Examples of Series A-7 Preferred Stock in a sentence
Any such dividends shall be paid to the holders of the Series A-1 Preferred Stock, the Series A-2 Preferred Stock, Series A-3 Preferred Stock, Series A-4 Preferred Stock, Series A-5 Preferred Stock, Series A-6 Preferred Stock, Series A-7 Preferred Stock and all other series of Preferred Stock that rank equal to the foregoing series (on a parity basis) no later than thirty (30) days after the optional conversion.
Dividends, if declared and paid or set apart for payment, must be paid or set apart for payment on all shares of Series A-1 Preferred Stock, Series A-2 Preferred Stock, Series A-3 Preferred Stock, Series A-4 Preferred Stock, Series A-5 Preferred Stock, Series A-6 Preferred Stock, Series A-7 Preferred Stock and all other series of Preferred Stock that rank equal to the foregoing series, contemporaneously.
For purposes hereof, references to Series A-5 Preferred Stock in this Section 5 shall include the Series A Preferred Stock, Series A-2 Preferred Stock, Series A-3 Preferred Stock, Series A-4 Preferred Stock and any and all sub-series designated Series A-6 Preferred Stock, Series A-7 Preferred Stock and so on that may be authorized following the date hereof.
Shares of the Series A-7 Preferred Stock to be so converted will be deemed to have been converted and canceled on such date, and the person or persons entitled to receive the shares of Class A Common Stock issuable upon such conversion will be treated for all purposes as the record holder or holders of such shares of Class A Common Stock on such date.
Waiver and RedemptionIf a potential offeror does not wish to make a Permitted Bid, it can negotiate with, and obtain the prior approval of, the Board of Directors to make a bid pursuant to a takeover bid circular on terms which the Board considers fair to all shareholders.
The “Series A Original Issue Price” shall mean, $0.50, with respect to the Series A-1 Preferred Stock, $0.40, with respect to the Series A-2 Preferred Stock, $0.45, with respect to the Series A-3 Preferred Stock, $0.8055 with respect to the Series A-4 Preferred Stock, $0.8055 with respect to the Series A-5 Preferred Stock, $0.8055 with respect to the Series A-6 Preferred Stock or $0.8055 with respect to the Series A-7 Preferred Stock.
In lieu of any fractional shares to which a holder would otherwise be entitled, the Corporation shall pay cash equal to such fraction multiplied by the then effective Conversion Price for such Series A-7 Preferred Stock.
This Agreement may be amended only if such amendment is approved (i) by FDCC, (ii) by the affirmative consent of the Board of Trustees of the Trust, (iii) at a meeting of the Shareholders of the Trust by the affirmative vote of a majority of the outstanding Shares, and (iv) by a majority of the Trustees of the Trust who are not "interested persons", as defined by the Act, of the Funds or of FDCC by vote cast in person at a meeting called for the purpose of voting on such approval.
Shares of the Series A-7 Preferred Stock to be so redeemed will be deemed to have been redeemed and canceled on the Redemption Date regardless of whether the holder has surrendered to the Corporation the certificate(s) for such shares.
The fencing shall enclose at least the area covered by the spread of the branches, shall be erected before any site works begin and shall be maintained during the construction period.