Examples of Preferred Stock Issuance Date in a sentence
Unless otherwise consented to in writing by the Holder, the Company shall have no right to prepay all or any portion of the principal amount of this Note prior to the Preferred Stock Issuance Date.
On the effective date of such registration statement the Company shall notify the Investors of the effectiveness of the registration statement and specify the date (the "Convertible Preferred Stock Issuance Date") on which it intends to issue such Convertible Preferred Stock, which date shall be not less than 3 Business Days and not more than 15 Business Days after the giving of such notice.
The Series A Preferred Stock shall be redeemable in whole or in part from time to time at any time after the twenty-fourth month following the Series A Preferred Stock Issuance Date, at the option of the Board of Directors of the Company, upon giving the Preferred Stockholders 30 days written notice of our intention to redeem at $10.00 per share, plus an amount equal to all unpaid accumulated dividends thereon.
If the Corporation shall at any time after the Initial Preferred Stock Issuance Date effect a subdivision (by any stock split, reclassification or otherwise) of the outstanding shares of Common Stock into a larger number of shares without a corresponding subdivision of the Series A Preferred Stock, the applicable Series A Conversion Price in effect immediately before that subdivision shall be proportionately decreased.
Conversely, if the Corporation shall at any time after the Initial Preferred Stock Issuance Date combine the outstanding shares of Common Stock into a smaller number of shares without a corresponding combination of the Preferred Stock, the applicable Conversion Price in effect immediately before the combination shall be proportionately increased.
All Class E Preferred Dividends shall be cumulative, whether or not earned or declared, on a daily basis from the date of original issuance of the Class E Preferred Stock or any subsequent issuance, as the case may be (the "Class E Preferred Stock Issuance Date"), and shall be payable semi-annually in arrears on each Dividend Payment Date (as defined in Paragraph (e)(ii)(A) of this Article FOURTH above), commencing December 31, 1998.
All dividends shall be cumulative, whether or not earned or declared, on a daily basis from the date of original issuance of the Class D Preferred Stock or any subsequent issuance, as the case may be (the "Class D Preferred Stock Issuance Date"), and shall be payable semi-annually in arrears on each Dividend Payment Date (as defined in Paragraph (e)(ii)(A) of this Article FOURTH above), commencing June 30, 1998.
All dividends shall be cumulative, whether or not earned or declared, on a daily basis from the date of original issuance of the Class C Preferred Stock or any subsequent issuance, as the case may be (the "Class C Preferred Stock Issuance Date"), and shall be payable semi-annually in arrears on each Dividend Payment Date (as defined in Paragraph (e)(ii)(A) of this Article FOURTH above), commencing June 30, 1998.
Conversely, if the Corporation shall at any time after the Initial Preferred Stock Issuance Date combine the outstanding shares of Common Stock into a smaller number of shares without a corresponding combination of the Series A Preferred Stock, the applicable Series A Conversion Price in effect immediately before the combination shall be proportionately increased.
At any time from and after the Class D Preferred Stock Issuance Date, the Class D Preferred Stock shall be convertible, in part or in whole, at the option of the Class D Preferred Holders, into shares of Common Stock upon the terms and conditions as hereinafter provided in this Paragraph (g)(vi) (a "Class D Conversion").