Series C1 CCPS definition

Series C1 CCPS means a collective reference to such number of Series C1 compulsorily convertible cumulative preference shares as set out in the Series C1 Subscription Agreement and having such terms as set out in this Agreement.
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Series C1 CCPS means a collective reference to such number of Series C1 compulsorily convertible cumulative preference shares as set out in the Series C1 Subscription Agreement issued to Sequoia, Accel and Sands Capital, having such terms as set out in these Articles.
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Series C1 CCPS means the Series C1 compulsorily convertible preference shares of the Company, each having a face value of INR 10 (Indian Rupees Ten) and carrying such terms and conditions as are set out in the Articles and as agreed amongst the Company and the Shareholders.
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Examples of Series C1 CCPS in a sentence

  • Series A CCPS pari passu with Series B CCPS, Series B1 CCPS, Series C CCPS, Series C1 CCPS, Series C2 CCPS, Series D CCPS and Series E CCPS shall rank senior to all other instruments that are outstanding and/or which may be issued by the Company from time to time in all respects including but not limited to voting rights, dividends and liquidation.

  • The dividend shall be payable, subject to cash flow solvency, in the event the Board declares any dividend for the relevant year, and shall be paid to the holders of Series B1 CCPS, pari passu with the holders of Series A CCPS, Series B CCPS, Series C CCPS, Series C1 CCPS, Series C2 CCPS, Series D CCPS and Series E CCPS in priority to other classes of Shares.

  • In any Liquidation Event, subject to Applicable Law, holders of Series B CCPS shall pari passu with the holders of Series A CCPS, Series B1 CCPS, Series C CCPS, Series C1 CCPS, Series C2 CCPS, Series D CCPS and Series E CCPS have a preference over the other shareholders of the Company, as provided in Clause 10 (Liquidation Preference).

  • Series B CCPS pari passu with Series A CCPS, Series B1 CCPS, Series C CCPS, Series C1 CCPS, Series C2 CCPS, Series D CCPS and Series E CCPS shall rank senior to all other instruments that are outstanding and/or which may be issued by the Company from time to time in all respects including but not limited to voting rights, dividends and liquidation.

  • The dividend shall be payable, subject to cash flow solvency, in the event the Board declares any dividend for the relevant year, and shall be paid to the holders of Series B CCPS, pari passu with the holders of Series A CCPS, Series B1 CCPS, Series C CCPS, Series C1 CCPS, Series C2 CCPS, Series D CCPS and Series E CCPS in priority to other classes of Shares.

  • Notwithstanding the foregoing, in the case of any event to which this Paragraph is applicable, the Company shall also deliver the certificate described in Paragraph 3(ii) below to each holder of Series A CCPS and/or Series B CCPS and/ or Series B1 CCPS and/ or Series C CCPS and/or Series C1 CCPS and/or Series C2 CCPS and/or Series D CCPS and/or Series E CCPS at least 10 (Ten) Business Days' prior to effecting such reorganization or reclassification as aforesaid.

  • In any Liquidation Event, subject to Applicable Law, holders of Series A CCPS shall, pari passu with the holders of Series B CCPS, Series B1 CCPS, Series C CCPS, Series C1 CCPS, Series C2 CCPS, Series D CCPS and Series E CCPS, have a preference over the other shareholders of the Company, as provided in Clause 10 (Liquidation Preference).

  • All Fees charged to the Payment Account will be clearly and specifically listed in the Transaction History and Account Statement.


More Definitions of Series C1 CCPS

Series C1 CCPS means a collective reference to such number of Series C1 compulsorily convertible cumulative preference shares as set out in the Series C1 Subscription Agreement and having such terms as set out in the Shareholders’ Agreement.
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