Purchased Preferred Stock definition

Purchased Preferred Stock shall have the meaning set forth in Section 2.2.

Purchased Preferred Stock means, with respect to each Purchaser, the number of shares of Series B Convertible Preferred Stock as set forth opposite such Purchaser’s name on Schedule A hereto.

Purchased Preferred Stock has the meaning set forth in the recitals to this Agreement.

Examples of Purchased Preferred Stock in a sentence

• On the Second Tranche Closing Date, in reliance upon the representations and warranties set forth below, the Company shall sell to LV, and LV shall purchase from the Company the Second Tranche of Purchased Preferred Stock for the Second Tranche Purchase Price (less any debt under the Grid Note that LCI requests be applied to the Purchase Price).

• Subject to the accuracy of the representations and warranties of the Purchaser contained in Section 4 hereof, the offer, issue and sale of the Purchased Preferred Stock, and the shares of Common Stock issuable upon conversion thereof, (i) are and will be exempt from the registration requirements of the Securities Act and (ii) are and will be issued in compliance with all applicable Federal and state securities laws.

• The Company, shall use the cash proceeds from the issuance of the Purchased Preferred Stock for development and working capital purposes as determined by the Board of Directors.

• Next: BE BiopharmaAnne Talkington, Computational Biology, 2019 – 2021.

• Make any filings necessary to perfect in a timely fashion exemptions from (i) the registration and prospectus delivery requirements of the Securities Act, and (ii) the registration or qualification requirements of all applicable securities or blue sky laws of any state or other jurisdiction, for the issuance of the Purchased Preferred Stock to the Purchaser.

More Definitions of Purchased Preferred Stock

Purchased Preferred Stock means the Series A Preferred Stock to be issued to JSTX pursuant to the Contribution Agreement and/or, as the context requires, the Series A Preferred Stock to be issued to Rocky Creek pursuant to the Asset Agreement.

Purchased Preferred Stock means, with respect to each Purchaser, the number of shares of Series A Preferred Stock as set forth opposite such Purchaser’s name on Schedule A hereto.

Purchased Preferred Stock has the meaning set forth in Section 2.2 of this Agreement.

Purchased Preferred Stock shall have the meaning set forth in the Subordinated Loan Documentation as in effect on the date hereof.

Purchased Preferred Stock means 65,000 shares of Series D Preferred Stock.

Purchased Preferred Stock means a number of shares equal to (a) the product of (i) Total Purchase Price multiplied by (ii) 101% and divided by (b) $1000.

Purchased Preferred Stock shall have the meaning assigned to such term in the recitals hereto.