Examples of Series B in a sentence
The Company hereby acknowledges this Exercise Notice and receipt of the appropriate exercise price and hereby directs Computershare to issue the above indicated number of shares of Series B Preferred Stock in accordance with the Irrevocable Transfer Agent Instructions dated __________, ____, from the Company.
This provision shall not restrict the number of shares of Series B Preferred Stock that a Holder may receive or beneficially own in order to determine the amount of securities or other consideration that such Holder may receive in the event of a transaction contemplated by Section 9 of this Warrant.
The Company will take all such reasonable action as may be necessary to assure that such Warrant Shares may be issued as provided herein without violation of any applicable law or regulation, or of any requirements of the Trading Market upon which the Series B Preferred Stock may be listed.
Upon any such registration or transfer, a new warrant to purchase Series B Preferred Stock in substantially the form of this Warrant (any such new warrant, a “New Warrant”) evidencing the portion of this Warrant so transferred shall be issued to the transferee, and a New Warrant evidencing the remaining portion of this Warrant not so transferred, if any, shall be issued to the transferring Holder.
For the avoidance of doubt, the term “Convertible Securities” shall not include the Series B Preferred Stock.