Class B Convertible Preferred Shares definition

Class B Convertible Preferred Shares means, subject to Article 8, fully paid and non-assessable shares of Puget’s Class B Convertible Preferred Stock as presently constituted;
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Class B Convertible Preferred Shares where used in this Indenture will be interpreted to mean securities of any class or classes which, as a result of such adjustment and all prior adjustments pursuant to this §4.1, the Registered Warrantholder is entitled to receive upon the exercise of his Warrant, and the number of Class B Convertible Preferred Shares indicated by any exercise made pursuant to a Warrant will be interpreted to mean the number of Class B Convertible Preferred Shares or other property or securities a Registered Warrantholder is entitled to receive, as a result of such adjustment and all prior adjustments pursuant to this §4.1, upon the full exercise of a Warrant.
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Class B Convertible Preferred Shares means the 1.8% Class B convertible preferred shares in the capital of Points;
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Examples of Class B Convertible Preferred Shares in a sentence

  • The Debenture Indenture contains provisions for the adjustment of the Conversion Price payable for each Class B Convertible Preferred Share upon the conversion of Debentures and the number of Class B Convertible Preferred Shares issuable upon the conversion of Debentures in the events and in the manner set forth therein.

  • The Debenture Indenture contains provisions making binding on all holders of Debentures outstanding thereunder resolutions passed at meetings of holders of Debentures held in accordance with the provisions of the Debenture Indenture and instruments in writing signed by Debenture holders of Debentures entitled to purchase a specific majority of the Class B Convertible Preferred Shares that can be purchased pursuant to such Debentures.

  • Conversion of the Debentures may be affected under the laws of the United States in reliance on the exemptive provisions of Section 3(a)(9) of the Securities Act, however, the shares of Class B Convertible Preferred Shares received on conversion will be restricted securities and may not be transferred unless registered pursuant to Section 5 of the Securities Act or pursuant to an exemption from such registration requirement pursuant to exemptive provisions provided under Sections 3 and 4 thereof.

  • Non-United States persons may convert their Debentures and the Class B Convertible Preferred Shares in compliance with Commission Regulation S and the laws of their respective jurisdictions.

  • Certificates for the Class B Convertible Preferred Shares subscribed for will be mailed to the persons specified in the Conversion Form at their respective addresses specified therein or, if so specified in the Conversion Form, delivered to such persons at the office of the Debenture Agent where this Debenture Certificate is surrendered.

  • FURTHER RESOLVED, that the Class B Convertible Preferred Shares shall be entitled to the relative rights and preferences described in the attached Exhibit A.

  • By causing a Book Entry Only Participant to deliver notice to the Depository, a Debenture holder will be deemed to have irrevocably surrendered his or her Debentures so converted and appointed such Book Entry Only Participant to act as his or her exclusive settlement agent with respect to the conversion and the receipt of Class B Convertible Preferred Shares in connection with the obligations arising from such conversion.

  • Neither the Debentures nor the Class B Convertible Preferred Shares issuable upon conversion hereof have been or will be registered under the Securities Act or any applicable securities laws of any state of the United States.

  • In such cases, the holder will seek restoration of the Debenture directly from Puget and subsequently, Puget, upon surrender to Puget or the Debenture Agent of any Class B Convertible Preferred Shares that may have been issued, or such other procedure as agreed to by the parties, will instruct the Debenture Agent in writing, to cancel the conversion transaction and any such Class B Convertible Preferred Shares on the register, which may have already been issued upon the Debenture conversion.

  • Such registration statement shall be kept current and effective for the greater of (i) a period of at least twelve (12) months from the Closing Date and (ii) a period of at least ninety (90) days after (x) all of the Class B Convertible Preferred Shares shall have been converted into Converted Common Shares or redeemed and (y) the Agent's Warrant and the Agent's Warrant shall have been fully exercised or expired.


More Definitions of Class B Convertible Preferred Shares

Class B Convertible Preferred Shares means the Class B convertible preferred shares in the capital of the Corporation and any other securities issued or issuable thereon or in respect thereof (whether by way of a share dividend or share split or in exchange for or upon conversion of such shares or otherwise in connection with a combination of shares, distribution, recapitalization, merger, consolidation or other corporate reorganization), and for greater certainty, a reference to Class B Convertible Preferred Shares includes Common Shares issued on conversion of such Class B Convertible Preferred Shares.
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Related to Class B Convertible Preferred Shares

  • Series B Convertible Preferred Stock means the Series B Convertible Preferred Stock, $0.01 par value per share, of the Corporation.

  • Series A Convertible Preferred Stock means the Series A Convertible Preferred Stock, $0.001 par value per share, of the Corporation.

  • Convertible Preferred Stock has the meaning set forth in the recitals.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class A Preferred Stock means the Class A Preferred Stock of the Company, par value $0.0001 per share.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Mandatorily Convertible Preferred Stock means cumulative preferred stock with (a) no prepayment obligation on the part of the issuer thereof, whether at the election of the holders or otherwise, and (b) a requirement that the preferred stock convert into Common Stock of the Corporation within three years from the date of its issuance at a conversion ratio within a range established at the time of issuance of the preferred stock.

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Series E Preferred Stock means shares of the Company’s Series E Preferred Stock, par value $0.0001 per share.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 per share.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Voting Preferred Stock means, with regard to any matter as to which the holders of Series T are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series T) that rank equally with Series T either as to the payment of dividends or as to the distribution of assets upon liquidation, dissolution or winding up of the Corporation and upon which like voting rights have been conferred and are exercisable with respect to such matter.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.