Examples of Series A Redemption Amount in a sentence
If upon the consummation of a Designated Event, the holders of all of the outstanding shares of Series A Preferred Stock receive cash equal to the Liquidation Preference (as defined in the Certificate of Incorporation) plus accrued but unpaid dividends as of the redemption date on each outstanding share of Series A Preferred Stock (such aggregate amount, the "Series A Redemption Amount"), then the Company shall pay to Participant the Bonus Amount.
The date on which the Series A Redemption Amount is payable is referred to herein as the "Series A Redemption Date".
The Company may redeem the Series A Preferred Stock by payment in cash, for each share of Series A Preferred Stock to be redeemed, in an amount (the "Series A Redemption Amount") equal to the Series A Stated Amount, plus an amount equal to any Series A Dividends that have accrued or cumulated through the Series A Redemption Date (as hereinafter defined), but have not been paid as of such date.
Within Article VIII, Section 3, the section proposes to authorize the appointment of co-chairs for the section’s legislation committee, one for real property and one for probate and trust.
If upon the consummation of a Designated Event, the holders of all of the outstanding shares of Series A Preferred Stock receive cash equal to the Liquidation Preference (as defined in the Certificate of Incorporation) plus accrued but unpaid dividends as of the redemption date on each outstanding share of Series A Preferred Stock (such aggregate amount, the "Series A Redemption Amount"), then the Company shall pay to Executive the Bonus Amount.
The Series A Redemption Amount shall be paid, in a lump sum payment to each holder of Series A Preferred Stock, on the applicable Series A Redemption Date.
The date on which the Series A Redemption Amount is payable is referred to herein as the "Series A Redemption Date." If less than all of the outstanding shares of Series A Preferred Stock are to be redeemed, the Corporation shall redeem a pro rata portion of the shares of Series A Preferred Stock held by each holder.
Schedule 4.02(g) contains a true and complete list of Series A Shareholders and the Series A Redemption Amount for each such Series A Shareholder.
Notwithstanding anything to the contrary in the Certificate of Incorporation, and subject to the terms and conditions of this Redemption Agreement, the Company and the Investors hereby agree that the Company may and will redeem the Series A Preferred Stock contemporaneously with the closing of the IPO with the aggregate Series A Redemption Amount to be paid by the Company out of the proceeds of the IPO.
The Series A Redemption Amount and the cash portion of the Per Share Merger Consideration shall be paid to the former holder by check or wire transfer of immediately available funds (as specified by such former holder in the Letter of Transmittal) and the II-VI Shares shall be delivered to the former holder at such former holder’s mailing address (as specified by such former holder in the Letter of Transmittal) in the form of duly executed certificates representing such II-VI Shares.