Series C Equity definition

Series C Equity means, on a fully converted basis, (i) the equity securities purchased by the Series C Investors pursuant to the Stock Purchase Agreement (and any Underlying Common Stock issued upon conversion thereof) and (ii) any securities issued directly or indirectly in respect of the foregoing securities by way of a split, dividend, distribution or other division of securities, or in connection with a combination or exchange of securities, recapitalization, merger, consolidation, or other reorganization.
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Examples of Series C Equity in a sentence

  • If any such special meeting required to be called as above provided shall not be called by the Secretary within 20 days after receipt of any such request, then any holder of Series C Equity Shares, Series C-1 Equity Shares or the Series C-2 Equity Shares may call such meeting, upon the notice above provided, and for that purpose shall have access to the records of the Corporation.

  • Each Excess Series C Preferred Share shall be identical in all respects to each other Excess Series C Preferred Share, and except as otherwise provided herein, shall be identical in all respects to each Series C Preferred Share (the Series C Preferred Shares together with the Excess Series C Preferred Shares being hereinafter referred to as the "Series C Equity Shares").

  • Except as otherwise required by applicable law or as set forth herein, the Series C Equity Shares shall not have any relative, participating, optional or other special voting rights and powers other than as set forth herein, and the consent of the holders thereof shall not be required for the taking of any corporate action.

  • If any such special meeting required to be called as above provided shall not be called by the Secretary within 20 days after receipt of any such request, then any holder of Series C Equity Shares may call such meeting, upon the notice above provided, and for that purpose shall have access to the records of the Corporation.

  • In any matter for which a holder of Series C Equity Shares is permitted to vote under this Section 11(b), such holder shall have the number of votes equal to the number of Common Shares into which the Series C Equity Shares of such holder is convertible on the record date for such vote.

  • If any such special meeting required to be called as above provided shall not be called by the Secretary within 20 days after receipt of any such request, then any holder of Series C Equity Shares, Series C-1 Equity Shares or the Series C-2 Equity Shares, if any, may call such meeting, upon the notice above provided, and for that purpose shall have access to the records of the Corporation.

  • The Corporation's obligation to provide cash in accordance with the preceding sentence shall be deemed fulfilled if, on or before the Call Date, the Corporation shall deposit with a bank or trust company that has an office in the Borough of Manhattan, City of New York, and that has capital and surplus of at least $150,000,000, necessary for such redemption, in trust, with irrevocable instructions that such cash be applied to the redemption of the Series C Equity Shares so called for redemption.

  • All Series C Equity Shares which shall -------------------- have been issued and reacquired in any manner by the Corporation shall be restored to the status of authorized but unissued preferred stock, without discretion as to class or series, and subject to applicable limitations set forth in the Articles may thereafter be reissued as shares of any series of preferred stock.

  • Except as provided above, the Corporation shall make no payment or allowance for unpaid dividends, whether or not in arrears, on Series C Equity Shares called for redemption.

  • If the Call Date falls after a dividend payment record date and prior to the corresponding Dividend Payment Date, then each holder of Series C Equity Shares at the close of business on such dividend payment record date shall be entitled to the dividend payable on such shares on the corresponding Dividend Payment Date notwithstanding any redemption of such shares before such Dividend Payment Date.