Number of Series Clause Samples

The 'Number of Series' clause defines how many distinct series of securities or shares may be issued under an agreement or within a company structure. Typically, this clause specifies whether the company can create multiple series of shares, each potentially with different rights, preferences, or privileges, such as Series A, Series B, etc. By clearly outlining the permissible number of series, this clause ensures organizational clarity and helps prevent disputes over the creation of new share classes, thereby supporting transparent capital structuring and investor understanding.
Number of Series. In order to equitably share the finite channel space, a producer may have only one series in rotation at a time, but may submit special programs for playback that are clearly different than their series in content, title and length.
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Number of Series. 3.3.1. The Issue shall be made in a single series.
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Number of Series. The Issue was conducted in 2 (two) series, amounting to R$1,200,000,000 (one billion, two hundred million reais), at the Issue Date, in 1st (first) Series Debentures ("Debentures of the 1st Series"), and R$400,000,000 (four hundred million reais), at the Issue Date, in 2nd (second) Series Debentures ("Debentures of the 2nd Series")".
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Number of Series. A Firm Warrants underlying Units: Number of Series B Firm Warrants underlying Units: Number of Pre-Funded Units: Number of Firm Pre-Funded Warrants: Number of Series A Firm Warrants underlying Pre-Funded Units: Number of Series B Firm Warrants underlying Pre-Fund Units:
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Number of Series. C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Interests held by the Manager and its Affiliates The Manager must purchase at least 0.5% of Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Interests and may, or may designate an Affiliate to, purchase additional Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Interests (including in excess of 10%), in its sole discretion, through the Initial Offering. Interest Designation Not applicable Broker Every Markets, LLC, a Delaware limited liability company. Brokerage Fee Up to one percent (1.00%) of the gross proceeds of the Interests from Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ sold at the Initial Offering of the Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Interests (excluding the Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Interests acquired by Manager or Manager’s designated Affiliate), which fee shall be paid by the Manager. Officers There shall initially be no specific officers associated with Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, although, the Manager may appoint Officers of Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ from time to time, in its sole discretion. Aggregate Ownership Limit As stated in Section 1.1. Minimum Interests One (1) Unit per Member.
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Number of Series. 3.6.1. The Issuance will be carried out in a single series.
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Number of Series. 3.3.1 The Issue shall be performed in two (2) series.
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Number of Series. C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Interests held by the Manager and its Affiliates The Manager must purchase at least 0.5% of Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Interests and may, or may designate an Affiliate to, purchase additional Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Interests (including in excess of 10%), in its sole discretion, through the Initial Offering. Interest Designation Not applicable Broker Four Points Capital Partners, LLC Brokerage Fee Up to one percent (1.00%) of the gross proceeds of the Interests from Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ sold at the Initial Offering of the Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Interests (excluding the Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Interests acquired by Manager or Manager’s designated Affiliate), which fee shall be paid by the Manager. Officers There shall initially be no specific officers associated with Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, although, the Manager may appoint Officers of Series: C▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ from time to time, in its sole discretion. Aggregate Ownership Limit As stated in Section 1.1. Minimum Interests One (1) Unit per Member.
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Related to Number of Series

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains the existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation. 2. If the employee chooses to vacate the position or does not meet the skills and abilities requirements of the position, the layoff procedure specified in Article 31 of this Agreement applies.

  • Establishment of Series Subject to the provisions of this Agreement, the Managing Member may, at any time and from time to time and in compliance with paragraph (c), cause the Company to establish in writing (each, a Series Designation) one or more series as such term is used under Section 18-215 of the Delaware Act (each a Series). The Series Designation shall relate solely to the Series established thereby and shall not be construed: (i) to affect the terms and conditions of any other Series, or (ii) to designate, fix or determine the rights, powers, authority, privileges, preferences, duties, responsibilities, liabilities and obligations in respect of Interests associated with any other Series, or the Members associated therewith. The terms and conditions for each Series established pursuant to this Section shall be as set forth in this Agreement and the Series Designation, as applicable, for the Series. Upon approval of any Series Designation by the Managing Member, such Series Designation shall be attached to this Agreement as an Exhibit until such time as none of such Interests of such Series remain Outstanding.

  • Reallocation of Applicable Revolving Percentages to Reduce Fronting Exposure All or any part of such Defaulting Lender’s participation in L/C Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Revolving Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. Subject to Section 11.20, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.

  • Establishment of Series and Classes The Trust shall consist of one or more Series and Classes and separate and distinct records shall be maintained by the Trust for each Series and Class. The Trustees shall have full power and authority, in their sole discretion, and without obtaining any prior authorization or vote of the Shareholders of any Series or Class of the Trust, to establish and designate and to change in any manner any initial or additional Series or Classes and to fix such preferences, voting powers, rights and privileges of such Series or Classes as the Trustees may from time to time determine, to divide or combine the Shares or any Series or Classes into a greater or lesser number, to classify or reclassify any issued Shares or any Series or Classes into one or more Series or Classes of Shares, and to take such other action with respect to the Shares as the Trustees may deem desirable. Unless another time is specified by the Trustees, the establishment and designation of any Series or Class shall be effective upon the adoption of a resolution by the Trustees setting forth such establishment and designation and the preferences, powers, rights and privileges of the Shares of such Series or Class, whether directly in such resolution or by reference to, or approval of, another document that sets forth such relative rights and preferences of such Series (or Class) including, without limitation, any registration statement of the Trust, or as otherwise provided in such resolution. The Trust may issue any number of Shares of each Series or Class and need not issue certificates for any Shares. All references to Shares in this Trust Instrument shall be deemed to be Shares of any or all Series or Classes as the context may require. All provisions herein relating to the Trust shall apply equally to each Series and Class of the Trust except as the context otherwise requires. All Shares of each Class of a particular Series shall represent an equal proportionate interest in the assets belonging to that Series (subject to the liabilities belonging to the Series, and, in the case of each Class, to the liabilities belonging to that Class), and each Share of any Class of a particular Series shall be equal to each other Share of that Class; but the provisions of this sentence shall not restrict any distinctions permissible under this Section 2.6.

  • Vote to Increase Authorized Common Stock Each Stockholder agrees to vote or cause to be voted all Shares owned by such Stockholder, or over which such Stockholder has voting control, from time to time and at all times, in whatever manner as shall be necessary to increase the number of authorized shares of Common Stock from time to time to ensure that there will be sufficient shares of Common Stock available for conversion of all of the shares of Preferred Stock outstanding at any given time.