Examples of Series B Preferred Shareholder in a sentence
For the avoidance of doubt, no Series B Preferred Shareholder or Series A Preferred Shareholder shall be deemed to be an Affiliate of the Company.
The Series B First Refusal Notice shall set forth the number of Series B Remaining Offered Shares that such Series B Preferred Shareholder wishes to purchase, which amount shall not exceed the First Refusal Allotment of such Series B Preferred Shareholder.
No Series A+ Preferred Shares, Series A Preferred Shares nor Series Pre-A Preferred Shares shall be redeemed pursuant to Section 8.3, 8.4 or 8.5 by the Company if any holder of the then outstanding Series B Preferred Shares requires the Company to redeem all or part of the outstanding Series B Preferred Shares held by such holder in accordance with Section 8.2 and until all or part of Series B Preferred Shares held by such Series B Preferred Shareholder have been fully redeemed.
In order to exercise its right hereunder, each of the Series B Preferred Shareholder must deliver written notice to Selling Shareholder (the “Series B First Refusal Notice”) within the Series B First Refusal Period.
For the avoidance of doubt, no Series C Preferred Shareholder, Series B Preferred Shareholder, Series A+ Preferred Shareholder nor Series A Preferred Shareholder shall be deemed to be an Affiliate of the Company.