Examples of Series E Preferred Stock in a sentence
The Holder, in its capacity as a holder of the Series D Preferred Stock and as the sole holder of the Series E Preferred Stock, pursuant to Section 4 and Section 9 of each of the Series D CoD and the Series E CoD, hereby irrevocably consents to the Transactions and the Holder waives any and all future rights with respect to the Transactions in the Holder’s capacity as a holder of the Series D Preferred Stock and as the sole holder of the Series E Preferred Stock.
The Board has authorized the sale of up to 1,000,000 shares of Series E Preferred Stock.
After payment to the holders of our Series E Preferred Stock, the remaining funds and assets available for distribution to our stockholders shall be distributed among the holders of shares of Common Stock, pro rata based on the number of shares of Common Stock held by each such holder.
The holders of the Series E Preferred Stock shall be entitled to receive, and the Company shall pay, out of legally available funds, dividends on each share of Series E Preferred Stock at an annual rate of 9.0% of the Stated Value (as defined below).
Additionally, we may redeem a share of Series E Preferred Stock at our option at any time from time to time upon not less than 10 calendar days written notice to the holders prior to the date fixed for redemption thereof, at a redemption price of 100% of the Stated Value of the shares of Series E Preferred Stock to be redeemed plus accrued but unpaid dividends.