Examples of Series C Warrants in a sentence
Series C Warrants shall not be transferrable, save to transfer to the Transferees.
In addition, the Holder may allocate its pro-rata portion of the Issuable Maximum among any of the Series A Warrants, Series B Warrants and Series C Warrants held by the Holder in its sole discretion.
Series A and Series B Warrants are immediately exercisable, and Series C Warrants are exercisable upon exercise and in proportion to the number of Series B Warrants exercised.
Simultaneously with the repurchase of the Series C Preferred Stock as set forth in paragraph 1, the Series C Warrants shall be cancelled and shall cease to be outstanding and will be exchanged for an aggregate of 600,000 shares of Common Stock, to be issued pro rata based on the number of Series C Warrants held.
This Section 3(d) shall not be applicable to Holders of the Series B Warrants and Holders of the Series C Warrants before the Series C Warrants are vested.