Examples of CCI Preferred Stock in a sentence
Except as required by applicable law, such Greenspun Shareholder has no contract, undertaking, agreement or arrangement, written or oral, with any other person to sell, transfer or grant participation in any shares of CCI Class A Common Stock or CCI Preferred Stock to be acquired by such Greenspun Shareholder in the Merger.
The holders of shares of CCI Common Stock and CCI Preferred Stock are not entitled under applicable law to statutory appraisal rights as a result of the Merger or REIT Conversion.
No fractional shares of CCI Class A Common Stock or CCI Preferred Stock and no scrip or certificates therefor will be issued in connection with the deliveries contemplated by this Agreement.
Each Greenspun Shareholder can bear the economic risk of an investment in the shares of CCI Class A Common Stock and CCI Preferred Stock and can afford a complete loss of such investment.
CCI’s obligations with respect to any dividends or other distributions to the holders of CCI Common Stock or CCI Preferred Stock that have been declared by CCI but not paid prior to the Effective Time will be assumed by the Surviving Corporation in accordance with the terms thereof (excluding, for the avoidance of doubt, any dividends or other distributions that may be deemed to have accrued, but have not been declared, on CCI Preferred Stock prior to the Effective Time).
Any PSD Shareholder otherwise entitled to a fractional share of CCI Class A Common Stock or CCI Preferred Stock as a result of Section 2.3 above, shall receive in place of any such fractional interest a cash amount equal to such fractional interest based on the Average Closing Price.
The shares of CCI Class A Common Stock and CCI Preferred Stock to be issued pursuant to Article Two will, when issued, be duly authorized, validly issued, fully paid and nonassessable, free and clear of all Liens; provided, however, that such shares of CCI Class A Common Stock and CCI Preferred Stock shall be subject to Permitted Stock Restrictions.