Series B Transaction definition

Series B Transaction means the purchase by the Series B Shareholders of 239,051 Series B Preferred Shares for an aggregate consideration of US$27,999,948 and related transactions.
Sample 1Sample 2
Series B Transaction has the meaning specified in Section 6.16.
Sample 1Sample 2
Series B Transaction means the issuance and sale of shares of Series B Stock to the Series B Investor, pursuant to the terms of a certain Convertible Preferred Stock Purchase Agreement to be executed by the Company and the Series B Investor.
Sample 1

Examples of Series B Transaction in a sentence

  • For the avoidance of doubt and except as otherwise stated herein, if any Preferred Shareholders enjoys any other privileges and rights in the Company not provided in the Series B Transaction Documents or the Series B Share Purchase Agreement (as defined in the Fifth Restated Articles), the Series B Preferred Shareholders shall also be, automatically and without any consent or approval from any person, entitled to such privileges and rights.

  • Section 2: For the purposes of this contract, the term “shift personnel” shall refer to all full-time firefighters, lieutenants, captains, and battalion chiefs.

  • The Company further agrees to file with the Commission as soon as practicable after the Closing Date the Proxy Statement with respect to the Special Meeting to consider approval of the Series B Transaction, use its best efforts to resolve as promptly as practicable any comments of the staff of the Commission to such Proxy Statement and promptly thereafter mail the Proxy Statement to its shareholders.

  • Each Warrantor and Founder has fully complied with the terms of the Series A Transaction Documents and the Series B Transaction Documents to which such Warrantor or Founder is a party, and the obligations of each Warrantor and Founder under the Series A Transaction Documents and the Series B Transaction Documents have been fully fulfilled, except where a written waiver is given by the Series B Investors.

  • In lieu of exercising this Warrant pursuant ------------------ to Section 2(a) hereof, the Holder may elect to receive a number of Shares equal to the value (as determined below) of this Warrant (or the portion thereof being canceled) by surrender of this Warrant and the fully executed Series B Transaction Documents at the principal office of the Company, together with the Notice of Exercise in which alternative No. 1 is initiated by the Holder.

  • In consideration for the Shareholder’s consent to the Series B Transaction, the Note Transaction, the Maturity Extension and certain additional rights, preferences and obligations, the Shareholder hereby consents to the amendment and restatement of the Articles in substantially the form attached hereto as Exhibit A.

  • The employment agreements, confidential and invention assignment agreements and non-competition agreements entered into between each Key Employee and Shanghai Liulishuo or Shanghai Yuguan under the Series B Transaction Documents has been fully complied with by each Key Employee thereto and the Shanghai Liulishuo or Shanghai Yuguan (as the case may be).

  • Subject to the satisfaction or waiver of all the conditions set forth in Sections 4 and 5 hereto, upon approval of the Series B Transaction (as defined in Section 6.16) by the shareholders of the Company, unless otherwise agreed by the parties, the Company shall sell all of the Series B Notes to the Investors, and the Investors shall be obligated to purchase the Series B Notes from the Company.

  • The Series B Preferred Stock shall -------------------------- have anti-dilution rights, registration rights, and information rights substantially similar to those rights given to holders of the Company's Series A Preferred Stock, which rights shall be set forth in the Series B Transaction Documents.

  • None of the documents or information delivered to the Purchasers in connection with the transactions contemplated by this Agreement, the Shareholders Agreement and the Series B Transaction Documents, including, without limitation, the SEC Reports, contains any untrue statement of a material fact or omits to state a material fact necessary in order to make the statements contained therein not misleading.


More Definitions of Series B Transaction

Series B Transaction means Borrower's issuance and sale of 1,000,000 shares of Parent's Series B Preferred Stock to Pengo Securities Corp. and Xxxxxx X. Xxxxxx, on or about July 31, 1996, for a cash purchase price of $10,000,000, as more fully described in that certain Agreement dated as of June 12, 1996, among Xxxxx Management Company, Inc., Farmout, Inc., Xxxxxxx X. Xxxxx, Xxxxxxx X. Xxxxx, Xxxx X. Xxxxx, Parent and Borrower and that certain agreement dated as of June 12, 1996, among Xxxxxx X. Xxxxxx and Parent.
Sample 1

Related to Series B Transaction

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Financing Transaction means a transaction in which a licensed provider obtains financing from a financing entity, including any secured or unsecured financing, any securitization transaction, or any securities offering which either is registered or exempt from registration under federal and state securities law.

