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).
Upon any such redemption of any Series B-1 Holder’s Redeemable Shares, such Series B-1 Holder shall have no liability in respect of the applicable indemnification claim under the Uber Merger Agreement and the Series B-1 Claim Amount Portion (or any portion thereof).
In the event of a challenge by the Series B-1 Holder Representative or UTI, as the case may be (the “ FMV Challenger”) of any Board determination of the Redeemable Share Fair Market Value pursuant to Article 8.5(D)(1) above, the Company and the FMV Challenger shall separately engage an internationally recognized valuation firm or investment bank (each, an “Appraiser”) to render their respective determinations of the Redeemable Share Fair Market Value.
Review and modification of computer alarm and sequence of events computer printouts have been completed.
The foregoing indemnification in the preceding sentence shall not apply in the event of any Action which finally adjudicates the liability of the Series B-1 Holder Representative hereunder for its willful misconduct.
No Series B-1 Holder shall have any cause of action against any Company Indemnified Person to the extent resulting from such Company Indemnified Person’s reliance upon decisions and actions of the Series B-1 Holder Representative.
Similarly, the in- creased degree of risk aversion results in higher welfare costs induced by the liquidity constraint and in relatively higher welfare costs of business cycles with liquidity constraints than with perfect credit markets.
A new provider who switches a customer without written authorization shall also refund to the retail electricity customer the entire amount of the customer’s electricity charges attributable to the electric generation service from the new provider for 3 months, or the period of the unauthorized service, whichever is more.
Each Company Indemnified Person shall have the right to rely upon all actions taken or omitted to be taken by the Series B-1 Holder Representative pursuant to this Article 8.5(E), all of which actions and omissions shall be legally binding upon all of the Series B-1 Holders.