Series C Stock definition

Series C Stock means the Company’s Series C Redeemable Convertible Preferred Stock, $0.01 par value per share.

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Series C Stock means the Company’s Series C Convertible Preferred Stock, $0.001 par value per share, as presently constituted under the Charter, and any other class, series or other designation of security into or for which such Series C Convertible Preferred Stock is converted, substituted or exchanged pursuant to a reorganization, reclassification, recapitalization or similar transaction.

Series C Stock means all of the outstanding shares of the Series C Preferred Stock and the Series C1 Preferred Stock, together, at the time in question, which shares shall be PARI PASSU for all purposes except conversion price, and any new subseries of the Series C Preferred Stock created pursuant to Section 9 hereof.

Examples of Series C Stock in a sentence

• Following payment in full of required dividends to the holders of Series C Stock and Series B Stock in accordance with Sections A.3(a) and (b) above, the holders of shares of the Series A Stock shall be entitled to receive, when, if and as declared by the Board of Directors, dividends on any shares of Series A Stock, out of funds legally available for that purpose, at a rate to be determined by the Board of Directors if and when they may so declare any dividend on the Series A Stock.

• The holders of Series C Stock shall be entitled to receive dividends prior in right to the payment of dividends and other distributions (whether in cash, property or securities of the Corporation, including subscription or other rights to acquire securities of the Corporation) on the Series B Stock, Series A Stock and Common Stock.

• Dividends hereunder shall be payable in shares of Common Stock (calculated based upon the then effective Series C Conversion Price), as accrued, upon the conversion of the Series C Stock into Common Stock.

• The number of authorized shares of the Series A Stock is Sixty Three Thousand (63,000), the number of authorized shares of the Series B Stock is One Million Six Hundred Thousand (1,600,000), and the number of authorized shares of the Series C Stock is Ten Million One Hundred Forty-six Thousand Six Hundred Twenty-nine (10,146,629).

• The holders of shares of the Series C Stock shall be entitled to receive dividends at the rate of 8% of the Series C Original Purchase Price (as defined in Section A.8 hereof) per annum, compounding annually, and which will accrue on a quarterly basis commencing on the applicable date of issuance of each of such shares of Series C Stock.

More Definitions of Series C Stock

Series C Stock means the series of Preferred Stock authorized and designated as Series C Convertible Preferred Stock at the date of the Certificate, including any shares thereof authorized and designated after the date of the Certificate.

Series C Stock has the meaning ascribed to it in the recitals.

Series C Stock means Series C Preferred Stock of the Company.

Series C Stock shall have the meaning assigned to such term in the recitals of this Agreement.

Series C Stock means the series of Preferred Stock authorized and designated as Series C Cumulative Redeemable Preferred Stock at the date of the Certificate, including any shares thereof authorized and designated after the date of the Certificate.

Series C Stock has the meaning ascribed to such term in the Recitals.

Series C Stock means the Company's Series C Preferred Stock, par value $0.001 per share.