Series E Preferred Shares definition
Examples of Series E Preferred Shares in a sentence
The offer and issue of the Purchased Shares as contemplated by this Agreement and the offer and issue of the Series E Preferred Shares and Series Seed Preferred Shares to the Co-Investors form a series of series E financing (the “Series E Financing”).
At the Closing, the Company may offer and issue certain Series E Preferred Shares and Series Seed Preferred Shares at the applicable Purchase Price to certain other investors (“Co-Investors”).
In addition, no transfer may be made to any person if such transfer would cause the exchange of the Series E Preferred Units for Series E Preferred Shares, as provided herein, to be required to be registered under the Securities Act of 1933, as amended, or any state securities laws.
To the extent any such attempted exchange for Series E Preferred Shares would be in violation of the previous sentence, it shall be void ab initio and such Series E Limited Partner shall not acquire any rights or economic interest in the Series E Preferred Shares otherwise issuable upon such exchange.
Notwithstanding any provision of this Agreement to the contrary, no Series E Limited Partner shall be entitled to effect an exchange of Series E Preferred Units for Series E Preferred Shares to the extent that ownership or right to acquire such shares would cause the Partner or any other Person or, in the opinion of counsel selected by AMB, may cause the Partner or any other Person, to violate the restrictions on ownership and transfer of Series E Preferred Shares set forth in the REIT Charter.