Additional Preferred Shares definition

Additional Preferred Shares means any Class A Preferred Shares issued or issuable directly or indirectly with respect to or on account of the Initial Preferred Shares, including Class A Preferred Shares issued by way of share dividend or distribution, stock split or other subdivision or in a combination of stock, recapitalization, reclassification, merger, amalgamation, consolidation or similar capital transactions.

Additional Preferred Shares means all Preferred Shares issued after the Initial Issuance Date.

Additional Preferred Shares shall have the meaning attributable to it in Section 1.02 of the Agreement.

Examples of Additional Preferred Shares in a sentence

• Any and all references to the "Common Securities" in the Agreement shall be deemed to refer to the Additional Preferred Shares, and all references to "Securities" in the Agreement shall be deemed to refer to the Preferred Securities and Additional Preferred Securities.

• Each of the Preferred Securities and the Additional Preferred Shares shall be subject to the provisions applicable to the Preferred Securities and to the Securities in the Agreement including, without limitation, the Redemption Right and Repurchase Right set forth in Section 9 of the Agreement and the provisions regarding convertibility.

• At the Additional Closing the Company will issue and deliver the certificates evidencing the Additional Preferred Shares sold at such Additional Closing to each of the Purchasers (or its nominee) against payment of the full purchase price therefor by wire transfer or check payable to the order of the Company.

• Notwithstanding anything to the contrary contained herein, any amendment which (x) increases any Purchaser's obligations hereunder or increases the purchase price or number of Additional Preferred Shares, or (y) grants to any one or more Purchasers any rights more favorable than any rights granted to all other Purchasers hereunder, must be approved by each Purchaser so as to be effective against such Purchaser.

• The Company shall at all times reserve and keep available out of its authorized Common Stock, solely for the purpose of issue or delivery upon conversion of the Preferred Shares and the Additional Preferred Shares (as defined below) as provided in the Certificate, the maximum number of shares of Common Stock that may be issuable or deliverable upon such conversion.

More Definitions of Additional Preferred Shares

Additional Preferred Shares has the meaning set forth in the recitals hereof.

Additional Preferred Shares means, and are hereby replaced with, the Additional Series D Shares;

Additional Preferred Shares means shares of Additional Preferred Stock issued under the circumstances contemplated by Section 3.4.

Additional Preferred Shares means additional shares of Series B Preferred Stock paid as a dividend on the Series B Preferred Stock in accordance with Section 2(a)(ii).

Additional Preferred Shares means (i) any series of preferred stock issued pursuant to the Purchase Agreement, as the same may be amended or modified from time to time, other than the Series A Preferred Shares, and (ii) any other securities into which or for which any of the securities described in clause (i) above may be converted or exchanged pursuant to or arising from a plan of recapitalization, merger, sale of assets or otherwise.

Additional Preferred Shares means additional shares of Series A Preferred paid as a dividend on shares of Series A Preferred in accordance with Section 3(a)(i).

Additional Preferred Shares shall have the meaning set forth in Section 2.2.