Examples of Series E-2 Preferred Shares in a sentence
Each Shareholder and its Permitted Transferees who hold, After the Original Issue Date of the Series E-2 Preferred Shares, an aggregate of at least 15% of voting power represented by the then issued and outstanding share capital of the Company on an as-converted basis, shall have the right to appoint, replace and remove one (1) Director.
The registered share capital of the Company is NIS 243,626, divided into 12,243,690 Ordinary Shares, 1,400,073 Ordinary B Shares, 600,000 Preferred A Shares, 1,547,170 Preferred B Shares, 2,971,667 Preferred C Shares, 1,800,000 Preferred D Shares, 600,000 Series E-1 Preferred Shares, and 3,200,000 Series E-2 Preferred Shares.
Series E-1 Preferred Shares and Series E-2 Preferred Shares of the Company, nominal value NIS 0.01 each.
The “Series E-2 Conversion Price” shall initially be the applicable Series E-2 Issue Price, resulting in an initial conversion ratio for the Series E-2 Preferred Shares of 1:1, and shall be subject to adjustment and readjustment from time to time as hereinafter provided.
The registered share capital of the Company is NIS 400,000, divided into 22,007,000 Ordinary Shares, 140,000 Ordinary B Shares, 1,130,000 Ordinary C Shares, 600,000 Preferred A Shares, 1,454,000 Preferred B Shares, 2,828,000 Preferred C Shares, 3,405,000 Preferred D Shares, 572,000 Series E-1 Preferred Shares, 1,024,000 Series E-2 Preferred Shares, 4,275,000 Preferred F-1 Shares, and 2,565,000 Preferred F-2 Shares.
Unless otherwise required by the MIBCA, any stockholder action, approval or consent required, desired or otherwise sought by the Company pursuant to the MIBCA, the Articles of Incorporation, this Series E-2 Statement of Designations or otherwise with respect to the issuance of Series E-2 Preferred Shares may be effected by written consent of the Company's stockholders or at a duly called meeting of the Company's stockholders, all in accordance with the applicable rules and regulations of the MIBCA.
The initial “Conversion Price” for each Preferred Share other than the Series E2 Preferred Shares shall be US$ 4.00 and for each Series E2 Preferred Share shall be US$ 6.32 (as adjusted upon any Recapitalisation Event), adjusted, in accordance with sub-Articles (c) and (d) below.
In the event of any dispute or discrepancy, such records of such Holder establishing the number of Series E-2 Preferred Shares to which the record holder is entitled shall be controlling and determinative in the absence of manifest error.
The rights, privileges and preferences of the Series A Preferred Shares, the Series A-2 Preferred Shares, the Series B-1 Preferred Shares, the Series B-2 Preferred Shares, the Series B-3 Preferred Shares, the Series C Preferred Shares, the Series D-1 Preferred Shares, the Series E Preferred Shares, the Series E-1 Preferred Shares and the Series E-2 Preferred Shares are as stated in the Restated Articles and as provided by the Company Law.
Such Holder and any assignee, by acceptance of the Series E-2 Preferred Share Certificate, acknowledge and agree that, by reason of the provisions of Section 4(c)(i) following conversion or redemption of any of the Series E-2 Preferred Shares, the outstanding number of Series E-2 Preferred Shares represented by the Series E-2 Preferred Shares may be less than the number of Series E-2 Preferred Shares stated on the face of the Series E-2 Preferred Shares.