HNWC Series A Convertible Preferred Stock definition

HNWC Series A Convertible Preferred Stock means the 1,250 shares of Series A Convertible Preferred Stock of HNWC, par value $1.00 per share, authorized by unanimous written consent of the HNWC board of directors dated March 1, 1999.

HNWC Series A Convertible Preferred Stock means the 1,250 shares of Series A Convertible Preferred Stock of HNWC, par value $1.00 per share, authorized by unanimous written consent of the HNWC board of directors dated March 1, 1999. "HNWC Series B Convertible Preferred Stock" means the 250 shares of Series B Convertible Preferred Stock of HWNC, par value $1.00 per share, authorized by unanimous consent of the HNWC board of directors dated March 3, 2000. "HNWC Series C Convertible Preferred Stock" means the 750,000 shares of Series C Convertible Preferred Stock of HWNC, par value of $1.00 per share, authorized by unanimous consent of the HWNC board of directors dated as of October , 2000.

Examples of HNWC Series A Convertible Preferred Stock in a sentence

• The indemnities, releases, and agreements to hold harmless in this Agreement will continue in full force and effect despite the expiration or other termination of this Agreement and are expressly made for the benefit of and will be enforceable by each Indemnitee.

• None of the proceeds of the $500,000 Convertible Note or the other secured convertible promissory notes to AMCON in the aggregate principal amount of $750,000 (the "Other Convertible Notes") have been or will be used for any purposes other than (a) providing working capital and other general corporate purposes of HNWC, and (b) to redeem the HNWC Series A Convertible Preferred Stock or Series B Convertible Preferred Stock or both, in each case, outstanding as of September 29, 2000.

• None of the ------------------------------------- proceeds of the $500,000 Convertible Note or the Other Convertible Notes, or any other loans or advances made by AMCON or its subsidiaries to HNWC have been or will be used for any purposes other than (a) providing working capital and other general corporate purposes of HNWC, and (b) to redeem the HNWC Series A Convertible Preferred Stock or Series B Convertible Preferred Stock or both, in each case, outstanding as of September 29, 2000.