Series B CCPS definition

Series B CCPS means series B compulsorily convertible cumulative preference shares of the Company, having a face value INR 10 (Indian Rupees Ten) per share and issued at a premium of INR 12,033.51 (Indian Rupees Twelve Thousand and Thirty Three and Fifty One Paise).
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Series B CCPS means Series B cumulative compulsorily convertible preference shares in the Share Capital of the Company having a face value of INR 6,000 (Indian Rupees Six Thousand) each and a subscription price of INR 283,749 (Indian Rupees Two Hundred Eighty Three Thousand Seven Hundred Forty Nine) issued in accordance with the SSPA, and having the terms as set out in Schedule 4.
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Series B CCPS means fully paid up 181,046 (One Hundred and Eighty One Thousand and Forty Six) compulsorily convertible preference shares of the Company having the rights, preferences and privileges as mentioned in Schedule D of this Agreement.
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Examples of Series B CCPS in a sentence

  • The Tender Number - Due Date and Time should also be indicated on the cover.

  • It is clarified that the Proparco CCPS shall have priority and preference over the Series A CCPS, Series B CCPS, Series C CCPS, Series D CCPS, Series F CCPS, Series H CCPS and Equity Shares issued by the Company, and the proceeds shall not be distributed to Series A CCPS, Series B CCPS, Series C CCPS, Series D CCPS, Series F CCPS, Series H CCPS and Equity Shares unless Proparco CCPS has received its applicable Senior Liquidation Price.

  • Category (I)Category of shareholder*Our Company has issued total number of 1,656,688 Series A CCPS and Series B CCPS to investors in terms of Shareholders’ Agreement.

  • Further, pursuant to the SSA 1, Series B CCPSs were issued to Series B CCPS Holders.

  • The Series A CCPS and Series B CCPS shall be converted into equity shares upon the expiry of their respective terms in accordance with the provisions of Chapter VII of the SEBI (Issue of Capital Disclosure Requirements) Regulations, 2009 ('ICDR Regulations').

  • Subject to the terms of this Agreement, the Series B CCPS shall be freely transferable to any Person, and the holders of the Series B CCPS may assign all or any of the Series B CCPS and any rights attaching under the Transaction Documents, without the prior consent of any Person.

  • The dividends payable on the Series F CCPS shall be senior to dividend payments to holders of Series A CCPS, Series B CCPS, Series C CCPS, Series D CCPS and other Equity Shares of the Company.

  • The Series B CCPS shall convert into Equity Shares of the Company at the Conversion Factor, immediately prior to filing of the DRHP with the SEBI.

  • For the purpose of clarification in relation to this paragraph, upon payment of the Applicable Liquidation Price as stated in Clause paragraph 7.1, the holders of CCDs, Proparco CCPS, Series H CCPS, Series B CCPS, Series C CCPS, Series D CCPS and Series A CCPS shall not be entitled to participate or claim a share in such additional proceeds available for distribution.

  • Unless converted in accordance with the terms of this Schedule, the Articles of the Company and applicable Laws, the term of the Series B CCPS shall be a maximum of 10 (ten) years from the date of their issuance.


More Definitions of Series B CCPS

Series B CCPS means collective reference to Series B compulsorily convertible cumulative preference shares of the Company having par value of INR 10 (Indian Rupees Ten only) and having such terms as set out in these Articles.
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Series B CCPS means such number of series B compulsorily convertible cumulative preference shares of the Company, having a face value INR 10 (Indian Rupees Ten only) per share and issued at a premium
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Series B CCPS means series B compulsorily convertible preference shares having a face value of INR 5 (Indian Rupees Five) each, to be issued by the Resulting Company, having terms as set out in the articles of association of the Resulting Company;
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Related to Series B CCPS

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Series A Warrants means, collectively, the Series A Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series A Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series A Warrants shall be exercisable beginning immediately and have a term of exercise equal to six (6) months, in the form of Exhibit B-1 attached hereto.

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 per share.