Rights Subsequent to Redemption. If on the Series B Redemption Date, the Series B Redemption Price is paid (or tendered for payment) for any of the Shares to be redeemed on such Series B Redemption Date, then on such date all rights of the holder in the Shares so redeemed and paid or tendered shall cease and such Shares shall no longer be deemed issued and outstanding.
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Samples: Performance Shares Grant Agreement (1347 Property Insurance Holdings, Inc.), Agreement to Buyout and Release (Kingsway Financial Services Inc)
Rights Subsequent to Redemption. If on the applicable Series B A Redemption Date, the Series B A Redemption Price is paid (or tendered for payment) for any of the Shares to be redeemed on such Series B A Redemption Date, then on such date all rights of the holder in the Shares so redeemed and paid or tendered tendered, including any rights to dividends on such Shares, shall cease cease, and such Shares shall no longer be deemed issued and outstanding.
Appears in 1 contract
Rights Subsequent to Redemption. If on the Series B A Redemption Date, the Series B A Redemption Price is paid (or tendered for payment) for any of the Shares to be redeemed on such Series B A Redemption Date, then on such date all rights of the holder in the Shares so redeemed and paid or tendered shall cease and such Shares shall no longer be deemed issued and outstanding.
Appears in 1 contract
Samples: Series a Convertible Preferred Shares Purchase Agreement (1347 Property Insurance Holdings, Inc.)
Rights Subsequent to Redemption. If on the Series B Redemption Date, the Series B Redemption Price is paid (or tendered for payment) for any of the Shares to be redeemed on such Series B Redemption Date, then on such date all rights of the holder in the Shares so redeemed and paid or tendered shall cease and such Shares shall no longer be deemed issued and outstanding. Section 8.
Appears in 1 contract
Samples: Performance Shares Grant Agreement
