Examples of Series AA-3 Preferred Stock in a sentence
The broad sector opinion is that existing, long-established fundraising methods are not sufficiently sustainable or successful in their own right for engaging the individuals of contemporary society and therefore a change in the mode of fundraising must take place to ensure future donations are secured by charities from this source.
No fractional shares or scrip representing fractional shares shall be issued upon the conversion of or as dividends on the Series AA-3 Preferred Stock.
To effect conversions of shares of Series AA-3 Preferred Stock, a Holder shall not be required to surrender any Certificated Series AA-3 Preferred Stock to the Company unless all of the shares of Series AA-3 Preferred Stock represented by any such certificate are so converted, in which case such Holder shall deliver the Certificated Series AA-3 Preferred Stock promptly following the Optional Conversion Date.
The set budget includes that of a Programme Director post within the assumed staffing structure.
As of the date hereof, there are no outstanding Senior Securities, Parity Securities consist solely of Series A Preferred, Series AA Preferred Stock, Series AA-2 Preferred Stock, Series AA-3 Preferred Stock, Series AA-4 Preferred Stock, and the Junior Securities consist solely of shares of Common Stock.
The Holder shall remain entitled to convert such Holder’s Series AA-3 Preferred Stock pursuant to Section 6(a) (subject to the Beneficial Ownership Limitation and the Primary Market Limitation) during the 20-day period commencing on the date of such notice through the effective date of the event triggering such notice except as may otherwise be expressly set forth herein.
If holders of Common Stock are given any choice as to the securities, cash or property to be received in a Fundamental Transaction, then the Holders shall be given the same choice as to the Alternate Consideration they receive upon any conversion of the Series AA-3 Preferred Stock following such Fundamental Transaction.
The Company shall (A) deliver (or cause to be delivered) to the converting Holder who has converted less than all of such Holder’s Certificated Series AA-3 Preferred Stock (1) a certificate or certificates, of like tenor, for the number of shares of Series AA-3 Preferred Stock evidenced by any surrendered certificate or certificates less the number of shares of Series AA-3 Preferred Stock converted.
For purposes hereof, references to Series AA-5 Preferred Stock in this Section 5 shall include the Series A Preferred, Series AA Preferred Stock, Series AA-2 Preferred Stock, Series AA-3 Preferred Stock, Series AA-4 Preferred and all sub-series designated Series AA-6 Preferred Stock, Series AA-7 Preferred Stock and so on that may be authorized following the date hereof.
The Company agrees to maintain a transfer agent that is a participant in the DTC’s FAST program so long as any shares of Series AA-3 Preferred Stock remain outstanding.