Examples of Series C Certificate of Designation in a sentence
Parent shall have filed with the Secretary of State of the State of Delaware the Series C Certificate of Designation.
Pursuant to Section 7(c) of the Series C Certificate of Designation, the conversion price of the Series C Preferred Stock shall be reduced to the lowest effective price per share at which shares of the Company’s Common Stock are sold in the Offering, to the extent lower than the current conversion price of the Series C Preferred Stock.
The Per Share Series C Consideration has been calculated as the amount equal to the greater of (i) 101% of the Series C Regular Liquidation Preference (as defined in the Series C Certificate of Designation) and (ii) the product of (1) the Per Share Common Stock Consideration and (2) the number of shares of Company Common Stock into which each share of Series C Preferred Stock is convertible.