Series B Preferred Stockholders definition

Series B Preferred Stockholders means the holders of the outstanding shares of Series B Preferred Stock.

Series B Preferred Stockholders means the holders of the Series B Preferred Stock.

Series B Preferred Stockholders has the meaning set forth in the Preamble.

Examples of Series B Preferred Stockholders in a sentence

• If such offer is oversubscribed by such Series B Preferred Stock holders then the Corporation shall offer such securities to such Series B Preferred Stockholders pro rata on the basis of the number of securities previously subscribed to by such holders pursuant to the formula above.

• Each share of Series B Preferred Stock shall have anti-dilution protection such that any issuance of common shares or other financial instruments shall result in an equal number of shares so issued to the Series B Preferred Stock shareholders on a pro-rated basis to the number of shares then outstanding, so long as at least one share of Series B Preferred Stock is outstanding, so there shall be no dilution to the Series B Preferred Stockholders from the issuance of new shares.

• At any time when shares of Series B Preferred Stock are required to vote, the written consent or affirmative vote of the holders of at least 50% of the then outstanding shares of Series B Preferred Stock, given in writing or by vote at a meeting, consenting or voting (as the case may be) separately as a class, shall be binding on all Series B Preferred Stockholders.

• Series B Convertible Preferred Stock preclude current and future owners of our common stock, including the Offered Shares, from influencing any corporate decision because the Series B Convertible Preferred Stock has the ability to always vote 51% of the total vote so long as it is outstanding, and in order to change the rights of the Preferred Stockholders or to amend the Articles and Bylaws, it requires a vote of 66 and 2/3% of the Series B Preferred Stockholders.

• In any such vote, and in any vote or action of the Series B Preferred Stockholders voting together as a separate class or with the other holders of Series Preferred Stock as a separate class, each share of issued and outstanding Series B Preferred Stock shall entitle the holder thereof to one vote per share for each share of Common Stock (including fractional shares) into which each share of Series B Preferred Stock is then convertible, rounded to the nearest one-tenth of a share.

• The shares of Series B Preferred Stock issuable upon exercise of this Warrant and securities issued upon conversion of such stock are subject to the registration rights granted to Series B Preferred Stockholders.

• If the Series B Preferred Stockholders are entitled to vote, such holders shall be entitled, notwithstanding any provision hereof, to notice in accordance with the bylaws of this corporation of any stockholders' meeting that is called to consider a matter as to which the Series B Preferred Stockholders would be entitled to vote.

• If the Company exercises such put option, then the Series B Preferred Stockholders have a right to elect redemption of their Series B Preferred Stock in the amount of $1.50 per share.

• The Company has paid its Series B Preferred Stockholders its current dividend of $0.22 per share per annum (8% of the purchase price per share) plus its dividends in arrears commencing in September 1994.

• Capitalized terms used herein but otherwise not defined shall have the meaning given to such terms in the Series B Preferred Stockholders Agreement.

More Definitions of Series B Preferred Stockholders

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

Series B Preferred Stockholders means the holders of Series B Preferred Stock, and the term "Series B Preferred Stockholder" shall mean any such Person.

Series B Preferred Stockholders means each of the individuals or entities listed in Exhibit A that hold Series B Preferred Stock. “Series B Threshold Amount” means, with respect to each outstanding share of Series B Preferred Stock outstanding on the relevant date of determination, (a) during the period from the Series D Issue Date to the second anniversary of the Series D Issue Date, 150% of the Series B Conversion Price plus accumulated and unpaid dividends, (b) at the third anniversary of the Series D Issue Date, 160% of the Series B Conversion Price plus accumulated and unpaid dividends (provided that if the date of determination occurs between the second and third anniversary of the Series D Issue Date, then the percentage value will be equal to the sum of (x) 150% and (y) the product of (i) a fraction (A) the numerator of which is the number of days between the second anniversary date to the date of determination and (B) the denominator of which is 365 and (ii) 10%), (c) at the fourth anniversary of the Series D Issue Date, 170% of the Series B Conversion Price plus accumulated and unpaid dividends (provided that if the date of determination occurs between the third and fourth anniversary of the Series D Issue Date, then the percentage value will be equal to the sum of (x) 160% and (y) the product of (i) a fraction (A) the numerator of which is the number of days between the third anniversary date to the date of determination and (B) the denominator of which is 365 and (ii) 10%), (d) at the fifth anniversary of the Series D Issue Date, 180% of the Series B Conversion Price plus accumulated and unpaid dividends (provided that if the date of determination occurs between the fourth and fifth anniversary of the Series D Issue Date, then the percentage value will be equal to the sum of (x) 170% and (y) the product of (i) a fraction (A) the numerator of which is the number of days between the fourth anniversary date to the date of determination and (B) the denominator of which is 365 and (ii) 10%), and (e) after the fifth anniversary of the Series D Issue Date, 180% of the Series B Conversion Price plus accumulated and unpaid dividends. “Series C Certificate of Designation” means the Certificate of Designation of the Powers, Preferences and Relative, Participating, Optional and Other Special Rights of Convertible Preferred Stock, Series C, and Qualifications, Limitations and Restrictions thereof, of the Corporation. Brightstar Corp. Fourth Amended and Restated Stockholders’ Agreement

Series B Preferred Stockholders means each of the individuals or entities listed in Exhibit A that hold Series B Preferred Stock.

Series B Preferred Stockholders means the holders of the Series B Preferred Stock, and shall include any successor to, or assignee or transferee of, any of the Series B Preferred Stockholders who shall agree in writing to be treated as a Series B Preferred Stockholder and to be bound by the terms and to comply with the provisions of this Agreement.

Series B Preferred Stockholders means any holder of Company Series B Preferred Stock immediately prior to the First Effective Time.