Series D Preferred Stockholders definition

Series D Preferred Stockholders means the holders of the outstanding shares of Series D Preferred Stock.
Series D Preferred Stockholders has the meaning set forth in the preamble hereof. “Series D Threshold Amount” means, with respect to each outstanding share of Series D Preferred Stock outstanding on the relevant date of determination, (a) during the period from the Series D Issue Date to the second anniversary of the Series D Issue Date, 150% of the Series D Conversion Price plus accumulated and unpaid dividends, (b) at the third anniversary of the Series D Issue Date, 160% of the Series D Conversion Price plus accumulated and unpaid dividends (provided that if the date of determination occurs between the second and third anniversary of the Series D Issue Date, then the percentage value will be equal to the sum of (x) 150% and (y) the product of (i) a fraction (A) the numerator of which is the number of days between the second anniversary date to the date of determination and (B) the denominator of which is 365 and (ii) 10%), (c) at the fourth anniversary of the Series D Issue Date, 170% of the Series D Conversion Price plus accumulated and unpaid dividends (provided that if the date of determination occurs between the third and fourth anniversary of the Series D Issue Date, then the percentage value will be equal to the sum of (x) 160% and (y) the product of (i) a fraction (A) the numerator of which is the number of days between the third anniversary date to the date of determination and (B) the denominator of which is 365 and (ii) 10%), (d) at the fifth anniversary of the Series D Issue Date, 180% of the Series D Conversion Price plus accumulated and unpaid dividends (provided that if the date of determination occurs between the fourth and fifth anniversary of the Series D Issue Date, then the percentage value will be equal to the sum of (x) 170% and (y) the product of (i) a fraction (A) the numerator of which is the number of days between the fourth anniversary date to the date of determination and (B) the denominator of which is 365 and (ii) 10%), and (e) after the fifth anniversary of the Series D Issue Date, 180% of the Series D Conversion Price plus accumulated and unpaid dividends. “Series E Certificate of Designation” means the Certificate of Designation of the Powers, Preferences and Relative, Participating, Optional and other Special Rights of Convertible Preferred Stock, Series E, and Qualifications, Limitations and Restrictions thereof, of the Corporation, adopted on September __, 2008, as amended and restated from time to time. “Series E Conversion Price” means the Conversi...
Series D Preferred Stockholders has the meaning set forth in the preamble hereof.

Examples of Series D Preferred Stockholders in a sentence

  • With respect to each other Subsidiary of the Corporation, the Series B and C Preferred Stockholders shall be provided with the right to send one non-voting observer to all meetings of the Governing Body of such Subsidiary and the Series D Preferred Stockholders shall be provided with the right to send one non-voting observer to all meetings of the Governing Body of such Subsidiary.


More Definitions of Series D Preferred Stockholders

Series D Preferred Stockholders means the holders of the Series D Preferred Stock, and shall include any successor to, or assignee or transferee of, any of the Series D Preferred Stockholders who shall agree in writing to be treated as a Series D Preferred Stockholder and to be bound by the terms and to comply with the provisions of this Agreement.

Related to Series D Preferred Stockholders