Examples of Series B Preferred Holder in a sentence
Immediately after the purchase by any holder of the Series B Preferred Shares of all or any portion of its pro rata share of the Offered Shares, the parties shall procure such Offered Shares to be converted into Series B Preferred Shares or preferred shares with rights and privileges that are same with or pari passu with Series A Preferred Shares, as such holder of the Series B Preferred Holder may elect, at the then applicable conversion ratio.
After payment to the Series B Preferred Holder of the amounts so payable to it, the Series B Preferred Holder shall not be entitled to share in any further distribution of the property or assets of the Company.
The Series B Preferred Holder shall not be entitled to receive dividends of any kind.
Such Redemption Notice shall be mailed in a prepaid letter addressed to the Series B Preferred Holder at its address as it appears on the books of the Company or in the event of the address of the Series B Preferred Holder not so appearing then to the last known address of the Series B Preferred Holder and shall set out the applicable Milestone Redemption Price and the Redemption Date for such Redemption.
The Series B Preferred Holder shall be entitled to be given notice of and be invited to attend meetings of voting members of the Company.
To the extent permitted by applicable law, if, after any Conversion, there is a Delisting of Common Shares, then at the option of the Series B Preferred Holder, all Series B Preferred Shares that represent future Milestone Payments that are to become payable under Article 29.7.1 shall thereafter be redeemed by the Company for the applicable Milestone Redemption Price within 10 business days after the occurrence or achievement of the future Milestone.
Step-1: User solicitations to ISF worker for new enlistment.Step-2:User enters new client ID and secret key andsubmits for enrollment.Step-3:ISF worker checks for uniqueness of the mentioned ID.
In the case of Redemption of the Series B Preferred Shares, the Company shall, not more than 5 days after the occurrence or achievement of an applicable Milestone, mail to the Series B Preferred Holder of the Series B Preferred Shares to be redeemed pursuant to such Milestone a notice in writing of the intention of the Company to redeem such Series B Preferred Shares (“Redemption Notice”).
Upon the occurrence of each adjustment or readjustment of the Series A Conversion Price or the Series B Conversion Price pursuant to this Article 16, the Company at its expense shall promptly compute such adjustment or readjustment in accordance with the terms hereof and furnish to each Series A Preferred Holder or Series B Preferred Holder a certificate setting forth such adjustment or readjustment and showing in detail the facts upon which such adjustment or readjustment is based.
The Company agrees to pay and hold each Series A Preferred Holder and Series B Preferred Holder harmless against liability for payment of reasonable legal fees and disbursements of counsel and other professionals in connection with any modification, waiver, consent or amendment to this Agreement, the Purchase Agreement or any agreement, document or instrument executed and delivered in connection therewith.