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Series A-7 Preferred Stock definition

Series A-7 Preferred Stock means the shares of Series A-7 Preferred Stock, par value $0.00001 per share.
Series A-7 Preferred Stock has the meaning specified in Section 4.6(a).
Series A-7 Preferred Stock. As defined in the eighth recital hereof. This definition shall be inserted after the definition of “Series A-6 Warrants”

Examples of Series A-7 Preferred Stock in a sentence

  • The Corporation shall, at or prior to the --------------------- time of any conversion, take any and all action necessary to increase its authorized but unissued Class A Common Stock and to reserve and keep available out of its authorized but unissued Class A Common Stock, such number of shares of Class A Common Stock as shall, from time to time, be sufficient to effect conversion of the Series A-7 Preferred Stock.

  • KVH agrees that during this same time period, there shall be no lockouts.

  • At the option of the Corporation, up to fifty percent (50%) of the Optional Redemption Amount payable per share of Series A-7 Preferred Stock being redeemed may be paid in the form of a promissory note (each a "Redemption Note") payable to the order of and to be delivered to each holder on the Redemption Date with a maturity date for the payment of principal and interest not later than the first anniversary of the Redemption Date.

  • The shares of Series A-7 Preferred Stock held by any Non-Participating Holder shall not be transferable unless and until a legend covering the foregoing matters is affixed thereto.

  • The Corporation shall give at least twenty-five (25) days prior notice of a redemption by mail, postage prepaid, to each of the holders of record of the Series A-7 Preferred Stock.

  • The “Series A Original Issue Price” shall mean, $0.50, with respect to the Series A-1 Preferred Stock, $0.40, with respect to the Series A-2 Preferred Stock, $0.45, with respect to the Series A-3 Preferred Stock, $0.8055 with respect to the Series A-4 Preferred Stock, $0.8055 with respect to the Series A-5 Preferred Stock, $0.8055 with respect to the Series A-6 Preferred Stock or $0.8055 with respect to the Series A-7 Preferred Stock.

  • Upon the occurrence of each ----------------------------- adjustment or readjustment of the Conversion Price and the Anti-Dilution Price pursuant to this Section 6, the Corporation, at its expense, shall promptly compute such adjustment or readjustment in accordance with the terms hereof, and furnish to each holder of Series A-7 Preferred Stock a certificate setting forth the amount of such adjustment or readjustment and showing in detail the facts upon which such adjustment or readjustment is based.

  • The Board of Directors may, from time to time, authorize additional shares of Series A-7 Preferred Stock without any action of the stockholders of the Corporation for the purpose of complying with Sections 3.4(d), 3.5(f) or 5(j) of the Investor Rights Agreement (as hereinafter defined).

  • The Company has all requisite corporate power and authority to sell and issue the Common Stock issuable upon conversion of the Series A-7 Preferred Stock and the exercise of the Warrants (together, the “Conversion Shares”).

  • IDEC formerly had an option under the Option Agreement to cause Genentech to purchase shares of IDEC's Series A-7 Preferred Stock.


More Definitions of Series A-7 Preferred Stock

Series A-7 Preferred Stock means the Series A-7 Preferred Stock of Ucansi.
Series A-7 Preferred Stock means the Series A-7 Preferred -------------------------- Stock, par value $.001 per share, of the Company, and any security issued or issuable with respect to any Series A-7 Preferred Stock upon conversion thereof in accordance with its terms or by way of stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization or otherwise.

Related to Series A-7 Preferred Stock