Stated Value. The Company acknowledges and confirms to the Purchasers that the Stated Value Per Share as of September 30, 2002 is $3.797591784, and, accordingly, the Purchased Shares are currently convertible by their terms into an aggregate of 2,000,000.63 shares of the Company's common stock. The dividends payable on the Preferred Stock on each of June 30, 2002 and September 30, 2002 were paid in cash.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Fidelity National Financial Inc /De/), Securities Purchase Agreement (Lendingtree Inc)