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

• 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.

• Each share of Series C Preferred Stock being converted shall convert into a number of shares of Class A Common Stock equal to the Aggregate Series C Conversion Shares divided by the number of shares of Series C Preferred Stock then outstanding.

• The shares of Common Stock issuable upon conversion of the Conversion Shares have been duly and validly reserved and, when issued upon conversion of the Conversion Shares in accordance with the provisions of the Certificate of Incorporation (in the case of the Series A and Series B Conversion Shares) or the Certificate of Designation (in the case of the Series C Conversion Shares), will be validly issued, fully paid and nonassessable.

• Until those loans default, the higher income will make the corporation appear to be more profitable than it actually is.

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 the Ordinary Shares issued upon the conversion of the Series C Preferred Shares.

Series C Conversion Shares means the shares of Common Stock into which each share of Series C Preferred has been converted or is convertible.

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.

Series C Conversion Shares means Series B Common Stock of the Company issued on conversion of the Series C Preferred.

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 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.