Examples of Series E-2 Preferred Shares in a sentence
Series E-1 Preferred Shares and Series E-2 Preferred Shares of the Company, nominal value NIS 0.01 each.
Holders of the Preferred Shares shall be entitled to the distributions of dividends in the following order, to each of the Series G Preferred Shares, Series F Preferred Shares, Series E2 Preferred Shares, Series E Preferred Shares, Series D2 Preferred Shares, Series D Preferred Shares, Series C Preferred Shares and Series B Preferred Shares.
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 Company shall provide each Holder of Series E-2 Preferred Shares with prompt written notice of all actions taken pursuant to the terms of this Series E-2 Statement of Designations, including in reasonable detail a description of such action and the reason therefor.
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.
To convert a Series E-2 Preferred Share into shares of Common Stock on any date (a "Conversion Date"), a Holder shall deliver (whether via facsimile, electronic mail or otherwise), for receipt on or prior to 11:59 p.m., New York time, on such date, a copy of an executed notice of conversion of the share(s) of Series E-2 Preferred Shares subject to such conversion in the form attached hereto as Exhibit I (the "Conversion Notice") to the Company.
Neither the Company, the Subsidiary nor any person authorised or employed by the Company or the Subsidiary as agent, broker, dealer or otherwise in connection with the offering or sale of the Series E2 Preferred Shares has offered the Series E2 Preferred Shares for sale to, or solicited any offer to buy the Series E2 Preferred Shares, or otherwise approached or negotiated with respect thereto with, any person or persons other than the Investors.
The authorized number of Series E-2 Preferred Shares shall be 50,000 Series E-2 Preferred Shares, consisting of 50,000 Series E-2 Preferred Shares issuable upon exercise of the Series E-2 Warrants (as defined below); provided, that upon the expiration of any unexercised Series E-2 Warrants, such underlying Series E-2 Preferred Shares shall no longer be issuable hereunder.
The Company may at any time any Series E-2 Preferred Shares remain outstanding, with the prior written consent of the Required Holders, reduce the then current Conversion Price to any amount and for any period of time deemed appropriate by the Board of Directors.