Examples of Series A-4 Preferred Shares in a sentence
In the event of a conversion of REIT Series A-4 Preferred Shares pursuant to the terms of the Series A-4 Articles Supplementary, then, upon conversion of such REIT Series A-4 Preferred Shares, the General Partner shall convert a number of its Series A-4 Preferred Units equal to the number of REIT Series A-4 Preferred Shares so converted into a number of Common OP Units equal to the number of REIT Shares issued on conversion of such REIT Series A-4 Preferred Shares.
In connection with such distribution, the Green Courte Entities may assign their rights under this Agreement (including the Sale Right) to the assignees of the Series A-4 Preferred Shares pursuant to an assignment in form and substance reasonably acceptable to Sun.
At any time on or before the Termination Date (as defined below), the Green Courte Entities and any subsequent holder of Series A-4 Preferred Shares (each a “Holder”) shall have the right (but not the obligation) to require Sun to purchase any or all of the Series A-4 Preferred Shares held by such Holder (the "Sale Right") for the Sale Price (as defined below).
Sun understands that, immediately after the Effective Date, the Green Courte Entities intend to distribute the Series A-4 Preferred Shares to the direct or indirect members of the Green Courte Entities.
As of the date of this Agreement, there are issued and outstanding 122,900 Ordinary Shares, 675,536 Series A Preferred Shares, 108,185 Series A2 Preferred Shares, 200,843 Series A3 Preferred Shares and 136,880 Series A4 Preferred Shares.
Over the past several years the company has divested its marketable securities and its non-strategic assets, primarily agribusiness assets.
The Company shall promptly thereafter pay, by wire transfer of immediately available funds, an amount to each such holder equal to the aggregate Stated Value of all such Series A-4 Preferred Shares delivered by such holder.
On or before the tenth (10th) Business Day following the date of the Call Notice, the holders of the Series A-4 Preferred Shares shall deliver to the Company, all, or, in the case of a Call Notice concerning a portion of the Series A-4 Preferred Shares, on a pro rata basis as provided in the Call Notice, based on the number of shares of Series A-4 Preferred Shares held by each holder, Series A-4 Preferred Shares with an aggregate Stated Value equal to the amount designated in the Call Notice.
The Company has authorized four series of Preferred Shares, which include 675,536 Series A Preferred Shares, 108,185 Series A2 Preferred Shares, 200,843 Series A3 Preferred Shares and 136,880 Series A4 Preferred Shares.
From and after the fifth anniversary of the date on which the Registration Requirement has been satisfied, the Company may from time-to-time issue a call notice to the holders of the Series A-4 Preferred Shares (the “Call Notice”).