Examples of Stockholder Approvals in a sentence
The provisions of this Section V shall only apply to dividends declared and payable after the Stockholder Approvals Date.
Notwithstanding any provision in this Section V(a) to the contrary, no Holder of a share of Series B Preferred Stock shall be entitled to receive any dividend or distribution made with respect to the Common Stock where the Record Date for determination of holders of Common Stock entitled to receive such dividend or distribution occurs prior to the Stockholder Approvals Date or the date of issuance of such share of Series B Preferred Stock.
Notwithstanding anything to the contrary contained in this Certificate of Designations, prior to the receipt of the Stockholder Approvals, no Holder shall be permitted to convert more than 22% of the total number of shares of Series C Preferred Stock issued to such Holder at the Closing.
Following the Stockholder Approvals Date, Holders shall not be entitled to any dividends or distributions, whether payable in cash, securities or other property, other than dividends or distributions (if any) declared and payable on shares of Series B Preferred Stock as specified in this Certificate of Designations.
The provisions of this Section IV shall only apply to dividends declared and payable prior to the Stockholder Approvals Date.