Series C Conversion Shares definition

Series C Conversion Shares means the shares of Common Stock that may be issued upon the conversion of the Series C Preferred Stock as provided for in the Series C Certificate of Designation.

Series C Conversion Shares means Series C Preferred Shares then outstanding on a fully diluted, as-converted basis.

Series C Conversion Shares means the shares of Common Stock issuable, upon certain conditions, by the Company to Purchaser in respect of the Series C Preferred Stock.

Examples of Series C Conversion Shares in a sentence

• At the time of the Closing, the sale and issuance of the Securities, the GE Warrants, the Series C Preferred Stock, the Series B Conversion Shares, the Series C Conversion Shares, the Series D Preferred Stock, the Series D Conversion Shares, the Warrant Shares and the GE Warrant Shares shall be legally permitted by all laws and regulations to which the Company and the Purchaser are subject.

• The offer and sale of the Series C Purchased Shares under this Agreement, and the issuance of the Series C Conversion Shares upon conversion thereof are or shall be exempt from the registration requirements and prospectus delivery requirements of the Act, and from the registration or qualification requirements of any other applicable securities laws and regulations.

• The Series C Purchased Shares and the Series C Conversion Shares will be acquired for each Series C Purchaser’s own account, not as a nominee or agent, and not with a view to or in connection with the sale or distribution of any part thereof.

• As of the closing of the Offering, the Company’s issued and outstanding Equity Securities shall consist solely of (i) 51 Preferred Series A shares, (ii) Common Shares issued as of the date of the closing of the Offering (and taken into account in determining the Cancellation Shares), (iii) the Cancellation Shares, (iv) the Series C Conversion Shares, (v) the Options, (vi) the Offering Shares and (vii) the Offering Warrants.

• Notwithstanding anything to the contrary contained in this Section 6.14(c), the Purchaser shall not need any approval by any directors, the Board of Directors or any stockholders under this Section 6.14 in order to transfer, sell or assign any of its Series C Conversion Shares in the circumstances and the persons set forth in clauses (i), (ii) and (iii) of Section 6.14(b).

More Definitions of Series C Conversion Shares

Series C Conversion Shares means the Common Shares issued to holders of Preferred Series C at the closing of the Offering. Unless the context of this Agreement clearly requires otherwise, references to the plural include the singular, references to the singular include the plural, the term “including” is not limiting, and the term “or” has, except where otherwise indicated, the inclusive meaning represented by the phrase “and/or.”

Series C Conversion Shares means shares of Series C Preferred issued or issuable upon conversion of shares of Series E Preferred.

Series C Conversion Shares means the total number of shares of Target Common Stock into which all shares of Target Series C Preferred Stock outstanding immediately prior to the Effective Time are convertible.

Series C Conversion Shares shall have the meaning ascribed to the term “Conversion Shares” in the Series C Certificate of Designation.

Series C Conversion Shares shall include all shares of Common Stock issuable upon conversion of the Series C Preferred Stock in accordance with the Series C Certificate of Designation and (z) the term “Conversion Shares” shall include all Series B Conversion Shares and Series C Conversion Shares.

Series C Conversion Shares shall be amended in its entirety and, from and after the date hereof, shall mean any shares of Common Stock issued or issuable upon conversion of the Series C Preferred Stock or the shares of Series C Preferred Stock issuable upon exercise of the Warrants or SVB Warrants.

Series C Conversion Shares means any shares of Series C Preferred Stock and any shares issuable upon conversion thereof pursuant to the Company's Certificate of Incorporation.