Series B Founder Preferred Shares definition

Series B Founder Preferred Shares means shares of preferred stock, par value $0.0001 per share, of DLGI Delaware designated as “Series B Founder Preferred Stock”.
Series B Founder Preferred Shares shall each have the definitions as set forth in OpCo’s First Amended and Restated Limited Liability Agreement, as may be amended from time to time (the “OpCo Operating Agreement”).
Series B Founder Preferred Shares means (i) at any time prior to the Domestication, the Series B Founder Preferred Shares of no par value in the capital of the Corporation, and (ii) at any time after the Domestication, the shares of the series of preferred stock of the Corporation into which the Series B Founder Preferred Shares are exchanged for or converted into in connection with the Domestication, which, for the avoidance of doubt, shall be the “Series B Founder Preferred Stock” of the Corporation immediately following the effectiveness of the Domestication.

Examples of Series B Founder Preferred Shares in a sentence

  • Until shares of Class A Common Stock are actually delivered to the Member upon a Redemption or Direct Exchange pursuant to Article XI of the Operating Agreement, the Member shall not have any rights as a shareholder in respect of shares of Class A Common Stock; provided that the Member shall have all rights as a shareholder in respect of shares of Class B Common Stock and Series B Founder Preferred Shares.

  • The Initial LTIP Award shall consist of: (i) 525,455 time-based Series A LTIP Units and an equal number of time-based shares of Class B Common Stock, (ii) 415,454 performance-based Series A LTIP Units and an equal number of performance-based shares of Class B Common Stock and (iii) 75,000 Series B LTIP Units and an equal number of Series B Founder Preferred Shares.

  • The person(s) entitled to receive Ordinary Shares or Class B Shares, as applicable, issuable upon conversion of Series A Founder Preferred Shares or Series B Founder Preferred Shares, as applicable, pursuant to this Article 5 shall be treated for all purposes as the record holder(s) of such Ordinary Shares or Class B Shares, as applicable, as of the Mandatory Conversion Date or the Optional Conversion Date, as applicable.

  • If such consent is in one or more counterparts, and the counterparts bear different dates, then the consent shall take effect on the earliest date upon which eligible Members holding a sufficient number of votes that would be necessary to authorise or take such action at a meeting at which all of the holders of the Founder Preferred Shares, Series A Founder Preferred Shares or Series B Founder Preferred Shares, as applicable, have consented.

  • The Initial LTIP Award shall consist of: (i) 693,017 time-based Series A LTIP Units and an equal number of time-based shares of Class B Common Stock, (ii) 693,016 performance-based Series A LTIP Units and an equal number of performance-based shares of Class B Common Stock and (iii) 1,236,033 Series B LTIP Units and an equal number of Series B Founder Preferred Shares.

  • As a condition to conversion of Series A Founder Preferred Shares or Series B Founder Preferred Shares, as applicable, into Ordinary Shares or Class B Shares, as applicable, pursuant to Article 5.2, such holder shall surrender the certificate(s), if any, representing such Series A Founder Preferred Shares or Series B Founder Preferred Shares, as applicable, to the Company, duly endorsed for transfer to the Company.

Related to Series B Founder Preferred Shares

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.0001 per share.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.00001 per share.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.001 per share.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.00001 per share.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.00001 per share.

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Series E Preferred Stock means the Series E Preferred Stock, par value $0.001, of the Company.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.001 per share.

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Buyer Preferred Stock means the preferred stock, par value $0.001 per share, of Buyer.

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