Series B Shares Outstanding definition

Series B Shares Outstanding means the number of shares of Series B Preferred Stock issued and outstanding as of immediately prior to the Effective Time.
Sample 1Sample 2
Series B Shares Outstanding means the total number of shares of Series B Preferred Stock issued and outstanding as of immediately prior to the Effective Time (after giving effect to any conversions of shares of Series B Preferred Stock into shares of Company Common Stock prior to, or contingent upon the occurrence of, the Effective Time).
Sample 1Sample 2
Series B Shares Outstanding shall equal the total number of shares of Company Series B Stock issued and outstanding at the Effective Time. The "Series C Shares Outstanding" shall equal the total number of shares of Company Series C Stock issued and outstanding at the Effective Time. The "Series D Shares Outstanding" shall equal the total number of shares of Company Series D Stock issued and outstanding at the Effective Time. The "Common Shares Outstanding" shall equal the total number of shares of Company Common Stock issued and outstanding at the Effective Time plus the total number of shares of Company Common Stock issuable upon exercise of all Company Options listed on Exhibit H-1 attached hereto and outstanding at the Effective Time. "Total Parent Shares to be Issued" shall equal (A) $21,000,000 divided by (B) the average closing price as quoted on the Nasdaq National Market and as reported in the Wall Street Journal of one share of Parent Common Stock for the ten trading days prior to and including the trading day ending one day prior to the date of this Agreement (the "Parent Closing Price"). "Remaining Parent Shares to be Issued" shall equal (A) the Total Parent Shares to be Issued minus (B) the sum of (i) the Series A Shares Outstanding multiplied by the Series A Exchange Ratio, plus (ii) the Series B Shares Outstanding multiplied by the Series B Exchange Ratio, plus (iii) the Series C Shares Outstanding multiplied by the Series C Exchange Ratio, plus (iv) the Series D Shares Outstanding multiplied by the Series D Exchange Ratio.
Sample 1

Examples of Series B Shares Outstanding in a sentence

  • The "Series B Shares Outstanding" shall equal the total number of shares of Company Series B Stock issued and outstanding at the Effective Time.

Related to Series B Shares Outstanding

  • Company Outstanding Shares means the total number of shares of Company Common Stock outstanding immediately prior to the Effective Time, expressed on a fully-diluted and as-converted to Company Common Stock basis.

  • Common Stock Outstanding means the aggregate of all Common Stock outstanding and all Common Stock issuable upon exercise of all outstanding Options and conversion of all outstanding Convertible Securities.

  • Fully Diluted Outstanding means, when used with reference to Common Stock, at any date as of which the number of shares thereof is to be determined, all shares of Common Stock Outstanding at such date and all shares of Common Stock issuable in respect of this Warrant, outstanding on such date, and other options or warrants to purchase, or securities convertible into, including without limitation the shares of Common Stock outstanding on such date which would be deemed outstanding in accordance with GAAP for purposes of determining book value or net income per share.

  • Series B-1 Preferred Shares means the Company’s series B-1 preferred shares, par value US$0.00001 per share.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.

  • Class B Common Shares means the Class B Convertible Voting Common Shares of the Company, par value $1.00 per share.

  • Class A Common Shares means class A common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class A common shares may be converted.

  • Series B Common Stock means the Series B Common Stock, par value $0.01 per share, of the Company.

  • Outstanding Shares means those Shares recorded from time to time in the books of the Trust or its transfer agent as then issued and outstanding, but shall not include Shares which have been redeemed or repurchased by the Trust and which are at the time held in the treasury of the Trust.

  • Series B Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series B, of the Company.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.001 per share, of the Company.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • Company Series B Preferred Stock means the Series B Preferred Stock, par value $0.0001 per share, of the Company.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Adjusted Outstanding Dollar Principal Amount means at any time during a Monthly Period with respect to any Series, Class or Tranche of Notes, the Outstanding Dollar Principal Amount of all Outstanding Notes of such Series, Class or Tranche of Notes at such time, less any funds on deposit in the Principal Funding Account or the related Sub-Account, as applicable, for the benefit of such Series, Class or Tranche of Notes at such time.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Class B Common Stock means the Class B common stock, par value $0.0001 per share, of the Company.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Class A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.