Series A Preferred Stock Holders definition

Series A Preferred Stock Holders means, collectively, Newcourt Capital USA Inc., a Delaware corporation, Newcourt Capital Securities, Inc., a Delaware corporation, EP Power Finance L.L.C., a Delaware limited liability company, Xxxxxx Xxxxxxx Xxxx Xxxxxx Equity Funding, Inc., a Delaware corporation, Originators Investment Plan, L.P., a Delaware limited partnership, Duke Capital Partners, LLC, a Delaware limited liability company and Leaf Mountain Company, LLC, an Illinois limited liability company.

Series A Preferred Stock Holders and each, a “Series A Preferred Stock Holder”) will agree not to take any action to delay or prevent such registration statement from becoming effective.

Examples of Series A Preferred Stock Holders in a sentence

• The Series A Preferred Stock will bear no dividends, and the holders of the Series A Preferred Stock ("Holders") shall not be entitled to receive dividends on the Series A Preferred Stock.

• Holders of record of the Series A Preferred Stock ("Holders") will be entitled to receive, when, as and if declared by the Board of Directors of the Corporation, out of funds of the Corporation legally available therefor, noncumulative cash dividends at the annual rate per share of 7% of their liquidation preferences, or $0.2917 per share per month, with each aggregate payment made to each record holder of the Series A Preferred Stock being rounded to the next lowest cent.

• In the event of a reclassification or other similar transaction as a result of which the shares of Common Stock are converted into another security, then Series A Preferred Stock Holders shall be entitled to receive upon conversion the amount of such security that such holder would have received if such conversion had occurred immediately prior to the record date of such reclassification or other similar transaction.

• Parent modified its offer by proposing to acquire all of the Shares and the outstanding shares of Company Series B Preferred Stock for $9.00 per share in cash and to purchase all of the outstanding shares of Company Series A Preferred Stock for $9.75 per share in cash, an amount equal to the liquidation preference which the Company Series A Preferred Stock Holders would be entitled to as a result of a business combination transaction.

• Transferability: The Series A Preferred Stock Holders may sell or otherwise transfer such stock as follows: § to any Permitted Holder; or § subject to the Transfer Restriction, to any other person; provided, however, that upon any such transfer, the shares of Series A-1 Preferred Stock so transferred shall automatically convert into Series A-2 Preferred Stock.

• Holders of record of the Series A Preferred Stock ("Holders") will be entitled to receive, when, as and if declared by the Board of Directors of EuroBancshares or an authorized committee thereof (the "Board of Directors"), out of funds of EuroBancshares legally available therefor, monthly noncumulative cash dividends payable on the last day of each calendar month (each a "Dividend Payment Date") at a rate per annum equal to 6.825% (the "Dividend Rate").

• Holders of record of the Series A Preferred Stock ("Holders") will be entitled to receive, when, as and if declared by the Board of Directors of the Corporation, out of funds of the Corporation legally available therefor, noncumulative cash dividends at the annual rate per share of __% of their liquidation preferences, or $____ per share per month, with each aggregate payment made to each record holder of the Series A Preferred Stock being rounded to the next lowest cent.

• If for any reason the Executive Chairman or the Chief Executive Officer does not resign or the irrevocable resignation is determined to be ineffective, then the Series A Preferred Stock Holders may remove the Executive Chairman and/or Chief Executive Officer as a director, subject to applicable law.

• The series of Preferred Stock shall be designated as Series A Convertible Preferred Stock (the "Series A Preferred Stock"), and the number of shares so designated shall be _______ (which shall not be subject to increase without the consent of the holders of the Series A Preferred Stock ("Holders")).

• The Series A Preferred Stock Holders may sell or otherwise transfer such stock as follows: o to any Permitted Holder; or o subject to the Transfer Restriction, to any other person; provided, however, that upon any such transfer, the shares of Series A-1 Preferred Stock so transferred shall automatically convert into Series A-2 Preferred Stock.