Examples of Series C Shares in a sentence
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.
The persons authorized to acquire Series C Shares are holders of Series A and B subscription warrants issued by the Company pursuant to the resolution referred to in Section 11 above.
In the event of the winding up of CCIH, all outstanding AIL Exchangeable Shares will rank pari passu with all outstanding Series A Shares, Series B Shares and Series C Shares.
The Series A Shares, Series B Shares and Series C Shares shall rank pari passu with each other on a return of capital.
The rights attached to the warrants to acquire Series C Shares may be exercised to 31 December 2025.