Additional Ordinary Shares definition
Examples of Additional Ordinary Shares in a sentence
The rights of first refusal established by this Section 4 shall have no application to shares excepted from the definition of Additional Ordinary Shares (as defined in the Constitution).
No adjustment in the Series B Conversion Price of a particular Series B Preference Share shall be made in respect of the issuance of Additional Ordinary Shares unless the consideration per share for an Additional Ordinary Share issued or deemed to be issued by the Company is less than the Series B Conversion Price in effect on the date of, and immediately prior to such issue.
The Company agrees and covenants that it shall not, and shall direct its transfer agent not to, register the transfer of any Ordinary Shares or Additional Ordinary Shares except in accordance with the provisions of Section 2.
No adjustment in the Series C Conversion Price of a series C Preference Share shall be made in respect of the issuance of Additional Ordinary Shares unless the consideration per share for an Additional Ordinary Share issued or deemed to be issued by the Company is less than the Series C Conversion Price in effect on the date of, and immediately prior to such issue.
No adjustment in the Series A Conversion Price shall be made in respect of the issuance of Additional Ordinary Shares unless the consideration per share for an Additional Ordinary Share issued or deemed to be issued by the Company is less than the Series A Conversion Price in effect on the date of and immediately prior to such issue.