Designated Director means a person designated by the RE to ensure overall compliance with the obligations imposed under chapter IV of the PML Act and the Rules and shall include:
Preferred Proponent means the Proponent that is invited into negotiations in accordance with the evaluation process set out in this RFP;
Preferred Stock as applied to the Capital Stock of any corporation, means Capital Stock of any class or classes (however designated) which is preferred as to the payment of dividends, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such corporation, over shares of Capital Stock of any other class of such corporation.
Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.00001 per share.