Examples of Series C Issuance Date in a sentence
Other than with respect to Series C PIK Preferred Units, immediately following the Series C Issuance Date and thereafter, no additional Series C Preferred Units shall be designated, created or issued without the prior written approval of the General Partner and the holders of a majority of the Outstanding Series C Preferred Units.
The initial Capital Account balance in respect of each Series C Preferred Unit issued on the Series C Issuance Date shall be the Series C Issue Price, and the initial Capital Account balance in respect of each Series C PIK Preferred Unit shall be zero.
All classes of Common Stock of the Corporation and any other class of capital stock or series of preferred stock established after the Series C Issuance Date to which the Series C Preferred Stock is senior, are collectively referred to herein as "Junior Securities".
At any time and from time to time after the Series C Issuance Date and prior to the Mandatory Redemption Date, the Corporation shall have the right to redeem all, and no less than all, of the outstanding shares of Series C Preferred Stock on such date (the "Optional Redemption Date") at the Redemption Price upon written notice as provided in Section 4(c).
The Series C Preferred Stock shall rank, with respect to dividend distributions and distributions upon a Liquidation Event (as defined in Section 3(a) herein), senior to all classes of common stock of the Corporation (including the Common Stock, $.10 par value per share, of the Corporation) and senior to or on parity with any other class of capital stock or series of preferred stock established after the Series C Issuance Date by the Board.
The Corporation shall redeem all shares of Series C Preferred Stock on the seventh (7th) anniversary (the "Mandatory Redemption Date") of the Series C Issuance Date at the Redemption Price.
At any time and from time to time after the Series C Issuance Date, the Corporation shall have the right to redeem all, and no less than all, of the outstanding shares of Series C Preferred Stock on such date (the "Optional Redemption Date") at the Redemption Price upon written notice as provided in Section 4(c).
Solely during the period commencing on the Original Series C Issuance Date and terminating on the eighteen month anniversary thereof (the “Preemptive Period”), each holder of Series C Convertible Preferred Stock is hereby expressly granted a preemptive right to purchase up to such holder’s pro rata share of all Equity Securities that the Company may from time to time propose to sell, issue or exchange, other than the Excluded Securities.
For purposes of this Section 8(a)(ii) if the terms of any option or convertible security which was outstanding as of the Series C Issuance Date are changed in the manner described in the immediately preceding sentence, then such option or convertible security and the Common Stock deemed issuable upon exercise, conversion or exchange thereof shall be deemed to have been issued as of the date of such change and no such change shall cause the Series C Conversion Price hereunder to be increased.
The initial Capital Account balance in respect of each Series C Preferred Unit issued on the Series C Issuance Date shall be the Series C Issue Price, and the initial Capital Account balance in respect Active 344679592 of each Series C PIK Preferred Unit shall be zero.