Prior to the Close of Business on the Mandatory Conversion Date or any applicable Conversion Date, shares of Common Stock (and/or other securities, if applicable) issuable upon conversion of any shares of Series B Preferred Stock shall not be deemed outstanding for any purpose, and the Holder(s) shall have no rights with respect to the Common Stock (and/or other securities, if applicable) issuable upon conversion (including voting rights, rights to respond to tender offers for the Common Stock (and/or other securities, if applicable) issuable upon conversion and rights to receive any dividends or other distributions on the Common Stock (and/or other securities, if applicable) issuable upon conversion) by virtue of holding shares of Series B Preferred Stock.
Prior to the Close of Business on the Mandatory Conversion Date or any applicable Conversion Date, shares of Common Stock (and/or other securities, if applicable) issuable upon conversion of any shares of Series BA Preferred Stock shall not be deemed outstanding for any purpose, and the Holder(s) shall have no rights with respect to the Common Stock (and/or other securities, if applicable) issuable upon conversion (including voting rights, rights to respond to tender offers for the Common Stock (and/or other securities, if applicable) issuable upon conversion and rights to receive any dividends or other distributions on the Common Stock (and/or other securities, if applicable) issuable upon conversion) by virtue of holding shares of Series BA Preferred Stock.
PriorAs provided in Subdivision 14(d)(v), dividends on any share of Series B Preferred Stock converted to the Close of BusinessCommon Stock shall cease to accumulate on the Mandatory Conversion Date or any applicable Conversion Date, shares of Common Stock (and/or other securities, if applicable) issuable upon conversion of anyas applicable, and such shares of Series B Preferred Stock shall notcease to be deemed outstanding for any purpose, and the Holder(s) shall have no rights with respect to the Common Stock (and/or other securities, if applicable) issuable upon conversion (including voting rights, rights to respond to tender offers for the Common Stock (and/or other securities, if applicable) issuable upon conversion and rights to receive any dividends or other distributions on the Common Stock (and/or other securities, if applicable) issuable upon conversion) by virtue of holding shares of Series B Preferred Stock.conversion.
PriorThe Person(s) entitled to receive the Common Stock (and/or cash, securities or other property, if applicable) issuable upon conversion of Series B Preferred Stock shall be treated for all purposes as the record holder(s) of such shares of Common Stock (and/or other securities, if applicable) as of the Close of Business on the Mandatory Conversion Date or any applicable Conversion Date,Date. In the event that a Holder shall not by written notice designate the name in which shares of Common Stock (and/or cash, securities or other securities,property, if applicable) issuableand payments of cash in lieu of fractional shares, if any, and accrued and unpaid dividends, if any, to be issued or paid upon conversion of any shares of Series B Preferred Stock should be registered or paid or the manner in which such shares should be delivered, the Corporation shall not be deemed outstanding for any purpose,entitled to register and deliver such shares, and make such payments, in the Holder(s) shall have no rights with respect toname of the Common Stock (and/or other securities, if applicable) issuable upon conversion (including voting rights, rights to respond to tender offers forHolder and in the Common Stock (and/or other securities, if applicable) issuable upon conversion and rights to receive any dividends or other distributionsmanner shown on the Common Stock (and/or other securities, if applicable) issuable upon conversion) by virtuerecords of holding shares of Series B Preferred Stock.the Corporation.
Prior to the Close of Business onOn the Mandatory Conversion Date or any applicable Conversion Date, certificates representing shares of Common Stock (and/shall be issued and delivered to the Holder(s) or other securities, if applicable) issuabletheir designee upon conversionpresentation and surrender of any shares ofthe certificate evidencing the Series B Preferred Stock shall not be deemed outstanding for any purpose,to the Corporation and, if required, the furnishing of appropriate endorsements and transfer documents and the Holder(s) shall have no rights with respect to the Common Stock (and/or other securities, if applicable) issuable upon conversion (including voting rights, rights to respond to tender offers for the Common Stock (and/or other securities, if applicable) issuable upon conversionpayment of all transfer and rights to receive any dividends or other distributions on the Common Stock (and/or other securities, if applicable) issuable upon conversion) by virtue of holding shares of Series B Preferred Stock.similar taxes.
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