Purchased Preferred Stock definition

Purchased Preferred Stock means, with respect to each Purchaser, the number of shares of Series B Convertible Preferred Stock as set forth opposite such Purchaser’s name on Schedule A hereto.
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Purchased Preferred Stock shall have the meaning set forth in Section 2.2.
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Purchased Preferred Stock has the meaning set forth in the recitals to this Agreement.
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Examples of Purchased Preferred Stock in a sentence

  • An adjustment to basic and diluted weighted average shares outstanding was recorded for the effect of the Purchased Preferred Stock converted to Company Common Stock.

  • On September 8, 2015, after approval by the Company’s stockholders, the Purchased Preferred Stock was mandatorily converted into an aggregate of 12,500,546 additional shares of Company Common Stock.

  • Because the aggregate of (i) the number of Purchased Common Shares and (ii) the number of shares of our common stock into which the Purchased Preferred Stock will convert exceeds the 20% threshold in NYSE Rule 312, the common stock issuable upon conversion of the Purchased Preferred Stock requires the approval of XPO stockholders.

  • At the Closing, Purchaser will have sufficient funds to pay all of Purchaser’s obligations under this Agreement, including the payment of the Purchase Price and the aggregate par value for the Purchased Preferred Stock.

  • The Purchaser acknowledges that the offer and sale to it of the Purchased Preferred Stock have not been registered under the Securities Act or under any state securities laws.


More Definitions of Purchased Preferred Stock

Purchased Preferred Stock means the Series A Preferred Stock to be issued to JSTX pursuant to the Contribution Agreement and/or, as the context requires, the Series A Preferred Stock to be issued to Rocky Creek pursuant to the Asset Agreement.
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Purchased Preferred Stock shall have the meaning set forth in the Subordinated Loan Documentation as in effect on the date hereof.
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Purchased Preferred Stock means 65,000 shares of Series D Preferred Stock.
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Purchased Preferred Stock has the meaning set forth in Section 2.2 of this Agreement.
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Purchased Preferred Stock shall have the meaning assigned to such term in the recitals hereto.
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Purchased Preferred Stock means a number of shares equal to (a) the product of (i) Total Purchase Price multiplied by (ii) 101% and divided by (b) $1000.
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Purchased Preferred Stock has the meaning assigned to such term in the Recitals to this Agreement.
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