Examples of Class A Redemption Price in a sentence
After such reversion such bank or trust company shall, upon demand, pay over to the Corporation such unclaimed amounts and thereupon such bank or trust company shall be relieved of all responsibility in respect thereof to such holder and such holder shall look only to the Corporation for the payment of the Class A Redemption Price.
Upon payment of the Class A Redemption Price by the Corporation with respect to shares of Class A Preferred Stock being redeemed pursuant to this Section 8.5, such shares of Class A Preferred Stock shall no longer be deemed to be outstanding, shall be canceled and shall not be subject to reissuance by the Corporation.
Each share of Class A Stock, par value $1.00 per share ("Class A Stock"), owned by a Seller and all rights existing with respect thereto, shall be exchanged for that number of shares of IHS Stock as shall be equal in value to 51% of the Class A Redemption Price, and an amount of cash equal to 49% of the Class A Redemption Price.
On the Class A Redemption Date, the Corporation shall pay by cash or check to the order of the person whose name appears on the certificate or certificates of the Class A Preferred that (i) shall not have been converted pursuant to Section 4 hereof and (ii) shall have been -7- 8 surrendered to the Corporation in the manner and at the place designated, the Class A Redemption Price, and thereupon each surrendered certificate shall be cancelled.
The Class A Special Shares to be redeemed on any Redemption Date pursuant to paragraphs 5(a) or 5(b) above shall be redeemed by paying for each share in cash an amount equal to $0.375 plus all accrued but unpaid dividends thereon up to and including the date the redemption price is received by the holder (the "Class A Redemption Price").