Preferred Merger Consideration. As of the Sirius-Polaris Merger Effective Time, each share of New Sirius Series 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 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: Merger Agreement (Northstar Realty Finance Corp.), Merger Agreement (Colony Capital, Inc.), Merger Agreement (Barrack Thomas Jr)
Preferred Merger Consideration. As of the Sirius-Polaris Merger Effective Time, each share of New Sirius Series D 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 D 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: Merger Agreement (Colony Capital, Inc.), Merger Agreement (Northstar Realty Finance Corp.), Merger Agreement (Barrack Thomas Jr)
Preferred Merger Consideration. As of the Sirius-Polaris Merger Effective Time, each share of New Sirius Series D 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 D 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: Merger Agreement (Colony Capital, Inc.), Merger Agreement (Northstar Realty Finance Corp.), Merger Agreement (Barrack Thomas Jr)
Preferred Merger Consideration. As of the Sirius-Polaris Merger Effective Time, each share of New Sirius Series D 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 D 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: Merger Agreement (Colony Capital, Inc.), Merger Agreement (Northstar Realty Finance Corp.), Merger Agreement (Barrack Thomas Jr)
Preferred Merger Consideration. As of the Sirius-Polaris Merger Effective Time, each share of New Sirius Series D 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 D 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