Series B Preferred Shares definition

Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$1/15000 per share, with the rights and privileges as set forth in the Memorandum and Articles.

Series B Preferred Shares means the Series B-1 Preferred Shares and the Series B-2 Preferred Shares.

Examples of Series B Preferred Shares in a sentence

• Such funds will be held for the Purchaser’s benefit until the earliest to occur of (a) a closing of the first sale of Series B Preferred Shares (the “Initial Closing”), or a subsequent closing if funds are deposited into the Escrow Account after the time of the Initial Closing, (b) the rejection of such subscription, or (c) the termination of the Offering by the Company.

• The Series B Preferred Shares are being sold and or exchanged, as applicable, in the Offering (as defined below).

• The Company may continue to offer and sell the Series B Preferred Shares and conduct additional closings for the sale of additional Series B Preferred Shares after the Initial Closing and until the termination of the Offering (each, an “Additional Closing” and together with the Initial Closing, the “Closings”).

• The Purchaser understands and agrees that the Company, in its sole discretion, reserves the right to accept or reject this or any other subscription for Series B Preferred Shares, in whole or in part, notwithstanding prior receipt by the Purchaser of notice of acceptance of this subscription.

• This Subscription Agreement and the rights, interests and obligations hereunder are not transferable or assignable by the Purchaser and the transfer or assignment of the Series B Preferred Shares or the Conversion Securities shall be made only in accordance with all applicable laws.

More Definitions of Series B Preferred Shares

Series B Preferred Shares means the series B preferred convertible shares, par value US$0.001 per share, of the Company.

Series B Preferred Shares has the meaning set forth in Section 2.2.

Series B Preferred Shares has the meaning set forth in the Recitals.

Series B Preferred Shares means the Series B-1 Preferred Shares and the Series B-2 Preferred Shares;

Series B Preferred Shares means the Series B redeemable convertible preferred shares, par value of US$0.001 per share, issued by the Company pursuant to that certain Share Purchase Agreement dated as of July 8, 2009 by and among the Company, the Founder, the PRC Entities and the Series B Investors thereto, the rights, privileges and preferences of which are specified in these Articles and the Amended XXX.

Series B Preferred Shares means the shares of Series B Convertible Preferred Stock, $0.001 par value per share, of the Company acquired by certain of the Purchasers pursuant to (i) the Series B Convertible Preferred Stock Purchase Agreement, dated as of May 24, 2010, by and among the Company and the Purchasers (as defined therein) and (ii) the Second Series B Purchase Agreement.

Series B Preferred Shares meansing the Trust's 10% Series B Cumulative Redeemable Shares of beneficial interest, par value $.01 per share.