Examples of Xxxxx Preferred Shares in a sentence
There are no outstanding agreements or other obligations of Xxxxx or any of its Subsidiaries requiring the registration for sale of any Xxxxx Common Shares, Xxxxx Preferred Shares or other equity interests in Xxxxx or any of its Subsidiaries.
Each certificate for Shares (other than Xxxxx Preferred Shares) shall bear substantially the following legend: "The securities represented by this certificate are subject to restrictions on ownership and transfer for purposes of the Trust's maintenance of its status as a real estate investment trust under the Internal Revenue Code of 1986, as amended.
As of the close of business on March 17, 2014 (the “Capitalization Date”) 34,495,750 Xxxxx Class A Shares were issued and outstanding, 20,901,726 Xxxxx Class B Shares were issued and outstanding, 2 Xxxxx Class C Shares were issued and outstanding and no Xxxxx Preferred Shares were issued or outstanding.
Transferability; Transfer Restrictions and Ownership Limitations of the Xxxxx Preferred Shares.
Each certificate for Xxxxx Preferred Shares shall bear substantially the following legend: "The shares represented by this certificate are subject to restrictions on transfer and ownership for the purpose of the Trust's maintenance of its status as a Real Estate Investment Trust under the Internal Revenue Code of 1986, as amended.
From the close of business on the Capitalization Date through the date hereof, there have been no issuances of Xxxxx Common Shares or Xxxxx Preferred Shares other than (i) issuances of Xxxxx Class A Shares or Xxxxx Class C Shares upon the conversion of Xxxxx Class B Shares or issuances of Xxxxx Class A Shares upon the conversion of Xxxxx Class C Shares, or (ii) issuances of Xxxxx Class A Shares pursuant to the exercise or settlement of Xxxxx Equity Grants outstanding as of the Capitalization Date.
Xxxxx has made available or provided Parent with true and complete copies of all agreements and instruments executed by it in connection with the issuance and sale of the X.X. Xxxxx Common Shares and the X.X. Xxxxx Preferred Shares.
If the contract or lease is rejected, any resulting rejection damages are treated as prepetition unsecured claims.
Additionally, no shares of Xxxxx Preferred Shares are issued and outstanding or reserved for issuance and no Xxxxx Shares are held in treasury by Xxxxx.
Except with respect to the Xxxxx Preferred Shares to be transferred to the Founders, as to which no representation or warranty is made, such Buyer is acquiring such shares of capital stock of the Company as provided in this Agreement solely for investment, with no present intention to resell such shares in violation of applicable securities laws.