Series C Shares definition

Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.

Series C Shares means the series C redeemable convertible preferred shares of par value USD 0.000005 each in the share capital of the Company having the rights, powers and preferences set out in the Articles of Association.

Series C Shares means shares of the Company’s Series C Preferred Shares, US$0.00005 par value per share.

Examples of Series C Shares in a sentence

• The Company shall issue irrevocable instructions to its transfer agent to issue certificates, registered in the name of the Buyer or its nominee, for the Conversion Shares in such amounts as specified from time to time by the Buyer to the Company upon conversion of the Series C Shares in accordance with the terms of the Certificate of Designation (the “Irrevocable Transfer Agent Instructions”).

• So long as the Buyer beneficially owns any Series C Shares, the Company shall maintain its corporate existence and shall not sell all or substantially all of the Company’s assets, except with the prior written consent of the Buyer.

• The Company shall have delivered to the Buyer the Series C Shares by way of book entry as confirmed by the Company’s transfer agent in accordance with Section 1(b) above.

• Subject to, and on the terms and conditions of, this Agreement, effective at the Closing, the Purchaser will purchase from the Seller, and the Seller will sell, transfer, convey, assign and deliver to the Purchaser, (i) 498 Series B Shares at a purchase price of $1,000 per Share, and (ii) 25 Series C Shares at a purchase price of $1,000 per Share ((i) and (ii) together, the “Purchased Shares”), free and clear of all Liens.

• On or prior to the Closing Date, the Certificate of Designation shall be filed with the Nevada Secretary of State authorizing 1,000,000 Series C Shares with an initial stated value of $1.00.

More Definitions of Series C Shares

Series C Shares means the series C redeemable convertible preferred shares, par value US$0.0001 per share, of the Company.

Series C Shares means the shares in the capital of the Company of US$0.00005 nominal or par value designated as Series C Preferred Shares, and having the rights provided for in the Articles.

Series C Shares has the meaning set forth in the recitals.

Series C Shares means the shares of Series C Convertible Preferred Stock purchased by investors in the Company as contemplated by the Share Exchange Agreement and any additional or replacement shares of preferred or common stock issued with respect to Series C Shares upon any stock dividend, stock split, recapitalization or similar event.

Series C Shares means the shares of Series C Convertible Preferred Stock, par value $.004 per share, of the Issuer.

Series C Shares means the series C convertible preference shares of £0.0001 each in the capital of the Company from time to time having the rights set out in the New Articles;

Series C Shares means, the Company’s series C preferred shares, par value 0.00001 per share.