Examples of Ordinary Common Stock in a sentence
Since January 6, 2004, shares of the Company’s Ordinary Common Stock, $0.01 par value per share (‘‘common stock’’) have traded on the NASDAQ Stock Market under the symbol ‘‘MGLN.’’ For further information regarding the Company’s common stock, see Note 6—‘‘Stockholders’ Equity’’ to the consolidated financial statements set forth elsewhere herein.
Except as expressly provided in this Certificate of Designation, shares of Ordinary Common Stock and Series C Preferred Stock shall have the same rights, powers, preferences and restrictions and rank equally, share ratably and be identical in all respect as to all matters.
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If the Corporation in any manner subdivides or combines the outstanding shares of any of the Ordinary Common Stock, Class B Common Stock or Series C Preferred Stock, then the outstanding shares of the Ordinary Common Stock, Class B Common Stock or Series C Preferred Stock, as applicable, will be subdivided or combined in the same manner.
The Corporation shall pay any and all taxes that may be payable in respect of the issue or delivery of shares of Ordinary Common Stock, Class B Common Stock or Series C Preferred Stock on conversion of Series B-1 12.75% Preferred Stock.
All covenants and other agreements contained in this Agreement by or on behalf of any of the parties hereto bind and inure to the benefit of their respective successors and assigns (including, without limitation, any subsequent holder of shares of MVS Securities or Ordinary Common Stock into which the shares of MVS Securities have been converted) whether so expressed or not.
The Ordinary Common Stock and the Multi-Vote Common Stock are hereinafter referred to collectively as "Common Stock." and no other class or series of capital stock of the Corporation shall be considered as "Common Stock" for purposes of the certificate of incorporation of the Corporation.
The Corporation shall require a legend on any certificate representing shares of Multi-Vote Common Stock indicating that the Transfer thereof may require conversion of such shares into shares of Ordinary Common Stock as provided by this paragraph.
The total number of shares of capital stock that the Corporation shall have the authority to issue is 150,000,000 shares, consisting of: (i) 100,000,000 shares of Ordinary Common Stock, par value $.01 per share (the "Ordinary Common Stock"), (ii) 40,000,000 shares of Multiple and Variable Vote Restricted Convertible Common Stock, par value $.01 per share (the "Multi-Vote Common Stock") and (iii) 10,000,000 shares of Preferred Stock, par value $.01 per share (the "Preferred Stock").
For the purpose of effectuating the conversion of shares of Multi-Vote Common Stock into shares of Ordinary Common Stock in accordance with the provisions of this paragraph, the provisions of paragraph (e) of this section shall apply.