Examples of Series F MRP Shares in a sentence
To the extent permitted by applicable law, the Board of Directors may interpret, modify or adjust the provisions of these terms of the Series F MRP Shares to resolve any inconsistency or ambiguity or to remedy any defect.
If no Series F MRP Shares are Outstanding, all rights and preferences of such shares established and designated hereunder shall cease and terminate, and all obligations of the Company under these terms of the Series F MRP Shares, shall terminate as the Series F MRP Shares.
All notices and communications provided for hereunder shall be in accordance with these terms of the Series F MRP Shares or, as applicable, by the MGCL for notices of stockholders’ meetings.
Subject to the provisions of these terms of the Series F MRP Shares, the Board of Directors may, by resolution duly adopted, without stockholder approval (except as otherwise provided by these terms of the Series F MRP Shares or required by applicable law), modify these terms of the Series F MRP Shares to reflect any modification hereto which the Board of Directors is entitled to adopt pursuant to the terms of Section 5(i) hereof or otherwise without stockholder approval.
For so long as any Series F MRP Shares are Outstanding and Fitch or any Other Rating Agency which so requires is then rating such shares, the Company shall deliver to each Rating Agency which is then rating Series F MRP Shares and any other party specified in the Rating Agency Guidelines all certificates that are set forth in the respective Rating Agency Guidelines at such times and containing such information as set forth in the respective Rating Agency Guidelines.
If the Rating Agency Guidelines require the Company to receive a prior written confirmation that certain actions would not impair the rating then assigned by the Rating Agency to the Series F MRP Shares, then the Company will not engage in such actions unless it has received written confirmation from each such Rating Agency that such actions would not impair the rating then assigned by such Rating Agency.
SECOND: The Series F MRP Shares have been classified and designated by the Board of Directors under the authority contained in the Charter.
The Series E MRP Shares and the Series F MRP Shares shall have been given a rating of not less than AA by Fitch on or prior to the date of issuance thereof.
The Series F MRP Shares, the Series G MRP Shares and the Series H MRP Shares shall have been given a rating of not less than “A” by Xxxxx prior to the date of issuance thereof and evidence of such will have been provided to the Purchasers.
Each such new certificate representing Series E MRP Shares and Series F MRP Shares shall be payable to such Person as such holder may request and shall be substantially in the form of Exhibit 2(a) or Exhibit 2(b), respectively.