Series DD Preferred Stock definition
Examples of Series DD Preferred Stock in a sentence
Any amendment or waiver effected in accordance with this Section 9.1 shall be binding upon each holder of any Recapitalization Common Shares, Series AA Investors Common Shares, Series AA Preferred Stock, Series BB Preferred Stock, Series CC Preferred Stock, Series DD Preferred Stock, Conversion Stock or other Registrable Securities at the time outstanding, each future holder of all such securities and the Company.
Such representation and warranty shall survive the deposit of the Series DD Preferred Stock and the issuance of Receipts.
The rights granted under this Section 4 may be assigned by an Investor to any transferee of such Investor’s shares of Series AA Preferred Stock, Series BB Preferred Stock, Series CC Preferred Stock, Series DD Preferred Stock, Series AA Investors Common Shares, Conversion Stock, or Common Stock issued upon conversion of Prior Preferred.
Shares of Series DD Preferred Stock are not subject to the operation of a sinking fund.
For the avoidance of doubt, the Board of Directors or any duly authorized committee thereof may, without the vote of the Holders, authorize and issue additional shares of Junior Stock or shares of any class or series of stock of the Company now existing or hereafter authorized that ranks equally with the Series DD Preferred Stock in the payment of dividends or in the distribution of assets on any voluntary or involuntary liquidation, dissolution or winding up of the Company.
There are some situations, unusual in my practice, in which I am legally obligated to take actions, which I believe are necessary to attempt to protect others from harm and I may have to reveal some information about a patient’s treatment.
Preferred Stock Directors may only be Series DD 10 elected by the holders of Series DD Preferred Stock and dividend parity stock in accordance with this Section 7.
If declared by the Board of Directors or any duly authorized committee of the Board of Directors, the Corporation shall pay dividends on the Series DD Preferred Stock quarterly in arrears, on March 1, June 1, September 1 and December 1 of each year, beginning on December 1, 2018 (each such day on which dividends are payable a “Dividend Payment Date”).
Additionally, the agreement with ETC includes an issuance of 896 shares of Series DD Preferred Stock of the Company.
As of the date of this Agreement, there were issued and outstanding 37,762,901 shares of Company Common Stock, of which 2,936,217 shares are subject to outstanding restricted stock agreements, 5,769,231 shares of Company Series AA Preferred Stock, 13,768,858 shares of Company Series BB Preferred Stock, 20,368,422 shares of Company Series CC Preferred Stock, 11,666,667 shares of Company Series DD Preferred Stock and 10,000,000 shares of Company Series EE Preferred Stock.