Examples of Series G Stock in a sentence
Such conversion shall be deemed to be effective on the business day (the "Conversion Date") following the receipt by the Corporation of written notice from the holder of the Series G Preferred Stock of the holder's intention to convert the shares of Series G Stock, together with the holder's stock certificate or certificates evidencing the Series G Preferred Stock to be converted.
Each holder of Series G Stock shall also have any other rights that such holder may have been afforded under any contract or agreement at any time and any other rights that such holder may have under any law.
The Corporation will redeem all shares of Series G Stock as to which rights under this paragraph have been exercised within 30 days after the date of the Holders' Redemption Demand.
The Company covenants that it will at all times reserve and keep available out of its authorized Series G Stock, solely for the purpose of issue upon exercise of the Warrants, such number of shares of Series G Stock as shall then be issuable upon the exercise of all the Warrants represented by this Warrant Certificate.
See Note 8 to the Consolidated Financial Statements for information concerning the contractual interest rates of tronc’s debt.
The Company covenants that all Warrant Shares shall be duly and validly issued and, upon payment for such shares as set forth herein, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issue thereof, and that upon issuance such shares shall be listed on the national securities exchange, if any, on which the other shares of outstanding Series G Stock of the Company are then listed.
Concurrently with the mailing to holders of Common Stock of any document pursuant to which such holders may make an election of the type referred to in this Section, the Corporation shall mail a copy thereof to the record holders of the Series G Stock as of the date used for determining the holders of record of Common Stock entitled to such mailing.
The purchase price payable upon exercise of the Warrants shall be equal to $1.00 per share of Series G Stock (the “Exercise Price”).
Anything contained herein to the contrary notwithstanding, the Company shall not be required to issue any fraction of a share of Series G Stock in connection with the exercise of the Warrants.
As promptly as practicable on or after the conversion date, the Company shall issue and shall deliver to the Holder (i) a certificate or certificates representing the number of shares of Series G Stock to which the Holder shall be entitled as a result of the conversion, and (ii) if the Warrant Certificate is being converted in part only, a new certificate in principal amount equal to the unconverted portion of the Warrant Certificate.