Examples of Parent Series B Preferred in a sentence
Each share of Parent Series A Preferred Stock is convertible into 1.21 shares of Parent Common Stock and each share of Parent Series B Preferred Stock and Series C Preferred Stock is convertible into one share of Parent Common Stock.
Parent shall take all actions necessary to cause the Parent Common Stock, the Parent Series B Preferred Stock, the Parent Series C Preferred Stock and the Parent Series D Preferred Stock to be issued in the Merger to be approved for listing on the NYSE prior to the Effective Time, subject to official notice of issuance.
Parent Series B Preferred Stock shall have a per share price of $0.75.
Notwithstanding the foregoing, neither the Exchange Agent nor any party hereto shall be liable to a Company Holder for any shares of Parent Common Stock or dividends thereon or any shares of Parent Series B Preferred Stock, as the case may be, delivered to a public official pursuant to any applicable escheat laws.
Parent Series B Preferred Stock shall have a per share price of $[ ].
All Parent Common Shares and shares of Parent Series A Preferred Stock and Parent Series B Preferred Stock that may be issued pursuant to this Agreement will be, when issued in accordance with the terms of this Agreement for the consideration expressed herein, duly authorized, validly issued, fully paid and nonassessable, and will be free of restrictions on transfer.
The authorized capital stock of Parent consists of 1,000,000,000 shares of Parent common stock, $.01 par value per share, 100,000 shares of Parent Series A Preferred Stock, $.01 par value per share, and 100,000 shares of Parent Series B Preferred Stock, $.01 par value per share.
The WCAS Securityholders collectively have commitments for sufficient funds to pay in immediately available funds the purchase price, in the aggregate amount of $45,000,000, of the shares of Parent Series B Preferred Stock to be purchased by the WCAS Securityholders in (a) the Parent Series B Sale and (b) any Section 8.21 Transaction.
The shares of Parent Series B Preferred Stock to be issued in the Merger and the shares of Parent Common Stock issuable upon conversion thereof, shall have been approved for listing on AMEX, subject to official notice of issuance.
As of the date hereof, 208,322,791 shares of Parent common stock, 4,875 shares of Parent Series A Preferred Stock and 1,000 shares of Parent Series B Preferred Stock are issued and outstanding, all of which are validly issued, fully paid and non-assessable.