Examples of Preferred Stock Payment in a sentence
At the Closing, Purchaser shall pay the Series A Preferred Stock Payment to the Sellers by paying each Seller $1,000 plus accrued but unpaid dividends in respect of each share of Series A Preferred Stock held by such Seller immediately prior to the Closing (with pro rata amounts payable in respect of fractional shares).
We hereby elect to exercise the put option with regard to Preferred Stock having a liquidation preference of an amount equal to the Preferred Stock Purchase Price, and hereby require you to pay the Preferred Stock Purchase Price on the Preferred Stock Payment Date which shall be [ ], to the following account: [ ] Yours faithfully, for and on behalf of ASSURED GUARANTY CORP.
Recommend Managers’ Internal Control Program start date during FiscalYear 2015 and will focus on program elements that the Bureau of Medicine andSurgery has control over.
For purposes of this Agreement, “Closing Payment” shall mean an aggregate amount of cash equal to (i) the Estimated Closing Purchase Price, (ii) minus the Indemnification Escrow Deposit, (iii) minus the Working Capital Escrow Deposit, (iv) minus the Closing Date Debt Amount, (v) minus the Preferred Stock Payment and (vi) minus the Option Payment.
Each such Stockholder that makes the deliveries to the Paying Agent required by this Agreement, the Letter of Transmittal and the Paying Agent Agreement prior to the Closing Date will be paid its Closing Common Stock Payment, Closing Preferred Stock Payment or Closing Non-Converting Series D Preferred Stock Payment, as applicable, on the same Business Day as the Effective Time.
Each of the Company and Parent shall take all reasonably necessary action on its part such that the issuance of Parent Common Stock Payment Shares and Parent Preferred Stock Payment Shares pursuant to this Agreement constitutes a transaction exempt from registration under the Securities Act in compliance with Rule 506 of Regulation D promulgated thereunder.
Differentiators: Please provide a summary outlining what makes your company different or ideally positioned to support DFO’s Milk Sample Transportation Services.
To patron and benefactor members (new and renewing), a handwritten acknowledgment from the VP Administration.
The Series A Preferred Stock Payment shall be deducted from the Estimated Purchase Price as contemplated by Section 3.2(a).
For as long as any Parent Preferred Stock Payment Shares remain outstanding, Parent shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Parent Common Stock or shares of Parent Common Stock held in treasury by Parent, for the purpose of effecting the conversion of the Parent Preferred Stock Payment Shares, the full number of shares of Parent Common Stock then issuable upon the conversion of all Parent Preferred Stock Payment Shares then outstanding.