Examples of Company Class A Preferred Shares in a sentence
The Special Resolution shall have been approved at the Company Meeting by not less than (i) two-thirds of the votes cast by the shareholders holding Company Common Shares voting separately as a class, (ii) two-thirds of the votes cast by shareholders holding Company Class A Preferred Shares voting separately as a class, (iii) two-thirds of the votes cast by shareholders holding Company Class B Preferred Shares voting separately as a class, present in person or represented by proxy at the Company Meeting.
In connection with the consummation of the Transactions, all Company Class A Preferred Shares will automatically, and without any further action on the part of any Person, convert into Stockholder Arrangement Consideration based on the same exchange ratio as the Company Exchange Ratio applied to Company Common Shares in accordance with Section 2.9(b), and in accordance with the Company Governing Documents.
Except for the Company Class A Preferred Shares, the Company has no obligation (contingent or otherwise) to purchase or redeem any of the Company Shares.
As of the date of this Agreement, the Company’s authorized capital stock consists of (x) 7,625,000 Class A Voting Preferred Shares (“ Company Class A Preferred Shares ”), (y) 2,520,137,562 shares of Company Common Stock and (z) 468,891,771 shares undesignated as to class or series.
The Company shall not change the record date for the Company Class A Common Shares or Company Class A Preferred Shares entitled to vote at the Company Shareholders Meeting in connection with any adjournment or postponement of the Company Shareholders Meeting, unless required by Law.
The outstanding Company Common Shares, Company Class A Preferred Shares and Company Class B Preferred Shares (collectively, the "Outstanding Shares") are all duly and validly authorized and issued, fully paid and non-assessable, were issued in compliance with, and not in violation of, all applicable laws concerning the issuance of securities, and all necessary filings, approvals and consents have been obtained in connection with such issuances.