Examples of Series B Investor in a sentence
Each such Additional Series B Investor, upon execution and delivery of this Agreement by the Company and such Additional Series B Investor, shall be deemed an Investor hereunder.
Each Major Investor, each Series B Investor and each Warrantholder (each, a "Right of First Refusal Investor") shall have a right of first refusal to purchase its pro rata share of all Equity Securities, as defined below, that the Company may, from time to time, propose to sell and issue after the date of this Agreement, other than the Equity Securities excluded by Section 4.7 hereof.
Each Series B Investor shall have the right of first refusal to purchase all (or any part of all) of its pro rata share of Equity Securities that the Company may, from time to time, propose to sell and issue after the Closing Date, other than the Equity Securities excluded by Section 10.5 hereof.
Upon each conversion of Series B Investor Shares of a Portfolio that were not acquired through reinvestment of dividends or distributions, a proportionate amount of Series B Investor Shares of such Portfolio that were acquired through reinvestments of dividends or distributions will likewise automatically convert to Series A Investor Shares of the same Portfolio.
Upon the sale of Additional Series B Shares to Additional Series B Investors in accordance with the Series B Purchase Agreement, the Company, without prior action on the part of any Investor, shall require each Additional Series B Investor to execute and deliver this Agreement.