Examples of Company Senior Preferred Stock in a sentence
All shares of Company Senior Preferred Stock, when so converted, shall no longer be outstanding and shall automatically be canceled and retired, and each holder of a certificate representing any such shares shall cease to have any rights with respect thereto, except the right to receive certificates representing the Parent Series A Convertible Preferred Shares and Parent Shares into which such shares are converted.
The Series C Senior Preferred Stock will be fixed rate noncumulative perpetual (i.e., will be redeemable, if at all, solely at the option of the Company) Senior Preferred Stock and will rank senior to the Junior Preferred Stock as to payments of dividends and upon liquidation.
The holders of shares of Company Common Stock, Company Convertible Preferred Stock, Company Senior Preferred Stock and Company Redeemable Preferred Stock shall not be entitled to appraisal rights.
Stock Option Plan (the “Company Stock Option Plan”), (iv) 150,000 shares of Company Senior Preferred Stock were issued and outstanding, all of which were validly issued, fully paid, nonassessable and free of preemptive rights, and (v) 119,180.7 shares of Company Junior Preferred Stock were issued and outstanding, all of which were validly issued, fully paid, nonassessable and free of preemptive rights.
In addition, the Company shall authorize, declare and pay any accrued and unpaid dividends to holders of Company Senior Preferred Stock and Company Redeemable Preferred Stock to but excluding the Closing Date immediately prior to the Effective Time.
In addition, upon the written request of Newco or Parent, the Company shall authorize, declare and pay any accrued and unpaid dividends to holders of Company Convertible Preferred Stock, Company Senior Preferred Stock and Company Redeemable Preferred Stock to but excluding the Closing Date immediately prior to the Effective Time.
In the case of any amounts set off against HEI or HEA, such amounts shall be set off in the following order: (i) first, against any amount then due and owing in cash, (ii) second, against the HEI Earn-Out, (iii) third, against any accrued and unpaid dividends or redemption payments with respect to the Company Senior Preferred Stock, and (iv) fourth, against any, accrued and unpaid cash dividends, distributions or redemption payments with respect to other capital stock of the Company.
Convertible Preferred Stock, Company Senior Preferred Stock and Company Redeemable (b) Preferred Stock.............................................
Stock Option Plan (the “ Company Stock Option Plan ”), (iv) 150,000 shares of Company Senior Preferred Stock were issued and outstanding, all of which were validly issued, fully paid, nonassessable and free of preemptive rights, and (v) 119,180.7 shares of Company Junior Preferred Stock were issued and outstanding, all of which were validly issued, fully paid, nonassessable and free of preemptive rights.
The directors of the Company have advised the Company and Parent and Newco that they intend to vote or cause to be voted all of the shares of Company Common Stock, Company Senior Preferred Stock and Company Redeemable Preferred Stock beneficially owned by them and their Affiliates in favor of approval of the Merger and this Agreement.