Series BB-4 Preferred Shares definition

Series BB-4 Preferred Shares means Series BB-4 Preferred Shares of the Company, par value NIS 0.01 each.
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Examples of Series BB-4 Preferred Shares in a sentence

  • In connection with the closing of the Company’s proposed Series BB-4 Preferred Shares financing (the first of such closings, if there will be more than one, the “Closing” and the “Financing”, respectively) it is necessary to make certain changes to the Company’s registered (authorized) and unissued and registered (authorized) and issued share capital.

  • The authorized capital of the Company is comprised of NIS 950,001 divided into: 53,000,060 Ordinary Shares, par value 0.01 NIS per share, 15,000,000 Series AA Preferred Shares, par value 0.01 NIS per share, 12,137,708 Series BB-1 Preferred Shares, par value 0.01 NIS per share, 4,000,000 Series BB-2 Preferred Shares, par value 0.01 NIS per share, 5,862,292 Series BB-3 Preferred Shares, par value 0.01 NIS per share and 5,000,040 Series BB-4 Preferred Shares, par value 0.01 NIS per share.

  • Resolved, unanimously all subject to and effective immediately prior to the Closing, to increase the registered (authorized) share capital of the Company by NIS 94,301 divided into 2,563,700 newly created Series BB-4 Preferred Shares nominal value NIS 0.01 each (“Series BB-4 Preferred Shares”) and 6,866,400 Ordinary Shares nominal value NIS 0.01 each (“Ordinary Shares”) and to amend the Memorandum of Association and Articles of Association of the Company accordingly.

  • The authorized capital of the Company is comprised of NIS 964,500 divided into: 53,000,060 Ordinary Shares, par value 0.01 NIS per share, 15,000,000 Series AA Preferred Shares, par value 0.01 NIS per share, 12,137,708 Series BB-1 Preferred Shares, par value 0.01 NIS per share, 4,000,000 Series BB-2 Preferred Shares, par value 0.01 NIS per share, 5,862,292 Series BB-3 Preferred Shares, par value 0.01 NIS per share and 6,449,940 Series BB-4 Preferred Shares, par value 0.01 NIS per share.

  • Immediately upon the consummation of the transfer of the Ordinary Shares as aforesaid, the Company has agreed to convert such Ordinary Shares into the same number of Series BB-4 Preferred Shares with equal rights to the Series BB-4 Preferred Shares being issued to the investors in the Financing, in consideration for the payment to the Company of US$0.5799 per share (the “Conversion Consideration”).

  • The powers, preferences, rights and restrictions of the Series BB-4 Preferred Shares and other matters relating thereto shall be as set forth from time to time in the Articles of Association of the Company.

  • Share Certificate This is to certify that [Shareholder] Is the Registered Holder of XXX Series BB-4 Preferred Shares of par value NIS 0.01 each, Numbered XXX - XXX Inclusive, fully paid up in the above named Company, subject to The Memorandum and Articles of Association of the Company.

  • To increase the registered (authorized) share capital of the Company by NIS 94,301 divided into 2,563,700 newly created Series BB-4 Preferred Shares nominal value NIS 0.01 each and 6,866,400 Ordinary Shares nominal value NIS 0.01 each.

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