Examples of Series C Conversion Stock in a sentence
The rights of an Investor under Section 1.1(b) hereof may be assigned only to a party who acquires from an Investor (or an Investor's permitted assigns) at least 2,000,000 shares of Series C Stock and/or an equivalent number (on an as-converted basis) of shares of Series C Conversion Stock and/or at least 500,000 shares of Series D Stock and/or an equivalent number (on an as-converted basis) of shares of Series D Conversion stock.
At any time and from time to time, any holder of Series C Preferred may convert all or any portion of the Series C Preferred held by such holder into a number of shares of Series C Conversion Stock computed by multiplying the number of shares of Series C Preferred to be converted by the Series C Liquidation Value per share and dividing the result by the Series C Conversion Price then in effect.
If any fractional interest in a share of Series C Conversion Stock would, except for the provisions of this subparagraph (x), be delivered upon any conversion of the Preferred Stock, the Corporation, in lieu of delivering the fractional share therefor, shall pay an amount to the holder thereof equal to the Market Price of such fractional interest as of the date of conversion.
Upon conversion of each share of Series C Preferred, the Corporation shall take all such actions as are necessary in order to ensure that the Series C Conversion Stock issuable with respect to such conversion shall be validly issued, fully paid and nonassessable, free and clear of all taxes (other than any taxes relating to any dividends paid with respect thereto), liens, charges and encumbrances with respect to the issuance thereof.
Someof our prior Community Partnerships included projects with Second Harvest, Hope Community Center, the Boys & Girls Club, Girls on the Run, and PACE Center for Girls, just to name a few.
The Corporation shall not close its books against the transfer of Series C Participating Preferred or of Series C Conversion Stock issued or issuable upon conversion of Series C Participating Preferred in any manner which interferes with the timely conversion of Series C Participating Preferred.
Gonzalez-Peterson was not present for the vote.B. Annual Janitorial Equipment Bid #65-00 ($80,624.04) was awarded to the following vendors in the amounts indicated, with Item #53 being awarded to D.
The Corporation shall not take any action which would cause the number of authorized but unissued shares of Series C Conversion Stock to be less than the number of such shares required to be reserved hereunder for issuance upon conversion of the Series C Preferred.
Each of these elements has been developed to its specification and during this process the totality of the system has been validated against the initia l safety objectives.
The Corporation shall take all such actions as may be necessary to ensure that all such shares of Series C Conversion Stock may be so issued without violation of any applicable law or governmental regulation or any requirements of any domestic securities exchange upon which shares of Series C Conversion Stock may be listed (except for official notice of issuance which shall be immediately delivered by the Corporation upon each such issuance).