Standard Preferred Stock means the shares of a series of Preferred Stock issued to the investors investing new money in the Company in connection with the initial closing of the Equity Financing.
Standard Preferred Stock means the shares of a series of Preferred Stock issued to the Investor in an Equity Financing, having the identical rights, privileges, preferences and restrictions as the shares of Financing Preferred Stock, except that such series will have no voting rights, other than required by law.
Standard Preferred Stock means (i) with respect to a Company that is a corporation at the time of the Equity Financing, the shares of a series of Preferred Stock issued to the investors investing new money in the Company in connection with the initial closing of the Equity Financing, or (ii) with respect to a Company that is a limited liability company at the time of the Equity Financing, the shares of the series of Preferred Stock issued as a result of the Incorporation Event to holders of the Preferred Securities which were issued to the investors investing new money in the Company in connection with the initial closing of the Equity Financing.
Examples of Standard Preferred Stock in a sentence
The Investor shall have the right to purchase its pro rata share of Standard Preferred Stock being sold in the Equity Financing (the “Pro Rata Right”).
More Definitions of Standard Preferred Stock
Standard Preferred Stock means the shares of a series of Preferred Stock issued to the investors investing new money in the Company in connection with the initial closing of the Equity Financing. ”MFN Amendment Provision” If the Company issues any Subsequent Convertible Securities prior to termination of this Safe, the Company will promptly provide the Investor with written notice thereof, together with a copy of all documentation relating to such Subsequent Convertible Securities and, upon written request of the Investor, any additional information to such Subsequent Convertible Securities as may be reasonably requested by the Investor. In the event the Investor determines that the terms of the Subsequent Convertible Securities are preferable to the terms of this instrument, the Investor will notify the Company in writing. Promptly after receipt of such written notice from the Investor, the Company agrees to amend and restate this instrument to be identical to the instrument(s) evidencing the Subsequent Convertible Securities.
Standard Preferred Stock means the shares of the series of preferred stock issued to the investors investing new money in the Company in connection with the initial closing of the Equity Financing and containing preferred terns standard to similar sized venture capital transactions.
Standard Preferred Stock means the shares of a series of Preferred Stock issued to the investors investing new money in the Company in connection with the initial closing of the Equity Financing. All Standard Preferred Stock will be non-voting stock.