Series D Stock Definition | Law Insider (2024)

Series D Stock

means the series of Preferred Stock authorized and designated as Series D Convertible Preferred Stock at the date of the Certificate, including any shares thereof authorized and designated after the date of the Certificate.

Series D Stock

means the Series D Preferred Stock of the Company, $.01 -------------- par value per share.

Examples of Series D Stock in a sentence

  • If the Redemption Price payable in respect of a Change of Control Redemption shall not be paid in cash, the Board shall promptly declare a special dividend, payable in shares of Series D Stock, in an amount equal to the excess of the then-effective Redemption Price over the Liquidation Amount.

  • Each such notice shall state: (v) the redemption date; (w) the number of shares of Series D Stock to be redeemed and, if less than all the shares held by such holder are to be redeemed, the number of shares to be redeemed from such holder; (x) the Redemption Price; (y) the place or places where certificates for such shares are to be surrendered for payment of the Redemption Price; and (z) that dividends on the shares to be redeemed will cease to accrue on such redemption date.

  • At any annual or special meeting of the stockholders of the Company at which a matter is submitted to the holders of Series D Stock, each holder shall be entitled to one vote per share of Series D Stock.

  • The Company shall take all actions required or permitted under the DGCL to permit the payment of dividends on the Series D Stock, including, without limitation, through the revaluation of its assets in accordance with the DGCL, to make or keep funds legally available for the payment of dividends.

  • A certificate or certificates will be issued for the remaining shares of Series D Stock in any case in which fewer than all of the shares of Series D Stock represented by a certificate are converted.


More Definitions of Series D Stock

Series D Stock

means the Company’s Series D Convertible Preferred Stock, $0.001 par value per share, as presently constituted under the Charter, and any other class, series or other designation of security into or for which such Series D Convertible Preferred Stock is converted, substituted or exchanged pursuant to a reorganization, reclassification, recapitalization or similar transaction.

Series D Stock

shall have the meaning assigned to such term in the recitals of this Agreement.

Series D Stock

means shares of Series D Preferred Stock, $0.001 par value, of the Company as the same were outstanding prior to the IPO.

Series D Stock

means Series D Preferred Stock of the Borrower, issued pursuant to the Series D Equity Agreement.

Series D Stock

has the meaning set forth in the Recitals.

Series D Stock Definition | Law Insider (2024)

FAQs

Series D Stock Definition | Law Insider? ›

Series D Stock means the series of Preferred Stock authorized and designated as Series D Convertible Preferred Stock at the date of the Certificate, including any shares thereof authorized and designated after the date of the Certificate.

What is stock in law? ›

A stock is the share in the ownership of a corporation. Commonly the ownership of a corporation is divided into shares of a definite value, like 10 dollars per share. The charter of the company will define how many shares and classes of shares will be issued.

What does series of stock mean? ›

A subdivision of a class of shares. If a corporation's articles permit shares of a class to be issued in one or more series, the directors may designate and assign characteristics to a series of shares that, subject to some limitations, may be different from shares of the same class in other series.

What is series D preferred? ›

The Series D Preferred Stock has preference over the firm's common stock for the payment of dividends. Any dividends declared on the preferred stock will be payable quarterly in arrears.

How do you define stock? ›

A stock represents a share in the ownership of a company, including a claim on the company's earnings and assets. As such, stockholders are partial owners of the company. Fractional shares of stock also represent ownership of a company, but at a size smaller than a full share of common stock.

What is the define of stock? ›

Definition: A stock is a general term used to describe the ownership certificates of any company. A share, on the other hand, refers to the stock certificate of a particular company. Holding a particular company's share makes you a shareholder. Description: Stocks are of two types—common and preferred.

What is series D funding? ›

Series D funding occurs when the business was not able to meet its targets with its Series C, and consequently it can mean that the business is now at a lower valuation. Being priced at a lower valuation is usually very negative for a business.

What does Series C stock mean? ›

Similar to previous stages of financing, the series C round primarily relies on raising capital through the sale of preferred shares. The shares are likely to be convertible shares. They offer holders the right to exchange them for common stock in the company at some date in the future.

What is be series stock? ›

The BE series, short for 'Book Entry,' is designed to facilitate equity delivery, T segment trading, and Trade for trade. In this series, traders are not permitted to engage in intraday trading; they can only trade equity deliveries.

What is the stock law in simple words? ›

What is Stokes' law? Stokes' law is a law in physics that states that the force that resists a sphere's fall in a viscous fluid is directly proportional to the velocity of the sphere, the radius of the sphere, and the viscosity of the fluid.

What is the stock act in simple terms? ›

The law prohibits the use of non-public information for private profit, including insider trading, by members of Congress and other government employees. It confirms changes to the Commodity Exchange Act, specifies reporting intervals for financial transactions.

What stock phrase means? ›

stock phrase (plural stock phrases) (idiomatic) A phrase frequently or habitually used by a person or group, and thus associated with them. Bart Simpson's stock phrase "I didn't do it" was once lampooned on the show itself. A cliché.

What is the difference between a stock and a bond? ›

The biggest difference between stocks and bonds is that stocks give you a small portion of a company, whereas bonds let you loan a company or government money.

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