Series Preferred definition
Series Preferred means the Company’s presently authorized Series D Preferred Stock, and any stock into or for which such Series D Preferred Stock may hereafter be converted or exchanged, and after the automatic conversion of the Series D Preferred Stock to Common Stock shall mean the Company’s Common Stock, (b) the term “Date of Grant” shall mean July 31, 2002, and (c) the term “Other Warrants” shall mean any other warrants issued by the Company in connection with the transaction with respect to which this Warrant was issued, and any warrant issued upon transfer or partial exercise of or in lieu of this Warrant. The term “Warrant” as used herein shall be deemed to include Other Warrants unless the context clearly requires otherwise.
Series Preferred means, the Company’s Series C-1 Preferred Stock, and any stock into or for which such Series C-1 Preferred Stock may hereafter be converted or exchanged, and after the conversion of the Series C-1 Preferred Stock to shares of the Company’s common stock (the “Common Stock”), shall mean the Company’s Common Stock; (b) the term “Date of Grant” shall mean February 6, 2024; and (c) the term “Other Warrants” shall mean any other warrants issued by the Company to the holder in connection with the transaction with respect to which this Warrant was issued, and any warrant issued in exchange for and upon transfer or partial exercise of or in lieu of this Warrant. The term “Warrant” as used herein shall be deemed to include Other Warrants unless the context clearly requires otherwise.
Series Preferred means the Company's presently authorized Series B Preferred Stock, and any stock into or for which such Series B Preferred Stock may hereafter be converted or exchanged, (b) the term "Date of Grant" shall mean July 31, 1996, and (c) the term "Other Warrants" shall mean any other warrants issued by the Company in connection with the transaction with respect to which this Warrant was issued, and any warrant issued upon transfer or partial exercise of this Warrant. The term "Warrant" as used herein shall be deemed to include Other Warrants unless the context clearly requires otherwise.
Examples of Series Preferred in a sentence
If the Company at any time while this Warrant remains outstanding and unexpired shall subdivide or combine its outstanding shares of Series Preferred, the Warrant Price shall be proportionately decreased and the number of Shares issuable hereunder shall be proportionately increased in the case of a subdivision and the Warrant Price shall be proportionately increased and the number of Shares issuable hereunder shall be proportionately decreased in the case of a combination.
During the period within which the rights represented by this Warrant may be exercised, the Company will at all times have authorized, and reserved for the purpose of the issue upon exercise of the purchase rights evidenced by this Warrant, a sufficient number of shares of its Series Preferred to provide for the exercise of the rights represented by this Warrant and a sufficient number of shares of its Common Stock to provide for the conversion of the Series Preferred into Common Stock.
Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.
The person or persons in whose name(s) any certificate(s) representing shares of Series Preferred shall be issuable upon exercise of this Warrant shall be deemed to have become the holder(s) of record of, and shall be treated for all purposes as the record holder(s) of, the shares represented thereby (and such shares shall be deemed to have been issued) immediately prior to the close of business on the date or dates upon which this Warrant is exercised.
For purposes of such automatic exercise, the fair market value of one share of the Series Preferred upon such expiration shall be determined pursuant to Section 10.2(c).
More Definitions of Series Preferred
Series Preferred means the Company's presently authorized Series F Non-Voting Preferred Stock, par value $.01 per share, and any stock into or for which such Series F Non-Voting Preferred Stock may hereafter be converted or exchanged, and after the conversion of the Series F Non-Voting Preferred Stock to the Company's Common Stock, par value $.01 per share, shall mean the Company's Common Stock, (b) the term "Date of Grant" shall mean September 27, 2001, and (c) the term "Other Warrants" shall mean any other warrants issued by the Company in connection with the transaction with respect to which this Warrant was issued, and any warrant issued upon transfer or partial exercise of or in lieu of this Warrant. The term "Warrant" as used herein shall be deemed to include Other Warrants unless the context clearly requires otherwise.
