Examples of Series B-2 Shares in a sentence
Voting RightsThe Series B-2 Shares have no voting rights, except with respect to certain protective provisions set forth in the Series B-2 Certificate of Designation relating to the powers, preferences and rights of such shares.
A holder of Series B-2 Shares may reset the Beneficial Ownership Limitation to a higher or lower number upon providing written notice to the Company.
At the Session on the “Developments in the Global Energy Markets and their Implications on the OIC Member Countries” Dr. Zafar IQBAL, Chief Economist in the Islamic Development Bank delivered a keynote speech explaining the perspectives of the OIC Countries and future prospects in light of recent developments of world economy especially with regard to the recovery process in the aftermath of deep crises.
The Purchase Commitment made by each Purchaser shall specify the number and dollar value of Series B-1 Shares and the number and dollar value of Series B-2 Shares to be purchased by such Purchaser.
Other than as otherwise provided in these Articles or required by law, the holders of Ordinary Shares, Series A Shares, Series B Shares, Series A* Shares, Series B1 Shares, Series B2 Shares, Series B4 Shares, Series B5 Shares, and Series C Shares shall vote together and not as separate classes and there shall be no series voting of the Preferred Shares.
Promptly (and in any event within five Business Days) following the Second Closing Date and the issuance of the Series B-2 Shares, the Investor will, by written notice to the Company, exchange all of the outstanding Series B-1 Shares and Series B-2 Shares held by the Investor into a number of shares of Series B Preferred Stock (the "Series B Shares") equal to (i) the sum of (x) the number of Series B-1 Shares being exchanged plus (y) the number of Series B-2 Shares being exchanged, divided by (ii) two.
Subject to the terms and conditions of this Agreement, Biodiscovery shall have the option (the “Series B-2 Preferred Option”) to contribute and exchange the FrenchCo B-2 Shares, free and clear of all Liens, in exchange for Series B-2 Shares, free and clear of all Liens (the “Series B-2 Preferred Exchange”).
Clue Card CAn if-clause which is an object of a transitive verb is (***** Answer: a noun) clause.
Not less than thirty percent (30%) of the total aggregate dollar amount of each Purchaser’s Purchase Commitment must be allocated to the purchase of Series B-2 Shares (the “Minimum Series B-2 Threshold”), provided that, each Purchaser shall have the option, but not the obligation, to allocate a greater relative proportion, up to one hundred percent (100%) of such Purchaser’s Purchase Commitment, toward the purchase of Series B-2 Shares.
The Company shall at all times reserve and keep available for issuance upon the exercise of the Series A Preferred Option, Series B-1 Preferred Option, Series B-2 Preferred Option and Series C Preferred Option, such number of authorized but unissued Series A Shares, Series B-1 Shares, Series B-2 Shares, and Series C Shares, respectively, as will be sufficient to permit the exercise in full of each such Option of each Investor.