Examples of Series C-2 Shares in a sentence
Any term of this Agreement may be amended and the observance of any term of this Agreement may be waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent of Shareholders holding in excess of fifty percent (50%) of the Shares of the Company (on an as-converted basis) and in excess of fifty percent (50%) of the Series C Shares, Series C-1 Shares, Series C-2 Shares and Series D Shares (collectively on an as-converted basis).
For the avoidance of doubt, no conversion shall prejudice the right of a holder of Series A Shares, the Series A-1 Shares, the Series B Shares, the Series C Shares, the Series C-1 Shares, the Series C-2 Shares and/or the Series D Shares to receive dividends and other distributions declared but not paid as at the date of conversion on the Series A Shares, the Series A-1 Shares, the Series B Shares, the Series C Shares, the Series C-1 Shares, the Series C-2 Shares and/or the Series D Shares being converted.
The Company shall at all times reserve and keep available out of its authorized but unissued Class A Ordinary Shares, for the purpose of effecting the conversion of the Series C-2 Shares, the Series C-1 Shares, the Series C Shares and the Series B Shares.
Holders of the Series C Shares, Series C-1 Shares, Series C-2 Shares and Series D Shares shall each be entitled (but not obligated) to be mentioned as investors in the Company and to include its or their company description in the Company’s press releases.
The conversion rate for the Series C-2 Shares shall be determined by dividing the applicable Series C-2 Issue Price for each of the Series C-2 Shares by its conversion price applicable to such Series C-2 Share (the “Series C-2 Conversion Price”), determined as hereafter provided, in effect on the date the certificate is surrendered for conversion.