Examples of Series A Preferred Stockholder in a sentence
No fractional Conversion Securities shall be issued upon conversion of a share of Series A Preferred Stock and in lieu of any fractional Conversion Securities to which a Series A Preferred Stockholder would otherwise be entitled, the Corporation shall pay cash equal to such fraction multiplied by the applicable Conversion Price.
The Series A Preferred Stockholder does not have any such intention.
To the extent any Series A Preferred Stockholder has any rights under the Series A Convertible Preferred Stock and Warrant Purchase Agreement dated as of December 27, 2007 with respect to the Series A Preferred Stock, such rights shall hereafter apply mutatis mutandis with respect to the Series A-1 Preferred Stock.
In the event that at any time fewer than all of the outstanding shares of Series A Preferred Stock are to be redeemed pursuant to Section 4.5(b)(i), the selection of the shares of Series A Preferred Stock to be redeemed shall be made pro rata in proportion to the Series A Preferred Stated Value of the shares of Series A Preferred Stock held by each Series A Preferred Stockholder.
The Series A Preferred Stockholder realizes that the basis for the exemption may not be present if, notwithstanding such representations, the Series A Preferred Stockholder has in mind merely acquiring shares of the Series A-1 Preferred Stock for a fixed or determinable period in the future, or for a market rise, or for sale if the market does not rise.