Examples of Preferred Stock Purchase Price in a sentence
The purchase price per one one-hundredth of a share of Series A Preferred Stock ("Purchase Price") will equal the Board of Directors' judgment as to the "long-term investment value" of one share of Common Stock at the end of the 10-year term of the Rights.
Each share of Preferred Stock shall be convertible, at any time and from time to time at the option of the Holder thereof, into such number of shares of Common Stock (subject to the Beneficial Ownership Limitation) determined by dividing the Per Share of Preferred Stock Purchase Price by the Conversion Price then in effect (the “Conversion Rate”).
The Purchase Price payable by the General Partner to each Exercising Partner for the Offered Series C Preferred Units shall be payable by the issuance by the General Partner of the number of shares of its Series C Preferred Stock equal to the number of Series C Preferred Units being converted (the "Series C Preferred Stock Purchase Price").
Radian Securities will use the Preferred Stock Purchase Price as consideration for the Radian Asset Preferred Stock to be purchased from Radian Asset pursuant to the Radian Asset Put Agreement.
The Purchase Price payable by the General Partner to each Exercising Partner for the Offered Convertible Preferred Units shall be payable by the issuance by the General Partner of the product, expressed as a whole number, of (i) the number of shares of its Convertible Preferred Stock equal to the number of Convertible Preferred Units being converted, multiplied by (ii) the Preferred Exchange Factor (the "Convertible Preferred Stock Purchase Price").