Common use of Designation and Number Clause in Contracts

Designation and Number. A series of Preferred Shares, designated the 7.00% Series A Cumulative Convertible Preferred Stock (the “Series A Preferred Stock”), is hereby established. The number of authorized shares of Series A Preferred Stock shall be 400,000.

Appears in 5 contracts

Sources: Subscription Agreement (HG Holdings, Inc.), Subscription Agreement (HG Holdings, Inc.), Subscription Agreement (HG Holdings, Inc.)

Designation and Number. A series of Preferred Shares, designated the 7.0010.00% Series A B Cumulative Convertible Preferred Stock (the “Series A B Preferred Stock”), is hereby established. The par value of the Series B Preferred Stock is $0.01 per share. The number of authorized shares of Series A B Preferred Stock shall be 400,0002,050,000.

Appears in 5 contracts

Sources: Subscription Agreement (HG Holdings, Inc.), Subscription Agreement (HG Holdings, Inc.), Subscription Agreement (HG Holdings, Inc.)

Designation and Number. A series of Preferred SharesStock of the Corporation, designated the 7.00“8.625% Series A B Cumulative Convertible Preferred Stock Stock” (the “Series A B Preferred Stock”), is hereby established. The par value of the Series B Preferred Stock is $.0001 per share. The number of authorized shares of Series A B Preferred Stock shall be 400,0001,919,378.

Appears in 4 contracts

Sources: Merger Agreement (Ready Capital Corp), Merger Agreement (Anworth Mortgage Asset Corp), Merger Agreement (Ready Capital Corp)

Designation and Number. A series of Preferred SharesStock of the Corporation, designated the 7.00as “6.25% Series A C Cumulative Convertible Preferred Stock Stock” (the “Series A C Preferred Stock”), is hereby established. The par value of the Series C Preferred Stock is $.0001 per share. The number of authorized shares of Series A C Preferred Stock shall be 400,000779,743.

Appears in 4 contracts

Sources: Merger Agreement (Ready Capital Corp), Merger Agreement (Anworth Mortgage Asset Corp), Merger Agreement (Ready Capital Corp)

Designation and Number. A series of Preferred Shares, designated as the 7.00% Series A Cumulative Convertible Preferred Stock (the “Series A Preferred Stock”), ,” is hereby established. The number of authorized shares of Series A Preferred Stock shall be 400,000[●]. The par value of the Series A Preferred Stock shall be $0.01 per share.

Appears in 2 contracts

Sources: Membership Interest Purchase Agreement (American Healthcare REIT, Inc.), Membership Interest Purchase Agreement (NorthStar Healthcare Income, Inc.)

Designation and Number. A series of Preferred Sharespreferred stock, designated the 7.005.875% Series A B Cumulative Convertible Redeemable Preferred Stock Stock, par value $0.01 per share (the “Series A B Preferred Stock”), is hereby established. The number of authorized shares of constituting the Series A B Preferred Stock shall initially be 400,0004,400,000.

Appears in 2 contracts

Sources: Merger Agreement (Urstadt Biddle Properties Inc), Merger Agreement (Regency Centers Lp)

Designation and Number. A series of Preferred SharesStock, designated the 7.00% Series A Cumulative B Convertible Redeemable Preferred Stock (the “Series A B Preferred Stock”), is hereby established. The number of authorized shares of Series A B Preferred Stock shall initially be 400,0004,411,764. The Corporation shall not, without the approval of holders of a majority of shares of Series B Preferred Stock, issue additional shares of Series B Preferred Stock.

Appears in 1 contract

Sources: Investment Agreement (Plymouth Industrial REIT Inc.)

Designation and Number. A series of Preferred Sharespreferred stock, designated as the 7.00“7.875% Series A B Redeemable Cumulative Convertible Preferred Stock Stock” (the “Series A B Preferred Stock”), is hereby established. The par value of the Series B Preferred Stock is $0.01 per share. The number of authorized shares of the Series A B Preferred Stock shall be 400,000125,000.

Appears in 1 contract

Sources: Securities Purchase Agreement (MedEquities Realty Trust, Inc.)

Designation and Number. A series of Preferred SharesStock, designated as the 7.00"9.00% Series A Cumulative D2 Mandatory Convertible Preferred Stock Stock" (the "Series A D2 Preferred Stock”), ") is hereby established. The number of authorized shares of Series A D2 Preferred Stock shall be 400,0006,147,000 shares. The par value of the Series D2 Preferred Stock shall be $0.01 per share. Certain defined terms used in these Articles Supplementary have the meaning assigned thereto in Section 8.

Appears in 1 contract

Sources: Securities Purchase Agreement (Novastar Financial Inc)