Examples of B Investors in a sentence
The Company shall, within five (5) days of the expiration of the Series B Notice Period, provide written notice to the fully participating Series B Investors indicating the number of shares of Offered Stock not elected to be purchased by the other Series B Investors (the "Company B Option Notice").
If any Series B Investor elects to acquire less than such Investor’s pro rata portion of the available Securities, the other Series B Investors may acquire a pro rata portion of the balance of the remaining Securities, which is equal to the proportion that such other Series B Investor’s Series B Proportionate Percentage bears to the Series B Proportionate Percentage of all such other Series B Investors who wish to acquire any of the balance of the remaining Securities.
The rights of the Series B Investors may be waived in writing by the holders of a majority of the Series B Preferred Shares.
Each Series B Investor shall have the right to purchase that percentage of the Offered Stock determined by dividing (A) the total number of shares of Investor Stock then owned by such Series B Investor by (B) the total number of shares of Investor Stock then owned by all Series B Investors (in each case, calculated on an as converted to Common Stock basis).
If, on or prior to the date of this Agreement, any Shareholder of the Company is granted any privileges and/or rights under any agreements other than the Transaction Documents, the Series B Investors, the Series B+ Investors, the Series C Investors, the Series D Investors, the Series E Investors and the Series F Investors shall automatically be granted the same privileges and/or rights pari passu with such Shareholder of the Company.
The Company proposes to sell shares of the Company’s Series B Preferred Stock to the Series B Investors pursuant to the Series B Preferred Stock Purchase Agreement (the “Purchase Agreement”) of even date herewith (the “Financing”).
The Class A Investor and the Class B Investors hereby severally agree to make an additional contribution to Newco in cash equal to such Investor’s Pro Rata Share of the Deficit Amount, if any, within five business days following receipt of a written demand by Newco; provided that no Investor shall be obligated under this provision to pay an amount in aggregate in excess of such Investor’s Pro Rata Share of $5,000,000.
The Company shall cause CFFTI to be included as a party to that certain Investor Rights Agreement of even date herewith by and between the Company, Vertex Pharmaceuticals Incorporated and the Series B Investors, such Agreement to be substantially in the form previously provided to CFFTI as modified in the manner requested by CFFTI and otherwise in form and substance satisfactory to CFFTI.
All such documents shall be satisfactory in form and substance to the New Class B Investors and their counsel.
The reference monitor has access to a file, known as the security kernel database that lists the access privileges (security clearance) of each subject and the protection attributes (classification level) of each object.