Examples of Cable Holder in a sentence
Upon any Transfer of shares of Series 2 PCS Stock or Series 2 FON Stock, as the case may be (other than a Transfer to a Cable Holder) each such share so Transferred shall automatically convert (without the payment of any consideration) into one duly issued, fully paid and nonassessable share of Series 1 PCS Stock or Series 1 FON Stock, respectively, as of the date of such Transfer.
Each holder of shares of Seventh Series may at such holder's option at any time convert any or all of such holder's shares of Seventh Series into (i) if such holder is a Cable Holder, shares of Series 2 PCS Stock, and (ii) if such holder is not a Cable Holder, shares of Series 1 PCS Stock.
All references herein to shares of Series 2 PCS Stock issuable upon conversion of shares of Seventh Series shall be deemed to refer to shares of Series 1 PCS Stock if the holder of such Seventh Series is not a Cable Holder.
Upon any Transfer of shares of Series 2 Common Stock (other than a Transfer to a Cable Holder) each such share so Transferred shall automatically convert (without the payment of any consideration) into one duly issued, fully paid and nonassessable share of Series 1 Common Stock as of the date of such Transfer.
All references herein to shares of Series 2 Common Stock issuable upon conversion of shares of Seventh Series shall be deemed to refer to shares of Series 1 Common Stock if the holder of such Seventh Series is not a Cable Holder.
Each holder of shares of Seventh Series may at such holder’s option at any time convert any or all of such holder’s shares of Seventh Series into (A) if such holder is a Cable Holder, shares of Series 2 Common Stock, and (B) if such holder is not a Cable Holder, shares of Series 1 Common Stock.
All references herein to shares of Series 2 PCS Stock and Series 2 Common Stock issuable upon conversion of shares of Seventh Series shall be deemed to refer to shares of Series 1 PCS Stock and Common Stock, respectively, if the holder of such Seventh Series is not a Cable Holder.
Each holder of shares of Seventh Series may at such holder’s option at any time convert any or all of such holder’s shares of Seventh Series into (A) if such holder is a Cable Holder, shares of Series 2 Common Stock, and (3) if such holder is not a Cable Holder, shares of Series 1 Common Stock.
Upon any Transfer of shares of Series 2 PCS Stock or Series 2 Common Stock, as the case may be (other than a Transfer to a Cable Holder) each such share so Transferred shall automatically convert (without the payment of any consideration) into one duly issued, fully paid and nonassessable share of Series 1 PCS Group Common Stock or Common Stock, respectively, as of the date of such Transfer.