Examples of Series A-2 Certificate of Designations in a sentence
The Series A-2 Preferred Stock shall be perpetual unless converted or redeemed in accordance with this Series A-2 Certificate of Designations.
The Company shall use its commercially reasonable efforts to agree on or prior to January 31, 2007 on (a) the terms of the GM Settlement, (b) the agreements contemplated by Section 5(u), and (c) the terms of the Amended and Restated Constituent Documents, the Series A-1 Certificate of Designations, the Series A-2 Certificate of Designations and the Series B Certificate of Designations, the Shareholders Agreement and the Registration Rights Agreement with ADAH and Dolce.
Notwithstanding anything to the contrary in this Series A-2 Certificate of Designations, cash dividends shall be paid only to the extent the Company has funds legally available for such payment, and the Board of Directors declares such dividend payable.
For the avoidance of doubt and notwithstanding anything in this Series A-2 Certificate of Designations to the contrary, at no time shall Holders of Series A-2 Preferred Stock have the right to convert any share of their Series A-2 Preferred Stock, and no shares of Series A-2 Preferred Stock are convertible into, Common Stock.
Accrued and unpaid dividends from the Initial Issuance Date through and including April 1, 2017 shall increase the Stated Value hereunder on a daily basis (and including any Capitalized Dividends (as defined in the Series A-2 Certificate of Designations), the “Capitalized Dividends”).
So long as there are any outstanding shares of Series A-2 Preferred Stock, the Class B-2 Directors shall be elected by holders of Series A-2 Preferred Stock pursuant to the Series A-2 Certificate of Designations.
The Company has set aside sufficient Securities to satisfy the exercise of preemptive rights of holders of Series A-1 and Series A-2 Preferred Stock during the thirty (30) day period following the final Closing, but the Company has not given those holders, pursuant to Section 10 of the Series A-1 and Series A-2 Certificate of Designations, thirty (30) days notice prior to the Initial Closing and the opportunity to exercise their preemptive rights prior to the Initial Closing.
TurnerRetired Chairman and Chief Executive Officer, Copperweld Corporation David M.