Holder’s Conversion Right. At any time or times on or after the Initial Issuance Date, any Holder shall be entitled to convert any whole number of Preferred Shares, plus the amount of any accrued but unpaid Dividends per Preferred Share, into fully paid and nonassessable shares of Common Stock in accordance with Section 3(c) at the Conversion Rate.
Appears in 3 contracts
Samples: Shareholder Agreement (Digitalglobe Inc), Merger Agreement (GeoEye, Inc.), Merger Agreement (Digitalglobe Inc)
Holder’s Conversion Right. At any time or times on or after the Initial Issuance Date, any each Holder shall be entitled to convert any whole number of Preferred SharesStock into validly issued, plus the amount of any accrued but unpaid Dividends per Preferred Share, into fully paid and nonassessable non-assessable shares of Common Stock in accordance with Section 3(c) at the Conversion RateRate (as defined below).
Appears in 2 contracts
Samples: Subscription Agreement, Subscription Agreement
Holder’s Conversion Right. At any time or times on or after the Initial Issuance Date, any Holder shall be entitled to convert any whole number of Preferred Shares, plus the amount of any accrued but unpaid Dividends per Preferred Share, Shares into fully paid and nonassessable shares of Common Stock in accordance with Section 3(c) at the Conversion RateRate (as defined below).
Appears in 1 contract
Samples: Securities Purchase Agreement (Act Teleconferencing Inc)
Holder’s Conversion Right. At any time or times on or after the Initial Issuance Date, any Holder shall be entitled to convert all or any whole number portion of the Conversion Amount of any Series A Preferred Shares, plus the amount of any accrued but unpaid Dividends per Preferred Share, into fully paid and nonassessable shares of Common Stock in accordance with this Section 3(c) 5 at the Conversion RateRate (as defined below).
Appears in 1 contract
