Common use of Preferred Share Provisions Clause in Contracts

Preferred Share Provisions. Each one one-thousandth of a Preferred Share, if issued:  will not be redeemable.  will entitle the holder to quarterly dividend payments equal to the dividend paid on one share of common stock.  will entitle the holder upon liquidation to receive either $1.00 or an amount equal to the payment made on one share of common stock, whichever is greater.  will have the same voting power as one share of common stock.  if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle the holder to a payment equal to the payment made on one share of common stock. The value of one one-thousandth interest in a Preferred Share should approximate the value of one share of common stock.

Appears in 2 contracts

Samples: Rights Agreement (Terran Orbital Corp), Rights Agreement (Terran Orbital Corp)

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Preferred Share Provisions. Each one one-thousandth of a Preferred Share, if issued: will not be redeemable. will entitle the holder to quarterly dividend payments equal to the dividend paid on one share of common stock. will entitle the holder upon liquidation to receive either $US$1.00 or an amount equal to the payment made on one share of common stock, whichever is greater. will have the same voting power as one share of common stock. if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle the holder to a payment equal to the payment made on one share of common stock. The value of one one-thousandth interest in a Preferred Share should approximate the value of one share of common stock.

Appears in 2 contracts

Samples: Rights Agreement (Eagle Bulk Shipping Inc.), Rights Agreement (Eagle Bulk Shipping Inc.)

Preferred Share Provisions. Each one one-thousandth of a Preferred Share, if issued: will not be redeemable. will entitle the holder holders to quarterly dividend payments of an amount equal to the dividend paid on one share of common stock. will entitle the holder holders upon liquidation either to receive either $1.00 0.0001 or an amount equal to the payment made on one share of common stock, whichever is greater. will have the same voting power as one share of common stock. if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle the holder holders to a per share payment equal to the payment made on one share of common stock. The value of one one-thousandth interest in a Preferred Share should approximate the value of one share of common stock.

Appears in 1 contract

Samples: Rights Agreement (Global Eagle Entertainment Inc.)

Preferred Share Provisions. Each one one-thousandth tenth of a Preferred Share, if issued: will not be redeemable. will entitle the holder holders to quarterly dividend payments equal to the dividend paid on one share of common stock. will entitle the holder holders upon liquidation either to receive either $1.00 1 per one tenth of a share or an amount equal to the payment made on one share of common stock, whichever is greater. will have the same voting power as one share of common stock. if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle the holder holders to a per share payment equal to the payment made on one share of common stock. The value of one one-thousandth tenth interest in a Preferred Share should approximate the value of one share of common stock.

Appears in 1 contract

Samples: Preferred Shares Rights Agreement (Red Lion Hotels CORP)

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Preferred Share Provisions. Each one one-thousandth of a Preferred Sharepreferred share, if issued: will not be redeemable.  , will entitle the holder thereof to quarterly dividend payments equal to the dividend greater of $0.001 per share and the amount of dividends paid on one share of Company common stock.  , will entitle the holder upon liquidation thereof to receive either $1.00 or an amount equal to the payment made on one share of common stockupon liquidation, whichever is greater.  will have the same voting power as one share of Company common stock.  stock and, if shares of our Company common stock are exchanged via merger, consolidation, consolidation or a similar transaction, will entitle the holder thereof to a per share payment equal to the payment made on one share of common stock. The value of one one-thousandth interest in a Preferred Share should approximate the value of one share of Company common stock.

Appears in 1 contract

Samples: Rights Agreement (Inspired Entertainment, Inc.)

Preferred Share Provisions. Each one one-thousandth of a Preferred Share, if issued: will not be redeemable. will entitle the holder to quarterly dividend payments equal to the dividend paid on one share of common stock. will entitle the holder upon liquidation to receive either $1.00 or an amount equal to the payment made on one share of common stock, whichever is greater. will have the same voting power as one share of common stock. if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle the holder to a payment equal to the payment made on one share of common stock. The value of one one-thousandth interest in a Preferred Share should approximate the value of one share of common stock.

Appears in 1 contract

Samples: Rights Agreement (Tandy Leather Factory Inc)

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