Series A CCPS definition

Series A CCPS means series A compulsorily convertible cumulative preference shares of the Company, having a face value INR 10 (Indian Rupees Ten) per share and issued at a premium of INR 18,842.38 (Indian Rupees Eighteen Thousand Eight Hundred and Forty Two and Thirty Eight Paise).
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Series A CCPS means the (i) Tranche 1 Series A CCPS; and (ii) Tranche 2 Series A CCPS;
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Series A CCPS means the (i) Tranche 1 Series A CCPS; and (ii) Tranche 2 Series A CCPS (if subscribed to by the Investors in terms of clause 7of the SSA);
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Examples of Series A CCPS in a sentence

  • It is clarified that the Proparco CCPS shall have priority and preference over the Series A CCPS, Series B CCPS, Series C CCPS, Series D CCPS, Series F CCPS, Series H CCPS and Equity Shares issued by the Company, and the proceeds shall not be distributed to Series A CCPS, Series B CCPS, Series C CCPS, Series D CCPS, Series F CCPS, Series H CCPS and Equity Shares unless Proparco CCPS has received its applicable Senior Liquidation Price.

  • The Series A CCPS shall have a face value of INR 10 (Indian Rupees Ten).

  • The dividends payable on the Series A CCPS shall be senior to dividend payments to holders of other Equity Shares of the Company.

  • Unless converted in accordance with the terms of this Schedule C, the Articles of the Company and applicable Laws, the term of the Series A CCPS shall be a maximum of 19 (nineteen) years from the date of issue of Series A CCPS.

  • The Series A CCPS will be convertible into Equity Shares of the Company at a conversion ratio of 1:1 (the “Conversion Factor”), without being required to pay any amount for such conversion.


More Definitions of Series A CCPS

Series A CCPS means the Series A non-cumulative compulsorily convertible preference shares in the Share Capital of the Company having a face value of INR 10 (Indian Rupees Ten) and a subscription price of INR 17,799 (Indian Rupees Seventeen Thousand Seven Hundred Ninety Nine issued in accordance with the Series A SSA, and having the terms as set out in Part B of Schedule 3.
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Series A CCPS means fully paid up 38,770 (thirty eight thousand, seven hundred and seventy) compulsorily convertible preference shares of the Company having the rights, preferences and privileges as mentioned in Schedule C of this Agreement.
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Series A CCPS means series A compulsorily convertible preference shares having a face value of INR 5 (Indian Rupees Five) each, to be issued by the Resulting Company, having terms as set out in the articles of association of the Resulting Company;
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Series A CCPS means a collective reference to such number of Series A compulsorily convertible cumulative preference shares as set out in Schedule 4 of the Series A Subscription Agreement issued to Accel and Flipkart in accordance with the Series A Subscription Agreement and having such terms as set out in this Agreement.
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Series A CCPS means the fully and compulsorily convertible cumulative non-participating series A preference shares of par value of INR 10/- (Rupees Ten only) each;
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Series A CCPS means the Series A compulsorily convertible preference shares of the Company, each having a face value of INR 1 (Indian Rupee One) and carrying such terms and conditions as are set out in these Articles and as agreed amongst the Company and the Shareholders.
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Series A CCPS means collective reference to Series A compulsorily convertible cumulative preference shares of the Company having par value of INR 10 (Indian Rupees Ten only) and having such terms as set out in these Articles.
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