Examples of Certificate of Designations in a sentence
Each of the form of Exercise Notice (as defined in the Warrants) included in the Warrants and the form of Conversion Notice (as defined in the Certificate of Designations) included in the Certificate of Designations set forth the totality of the procedures required of the Buyers in order to exercise the Warrants or convert the Preferred Shares.
The Company shall have submitted the Certificate of Designations to the Secretary of State of the State of Delaware on or prior to the Closing Date, and shall deliver to each Holder evidence of acceptance thereof by the Secretary of State of the State of Delaware within 30 Business Days after the Closing Date.
For the avoidance of doubt, between the Closing Date and the date that the Secretary of State of the State of Delaware accepts the filing of the Certificate of Designations, the Company shall honor all of the terms and conditions of the Certificate of Designations and perform all of its obligations thereunder.
So long as any Buyer beneficially owns any Preferred Shares or Warrants, the Company shall not be party to any Fundamental Transaction (as defined in the Certificate of Designations) unless the Company is in compliance with the applicable provisions governing Fundamental Transactions set forth in the Certificate of Designations and the Warrants.
Notwithstanding the above, the Company shall not be required to hold a Stockholder Meeting or seek Stockholder Approval any time following the time when the Preferred Shares are no longer outstanding if upon full exercise of the Warrants, the shares of Common Stock issued pursuant to the Preferred Shares and Warrants would not exceed the Exchange Cap (as defined in the Certificate of Designations).