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 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.

Series Preferred means the Company's presently authorized Series B Convertible Preferred Stock, $0.001 par value per share, and any stock into or for which such Series B Convertible Preferred Stock may hereafter be converted or exchanged, and after the automatic conversion of the Series B Convertible Preferred Stock to common stock shall mean the Company's common stock, $0.001 par value per share (the "Common Stock"), (b) the term "Date of Grant" shall mean December 13, 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.

Examples of Series Preferred in a sentence

• Statement with Respect to Shares of a Domestic Corporation amending the designations of Series A Junior Participating Preferred Shares as a series of the Series Preferred Stock of the Company, dated January 6, 2009.

• Preferred shares are automatically converted into common shares if (i) approved by a majority of the Series Preferred Shares or (ii) the Company undertakes an underwritten public offering pursuant to a prospectus or similar document for aggregate proceeds of $20 million at a price per share of at least $4.50.

• Subsection ( l) to Section D.5 outlines procedures for an ―Automatic Conversion.‖ This subsection states:Each share of Series Preferred shall automatically be converted into shares of Common Stock, based on the then- effective applicable Series Preferred Conversion Price, (A) at any time upon the affirmative election of the holders of at least fifty-one percent (51%) of the then-outstanding shares of Series Preferred .

• The first clause of Section D.2(b) states: ―For so long as any shares of a series of Series B Preferred remain outstanding.‖ The parties do not dispute that when the Series Preferred were solicited to vote in favor of an automatic conversion, Series B Preferred was outstanding.

• Section D.5(l)(ii) states: ―Upon the occurrence of either of the events specified in Section D.5[(l)](i) above, the outstanding shares of Series Preferred shall be converted automatically without any further action by the holders of such shares .

More Definitions of Series Preferred

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 the Series A Preferred, the Series B Preferred, the Series C Preferred, the Series D Preferred and the Series E Preferred.

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.

Series Preferred means the Company’s authorized Series C Preferred Stock, and any stock into or for which such Series C Preferred Stock may hereafter be converted or exchanged, and (b) the term “Date of Grant” shall mean the Date of Grant listed on the signature page hereof.

Series Preferred means the Company's presently authorized Series C Preferred Stock, and any stock into or for which such Series C Preferred Stock may hereafter be converted or exchanged, and after the automatic conversion of the Series C Preferred Stock to Common Stock pursuant to the Company's Certificate of Incorporation shall mean the Company's Common Stock, (b) the term "Date of Grant" shall mean July 26, 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 all shares of Series A Preferred, Series B Preferred, Series A-1 Preferred, Series A-2 Preferred and Series A-3 Preferred; provided, that for purposes of Section 5.6(a)(ii), “Series Preferred” shall not include Series A-3 Preferred.”

Series Preferred means all shares of the Series A Preferred and the Series B Preferred.