Examples of Preferred Stock Exchange in a sentence
Upon delivery of a Preferred Stock Certificate Request Notice, the Corporation shall promptly effect the Preferred Stock Exchange and shall promptly issue and deliver to the beneficial owner a physical Preferred Stock Certificate for such number of shares of Preferred Stock represented by its interest in such global certificates in the name of the beneficial owner.
In connection with a Preferred Stock Exchange, the Corporation agrees to deliver the Preferred Stock Certificate to the Holder within two (2) Business Days of the delivery of a properly completed and executed Preferred Stock Certificate Request Notice pursuant to the delivery instructions in the Preferred Stock Certificate Request Notice.
In connection with a Preferred Stock Exchange, the Corporation agrees to deliver the Preferred Stock Certificate to the Holder within three (3) Business Days of the delivery of a properly completed and executed Preferred Stock Certificate Request Notice pursuant to the delivery instructions in the Preferred Stock Certificate Request Notice.
Pursuant to the Exchange Agreement, the stockholders of Principal Solar Texas exchanged all 10,430,734 shares of that company’s outstanding common stock for 10,430,734 newly issued shares of the Company, constituting approximately 82% of the Company’s post-exchange outstanding shares, when factoring in the Preferred Stock Exchange.
Pursuant to the Exchange Agreement, the stockholders of Principal Solar Texas exchanged all 10,430,734 shares of that company’s outstanding common stock for 10,430,734 newly issued shares of the Company, constituting approximately 82% of the Company’s post-exchange outstanding shares, when factoring in the Preferred Stock Exchange (defined below).
In accordance with the Series B Preferred Stock Exchange Agreement, prior to the Recapitalization, SEACOR will transfer a portion of our Series B preferred stock that it holds to us in partial satisfaction for the benefit that SEACOR (and other SEACOR U.S. federal consolidated group members) received by applying U.S. federal net operating tax losses generated by us in 2012 against SEACOR group taxable income, currently estimated at approximately $50.0 million.
We will enter into the Series B Preferred Stock Exchange Agreement with SEACOR prior to the Series B Exchange.
Plaintiff, by his assertions that defendant has not complied with federal law requiring it to provide visitation, appears to be referring to the Adoption Assistance Act.
Pursuant to the Preferred Stock Exchange Agreement, the Company has amended its Plan to provide for a new mandatory conversion date and certain additional terms and conditions with respect to the Series E Preferred Stock.
Prior to or at the Closing, holders of the Company’s Series B Convertible Preferred Stock, as more fully set forth in Schedule 4.2(t), shall have exchanged such shares of Series B Convertible Preferred Stock for Preferred Shares, pursuant to the terms and conditions set forth in the Series B Convertible Preferred Stock Exchange Agreement, a form of which is attached hereto as Exhibit I.