Examples of Series BB-1 Preferred Shares in a sentence
In the event that the Distribution Assets are not sufficient for distribution to the holders of the Series BB-1 Preferred Shares and the holders of the Series BB-2 Preferred Shares pursuant to this subarticle (c), such Distribution Assets as are available for distribution, shall be distributed among the holders of the Series BB-1 Preferred Shares and the holders of the Series BB-2 Preferred Shares pro-rata in proportion to the preferential amount each such holder is otherwise entitled to receive.
In connection with the Financing, Series BB-1 Preferred Shares issued in January 2006 upon the deferred closing of the previous financing (the Poalim financing) to Genesis entities (an aggregate number of 862,292 Preferred BB-1 Shares) shall be converted into the new class of Series BB-3 Preferred Shares.
The initial Conversion Price per share for the Series BB-3 Preferred Shares, the Series BB-1 Preferred Shares and the Series AA Preferred Shares shall be the Original Issue Price of the Series BB-1 Preferred Shares and the initial Conversion Price for the Series BB-2 Preferred Shares shall be the Original Issue Price of the Series BB-2 Preferred Shares, provided, however, that the Conversion Price for the Preferred Shares shall be subject to adjustment as set forth in subarticles 9(c), 9(d) and 9(e).
The outstanding Ordinary Shares, Ordinary-Preferred Shares, Series AA Preferred Shares, Series BB-1 Preferred Shares and Series BB-2 Preferred Shares, are all duly and validly authorized and issued, fully paid and nonassessable, were issued free of any lien, pledge, claim, charge, encumbrance or third party rights of any kind (“Security Interest”), and were issued in compliance with all applicable laws, including the relevant securities laws of the State of Israel.
The authorized capital of the Company is comprised of NIS 950,001 divided into: 53,000,060 Ordinary Shares, par value 0.01 NIS per share, 15,000,000 Series AA Preferred Shares, par value 0.01 NIS per share, 12,137,708 Series BB-1 Preferred Shares, par value 0.01 NIS per share, 4,000,000 Series BB-2 Preferred Shares, par value 0.01 NIS per share, 5,862,292 Series BB-3 Preferred Shares, par value 0.01 NIS per share and 5,000,040 Series BB-4 Preferred Shares, par value 0.01 NIS per share.
The authorized capital of the Company is comprised of NIS 964,500 divided into: 53,000,060 Ordinary Shares, par value 0.01 NIS per share, 15,000,000 Series AA Preferred Shares, par value 0.01 NIS per share, 12,137,708 Series BB-1 Preferred Shares, par value 0.01 NIS per share, 4,000,000 Series BB-2 Preferred Shares, par value 0.01 NIS per share, 5,862,292 Series BB-3 Preferred Shares, par value 0.01 NIS per share and 6,449,940 Series BB-4 Preferred Shares, par value 0.01 NIS per share.
Subject to the Law and these Articles, the holders of Series B/B-1 Preferred Shares shall vote together as a single class, and not as separate classes or series, on an as-converted to Ordinary Shares basis, with respect to any question or matter upon which holders of Series B Preferred Shares or Series B-1 Preferred Shares have the right to vote or otherwise put before the holders of Series B Preferred Shares or Series B-1 Preferred Shares.
Pursuant to the terms of Warrants issued on January 14, 2005, July 18, 2005 and November 6, 2005 to Plenus Technologies Ltd., exercisable, in accordance with their terms, into 1,556,437 Series BB-1 Preferred Shares (“Plenus”, “Plenus Warrants”), the shares issuable upon exercise of the Plenus Warrants confer upon the holders thereof certain pre-emptive rights and registration rights.
The foregoing right to request redemption of the Series B/B-1 Preferred Shares hereunder, for clarity, may not be exercised if any of the events described in (x)-(z) in this Article 3.5(b)(i) have occurred by the Redemption Start Date.
Trace D shows the position of the HOM dip, which is now reduced by 6.4±0.4 µμm with respect to the full-aperture case, resulting in a total delay compared to the collimated case of 1.3±0.6 µμm.