Series B Stock definition

Series B Stock means the Company's Series B Convertible Preferred Stock, par value $0.000001 per share.

Series B Stock means the series of Preferred Stock authorized and designated as Series B 6.40% Preferred Stock at the date of the Certificate, including any shares thereof authorized and designated after the date of the Certificate.

Series B Stock means all of the outstanding shares of the Series B Preferred Stock and the Series B1 Preferred Stock, together, at the time in question, which shares shall be PARI PASSU for all purposes except conversion price, and any new subseries of the Series B Preferred Stock created pursuant to Section 9 hereof.

Examples of Series B Stock in a sentence

• Such conversion shall be deemed to be effective on the business day (the "Conversion Date") following the receipt by the Corporation of written notice from the holder of the Series B Preferred Stock of the holder's intention to convert the shares of Series B Stock, together with the holder's stock certificate or certificates evidencing the Series B Preferred Stock to be converted.

• The determination as to whether or not any fractional shares are issuable shall be based upon the total number of shares of Series B Stock being converted at any one time by any holder thereof, not upon each share of Series B Stock being converted.

• Such conversion shall be deemed to be effective on the business day (the “Conversion Date”) following the receipt by the Corporation of written notice from the holder of the Series B Preferred Stock of the holder's intention to convert the shares of Series B Stock, together with the holder's stock certificate or certificates evidencing the Series B Preferred Stock.

• A certificate or certificates will be issued for the remaining shares of Series B Stock in any case in which fewer than all of the shares of Series B Stock represented by a certificate are converted.

• The holders of the Convertible Preferred Series B Stock are entitled to vote together with the holders of the Company's Common Stock and Series A Preferred Stock.

More Definitions of Series B Stock

Series B Stock means the Series B Convertible Preferred Stock of the Company issued pursuant to the Purchase Agreement.

Series B Stock means the Company’s Series B Preferred Stock, $0.0001 par value per share, and any securities of the Company into or for which the outstanding shares of Series B Preferred Stock may be converted, reclassified, reorganized or exchanged.

Series B Stock means the Company's Series B Preferred Stock, par value $0.001 per share.

Series B Stock has the meaning set forth in the recitals.

Series B Stock means the Company's Series B Convertible Participating Preferred Stock, $.01 par value per share, the rights, privileges, preferences, limitations and qualifications of which are set forth in the Certificate of Designations attached to the Company's Certificate of Incorporation.

Series B Stock means the Series B Participating Convertible Preferred Stock, par value $.01 per share, of the Company.

Series B Stock means the Company’s Series B Convertible Redeemable Preferred Stock, stated value $10.00 per share.