Preferred Buyer definition
Examples of Preferred Buyer in a sentence
Each Preferred Buyer shall pay $25.00 for each Preferred Share to be purchased by such Preferred Buyer at the Closing.
From time to time after the date hereof, SENTE will execute, deliver and record or cause to be executed, delivered and recorded such other instruments of conveyance, assignment, transfer and delivery and will take such other actions as GSO Preferred Buyer may reasonably request in order to more effectively transfer, convey, assign, delegate and deliver, as applicable, to GSO Preferred Buyer the Transferred Assets.
Buyer agrees that, notwithstanding the rights of conversions set forth in the Certificate of Designation of the Series B Preferred, Buyer shall not be entitled to convert the Shares at any time when Buyer is the holder of any other instrument convertible into Common Stock of the Company.
GSO Preferred Buyer hereby makes those representations and warranties to BNP Paribas, the Borrower and the Collateral Manager, and agrees to those certain covenants, agreements and acknowledgments set forth in the Credit Agreement as if GSO Preferred Buyer were the “Preferred Investor” set forth therein.
SENTE hereby sells, assigns and transfers to GSO Preferred Buyer all right, title and interest to (i) U.S.$[ ] Preference Shares, issued by the Borrower pursuant to the Subscription Agreement and (ii) the rights and obligations of SENTE in and to the Subscription Agreement and the Credit Agreement (the interests and documents set forth in clauses (i) and (ii), collectively, the “Transferred Assets”), for a purchase price of U.S.$[ ].
Such Preferred Buyer or Subdebt Buyer is a resident of that jurisdiction set forth opposite such Preferred Buyer’s name in column (2) on the Schedule of Preferred Buyers or such Subdebt Buyer’s name in column (2) on the Schedule of Subdebt Buyers, as applicable.
In such event, the Licensors and Licensee shall attempt in good faith to reschedule the appearance date.
GSO Preferred Buyer hereby makes, as of the date hereof, those representations and warranties to SENTE set forth in Section 3 of the Purchase Agreement.
Hill▇▇▇ Title: Partner SCHEDULE OF BUYERS Stated Value of Preferred Buyer Address Shares Purchased ----- ------- ---------------- BOSTON VENTURES LP VI One Fede▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ $35,000,000.00 Bost▇▇, ▇▇ ▇▇▇▇▇ Tel: (617) ▇▇▇-▇▇▇▇ Fax: (617) ▇▇▇-▇▇▇▇ Attn: Mr. ▇▇▇▇▇▇▇ ▇▇▇▇▇ NORTEL NETWORKS INC.
As of June 30, 1999, there were 7,254,053 shares of Buyer Common Stock, 9,000 shares of Buyer Series C Preferred and 50,000 shares of Buyer Series D Preferred issued and outstanding, all of which issued and outstanding shares are validly issued, fully paid and nonassessable, and (ii) no shares of currently issued Common Stock of Buyer, Buyer Series A Preferred, Buyer Series B Preferred, Buyer Series C Preferred and Buyer Series D Preferred were held in the treasury of Buyer.