Examples of Series A Preferred Shares in a sentence
No fractional Series A Preferred Shares will be issued other than fractions that are integral multiples of one one-thousandth of a share and, in lieu thereof, an adjustment in cash will be made based on the current market price of the Series A Preferred Shares.
XxXxxxx Title: President & CEO SCHEDULE A Capitalization Authorized Capital Stock of the Company (as of September 30, 2013) Common Stock: 20,000,000 shares Preferred Stock: 5,000,000 shares Outstanding Capital Stock of the Company (as of September 30, 2013) Common Stock: 410,147 shares Preferred Stock: 6,785 Series A Preferred Shares Outstanding Warrants of the Company (as of September 30, 2013): Warrant to purchase 52,192.40 shares of common stock.
The Subscriber hereby tenders his/her/its subscription and applies for the purchase of the number of Series A Preferred Shares specified by the Subscriber on the signature page titled “Signature Page” and agrees to pay to the Company an amount of $15.00 multiplied by the number of Series A Preferred Share so specified (the “Purchase Price”).
To the extent that the limitation contained in this Section 6(b) applies and the Corporation can convert some, but not all, of such Series A Preferred Shares submitted for conversion, the Corporation shall convert Series A Preferred Shares up to the Beneficial Ownership Limitation in effect, based on the number of Series A Preferred Shares submitted for conversion on such date.
Before any Preferred Holder shall be entitled to convert the same into Common Shares, the Board of Directors (or a committee thereof) shall designate an officer of the Corporation to determine if any Conversion Limitation set forth in this Section 6 shall apply to the conversion of Series A Preferred Shares.