CCCPS definition

CCCPS means the 44,99,965 (Forty Four Lakhs Ninety Nine Thousand Nine Hundred and Sixty Five)- 0.001% Compulsorily Convertible Cumulative Preference Shares of Rs.10/- (Rupees Ten only) each of the Second Transferor Company.
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CCCPS compulsorily cumulative convertible preference shares of INR 1 (Indian Rupee One) each, which shall have the terms as set out in the Shareholders Agreement.
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CCCPS means the cumulative compulsorily convertible preference shares having face value of Rs. 2 (Rupees Two) each in the Transferor Company, with a coupon rate of 0.10% (Zero point One Zero per cent.), each compulsorily convertible into 1 (One) equity share having face value of Rs. 2 (Rupees Two) each of the Transferor Company, on or before the expiry of 18 (Eighteen) calendar months from the date of allotment, and outstanding as on the Record Date, if any.
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Examples of CCCPS in a sentence

  • The conversion of Series A1 CCCPS, Series A2 CCCPS, Series B CCCPS, and Series C CCCPS will be completed prior to filing the Red Herring Prospectus with the Registrar of Companies in accordance with Regulation 5(2) of the SEBI ICDR Regulations.

  • In case of non occurrence of QIPO within 3 years of the closing date, as defined in the terms of agreement between the parties, Investors have the right to require the Company to purchase the CCCPS or if converted, the equity shares in GEL at an agreed upon IRR.

  • The holders of the CCCPS shall be entitled to such voting rights as provided under applicable law, including the Companies Act.

  • After 18 months from the date of issue of CCCPS, the CCCPS shall be automatically converted into Equity Shares at the Conversion Price.

  • CCCPS are convertible into Equity Shares at any time within 18 month from the date of issue of CCCPS at a conversion price of Rs. 176 (the “Conversion Price”).

  • Motivation is one of the factors that contribute to academic success.

  • In event of failure to initiate and conclude an Initial Public Offering (IPO) within the agreement time frame, the CCCPS holders have rights and remedies as specified in the Agreement.

  • The conversion as stated aforesaid and the premium waiver was done to maintain optimum fair value per share at the time of conversion of CCCPS held by the PE investors.

  • The CCCPS holders are entitled to dividend of 0.0001% cumulative.

  • The CCCPS - Series C which shall be convertible, in part or full in the ratio of 1:100 viz.


More Definitions of CCCPS

CCCPS means fully and compulsorily convertible cumulative preference shares of par value of INR 100 (Indian Rupees One hundred) each and INR 15 (Indian Rupees Fifteen) each, as the case may be, and as issued by the Company on the terms and conditions set out in Article 104 herein;
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Related to CCCPS

  • Liquidation Preference means, with respect to any Series, the amount specified as the liquidation preference per share for that Series in the Appendix for such Series.

  • Holders means the holder or holders, as the case may be, from time to time of Registrable Securities.

  • Class A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.