Preferred Shares

Preferred Shares. A newly-authorized class of the Company's preferred stock, which class (i) shall be non-voting for all purposes (including for clarity, no rights to vote for the election of the Company's directors), (ii) shall be non-convertible, (iii) shall receive non-cumulative dividends in an amount equal to five percent (5%) of the original issue price per share when and only if declared by the Company's Board of Directors (and, for the avoidance of doubt, with no participation rights with respect to any... dividends payable with respect to the Company's Common Stock), (iv) shall have a senior (to all existing classes and/or series of the Company), non-participating liquidation preference equal to the original issue price of $1,000.00 per share (which liquidation preference, for the avoidance of doubt and with respect to the Preferred Shares to be issued to KIA, shall be equal to the Interest Payment Amount (as defined below) in the aggregate) less any amounts paid in the form of dividends as contemplated by the preceding clause (iii), and (iv) shall be redeemable at the option of the holders of a majority of the outstanding Preferred Shares on or after March 15, 2023 View More

Preferred Shares. The meaning ascribed to such term in the Securities Purchase Agreement

Preferred Shares. Or "A Preferred Shares" means A preferred shares of £0.001 each in the capital of the Company from time to time.

Preferred Shares. (i) the Series A Senior Convertible Preferred Shares, (ii) the Series A Preferred Shares, and (iii) any other class or series of the Company's preferred equity, however designated, which entitles the holder thereof to a preference with respect to the payment of dividends, or as to the distribution of assets upon any Liquidation of the Company, over Common Shares

Preferred Shares. Collectively, the Series A Preferred Shares, the Series A Prime Preferred Shares and the Series B Preferred Shares.

Preferred Shares. The preferred shares of Lineal, with such rights as are set forth in the Lineal Company Agreement.

Preferred Shares. Is defined in the recitals to this Agreement.

Preferred Shares. Means shares of Senior A Preferred Stock, Senior B Preferred Stock and Junior Preferred Stock.

Preferred Shares. The shares of Series B Convertible Preferred Stock par value $0.001 per share, issued or issuable to Investor pursuant to the Purchase Agreement.