Examples of Series B Preferred Share in a sentence
Each Series B Preferred Share may be converted into two (2) Common Shares upon approval by the Board of Directors.
Each Series B Preferred Share shall have voting rights and shall carry a voting weight equal to two (2) Common Shares.
Each Series B Preferred Share shall be identical in all respects to every other Series B Preferred Share.
Each Holder of Series B Preferred Shares may elect to convert its Series B Preferred Shares, in whole or in part, at any time and from time to time into shares of Common Stock at a rate for each Series B Preferred Share equal to the Series B Liquidation Preference for such Series B Preferred Share divided by the Conversion Price then in effect.
To the fullest extent permitted by applicable law, the Corporation may deem and treat each Holder of any Series B Preferred Share as the true, lawful and absolute owner thereof for all purposes, and the Corporation shall not be affected by any notice to the contrary.