Initial Series A Preferred Shares definition

Initial Series A Preferred Shares means the [_________] Series A Preferred Shares issued to Hale in exchange for the Note pursuant to Section 11 of the Note.

Initial Series A Preferred Shares has the meaning set forth in the first recital above.

Initial Series A Preferred Shares has the meaning set forth in Section 2.2.

Examples of Initial Series A Preferred Shares in a sentence

• The number of Ordinary Shares issuable upon conversion of Series A Preferred Shares will be equal to the Stated Value (the Conversion Price of the Note on the date of the exchange of the Note for the Initial Series A Preferred Shares), multiplied by the number of Series A Preferred Shares to be converted, divided by the Conversion Price ($1.776, as the same may be adjusted).

• The conversion price for the Initial Series A Preferred Shares shall initially be $[____]2 (the “Conversion Price”).

• Issuance of the Initial Series A Preferred Shares, the Elected Bonus Shares and the Ordinary Shares issuable upon conversion thereof has already been approved by the rules of the applicable Exchange.

• Stated Value to equal the Conversion Price of the Note on the date of the exchange of the Note for the Initial Series A Preferred Shares.

• For the avoidance of doubt, no calls may be made with respect to the Initial Series A Preferred Shares or the Elected Bonus Shares which, when issued, shall be deemed to be fully paid for and non-assessable.

• The third and final area will review the conclusions of the research and the recommendations to implement changes, and their implications, so that court staff expectations and capabilities meet the court’s responsibilities during a pandemic.III.

• In connection with any conversion of Series A Preferred Shares into Ordinary Shares in accordance with Article ‎164.1, the Holder shall be entitled to select the specific Series A Preferred Shares (whether Initial Series A Preferred Shares or Elected Bonus Shares) to be converted into Ordinary Shares.

• The number of Ordinary Shares issuable upon any conversion of Series A Preferred Shares hereunder shall equal the quotient of (x) the product of (A) the Stated Value multiplied by, (B) the number of Series A Preferred Shares to be converted, divided by, (y) the Conversion Price in respect of any conversion of the Initial Series A Preferred Shares or the applicable Elected Bonus Share Conversion Price in respect of any conversion of the Elected Bonus Shares, on the applicable Conversion Date.

• A 2020 report by Deloitte Access Economics, Everybody Gets It: The economic and social benefits of commercial television in Australia, highlighted that in 2019, the commercial TV industry supported 16,300 full-time equivalent jobs and contributed a total of $2.3 billion into the local economy.

• At the Closing, subject to the terms and the conditions set forth herein, including the representations and warranties set forth herein and the closing documents delivered pursuant hereto, the Company shall issue to the Investor the Warrant to purchase, on the terms and conditions set forth therein, an additional 190,000 shares of Series A Preferred Stock (the “Warrant Shares” and, together with the Initial Series A Preferred Shares, the “Series A Preferred Shares”).