Majority Series B Preferred Shareholders definition

Majority Series B Preferred Shareholders means the holders representing more than fifty percent (50%) of, the Series B Preferred Shares then outstanding, voting as a single class on an as converted basis.

Majority Series B Preferred Shareholders means the Preferred Shareholders that hold more than 50% of the then outstanding Series B Preferred Shares.

Majority Series B Preferred Shareholders means the holders of more than fifty percent (50%) of the Series B Preferred Shares then outstanding, voting as a single class on an as-converted basis.

Examples of Majority Series B Preferred Shareholders in a sentence

• Europe is already strong in this area with excellence in user interface design, intelligent agents, multilinguality, thesauri, domain ontologies, language syntax and semantics.

More Definitions of Majority Series B Preferred Shareholders

Majority Series B Preferred Shareholders means holders of at least fifty percent (50%) of the voting power of the then outstanding Series B Preferred Shares (on a fully diluted basis).