Examples of Series D-2 Preferred Shares in a sentence
In the event that the entire class of Series D-2 Preferred Shares is converted into Ordinary Shares in accordance with the terms of the Amended AOA, this Warrant shall become exercisable for Ordinary Shares.
The number of Series D-2 Preferred Shares into which this Warrant may be exercised at any time (the “Warrant Shares”) shall equal the aggregate number of Ordinary Shares of the Company, nominal value NIS 0.10 per share (the “Ordinary Shares”) into which the Base Number (as defined below) may be converted, in accordance with the Amended AOA (the “Conversion Ratio”).
Note (c): Series B Preferred Shares include Series B1 Preferred Shares, Series B2 Preferred Shares and Series B3 Preferred Shares; Series D Preferred Shares include Series D1 Preferred Shares and Series D2 Preferred Shares.
Pursuant to a framework agreement dated October 29, 2021, our Company entered into a share repurchase agreement with Volkswagen Finance Luxemburg S.A. on December 20, 2021, pursuant to which our Company repurchased 69,677,483 ordinary Shares, 288,779,294 Series D-1 Preferred Shares and 30,940,658 Series D-2 Preferred Shares from Volkswagen Finance Luxemburg S.A. at a consideration of US$17.0 million.
The Common Stock is currently eligible for electronic transfer through the Depository Trust Company or another established clearing corporation and Buyer is current in payment of the fees to the Depository Trust Company (or such other established clearing corporation) in connection with such electronic transfer.