Series B Preferred Consideration definition

Series B Preferred Consideration has the meaning set forth in Section 3.01(a)(iii).

Series B Preferred Consideration means the product (calculated to the fourth decimal place) obtained by multiplying (a) 0.5801 by (b) the Preferred Consideration.

Series B Preferred Consideration. Section 2.1(b)(ii)

Examples of Series B Preferred Consideration in a sentence

• Amend its Governing Documents in a manner that would affect the holders of Company Common Stock, Company Series A Preferred Stock or Company Series B Preferred Stock adversely relative to other holders of Parent Common Stock, or the Parent Preferred Stock to be issued as Series A Preferred Consideration or Series B Preferred Consideration, respectively.

• From and after the Effective Time, all such Series B Preferred Stock shall no longer be outstanding and shall automatically be cancelled and shall cease to exist, and each holder of a share of Series B Preferred Stock shall cease to have any rights with respect thereto, except the right to receive the applicable Series B Preferred Consideration therefor upon the surrender of such share of Series B Preferred Stock in accordance with Section 2.2, without interest thereon.

More Definitions of Series B Preferred Consideration

Series B Preferred Consideration means the Series B Preferred Consideration Per Share multiplied by the Total Outstanding Series B Preferred Shares.

Series B Preferred Consideration has the meaning set forth in Section 2.2.17.5.

Series B Preferred Consideration means the aggregate amount that would be paid in respect of the aggregate number of shares of Series B Preferred Stock that are issued and outstanding as of immediately prior to the Effective Time (other than shares to be cancelled in accordance with Section 1.14) if the Stockholder Merger Consideration were distributed pursuant to Section 2 of Article Fourth of the Company Charter.