Series 1 Preferred definition

Series 1 Preferred means the Company's Series 1 Convertible Preferred Stock, par value $.01 per share, which Series 1 Preferred Stock is convertible into shares of Common Stock.

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Series 1 Preferred means the 9,029,447 shares of Series 1 Convertible Participating Preferred Stock, par value $0.001 per share, of the Company, that are convertible, after giving effect to the Transaction, into 9,029,447 shares of Common Stock.

Series 1 Preferred means, collectively, the Series 1-A Convertible Preferred Stock and the Series 1-B Convertible Preferred Stock.

Examples of Series 1 Preferred in a sentence

Any such Certificates will bear the restrictive legend set forth in Section 4.05(e) of the Series 1 Preferred Unit Purchase Agreement.
If at any such meeting the Holders of at least 25% of the then Outstanding Series 1 Preferred Limited Partnership Units are not present or represented by proxy within one half hour after the time appointed for such meeting, then the meeting shall be adjourned to such date not less than 5 days thereafter and to such time and place as may be designated by the chairman of such meeting, and no notice need be given of such adjourned meeting.
In accordance with the terms and limitations of such Preferred Units, each Series 2 Preferred Limited Partnership Unit may be reclassified into a Series 1 Preferred Limited Partnership Unit.
Such payment shall be made by cheque payable at par at any branch in Canada of the Partnership’s bankers for the time being or by any other reasonable means the Partnership deems desirable and shall be a full and complete discharge of the Partnership’s obligation to pay the Redemption Price owed to the Holders of Series 1 Preferred Limited Partnership Units so called for redemption unless the cheque is not honoured when presented for payment.
Series 1 Preferred Limited Partnership Units are not subject to the operation of a sinking fund.
At such adjourned meeting, the Holders of Series 1 Preferred Limited Partnership Units represented in person or by proxy may transact the business for which the meeting was originally called and the Holders of Series 1 Preferred Limited Partnership Units then represented in person or by proxy shall form the necessary quorum.
The Partnership shall give notice in writing not less than 25 days nor more than 60 days prior to the applicable Series 1 Reclassification Date of its intention to redeem such Series 1 Preferred Limited Partnership Units to each person who at the date of giving such notice is the Holder of Series 1 Preferred Limited Partnership Units to be redeemed.
Such notice shall set out the number of such Series 1 Preferred Limited Partnership Units held by the person to whom it is addressed which are to be redeemed and the Redemption Price and shall also set out the date on which the redemption is to take place.
The Partnership may not redeem any of the Series 1 Preferred Limited Partnership Units prior to June 30, 2020.
Holders of Series 1 Preferred Limited Partnership Units shall not have any rights of preemption with regard to any Partnership Interests.

More Definitions of Series 1 Preferred

Series 1 Preferred has the meaning set forth in the recitals hereto, provided, that for the purposes of Articles II and III hereof "Series 1 Preferred" (including any defined term used in such Articles incorporating the term "Series 1 Preferred") shall include the Series 2 Preferred to the same extent and degree as the Series 1 Preferred."

Series 1 Preferred has the meaning set forth in Section 2.3(a).

Series 1 Preferred shall have the meaning set forth in Section 4.1(b)(i).