Issuance of Preferred Shares Sample Clauses

Issuance of Preferred Shares. The Issuer shall have delivered to the Trustee evidence that the Preferred Shares have been, or contemporaneously with the issuance of the Notes will be, (i) issued by the Issuer and (ii) acquired in their entirety by ARMS Equity.
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Issuance of Preferred Shares. The parties acknowledge that certain Funds intend to issue series of preferred shares to be designated as MuniFund Term Preferred (“MTP”) Shares, Variable Rate MuniFund Term Preferred (“VMTP’’) Shares, Variable Rate Term Preferred (“VRTP”) Shares, Term Preferred Shares (“TPS”), or Adjustable Rate MuniFund Term Preferred Share (“AMTP” and collectively with MTP, VMTP, VRTP, and TPS, the “Preferred Shares”), pursuant to a Statement Establishing and Fixing the Rights and Preferences of the applicable Shares (each, a “Statement”), a copy of which shall be provided to Transfer Agent by the Fund. In connection with such Statement, Transfer Agent has agreed to perform the obligations of Redemption and Paying Agent as described in such Statement and provide the Services solely as set forth herein in Sections 3 and 4, as applicable. MTP, VMTP. VRPT, TPS, and AMTP Funds (per Fund)** $xxxxx Monthly Administrative Fee $xxxxx Monthly Fee per Additional Series of Shares $xxxxx Per Cusip - Full Redemption $xxxxx Per Cusip - Partial Redemption ** If at any time Shares of any Fund are not held by The Depository Trust Company (“DTC”) as the sole registered Shareholder in book-entry form through the Direct Registration System (“DRS”), Transfer Agent shall have the right to propose an amendment to the foregoing fees to reflect the additional costs related to providing the Services contemplated hereby with respect to additional registered holders of such Shares or shall have the right to terminate its Services hereunder with respect to such Shares of such Fund only, upon 90 days’ prior written notice. In addition, if such amendment is not acceptable to such Fund, it may terminate Transfer Agent’s services with respect to such Shares of such Fund only, on 90 days’ prior written notice.
Issuance of Preferred Shares. Upon the following terms and conditions, the Company shall issue to the Holder, and the Holder shall acquire from the Company, the Preferred Shares dated and issued as of the date of this Agreement in the aggregate amount of the Preferred Shares set forth in this Agreement in exchange for the surrender and cancellation of the Debenture. The Company hereby agrees to issue Holder the Preferred Shares within one (1) business day of this Agreement. Exchange Agreement Helix Wind Corp. Xxxxx Xxxx Eight Pages Xxxxx Xxxx: 92,973 Preferred Shares
Issuance of Preferred Shares. Upon the following terms and conditions, the Company shall issue and sell to each Investor severally, and each Investor severally shall purchase from the Company, the number of Preferred Shares indicated next to such Investor's name on Schedule I attached hereto.
Issuance of Preferred Shares. The Preferred Shares are duly authorized and, upon issuance in accordance with the terms hereof and thereof, shall be validly issued, fully paid and non-assessable, and free from all taxes, liens and charges with respect to the issue thereof.
Issuance of Preferred Shares. The Company shall have duly issued and delivered to each Purchaser purchasing Preferred Shares at a Subsequent Closing the certificate for the number of Preferred Shares being purchased by such Purchaser at such Closing.
Issuance of Preferred Shares. At Closing, HII shall issue to BI 243,331 shares of $1.00 par value preferred stock of HII (the "Preferred Shares"). The Preferred Shares shall be from a new class of stock to be authorized for HII. The Preferred Shares shall be nonvoting, nonconvertible, noncumulative dividend, with dividends of 10% ($24,331) beginning October 1, 1996 to be paid on or before October 15 each year as long as Preferred Shares are not redeemed. HII shall have the right, but not the obligation, to redeem the Preferred Shares at any time at par value. The preferred Shares will not be registered under the federal securities laws or laws of any state. BI represents to HII that it is acquiring the Preferred Shares for its own account and not with a view to the distribution thereof or with any present intention of reselling the Preferred Shares.
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Issuance of Preferred Shares. Without prejudice to the special rights conferred on the holders of shares or debentures of the Company, the Company may issue shares having preferred or deferred rights, or may issue redeemable preference shares and may redeem same on such conditions and in such manner as the Company shall decide, subject to the provisions of any applicable law, from time to time, or may issue shares having special rights in regard to the distribution of dividends, voting rights, rights on winding-up or in connection with any other matters, as the Company may from time to time decide.
Issuance of Preferred Shares. The issuance of the Preferred Shares has been duly authorized and, when paid for or issued in accordance with the terms hereof, the Preferred Shares shall be validly issued, fully paid and non-assessable, free and clear of any liens, claims or encumbrances, and entitled to the rights and preferences set forth in the Charter attached hereto. The Common Shares issuable upon exchange of the Preferred Shares pursuant to the Exchange Agreement will be duly authorized and reserved for issuance and, upon exchange in accordance with the Exchange Agreement, will be validly issued, fully paid and non-assessable, free and clear of all liens, claims and encumbrances, and the holders shall be entitled to all rights and preferences accorded to a holder of Common Shares.
Issuance of Preferred Shares. The Preferred Shares are and all common stock issued in accordance with the terms of the Warrant will be, duly authorized and, when issued and paid for in accordance with the terms hereof, shall be validly issued, fully paid and nonassessable, free and clear of all liens, claims, encumbrances or restrictions of any kind.
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