Examples of PCS Group Common Stock in a sentence
Upon any Transfer of shares of Series 2 PCS Stock or Series 2 Common Stock, as the case may be (other than a Transfer to a Cable Holder) each such share so Transferred shall automatically convert (without the payment of any consideration) into one duly issued, fully paid and nonassessable share of Series 1 PCS Group Common Stock or Common Stock, respectively, as of the date of such Transfer.
A statement setting forth the WorldCom Group Intergroup Interest Fraction as of the record date for any dividend or distribution on the PCS Group Common Stock, as of the end of each fiscal quarter of the Corporation and as of any date otherwise required under these Articles or by the Board of Directors shall be filed by the Secretary of the Corporation in the records of the Board of Directors not later than fifteen Business Days after such date.
A statement setting forth the Outstanding PCS Fraction as of the record date for the payment of any dividend or distribution on PCS Group Common Stock and as of the end of each fiscal quarter of the Corporation shall be filed by the Secretary of the Corporation in the records of the actions of the Board of Directors not later than fifteen Business Days after such date.
Except as prescribed by law and in addition to the rights provided for in this ARTICLE SIX, the holders of the shares of the Eighth Series shall be entitled to vote at any annual or special meeting of the shareholders, for each share of Eighth Series, a number of votes equal to the product of the PCS Group Multiple then in effect times the highest number of votes that each share of PCS Group Common Stock entitles its holder to vote at such meeting of shareholders.
Notwithstanding the foregoing, notice shall be given no later than the time any required notice of such action or event is given to the holders of PCS Group Common Stock or WorldCom Group Common Stock.
Except as otherwise provided in ARTICLE SIX, Sections 2.2 and 6.2, shares of PCS Group Common Stock are (i) subject to conversion or redemption, as the case may be, upon the terms provided in this Section 7 with respect to each class and (ii) otherwise not subject to conversion or redemption.
PCS Group Multiple then in effect times the aggregate amount to be distributed per share to holders of PCS Group Common Stock.