Examples of Series B Preferred Redemption Price in a sentence
The Series B Preferred Redemption Price shall be payable in cash.
Notwithstanding anything to the contrary in this ARTICLE IVC.8.2, no request for the redemption of any shares of Series A Preferred Stock may be made, and no payments for the redemption of any shares of Series A Preferred Stock may be made or set aside, unless and until the entire Series B Preferred Redemption Price has been paid to the holders of Series B Preferred Stock with respect to all outstanding shares of Series B Preferred Stock for a redemption pursuant to ARTICLE IVC.8.1.
At any time thereafter when additional funds of the Corporation are legally available to redeem such shares of Designated Preferred Stock, the Corporation shall immediately use such funds to redeem the balance of the shares which the Corporation has become obligated to redeem on the Designated Preferred Redemption Date, (but which it has not redeemed), at the respective Series A Redeemable Redemption Price or Series B Preferred Redemption Price.
If a redemption pursuant to this Section D.3(a) or (b) of this Article FOURTH has not occurred by March 31, 2006 (the "SERIES B PREFERRED MANDATORY REDEMPTION DATE"), the Corporation shall, on the Series B Preferred Mandatory Redemption Date, redeem all shares, of Series B Preferred Stock outstanding at the Series B Preferred Redemption Price.
No holder of Series A Convertible Preferred Stock or Series B Redeemable Preferred Stock shall receive any payment of any portion of the Series A Preferred Redemption Price or Series B Preferred Redemption Price, as applicable, until such time as all holders of Series C Convertible Preferred Stock have received payment in full of the Series C Preferred Redemption Price.
From the Financing arranged by Buyer as contemplated by this Agreement for consummation of the transactions contemplated hereby, the Company shall redeem the shares of Series B Preferred Stock for the Series B Preferred Redemption Price (as such term is defined in the Amended and Restated Certificate of Incorporation of the Company) (the "PREFERRED STOCK REDEMPTION AMOUNT") from the holders of the Preferred Stock (the "PREFERRED STOCK HOLDERS").
So long as the Series B Preferred Units to be redeemed are held of record by the nominee of the Depositary, the Series B Preferred Redemption Price shall be paid by the Paying Agent to the Depositary on the Series B Preferred Redemption Date.
With respect to any redemption contemplated by this Paragraph 2, the right of the holders of Series B Redeemable Preferred Stock to receive payment of the Series B Preferred Redemption Price shall be in all respects prior to and senior to the right of the holders of the Series A Convertible Preferred Stock to receive payment of the Series A Preferred Redemption Price.
No holder of Series A Convertible Preferred Stock shall receive any payment of any portion of the Series A Preferred Redemption Price until such time as all holders of Series B Redeemable Preferred Stock have received payment in full of the Series B Preferred Redemption Price.
If a redemption pursuant to this SECTION C.3(a) or (b) of this ARTICLE FOURTH has not occurred by March 31, 2006 (the "SERIES B PREFERRED MANDATORY REDEMPTION DATE"), the Corporation shall, on the Series B Preferred Mandatory Redemption Date, redeem all shares of Series B Preferred Stock outstanding at the Series B Preferred Redemption Price.