Examples of Series B Rights in a sentence
If this Series B Right Certificate shall be exercised in part, the holder shall be entitled to receive upon surrender hereof another Series B Right Certificate or Series B Right Certificates for the number of whole Series B Rights not exercised.
The Common Stock Rights Certificates, the Series A Rights Certificates and Series B Rights Certificates (the Common Stock Rights Certificate, the Series A Rights Certificate and the Series B Rights Certificate, collectively, the "Rights Certificates") shall not entitle the holders thereof to any voting or other rights as a stockholder of Treasure Mountain until the effectiveness of either of the Subsequent Actions.
In the event of any such suspension, the Company shall issue a public announcement stating that the exercisability of the Series A Rights, Series B Rights and/or Series C Rights, as applicable, has been temporarily suspended, as well as a public announcement at such time as the suspension is no longer in effect.
This action concerns an issuance of commercial mortgage-backed securities and the availability, or unavailability, of judicial recourse to aggrieved inves- tors.
This Series B Rights Certificate shall not be valid or obligatory for any purpose until it shall have been countersigned by the Rights Agent.
No fractional shares of Series B Preferred Stock or Series B Common Stock will be issued upon the exercise or exchange of any Series B Right or Series B Rights evidenced hereby (other than fractions of Series B Preferred Stock which are integral multiples of one one-thousandth of a share of Series B Preferred Stock, which may, at the election of the Company, be evidenced by depository receipts), but in lieu thereof a cash payment will be made, as provided in the Rights Agreement.
The Share Rights are divided into Series A Rights (matching right), Series B Rights, Series C Rights, Series D Rights.
Capitalized terms not otherwise defined herein have the meanings set forth in Article VII.
As provided in the Rights Agreement, the Purchase Price, the number of one-thousandths of a share of Series B Preferred Stock (or other securities or property) which may be purchased upon the exercise of the Series B Rights and the number of Series B Rights evidenced by this Series B Right Certificate are subject to modification and adjustment upon the happening of certain events.
Borrower fails to (a) provide Agent and the Lenders, on or before February 28, 2017, a copy of its written notice of the “Mandatory Conversion Time” (as such term is defined in the Series B Rights Agreement), to holders of its Series B Preferred Stock, of the Borrower’s election to convert all Series B Preferred Stock to common stock of the Borrower and (b) cause such Series B Preferred Stock to be converted to common stock of the Borrower in accordance with the terms of the Series B Rights Agreement.