Examples of Old Series C Preferred Stock in a sentence
Each outstanding share of Series C Preferred Stock of Digital California, no par value per share (the “ Old Series C Preferred Stock”), of Digital California was converted into one share of Series C Preferred Stock of the Company (the “New Series C Preferred Stock”), which New Series C Preferred Stock was identical in all respects to the Old Series C Preferred Stock, with the exception of the par value of such shares.
All shares of Old Series C Preferred Stock shall be deemed cancelled as of the Effective Date.
All Interests based on shares of Old Series C Preferred Stock of the Debtor.
As of January 8, 2002, there were 1,653,930 shares of Old Series A Preferred Stock, 1,168,700 shares of Old Series B Preferred Stock and 75,650 shares of Old Series C Preferred Stock outstanding.
SB 5129 by Senators Hunt, Fain, Zeiger, Mullet and Palumbo AN ACT Relating to charter school students participating in interschool athletics and extracurricular activities; and amending RCW 28A.710.300.
As of January 8, 2002, 1,653,930 shares of Old Series A Preferred Stock, 1,168,700 shares of Old Series B Preferred Stock, and 75,650 shares of Old Series C Preferred Stock were outstanding.
Each Holder as of the Distribution Record Date will receive in exchange for its Old Series C Preferred Stock an identical number of shares of New Series C Preferred Stock issued effective as of the Effective Date, plus Cash equal to the amount of any accrued and past due dividends thereon, or such other treatment as may be agreed to by CMI, the CMI Equity Committee and the Holder(s) of the Allowed Class A16 Interests.
Notwithstanding the above, Employer shall be entitled to seek a restraining order or injunction in any court of competent jurisdiction to prevent any continuation of any violation of Paragraph 5, including Exhibit B, hereof.
On this basis, and using the reorganization values assigned to the New Common Stock and New Warrants in Section I.K above, holders of Old Preferred Stock would receive under the Plan a Distributable Value of $4.98 per share of Old Series A Preferred Stock, $6.29 per share of Old Series B Preferred Stock and $4.94 per share of Old Series C Preferred Stock.
Holders of Allowed Old Series C Preferred Stock will receive a pro rata distribution of 5,665 shares of New Common Stock, representing .014% of the New Common Stock to be issued pursuant to the Plan (subject to dilution by the New Warrants and the Management Options), and 94,420 New Warrants exercisable into an equal number of shares of New Common Stock, representing .177% of the New Common Stock to be issued pursuant to the Plan (subject to dilution by the Management Options).