Series A-2 Preferred Stock definition

Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

Series A-2 Preferred Stock means, unless otherwise stated herein, One Thousand Two Hundred Ninety-Seven (1,297) shares of Series A-2 Preferred Stock which were authorized pursuant to a Certificate of Designation of Preferences, Rights and Limitations which was filed with the Delaware Secretary of State on November 28, 2022.

Series A-2 Preferred Stock shall have the meaning set forth in the first paragraph of this Agreement.

Examples of Series A-2 Preferred Stock in a sentence

• The “Beneficial Ownership Limitation” shall be 4.99% (or, upon election by a Holder prior to the issuance of any shares of Series A-2 Preferred Stock, 9.99%) of the number of shares of the Common Stock outstanding immediately after giving effect to the issuance of shares of Common Stock issuable upon conversion of Series A-2 Preferred Stock held by the applicable Holder.

• If holders of Common Stock are given any choice as to the securities, cash or property to be received in a Fundamental Transaction, then each Holder shall be given the same choice as to the Alternate Consideration it receives upon any conversion of the Series A-2 Preferred Stock following such Fundamental Transaction.

• Except as otherwise provided herein or as otherwise required by law, the Series A-2 Preferred Stock shall have no voting rights.

• For example, if a Holder purchases shares of Common Stock having a total purchase price of $11,000 to cover a Buy-In with respect to an attempted conversion of shares of Series A-2 Preferred Stock with respect to which the actual sale price of the Conversion Shares (including any brokerage commissions) giving rise to such purchase obligation was a total of $10,000 under clause (A) of the immediately preceding sentence, the Corporation shall be required to pay such Holder $1,000.

• No fractional shares or scrip representing fractional shares shall be issued upon the conversion of the Series A-2 Preferred Stock.

More Definitions of Series A-2 Preferred Stock

Series A-2 Preferred Stock has the meaning specified in Section 4.6(a).

Series A-2 Preferred Stock means a series of Preferred Stock designated as the “Convertible Participating Preferred Stock, Series A-2,” having the terms set forth in the Series A-2 Certificate of Designations.

Series A-2 Preferred Stock means the Series A-2 Convertible Preferred Stock of the Corporation, with the rights, preferences and privileges set forth in the Certificate of Designation of Preferences, Rights and Limitations of 7 ½% Series A-2 Convertible Preferred Stock, filed contemporaneously herewith in the Office of the Secretary of State of the State of Nevada.

Series A-2 Preferred Stock means 8% Series A-2 Preferred Stock due 2013, par value $0.001 per share, of the Company, with a liquidation preference of $10,000 per share, to be issued by the Company under the Series A-2 Preferred Stock Certificate of Designation pursuant to this Agreement.

Series A-2 Preferred Stock means the Preferred Stock designated by the Board of Directors as Series A-2 11% Preferred Stock and having the powers, designations, preferences, and the relative, participating, optional and other special rights and qualifications, limitations and restrictions set forth in the Series A-2 Certificate of Designations.

Series A-2 Preferred Stock means the Series A-2 Preferred Stock, $0.001 par value per share, of the Corporation.

Series A-2 Preferred Stock means the shares of the Company’s Series A-2 Preferred Stock.