Buyer Preferred Shares definition

Buyer Preferred Shares means any shares of Preferred Stock, of any series, issued by Buyer.

Buyer Preferred Shares means shares of Buyer’s preferred stock, par value $0.001 per share.

Buyer Preferred Shares has the meaning set forth in Section 4.05(a).

Examples of Buyer Preferred Shares in a sentence

• In such event, the Buyer shall promptly pay Seller the amount of such cash difference, and promptly issue additional Buyer Preferred Shares in the amount of such difference based on the Buyer Preferred Shares Value, and such additional Buyer Preferred Shares shall be pledged pursuant to the Pledge Agreement.

• The Buyer has full power and authority (including full corporate power and authority) to execute and deliver this Agreement, the Employment Agreement and all other documents and agreements contemplated hereby or thereby to which it is a party, and to perform its obligations hereunder, including without limitation the issuance of the Buyer Preferred Shares .

• If the Final Net Worth of the Company as finally determined pursuant to Section 2(e) shall be less than the Guaranteed Net Worth, then the cash portion of the Purchase Price shall be reduced by an amount equal to 66.7% of the amount of such shortfall, and the amount of the Buyer Preferred Shares based on the Buyer Preferred Shares Value shall be reduced by an amount equal to 33.3% of the amount of such shortfall.

• The robbery prosecutor stated that he felt that this related to the confusion he had caused and that this portion of the CIR was also accurate.

• The Board of Directors of the Buyer has duly authorized the execution, delivery and performance of this Agreement and the other agreements and transactions contemplated hereby, including, without limitation, the issuance of the Buyer Preferred Shares , and no other corporate proceedings on the Buyer's part are necessary to authorize this Agreement or the transactions contemplated hereby or thereby, including, without limitation, the issuance of the Buyer Preferred Shares.

• To the extent not otherwise prohibited by applicable law, the Buyer Shares, the Buyer Preferred Shares and all amounts due and owing by the Buyer to the Seller under this Agreement, shall be subject to offset by the Buyer to the extent of any Damages incurred by the Buyer which permits the Buyer to make an indemnification claim against the Seller.

• All Offsets shall first be against the Buyer Preferred Shares based on the Buyer Preferred Shares Value in accordance with the Pledge Agreement.

• The Board of Directors of the Buyer has duly authorized the execution, delivery and performance of this Agreement and the other agreements and transactions contemplated hereby, including, without limitation, the issuance of the Buyer Preferred Shares , and no other corporate proceedings on the Buyer's part are necessary to authorize this Agreement or the transactions contemplated hereby, including, without limitation, the issuance of the Buyer Preferred Shares and the Employment Agreement.

• Any amounts owed by Seller under this Section 8(b)(v) shall be satisfied first by reduction of the value of the Buyer Preferred Shares and then against the Buyer Shares as provided in Section 9(c).

• As of the date hereof, there were 7,087,550 Buyer Common Shares ------ issued and outstanding, no Buyer Common Shares held in its treasury, and no Buyer Preferred Shares issued and outstanding.

More Definitions of Buyer Preferred Shares

Buyer Preferred Shares means shares of the Preferred Stock, Class B, without par value, of Buyer designated as the “Series B Participating Redeemable Preferred Stock” whose terms are set forth in the Certificate of Amendment by Directors to the Fourth Amended Articles of Incorporation of Cleveland-Cliffs Inc. in a form substantially similar to that attached hereto as Exhibit F.

Buyer Preferred Shares has the meaning set forth in (S) 2(b) below.

Buyer Preferred Shares has the meaning set forth in Section 2.02(b)(i).

Buyer Preferred Shares means a class of preferred shares of the Trust to be created by the Board of Managers on or prior to the date hereof having the terms set forth in Exhibit B hereto.

Buyer Preferred Shares shall have the meaning as set forth in Section 3.10 of the Agreement.