Convertible Preferred Share definition
Examples of Convertible Preferred Share in a sentence
Each 6 3/4% Preferred Share issued and outstanding immediately prior to the Effective Time shall remain issued and outstanding immediately following the Effective Time as one 6 3/4% Cumulative Convertible Preferred Share, without par value, of the Surviving Corporation, and shall not be affected by the Merger (except for the effects specifically set forth in Article Fourth of the Company Articles).
The Company agrees and acknowledges that each Warrant Preferred Share, upon issue, shall rank pari passu in all respects with, and shall carry the same rights as, the Convertible Preferred Shares; and upon signing the Assignment Form each holder of any Warrant Preferred Share shall have the same rights as a holder of any Convertible Preferred Share under the Subscription Agreement as if it was a party to that Subscription Agreement.
The Collateral Agent shall confirm any such Increased Balance by telecopying or otherwise delivering a photocopy of such endorsement made on the Pledged Convertible Preferred Share evidencing such Increased Balance to the Transfer Agent at the telecopier number or address of the Transfer Agent provided for notices to the Transfer Agent (or at such other telecopier or address as the Transfer Agent shall provide to the Collateral Agent).
Each Company Preferred Share shall be converted into one Amalco Convertible Preferred Share.
Each Series B Convertible Preferred Share is convertible into _______ Common Shares of the Company upon the occurrence of certain events described in Part B of the Company’s Articles of Continuance.
The number of Comamtech Shares or Convertible Preferred Shares to be issued to holders of DecisionPoint Common Shares or DecisionPoint Preferred Shares shall be rounded down to the nearest whole Comamtech Share or nearest whole Convertible Preferred Share as applicable.
Upon receipt of the requisite waiver, a Convertible Preferred Share shall automatically convert in accordance with Article 9.7. For the avoidance of doubt, where no such waiver is obtained, no such conversion shall take place.
The Collateral Agent shall confirm any such Reduced Balance by telecopying or otherwise delivering a photocopy of such endorsement made on the Pledged Convertible Preferred Share evidencing such Reduced Balance to the Transfer Agent at the telecopier number or address of the Transfer Agent provided for notices to the Transfer Agent in the Purchase Contract and Pledge Agreement (or at such other telecopier or address as the Transfer Agent shall provide to the Collateral Agent).
If Actavis plc provides such notice, then, on the acquisition termination redemption date specified in such notice, Actavis plc will be required to redeem the Mandatory Convertible Preferred Shares, in whole but not in part, at a redemption amount per Mandatory Convertible Preferred Share equal to the acquisition termination make-whole amount described in the Mandatory Convertible Preferred Shares Preliminary Prospectus Supplement.
The holder of each Convertible Preferred Share, Initial Common Share, Warrants or Conversion Share bearing the restrictive legend set forth in Section 8.1 above agrees with respect to any transfer of such security, upon reasonable request from the Company to such holder, to give to the Company written information describing the transferee and the circumstances of such transfer necessary to establish the availability of an exemption from the registration requirements of the Securities Act.