Examples of Preferred Stock Seller in a sentence
For so long as the Purchaser holds the Seller Preferred Stock, Seller shall continuously hold in reserve sufficient shares of Seller Common Stock to perform its conversion obligations under the terms of the Seller Preferred Stock.
Upon issuance of the Series A Preferred Stock, Seller will cancel the Promissory Note and return the original copy of the Promissory Note to Buyer.
The consideration to be received by the Preferred Stock Seller, the other rights and benefits of the Preferred Stock Seller and the obligations undertaken by the other parties for the benefit of the Preferred Stock Seller all pursuant to this Agreement constitute full, complete and adequate consideration to the Preferred Stock Seller for the Preferred Shares and all rights of the Preferred Stock Seller pursuant to the terms of the ESOP and related documents.
Buyer and Seller shall enter into a registration rights agreement in substantially the same form as the form attached in Exhibit 6.5 hereto (“Registration Rights Agreement”), pursuant to which Buyer shall use its best efforts to register the Seller Preferred Stock, Seller Conversion Shares, and Seller Preferred Stock on a TIME IS OF THE ESSENCE basis, but in no event later than May 31, 2018.
The Sellers shall have executed and delivered to the Preferred Stock Seller counterpart signature pages for Preferred Stock Assignment Agreement.
To the extent reasonably requested by Buyer and/or Company, subject to the provisions of Section 16 of this Agreement, and to the extent not otherwise in conflict with its duties as Trustee of the ESOP, Preferred Stock Seller agrees to cooperate with Buyer and Company in the prompt and efficient termination of the ESOP, the prompt payment of the Inside Loan and the prompt payment of the ESOP's assets to the plan participants.
In 2020, the volume of seafood produced by the Irish seafood sector surpassed 220,000 tonnes with a value of €394m.
AIDS-modellen bygger på at levekostnadsfunksjonen har en bestemt parametrisk form, jf.
Except for the approval of this Agreement by the affirmative vote of the holders of the outstanding shares of Seller Common Stock, Seller Series A Preferred Stock, Seller Series B Preferred Stock, and Seller Series C Preferred Stock required under North Carolina law entitled to vote at such meeting, no other corporate proceedings on the part of Seller are necessary to approve this Agreement or to consummate the transactions contemplated hereby.
In joint-stock companies, the capital contribution obligation must be paid within one month.ASSET ELEMENTS TO BE UTILIZED AS CAPITALIn Turkey, cash and capital in-kind can be brought as an equity in joint- stock and limited liability companies.