Examples of Series 3 PCS Stock in a sentence
The holders of shares of Series 3 PCS Stock shall be entitled to receive, when and if declared by the Board of Directors in accordance with this Section 5.1, dividends in respect of the Series 3 PCS Stock equivalent on a per share basis to those payable on the Series 2 PCS Stock.
The holders of shares of Series 2 PCS Stock shall be entitled to receive, when and if declared by the Board of Directors in accordance with this Section 5.1, dividends in respect of the Series 2 PCS Stock equivalent on a per share basis to those payable on the Series 3 PCS Stock.
The holders of shares of Series 3 PCS Stock shall be entitled to receive, when and if declared by the Board of Directors in accordance with this Section 5.1, dividends in respect of the Series 3 PCS Stock equivalent on a per share basis to those payable on the Series 1 PCS Stock.
The holders of the Series 1 PCS Stock shall be entitled to receive, when and if declared by the Board of Directors in accordance with this Section 5.1, dividends in respect of the Series 1 PCS Stock equivalent on a per share basis to those payable on the Series 3 PCS Stock.
In addition to the entitlement with respect to dividends contained in Sections 5.1.7 through 5.1.9, the holders of shares of Class A Common Stock shall be entitled to receive, when and if declared by the Board of Directors in accordance with this Section 5.1, dividends in respect of the Class A Common Stock equivalent on a Per Class A PCS Share Basis to those payable on a per share basis to the Series 3 PCS Stock.
The holders of shares of Series 3 PCS Stock shall be entitled to receive, when and if declared by the Board of Directors in accordance with this Section 5.1, dividends in respect of the Series 3 PCS Stock equivalent on a per share basis to those payable, on a Per Class A PCS Share Basis, on the Old Class A Common Stock (with respect to the Number Of Shares Issuable With Respect To The Old Class A Equity Interest In The PCS Group only).
Each of FT and DT agrees to purchase one-half of the shares of Series 3 PCS Stock to be purchased pursuant to this Section 1.5. The purchase of shares of capital stock by FT and DT pursuant to this Section 1.5 shall be consummated concurrently, and no purchase of shares by FT or DT pursuant to this Section 1.5 shall be made unless and until the concurrent purchase by the other Party is so effected.
If after the date hereof all outstanding shares of Class A Stock shall have been converted into Non-Class A Common Stock pursuant to the Class A Provisions, each share of Series 3 PCS Stock to have been issued by Sprint pursuant to this Agreement shall instead be issued as one duly issued, fully paid and nonassessable share of Series 1 PCS Stock.
The number of shares of Series 3 PCS Stock to be purchased by the Buyers hereunder and the purchase price therefor shall be adjusted to reflect any stock split, subdivision, stock dividend, or other reclassification, consolidation or a combination of the Voting Securities of Sprint or similar action or transaction after the date hereof, provided that no adjustment shall be made under this Section 1.6 in respect of the Recapitalization.
The holders of shares of Series 3 PCS Stock shall be entitled to receive, when and if declared by the Board of Directors in accordance with this Section 5.1, dividends in respect of the Series 3 PCS Stock equivalent on a per share basis to those payable, on a Per Class A PCS Share Basis, on the Class A Common Stock--Series DT (with respect to the Number Of Shares Issuable With Respect To The Class A--Series DT Equity Interest In The PCS Group only).