Examples of Series A Convertible Preference Shares in a sentence
Holders shall not have the right to require the Company to redeem the Series A Convertible Preference Shares, except that Holders shall have the right to require the Company to repurchase the Series A Convertible Preference Shares upon a Fundamental Change pursuant to Section 13.
The Company’s ability to optionally redeem the Series A Convertible Preference Shares is subject to applicable law and the terms of the Senior Facilities.
If the Company is redeeming less than all of the Series A Convertible Preference Shares at any time, the Transfer Agent shall select the Series A Convertible Preference Shares to be redeemed on a pro rata basis; provided that fractional shares redeemed will be rounded up to the nearest whole Preference Share.
A Conversion Notice and certificate evidencing such Series A Convertible Preference Shares deposited outside the hours specified, or on a day that is not a Business Day shall be deemed to be deposited on the next Business Day.
LP = the aggregate Liquidation Preference of the outstanding Series A Convertible Preference Shares as of the date of adjustment.
COS = the maximum number of Ordinary Shares issuable upon conversion of the Series A Convertible Preference Shares.
The Series A Convertible Preference Shares shall not be redeemable by the Company prior to the first anniversary of the Issue Date.
Furthermore, no adjustment pursuant to this Section 10(a)(vi)(A) shall be made with respect to the issuance of Ordinary Shares to be issued substantially concurrently with the Series A Convertible Preference Shares.
The Company may issue additional Series A Convertible Preference Shares following the Issue Date.
On or after the first anniversary of the Issue Date, the Series A Convertible Preference Shares shall be redeemable by the Company only as provided in this Section 4.