Common use of Dividends After Redemption Date Clause in Contracts

Dividends After Redemption Date. No Series A Preferred Share is entitled to any dividends accruing after the date on which the Liquidation Value of such Series A Preferred Share (plus all accrued, accumulated and unpaid dividends thereon) is paid in full to the holder thereof. On such date all rights of the holder of such Series A Preferred Share shall cease, and such Series A Preferred Share shall not be deemed to be outstanding.

Appears in 2 contracts

Samples: Merger Agreement (Conso International Corp), Merger Agreement (Cic Acquisition Sub Inc)

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Dividends After Redemption Date. No Series A Preferred Share is shall be entitled to any dividends accruing declared after the date on which the Liquidation Value amount due to the holder of such Series A Preferred Share (plus all accrued, accumulated and unpaid dividends thereonpursuant to Section 1(c) or Section 1(c)(2) is paid in full to the holder thereofof such Series A Preferred Share. On such date date, all rights of the holder of such Series A Preferred Share shall cease, and such Series A Preferred Share shall not no longer be deemed to be issued and outstanding.

Appears in 1 contract

Samples: Share Purchase Agreement (Mascoma Corp)

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Dividends After Redemption Date. No Series A Preferred Share is shall be entitled to any dividends accruing declared after the date on which the Liquidation Value amount due to the holder of such Series A Preferred Share (plus all accrued, accumulated and unpaid dividends thereonpursuant to Section 1(c)(1) or Section 1(c)(2) is paid in full to the holder thereofof such Series A Preferred Share. On such date date, all rights of the holder of such Series A Preferred Share shall cease, and such Series A Preferred Share shall not no longer be deemed to be issued and outstanding.

Appears in 1 contract

Samples: Share Purchase Agreement (Mascoma Corp)

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