Examples of Series B Investors in a sentence
The Company shall, within five (5) days of the expiration of the Series B Notice Period, provide written notice to the fully participating Series B Investors indicating the number of shares of Offered Stock not elected to be purchased by the other Series B Investors (the "Company B Option Notice").
The rights of the Series B Investors may be waived in writing by the holders of a majority of the Series B Preferred Shares.
If any Series B Investor elects to acquire less than such Investor’s pro rata portion of the available Securities, the other Series B Investors may acquire a pro rata portion of the balance of the remaining Securities, which is equal to the proportion that such other Series B Investor’s Series B Proportionate Percentage bears to the Series B Proportionate Percentage of all such other Series B Investors who wish to acquire any of the balance of the remaining Securities.
Each Series B Investor shall have the right to purchase that percentage of the Offered Stock determined by dividing (A) the total number of shares of Investor Stock then owned by such Series B Investor by (B) the total number of shares of Investor Stock then owned by all Series B Investors (in each case, calculated on an as converted to Common Stock basis).
If, on or prior to the date of this Agreement, any Shareholder of the Company is granted any privileges and/or rights under any agreements other than the Transaction Documents, the Series B Investors, the Series B+ Investors, the Series C Investors, the Series D Investors, the Series E Investors and the Series F Investors shall automatically be granted the same privileges and/or rights pari passu with such Shareholder of the Company.