Class A Preferred Stock. DOCLLC is the beneficial owner of all of the outstanding shares of Class A Preferred Stock. DOCLLC agrees that immediately prior to the Effective Time (defined below) it will distribute all of the Class A Preferred Stock which it beneficially owns to DCC. Upon receipt of the Class A Preferred Stock, DCC shall cancel and retire all outstanding shares of its Class A Preferred Stock.
Appears in 3 contracts
Sources: Recapitalization Agreement (Dobson Communications Corp), Recapitalization Agreement (Dobson Communications Corp), Recapitalization Agreement (Dobson Communications Corp)