Examples of Series B-1 Note in a sentence
Redeemable convertible preferred stock liability In connection with the issuance of shares of Series B-1 (Note 8), the Series B-1 preferred stockholders committed to purchase and the Company committed to sell 3,569,630 shares of Series B-2 at a price of $11.20563 per share in a subsequent closing, contingent upon the achievement of certain developmental milestones or a receipt of a waiver of achievement of the milestones.
The Series B-1 Note shall be payable from payments on the corresponding Borrower Note Series B- 1 and the Series B-2 Note shall be payable from payments on the corresponding Borrower Note Series B-2.
Managers and professionals have the highest rate of telework, over 20 percent in both categories.
Simultaneously with the issuance of the Series B-1 Bonds, the Issuer will issue its Subordinate Senior Housing Revenue Bonds (Montevista Senior Apartments Project), 2019 Series B-2 in the aggregate principal amount of $6,480,000 (the “Series B-2 Bonds,” and together with the Series B-1 Bonds, the “Bonds”) as more fully set forth in the Indenture, which Series B-2 Bonds are subordinate to the Series B-1 Montevistaa Senior Apartments Series B-1 Note Bonds.
In accordance with Section 6.1 of the Indenture, the Series B-1 Notes will be subject to optional redemption by the Company as provided in the form of Series B-1 Note attached as Exhibit A hereto.
It is understood that the Series A-2 Note and the Series B-1 Note shall bear a legend substantially in the following form and such other legends that may be required under the laws of any applicable jurisdiction: "The security represented by this instrument has not been registered under any applicable securities law.
The Company hereby acknowledges and agrees that (i) the Investor shall be entitled to exercise the Investor Netting Rights through any means permissible under applicable law, including without limitation, set-off and Netting and (ii) the Obligations of the Investor hereunder and the obligations of the Company under the Series B-1 Note issued pursuant to the Securities Purchase Agreement arise in a single integrated transaction and constitute related and interdependent obligations within such transaction.
Cost efficient improvements of production methods in countries exporting to the EU that can result in lower contamination rates can therefore be seen as a major step to enhance gains on both sides of the border.
The principal balance of, and interest on this Series B1 Note is payable at the times and in the amounts set forth in the Indenture and the Series B1 Supplement by wire transfer of immediately available funds to the account designated by the Holder of record on the related Record Date.
Any such consent or waiver shall be conclusive and binding upon all present and future Holders of this Series B1 Note and of any Series B1 Note issued upon the registration of transfer of, in exchange or in lieu of or upon the refinancing of this Subclass B-1 Note, whether or not notation of such consent or waiver is made upon this Series B1 Note.