Examples of Preferred Stock Certificates of Designation in a sentence
Unless otherwise provided in one or more Preferred Stock Certificates of Designation, the foregoing provisions of this paragraph shall not apply to any director elected exclusively by one or more series of Preferred Stock.
On or prior to the Commencement Date, the Company shall file with the Secretary of State of the State of Delaware the New Preferred Stock Certificates of Designation (other than the Series C Convertible Preferred Certificate of Designation which will be filed prior to the Call Closing), which shall become effective and be in full force and effect as of the Commencement Date.
The shares of Voting Common Stock and shares of Convertible Preferred Stock (upon filing of the related Preferred Stock Certificates of Designation with the Georgia Secretary) have been duly authorized by all necessary corporate action.
Two virtually identical Senior Preferred Stock Certificates of Designation (one for each Company) (the “Certificates of Designation”) (A384, A394) set forth the rights, powers and preferences of the Senior Preferred Stock.
Except as set forth on Schedule 4.2, there are no restrictions upon the voting or transfer ------------ of any share of the capital stock or other voting securities of the Company pursuant to the Certificate of Incorporation, the Existing Preferred Stock Certificates of Designation, the Bylaws or other governing documents or any agreement or other instrument to which the Company is a party or by which the Company is bound other than restricted stock held by certain employees.
This Agreement and the credit facilities created hereunder constitute the “Credit Agreement” under and as such term is defined in the New Senior Subordinated Notes Indenture and is a “Debt Instrument” under and as such terms are defined in the Preferred Stock Certificates of Designation.
The stockholder vote required for the adoption and approval of the transactions contemplated hereunder shall be the vote or votes required by Applicable Law, the Certificate of Incorporation, the Existing Preferred Stock Certificates of Designation and the rules of The Nasdaq Stock Market, Inc.
As of March 13, 2023, 4,000,000 shares of Series E Convertible Preferred Stock were issued and outstanding.None of the Preferred Stock Certificates of Designation contains any event; wherein, the conversion of high-vote and /or low-vote shares is mandatory.
Funding provides critical support often needed to complete projects.