Common use of Series A Preferred Stock Clause in Contracts

Series A Preferred Stock. Each share of Series A Preferred Stock of the Company ("SERIES A PREFERRED") issued and outstanding immediately prior to the Effective Time (other than any shares of Series A Preferred to be canceled pursuant to Section 1.6(h) and any Dissenting Shares (as defined and to the extent provided in Section 1.7(a))) will be canceled and

Appears in 1 contract

Samples: Voting Agreement (Niku Corp)

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Series A Preferred Stock. Each At the Effective Time, each outstanding share of Series A Preferred Stock shall be cancelled and extinguished, and automatically converted into the right to receive upon surrender of the Company ("SERIES A PREFERRED") issued and outstanding immediately prior Certificate representing such share a portion of the Merger Consideration equal to the Effective Time (other than any shares of Series A Preferred to be canceled pursuant to Section 1.6(h) and any Dissenting Shares (as defined and to the extent provided in Section 1.7(a))) will be canceled andPer Share Amount.

Appears in 1 contract

Samples: Agreement and Plan of Merger (KIT Digital, Inc.)

Series A Preferred Stock. Each share of Series A Preferred Stock of the Company ("SERIES A PREFERRED") issued and outstanding immediately prior to the Effective Time (other than any Dissenters’ Shares and shares of Series A Preferred to be canceled pursuant to Section 1.6(h) and any Dissenting Shares (as defined and to the extent provided in Section 1.7(a)2.1(b)) will shall be converted into and become the right to receive, without interest, the Per Series A Payment. All such Series A Preferred Stock, when so converted, shall no longer be outstanding and shall automatically be canceled andand retired.

Appears in 1 contract

Samples: Agreement of Merger (Allscripts Healthcare Solutions Inc)

Series A Preferred Stock. Each share of Series A Preferred Stock of the Company ("SERIES A PREFERRED") issued and outstanding immediately prior to the Effective Time (other than any Dissenters’ Shares and shares of Series A Preferred to be canceled pursuant to Section 1.6(h) and any Dissenting Shares (as defined and to the extent provided in Section 1.7(a)2.1(b)) will shall be converted into and become the right to receive, without interest, the Per Common Consideration multiplied by 31.25 (the “Per Series A Consideration”) (31.25 being the number of shares of Class A Common Stock into which each share of Series A Preferred Stock is convertible). All such Series A Preferred Stock, when so converted, shall no longer be outstanding and shall automatically be canceled andand retired.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Allscripts Healthcare Solutions Inc)

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Series A Preferred Stock. Each share of Series A Preferred Stock of the Company ("SERIES A PREFERRED") issued and outstanding immediately prior to the Effective Time shall be converted into the right to receive the payments set forth on the Allocation Schedule to be paid to holders of Series A Preferred Stock (other than any the “Series A Merger Consideration”). At the Effective Time, all such shares of Series A Preferred Stock and any and all rights related thereto shall cease to be canceled pursuant outstanding, shall be cancelled and shall cease to Section 1.6(h) exist, and any Dissenting Shares (as defined and each such share of Series A Preferred Stock shall thereafter represent only the right to receive the extent provided Series A Merger Consideration in Section 1.7(a))) will be canceled andaccordance with this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Supernus Pharmaceuticals Inc)

Series A Preferred Stock. Each share of Series A Preferred Stock of the Company ("SERIES A PREFERRED") issued and outstanding immediately prior to the Effective Time (other than any shares of Company Preferred Stock to be canceled in accordance with Section 1.14 or Dissenting Shares) shall be automatically converted into the right to receive a number of shares of Purchaser Common Stock equal to: (i) the Per Series A Preferred to be canceled pursuant to Section 1.6(hShare Consideration divided by (ii) and any Dissenting Shares (as defined and to the extent provided in Section 1.7(a))) will be canceled andRedemption Price.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lakeshore Acquisition I Corp.)

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