Examples of Company Preferred Holders in a sentence
The Company Preferred Holders will not receive any interest or earnings on the Expense Fund and irrevocably transfer and assign to the Securityholder Representative any ownership right that they may otherwise have had in any such interest or earnings.
The Expense Fund shall be treated as received and deposited by the Company Preferred Holders at Closing for Tax purposes and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of any Person.
Upon conclusion of the Securityholder Representative’s duties hereunder, the Securityholder Representative shall disburse any amounts then-remaining in the Expense Fund (the “ Expense Fund Release Amount ”) to the Exchange Administrator for further distribution to the Company Preferred Holders in accordance with their respective Closing Pro Rata Portion.
The Exchange Agent shall cause the certificates representing shares of HCPI Common Stock and HCPI Series C Preferred Stock deposited by HCPI to be (i) held for the benefit of the Company Common Holders and Company Preferred Holders and (ii) promptly applied to making the exchanges and payments provided for in Section 2.10(b).
Each Holder of Preferred Stock shall comply with the provisions of Section 6 of the Third Amended and Restated Stockholders’ Agreement of even date herewith by and among the Company, Preferred Holders, Significant Common Holders and the other parties named therein.
The latter focuses almost entirely on indicators of in-house innovation, rather than on innovation as a process of diffusion.
The Company Preferred Holders shall have received a legal opinion of Xxxxxx Godward LLP dated as of the Closing Date, in the form of Exhibit J.
In the event any Company Preferred Holder elects not to purchase his or its pro rata share of such XxXxxxxxx Common Stock, the remaining Company Preferred Holders shall have the right to purchase their pro rata share of such available shares on the terms described above.
XxXxxxxxx shall promptly notify the remaining Company Preferred Holders of the shares available for purchase ("Remaining XxXxxxxxx Shares").
The Company shall deliver to Parent executed Election Notices from all Company Preferred Holders pursuant to Section 1.8(a) as soon as practicable following the date hereof, but in any event no later than July 9, 2003.