Series A Preferred Conversion definition

Series A Preferred Conversion has the meaning set forth in Section 4.5(c).
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Series A Preferred Conversion has the meaning set forth in Section 3.12(c).
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Series A Preferred Conversion means any corresponding conversion of Series A Preferred Units pursuant to Section 4.1(e) upon the conversion of any shares of Series A Preferred Stock pursuant to the Certificate of Designations.
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Examples of Series A Preferred Conversion in a sentence

  • All references to the Series A Preferred Conversion Price herein shall mean the Series A Preferred Conversion Price as so adjusted.

  • Such initial Series A Preferred Conversion Price shall be adjusted from time to time in accordance with this Section 4.

  • In any such case, appropriate adjustment shall be made in the application of the provisions of this Section 4 with respect to the rights of the holders of Series A Preferred after the capital reorganization to the end that the provisions of this Section 4 (including adjustment of the Series A Preferred Conversion Price then in effect and the number of shares issuable upon conversion of the Series A Preferred) shall be applicable after that event and be as nearly equivalent as practicable.

  • Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares without a corresponding combination of the Preferred Stock, the Series A Preferred Conversion Price in effect immediately before the combination shall be proportionately increased.

  • The number of shares of Common Stock to which a holder of Series A Preferred shall be entitled upon conversion shall be the product obtained by multiplying the "Series A Preferred Conversion Rate" then in effect (determined as provided in Section 4(b)) by the number of shares of Series A Preferred being converted.

  • If the Company shall at any time or from time to time after the date that the first share of Series A Preferred is issued (the "Original Issue Date") effect a subdivision of the outstanding Common Stock without a corresponding subdivision of the Preferred Stock, the Series A Preferred Conversion Price in effect immediately before that subdivision shall be proportionately decreased.

  • The conversion price for the Series A Preferred (the "Series A Preferred Conversion Price") shall initially be the Original Issue Price of the Series A Preferred.

  • The Series A Preferred Conversion Price shall be readjusted in the same manner upon the happening of each subsequent Common Stock Event.

  • Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares without a corresponding combination of the Preferred Stock, the Series A Preferred Conversion Price, the Series B Preferred Conversion Price and the Series C Preferred Conversion Price, as applicable, in effect immediately before the combination shall be proportionately increased.

  • The conversion rate in effect at any time for conversion of the Series A Preferred (the "Series A Preferred Conversion Rate") shall be the quotient obtained by dividing the Liquidation Preference of the Series A Preferred by the "Series A Preferred Conversion Price," calculated as provided in Section 4(c).


More Definitions of Series A Preferred Conversion

Series A Preferred Conversion. Shares shall mean the maximum number of shares of GROWTH Common Stock into which the Series A Preferred Stock shall be converted, being a maximum of (a) sixty-five percent (65%) of the GROWTH Fully-Diluted Common Stock (anticipated to be 65,000,000 shares of GROWTH Common Stock), less (b) the sum of (i) the Novellus Shares, (ii) Stockholder Loan Shares, and (iii) any shares of GROWTH Common Stock that are issued or issuable in connection with any one or more of the GROWTH Additional Financings aggregating maximum gross proceeds (inclusive of gross proceeds from conversion of any Stockholder Debt into Stockholder Loan Shares) not to exceed $3,000,000 in the aggregate.
Sample 1
Series A Preferred Conversion. SHARES shall mean the maximum number of shares of GROWTH Common Stock into which the Series A Preferred Stock shall be converted, being a maximum of (a) sixty-five percent (65%) of the GROWTH Fully-Diluted Common Stock (anticipated to be 65,000,000 shares of GROWTH Common Stock), LESS (b) the sum of (i) the Novellus Shares, (ii) Stockholder Loan Shares, and (iii) any shares of GROWTH Common Stock that are issued or issuable in connection with any one or more of the GROWTH Additional Financings aggregating maximum gross proceeds (inclusive of gross proceeds from conversion of any Stockholder Debt into Stockholder Loan Shares) not to exceed $3,000,000 in the aggregate.
Sample 1
Series A Preferred Conversion. SHARES shall mean the maximum number of shares of GROWTH Common Stock into which the Series A Preferred Stock shall be converted, being a maximum of (a) sixty-five (65%) of the GROWTH Fully-Diluted Common Stock (anticipated to be 68,130,030 shares of GROWTH Common Stock), LESS (b) the sum of (i) the Stockholder Loan Shares, and (ii) any shares of GROWTH Common Stock that are issued or issuable in connection with any one or more of the GROWTH Financings aggregating maximum gross proceeds (inclusive of gross proceeds from conversion of any Stockholder Debt into Stockholder Loan Shares) not to exceed $2,000,000 in the aggregate."
Sample 1

Related to Series A Preferred Conversion

  • Series A Preferred means the Series A preferred stock, $.01 par value per share, of the Company.

  • Series C Preferred means all shares of the Series C Preferred Stock, $0.001 par value per share, of the Company.

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 per share.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Series D Preferred means the Corporation's Series D Convertible Preferred Stock, par value $.002 per share.

  • Series A Preferred Shares means the Series A 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.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.0001 per share, of the Company.

  • Series B Preferred means the Company's Series B Preferred Stock, par value $0.01 per share.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Series E Preferred Stock means shares of the Company’s Series E Preferred Stock, par value $0.0001 per share.

  • Series F Preferred Shares means the Series F 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.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series E Preferred Shares means the Series E 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.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Company Series B Preferred Stock means the Series B Preferred Stock, par value $0.0001 per share, of the Company.

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.