Series AA-4 Preferred Stock definition

Series AA-4 Preferred Stock means, unless otherwise stated herein, One Thousand Twenty Six (1,026) shares of Series AA-4 Preferred Stock, which were authorized pursuant to a Certificate of Designation of Preferences, Rights and Limitations which was filed with the Delaware Secretary of State on May 5, 2023.

Examples of Series AA-4 Preferred Stock in a sentence

• The limitations contained in this Section 6(e) shall apply to a successor holder of Series AA-4 Preferred Stock.

• No Governmental Grant imposes any restriction on Parent’s or any of its Subsidiaries’ use of any Parent IP or gives the IIA or any Governmental Body any rights in any Parent IP other than pursuant to the express provisions of the certificates of approval of the Governmental Grants set forth on Section 3.12(d) of the Parent Disclosure Schedule or the Innovation Law.

• He added that countries are waiting for clarity from the international process, but that INDCs must progress in parallel with the negotiations.

• So long as any Series AA-4 Preferred Stock are issued and outstanding, the Company shall not issue any Senior Securities or Parity Securities without the approval of the Majority Holders.

• The Series AA-4 Preferred Stock shall not be redeemed for cash and under no circumstances shall the Company be required to net cash settle the Series AA-4 Preferred Stock.

• The limitations contained in this paragraph shall apply to a successor holder of the Series AA-4 Preferred Stock.

• If holders of Common Stock are given any choice as to the securities, cash or property to be received in a Fundamental Transaction, then the Holders shall be given the same choice as to the Alternate Consideration they receive upon any conversion of the Series AA-4 Preferred Stock following such Fundamental Transaction.

• Such Holder shall be deemed for all corporate purposes to have become the holder of record of the Conversion Shares with respect to which the shares of Series AA-4 Preferred Stock have been converted as of the Optional Conversion Date.

• The Company agrees to maintain a transfer agent that is a participant in the DTC’s FAST program so long as any shares of Series AA-4 Preferred Stock remain outstanding.

• Each share of Series AA-4 Preferred Stock (or fraction thereof) shall be convertible, at any time and from time to time, from and after the Original Issue Date at the option of the Holder thereof into that number of shares of Common Stock (subject to the Beneficial Ownership Limitation set forth in Section 6(e) and the Primary Market Limitation set forth in Section 6(f)) determined by dividing the Stated Value by the Conversion Price then in effect.