Examples of Series Seed Preferred Shares in a sentence
Each of the Holding Companies and Angel Investors shall be solely responsible for any Tax arising out of or in connection with the sale by such Holding Company or Angel Investor of its Purchased Ordinary Shares or Purchased Series Seed Preferred Shares, as applicable, to Cherubic Ventures SSG Ltd.
For the avoidance of doubt, this condition of the Company’s obligation at the Closing shall only be applicable to the closing of the purchase and sale of the Purchased Series Seed Preferred Shares pursuant to Section 2.2(iii), and not the closing of the purchase and sale of any other Purchased Shares.
Series Seed Preferred Shares 79,430 $749,993.31 Cherubic Ventures SSG II Ltd.
The Company shall have received from each Angel Investor a duly executed instrument of transfer in favor of the Cherubic Purchasers for the Series Seed Preferred Shares to be sold by such Angel Investor at the Closing.
Except for the conversion privileges of the Series Seed Preferred Shares, Series A Preferred Shares, Series B Preferred Shares, Series C Preferred Shares, Class B Ordinary Shares or as provided in this Agreement or other Transaction Documents, there are no options, warrants, conversion privileges or other rights, or agreements with respect to the issuance thereof, presently outstanding to purchase any of the Equity Securities of the Company.