Closing Preferred Shares definition

Closing Preferred Shares shall have the meaning ascribed to such term in Section 2.1(a)(ii).
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Closing Preferred Shares has the meaning set forth in Section 2.2(b).
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Closing Preferred Shares has the meaning assigned to it in the recitals hereof.
Sample 1

Examples of Closing Preferred Shares in a sentence

  • The Company has reserved from its duly authorized capital stock the maximum number of shares of Common Stock issuable pursuant to the Closing Preferred Shares, the Closing Warrants, the Underwriters’ Preferred Shares and the Underwriters’ Warrants.

  • On each Closing Date (as defined below), each Buyer --------------- shall pay the purchase price for the Closing Preferred Shares and the Closing Warrants to be issued and sold to it at each respective Closing.

  • Upon the terms and subject to the conditions contained herein (including without limitation the conditions relating to the HSR Act), as consideration for the purchase of the Second Closing Preferred Shares, on the Second Closing Date the Purchaser shall convert all of its shares of Series A Preferred Stock into the Second Closing Preferred Shares.

  • Upon receipt of any such payment from Buyer, in the event and to the extent that Seller still holds any portion of the Closing Preferred Shares, then Seller shall assign and surrender to Buyer any such shares on or before AUGUST 1, 2022.

  • Name: Title: Address for Notice: 4000 Xxxxxxxx Xxxx., 00xx Xxxxx Xxxxx, Xxxxxxx 00000 Attn: General Counsel Copy to: Ellenoff Gxxxxxxx & Schole LLP 1000 Xxxxxx xx xxx Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Facsimile: (000) 000-0000 Attention: Jxxxxx Xxxxx Underwriters Closing Shares Closing Preferred Shares Closing Warrants Closing Purchase Price Ladenburg Txxxxxxx & Co. Inc.

  • The Initial Closing Preferred Shares and all other shares of the Series A Preferred Stock shall have the rights, powers, preferences and privileges set forth in the Certificate of Designations (the “Certificate of Designations”) attached as Exhibit B.

  • At the Initial Closing, the Company shall deliver to the Investors certificates representing that number of Initial Closing Preferred Shares set forth in Section 2.1 against payment of the Initial Closing Purchase Price by wire transfer of immediately available funds to an account designated by the Company in advance of the Initial Closing Date.

  • Upon the terms and subject to the conditions contained herein, on the Second Closing Date the Company shall sell to the Purchaser and the Purchaser shall purchase from the Company the Second Closing Preferred Shares.

  • At the Second Closing, the Company shall issue and deliver to the Purchaser Certificates evidencing the Second Closing Preferred Shares in the names of the Persons comprising the Purchaser (or their assignees), in the respective amounts as set forth in a written notice provided to the Company by the Purchaser 24 hours in advance of the Second Closing, and the Purchaser shall deliver to the Company certificates evidencing the shares of Series A Preferred Stock.

  • The Company shall use the proceeds from the sale of the Closing Preferred Shares for working capital and general corporate purposes.


More Definitions of Closing Preferred Shares

Closing Preferred Shares has the meaning set forth in Section 3.4(a).
Sample 1
Closing Preferred Shares means the number of shares of Parent Preferred Stock equal to the Parent Preferred Stock Amount divided by the Preferred Stock Price.
Sample 1

Related to Closing Preferred Shares

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

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

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

  • 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.

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

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$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 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.

  • Buyer Preferred Stock means the preferred stock, par value $0.001 per share, of Buyer.

  • Purchaser Preferred Stock means the shares of preferred stock, par value $0.0001 per share, of the Purchaser.

  • Series A-1 Preferred Shares means the Company’s series A-1 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.

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

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

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

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

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

  • Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.

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

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

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

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

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

  • Company Preferred Shares means, collectively, the Company Series A-1 Preferred Shares, the Company Series A-2 Preferred Shares, the Company Series B Preferred Shares, and the Company Undesignated Preferred Shares.

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