  • M&A Transaction means (a) a transaction in which all or substantially all of the assets to which the subject matter of this Agreement relates are acquired by or assigned to party that is not an Affiliate, or (b) a sale of all or substantially all of the share capital of BioLine (or its Affiliates), (c) the merger of BioLine (or its Affiliates) with any other entity, or any other similar corporate action, except an internal reorganization of BioLine (or its Affiliates) for tax-related reasons otherwise.

  • Exchange Transaction means an exchange of Units for Common Units pursuant to, and in accordance with, the Exchange Agreement or, if the Issuer and the exchanging Limited Partner shall mutually agree, a Transfer of Units to the Issuer, the Partnership or any of their subsidiaries for other consideration.

  • Financing Transactions means the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party, the borrowing of Loans, the use of the proceeds thereof and the issuance of Letters of Credit hereunder.

  • Private Placement Transaction means a “limited offering” as defined from time to time in Rule 17j-l under the 1940 Act or any applicable successor provision. Currently, this means an offering exempt from registration under the Securities Act of 1933 pursuant to Section 4(2) or 4(6) or Rule 504, 505 or 506 under that Act, including hedge funds.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the holders of Common Shares. Such term does not include:

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • Closing Transactions has the meaning set forth in Section 11.8(a) of these Bylaws.

  • securities financing transaction or 'SFT' means a repurchase transaction, a securities or commodities lending or borrowing transaction, or a margin lending transaction;

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Permitted Warrant Transaction means any call option, warrant or right to purchase (or substantively equivalent derivative transaction) on the Company’s common stock sold by the Company substantially concurrently with any purchase by the Company of a related Permitted Bond Hedge Transaction.

  • Merger Transaction means any merger, acquisition or similar transaction involving a recapitalization as contemplated by Rule 10b-18(a)(13)(iv) under the Exchange Act.

  • Merger Transactions means, collectively, the transactions contemplated by this Agreement, including the Merger, but excluding, in any event, the Equity Financing.

  • Debt Purchase Transaction means, in relation to a person, a transaction where such person:

  • FICASH II Transaction means a repurchase transaction in which the Repurchase Date is the Banking Day next following the Sale Date and for which one or more of the following two categories of securities, as specified by the Funds, shall constitute Eligible Securities: (x) securities issued by the government of the United States of America that are direct obligations of the government of the United States of America, or (y) securities issued by or guaranteed as to principal and interest by the government of the United States of America, or by its agencies and/or instrumentalities, including, but not limited to, the Federal Home Loan Bank, Federal Home Loan Mortgage Corp., Government National Mortgage Association, Federal National Mortgage Association, Federal Farm Credit Bank, Federal Intermediate Credit Bank, Banks for Cooperatives, and Federal Land Banks.

  • Securities Financing Transactions means collectively securities lending transactions, sale and repurchase transactions and reverse repurchase transactions.

  • FICASH III Transaction means a repurchase transaction in which the Repurchase Date is the Banking Day next following the Sale Date and for which securities issued by the government of the United States of America that are direct obligations of the government of the United States of America shall constitute Eligible Securities.

  • Reorganization Transaction see clause (d) of the definition of “Change of Control.”

  • Acquisition Transaction means any transaction involving:

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Co-Investment Transaction means any transaction in which one or more Regulated Funds (or its Wholly-Owned Investment Sub (defined below)) participated together with one or more Affiliated Funds and/or one or more other Regulated Funds in reliance on the Order.

  • Refinancing Transactions means the transactions described under “Summary—The Refinancing Transactions” in the Offering Memorandum.

  • Potential Co-Investment Transaction means any investment opportunity in which a Regulated Fund (or its Wholly-Owned Investment Sub) could not participate together with one or more Affiliated Funds and/or one or more other Regulated Funds without obtaining and relying on the Order.

  • Sale Transaction has the meaning set forth in Section 3(a).