Series B Number definition

Series B Number means, as of a given date, the number of shares outstanding of Series B Preferred Stock.
Sample 1Sample 2Sample 3
Series B Number means a number of whole shares of Series B Preferred Stock equal to (x) 150,000 minus (y) the number of Series A Shares.
Sample 1

Examples of Series B Number in a sentence

  • The "Escrow Amount" shall be a number of shares of Parent Common Stock equal to the sum of (x) (i) 0.10 multiplied by (ii) the sum of the Exchange Ratio multiplied by (iii) the sum of the Aggregate Common Number, the Aggregate Series A Number (excluding all shares of Series A Preferred Stock issuable upon exercise of Series A Warrants outstanding as of the Effective Time) and the Aggregate Series B Number, and (y) 0.10 multiplied by the number of Series B Preference Shares.

  • The "Series B Preference Shares" shall mean the quotient obtained by dividing (x) the product of $3.563 multiplied by the Aggregate Series B Number (as defined below), by (y) the Parent Closing Average Price Per Share (as defined below).

  • The "Exchange Ratio" shall mean the quotient obtained by dividing (x) the difference between (A) the Total Parent Shares and (B) the Series B Preference Shares, by (y) the sum of (A) the Aggregate Common Number, (B) the Aggregate Series A Number, (C) the Aggregate Series B Number and (D) the Aggregate Option Number.

  • By:________________________________ Name: Title: Address in Accepted and agreed to as of the date State of first above written by the undersigned Residence: Purchaser: [ ] By:________________________________ Name: Title: Exhibit A Shares of Amount Amount Series B Number of of of Preferred Shares in Purchaser Bridge Note Seller Note Stock Warrant --------- ----------- ----------- --------- --------- Hxxxxx Xxxxxxx $1,100,000 $600,000 50,000 420,000 Bxxx X.

  • The "SERIES B PREFERENCE SHARES" shall mean the quotient obtained by dividing (x) the product of $2.34 multiplied by the Aggregate Series B Number (excluding shares of Series B Preferred Stock owned by Parent), by (y) the Parent Stock Price.

  • The "Aggregate Series B Number" shall mean the aggregate number of shares of Company Series B Preferred Stock outstanding immediately prior to the Effective Time (including all shares of Company Series B Preferred Stock issued or issuable upon exercise of the Series B Preferred Warrants).

  • The "EXCHANGE RATIO" shall mean the quotient obtained by dividing (x) the sum of (A) the Aggregate Share Number less (B) the Series A Preference Shares, less (C) the Series B Preference Shares by (y) the sum of (A) the Aggregate Common Number, plus (B) the Aggregate Series A Number, plus (C) the Aggregate Series B Number, plus (D) the Aggregate Option Number.

  • PREFERRED SHARES (cont’d) [a] Preferred shares, Series A and B Series A Series B Number of Shares# Amount$Number of Shares# Amount$ Balance, April 30, 2009 and 2010 300,000 1 950,000 2The 300,000 Series A held by Ardea Biosciences Inc.

  • The "Aggregate Series B Number" shall mean the aggregate number of shares of Site Series B Stock outstanding immediately prior to the Acquisition.

  • Series A Series B Number Price Number Price ------------------------------------------------------------------------------------------------------------------ Balance at December 31, 2003 140,000 $ 7.87 - - Exercised (55,000) - - - Issued - - 225,000 $ 18.42 Reduction of exercise price - (2.07) - (0.92) ------------------------------------------------------------------------------------------------------------------ Balance at Sept.

Related to Series B Number

  • Series A Issue Price means $39.2253 per Series A Preferred Unit.

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

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

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Series C Preferred means the Company's Series C Preferred Stock, par value $0.01 per share.

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

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

  • Series B Original Issue Price means $1.309997 per share,

  • Series D Preferred means the Series D Convertible Preferred Stock of the Company, par value $.01 per share.

  • Series B Common Stock means the Series B Common Stock, par value $0.01 per share, of the Company.

  • Series C Warrants means, collectively, the Series C 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 9 months, in the form of Exhibit A attached hereto.

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

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

  • Series C or "Series C Equipment Notes" means Equipment Notes issued and designated as "Series C" hereunder, in the Principal Amount and maturities and bearing interest as specified in Section 2.02 and Schedule I hereto under the heading "Series C."

  • Series A Original Issue Price means $1.00 per share, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series A Preferred Stock.

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

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

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

  • Series A Conversion Price shall initially be equal to $0.71. Such initial Series A Conversion Price, and the rate at which shares of Series A Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.

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

  • Series B or “Series B Equipment Notes” means Equipment Notes issued and designated as “Series B Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series B Equipment Notes” and bearing interest at the Debt Rate for Series B Equipment Notes specified in Schedule I to the Indenture.

  • Series B Convertible Preferred Stock means the Series B Convertible Preferred Stock, $.01 par value, of the Corporation.

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

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

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