Class C Convertible Preferred Stock definition

Class C Convertible Preferred Stock means Holdings’ Series C Preferred Stock with the terms set forth in the Certificate of Designation of Series C Preferred Stock originally filed with the Nevada Secretary of State on October 30, 2006.
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Class C Convertible Preferred Stock is defined in Section 2.2(a).
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Class C Convertible Preferred Stock means the Series C-1 Voting Convertible Preferred Stock together with the Series C-2 Non-Voting Convertible Preferred Stock.
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Examples of Class C Convertible Preferred Stock in a sentence

  • So long as the outstanding Class C Convertible Preferred Stock represents at least 5% of the outstanding Common Stock of the Corporation (assuming the conversion of all outstanding Preferred Stock), the holders of the Class C Convertible Preferred Stock, acting as a separate class, shall be entitled to elect one director of the Corporation (the "Class C Director").

  • Each certificate previously representing shares of Class A Junior Preferred Stock, Class B Senior Preferred Stock and Class C Convertible Preferred Stock, as applicable, outstanding immediately prior to the Conversion Time, shall represent from and after the Conversion Time the number of shares of Common Stock as determined in accordance with this Section 3 of ARTICLE FOUR, and such shares of Common Stock shall have the rights specified herein.

  • The applicant shall maintain good order and discipline during the activity.

  • No fractional shares of Common Stock will be issued upon the conversion of Class A Junior Preferred Stock, Class B Senior Preferred Stock and Class C Convertible Preferred Stock to Common Stock, as set forth in Section 3 of ARTICLE FOUR.

  • Class C Convertible Preferred Stock On January 7, 2015, the Company filed a Certificate of Designations for the creation of a class of Series C Preferred Stock with the Nevada Secretary of State.

  • The shares of such series shall be designated as Class C Convertible Preferred Stock (the "Class C Preferred Stock") and the number of shares constituting such series shall be 600,000 and the stated value of the Class C Preferred Stock shall be $1.50 per share.

  • In lieu of fractional shares, the Corporation shall, at its option, (a) pay cash equal to such fractional amount multiplied by the IPO Price, or (b) issue the nearest whole number of shares of Common Stock, rounding up, issuable upon conversion of the Class A Junior Preferred Stock, Class B Senior Preferred Stock and Class C Convertible Preferred Stock, as applicable.

  • Dividends on the Class C Convertible Preferred Stock are cumulative at a rate of 8% per annum.

  • Holdings will pay all Dividends on its Qualified Preferred Stock (other than Class C Convertible Preferred Stock) solely through the issuance of additional shares of such Qualified Preferred Stock (but not in cash); provided that in lieu of issuing additional units of such Qualified Preferred Stock as Dividends, Holdings may increase the liquidation preference of the units of the Qualified Preferred Stock in respect of which Dividends have accrued.

  • Each holder of the Class C Convertible Preferred Stock must cast all of his or her votes in the same manner on any particular matter, or not at all.


More Definitions of Class C Convertible Preferred Stock

Class C Convertible Preferred Stock means the Company’s Class C Convertible Preferred Stock, $0.01 par value.
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Related to Class C Convertible Preferred Stock

  • Series B Convertible Preferred Stock means the Series B Convertible Preferred Stock, $.01 par value, of the Corporation.

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

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

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

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

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

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

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

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 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 Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

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

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

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

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

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

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

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

  • Senior Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

  • Safe Preferred Stock means the shares of the series of Preferred Stock issued to the Investor in an Equity Financing, having the identical rights, privileges, preferences and restrictions as the shares of Standard Preferred Stock, other than with respect to: (i) the per share liquidation preference and the initial conversion price for purposes of price-based anti-dilution protection, which will equal the Conversion Price; and (ii) the basis for any dividend rights, which will be based on the Conversion Price.

  • New Preferred Stock means the Convertible Series A Preferred Stock and the Series B Preferred Stock.

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

  • Voting Preferred Stock means, with regard to any election or removal of a Preferred Stock Director (as defined in Section 8(b) below) or any other matter as to which the holders of Series E are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series E) that rank equally with Series E 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 G Preferred Stock means the Corporation's Series G Convertible Preferred Stock, par value $0.004 per share.

  • 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.