Examples of Series C Preferred Share in a sentence
Each Series C Preferred Share shall be identical in all respects to every other Series C Preferred Share.
The Series C Preferred shares may be converted into common shares of the Company at a ratio of one Series C Preferred Share for each common share at the sole discretion of the Company.
In any case in which the Holders shall be entitled to vote separately as a single class pursuant to the provisions of the Certificate of Incorporation or pursuant to law, each Holder shall be entitled to one vote for each Series C Preferred Share held.
Declared but unpaid dividends on any Series C Preferred Share shall, upon conversion of such shares, be paid to the extent assets of the Corporation are legally available therefor either in cash or in shares of Common Stock, as determined by the Board.
After the full Series D Redemption Amount on all issued and outstanding Series D Preferred Shares has been paid to those holders who have elected for redemption, the holders of the Series C Preferred Shares shall be entitled to receive, prior to any payment to the holders of Series B Preferred Shares and Series A Preferred Shares, an amount per Series C Preferred Share equal to the Series C Issue Price (the “Series C Redemption Amount”).