Examples of Bridge Preferred Stock in a sentence
All accrued liquidated damages shall be paid to the Holders entitled thereto, in cash on each Dividend Payment Date (as defined in the Bridge Preferred Stock Certificate of Designations or the Preferred Stock Certificate of Designations, as applicable).
Except as otherwise provided herein, the terms of this Certificate of Designations may be amended and the rights hereunder may be waived only with the consent of holders of a majority of the shares of the Bridge Preferred Stock then outstanding.
Any such dividend or distribution declared, or required to be declared or to be paid, on the Bridge Preferred Stock shall be deemed accrued on the Bridge Preferred Stock for all purposes of this Certificate of Designations and shall remain an accrued dividend on the Bridge Preferred Stock for all purposes of this Certificate of Designations until paid.
The Purchasers agree to attend in person or by proxy, and to vote all shares of Bridge Preferred Stock or Common Stock owned by the Purchasers in favor of the Stockholder Proposal at any special or annual meeting of the Company's stockholders at which the Stockholder Proposal is presented for approval.
One hundred thousand (100,000) shares of the preferred stock, $.01 par value per share, of the Corporation are hereby constituted as a series of the preferred stock designated as Series D Senior Convertible Participating Preferred Stock (the "Bridge Preferred Stock").
After the Closing Date, each Purchaser may, without the consent of the Company, assign this Agreement, in whole or in part, to a third party; provided, however, no Purchaser shall assign its rights pursuant to Section 6.4 hereunder unless such third party purchases ten percent (10%) or more of the Bridge Preferred Stock and/or Conversion Shares issued to the Purchasers, in the aggregate, pursuant to the terms of this Agreement.
The Corporation and the transfer agent for the Bridge Preferred Stock may deem and treat the record holder of any shares of Bridge Preferred Stock as the true and lawful owner thereof for all purposes, and neither the Corporation nor the transfer agent shall be affected by any notice to the contrary.
The "Merger Consideration" shall consist of (i) the "Cash Merger Consideration," (ii) the "Common Stock Merger Consideration" and (iii) the "Bridge Preferred Stock Merger Consideration," each as defined below.
The Company shall have filed with the --------------------------- Secretary of State of Delaware the Bridge Preferred Stock Certificate of Designations, the Mezzanine Preferred Stock Certificate of Designations and the Permanent Preferred Stock Certificate of Designations and such instruments shall have become effective.
Thereafter, each holder of a Certificate that has not complied with this Section 2.03 shall thereafter look only to Parent for payment of their claim for Common Stock Merger Consideration, Bridge Preferred Stock Merger Consideration and Cash Merger Consideration.