Examples of Series B-1 Holders in a sentence
No adjustment in the Series B1 Conversion Price shall be made as the result of the issuance or deemed issuance of Additional Shares of Common Stock if the Corporation receives written notice from the Requisite Series B1 Holders agreeing that no such adjustment shall be made as the result of the issuance or deemed issuance of such Additional Shares of Common Stock.
All of the preferential amounts to be paid to the Series B-1 Holders under this Section 2 shall be paid or declared and set apart for payment before the payment or setting apart for payment of any amount to, or the distribution of any assets or funds of the Corporation to, the Junior Holders or the Common Holders in connection with such Liquidating Event.
Series B-1 Holders will not have any voting rights except to the extent required by law.
Quarterly Dividends declared by the Board of Directors shall be payable to the Series B and Series B-1 Holders of record, as applicable, as they appear on the Company’s stock register at the close of business on the first day of the month in which the relevant Dividend Payment Date occurs (the “Record Date”).
The Company, the Founder, the Series A-l Holders, the Series A-2 Holder, the Series A-3 Holders, the Series AA Holders, the Series AA-1 Holders, the Series B Holders, the Series B-1 Holders, the Series C Holders and the Series D Holders (the “Prior Investors”) have previously entered into an Investors’ Rights Agreement dated as of February 23, 2009 (the “Prior Rights Agreement”), pursuant to which the Company granted the Founder and the Prior Investors certain rights.
Specifically, Series B-1 Holders shall not have the right to vote on the creation or issuance of any security authorized by the Board of Directors without a shareholder vote in accordance with Section 14-2-602, even if such security is senior to or pari passu with the Series B-1 Shares with respect to dividends, liquidations, preferences, or otherwise.
The Series A Holders, the Series B Holders and the Series B-1 Holders hereby waive the Right of First Offer, including the notice requirements, set forth in the 1999 Rights Agreement with respect to the issuance of Series C Preferred Stock.
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.
If the Adjusted Purchase Price reaches a value of zero or less, all Series B-1 Shares shall immediately expire and become authorized but unissued Series B-1 Preferred Stock of the Corporation, and the Series B-1 Holders shall have no further rights, obligations, or preferences to the Series B-1 Shares or any other capital stock of the Corporation obtainable upon conversion thereof.
Schedule B-1 Series B-1 Holders Xxxxx Xxxxx Xenia Venture Capital Ltd.