Series B Conversion Shares definition

Series B Conversion Shares means the Registrable Shares that are (i) shares of Common Stock issued or issuable upon the conversion of Series B Preferred Stock, (ii) shares of Common Stock issued on or with respect to the shares of Common Stock referred to in clause (i) above or (iii) shares of Common Stock issued on or with respect to the Series B Preferred Stock.
Series B Conversion Shares means shares of the Company’s Common Stock into which any Series B Preferred Stock is converted.
Series B Conversion Shares means Series B Preferred Shares then outstanding on a fully diluted, as-converted basis.

Examples of Series B Conversion Shares in a sentence

  • To the extent compliance is within the Company’s control, and assuming the representations and warranties of the Holder contained herein are true, accurate, and complete in all respects, the Company has complied and will comply in all material respects with all applicable federal and state securities laws in connection with the offer, issuance and delivery of the Exchange Shares, the Series B Dividend Shares or the Series B Conversion Shares.


More Definitions of Series B Conversion Shares

Series B Conversion Shares means that number of shares of Common Stock as would equal four percent (4.0%) of the Fully Diluted Common Stock at any specified time.
Series B Conversion Shares means the shares of Common Stock issuable, upon certain conditions, by the Company to Carlyle in respect of the Series B Preferred Stock.
Series B Conversion Shares means a number of shares Company Common Stock equal to:
Series B Conversion Shares means the Registrable Shares that are (i) shares of Common Stock issued or issuable upon the conversion of Series B Preferred Stock, (ii) shares of Common Stock issued on or with respect to the shares of Common Stock referred to in CLAUSE (i) above or (iii) shares of Common Stock issued on or with respect to the Series B Preferred Stock.
Series B Conversion Shares means the shares of Common Stock issuable upon conversion of the Series B Preferred Stock as set forth in the Series B Certificate of Designations.
Series B Conversion Shares means shares of Common Stock issued upon -------------------------- conversion of the Series B Preferred Stock.
Series B Conversion Shares means the shares of Common Stock into which each share of Series B Preferred has been converted or is convertible.