Series B Preferred Share definition
Examples of Series B Preferred Share in a sentence
Each Series B Preferred Share shall be identical in all respects to every other Series B Preferred Share.
Each Series B Preferred Share is convertible, at the option of the holder, into one Common Share, provided that, at the time of conversion, there is a sufficient number of authorized but unissued Common Shares, or Common Shares held in the Company's treasury, to permit the conversion of all Series B Preferred Shares then outstanding.
Each Class A Ordinary Share shall be entitled to twenty (20) votes on all matters subject to vote at general meetings of the Company, whether on a show of hands or on a poll, and each Class B Ordinary Share, Class C Ordinary Share, Series A Preferred Share, Series B Preferred Share, Series C Preferred Share and Series D Preferred Share shall be entitled to one (1) vote on all matters subject to vote at general meetings of the Company, whether on a show of hands or on a poll.
At elections for such trustees, the holders of Series B Preferred Shares shall be entitled to cast one vote for each one one-hundredth of a Series B Preferred Share held, subject to adjustment.
For the purpose of this Section 5 and Section 6, the following definitions shall apply: (1) “Series A Issue Price” means US$0.50 per Series A Preferred Share, (2) “Series B Issue Price” means US$0.83135 per Series B Preferred Share, (3) “Series C Issue Price” means US$2.30135 per Series C Preferred Share, and (4) “Series D Issue Price” means US$6.7665 per Series D Preferred Share.