Examples of Series A Convertible Preferred in a sentence
If any shares of Preferred Stock shall be converted, redeemed or reacquired by the Corporation, such shares shall resume the status of authorized but unissued shares of preferred stock and shall no longer be designated as Series A Convertible Preferred Stock.
No fractional shares of Common Stock or scrip shall be issued upon conversion of shares of Series A Convertible Preferred Stock.
No fractional shares of Common Stock shall be issued upon conversion of the Series A Convertible Preferred Stock.
The total number of shares of the capital stock which the Corporation has authority to issue is one hundred million (100,000,000) shares, divided into fifty million (50,000,000) shares of common stock with no par value per share (the "Common Stock"), and fifty million (50,000,000) shares of Series A Convertible Preferred Stock with a par value of $100 per share (hereinafter sometimes referred to as the "Series A Convertible Preferred Stock" or the "Preferred Stock").
GAAP EPS is determined using the most dilutive measure, either including the impact of dividends or deemed dividends on the Company's Series A Convertible Preferred Stock in the calculation of net income or loss available to common stockholders or including the impact of the conversion of the Series A Convertible Preferred Stock into common stock in the calculation of the weighted average diluted shares outstanding.
The class of shares of Preferred Stock hereby classified shall be designated the "Series A Convertible Preferred Stock." The initial number of authorized shares of the Preferred Stock shall be fifty million (50,000,000).
Non-GAAP diluted EPS is determined using the conversion of the Series A Convertible Preferred Stock into common stock in the calculation of weighted average diluted shares outstanding.
For purposes hereof, the Common Stock shall rank on liquidation junior to the Series A Convertible Preferred Stock.
The class of shares of Preferred Stock hereby classified shall be designated the "Series A Convertible Preferred Stock." The initial number of authorized shares of the Preferred Stock shall be ten million (10,000,000).
If more than one share of Series A Convertible Preferred Stock shall be surrendered for conversion at any one time by the same holder, the number of full shares of Common Stock issuable upon conversion thereof shall be computed on the basis of the aggregate number of shares of Series A Convertible Preferred Stock so surrendered.