Company Series X Preferred Stock definition

Company Series X Preferred Stock means the Company’s Series X preferred stock, par value $0.01 per share.

Company Series X Preferred Stock. Schedule A, Section 2

Company Series X Preferred Stock means any series of preferred stock of the Company, par value $0.0001 per share, authorized after the date hereof; provided, that if such series of preferred stock of the Company is sold at a fixed pre-money valuation other than $700,000,000, then any such transaction or series of transactions with respect to the sale by the Company of the Company Series X Preferred Stock after the date hereof and prior to the Closing shall be subject to the mutual agreement of the Company and Parent.

Examples of Company Series X Preferred Stock in a sentence

• Each share of Company Series X Preferred Stock issued and outstanding immediately prior to the Effective Time will be converted into the right to receive a ratable share of the Cash Consideration and the Note Participation set forth on Exhibit B attached hereto (the “Series X Conversion Consideration”).

• All such Company Series X Preferred Stock, when so converted, will no longer be outstanding and will automatically be cancelled and retired and will cease to exist, and the holder of such Company Series X Preferred Stock immediately prior to the Effective Time will cease to have any rights with respect thereto, except the right to receive the Series X Conversion Consideration.

• In general, regulatory commissions have exercised ratemaking discretion and have allowed amortization of some or all of plant investment, subject to local laws and as summarized in the appended cases.