Series Preferred means, as applicable: (i) (a) if the Company satisfies the Equity Raise Milestone (as defined below), the Company’s Series B Preferred Stock, and any stock into or for which such Series B Preferred Stock may hereafter be converted or exchanged, and after the conversion of the Series B Preferred Stock to shares of the Company’s common stock (the “Common Stock”), shall mean the Company’s Common Stock; or (b) if the Company fails to satisfy the Equity Raise Milestone, then the term “Series Preferred” shall mean, at the holder’s election, (1) Series B Preferred Stock, and any stock into or for which such Series B Preferred Stock may hereafter be converted or exchanged, and after the conversion of the Series B Preferred Stock to Common Stock, shall mean the Company’s Common Stock, (2) Next Round Preferred Stock (as defined below), and any stock into or for which such Next Round Preferred Stock may hereafter be converted or exchanged, and after the conversion of the Next Round Preferred Stock to shares of Common Stock, shall mean the Company’s Common Stock, or (3) shares of capital stock of the Company (such stock, the “Bridge Round Stock”) into which any note (each, a “Note” and collectively, the “Notes”) issued by the Company, during the period commencing on the Date of Grant (as defined below) and continuing through the date on which the Company consummates the first Qualified Financing (as defined below) following the Date of Grant, is converted (such conversion, a “Note Conversion”), and after the conversion of all then-outstanding shares of the Bridge Round Stock into Common Stock, shall mean the Common Stock; (b) the term “Date of Grant” shall mean May 1, 2020; (c) the term “Other Warrants” shall mean any other warrants issued by the
Series Preferred means, the Company’s Series C-1 Preferred Stock, and any stock into or for which such Series C-1 Preferred Stock may hereafter be converted or exchanged, and after the conversion of the Series C-1 Preferred Stock to shares of the Company’s common stock (the “Common Stock”), shall mean the Company’s Common Stock; (b) the term “Date of Grant” shall mean March 10, 2022; and (c) the term “Other Warrants” shall mean any other warrants issued by the Company to the holder in connection with the transaction with respect to which this Warrant was issued, and any warrant issued in exchange for and upon transfer or partial exercise of or in lieu of this Warrant. The term “Warrant” as used herein shall be deemed to include Other Warrants unless the context clearly requires otherwise. Notwithstanding anything to the contrary contained herein, if Horizon makes Loan J (as defined in that certain Amended and Restated Venture Loan and Security Agreement among the Company, Horizon, Horizon Credit II LLC, Horizon Funding Trust 2019-1, and Horizon as Collateral Agent, dated as of the Date of Grant (the “Loan Agreement”)) is made to or on behalf of the Company, the number of Shares for which this Warrant is exercisable shall, automatically, and without any action by any party hereto, be amended to be 13,982.
Series Preferred means all shares of Series A Preferred, Series B Preferred, Series A-1 Preferred and Series A-2 Preferred.”
Series Preferred means, at the holder’s election, (1) Series B Preferred Stock, and any stock into or for which such Series B Preferred Stock may hereafter be converted or exchanged, and after the conversion of the Series B Preferred Stock to Common Stock, shall mean the Company’s Common Stock, (2) Next Round Preferred Stock (as defined below), and any stock into or for which such Next Round Preferred Stock may hereafter be converted or exchanged, and after the conversion of the Next Round Preferred Stock to shares of Common Stock, shall mean the Company’s Common Stock, or (3) shares of capital stock of the Company (such stock, the “Bridge Round Stock”) into which any note (each, a “Note” and collectively, the “Notes”) issued by the Company, during the period commencing on the Date of Grant (as defined below) and continuing through the date on which the Company consummates the first Qualified Financing (as defined below) following the Date of Grant, is converted (such conversion, a “Note Conversion”), and after the conversion of all then-outstanding shares of the Bridge Round Stock into Common Stock, shall mean the Common Stock; (b) the term “Date of Grant” shall mean May 1, 2020; (c) the term “Other Warrants” shall mean any other warrants issued by the
Series Preferred means the Company’s Series A Preferred Stock, Series A-1 Preferred Stock, Series B-1 Preferred Stock, Series B-2 Preferred Stock, Series C Preferred Stock, Series C-1 Preferred Stock and Series C-2 Preferred Stock.
Series Preferred means (i) if the Warrant Price is equal to $5.06, the Company’s presently authorized Series D Preferred Stock, and any stock into or for which such Series D Preferred Stock may hereafter be converted or exchanged, and after the automatic conversion of the Series Preferred Stock to Common Stock shall mean the Company’s Common Stock or (ii) if the Warrant Price is any price other than $5.06, the class of securities sold in the Qualified Financing (as defined below) and any stock into or for which such series of preferred stock may hereafter be converted or exchanged, and after the automatic conversion of such series preferred stock to Common Stock shall mean the Company’s Common Stock, and (b) the term “Date of Grant” shall mean March 31, 2010.