CLASS B PREFERRED SHARES Sample Clauses

CLASS B PREFERRED SHARES. 1. There are attached to the Class B Preferred Shares (the “Class B Preferred Shares”) as special rights and restrictions, the following:
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CLASS B PREFERRED SHARES. 28.1 The Company shall have the authority to issue an unlimited number of Class B Preferred Shares, which are hereby designated “Class B Preferred Shares”.
CLASS B PREFERRED SHARES. The Class B Preferred Shares shall have attached thereto the rights, privileges, restrictions and conditions set forth in this Article 2.
CLASS B PREFERRED SHARES. II. The Class B Preferred Shares in the capital of the Corporation shall be issuable in series and shall have the following rights, privileges, restrictions and conditions:
CLASS B PREFERRED SHARES. (a) Each Class B Preferred Share confers on the holder:
CLASS B PREFERRED SHARES. (e) each Series 2 Class B Preferred Share outstanding immediately prior to the Effective Time (other than Series 2 Class B Preferred Shares held by a Dissenting Holder in respect of which Dissent Rights have been validly exercised under Section 2.2(f)), shall, without any further action by or on behalf of the holder thereof, be deemed to be converted to one Class D Common Share of the Company, and the Company shall be deemed to issue one Class D Common Share of the Company to such holder;
CLASS B PREFERRED SHARES. 5.1. VOTING RIGHTS -The holders of the Class B preferred shares, as such, shall not be entitled to receive notice of or to attend or vote at any meeting or meetings or the shareholders of the Corporation.
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CLASS B PREFERRED SHARES. The Class B Preferred Shares are, and when delivered to Seller pursuant to this Agreement will be, free and clear of any and all pledges, claims, restrictions, charges, liens, security interests, encumbrances or other interests of third parties of any nature whatsoever created by Buyer, except for restrictions imposed by federal or state securities laws.

Related to CLASS B PREFERRED SHARES

  • Class A Shares Shares of the Company’s $0.01 par value common stock that have been designated as Class A.

  • Preferred Stock Shares of Preferred Stock may be issued from time to time in one or more series, each of such series to have such terms as stated or expressed herein and in the resolution or resolutions providing for the creation and issuance of such series adopted by the Board of Directors as hereinafter provided. Authority is hereby expressly granted to the Board of Directors from time to time to issue the Preferred Stock in one or more series, and in connection with the creation of any such series, by adopting a resolution or resolutions providing for the issuance of the shares thereof and by filing a certificate of designation relating thereto in accordance with the DGCL (a “Certificate of Designation”), to determine and fix the number of shares of such series and such voting powers, full or limited, or no voting powers, and such designations, preferences and relative participating, optional or other special rights, and qualifications, limitations or restrictions thereof, including without limitation thereof, dividend rights, conversion rights, redemption privileges and liquidation preferences, and to increase or decrease (but not below the number of shares of such series then outstanding) the number of shares of any series as shall be stated and expressed in such resolutions, all to the fullest extent now or hereafter permitted by the DGCL. Without limiting the generality of the foregoing, the resolution or resolutions providing for the creation and issuance of any series of Preferred Stock may provide that such series shall be superior or rank equally or be junior to any other series of Preferred Stock to the extent permitted by law and this Second Amended and Restated Certificate (including any Certificate of Designation). Except as otherwise required by law, holders of any series of Preferred Stock shall be entitled only to such voting rights, if any, as shall expressly be granted thereto by this Second Amended and Restated Certificate (including any Certificate of Designation). The number of authorized shares of Preferred Stock may be increased or decreased (but not below the number of shares thereof then outstanding) by the affirmative vote of the holders of a majority of the stock of the Corporation entitled to vote, irrespective of the provisions of Section 242(b)(2) of the DGCL.

  • Purchase of Preferred Shares Subject to the terms and conditions set forth in this Agreement, at the Closing the Company shall issue and sell to each Purchaser, and each Purchaser shall, severally and not jointly, purchase from the Company, the number of Preferred Shares set forth below such Purchaser’s name on the signature page of this Agreement at a per Preferred Share price equal to the Purchase Price.

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