Class A CCPS definition

Class A CCPS means the 581 (Five Hundred and Eighty One) CCPS (non-cumulative) issued by the Company to the Class A CCPS Investors in accordance with the terms of the 2016 Share Subscription Agreement and having the rights and privileges as contained in this Agreement.
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Examples of Class A CCPS in a sentence

  • No. Name of Shareholders Equity Shares Class A CCPS (conversion ratio 375:1) Total Equity Shares (on Fully Diluted Basis) Total Percentage 1.

  • Each of the Promoters and the Company hereby acknowledge that the Investors have agreed to subscribe to the Class A CCPS on the basis that the Investors will be able to exercise voting rights on the Class A CCPS as if the same were converted into Equity Shares.

  • The holders of the Class A CCPS shall be entitled to receive notice of and vote on all matters that are submitted to the vote of the Shareholders of the Company (including the holders of Equity Shares).

  • Upon each issuance by the Company of any Equity Securities (other than pursuant to the events set out under Clause 13.6.5) at a price per Equity Security less than the Class A CCPS Conversion Price then in effect (a “Dilutive Issuance”), the Class A CCPS Conversion Price of the Class A CCPS will be adjusted downward on a broad based weighted average basis, per the formula set out under Clause 13.6.1.

  • THE FOREGOING PROVISIONS OF THIS SECTION STATE THE ENTIRE LIABILITY AND OBLIGATION OF WHERIFY AND THE EXCLUSIVE REMEDY OF SIEMENS, DISTRIBUTORS, AGENTS, EMPLOYEES, AND ITS CUSTOMERS WITH RESPECT TO ANY ALLEGED INFRINGEMENT OF COPYRIGHTS, TRADEMARKS, DESIGNS, TRADE SECRETS, PATENTS OR OTHER INTELLECTUAL PROPERTY RIGHTS BY THE WHERIFY PRODUCTS.

  • In addition, each Class A CCPS would be entitled to participate pari-passu in any cash or non-cash dividends paid to the holders of shares of all other classes, on as-if-converted basis It is clarified that the Class A Preferential Dividend shall be paid to the Class A CCPS Investors holding Class A CCPS only for the Financial Year for which funds are legally available and the Company declares and distributes dividend in accordance with Applicable Law, the terms of this Schedule 5.

  • Each Class A CCPS shall entitle the holder to the number of votes equal to the number of whole or fractional Equity Shares into which such Class A CCPS could then be converted.

  • Class A CCPS Investors, Class B CCPS Investors, Class C CCPS Investors, Class D CCPS Investors, Class E CCPS Investors and Class F CCPS Investors are hereinafter collectively referred to as “Investors” and individually as an “Investor”.

  • The Class A CCPS shall have such characteristics, rights and obligations attached to it, as stated in Schedule 5.

  • Notwithstanding the above, the Class A CCPS Preferential Dividend shall be due only when declared by the Board.