Designation; Number of Shares; Stated Value Sample Clauses

Designation; Number of Shares; Stated Value. The designation of said series of Preferred Stock shall be Series D Preferred Stock (the "Series D Preferred Stock"). The number of shares of Series D Preferred Stock shall be 10,000. The shares of Series D Preferred Stock shall be issued as full shares and shall have a par value of $.01 per share and a Stated Value of $198.92 per share. 5% interest shall accrue on the Stated Value per annum.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
Designation; Number of Shares; Stated Value. Three Million One Hundred Twenty Thousand (3,120,000) shares of Preferred Stock shall be designated Series F Common-Linked Convertible Preferred Stock (hereinafter referred to as the "Series F Preferred Stock"). Shares of the Series F Preferred Stock shall have a stated value of One Hundred Ninety Two Dollars and Fifty Cents ($192.50) per share.
Sample 1Sample 2
Designation; Number of Shares; Stated Value. There is hereby created out of the authorized and unissued shares of Preferred Stock of the Company a series of Preferred Stock designated as the “Series E Preferred Stock” (the “Series E Preferred Stock”). The number of shares constituting such series shall be __________. Such number of shares may from time to time be increased or decreased (but not below the number of shares then outstanding) by the Board in accordance with the Certificate of Incorporation and applicable law. Each share of Series E Preferred Stock shall have a stated value equal to the lower of $5.34 per share or the conversion price (as defined in, and as may be adjusted pursuant to, that certain convertible bond (the “Bond”) issued by the Company to the initial holder of the Series E Preferred Stock on ___________, 2024) (the “Bond Conversion Price”), subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series E Preferred Stock (the “Stated Value”). Each share of Series E Preferred Stock shall be identical in all respects to every other share of Series E Preferred Stock.
Sample 1

Related to Designation; Number of Shares; Stated Value

  • Designation and Number of Shares The shares of such series shall be designated as “Series R Participating Cumulative Preferred Stock” (the “Series R Preferred Stock”), and the number of shares constituting such series shall be 28,000. Such number of shares of the Series R Preferred Stock may be increased or decreased by resolution of the Board of Directors; provided that no decrease shall reduce the number of shares of Series R Preferred Stock to a number less than the number of shares then outstanding plus the number of shares issuable upon exercise or conversion of outstanding rights, options or other securities issued by the Corporation.

  • Adjustment of Purchase Price, Number of Shares or Number of Rights The Purchase Price, the number of Preferred Shares covered by each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 11.

  • Certificate of Adjusted Purchase Price or Number of Shares Whenever an adjustment is made as provided in Section 11 and Section 13 hereof, the Company shall (a) promptly prepare a certificate setting forth such adjustment and a brief statement of the facts accounting for such adjustment, (b) promptly file with the Rights Agent, and with each transfer agent for the Preferred Stock and the Common Stock, a copy of such certificate, and (c) mail a brief summary thereof to each holder of a Rights Certificate (or, if prior to the Distribution Date, to each holder of a certificate representing shares of Common Stock) in accordance with Section 26 hereof. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment therein contained.

  • Certificate of Adjusted Exercise Price or Number of Shares Whenever an adjustment is made as provided in Sections 11 and 13 hereof, the Company shall promptly (a) prepare a certificate setting forth such adjustment and a brief statement of the facts accounting for such adjustment, (b) file with the Rights Agent and with each transfer agent for the Preferred Shares a copy of such certificate and (c) mail a brief summary thereof to each holder of a Rights Certificate in accordance with Section 26 hereof. Notwithstanding the foregoing sentence, the failure of the Company to make such certification or give such notice shall not affect the validity of such adjustment or the force or effect of the requirement for such adjustment. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment contained therein and shall not be deemed to have knowledge of such adjustment unless and until it shall have received such certificate.

  • Adjustment of Exercise Price, Number of Shares or Number of Rights The Exercise Price, the number and kind of shares or other property covered by each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 11.

Time is Money Join Law Insider Premium to draft better contracts faster.