Preferred Share Sample Clauses
Preferred Share. For the purposes of this Section 14(b), the current market value of a Preferred Share shall be the closing price of a Preferred Share (as determined pursuant to the second sentence of Section 11(d)(i) hereof) for the Trading Day immediately prior to the date of such exercise.
Preferred Share. The closing price for such days shall be the last reported sale price regular way or, in case no such reported sale takes place on such date, the average of the reported closing bid and asked prices regular way, in either case on the New York Stock Exchange, Inc., or if the Series B-2 Preferred Shares or Common Shares, as the case may be, are not listed or admitted to trading on the New York Stock Exchange, Inc., on the principal national securities exchange on which the Series B-2 Preferred Shares or Common Shares, as the case may be, are listed or admitted to trading or, if not listed or admitted to trading on any national securities exchange, the closing sale price of the Series B-2 Preferred Shares or Common Shares, as the case may be, or in case no reported sale takes place, the average of the closing bid and asked prices, on NASDAQ or any comparable system. If the Series B-2 Preferred Shares or Common Shares, as the case may be, are not quoted on NASDAQ or any comparable system, the Board of Trustees shall in good faith determine the current market price on such basis as it considers appropriate. Prompt payment of the purchase price shall be made in cash by the Company in such manner as may be determined by the Board of Trustees, but in no event later than twenty Business Days after the Board of Trustees elects to make such purchase. From and after the date fixed for purchase by the Board of Trustees, and so long as payment of the purchase price for the Series B-2 Preferred Shares to be so purchased shall have been made or duly provided for, the holder of any Series B-2 Excess Shares so called for purchase shall cease to be entitled to dividends, distributions, voting rights and other benefits with respect to such Series B-2 Preferred Shares, excepting only the right to payment of the purchase price fixed as aforesaid. Any dividend or distribution paid to a proposed transferee of Series B-2 Excess Shares prior to the discovery by the Company that the Series B-2 Preferred Shares have been transferred in violation of this Section 16.6 shall be repaid to the Company upon demand. The Series B-2 Preferred Shares purchased pursuant to the provisions of this Section 16.6(f) shall thereupon be retired and may not be reissued as Series B-2 Preferred Shares but shall thereafter have the status of authorized but unissued Shares.
Preferred Share. In the event the Corporation shall at any time declare or pay any dividend on the Common Stock payable in Common Stock, or effect a subdivision or combination or consolidation of the outstanding shares of Common Stock (by reclassification or otherwise than by payment of a dividend in Common Stock) into a greater or lesser number of shares of Common Stock, then in each such case the amount to which holders of Series A Preferred Shares were entitled immediately prior to such event under clause (ii) of the preceding sentence shall be adjusted by multiplying such amount by a fraction the numerator of which is the number of shares of Common Stock outstanding immediately after such event and the denominator of which is the number of shares of Common Stock that were outstanding immediately prior to such event.
Preferred Share. 1(n)....
Preferred Share. 4 Section 1.11 Substrate............................................ 4 Section 1.12 Toll Processing...................................... 4 Section 1.13 Raw Materials Supply Agreement....................... 5 Section 1.14 Start-Up Date........................................ 5 Section 1.15 Wheeling-Pittsburgh.................................. 5 Section 1.16 Out-of-Pocket Expenses............................... 5
Preferred Share. If the Corporation fails to redeem any of such shares within five business days after its receipt of such Redemption Notice, then such holder shall be entitled to the remedies provided in Section 9.
Preferred Share. In the event the Corporation shall at any time declare or pay any dividend on the Common Shares payable in Common Shares, or effect a subdivision, combination or consolidation of the outstanding Common Shares (by reclassification or otherwise than by payment of a dividend in Common Shares) into a greater or lesser number of Common Shares, then in each such case the amount to which holders of Series A Preferred Shares were entitled immediately prior to such event under clause (b) of the preceding sentence shall be adjusted by multiplying such amount by a fraction, the numerator of which is the number of Common Shares outstanding immediately after such event and the denominator of which is the number of Common Shares that were outstanding immediately prior to such event. In the event the Corporation shall at any time declare or pay any dividend on the Series A Preferred Shares payable in Series A Preferred Shares, or effect a subdivision, combination or consolidation of the outstanding Series A Preferred Shares (by reclassification or otherwise than by payment of a dividend in Series A Preferred Shares) into a greater or lesser number of Series A Preferred Shares, then in each such case the amount to which holders of Series A Preferred Shares were entitled immediately prior to such event under clause (b) of the first sentence of this Section 2(A) shall be adjusted by multiplying such amount by a fraction, the numerator of which is the number of Series A Preferred Shares that were outstanding immediately prior to such event and the denominator of which is the number of Series A Preferred Shares outstanding immediately after such event.
Preferred Share. The Company has adopted, executed and filed the Certificate of Designation in the form attached hereto as Annex A with the Secretary of State of the State of Delaware, and such Certificate of Designation is in full force and effect. The Preferred Share has been duly and validly authorized, and, when issued and delivered pursuant to this Agreement, the Preferred Share will be duly and validly issued, fully paid and non-assessable, free from all taxes, liens and charges and will not be subject to preemptive rights of any other stockholders of the Company. The Preferred Share was issued without violation of any applicable law or governmental regulation. The Company has not adopted or filed any other document designating terms, relative rights or preferences of its preferred stock other than the Certificate of Designation.
Preferred Share. The New York Corporation represents that it has no outstanding Preferred Share as of the date hereof and will have no outstanding shares of Preferred Share at the Effective Time.