Examples of Company Series C Preferred Stock in a sentence
As of November 11, 1996, 34,826,668 shares of Company Common Stock, 53,631 shares of Company Series B Preferred Stock and 772,800 shares of Company Series C Preferred Stock were validly issued and outstanding, fully paid and nonassessable, and 190,490 shares of Company Common Stock were held in treasury and there have been no material changes in such numbers of shares through the date hereof.
The Company shall have distributed the shares of capital stock it holds in C Sixty to the sole holder of shares of Company Series C Preferred Stock and Company Series D Preferred Stock and the Company shall have delivered to Parent written documentation evidencing the same.
The authorized capital stock of the Company consists of 75,000,000 shares of Company Common Stock, 1,000,000 shares of Company Series B Preferred Stock, and 772,800 shares of Company Series C Preferred Stock.
At the Effective Time, the stock transfer books of the Company shall be closed, and there shall be no further registration of transfers on the stock transfer books of the Company of the shares of Company Common Stock, Company Series B Preferred Stock and Company Series C Preferred Stock that were outstanding immediately prior to the Effective Time.
As a result of the Closing, and without further action by Parent, Company or any other party, including, without limitation, the holders of Company Series C Preferred Stock, all of the Company’s rights and obligations under each of the Series C Transaction Documents shall be assigned and assumed by Parent, and all references therein to Company or Company Capital Stock shall be deemed to be references to Parent or Parent Capital Stock, as applicable.