New Series A Preferred Stock definition

New Series A Preferred Stock means, collectively, the 2,500,000 shares of 4.0% series A convertible preferred stock, $0.01 par value per share, of New Dana Holdco, authorized pursuant to the certificate of incorporation (or comparable constituent documents) and certificate of designations of New Dana Holdco, the terms of which shall not be altered in any material manner without the reasonable consent of the Creditors’ Committee and the Ad Hoc Steering Committee and; provided, however, that the number of shares authorized may not be increased without the consent of the Creditors’ Committee and the Ad Hoc Steering Committee.
New Series A Preferred Stock means the Series A Preferred Shares, par value $0.01 per share, of Atom New Delaware, as reflected in the New Certificate of Incorporation.
New Series A Preferred Stock means the Company's Series A Convertible Participating Preferred Stock, $0.001 par value per share, having the rights, privileges and preferences set forth in the Restated Charter.

Examples of New Series A Preferred Stock in a sentence

  • At the expiration of the three-year term, in a manner specified in the Warrant Agreement, the Warrant Agent shall nominate two individuals to continue to serve as the Series A Directors pursuant to the terms of the New Series A Preferred Stock.

  • Such conversion shall be deemed to have been made as of the Effective Time, and the person or persons entitled to receive the shares of New Series A Preferred Stock and Common Stock issuable upon such conversion shall be treated for all purposes as the record holder or holders of such shares of New Series A Preferred Stock and Common Stock as of the Effective Time.

  • When issued, the certificates evidencing such shares of New Series A Preferred Stock and Common Stock shall not bear legends or other notations relating to restrictions on transfer, other than as required pursuant to Article Thirteenth of the Certificate of Incorporation of ASC (as amended as of the Effective Time).

  • Shareholder Approval shall mean the approval by the shareholders of the Company of the Certificate of Incorporation, the authorization and issuance of (or the conversion of the Notes into) the New Series A Preferred Stock, the exercise of the Series A-4 Warrants and the issuance of any Common Stock issuable upon conversion or exercise of the foregoing.

  • In lieu of fractional shares, ASC shall pay, at the effective time of any conversion as herein provided, an amount in cash equal to such fraction multiplied by (i) $2.22, in the case of Common Stock, or (ii) $1,000, in the case of New Series A Preferred Stock.


More Definitions of New Series A Preferred Stock

New Series A Preferred Stock means the Series A Preferred Stock, par value $.001 per share, of the Company to be issued as part of the Recapitalization.
New Series A Preferred Stock means, collectively, the 2,500,0000 shares of 4.0% series A convertible preferred stock, $0.01 par value per share, of New Dana Holdco, authorized pursuant to the certificate of incorporation (or comparable constituent documents) and certificate of designations of New Dana Holdco.
New Series A Preferred Stock means shares of the applicable New
New Series A Preferred Stock shall have the meaning ascribed to it in the recitals.
New Series A Preferred Stock has the meaning set forth in the preamble.
New Series A Preferred Stock shall have the meaning set forth in Section 2.2(f).
New Series A Preferred Stock has the meaning set forth in Section 7.11 hereof.