Preferred Stock Equivalent definition

Preferred Stock Equivalent shall have the meaning set forth in Section 11(b) hereof.
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Preferred Stock Equivalent means any Convertible Security or warrant, option or other right to subscribe for or purchase any Additional Shares of Preferred Stock or any Convertible Security.
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Preferred Stock Equivalent has the meaning set forth in Section 11(b).
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Examples of Preferred Stock Equivalent in a sentence

  • For purposes of this Section 14(b), the current market value of one one-hundredth of a share of Preferred Stock or Preferred Stock Equivalent shall be the Current Market Price of a share of Common Stock (as determined pursuant to Section 11(d)(ii) hereof) for the Trading Day immediately prior to the date of such exercise.

  • In lieu of fractional shares of Preferred Stock that are not integral multiples of one one-hundredth of a share of Preferred Stock or Preferred Stock Equivalent, the Company may pay to the registered holders of Rights Certificates at the time such Rights are exercised as herein provided an amount in cash equal to the same fraction of the current market value of one one-hundredth of a share of Preferred Stock or Preferred Stock Equivalent.


More Definitions of Preferred Stock Equivalent

Preferred Stock Equivalent means an unfunded and unsecured right to receive Shares in the future that may be granted to a Service Provider pursuant to Section 11.
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Preferred Stock Equivalent means any outstanding warrant to purchase Preferred Stock to the extent that such warrant is vested and may be exercised in connection with the Merger on or before the Effective Time.
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Related to Preferred Stock Equivalent

  • Common Stock Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Common Stock, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Common Stock.

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

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