Acquiror Series A Preferred Stock definition

Acquiror Series A Preferred Stock means the series of Acquiror Preferred Stock, par value $0.0001 per share, to be created on the Closing Date and designated pursuant to the Certificate of Designations.

Acquiror Series A Preferred Stock is defined in Section 1.05.

Acquiror Series A Preferred Stock means the 8.00% Series A Mandatory Convertible Preferred Stock of Acquiror, par value U.S.$0.01 per share.

Examples of Acquiror Series A Preferred Stock in a sentence

• The shares of Acquiror Series A Preferred Stock to be issued in the Merger shall have been approved for listing on the Nasdaq National Market.

• The Restated Charter shall contain the rights, preferences, privileges and restrictions of the Acquiror Non-Voting Common Stock, the Acquiror Series A Preferred Stock and the Acquiror Series A Non-Voting Preferred Stock.

• Each of Acquiror and the Company will use all reasonable efforts to have or cause the Registration Statement to become effective as promptly as practicable, and shall take any action required to be taken under any applicable federal or state securities Laws in connection with the issuance of shares of Acquiror Series A Preferred Stock and the Discrepancy Notes in the Merger.

• The shares of Acquiror Common Stock issuable to the Stockholders as contemplated by this Agreement (including shares of Acquiror Common Stock issuable upon conversion of Acquiror Series A Preferred Stock issuable to the Stockholders as contemplated by this Agreement), shall have been approved for listing on the NYSE, subject to official notice of issuance.

• Each Acquiree Shareholder, other than the Acquiree Principal Shareholders, acknowledges that each recipient of a share of newly designated Acquiror Series A Preferred Stock shall entitle the holder thereof to 35% of the voting power of the Acquiror’s capital stock and, as a result, the Acquiree Principal Shareholders, voting together, shall control the Acquiror’s voting power.

• The shares of Acquiror Common Stock and Acquiror Series A Preferred Stock held in such Escrow Agreements referenced in Section 2.04 shall be deemed to secure Acquiror and Acquiror Sub's rights to indemnification hereunder and shall be Acquiror's and Acquiror Sub's sole recourse for any claims for indemnification under Section 9.02 hereof.

• An aggregate of two fully paid and nonassessable shares of newly designated Acquiror Series A Preferred Stock (the “Acquiror Preferred Shares” and, together with the Acquiror Common Shares, the “Acquiror Shares”) shall be issued at a price per share of $1.00 to each of the Acquiree Principal Shareholders.

• As of the date of this Agreement, 4,602,780 shares of Acquiror Common Stock (excluding treasury shares) are issued and outstanding, 0 shares of Acquiror Series A Preferred Stock (excluding treasury shares) are issued and outstanding, 0 shares of Acquiror Series B Preferred Stock (excluding treasury shares) are issued and outstanding, and one (1) Acquiror Special Voting Share is issued and outstanding.

• For clarity, this Section 1.03 shall not apply to the issuance of Acquiror Series A Preferred Stock pursuant to the First Merger or the exchange of the Company Class C Units for Company Series A Preferred Units.

• All shares of Acquiror Common Stock and/or Acquiror Series A Preferred Stock, as applicable, issued upon conversion of shares of Company Common Stock and Company Preferred Stock in accordance with the terms of this Agreement shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares of Company Common Stock and Company Preferred Stock and to have been issued and outstanding as of the Effective Time.

More Definitions of Acquiror Series A Preferred Stock

Acquiror Series A Preferred Stock has the meaning set forth in Section 3.05(a).

Acquiror Series A Preferred Stock means the Series A Voting Preferred Stock, par value $0.000001 per share, of the Acquiror with such rights, privileges and preferences as are set forth in the Certificate of Designation (together with any securities into which such shares may be reclassified, whether by merger, charter amendment or otherwise).