Examples of Company Class B Preferred Stock in a sentence
As of the date of this Agreement, (i) 60,320,132 shares of Company Common Stock and 28,572,000 shares of Company Class A Preferred Stock and 10,526,316 shares of Company Class B Preferred Stock were issued and outstanding, (ii) 90,294 shares of Company Common Stock were held by the Company in its treasury and (iii) 5,217,882 shares of Company Common Stock were subject to outstanding options to purchase Company Common Stock (“Company Stock Options”).
Immediately prior to the Effective Time, no shares of Company Class A Preferred Stock or Company Class C Preferred Stock will be outstanding and 25,000 shares of Company Class B Preferred Stock will be outstanding.
If, after the Effective Time, any such holder fails to perfect or withdraws or loses his right to appraisal, such Dissenting Shares shall: (a) in the case of Company Common Stock, thereupon be treated as if such shares had been converted as of the Effective Time into the right to receive the Merger Consideration, if any, to which such holder is entitled, without interest or dividends thereon; and (b) in the case of Company Class B Preferred Stock, remain issued and outstanding and unaffected by the Merger.
As of April 29, 2003, (i) 18,978,291 shares of Company Class A Common Stock were issued and outstanding, (ii) 45,142,508 shares of Company Class B Common Stock were issued and outstanding, (iii) no shares of Company Class A Preferred Stock were issued and outstanding, (iv) 25,000 shares of Company Class B Preferred Stock were issued and outstanding and (v) 16,688 shares of Company Class C Preferred Stock were issued and outstanding.
The Company shall give Parent (a) prompt notice of any demands received by the Company for appraisal of shares of Company Common Stock or Company Class B Preferred Stock, attempted written withdrawals of such demands, and any other instruments served pursuant to the DGCL and received by the Company relating to stockholders' rights to appraisal with respect to the Merger; and (b) the opportunity to direct all negotiations and proceedings with respect to any exercise of such appraisal rights under the DGCL.
As of the close of business on February 18, 1999, there were issued and outstanding (i) 69,599,036 shares of Company Common Stock, (ii) 70,000 shares of Company Class A Preferred Stock (all of which are shares of Class A $5 Cumulative Preferred Stock) and (iii) no shares of Company Class B Preferred Stock.
Immediately prior to the Merger, the Company shall declare and pay a dividend equal to all accrued and unpaid dividends on the Company Class B Preferred Stock as of the payment date immediately preceding the Closing Date (which, as of April 25, 2003, are in an aggregate amount equal to $5,666,667), which payment shall be made in cash in accordance with the Company's certificate of incorporation and the certificate of designations for the Company Class B Preferred Stock.
The authorized capital stock of the Company consists of 100,000,000 shares of the Company Common Stock, 2,000,000 shares of the Company's Class A preferred stock, par value $0.01 per share (the "Company Class A Preferred Stock"), and 2,000,000 shares of the Company's Class B preferred stock, par value $0.01 per share (the "Company Class B Preferred Stock," and, together with the Class A Preferred Stock, the "Company Preferred Stock").
The authorized capital stock of the Company consists of 6,175,000 shares consisting of: (a) 1,500,000 shares of Company Class A Preferred Stock, (b) 75,000 shares of Company Class B Preferred Stock, (c) 600,000 shares of Company Class C Preferred Stock, and (d) 4,000,000 shares of Company Common Stock.
Other than 38,800 shares of Company Class B Preferred Stock, no shares of Company Capital Stock are held in treasury.