Series B Shares. A total of 30,308,284 authorized series B preferred shares of par value US$0.00025 per share (the “Series B Shares), of which 30,308,284 are in issue and outstanding.
Series B Shares. Issuer: Banro Corporation (“Banro”). Issue Size: 1,200,000 preferred shares, series B (the “Series B Shares”). One Series B Share will be issued with each Barbados Preferred Share.
Series B Shares. Series B Shares" --------------- shall mean the 71,376,124 Class II shares of Series B Common Stock, no par value, of G-Modelo authorized for issuance upon conversion of shares of G-Modelo capital stock as provided in the Amended G-Modelo By-laws.
Series B Shares. The REIT Merger shall have no effect on the Company’s outstanding Series B Cumulative Redeemable Preferred Shares of Beneficial Interest, par value $0.01 per share (the “Series B Shares”), and, at and after the REIT Effective Time, the Series B Shares shall be the outstanding Series B Shares of the Surviving Entity.
Series B Shares. The Series B Shares shall have the powers, rights, preferences and privileges set forth in the Series B Certificate of Designations.
Series B Shares. Subject to Section 4.6, each Series B Share issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder of such Series B Shares, be converted into one share of Series B convertible preferred stock, par value $0.0001 per share, of the Surviving Corporation (the “Series B Treatment”).
Series B Shares. The Exchanging Stockholder owns beneficially and of record all of the Series B Shares. The Series B Shares are, and when delivered by the Exchanging Stockholder to the Company pursuant to this Agreement will be, free and clear of any and all mortgages, pledges, liens, encumbrances or other charges (collectively, "Encumbrances"), other than Encumbrances, if any, resulting from this Agreement.
Series B Shares. At or prior to the Initial Closing, the Company shall have filed the Certificate of Designation with the Secretary of State of Delaware.
Series B Shares. A total of 39,485,114 authorized Series B Shares, none of which are issued and outstanding. The rights and preferences of the Preferred Shares are set forth in the Second Amended and Restated Memorandum and Articles of Association of the Company. Each of the Preferred Shares is convertible into Ordinary Shares on an initial ratio of 1:1, and no issuances have been made prior to the date hereof, or will be made prior to the Closing, which has had, or should have had, the effect of modifying the conversion ratio of any Preferred Shares.
Series B Shares. The term “Series B Shares” shall mean Company’s issued and outstanding Series B shares. Each Series B share shall have a par value of Pesos $1,000.
