Examples of Parent Preferred Stock Conversion in a sentence
Each Purchaser represents that it is experienced in investment matters, fully understands the transactions contemplated by a Parent Preferred Stock Conversion, has the knowledge and experience in financial matters as to be capable of evaluating the merits and risks of its investment and has the financial ability and resources to bear the economic risks of its investment.
No action or proceedings shall have been instituted or, threatened before a court or other government body or by any public authority to restrain or prohibit the Parent Preferred Stock Conversion to occur on such Closing Date.
The affirmative vote of the holders of a majority of the outstanding shares of capital stock of Parent to adopt the Agreement, the Parent Preferred Stock Conversion, the Reverse Stock Split, the Increased Authorization and the Name Change at the duly convened Parent Stockholders' Meeting (the "Parent Required Vote") is the only vote of the holders of any class or series of Parent's capital stock necessary to consummate the transactions contemplated by this Agreement.
The Parent Preferred Stock Conversion, the Reverse Stock Split and the Increased Authorization shall have been duly effected.
Seed balancers were the original load balancers provided in Charm since the late 80’s.
Prior to any Parent Preferred Stock Conversion by a Lender, this Agreement and the rights of the applicable Lender hereunder shall only be assignable by such Lender, to a permitted assignee of such Lender under the Credit Agreement (except that any Lender may designate a Designated Affiliate to receive any Parent Preferred Stock required to be issued to such Lender).
Parent may not assign any of its rights or obligations hereunder without the consent of the Required Lenders and, prior to the Initial Parent Preferred Stock Conversion, each Existing Lender.
The representations and warranties of the respective Purchaser contained in Section 3.4 hereof shall be true and correct in all material respects on and as of the respective Closing Date for such Parent Preferred Stock Conversion.
The representations and warranties of the respective Purchaser contained in Section 2.4 hereof shall be true and correct in all material respects on and as of the respective Closing Date for such Parent Preferred Stock Conversion.
This Agreement, the Parent Preferred Stock Conversion, Reverse Stock Split, the Increased Authorization and the Name Change shall have been duly adopted by the Parent Required Vote.