Series C Convertible Preferred definition
Examples of Series C Convertible Preferred in a sentence
If any shares of Preferred Stock shall be converted, redeemed or reacquired by the Corporation, such shares shall resume the status of authorized but unissued shares of preferred stock and shall no longer be designated as Series C Convertible Preferred Stock.
In connection with the undersigned's purchase on the date hereof of shares of the Company's Series C Convertible Preferred Stock, par value $.001 per share, the undersigned hereby agrees to become a party as of the date hereof to the Registration Rights Agreement as an "Investor" thereunder and that, as such, the undersigned shall be afforded all of the rights of and subject to all of the obligations of an Investor pursuant to the Registration Rights Agreement.
Whether or not fractional shares would be issuable upon such conversion shall be determined on the basis of the total number of shares of Series C Convertible Preferred Stock the holder is at the time converting into Common Stock and the aggregate number of shares of Common Stock issuable upon such conversion.
Series C Convertible Preferred Stock Purchase Agreement Initial Investor Signature Page ------------------------------- By executing this page in the space provided, the undersigned investor hereby agrees (i) that it is an "Investor" as defined in the Series C Convertible Preferred Stock Purchase Agreement dated as of May 8, 1997, among Sequenom, Inc.
No fractional shares of Common Stock shall be issued upon conversion of the Series C Convertible Preferred Stock.
SERIES D PREFERRED STOCK There can be no assurance that ThermoView's continuing losses or consolidated earnings, if ever, in the future will be sufficient to cover its combined fixed charges and dividends on (i) the 12% Series D Cumulative Preferred Stock alone, or (ii) its 9.6% Series C Convertible Preferred Stock and the Series D Preferred Stock.
In any case, the number of outstanding shares of Common Stock shall be determined after giving effect to the conversion or exercise of securities of the Corporation, including the Series C Convertible Preferred Stock, by such Holder or its Affiliates since the date as of which such number of outstanding shares of Common Stock was reported.
If holders of Common Stock are given any choice as to the securities, cash or property to be received in a Fundamental Transaction, then the Holders shall be given the same choice as to the Alternate Consideration it receives upon any conversion of this Series C Convertible Preferred Stock following such Fundamental Transaction.
The limitations contained in this paragraph shall apply to a successor holder of Series C Convertible Preferred Stock.
The “Beneficial Ownership Limitation” shall be 4.99% of the number of shares of the Common Stock outstanding immediately after giving effect to the issuance of shares of Common Stock issuable upon conversion of Series C Convertible Preferred Stock held by the applicable Holder.