Common use of Corporation’s Redemption Option Clause in Contracts

Corporation’s Redemption Option. On the Dividend Maturity Date, the Corporation may redeem any or all shares of Series A Preferred Stock by paying Holder in cash an amount per share equal to 100% of the Liquidation Value for the shares redeemed.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Unilife Corp), Stock Purchase Agreement (6D Global Technologies, Inc)

AutoNDA by SimpleDocs

Corporation’s Redemption Option. On the Dividend Maturity Date, the Corporation may redeem any or all shares of Series A C Preferred Stock by paying Holder in cash an amount per share equal to 100% of the Liquidation Value for the shares redeemed.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Lucas Energy, Inc.), Stock Purchase Agreement (Lucas Energy, Inc.)

Corporation’s Redemption Option. On The Corporation will have the right at any time, in its sole and absolute discretion, to redeem for cash all or any portion of the shares of Series A Preferred Stock then outstanding. After the Dividend Maturity Date, the Corporation may redeem any or all shares of Series A Preferred Stock by paying Holder in cash an amount per share equal to 100% of the Liquidation Value for the shares redeemed.

Appears in 1 contract

Samples: Stock Purchase Agreement (Remark Media, Inc.)

Corporation’s Redemption Option. On the Dividend Maturity Date, the Corporation may redeem any or all shares of Series A B Preferred Stock by paying Holder in cash an amount per share equal to 100% of the Liquidation Value for the shares redeemed.

Appears in 1 contract

Samples: Stock Purchase Agreement (Visualant Inc)

AutoNDA by SimpleDocs

Corporation’s Redemption Option. On the Dividend Maturity Date, the Corporation may redeem any or all shares of Series A D Preferred Stock by paying Holder in cash an amount per share equal to 100% of the Liquidation Value for the shares redeemed.

Appears in 1 contract

Samples: Stock Purchase Agreement (Staffing 360 Solutions, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!