Examples of Original Series A-1 Issue Price in a sentence
The initial Conversion Price per share for shares of Series A-I Preferred Stock, Series A-2 Preferred Stock and Series A-3 Preferred Stock shall be the Original Series A-1 Issue Price, the Original Series A-2 Issue Price and the Original Series A-3 Issue Price, respectively; provided, however, that the Conversion Price for each series of Preferred Stock shall be subject to adjustment as set forth in subsections 4(d) and 4(e).
The Original Series A Issue Price, Original Series A-1 Issue Price and Original Series B Issue Price are collectively referred to as the “Original Issue Price” herein.
Each share of Series A1 Preferred Stock shall be converted into the number of shares of fully paid and nonassessable shares (calculated as to each conversion to the nearest one-hundredth of a share) of Common Stock of the Corporation, which results from dividing the Original Series A1 Issue Price by the Series A1 Conversion Price (as defined below) in effect at the time of conversion.
The conversion rate in effect at any time for conversion of the Series A-1 Preferred (the “Series A-1 Conversion Rate”) shall be the quotient obtained by dividing the Original Series A-1 Issue Price by the “Series A-1 Conversion Price” calculated as provided in Section 5(d).
The initial Conversion Price per share for shares of Series A Preferred Stock shall be the Original Series A Issue Price, and the initial Conversion Price per share for shares of Series A1 Preferred Stock shall be the Original Series A1 Issue Price.
The initial “Conversion Price” per share for shares of (i) Series A Preferred Stock shall be the Original Series A Issue Price, (ii) Series A-1 Preferred Stock shall be the Original Series A-1 Issue Price and (iii) Series A-2 Preferred Stock shall be the Original Series A-2 Issue Price; provided, however, that the Conversion Price for the Series A Preferred Stock, Series A-1 Preferred Stock and Series A-2 Preferred Stock shall be subject to adjustment as set forth in Article IV.C.4(d).
Each share of Series A-1 Preferred Stock shall be convertible, at the option of the holder thereof, at any time and from time to time, into such number of fully paid and nonassessable shares of Common Stock as is determined by dividing the Original Series A-1 Issue Price by the Series A-1 Conversion Price (as defined below) in effect at the time of conversion.
The Original Series A Issue Price, Original Series A-1 Issue Price, Original Series B Issue Price and Original Series C Issue Price are collectively referred to as the “Original Issue Price” herein.
Cash used in financing activities was $13.8 million for the year ended December 31, 2018, which was driven by dividend payments ($426.1 million), principal payments on our senior secured term loan ($21.1 million), contingent consideration payments ($18.6 million), distributions to noncontrolling interest ($9.9 million), partially offset by net borrowings under the Revolving Credit Facility ($360.0 million) and net proceeds under our ATM Program ($109.4 million).
The conversion price for the Series A-1 Preferred (the “Series A-1 Conversion Price”) shall initially be the Original Series A-1 Issue Price.