Preferred Stock Conversion definition

Preferred Stock Conversion has the meaning set forth in Section 7.4.
Preferred Stock Conversion has the meaning set forth in Section 3.3(e).
Preferred Stock Conversion has the meaning specified in the Recitals hereto.

Examples of Preferred Stock Conversion in a sentence

  • Prior to any proposed transfer of any Preferred Stock, Conversion Shares or Restricted Stock (other than under the circumstances described in Sections 4, 5 or 6), the holder thereof shall give written notice to the Company of its intention to effect such transfer.

  • Following the Company Preferred Stock Conversion all of the shares of Company Preferred Stock shall be canceled or terminated, as applicable, shall no longer be outstanding and shall cease to exist and no payment or distribution shall be made with respect thereto, and each holder of Preferred Stock shall thereafter cease to have any rights with respect to such securities.

  • Such initial Applicable Preferred Stock Conversion Price, and the rate at which shares of Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.

  • Promptly after each adjustment to the maximum number of shares of ESOP Preferred Stock, Conversion Price, the Liquidation Price, the Preferred Dividend Rate, or the number of shares of ESOP Preferred Stock outstanding, the Corporation shall mail a notice thereof and of the then prevailing maximum number of shares of ESOP Preferred Stock, Conversion Price, Liquidation Price, Preferred Dividend Rate and number of shares of ESOP Preferred Stock outstanding to each holder of shares of ESOP Preferred Stock.

  • The Preferred Stock Conversion may be made contingent upon the occurrence of the Closing.


More Definitions of Preferred Stock Conversion

Preferred Stock Conversion has the meaning set forth in Section 2.1(a).
Preferred Stock Conversion means the conversion immediately prior to the Effective Time of all outstanding shares of Company Preferred Stock into shares of Company Common Stock in accordance with the terms of the Company Organizational Documents.
Preferred Stock Conversion means the conversion by the holders of Phunware’s preferred stock of all of their issued and outstanding shares of preferred stock into shares of Phunware common stock at a conversion ratio of one share of Phunware common stock for each one share of Phunware preferred stock.
Preferred Stock Conversion means the conversion of all shares of Series A Non-Voting Convertible Preferred Stock into shares of Common Stock.
Preferred Stock Conversion means a Redemption Period Conversion pursuant to a Conversion Notice that provides for the conversion of principal into Preferred Conversion Shares (or a combination of Conversion Shares and Preferred Conversion Shares).
Preferred Stock Conversion means the voluntary conversion of at least 90% of the outstanding Convertible Preferred Stock into Common Stock.