Examples of Series B-1 Holder in a sentence
The Company shall not be obligated to effect more than two (2) demand registrations initiated by any Series B1 Holder and two (2) demand registrations initiated by the Holders of at least 50% of the Registrable Securities then outstanding.
After a Full Conversion Date occurs, then as of the first Business Day following such date, each Series B-1 Holder has the sole discretion, at any time and from time to time, to elect to convert any of its shares of Series B-1 Preferred Stock into shares of Common Stock at the conversion rate set forth in Section 8(a).
Each Series B-1 Holder shall be entitled to notice of any shareholders’ meeting in accordance with the Bylaws of the Company and shall be entitled to vote with the holders of Common Stock with respect to any matter upon which holders of Common Stock have the right to vote, except as otherwise provided herein or those matters required by law to be submitted to a class vote.
The Adjusted Purchase Price divided by the Adjusted Conversion Price will equal the "Conversion Ratio." The number of shares of Common Stock to be received on account of each Series B-1 Holder will equal the number of Series B-1 Shares held by each holder on the Conversion Date multiplied by the Conversion Ratio.
Each Series B-1 Holder, if any, that is not already a Purchaser under the Series A Note Purchase Agreement and that exchanges its Series B-1 Notes for Series A Notes shall execute a joinder to the Series A Note Purchase Agreement agreeing to be fully bound by, and subject to, all of the covenants, terms and conditions of the Series A Note Purchase Agreement and shall be deemed a "Purchaser" for all purposes thereunder, entitled to all of the rights, benefits and privileges thereunder.
If Series B-1 Shares are required by law to be given voting rights, each Series B-1 Holder will have the number of votes as if his shares were converted to Common Stock in accordance with the terms of this Designation.
Each Series A Holder, Series B Holder, Series B-1 Holder and Series C Holder in his or its capacity as such, waives its right of first refusal granted pursuant to Article IV of the Existing Agreement and this Agreement with respect to the issuance and sale of (i) an aggregate of up to 956,938 shares of Series D Preferred to the Purchasers and (ii) the shares of Common Stock issuable upon conversion of the shares of Series D Preferred referred to in the foregoing clause (i).
The Company or any Other Indemnitee or Other Uber Indemnitee seeking indemnification under 9.1(a), 10.2(a) or 10.2(b) of the Uber Merger Agreement shall comply with the procedures set forth in Section 10.6 of the Uber Merger Agreement, including the required notice to the Series B-1 Holder Representative and all other Series B-1 Holders with respect to any claim for indemnification under 9.1(a) or 10.2(a) of the Uber Merger Agreement.
Review and modification of computer alarm and sequence of events computer printouts have been completed.
Each Series B-1 Holder will be entitled to ten votes for each share of Series B-1 Preferred Stock held as of the applicable date on any matter that is submitted to a vote or for the consent of the shareholders of the Company, and, except as otherwise required by law or as set forth herein, shall have voting rights and powers equal to the voting rights and powers of the Common Stock.