Majority of the Series B Preferred Stock definition

Majority of the Series B Preferred Stock means more than 50% of the outstanding shares of Series B Preferred Stock.
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Majority of the Series B Preferred Stock means more than fifty (50%) percent of the then-outstanding shares of the Series B Preferred Stock.
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Examples of Majority of the Series B Preferred Stock in a sentence

  • With the written consent of Holders of a Majority of the Series B Preferred Stock, the obligations of the Company and the rights of the Holders under this Statement of Resolution may be waived (either generally or in a particular instance, either retroactively or prospectively and either for a specified period of time or indefinitely).

  • When the Corporation has cured or eliminated all Voting Switch Events to the reasonable satisfaction of the Holders of a Majority of the Series B Preferred Stock, then the holders of the Series B Preferred Stock shall be divested of the voting rights specified in Section 6(d).

  • Only 23 percent of Louisiana’s 4th graders scored at or above NAEP’s national benchmark of “proficient” (higher benchmark than Louisiana’s “basic”) in reading and only 26 percent scored at or above proficient in math.

  • With the written consent of Holders of a Majority of the Series B Preferred Stock, the obligations of the Company and the rights of the Holders under this Certificate of Designation may be waived (either generally or in a particular instance, either retroactively or prospectively and either for a specified period of time or indefinitely).

  • The affirmative consent of a Majority of the Series B Preferred Stock, voting as a separate series, shall be required to designate any series or class of preferred stock of the Company having a preference prior to the Series B Preferred Stock upon any liquidation, or having dividend rights prior in payment to the Series B Preferred Stock.

  • Notwithstanding any other provision of these Articles of Incorporation, unless otherwise required by law, the provisions of these Articles which set forth the rights, preferences and privileges of the Series B Preferred Stock may be amended by the vote or consent of the holders of a Majority of the Series B Preferred Stock and no other class or series of stock of the Company shall be required to vote upon or consent to such amendment.

Related to Majority of the Series B Preferred Stock

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

  • Series B Preferred Stock means shares of the Company’s Series B 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.

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

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

  • Series B Preferred means the Company’s Series B 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 A-1 Preferred Stock means shares of the Company’s Series A-1 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.

  • Preferred Stock as applied to the Capital Stock of any corporation, means Capital Stock of any class or classes (however designated) which is preferred as to the payment of dividends, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such corporation, over shares of Capital Stock of any other class of such corporation.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 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 D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 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 C Preferred means the Company's Series C Preferred Stock, par value $0.01 per share.

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

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

  • 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 G Preferred Stock means the Corporation's Series G Convertible Preferred Stock, par value $0.004 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 means the Series A Convertible Preferred Stock of the Company, par value $0.01 per share.

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