Warrant................................2
Authorization and Sale of Securities. The Company is proposing to sell $1,560,000 aggregate principal amount of the Securities to the Investors.
Authorization and Sale of Securities. Upon the terms and subject to the conditions of this Agreement, on the Closing Date the Company shall issue, sell and deliver to the Investor (which it may do through a registered broker-dealer that is an affiliate of the Company), and the Investor shall purchase from the Company (i) 117,000,000 shares of Common Stock at a purchase price of $25.25 per share, and (ii) 6,045,750 shares of Preferred Stock at a purchase price of $1,000.00 per share, in each case free and clear of all liens, encumbrances, equities or claims for an aggregate purchase price of nine billion dollars ($9,000,000,000.00) in cash (the “Purchase Price”) to be paid in full to the Company.
Authorization and Sale of Securities. The Company is proposing to sell Common Stock, in the aggregate amount of $31,163.20 to the Investor.
Authorization and Sale of Securities. Subject to the terms and conditions of this Agreement, the Company has authorized the sale of the Securities.
Authorization and Sale of Securities. The Company is proposing to sell up to $200 million aggregate liquidation preference of the Securities. The Company reserves the right to increase or decrease this amount.
Authorization and Sale of Securities. Upon the terms and subject to the conditions of this Agreement, at the Closing, the Company shall issue, sell and deliver to the Investor, and the Investor shall purchase from the Company, 250,000 shares of Series B Preferred Stock, free and clear of all liens, encumbrances, mortgages, pledges, charges, or security interests, for an aggregate purchase price of two hundred and fifty million dollars ($250,000,000) in cash (the “Aggregate Purchase Price”) to be paid in full to the Company.
Authorization and Sale of Securities. The Company has authorized the sale of up 1,149,374 Shares and Warrants to purchase 574,687 shares of Common Stock. The Company reserves the right to increase or decrease this number.
Authorization and Sale of Securities. The Company has authorized the sale of up to 6,993,000 Securities. The Company reserves the right to increase or decrease this number in its sole discretion.
Authorization and Sale of Securities. (a) The issuance and sale pursuant to the Transaction Agreements of the Voting Preferred Shares, Warrants (including the Warrant Shares) and Trust Preferred Securities is not and will not be subject to any preemptive rights, rights of first refusal, subscription or similar rights that have not been properly waived. Subject to obtaining any approvals set forth on Schedule 4.5(a), if necessary, the Warrants will be exercisable for Warrant Shares in accordance with the terms of the Form of Warrant attached hereto as Exhibit B, the Warrant Shares have been duly and validly authorized and reserved for issuance and when the Warrant Shares are issued in accordance with the provisions of this Agreement, the Articles, the Regulations and the Warrants, such Warrant Shares will be duly authorized, validly issued, fully paid and nonassessable, will be delivered to the Equity Purchaser free and clear of all Encumbrances (other than those created by the Purchasers or under the Transaction Agreements) and will have the rights, preferences, privileges and restrictions set forth in the Articles. Upon the filing of the Certificate of Amendment, the Voting Preferred Shares will be, and, at the Closing, the Trust Preferred Securities will be, duly and validly authorized and when the Voting Preferred Shares and the Trust Preferred Securities are issued in accordance with the provisions of this Agreement, the Certificate of Amendment, the Trust Agreement, the Articles or the Regulations, as the case may be, such Voting Preferred Shares or Trust Preferred Securities will be duly authorized, validly issued, fully paid and nonassessable, will be delivered to the applicable Purchaser free and clear of all Encumbrances (other than those created by the Purchasers or under the Transaction Agreements) and will have the rights, preferences, privileges and restrictions set forth in the Certificate of Amendment, the Trust Agreement or the Articles, as the case may be.
(b) The Trust Common Securities have been duly authorized by the Trust, and upon delivery by the Trust to the Company against payment therefor as set forth in the Trust Agreement will be duly and validly issued undivided beneficial interests in the assets of the Trust; the issuance of the Trust Common Securities is not subject to preemptive or other similar rights and, at the Closing, all of the issued and outstanding Trust Common Securities will be directly owned by the Company free and clear of all Encumbrances.
(c) The Su...
