Examples of Surviving Corporation Preferred Stock in a sentence
No fractional share interests of Surviving Corporation Preferred Stock shall be issued.
If, after the Effective Time, any such holder fails to perfect or effectively withdraws or loses his right to appraisal, such Dissenting Shares shall thereupon be treated as if they had been converted as of the Effective Time into the right to receive the Common Stock Merger Consideration to which such holder is entitled, without interest or dividends thereon (except dividends in respect of the Surviving Corporation Preferred Stock).
The authorized capital stock of the Surviving Corporation consists of 5,000,000 shares of Common Stock, $.01 par value ("Surviving Corporation Common Stock"), and 300,000 shares of Preferred Stock, $.01 par value ("Surviving Corporation Preferred Stock").
Merger Company agrees to use its commercially reasonable efforts to have the Surviving Corporation Preferred Stock eligible for trading on the Nasdaq National Market.
Each share of Company Preferred Stock issued and outstanding immediately prior to the Effective Time shall remain outstanding from and after the Effective Time as one share of Surviving Corporation Preferred Stock having the powers, preferences and rights substantially similar to the Company Preferred Stock.
Not later than three (3) days after the Closing Date, the Exchange Agent (as that term is defined below) shall send or cause to be sent to each former holder of record of shares of preferred stock of CCG transmittal materials for use in exchanging their certificates formerly representing shares of preferred stock of CGG for certificates representing an equal number of shares of the Surviving Corporation Preferred Stock.
If the Surviving Corporation Preferred Stock is not eligible for trading on the Nasdaq National Market as of the Closing Date, Merger Company will use its commercially reasonable efforts to arrange for an established securities dealer or dealers to make a market in the Surviving Corporation Preferred Stock.
The Surviving Corporation Preferred Stock shall have the same rights, privileges and preferences as the preferred stock of CCG.
Each certificate representing outstanding shares of Sub Common Stock and each certificate representing outstanding shares of Sub Preferred Stock shall at the Effective Time represent an equal number of shares of Surviving Corporation Common Stock and Surviving Corporation Preferred Stock, respectively.
No certificates representing fractional shares of Surviving Corporation Common Stock or Surviving Corporation Preferred Stock shall be issued in connection with the Merger, and such fractional interests will not entitle the owner thereof to any rights of a stockholder of the Surviving Corporation.