Parent Class A Preferred Stock definition

Parent Class A Preferred Stock means shares of Class A non-voting, convertible preferred stock of Parent, which will be subject to the principal terms set forth in Exhibit B. Parent and the Company, acting in good faith, will mutually agree upon the Certificate of Designations for the Parent Class A Preferred Stock prior to Closing.
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Parent Class A Preferred Stock shall have the meaning ascribed to it in the Merger Agreement.
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Parent Class A Preferred Stock means the designated Class A preferred stock, par value [$.001] per share, of Parent.
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Examples of Parent Class A Preferred Stock in a sentence

  • Each holder of Company Series A Preferred Stock shall receive, in consideration for every 273.5 shares of Company Series A Preferred Stock, 1 share of Parent Class A Preferred Stock.

  • The issuance of the Parent Common Stock and Parent Class A Preferred Stock upon the Merger pursuant to Section 1.5(a)(ii) will be exempt from the registration and prospectus delivery requirements of the Securities Act under Section 4(2) and from the qualification or registration requirements of any applicable state blue sky or securities laws.

  • The shares of Parent Common Stock and Parent Class A Preferred Stock to be issued at the Closing pursuant to Section 1.5(a)(ii) hereof, when issued and delivered in accordance with the terms hereof and of the Certificate of Merger, shall be duly and validly issued, fully paid and nonassessable.

  • Parent agrees that it will cause the Parent Common Stock and Parent Class A Preferred Stock to be issued to the Company at the Effective Time pursuant to Section 1.5(a)(ii) to be available for such purpose.

  • The authorized capital stock of Parent, as of the August 6, 2021, consists of (a) 200,000,000 shares of Parent Common Stock, par value $0.00001 (“Parent Common Stock”), of which 44,093,276 are issued and outstanding; and (b) 10,000 shares of Parent Class A Preferred Stock, par value $0.00001 (“Parent Class A Preferred Stock”), of which -0- are issued and outstanding.

  • Each holder of Company Series A Preferred Stock shall receive, in consideration for every 131 shares of Company Series A Preferred Stock, 1 share of Parent Class A Preferred Stock.

  • At the Closing, Parent shall present for delivery to each Stockholder the certificate representing the Parent Class A Preferred Stock and Parent Common Stock to be issued pursuant to Section 1.5(a)(ii) hereof to them pursuant to Sections 1.6 and 4 hereof.

  • The authorized capital stock of the Parent consists of 2,000,000,000 shares of the Parent Stock, 4,000,000 shares of Class A preferred stock, no-par value per share (the "Parent Class A Preferred") and 10,000,000 shares of the preferred stock, no-par per share (the "Parent Preferred" and together with the Parent Class A Preferred Stock the "Parent Preferred Stock").

Related to Parent Class A Preferred Stock

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • Parent Preferred Stock means the preferred stock, par value $0.01 per share, of Parent.

  • Series E Preferred Stock means shares of the Company’s Series E Preferred Stock, par value $0.0001 per share.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • New Preferred Stock means the Convertible Series A Preferred Stock and the Series B Preferred Stock.

  • Series G Preferred Stock means the Corporation's Series G Convertible Preferred Stock, par value $0.004 per share.

  • Voting Preferred Stock means, with regard to any election or removal of a Preferred Stock Director (as defined in Section 8(b) below) or any other matter as to which the holders of Series E are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series E) that rank equally with Series E either as to the payment of dividends or as to the distribution of assets upon liquidation, dissolution or winding up of the Corporation and upon which like voting rights have been conferred and are exercisable with respect to such matter.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.001 per share, of the Company.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 per share.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Senior Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

  • Junior Preferred Stock means ML & Co.'s Series A Junior Preferred Stock, par value $1.00 per share.

  • Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.

  • Company Series B Preferred Stock means the Series B Preferred Stock, par value $0.0001 per share, of the Company.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.

  • Class B Preferred Stock means the Class B preferred stock, nominal value $1,000, of the Company.