Series A-3 Convertible Preferred definition
Examples of Series A-3 Convertible Preferred in a sentence
Immediately following receipt of the certificates representing the aggregate stated liquidation preference of Series A-2 Preferred Stock or Series C Preferred Stock, as the case may be, surrendered by CIG, the Company shall cancel such certificates and issue to CIG certificates representing such aggregate stated liquidation preference of Series A-3 Convertible Preferred or Series C Convertible Preferred, as the case may be, as shall be determined pursuant to the preceding sentence.
The Corporation shall redeem, in the manner provided for in paragraph (e)(ii) hereof, and out of funds legally available therefor all of the outstanding shares of Series A-3 Convertible Preferred for cash on August 31, 2013 (the “Redemption Date”), at a price per share equal to the Redemption Price.
The transfer agent will deliver to such Holder a new certificate representing the shares of Series A-3 Convertible Preferred in excess of those being surrendered for conversion.
Except as provided in the preceding sentence, Holders of Series A-3 Convertible Preferred shall not be entitled to any distribution in the event of any liquidation, dissolution or winding up of the affairs of the Corporation.
Such adjustment shall be made whenever any such Repurchase occurs, but shall also be effective retroactively as to shares of Series A-3 Convertible Preferred converted between such record date and the date of the happening of any such Repurchase.
The Company shall have a series of Preferred Stock, which shall be designated as its 8% Series A-3 Convertible Preferred Stock due 2015 (the "Series A-3 Preferred Stock").
There is hereby created out of the authorized and unissued shares of Preferred Stock of the Corporation a series of Preferred Stock designated as the “12% Series A-3 Mandatorily Convertible Preferred Stock.” The number of shares constituting such series shall be 11,000 and are referred to as the “Series A-3 Convertible Preferred.” The liquidation preference of the Series A-3 Convertible Preferred shall be $10,000.00 per share (the “Liquidation Preference”).
Special duty days are for faculty professional development, curriculum development, planning and other activities relevant to the welfare of the College an as deemed necessary by the Administration.
The deadline for the submission of applications is 30/06/2010 17.00 as evidenced by the date of dispatch, the postmark or the date of the deposit slip.
The Series A-3 Convertible Preferred shall be converted by the holder thereof by surrendering the certificate or certificates representing the shares of Series A-3 Convertible Preferred to be converted, appropriately completed, to the transfer agent for the Common Stock.