Series B Preferred Stock Certificate of Designation definition

Series B Preferred Stock Certificate of Designation means the Certificate of Designation of Preferences, Rights and Limitations of the Series B Convertible Redeemable Preferred Stock of the Corporation, dated as of the date hereof.

Series B Preferred Stock Certificate of Designation means the Certificate of Designation of the Series B Preferred Stock.

Series B Preferred Stock Certificate of Designation means that the Company’s Certificate of Designation of the Series B Preferred Stock, dated [___], 2022.

Examples of Series B Preferred Stock Certificate of Designation in a sentence

• Voting Agreement, including: · Form of Second Amended and Restated Credit Agreement · Form of Series B Preferred Stock Certificate of Designation · Form of Amended Stockholders Agreement, including, registration rights · Approval of · Form of Series C Preferred Stock Certificate of Designation · Form of Series A Preferred Stock Purchase Agreement Implementation: Prepackaged or pre-arranged Chapter 11 filing.

• The Company will authorize the issuance and sale of up to 200,000 shares of its Series B Preferred Stock, which shall have the powers, designations, preferences, rights, qualifications, limitations and restrictions as set forth in the form of Certificate of Designation of Resolutions Establishing Shares of Series B Preferred Stock ("Certificate of Designation") attached hereto as Exhibit 1.1 and incorporated herein.

• The Company will be financially solvent, such that it will be able to pay the dividends required by Section 3(a) of both the Series A Preferred Stock Certificate of Designation and Series B Preferred Stock Certificate of Designation, through the end of 2020.

• The rights, privileges and preferences of the Series B Preferred Stock are as stated in the Series B Preferred Stock Certificate of Designation filed with the Secretary of State of the State of Delaware on July 9, 1998.

• The covenants set forth in this Section 2.4 shall terminate and be of no further force or effect upon a Liquidation Event, as that term is defined in the Company’s Series B Preferred Stock Certificate of Designation (as amended from time to time).

• It adapted its decisions based on input it received from the claimants who appeared before it.

• Immediately following the conversion of the Convertible Debt into shares of Common Stock, the Company shall convert the Series B Preferred Stock into shares of Common Stock in the manner set forth in section 4(b) of the Series B Preferred Stock Certificate of Designation, as amended.

• Based on such examination, we are of the opinion that the 28,150,000 shares of Common Stock of the Company being registered pursuant to the Registration Statement and to be issued to the purchasers thereof will be, upon issuance in accordance with the terms of the Company's Certificate of Designation of Series B Preferred Stock, Certificate of Designation of Series C Preferred Stock or the terms of the warrants, as applicable, duly authorized shares, validly issued, fully paid, and nonassessable.

• The Series B Preferred Stock Certificate of Designation (the “Certificate of Designation”), attached hereto as Exhibit A, includes a common stock beneficial ownership limitation of 4.99%, pari passu dividend rights, liquidation preferences, and other material terms as included in the Certificate of Designation.

• As defined in the Purchaser Series A Preferred Stock Certificate of Designation and the Purchaser Series B Preferred Stock Certificate of Designation, collectively.

More Definitions of Series B Preferred Stock Certificate of Designation

Series B Preferred Stock Certificate of Designation means a Statement of Designations setting forth the terms of the Series B Preferred Stock included within the Amended and Restated Certificate of Incorporation.

Series B Preferred Stock Certificate of Designation has the meaning set forth in the Recitals.

Series B Preferred Stock Certificate of Designation means the Statement of Preferences and Rights setting forth the terms of the Series B Preferred Stock included within the Amended and Restated Certificate of Incorporation.

Series B Preferred Stock Certificate of Designation means the Certificate of Designation of Preferences, Rights and Limitations of the Series B Convertible Redeemable Preferred Stock of the Corporation, dated as of the date hereof. “Share Delivery Date” shall have the meaning set forth in Section 6(c). “Stated Value” shall have the meaning set forth in Section 2. “Subsidiary” means any subsidiary of the Corporation as set forth on Schedule 3.1(a) of the Purchase Agreement and shall, where applicable, also include any direct or indirect subsidiary of the Corporation formed or acquired after the date of the Purchase Agreement. “Successor Entity” shall have the meaning set forth in Section 7(d). “Trading Day” means, as applicable, (x) with respect to all price or trading volume determinations relating to the Common Stock, any day on which the Common Stock is traded on the Trading Market, or, if the Trading Market is not the principal trading market for the Common Stock, then on the principal securities exchange or securities market on which the Common Stock is then traded, provided that “Trading Day” shall not include any day on which the Common Stock is scheduled to trade on such exchange or market for less than 4.5 hours or any day that the Common Stock is suspended from trading during the final hour of trading on such exchange or market (or if such exchange or market does not designate in advance the closing time of trading on such exchange or market, then during the hour ending at 4:00:00 p.m., New York time) unless such day is otherwise designated as a Trading Day in writing by the Holder or (y) with respect to all determinations other than price determinations relating to the Common Stock, any day on which The New York Stock Exchange (or any successor thereto) is open for trading of securities. “Trading Market” means any of the following markets or exchanges on which the Common Stock is listed or quoted for trading on the date in question: the NYSE American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market, or the New York Stock Exchange (or any successors to any of the foregoing). “Transaction Documents” means this Certificate of Designation, the Series B Preferred Stock Certificate of Designation, the Purchase Agreement, the Registration Rights Agreement, the Warrants, the Escrow Agreement, the Financial Advisory Agreement, the Lock-Up Agreements, all exhibits and schedules thereto and hereto and any other documents or agreements executed in