Examples of Holdco Preferred Stock in a sentence
Holdco will, at its expense, list on the NYSE (or such other principal exchange on which it lists its Common Stock) and maintain such listing of all shares of Holdco Common Stock and Conversion Shares issued to Holders in the Offer or issuable upon conversion of the Holdco Preferred Stock so long as any shares of Holdco Common Stock shall be so listed.
The shares of Holdco Common Stock issued upon conversion of Parent Common Stock and the shares of Holdco Preferred Stock issued upon conversion of Parent Preferred Stock, in each case in accordance with the terms of Article I and this Article II, shall be deemed to have been delivered or paid in full satisfaction of all rights pertaining to the shares of Parent Common Stock and Parent Preferred Stock, as applicable.
The shares of Holdco Common Stock and Holdco Preferred Stock to be issued as a result of the Merger and the shares of Holdco Stock constituting the Stock Consideration and the Earnout Shares have been duly authorized and, when issued pursuant to this Agreement, will be validly issued, fully paid and non-assessable and free of preemptive rights, and will be issued in compliance with all applicable U.S. federal and state securities Laws.
The Company shall cause Holdco to have a sufficient number of shares of the Holdco Preferred Stock (the terms and conditions of such Holdco Preferred Stock being set forth in the Holdco Charter) authorized and unissued to effectuate the terms and conditions of the exchange contemplated by the term sheet contained in the Financing Exhibits (as defined herein).
If the policy had been drafted by the insurer, without negotiation by the insured or a clear statement including cyber-attack in the war exclusionary provision, the court should adopt the interpretation of policyholders (i.e., that cyber-attacks are not covered) to signal to insurers that negotiation must either be complete or an express exclusionary clause delineated, so as to remove any chance of confusion.