Examples of Series AA Preferred Stock in a sentence
The Series A Preferred Stock shall otherwise vote as a single series with the Series AA Preferred Stock except that any amendment or modification of the Series A Preferred Stock that does not otherwise apply on the same terms as the Series AA Preferred Stock shall be voted on by the Series A Preferred Stock as a separate series.
The Investors are parties to the Series AA Preferred Stock Purchase Agreement of even date herewith, among the Company and the Investors listed on the Schedule of Investors thereto (the “Purchase Agreement”), and it is a condition to the closing of the sale of the Series AA Preferred Stock (the “Shares”) that the Investors and the Company execute and deliver this Agreement.
Any amendment or waiver effected in accordance with this Section 9.1 shall be binding upon each holder of any Recapitalization Common Shares, Series AA Investors Common Shares, Series AA Preferred Stock, Series BB Preferred Stock, Series CC Preferred Stock, Series DD Preferred Stock, Conversion Stock or other Registrable Securities at the time outstanding, each future holder of all such securities and the Company.
To the extent that EMC exercises the warrant, holders of the Series AA Preferred Stock, Series BB Preferred Stock and the holders of existing CC preferred stock will be entitled to purchase shares of Common Stock of the Company at a price of $6.26 pursuant to preemptive rights granted to such holders under their respective preferred stock purchase agreements.
The rights granted under this Section 4 may be assigned by an Investor to any transferee of such Investor’s shares of Series AA Preferred Stock, Series BB Preferred Stock, Series CC Preferred Stock, Series DD Preferred Stock, Series AA Investors Common Shares, Conversion Stock, or Common Stock issued upon conversion of Prior Preferred.