Common use of IFG Clause in Contracts

IFG. As of the date hereof, the authorized shares of IFG consist of (i) 100,000,000 shares of IFG Common Stock; (ii) 2,000,000 shares of Class B Common Stock, par value $0.01 per share ("Class B Common"); and (iii) 1,000,000 shares of preferred stock, par value $0.01 per share ("IFG Preferred") of which 15,000 shares have been designated as 7.5% Step-Up Rate Convertible Preferred Stock ("7.5% Preferred"). As of the close of business on March 15, 1998, (i) 30,626,962 shares of IFG Common Stock were issued and outstanding, of which none were owned by SpinCo; (ii) 166,400 shares of IFG Common Stock were held by IFG in its treasury or by

Appears in 2 contracts

Sources: Agreement and Plan of Merger (Apartment Investment & Management Co), Agreement and Plan of Merger (Insignia Financial Group Inc)