Examples of Company Series A Convertible Preferred Stock in a sentence
Ladies and Gentlemen: We are counsel to INTELLICALL, INC., a Delaware corporation (the "Company"), and we understand that [Name of Purchaser] (the "Holder") has purchased from the Company Series A Convertible Preferred Stock of the Company (the "Preferred Stock"), convertible into shares of the Company's common stock, par value $.10 per share (the "Common Stock").
As of the date of this Agreement, there are issued and outstanding 7,599,533 shares of Company Common Stock, 37,000,000 shares of Company Series A Convertible Preferred Stock, 50,000,000 shares of Company Series B Convertible Preferred Stock and no shares of Company Series B1 Preferred Stock.
The parties agree that nothing contained in this Agreement shall restrict the redemption or conversion of the Company Series A Convertible Preferred Stock held by the Securityholder in accordance with the terms of the Company Series A Convertible Preferred Stock in effect on the date hereof or any exchange pursuant to the terms of the Exchangeable Securities or the agreements related thereto.
As of the date hereof, there are 664,364 shares of Company Common Stock issuable upon exercise of outstanding warrants to purchase shares of Company Common Stock and 395,788 shares of Company Stock issuable upon exercise of outstanding warrants to purchase shares of Company Series A Convertible Preferred Stock.
Upon conversion, the outstanding shares of Company Class B Common Stock would convert into 73,365 shares of Company Common Stock and the outstanding shares of Company Series A Convertible Preferred Stock would convert into 423,429 shares of Company Common Stock.
In the event of any voluntary or involuntary liquidation, distribution of assets (other than the payment of dividends), dissolution or winding-up of the Company, Series A Convertible Preferred Stock shall have no preferential rights to the Company’s common stock (the “common stock”), and shall share in liquidation proceeds with the common stock on an as converted basis.
If the substitution of reinforcing bars larger than those specified is permitted, payment will be made for only that weight (mass) which would be required if the specified bars had been used.
All shares of Common Stock of the Company, Class B Common Stock of the Company, Series A Convertible Preferred Stock of the Company, Series B Convertible Non-Voting Preferred Stock of the Company and Series C Junior Participating Preferred Stock of the Company shall be of junior rank to all Series E Preferred Shares in respect to the preferences as to distributions and payments upon the liquidation, dissolution and winding up of the Company.
Company Series A Convertible Preferred Stock AP1 25,000 100% UniqueScreen Media, Inc.
As of the date hereof, (i) 527,062 shares of Company Common Stock were issued and outstanding, (ii) 100,000 shares of Company Series A Convertible Preferred Stock were issued and outstanding; (iii) 80,000 shares of Company Series B Convertible Preferred Stock were issued and outstanding; (iv) stock options to purchase an aggregate of 36,029 shares of Company Common Stock were issued and outstanding (the "Company Stock Options") and (v) no shares of Company Common Stock were held in its treasury.