Examples of CCCPS in a sentence
The conversion of Series A1 CCCPS, Series A2 CCCPS, Series B CCCPS, and Series C CCCPS will be completed prior to filing the Red Herring Prospectus with the Registrar of Companies in accordance with Regulation 5(2) of the SEBI ICDR Regulations.
In case of non occurrence of QIPO within 3 years of the closing date, as defined in the terms of agreement between the parties, Investors have the right to require the Company to purchase the CCCPS or if converted, the equity shares in GEL at an agreed upon IRR.
The holders of the CCCPS shall be entitled to such voting rights as provided under applicable law, including the Companies Act.
After 18 months from the date of issue of CCCPS, the CCCPS shall be automatically converted into Equity Shares at the Conversion Price.
CCCPS are convertible into Equity Shares at any time within 18 month from the date of issue of CCCPS at a conversion price of Rs. 176 (the “Conversion Price”).
Motivation is one of the factors that contribute to academic success.
In event of failure to initiate and conclude an Initial Public Offering (IPO) within the agreement time frame, the CCCPS holders have rights and remedies as specified in the Agreement.
The conversion as stated aforesaid and the premium waiver was done to maintain optimum fair value per share at the time of conversion of CCCPS held by the PE investors.
The CCCPS holders are entitled to dividend of 0.0001% cumulative.
The CCCPS - Series C which shall be convertible, in part or full in the ratio of 1:100 viz.