Examples of Preferred Stock Amount in a sentence
Buyer shall purchase all shares of Preferred Stock owned by the Sellers as of the Closing Date for an amount per share equal to the sum of (i) $100 plus (ii) all accrued but unpaid dividends through the Closing Date (the aggregate purchase price for the Preferred Stock being the "Aggregate Preferred Stock Amount").
At least three business days prior to the Closing Date, the chief financial officer of the Company shall certify in writing to Buyer the amount of the Aggregate Preferred Stock Amount provided for in Section 2.2.1 as of the Closing Date.
The Buyer has sufficient funds available to deliver the Initial Purchase Price, the Aggregate Preferred Stock Amount and the Settlement Amounts and to consummate the transactions contemplated by this Agreement.
Not later than three days before the -------------------------- Closing, a Redeeming Stockholders' Representative, subject to CHS' reasonable approval, shall provide CHS with a good faith estimate of the Net Working Capital Amount (the "Estimated Net Working Capital Amount"), the Indebtedness ------------------------------------ Payment, the Kilovac Payment, the Debt, the Management Bonus Payment, and the Preferred Stock Amount.
If the Buyer Preferred Stock Amount exceeds the Estimated Preferred Stock Amount, Buyer will cause to be issued to Seller on the books of Buyer the number of shares of Buyer Preferred Stock equal to the amount of such excess divided by the Preferred Stock Purchase Price.
If the Estimated Buyer Preferred Stock Amount exceeds the Buyer Preferred Stock Amount, Buyer will cause the number of shares of Buyer Preferred Stock equal to the excess divided by the Preferred Stock Purchase Price to be cancelled on the books of Buyer.
Model Table 6: Inference speed on the Persona-Chat test set.Param.
January 3, 2002 Proposed Investment Terms Security: Convertible Preferred Stock Amount: $2,000,000 Term: Six Years from date of funding Dividend: 10% Annual Dividend - payable annually (in cash or in kind at option of company) Warrants: Warrants for 1,851,852 shares of AM common stock exercisable at $0.27 per share Conversion: Convertible into 7,407,407 shares of AM Common at $0.27 per share at the option of the holder Funding to occur: $1MM immediately and $1MM on or before April 1, 2002.
The amounts withheld with respect to shares of Company Preferred Stock shall be comprised of cash and Parent Shares, with the amount so withheld to be in the same mix as the amounts payable with respect to the Per Share Preferred Cash Amount and Per Share Preferred Stock Amount (with the Parent Shares valued at the Parent Share Price).
The Directors are aware of their obligation and will continue to attend suitable training to equip and enhance themselves with the knowledge to facilitate themselves in discharging their duties and responsibilities diligently with integrity.