Examples of Series B Shareholder in a sentence
Each such meeting of stockholders at which either the Series A Shareholder Approval or Series B Shareholder Approval is considered is referred to herein as a "Shareholder Meeting." The Company shall use its best efforts to obtain the required approval of its stockholders of the Shareholder Approval Proposal or Proposals under consideration at each Shareholder Meeting in order to give effect thereto under the Certificate of Incorporation, the Bylaws, the DGCL and the NYSE Rules.
Such payment shall be made by wire transfer on the Sale Transaction Closing Date to an account specified by each Series B Shareholder in writing at least two (2) Business Days prior to the Sale Transaction Closing Date.
Each Series B Shareholder acknowledges that the Company and Parent will rely on such Shareholder's waiver of these rights arising under the TBCA, and agrees that the Company will have no obligation to provide notice of dissenter's rights to such Series B Shareholder or to take any other or further action concerning such Series B Shareholder's dissenter's rights otherwise available under the TBCA in connection with the Merger.
Shares of Series B Preferred Stock shall accumulate dividends at a rate of 6.50% per annum; provided, that in the event that the Series B Shareholder Approval has not been obtained by the Corporation on or prior to the Anniversary Date, shares of Series B Preferred Stock shall accumulate dividends at a rate of 12.00% per annum from and after the Anniversary Date through the Approval Date.
Each Series B Shareholder, as a record and beneficial holder of Shares, hereby waives irrevocably, as to all of its Shares, its right to dissent, notice of dissenter's rights and all other rights arising under the provisions of the TBCA with regard to dissenter's rights in connection with the Merger.