Examples of Series A Initial Issuance Date in a sentence
If, at any time after the Series A Initial Issuance Date, the number of shares of Common Stock outstanding is decreased by a combination of the outstanding shares of Common Stock, then, upon the record date for such combination, the Series A Conversion Price shall be appropriately increased so that the number of shares of Common Stock issuable on conversion of each share of Series A Stock shall be decreased in proportion to such decrease in outstanding shares.
If, at any time after the Series A Initial Issuance Date, the number of shares of Common Stock outstanding is decreased by a combination of the outstanding shares of Common Stock, then, upon the record date for such combination, the Series A Conversion Price shall be appropriately increased so that the number of shares of Common Stock issuable on conversion of each share of Series A Preferred Stock shall be decreased in proportion to such decrease in outstanding shares.
This paragraph shall not apply to any issuance occurring on or before 240 days from the Series A Initial Issuance Date.
Series A Initial Issuance Date: November 5, 1993, the date that shares of Series A Preferred Stock were first issued by the Corporation.
Without limiting the foregoing and without limiting the General Partner’s discretion to change or appoint a new third party Transfer Agent at any time, on or prior to the Series A Initial Issuance Date the General Partner shall appoint the same Transfer Agent for the Common Units to be Transfer Agent for the Series A Preferred Units.
Without limiting the foregoing and without limiting the discretion of the Board of Directors to change or appoint a new third-party Transfer Agent at any time, on or prior to the Series A Initial Issuance Date the Board of Directors shall appoint the same Transfer Agent for the Common Units to be Transfer Agent for the Series A Preferred Units.
If at any time after the Series A Initial Issuance Date, the Corporation fails for any reason to pay any dividend on the Series A Preferred in cash as set forth in clause (x) of the preceding sentence, then the Corporation shall instead pay such dividend by the issuance of Additional Shares of Series A Preferred as set forth in clause (y) of the preceding sentence.
Each of such annual dividends shall be fully cumulative and shall accrue (whether or not earned or declared), without interest, from the first day of the Annual Dividend Period, except that with respect to the Annual Dividend Period ending on December 22, 1993, such dividend shall accrue from the initial date of issuance of the Series A Preferred (the "Series A Initial Issuance Date").
Dividends accrued on the Series A Convertible Preferred Stock for the one-year period beginning on the Series A Initial Issuance Date shall not be declared or paid; dividends accrued on the Series A Convertible Preferred Stock after such one-year period may only be declared and paid, in whole or in part, at any time or times during the calendar year in respect of which they accrue.
If the Call Date (as defined in Section 2A.67(b)(ii) below) is on or before the first (1st) anniversary of the Series A Initial Issuance Date, the Call Price will be 115% of the Series A Conversion Price on the Call Date.