Future Preferred Stock definition

Future Preferred Stock means a series of preferred stock of the Company conveying to its holders rights and obligations substantially similar to those provided by the Company's Certificate of Designations for Series C Preferred Stock, as issued at the Effective Time (as defined in the Merger Agreement).
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Future Preferred Stock means a series of Preferred Stock of the Company conveying to its holders rights and obligations substantially similar to those provided by the Company's Certificate of Designations for Series C Preferred Stock, as issued on February [ ], 2001.
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Examples of Future Preferred Stock in a sentence

  • On January 23, 2002 (the "Mandatory Conversion Date"), each outstanding share of Series D Preferred Stock, shall be converted into such number of fully paid and nonassessable shares of Future Preferred Stock as is determined by dividing the Series D Total Value by the lessor of (i) $250.00 and (ii) the fair market value of a share of Future Preferred Stock.

  • No shares of any series of Originally Issued Future Preferred Stock will be issued in violation of the preemptive or other similar rights of any securityholder of the Company.

  • Upon either the consummation of a Qualified Equity Financing, or following the Mandatory Conversion Date, upon the determination of the fair market value of a share of Future Preferred Stock, the holder of any outstanding shares of Series D Preferred Stock shall surrender to the Company or any transfer agent of the Company the certificate or certificates for such shares.

  • The shares of each series of Future Preferred Stock as of the effective date of any applicable Pos Ex Future Preferred Amendment and as of each Representation Date will conform to the provisions of the Future Preferred Stock Articles applicable to such series.

  • The Future Preferred Stock Articles for each series of Future Preferred Stock as of the original issue date of each respective series and as of each Representation Date will comply with all applicable provisions of the 1940 Act and as of such dates will be in full force and effect.

  • All shares of each series of Originally Issued Future Preferred Stock upon such respective series’ original issue date and as of each Representation Date will be duly authorized and validly issued and will be fully paid and non-assessable.

  • The certificates for the shares of each series of Future Preferred Stock, as of the effective date of any applicable Pos Ex Future Preferred Amendment and as of each Representation Date will be in valid and legal form.

  • Until such time as a holder of shares of Series D Preferred Stock shall surrender his or its certificates therefore as provided above, such certificates shall be deemed to represent the shares of Qualified Equity Financing Stock or Future Preferred Stock, as applicable, to which such holder shall be entitled upon the surrender thereof.

  • The person in whose name the certificate or certificates for Alternative Equity Financing Stock or Future Preferred Stock, as applicable, are to be issued shall be deemed to have become a holder of record of such Alternative Equity Financing Stock or Future Preferred Stock, as applicable, on the Conversion Date.

  • Until such time as a holder of shares of Series D Preferred Stock shall surrender his or its certificates therefore as provided above, such certificates shall be deemed to represent the shares of Alternative Equity Financing Stock or Future Preferred Stock, as applicable, to which such holder shall be entitled upon the surrender thereof.

Related to Future 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.

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

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

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

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

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

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

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

  • 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.

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

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

  • Junior Preferred Stock means ML & Co.'s Series A Junior Preferred Stock, par value $1.00 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 F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • 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 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.

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

  • 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.

  • 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.

  • Parent Preferred Stock means the preferred stock, par value $0.01 per share, of Parent.

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

  • UST Preferred Stock means the Issuer’s Fixed Rate Cumulative Perpetual Preferred Stock, Series [●].

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