Examples of Series A-1 Convertible Preferred Units in a sentence
According to this concept, a large set of entangled photon pairs is distributed over sufficiently short fiber segments.
In addition, the Company shall have a series of the Series A Preferred Units designated as Series A-1 Convertible Preferred Units (“Series A-1 Preferred Units”), of which [ ] Series A-l Preferred Units are authorized and, as of the date hereof, [ ] are issued and outstanding.
Each of HPIP and Magnolia Partners, in its capacity as a record and beneficial owner of the Series A-1 Convertible Preferred Units and Series A-2 Convertible Preferred Units, respectively, hereby agrees to vote such AMID Units or to execute a written consent in respect of such AMID Units, in favor of the approval and adoption of the AMID Partnership Agreement Amendment in the event such adoption becomes subject to AMID unitholder approval.
The Series A-1 Convertible Preferred Units and Series A-2 Convertible Preferred Units, whether issued on a Series A Issuance Date or as Series A PIK Preferred Units, are referred to herein as “Series A Preferred Units” and as such the Series A-1 Convertible Preferred Units and the Series A-2 Convertible Preferred Units shall be considered pari passu as to allocations and distributions with each other and with the Series C Convertible Preferred Units and the Series E Preferred Units.
Without limiting the rights of the Corporation as holder of the Series A-1 Convertible Preferred Units (including pursuant to Section 6), if the Company does not have sufficient funds legally available to fully pay any cash amount otherwise due on the Series A-1 Convertible Preferred Units, then the Company will pay the deficiency promptly after funds thereafter become legally available therefor.
Staff recommendation: That the City of Stratford receive the resolution from the County of Huron objecting to the direction of the Fire Marshall’s Office restricting shed parties and family functions in farm buildings.
The Series A-1 Convertible Preferred Units will have no rights, preferences or voting powers except as provided in this Certificate of Designations or the LLC Agreement or as required by applicable law.
Subject to Section 3(c), the Corporation may at any time deliver Series A-1 Convertible Preferred Units to the Company for cancellation.
Upon execution of the Investor Rights Agreement, dated on or about the date hereof and attached hereto as Exhibit A, Unit Holders and Corporate Shareholders holding Series A-1 Convertible Preferred Units, Series A-2 Convertible Preferred Units and/or Series B Convertible Preferred Units shall have the registration rights with respect to their Reorganization Shares as set forth therein.
The Manager will cause the Company to promptly cancel all Series A-1 Convertible Preferred Units so surrendered to the Company.