Class C Preferred Stock definition
Examples of Class C Preferred Stock in a sentence
A Change in Control shall not be deemed to occur because of the sale or conversion of any or all of Class C Preferred Stock of the Company unless there is a simultaneous change described in clauses (A), (B) or (C) of the preceding sentence.
Such respective conversion factors in effect from time to time, as adjusted pursuant to the applicable provisions of this Section B(5)(d), are referred to herein as the "Conversion Factor" for the Class A Preferred Stock, the Class B Preferred Stock, the Class C Preferred Stock or the Class D Preferred Stock, as applicable.
The delivery of a certificate or certificates at the Closing representing the shares of Class C Preferred Stock in the manner provided in Section 2.01(b) will transfer to Seminis good and valid title to the shares of Class C Preferred Stock, free and clear of all liens.
A change of Control shall not be deemed to occur because of the sale or conversion of any or all of Class C Preferred Stock of the Company unless there is a simultaneous change described in clauses (i), (ii) or (iii) of the preceding sentence.
Except as provided in Sections B(2)(b), B(3)(a), B(5)(a) and B(5)(d) of this Article, the Class A Preferred Stock, Class B Preferred Stock, Class C Preferred Stock and Class D Preferred Stock are identical in all respects and possess the same designations, limitations and rights.