Common use of Underlying Securities Clause in Contracts

Underlying Securities. The Shares will be convertible into shares of common stock of the Company, par value $0.001 per share (“Common Stock”), in the manner described in the Certificate of Designation, and dividends on the Shares may be paid in shares of Common Stock at the Company’s election, in accordance with the Certificate of Designations. The shares of Common Stock into which the Shares may be converted, and the shares of Common Stock that may be issued in payment of dividends on the Shares, are referred to collectively herein as the “Underlying Securities.”

Appears in 1 contract

Samples: Convertible Perpetual Preferred Stock Purchase Agreement (Sandridge Energy Inc)

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Underlying Securities. The Shares will be convertible into shares of common stock of the Company, par value $0.001 per share (“Common Stock”), in the manner described set forth in the Certificate of Designation, and dividends on the Shares may be paid in shares of Common Stock at the Company’s election, in accordance with the Certificate of Designations. The shares of Common Stock into which the Shares may be converted, and the shares of Common Stock that may be issued in payment of dividends on the Shares, are referred to collectively herein as the “Underlying Securities.”

Appears in 1 contract

Samples: Registration Rights Agreement (Kennedy-Wilson Holdings, Inc.)

Underlying Securities. The Shares will be convertible into shares of common stock of the Company, par value $0.001 0.0001 per share (“Common Stock”), in the manner described in the Certificate of Designation, and dividends on the Shares may be paid in shares of Common Stock at the Company’s election, in accordance with the Certificate of Designations. The shares of Common Stock into which the Shares may be converted, and the shares of Common Stock that may be issued in payment of dividends on the Shares, are referred to collectively herein as the “Underlying Securities.”

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Kennedy-Wilson Holdings, Inc.)

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Underlying Securities. The Shares will be convertible into shares of common stock of the Company, par value $0.001 per share (“Common Stock”), in the manner described in the Certificate of Designation, and dividends on the Shares may be paid in shares of Common Stock at the Company’s election, in accordance with the Certificate of Designations. The shares of Common Stock into which the Shares may be converted, and the shares of Common Stock that may be issued in payment of dividends on the Shares, are referred to collectively herein as the “Underlying Securities.”

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Kennedy-Wilson Holdings, Inc.)

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