Examples of Series AA Preferred Shares in a sentence
The Series AA Preferred Shares shall also automatically be converted into Ordinary Shares as aforesaid upon the consent of the holders of at least sixty six percent (66%) of the issued and then outstanding Series AA Preferred Shares.
For illustration purposes, any change, including cancellation, of the Secondary Preference Amount, but not the manner of allocation of the Secondary Preference Amount between the holders of the Series AA Preferred Shares and the holders of the Ordinary-Preferred Shares as set forth in Article 8(d), shall not require the consent of the holders of the Ordinary-Preferred Shares.
FactorTable 12: ANOVA telephone data (ORGs x Sectors)As for the frequency occupancy, a secondary analysis was conducted separately for the Radar and Planning controllers of each sector comparing organisations.
The conversion of the Ordinary-Preferred Shares into Ordinary Shares upon the automatic conversion of the Series AA Preferred Shares shall not require the consent of the holders of Ordinary-Preferred Shares.
The initial Conversion Price per share for the Series BB-3 Preferred Shares, the Series BB-1 Preferred Shares and the Series AA Preferred Shares shall be the Original Issue Price of the Series BB-1 Preferred Shares and the initial Conversion Price for the Series BB-2 Preferred Shares shall be the Original Issue Price of the Series BB-2 Preferred Shares, provided, however, that the Conversion Price for the Preferred Shares shall be subject to adjustment as set forth in subarticles 9(c), 9(d) and 9(e).
The outstanding Ordinary Shares, Ordinary-Preferred Shares, Series AA Preferred Shares, Series BB-1 Preferred Shares and Series BB-2 Preferred Shares, are all duly and validly authorized and issued, fully paid and nonassessable, were issued free of any lien, pledge, claim, charge, encumbrance or third party rights of any kind (“Security Interest”), and were issued in compliance with all applicable laws, including the relevant securities laws of the State of Israel.
RESOLVED, by the aforementioned majority, that immediately prior to the Closing, the number of Ordinary Shares reserved for allocation under the Company’s Employees Share Option Plans shall be increased so as to equal 10% of the Company’s share capital on an as converted and fully diluted basis, immediately following the Closing (excluding for the purpose of such fully diluted basis calculation the warrants to purchase Series AA Preferred Shares).
The authorized capital of the Company is comprised of NIS 950,001 divided into: 53,000,060 Ordinary Shares, par value 0.01 NIS per share, 15,000,000 Series AA Preferred Shares, par value 0.01 NIS per share, 12,137,708 Series BB-1 Preferred Shares, par value 0.01 NIS per share, 4,000,000 Series BB-2 Preferred Shares, par value 0.01 NIS per share, 5,862,292 Series BB-3 Preferred Shares, par value 0.01 NIS per share and 5,000,040 Series BB-4 Preferred Shares, par value 0.01 NIS per share.
Immediately prior to the Closing, the number of Ordinary Shares reserved for allocation under the Company’s Employees Share Option Plan (“ESOP”) shall be increased so as to equal 10% of the Company’s share capital on an as converted and fully diluted basis immediately after the Closing, excluding from the fully diluted basis for such purpose all existing warrants to purchase Series AA Preferred Shares, to the extent not cancelled prior to the Closing (the “ESOP Pool”).
The authorized capital of the Company is comprised of NIS 964,500 divided into: 53,000,060 Ordinary Shares, par value 0.01 NIS per share, 15,000,000 Series AA Preferred Shares, par value 0.01 NIS per share, 12,137,708 Series BB-1 Preferred Shares, par value 0.01 NIS per share, 4,000,000 Series BB-2 Preferred Shares, par value 0.01 NIS per share, 5,862,292 Series BB-3 Preferred Shares, par value 0.01 NIS per share and 6,449,940 Series BB-4 Preferred Shares, par value 0.01 NIS per share.