Examples of Series C Notice in a sentence
The Replacement Director Vote shall be held as soon as practicable after the end of the Series C Notice Period.
After the expiration of the Series C Notice Period, the Secretary of the Corporation shall total the Series C Nominee votes cast by the Holders, and the Series C Nominee receiving the highest total percentage vote for nomination of the outstanding Series C Preferred Stock, shall appear on any ballot delivered by the Corporation for the vote of the Series C Preferred Stock Holders of such replacement Series C Director (a “Replacement Director Vote”).
Each holder shall have a period of thirty (30) days from the date of the Corporation’s mailing of such Series C Notice (the “Series C Notice Period”) to provide the Corporation written notice of such Xxxxxx’s nominee to fill the vacancy of the former Series C Director (each a “Series C Nominee”).
Within ten (10) days after receiving the Corporation Series C Notice, the other Series C Holders shall have the right to notify the Corporation in writing that they also wish to exercise their right to have their shares of Series C Preferred Stock redeemed on the Series C Redemption Date.
In order to effect any sale of Series C Preferred to the Purchasers, the Company must for each closing provide notice to the Purchasers of its intent to effect such sale at least 15 business days prior to each proposed closing date (each such date a "Series C Closing Date") for such sale and indicate in such notice the total number of shares to be issued and sold (each such notice a "Series C Notice of Sale").
Upon receipt of the Series C Notice, the Corporation will so notify all other persons holding Series C Preferred Stock.
Not later than seven days after the Investors receive a Transferring Holder Notice, each Investor shall give written notice to the Transferring Series C Holder and the Company (the "Investors Series C Notice") stating (i) whether or not such Investor elects to exercise its respective option to purchase and (ii) a date and time for consummation of the purchase not more than seven days after the receipt of the Investors Series C Notice by the Transferring Series C Holder.
Notwithstanding the foregoing, upon the receipt of the Series C Notice requiring establishment of the First Series C Redemption Date, the Corporation may, if the Board of Directors deems it to be in the best interest of the Corporation, postpone the First Series C Redemption Date to a date that is not later than one (1) year and sixty (60) days from the date of the Series C Notice.
After receipt of the Series C Notice, the Corporation shall fix the first date for redemption (the "First Series C Redemption Date"), provided that such First Series C Redemption Date shall occur within sixty (60) days after receipt of the Series C Notice.
With respect to stranded costs, the RPA argues that PSE&G's claim for automatic, unconditional and full recovery of stranded costs has no basis in law, economics or logic.