Examples of Series A-2 Original Issue Price in a sentence
From and after the date of the issuance of any shares of Preferred Stock, the holders of Preferred Stock shall be entitled to receive a non-cumulative dividend of eight percent (8%) per annum of the Series A-1 Original Issue Price (as defined herein), the Series A-2 Original Issue Price (as defined herein), the Series B-1 Original Issue Price (as defined herein), or the Series B-2 Original Issue Price (as defined herein), as applicable.
From and after the date of the issuance of any shares of Series A-2 Preferred Stock, when, as and if declared by the Board of Directors and out of funds of the Corporation legally available for that purpose, the holder of each share of Series A-2 Preferred Stock shall be entitled to receive non-cumulative, non-compounding dividends at the rate per annum of seven percent (7%) of the Series A-2 Original Issue Price (the “Series A-2 Dividends”).
The Series A-l Original Issue Price, Series A-2 Original Issue Price, Series A-3 Original Issue Price and Series B Original Issue Price shall be known individually or collectively, as applicable, as the “Original Issue Price.” 2.
The term “Original Issue Price” shall refer to the Series A Original Issue Price, the Series A-2 Original Issue Price, the Series B Original Issue Price or the Series C Original Issue Price, as the case may be.
The Series A-1 Original Issue Price and the Series A-2 Original Issue Price are collectively referred to as the “Series A Original Issue Price”.
The “Applicable Original Issue Price” shall mean (i) the Series A Original Issue Price, in the case of the Series A Preferred Stock, (ii) the Series A-2 Original Issue Price, in the case of the Series A-2 Preferred Stock, and (iii) the Series B Original Issue Price, in the case of the Series B Preferred Stock.
The Series A-1 Original Issue Price and Series A-2 Original Issue Price, together are hereby designated as the “Original Issue Price”.1.
The “Applicable Conversion Price” shall initially be equal to (w) with respect to each share of the Series A Preferred Stock, the Series A Original Issue Price, (x) with respect to each share of the Series A-1 Preferred Stock, the Series A-1 Original Issue Price, (y) with respect to each share of the Series A-2 Preferred Stock, the Series A-2 Original Issue Price and (z) with respect to each share of the Series B Preferred Stock, the Series B Original Issue Price.
Each share of Series A-2 Preferred Stock shall be convertible, at the option of the holder thereof, at any time and from time to time, and without the payment of additional consideration by the holder thereof, into such number of fully paid and non-assessable shares of Common Stock as is determined by dividing the Series A-2 Original Issue Price by the “Series A-2 Conversion Price” (as defined below) in effect at the time of conversion.
The Series A-1 Original Issue Price, Series A-2 Original Issue Price, Series B Original Issue Price and the Series B-2 Original Issue Price, may each be referred to individually and collectively, as applicable, herein as the “Applicable Original Issue Price.” 2.