Series C Majority definition

Series C Majority means the Series C Shareholder(s) holding at least 50% of the issued and outstanding Series C Shares.
Series C Majority means the holders of a majority in number of Series C Shares from time to time;
Series C Majority means the holders of a majority in number of Series C Shares from time to time; “Series C Majority Consent” means the prior written consent of the Series C Majority;

Examples of Series C Majority in a sentence

  • At any time prior to the QIPO, each of the Founder Parties shall not Transfer any Shares directly or indirectly owned by them without the prior written consent of the Series C-2 Majority, the Series C-1 Majority, the Series C Majority, the Series B Majority and the Series A Majority, other than any Transfer of Shares pursuant to the enforcement of the Founder Share Charge and the Holding Company Share Charge (each as defined in the Series C SSA).

  • Subject to Section A.7(c)(ii) and Section A.8(c)(i)(B), any of the rights of the holders of Series C Preferred Stock set forth herein may be waived (in a manner that does not apply to the holders of Seed Preferred Stock, Series A Preferred Stock, Series B Preferred Stock and Series B-1 Preferred Stock) by the affirmative consent or vote of a Series C Majority Interest.9. No Reissuance of Preferred Stock.

  • The issuance of shares of Common Stock or Convertible Securities in any other transaction in which exemption from Section 3(i)(i) is approved by the affirmative vote of the Preferred Majority and the Series C Majority.

  • For this Section 5.1, the “Applicable Requisite Investors” shall mean the Series C Majority with respect to Subsection 5.1(b)(i), the Series B Majority with respect to Subsection 5.1(b)(ii) and the Preferred Majority with respect to Subsection 5.1(b)(iii).

  • Upon the date and time, or the occurrence of an event, specified by vote or written consent of the Series C Majority, then (i) all outstanding shares of Series C Preferred Stock shall automatically be converted into shares of Common Stock, at the then effective conversion rate as calculated pursuant to Subsection 4.1.1 and (ii) such shares may not be reissued by the Corporation (the “Series C Conversion”).


More Definitions of Series C Majority

Series C Majority means the holders in the aggregate of a majority of the then outstanding shares of Series C Preferred Stock, voting together as a separate class.
Series C Majority shall have the meaning ascribed to it in Section 7.1.1.
Series C Majority means (i) the holders of at least a majority of the voting power of the outstanding Series C1 Preferred Shares (voting together as a single class and on an as converted basis) before the Series C2 Closing, or (ii) the holder of at least a majority of the voting power of the outstanding Series C Preferred Shares (voting together as a single class and on an as converted basis) if the Series C2 Closing has been fully consummated.
Series C Majority means the holders of a majority of the Series C Preferred Shares;
Series C Majority means the Series C Preferred Shareholders holding more than 70% of the Series C Preferred Shares.
Series C Majority means the holder(s) representing fifty-one percent (51%) or more of the voting power of the issued and outstanding Series C Preferred Shares (voting as a single class on an as- converted basis).