Additional Preferred Shares definition
Additional Preferred Shares means any Class A Preferred Shares issued or issuable directly or indirectly with respect to or on account of the Initial Preferred Shares, including Class A Preferred Shares issued by way of share dividend or distribution, stock split or other subdivision or in a combination of stock, recapitalization, reclassification, merger, amalgamation, consolidation or similar capital transactions.
Additional Preferred Shares means all Preferred Shares issued after the Initial Issuance Date.
Additional Preferred Shares shall have the meaning attributable to it in Section 1.02 of the Agreement.
Examples of Additional Preferred Shares in a sentence
The parties acknowledge and agree that the expectation is for the Purchasers to purchase an aggregate of $10,000,000 of aggregate Stated Value of the Additional Preferred Shares on each Optional Purchase Date and the parties shall work together in good faith towards the Purchasers’ subscription for such Additional Preferred Shares pursuant to the terms herein; provided, that, the foregoing shall not constitute a binding obligation by the Purchasers to purchase any Additional Preferred Shares.
Each Purchaser shall give the Company not less than five (5) Trading Days’ written notice of its intention to purchase Additional Preferred Shares.
More Definitions of Additional Preferred Shares
Additional Preferred Shares has the meaning set forth in the recitals hereof.
Additional Preferred Shares means additional shares of Series A Preferred paid as a dividend on shares of Series A Preferred in accordance with Section 3(a)(i).
Additional Preferred Shares means, and are hereby replaced with, the Additional Series D Shares;
Additional Preferred Shares means additional shares of Series B Preferred Stock paid as a dividend on the Series B Preferred Stock in accordance with Section 2(a)(ii).
Additional Preferred Shares means (i) any series of preferred stock issued pursuant to the Purchase Agreement, as the same may be amended or modified from time to time, other than the Series A Preferred Shares, and (ii) any other securities into which or for which any of the securities described in clause (i) above may be converted or exchanged pursuant to or arising from a plan of recapitalization, merger, sale of assets or otherwise.
Additional Preferred Shares shall have the meaning set forth in Section 2.2.
Additional Preferred Shares means shares of Additional Preferred Stock issued under the circumstances contemplated by Section 3.4.