Examples of Old Preferred Stock in a sentence
The Old Preferred Stock Interests will be cancelled on the Effective Date.
Neither the Company, the Exchange Agent nor any other person is obligated to give notice of any defect or irregularity with respect to any tender of shares of Old Preferred Stock nor shall any of them incur any liability for failure to give any such notice.
Class 8 consists of the Allowed Interests of all of the holders of the Debtor’s Old Preferred Stock.
On the Effective Date or as soon as practicable thereafter, each holder of an Allowed Old Preferred Stock Interest which has elected to become a Rights Offering Participant will receive the number of Rights Offering Units for which it has validly subscribed and paid the full purchase price.
Any shares of Old Preferred Stock distributed or released to the Company, which shall not include the Additional Old Preferred Shares to be distributed to the Shareholder in accordance with this Section 1.1, shall be cancelled and shall cease to exist.