Convertible Preferred definition

Convertible Preferred is presented on an as-converted basis, and the 281,120 shares presented in the Creative Realities, Inc. column are shares issued as in-kind dividends in connection with a 12/31/2014 dividend payment. (2) “Debt Conversions” are common shares issued upon the conversion of debt that took place coincident with the closing of the merger transaction with Creative Realities, LLC in August 2014. Thus, those shares should be understood as being issued and outstanding. Schedule 3.1(j) Actions

Convertible Preferred means the convertible preferred stock of --------------------- the Company, par value $.001 per share, having the rights and preferences set forth in the Original Certificate of Designation.

Convertible Preferred or "Convertible Preferred Stock"), convertible into common stock of the Company ("Common" or "Common Stock"). -------------------------------------------------------------------------------- Share price: The price per share shall be the lesser of $0.10 per share or 35% discount to the average closing price during the twenty trading days prior to closing; provided, however, that in no event will the price per share be less than $.04. The share price provided herein is subject to adjustment for dividends, splits, etc. -------------------------------------------------------------------------------- Amount of Issuance: Up to $40 million (including any shares issuable upon conversion of Bridge Funding, but not including any shares issuable upon exercise of warrants, options, and similar instruments or obligations) (the "Maximum Issuance"), in one or more tranches. -------------------------------------------------------------------------------- Minimum Issuance: The Company's obligation to issue the Convertible Preferred Stock shall be subject to the requirements set forth in Section 3.5 of the Recapitalization Agreement. -------------------------------------------------------------------------------- First Closing: First closing ("First Closing") to occur upon completion of Bridge Period, documentation and fulfillment of conditions to closing.

Examples of Convertible Preferred in a sentence

• If any shares of Preferred Stock shall be converted, redeemed or reacquired by the Corporation, such shares shall resume the status of authorized but unissued shares of preferred stock and shall no longer be designated as Series A Convertible Preferred Stock.

• No fractional shares of Common Stock will be issued to holders of the Convertible Preferred Stock upon conversion.

• Each share of Convertible Preferred Stock shall be identical in all respects to every other share of Convertible Preferred Stock.

• The Company shall have the authority to issue fractional shares of Convertible Preferred Stock.

• All shares of Common Stock delivered upon conversion of the Convertible Preferred Stock shall be duly authorized, validly issued, fully paid and non-assessable, free and clear of all liens, claims, security interests and other encumbrances (other than liens, charges, security interests and other encumbrances created by the Holders).

More Definitions of Convertible Preferred

Convertible Preferred means, collectively, the Series B Preferred and Series D Preferred.

Convertible Preferred has the meaning set forth in the preamble.

Convertible Preferred means the Series A Convertible Preferred, the Series B Convertible Preferred, the Series C Convertible Preferred and the Series D Convertible Preferred.

Convertible Preferred means the holders of Series A Cumulative Convertible Shareholders” Preferred Shares of nominal value of HK$9.175 each issued by the Company;

Convertible Preferred means the 600 shares of Series B --------------------- Convertible Preferred Stock, the terms of which are set forth in the Certificate of Designation in the form of Exhibit A hereto, to be issued to the Investors pursuant to this Agreement.

Convertible Preferred is defined in the Recitals.

Convertible Preferred shall have the meaning as defined in Section 1.1.