Series B Preferred Stock Certificate of Designations definition

Series B Preferred Stock Certificate of Designations means the Certificate of Designations designating the rights and preferences of the Series B Preferred Stock adopted by the Board of Directors and attended as EXHIBIT A hereto.

Series B Preferred Stock Certificate of Designations means the Certificate of Designations, Number, Voting Powers, Preferences and Rights of 9% Series B Cumulative Redeemable Preferred Stock of the General Partner.

Series B Preferred Stock Certificate of Designations means the Certificate of Designation of Series B Convertible Preferred Stock s, attached as Exhibit A to the Series B Preferred Stock Purchase Agreement.

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

• Notwithstanding the foregoing, no reduction of the Exercise Price or increase in the number of shares of Common Stock obtainable upon exercise of this Warrant pursuant to this Section 2F(ii) shall be made at any time when representatives of holders of the Warrants constitute a majority of the Board of Directors, whether elected pursuant to Section 5B or 8B of the Series B Preferred Stock Certificate of Designations or otherwise.

• The form of Notice of Conversion and Notice of Exercise included in the Series B Preferred Stock Certificate of Designations and Warrants set forth the totality of the procedures required of the Purchasers in order to convert the Shares and exercise the Warrants, respectively.

• Such Series B Preferred Stock Certificate of Designations authorizing for issuance the Exchange Shares has been duly authorized by the board of directors of Trestle and no other consent, authorization or approval is required to file such Series B Preferred Stock Certificate of Designations with the Secretary of State of the State of Delaware or issue the Exchange Shares.

• If an Event of Noncompliance of the type described in Section 8A(vii) of the Series B Preferred Stock Certificate of Designations occurs, the Exercise Price of the Warrants shall be reduced immediately by 20% of the Exercise Price in effect immediately prior to such adjustment and the number of shares of Common Stock obtainable upon exercise of this Warrant shall be proportionately increased.

• The holder of the Placement Securities will have the rights, preferences and priorities of the Securities as set forth in the Series A Preferred Stock Certificate of Designations or the Series B Preferred Stock Certificate of Designations, as applicable (each of the Series A Preferred Stock Certificate of Designations and the Series B Preferred Stock Certificate of Designations, a “Certificate of Designations”).

• On Closing Date (as defined below), subject to the terms and conditions of this Agreement, the Investor shall, and the Company shall, pursuant to Section 3(a) (9) of the Securities Act and/or 4(a)(2) of the Securities Act, exchange all shares of Series B Preferred Stock held by the Investor for shares of Common Stock on the basis of one share of Common Stock for each $0.08 of Stated Value (as defined in the Series B Preferred Stock Certificate of Designations) of Series B Preferred Stock being exchanged.

• The other amendments to the Series B Preferred Stock Certificate of Designations, and the Series B-1 Preferred Stock Certificate of Designations, together with the holders of the Series A Preferred Stock waiving their anti-dilution protection, were not deemed to be significant and were therefore accounted for as modifications.

More Definitions of Series B Preferred Stock Certificate of Designations

Series B Preferred Stock Certificate of Designations means the Certificate of Designations governing the relative rights, preferences and limitations of the Series B Preferred Stock.

Series B Preferred Stock Certificate of Designations means the Certificate of Designations to the Parent's Certificate of Incorporation establishing and fixing the rights and preferences of the Series B Preferred Stock, filed with the Secretary of State of Delaware on the Second Amendment Effective Date.

Series B Preferred Stock Certificate of Designations means the Certificate of Designations, Preferences and Rights of Series B Perpetual Preferred Stock of the Corporation, as amended.