Examples of Series G2 Preferred Shares in a sentence
Each of the Existing Investors hereby waives any pre-emptive rights, rights of first refusal, rights of co-sale, or any rights to receive notice that such Existing Investor may have with respect to (i) the subscription for Series G-2 Preferred Shares contemplated hereunder and under the other Transaction Documents, and (ii) the repurchase of 15,479,382 Preferred Shares by the Company contemplated under the Repurchase Agreement.
The Preferred Shares sold by the Selling Shareholders (the “Transfer Shares”) will be re-designated by the Company as Series G-2 Preferred Shares upon the Additional Closing.
The Issuer has authorized the issuance and sale to the Purchasers of up to 1,250,000 shares in the aggregate of (a) the Issuer's Series G-1 Voting Convertible Preferred Stock, par value $.01 per share (the "Series G-1 Preferred Shares") and (b) the Issuer's Series G-2 Non-Voting Convertible Preferred Stock, par value $.01 per share (the "Series G-2 Preferred Shares" and, together with the Series G-1 Preferred Shares, the "Series G Preferred Shares").
The re-designation by the Company of the Transfer Shares upon the Additional Closing in the manner provided hereunder will result in the re-designation of the Transfer Shares into Series G-2 Preferred Shares in an amount that is equal to the number of the Transfer Shares.
The issuance of Series G-2 Preferred Shares as contemplated under the Share Purchase Agreement shall have been completed and the Company shall have received all the subscription consideration under the Share Purchase Agreement..