Examples of Company Series I Preferred Stock in a sentence
There are (A) 6,656,460 shares of Company Common Stock issued and outstanding, (B) 369,822 shares of Company Series G Preferred Stock issued and outstanding, (C) 751,510 shares of Company Series I Preferred Stock issued and outstanding, (D) 27,981 shares of Company Series J Preferred Stock issued and outstanding, (E) 778,750 shares of Company Series K Preferred Stock issued and outstanding, and (F) no shares of Company Series K-1 Preferred Stock issued and outstanding.
Each share of Company Series I Preferred Stock that is outstanding immediately prior to the Effective Time shall be converted into 0.01 validly issued, fully paid and nonassessable shares of Series I preferred stock, par value $0.01, of the Surviving Corporation.
Each Company Share owned by Parent, Acquisition Sub or the Company, in each case immediately prior to the Effective Time, including the Company Shares exchanged for shares of Company Series I Preferred Stock pursuant to the Exchange (“Cancelled Company Shares”), shall be automatically cancelled and extinguished without any conversion thereof or consideration paid therefor.
Each certificate evidencing ownership of such shares of Company Series I Preferred Stock shall thereafter evidence ownership of the equivalent number of shares of Series I preferred stock of the Surviving Corporation.
For the avoidance of doubt, the Closing Dividend Per Share Amount shall not be payable with respect to Company Shares that are exchanged for shares of Company Series I Preferred Stock pursuant to the Exchange.
All outstanding Company Shares are, and all Company Shares or shares of Company Series I Preferred Stock which may be issued pursuant to this Agreement or the Exchange Agreement will be, when issued, duly authorized, validly issued, fully paid, nonassessable and free of any preemptive rights.
All such shares together with all other shares of [** capital stock of the Company [** Company Series I Preferred Stock **](2) **](1) with respect to which Shareholder has beneficial ownership as of the date of this Agreement or acquires beneficial ownership on or before the Termination Date, are referred to as the "RESTRICTED SHARES".
Each share of Company Series I Preferred Stock issued and outstanding immediately prior to the Effective Time shall be canceled, and in consideration of the issuance of shares of the Surviving Corporation Class A Common Stock by the Surviving Corporation to Atlas pursuant to this Agreement, Atlas shall issue (at the direction of the Surviving Corporation, to the holder in respect of such canceled share) one validly issued, fully paid and nonassessable share of Atlas Series I Preferred Stock.
Issue any shares of capital stock or other equity Securities, except in connection with the conversion of shares of Company Series I Preferred Stock or the exercise of any Stock Options and Warrants, or enter into an agreement or arrangement restricting the voting or transfer of any Equity Securities of any of the Company and its Subsidiaries.