Examples of Preferred Stock Issue Price in a sentence
If the Company elects clause (a)(ii), the Convertible Preferred Stock Issue Price shall be at the discretion of the Company.
Guarantee Preferred Stock Issue Price (which in the case of preferred shall be calculated on an as-if converted to common basis), and such shares shall be transferred on the books and records of the Company to the Contributing Guarantors pro rata based on the respective amounts funded.
The price at which shares of Common Stock shall be deliverable upon conversion of shares of the Series B Preferred Stock (the “ Series B Preferred Stock Conversion Price”) shall initially be the Series B Preferred Stock Issue Price, as defined above.
Dividends shall accrue on each share of the Series E Preferred (and on any accrued and unpaid dividends thereon) at a rate per annum, compounded quarterly, of 6% of the Original Series E Preferred Stock Issue Price (as defined below) (as adjusted for stock splits, stock dividends, combinations, recapitalizations and similar events).
The price at which shares of Common Stock shall be deliverable upon conversion of shares of the Series A-3 Preferred Stock (the “ Series A-3 Preferred Stock Conversion Price”) shall initially be the Series A-3 Preferred Stock Issue Price, as defined above.
Upon its receipt of the purchase price for each Share, the Company shall issue and sell to Purchaser the number of Shares, the stated value of which shall be $10,000 per share (the "Original Preferred Stock Issue Price").
In exchange for a cash payment in an amount (the “Purchase Price”) equal to (a) the Preferred Stock Issue Price minus (b) the Original Issue Discount Amount, the Purchaser shall be entitled to receive the number of shares of Preferred Stock (the “Purchased Shares”) set forth opposite the Purchaser’s name on Schedule A.
Number of Shares Issuable Upon Conversion Each share of Series B Preferred Stock shall be convertible into such number of fully paid and nonassessable shares of Common Stock as is determined by dividing the Original Series B Preferred Stock Issue Price by the Conversion Price at the time in effect for such series.
At any time after giving the holders of the Series F Preferred ten (10) days prior written notice, (the "Redemption Notice Date"), the Corporation will, within sixty (60) days of the Redemption Notice Date (the "Redemption Date"), redeem all or any portion of the shares of Series F Preferred, by paying in cash, out of funds legally available therefor, at Original Series F Preferred Stock Issue Price after any adjustments for stock splits, stock dividends, combinations, recapitalizations and similar events.
The price at which shares of Common Stock shall be deliverable upon conversion of shares of the Series A-2 Preferred Stock (the “ Series A-2 Preferred Stock Conversion Price”) shall initially be the Series A-2 Preferred Stock Issue Price, as defined above.