Additional Series B Preferred Shares definition

Additional Series B Preferred Shares means the Series B Preferred Shares to be issued to the Investor pursuant to the terms and subject to the conditions of this Agreement at Closing Date.
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Additional Series B Preferred Shares shall have the meaning provided in the Certificate of Designations.
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Additional Series B Preferred Shares means that certain number of Additional Series B Preferred Shares issued by the Company.
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Examples of Additional Series B Preferred Shares in a sentence

  • Notwithstanding anything herein to the contrary, in no event shall the Corporation's issuance and sale of Additional Series B Preferred Shares pursuant to the Purchase Agreement constitute an issuance of New Securities hereunder.

  • Subject to the terms and conditions of this Agreement, the Investor hereby agrees to subscribe at the Closing and the Company hereby agrees to allot and issue to the Investor at the Closing, such number of Additional Series B Preferred Shares as set forth opposite the name of the Investor in Schedule II (the “Subscription Shares”) at the per share price of US$ 734.37.

  • The Ordinary Shares issuable upon conversion of the Additional Series B Preferred Shares subscribed under this Agreement, upon issuance in accordance with the terms of the Memorandum and Articles, will be duly and validly issued, and fully paid, and will be free of any Liens and/or restrictions on transfer other than such restrictions on transfer as may be imposed by the Transaction Documents.

  • The Additional Trustees shall be elected at any annual meeting of shareholders or special meeting held in place thereof, or at a special meeting of the holders of the Series B-1 Preferred Shares and Additional Series B Preferred Shares called as hereinafter provided.

  • The number of Trustees shall be increased by such number so that the Additional Trustees to be so elected by the holders of Series B-1 Preferred Shares and Additional Series B Preferred Shares, together with the Trustees elected by the holders of Series B-1 Preferred Shares pursuant to Section 9(a), shall constitute no less than one-third of the entire Board of Trustees.

  • Notwithstanding the foregoing, at the written request of the holders of a majority of the issued and outstanding shares of Series B Preferred Stock, the Corporation shall, commencing on the first Series B Preferred Dividend Payment Date after such request and ending on the Series B Preferred Cash Pay Date, be required to pay all dividends on shares of Series B Preferred Stock by the issuance of Additional Series B Preferred Shares of Series B Preferred Stock ("Additional Series B Preferred Shares").

  • In the event the Company grants rights substantially similar to the Co-Investment Right to any purchaser of Additional Series B Preferred Shares, the Participation shall be increased to such percentage as shall equitably maintain the Co-Investment Rights of the Investors (which, in the event of $34 million in Liquidation Preference (as defined in the Certificate of Designations) of Additional Series B Preferred, shall mean 34.34%).

  • For the purposes of determining the number of Additional Series B Preferred Shares to be issued as dividends pursuant to this subsection (b)(ii), such Additional Series B Preferred Shares shall be valued at their Series B Preferred Applicable Liquidation Value as provided in Section 4.05(c).

  • Except with respect to the issuance and sale of Additional Series B Preferred Shares, all corporate action required to be taken by the Company for the authorization, issuance, sale and delivery of the Purchased Shares, the execution and delivery of the Transaction Documents and the consummation of the transactions contemplated thereby shall have been validly taken.

  • In the event the Company grants rights substantially similar to the Co-Investment Right to any purchaser of Additional Series B Preferred Shares, the Participation shall be increased to such percentage as shall equitably maintain the Co-Investment Rights of the Investors (which, in the event of $25 million in Liquidation Preference (as defined in the Certificate of Designations) of Additional Series B Preferred, shall mean 34.347%).


More Definitions of Additional Series B Preferred Shares

Additional Series B Preferred Shares means, with respect to each Purchaser, a number of additional Series B Preferred Shares such that, when multiplying the number of such Series B Preferred Shares by the Series B Preferred Stock Purchase Price, the result is less than or equal to the amount under the “Remaining Unfunded Commitment Amount” column set forth opposite such Purchaser’s name on Schedule A, with any fractional Series B Preferred Shares being rounded up to the nearest whole number of Series B Preferred Shares.
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Related to Additional Series B Preferred Shares

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • Company Series B Preferred Stock means the Series B Preferred Stock, par value $0.0001 per share, of the Company.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.

  • Series B Preferred means the Company's Series B Preferred Stock, par value $0.01 per share.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series B Preferred Units means the Partnership's 8 5/8% Series B Cumulative Redeemable Partnership Units.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.0001 per share, of the Company.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 per share.

  • Series E Preferred Stock means shares of the Company’s Series E Preferred Stock, par value $0.0001 per share.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.

  • Series C Preferred means all shares of the Series C Preferred Stock, $0.001 par value per share, of the Company.