Examples of Series A Designations in a sentence
Upon the occurrence and during the continuation of an Event of Default, the Guarantor shall have the right, but not the obligation, as holder of the Series A Preferred Stock, to designate additional Series A Directors to be added to the Borrower's Board of Directors pursuant to the terms of the Series A Designations.
The Secretary shall have acontinuing responsibility to furnish information to the Indian Tribes.
Except as set forth below, the Terms of the Series C Designations shall be identical to the Terms of the Series A Designations, and the Terms of the Series D Designations shall be identical to the Terms of the Series B Designations.
Furthermore, under the terms of the Series A Designations (as amended), all outstanding shares of Series A Preferred Stock will automatically convert into shares of common stock upon a Public Listing on a Qualified National Exchange at the then-current Series A Conversion Rate.
Immediately following the proper filing of the Series A Designations with the office of the Secretary of State of Missouri, MDSI shall take all appropriate action to contribute to the capital of Connectria the principal amount of the $2,519,000 indebtedness of Connectria (the "Contributed Debt").
Where the Series A Designations and Series B Designations refer to the Series A Preferred, or to the Series B Preferred, or to the B-1 Preferred or to the B-2 Preferred, the Series C and Series D Designations shall instead respectively refer to Series C Preferred, Series D Preferred, D-1 Preferred and D-2 Preferred.
Such payment in kind is further described in the Amended and Restated Series A Preferred Stock Designations of Preferences in the form attached hereto as Exhibit F (the “Series A Designations”), which Series A Designations shall be adopted by Company at Closing.
Immediately following the proper filing of the Series A Designations with the office of the Secretary of State of Missouri, MDSI shall take all appropriate action to cause its subsidiary Mobile Data Solutions Inc., a Delaware corporation ("MDSI-USA"), to contribute to the capital of Connectria the principal amount of the $2,519,000 indebtedness of Connectria to MDSI-USA (the "Contributed Debt").
The Certificate of Designations for the Series A Preferred Stock (the "Series A Designations") shall have been amended in a manner that is in substantially the form of Exhibit E attached hereto.
The terms of Amendment No. 1 to the Series A Designations is included as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated by reference herein.