Examples of Series C Lead Investor in a sentence
Any term of this Agreement may be amended and the observance of any term of this Agreement may be waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent of each of (i) the Company, (ii) the Ordinary Shareholder Majority and (iii) the Preferred Shareholder Special Majority, (iv) the Series A Lead Investor and (v) the Series B Co-Lead Investors and the (vi) the Series C Lead Investor.
None of the Parties hereto shall issue a press release or make any public announcement or other public disclosure with respect to any of the transactions contemplated herein without obtaining the prior written consent of the other parties, provided that the Series C Lead Investor or its Affiliates may disclose the existence of the transaction contemplated in the Transaction Documents or the Financing Terms in a press release or make other public announcement.
Section 12.9 of the Agreement provides that, any term of this Agreement may be amended and the observance of any term of the Agreement may be waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent of each of (i) the Company, (ii) the Ordinary Shareholder Majority and (iii) the Preferred Shareholder Special Majority; (iv) the Series A Lead Investor and (v) the Series B Co-Lead Investors and the (vi) the Series C Lead Investor.
The Company shall have taken necessary corporate action such that immediately following the Closing, one (1) person nominated by Series C Lead Investor will be appointed as a member of the Board.
Within one (1) month after the Closing, the Warrantors shall (and shall procure all equity holders of Beijing CHJ to) complete the registrations with the local branch of SAMQS with respect to the appointment of a director nominated by Series C Lead Investor in Beijing CHJ under Section 5.14 hereof.
The Series C Lead Investor shall be entitled to designate one (1) director (the “Series C Preferred Director”).
Beijing CHJ shall have taken necessary corporate action approving one (1) person nominated by Series C Lead Investor be appointed as a member of the board of directors of Beijing CHJ.
At the Closing, subject to the satisfaction or waiver of all the conditions set forth in Section 5 below, (i) the Series C Lead Investor shall procure the Investor Nominee appointed by it to deliver to Beijing CHJ the CHJ Control Documents duly executed by the Investor Nominee or his/her spouse, as applicable; (ii) the RMB Investor shall deliver to Beijing CHJ the CHJ Control Documents duly executed by it.
Notwithstanding anything to the contrary contained herein, where any act listed above requires the approval of the Shareholders in accordance with the Companies Law (as amended) of the Cayman Islands, and if the Shareholders vote in favor of such act but the approval of the Series C Lead Investor has not yet been obtained, the Series C Lead Investor shall have the voting rights equal to the aggregate voting power of all the Shareholders who voted in favor of such act plus one (1).