Common use of Preferred Merger Consideration Clause in Contracts

Preferred Merger Consideration. As of the Sirius-Polaris Merger Effective Time, each share of New Sirius Series A Preferred Stock shall no longer be outstanding and shall automatically be cancelled and shall cease to exist, and shall thereafter represent only the right to receive (i) the New Sirius Series B Preferred Merger Consideration and (ii) any dividends or other distributions which the holder thereof has the right to receive pursuant to Section 3.02.

Appears in 3 contracts

Samples: Agreement and Plans of Merger (Northstar Realty Finance Corp.), Agreement and Plans of Merger (Colony Capital, Inc.), Agreement and Plans of Merger (Barrack Thomas Jr)

AutoNDA by SimpleDocs

Preferred Merger Consideration. As of the Sirius-Polaris Merger Effective Time, each share of New Sirius Series A C Preferred Stock shall no longer be outstanding and shall automatically be cancelled and shall cease to exist, and shall thereafter represent only the right to receive (i) the New Sirius Series B C Preferred Merger Consideration and (ii) any dividends or other distributions which the holder thereof has the right to receive pursuant to Section 3.02.

Appears in 3 contracts

Samples: Agreement and Plans of Merger (Northstar Realty Finance Corp.), Agreement and Plans of Merger (Colony Capital, Inc.), Agreement and Plans of Merger (Barrack Thomas Jr)

Preferred Merger Consideration. As of the Sirius-Polaris Merger Effective Time, each share of New Sirius Series A Preferred Stock shall no longer be outstanding and shall automatically be cancelled and shall cease to exist, and shall thereafter represent only the right to receive (i) the New Sirius Series B A Preferred Merger Consideration and (ii) any dividends or other distributions which the holder thereof has the right to receive pursuant to Section 3.02.

Appears in 3 contracts

Samples: Agreement and Plans of Merger (Northstar Realty Finance Corp.), Agreement and Plans of Merger (Colony Capital, Inc.), Agreement and Plans of Merger (Barrack Thomas Jr)

Preferred Merger Consideration. As of the Sirius-Polaris Merger Effective Time, each share of New Sirius Series A D Preferred Stock shall no longer be outstanding and shall automatically be cancelled and shall cease to exist, and shall thereafter represent only the right to receive (i) the New Sirius Series B D Preferred Merger Consideration and (ii) any dividends or other distributions which the holder thereof has the right to receive pursuant to Section 3.02.

Appears in 3 contracts

Samples: Agreement and Plans of Merger (Colony Capital, Inc.), Agreement and Plans of Merger (Northstar Realty Finance Corp.), Agreement and Plans of Merger (Barrack Thomas Jr)

AutoNDA by SimpleDocs

Preferred Merger Consideration. As of the Sirius-Polaris Merger Effective Time, each share of New Sirius Series A E Preferred Stock shall no longer be outstanding and shall automatically be cancelled and shall cease to exist, and shall thereafter represent only the right to receive (i) the New Sirius Series B E Preferred Merger Consideration and (ii) any dividends or other distributions which the holder thereof has the right to receive pursuant to Section 3.02.

Appears in 1 contract

Samples: Agreement and Plans of Merger (Northstar Realty Finance Corp.)

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