Series C Preferred Stock definition

Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.0001 per share.

Series C Preferred Stock means the series of preferred stock, $0.01 par value, of the Corporation designated as Series C Convertible Preferred Stock.

Series C Preferred Stock means the shares of the Company’s Series C Preferred Stock.

Examples of Series C Preferred Stock in a sentence

• The Company shall exercise its Optional Redemption Right by mailing written notice to each Holder, which notice shall specify: (i) the number of shares of Series C Preferred Stock to be redeemed and the amount to be paid therefor; and (ii) the date on which such redemption shall occur, which shall be a Business Day not less than 20 days and not more than 60 days from the date on which such notice is mailed.

• Each share of Series C Preferred Stock shall have a stated value equal to $1,000.00 (the “Stated Value”).

• For the avoidance of doubt, if, prior to the Change of Control Conversion Date, the Company has provided notice of its election to redeem some or all of the shares of Series C Preferred Stock (whether pursuant to its Optional Redemption Right or its Special Optional Redemption Right), the Holders will not have the Change of Control Conversion Right with respect to such shares of Preferred Stock.

• On or after the fifth anniversary of the Original Issue Date (“Optional Redemption Date”), the Company may, at its option, redeem the Series C Preferred Stock, in whole or in part, at any time or from time to time, for cash at a redemption price equal to 103% of the Liquidation Preference, plus any accumulated and unpaid Dividends thereon (whether or not authorized or declared) to, but excluding, the date of such redemption, without interest (the “Optional Redemption Right”).

• 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 Holder shall be given the same choice as to the Alternate Consideration it receives upon any conversion of this Series C Preferred Stock at the time of such Fundamental Transaction.

More Definitions of Series C Preferred Stock

Series C Preferred Stock has the meaning set forth in the Recitals.

Series C Preferred Stock means 8% Series C Preferred Stock due 2013, par value $0.001 per share, of the Company, with a liquidation preference of $10,000 per share, to be issued by the Company under the Series C Preferred Stock Certificate of Designation pursuant to this Agreement.

Series C Preferred Stock has the meaning set forth in Section 1.

Series C Preferred Stock means the Series C Preferred Stock, no par value, of the Company.

Series C Preferred Stock means the Series C Convertible Preferred Stock, par value $.001 per share, of the Company.

Series C Preferred Stock has the meaning set forth in the recitals to this Agreement.

Series C Preferred Stock has the meaning specified in Section 4.6(a).