Examples of Series A Certificate of Designations in a sentence
After December 15, 2016, if the Series A Preference Shares have not been redeemed or repurchased, they bear a non-cumulative, non-mandatory dividend rate of Three-Month LIBOR (as defined in the Series A Certificate of Designations) plus 3.557%, which is payable quarterly on the 15th day of March, June, September and December of each year, beginning on March 15, 2017, upon declaration by the Board of Directors.
As a result, the number of shares of Class A Common Stock issuable upon conversion of the shares of Series A Preferred Stock cannot be determined at this time, though the Series A Certificate of Designations provides that the shares of Series A Preferred Stock held by the Crestview Parties may not be converted into more than 4,960,000 shares of Class A Common Stock, subject to certain adjustments as provided therein.
The Series A Preferred Stock (a) has a par value of$0.001 per share, (b) accrues dividends at an annual rate of eight percent of the Liquidation Value (as defined in the Series A Certificate of Designations) plus accumulated and unpaid dividends, and (c) has a liquidation value of the greater of (x) the Liquidation Value or (y) the amount such holder would be entitled to upon liquidation if such shares were converted to Class A Common Stock.
In this work we report the preparation of nanionks with high pigment (Au, Se NPs) concentration, provided by efficient laser ablation of solid targets in liquid media, and the following manufacturing of multifunctional nanocoatings via inkjet printing and sedimentation of colloids.
For the avoidance of doubt, this Section 4(c) shall not prohibit the accrual of Preference Dividends (as defined in the Series A Certificate of Designations) which are not paid in cash in accordance with the terms of the Series A Certificate of Designations.