Examples of Buyer Preferred Shares in a sentence
A proportion of each Purchased Share equal to the quotient of (i) the aggregate value of the Buyer Preferred Shares and the Buyer Common Shares divided by (ii) the total value of consideration payable by Buyer under this Agreement shall be disposed of for consideration consisting of the Buyer Preferred Shares and the Buyer Common Shares, and the remaining proportion of each Purchased Share shall be disposed of for the balance of the consideration payable under this Agreement.
The number of issued and outstanding Buyer Common Shares, Buyer Preferred Shares and warrants convertible into Buyer Common Shares or Buyer Preferred Shares is as stated in the Buyer SEC Documents as of the date(s) stated therein.
The authorized capital stock of Buyer consists of five hundred million (500,000,000) Buyer Common Shares and ten million (10,000,000) shares of Buyer’s preferred stock, $0.001 par value per share (“ Buyer Preferred Shares ”).