Seller Preferred definition
Examples of Seller Preferred in a sentence
The Seller has no shares of Seller Common Stock or Seller Preferred Stock reserved for issuance other than as described above.
Seller Preferred Upgrade (must be chosen at time of listing): includes Heating systems (including heat pumps or steam or hot water heating systems) Hot water heat system boiler must have auto boiler feed; steam heat must have low water cut-off valve.
For so long as the Purchaser holds the Seller Preferred Stock, Seller shall continuously hold in reserve sufficient shares of Seller Common Stock to perform its conversion obligations under the terms of the Seller Preferred Stock.
As of the date of this Agreement, no shares of Seller Preferred Stock are issued and outstanding.
Seller has no shares of Seller Common Stock or Seller Preferred Stock reserved for issuance other than as described above.
The rights, privileges and preferences of the Seller Preferred Stock are as stated in the Seller Charter and as provided by the NRS.
Prior to the Effective Time, Buyer shall appoint a paying agent reasonably acceptable to Seller to act as agent (the "Paying Agent") for the payment of the Merger Consideration upon surrender of certificates formerly representing issued and outstanding Seller Common Shares or Seller Preferred Shares, as applicable, and payment in respect of Seller Options and amounts owing under the Fee Plan.
At the close of business on the day prior to the date of this Agreement, there were 17,731,076 shares of Seller Common Stock and no shares of Seller Preferred Stock issued and outstanding.
The authorized capital stock of Seller consists of 20,000,000 shares of Common Stock, $0.001 par value ("Seller Common Stock"), and 5,000,000 shares of Preferred Stock, $0.001 par value ("Seller Preferred Stock").
At the close of business on the day prior to the date of this Agreement, there were no shares of Seller Common Stock and no shares of Seller Preferred Stock held in the treasury of Seller.