Examples of CCI Preferred Stock in a sentence
Each Greenspun Shareholder can bear the economic risk of an investment in the shares of CCI Class A Common Stock and CCI Preferred Stock and can afford a complete loss of such investment.
The "CCI Common Share Number" shall equal that number determined by dividing (x) the dollar amount that results from subtracting from the Greenspun Consideration both the CCI Preferred Stock Value and the Greenspun Cash Consideration, by (y) the Average Closing Price.
The holders of shares of CCI Common Stock and CCI Preferred Stock are not entitled under applicable law to statutory appraisal rights as a result of the Merger or REIT Conversion.
Any PSD Shareholder otherwise entitled to a fractional share of CCI Class A Common Stock or CCI Preferred Stock as a result of Section 2.3 above, shall receive in place of any such fractional interest a cash amount equal to such fractional interest based on the Average Closing Price.
With input from an outside consulting group, the Company determined penetration rates for each service within each market segment as well as the expected retail prices from which it derived the wholesale price CAI would charge the Strategic Partner.
No fractional shares of CCI Class A Common Stock or CCI Preferred Stock and no scrip or certificates therefor will be issued in connection with the deliveries contemplated by this Agreement.
The authorized Capital Stock of CCI consists of (i) 1.75 billion shares of Common Stock, (ii) 750 million shares of Class B common stock, par value $.001 per share ("CCI Class B Common Stock") and (iii) 250 million shares of preferred stock ("CCI Preferred Stock").
CCI’s obligations with respect to any dividends or other distributions to the holders of CCI Common Stock or CCI Preferred Stock that have been declared by CCI but not paid prior to the Effective Time will be assumed by the Surviving Corporation in accordance with the terms thereof (excluding, for the avoidance of doubt, any dividends or other distributions that may be deemed to have accrued, but have not been declared, on CCI Preferred Stock prior to the Effective Time).
Excluding shares of CCI Common Stock issued or issuable upon exercise of outstanding options or warrants or which may be converted from CCI Preferred Stock after the date of this Agreement, as of the date of this Agreement, there are Four Million Nine Hundred Twelve Thousand Sixty-One (4,912,061) shares of CCI Common Stock issued and outstanding.
Except as required by applicable law, such Greenspun Shareholder has no contract, undertaking, agreement or arrangement, written or oral, with any other person to sell, transfer or grant participation in any shares of CCI Class A Common Stock or CCI Preferred Stock to be acquired by such Greenspun Shareholder in the Merger.