Examples of Series C-3 Preferred in a sentence
The conversion prices for the Series C-1 Preferred Stock, Series C-2 Preferred Stock and Series C-3 Preferred Stock are $1.16, $1.214 and $1.15, respectively.
After the payment or the setting apart of payment to the holders of the Series A-1 Preferred, Series A-2 Preferred, Series B Preferred, Series C-1 Preferred, Series C-2 Preferred and Series C-3 Preferred of the preferential amounts so payable to them, the holders of Common Stock shall be entitled to receive all remaining assets of this corporation.
All of the preferential amounts to be paid to the holders of the Series B Preferred, Series C-1 Preferred, Series C-2 Preferred and Series C-3 Preferred under this Section 3 shall be paid or set apart for payment before the payment or setting apart for payment of any amount for, or the distribution of any assets of this corporation to, the holders of the Series A-1 Preferred, Series A-2 Preferred, and Common Stock in connection with such liquidation, dissolution or winding up.
The conversion prices for the Series C-1 Preferred Stock, Series C-2 Preferred Stock, and the Series C-3 Preferred Stock are $1.16, $1.214, and $1.15, respectively.
The shares of the Series A Preferred Stock, Series A-1 Preferred Stock, Series B Preferred Stock, Series C-1 Preferred Stock, Series C-2 Preferred Stock, Series C-3 Preferred Stock, Series D Preferred Stock, Series E Preferred Stock and Series F-1 Preferred Stock shall not be redeemable at the election of the Corporation at any time except pursuant to the terms of an agreement between the Corporation and the holder or holders of any of such shares.
Dividend Rights of Series C-3 Preferred Shares and Series D-2 Preferred Shares.
The rights, privileges and preferences of the Series B-1 Preferred Stock, Series B-2 Preferred Stock, Series C-1 Preferred Stock, Series C-3 Preferred Stock and Series D Preferred Stock are as stated in the Company Certificate of Incorporation.
The conversion price at which shares of Common Stock shall be deliverable upon conversion of the Series C-3 Preferred Stock without the payment of additional consideration by the holder thereof (the “Series C-3 Conversion Price”) shall initially be equal to the Series C-3 Original Purchase Price.
The holders of shares of the Series A Preferred Stock, Series A-1 Preferred Stock, Series B Preferred Stock, Series C-1 Preferred Stock, Series C-2 Preferred Stock, Series C-3 Preferred Stock, Series D Preferred Stock, Series E Preferred Stock and Series F-1 Preferred Stock shall not be entitled to receive any fixed dividends thereon.
Notwithstanding the foregoing, purchasers of shares of the Company’s Series C-3 Preferred Stock under the Purchase Agreement or an addendum thereto after the date of the Purchase Agreement may be subsequently added as a party to this Agreement as an Investor and shall be bound by and entitled to the terms, benefits and conditions herein by the execution of this Agreement on a signature page to this Agreement.