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").
The rights of the Series B Investors may be waived in writing by the holders of a majority of the Series B Preferred Shares.
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.
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.
Upon the sale of Additional Series B Shares to Additional Series B Investors in accordance with the Series B Purchase Agreement, the Company, without prior action on the part of any Investor, shall require each Additional Series B Investor to execute and deliver this Agreement.
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.
Each of the Class B Investors hereby appoints the Class A Investor to act as attorney-in-fact for such Class B Investor for the purpose of effecting the transfer of such Class B Investor’s limited partner interests in CDO III GP and any other documents in connection therewith.
All such documents shall be satisfactory in form and substance to the New Class B Investors and their counsel.
As a condition to the Financing, the Holders, the Series A Investors and the Series A-2 Investors desire to amend and restate the Prior Agreement in its entirety by entering into this Agreement to which the Series B Investors hereby join.