Examples of Other Preferred Shares in a sentence
Other Preferred Shares shall likewise be considered in the computations contemplated by paragraphs 6(a)(i) and 6(a)(ii) only to the extent they are Outstanding, and amounts deposited for the redemption of such shares shall likewise not be considered assets of the Trust.
On the date hereof, (i) 45,320,278 Common Shares, 45,320,278 Series A Preferred Shares, 240,000 Series B Convertible Shares and no Other Preferred Shares were issued and outstanding, (ii) 2,708,409 Units were available for issuance under the Stock Incentive Plans, and (iii) 235,047 Units were reserved for issuance upon exercise of outstanding stock options to purchase Units granted under the Stock Incentive Plans or otherwise (the “Company Options”).
In addition, the Exchanging Partner may be granted registration rights with respect to such REIT Common Shares, Series A Preferred Shares or Other Preferred Shares, as applicable, by the Special Limited Partner to the extent deemed reasonable and appropriate by the Special Limited Partner in its sole discretion.
In determining the number of Municipal Income Preferred Shares required to be redeemed in accordance with the foregoing, the Trust shall allocate the number required to be redeemed to satisfy the Preferred Shares Basic Maintenance Amount or the 1940 Act Preferred Shares Asset Coverage, as the case may be, pro rata among Municipal Income Preferred Shares, Other Preferred Shares and other Preferred Shares subject to redemption provisions similar to those contained in this paragraph 4(b).
On the date hereof, (i) 91,226,580 Common Shares, 91,226,580 Series A Preferred Shares, 240,000 Series B Convertible Shares and no Other Preferred Shares were issued and outstanding, (ii) 5,048,747 Units were available for issuance under the Stock Incentive Plans, and (iii) 580,116 Units were reserved for issuance upon exercise of outstanding Company Options.
Notwithstanding any delay in such delivery, the Exchanging Partner shall be deemed the owner of the REIT Common Shares, Series A Preferred Shares or Other Preferred Shares, as applicable, issued to it hereunder and the rights associated therewith for all purposes, including, without limitation, rights to vote, consent, receive dividends and to exercise rights, as of the Specified Exchange Date.
Each Exchanging Partner agrees to execute such documents as the Special Limited Partner may reasonably require in connection with the issuance of REIT Common Shares, Series A Preferred Shares or Other Preferred Shares, as applicable, upon exercise of the Exchange Right.
Other Preferred Shares authorized by this Amended and Restated Certificate of Formation may be issued from time to time in one or more series.
Until a Specified Exchange Date, the Exchanging Partner shall have no rights as a stockholder of the Special Limited Partner with respect to any REIT Common Shares, Series A Preferred Shares or Other Preferred Shares to be received in such exchange.
Concurrently with the issuance of the Preferred Shares and the Warrant to the Purchaser pursuant to this Agreement, the Company is issuing Preferred Shares (the "Other Preferred Shares") and Warrants (the "Other Warrants") to other purchasers pursuant to a separate Series H Convertible Preferred Stock Purchase Agreement (the "Other Purchase Agreement"), dated as of the date hereof among the Company and the purchasers listed on Exhibit A thereto (the "Other Purchasers").