Series A-3 Preferred Shares definition

Series A-3 Preferred Shares means the Series A-3 preferred shares, par value US$0.00001 per share, of the Company, having such rights, privileges and powers as set forth in the Restated Articles;

Series A-3 Preferred Shares means Series A-3 Preferred Shares of the Company par value of US$0.0001 each.

Series A-3 Preferred Shares has the meaning specified in Clause 7.1 of the Memorandum.

Examples of Series A-3 Preferred Shares in a sentence

• If, upon any such liquidation, distribution, or winding up, the assets of the Company shall be insufficient to make payment of the foregoing amounts in full on all Series A-3 Preferred Shares, then such assets shall be distributed among the holders of Series A-3 Preferred Shares, ratably in proportion to the full amounts to which they would otherwise be respectively entitled thereon.

• The Series A-3 Preferred Shares shall have the rights, privileges and restrictions as set forth in the Fourth Amended and Restated Memorandum and Articles of Association of the Company in the form attached hereto as Exhibit A (the “Restated Articles”).

• Notwithstanding any provision to the contrary in this Agreement, the Parties hereby acknowledge and agree that Padmasree shall be able to tender of any of her Series A-3 Preferred Shares from time to time for all or a portion of any amounts due to the Company pursuant to the Loan and Security Agreement.

• The Loan and Security Agreement dated March 10, 2016 by and between the Company and Padmasree Warrior, pursuant to which the Company provided a loan to Padmasree Warrior, and Padmasree Warrior pledged to the Company and granted to the Company a first-priority lien upon 7,509,933 Series A-3 Preferred Shares held by Padmasree Warrior.

• The number of Ordinary Shares to which a holder shall be entitled upon conversion of each Series A-3 Preferred Share shall be the quotient of the Series A-3 Investment Price divided by the then effective Series A-3 Conversion Price (the “Series A-3 Conversion Price”), which shall initially be the Series A-3 Investment Price, resulting in an initial conversion ratio for Series A-3 Preferred Shares of 1:1, being no less than par value.

More Definitions of Series A-3 Preferred Shares

Series A-3 Preferred Shares means the Series A-3 Preferred Shares of US$0.0001 par value per share in the capital of the Company having the rights, preference and privileges attaching to it as set out herein.

Series A-3 Preferred Shares means the Series A-3 preferred shares (Vorzugsaktien der Serie A-3 / actions privilégiées série A-3) with a nominal value of CHF 0.10 each per Series A-3 Preferred Share, and having the preference rights set forth in the Articles of Association.

Series A-3 Preferred Shares means the Series A-3 Preferred Shares with a par value of US$0.0001 per share in the share capital of the Company.

Series A-3 Preferred Shares has the meaning set forth in Section 2.3(a).

Series A-3 Preferred Shares means one or more voting redeemable Series A-3 Preferred Shares in the capital of the Company with a nominal or par value of US$0.0001 each having the rights, preferences, privileges and restrictions set out in these Articles.

Series A-3 Preferred Shares means the A-3-1 Preferred Shares and the Series A-3-2 Preferred Shares collectively.

Series A-3 Preferred Shares means the Series A-3 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. The calculation of (i) the dividends under Article 8.1, (ii) the respective Aggregate Preference Amount under Article 8.2, (iii) the respective Conversion Price under Article 8.3, (iv) the voting rights under Article 8.4, and (v) the respective Redemption Price under Article 8.5 shall be made on an as-converted basis.