Absence of Rights to Acquire Securities Clause Samples
Absence of Rights to Acquire Securities. Other than as set out in this Agreement or as set forth in the Target Disclosure Statement, no Person has any agreement, right or option, present or future, contingent, absolute or capable of becoming an agreement, right or option or which with the passage of time or the occurrence of any event could become an agreement, right or option:
(a) to require the Target to issue any further or other shares in its capital or any other security convertible or exchangeable into shares in its capital or to convert or exchange any securities into or for shares in the capital of the Target;
(b) for the issue or allotment of any unissued shares in the capital of the Target;
(c) to require the Target to purchase, redeem or otherwise acquire any of the issued and outstanding Target Shares or other securities of the Target; or
(d) to purchase or otherwise acquire from the Target any interest in the Property or any of the Target Assets.
Absence of Rights to Acquire Securities. Except as set out in this Agreement, there are no outstanding options, warrants, subscriptions, conversion rights, or other rights, agreements, resolutions or commitments obligating the Purchaser to issue any additional securities of the Purchaser, or any other securities convertible into, exchangeable for, or evidencing the right to subscribe for or acquire from the Purchaser any securities of the Purchaser.
Absence of Rights to Acquire Securities. Other than as contemplated in this Agreement or disclosed in the Purchaser Public Disclosure Record, no Person has any agreement, right or option, present or future, contingent, absolute or capable of becoming an agreement, right or option or which with the passage of time or the occurrence of any event could become an agreement, right or option:
(i) to require the Purchaser to issue any further or other shares in its capital or any other security convertible or exchangeable into Purchaser Shares or to convert or exchange any securities into or for Purchaser Shares;
(ii) for the issue or allotment of any unissued Purchaser Shares;
(iii) to require the Purchaser to purchase, redeem or otherwise acquire any of the issued and outstanding Purchaser Shares; or
(iv) to acquire any Purchaser Shares.
Absence of Rights to Acquire Securities no person has any agreement or option or any right or privilege (whether by law, pre- emptive or contractual) capable of becoming an agreement, including convertible securities, warrants or convertible obligations of any nature, for the purchase, subscription, allotment or issuance of any unissued shares or other securities of the Acquirer;
Absence of Rights to Acquire Securities. Except for the obligations to issue the Consideration Shares and the Special Warrants as set out in this Agreement, and any outstanding Purchaser Options and Purchaser Finders Warrants as of the date of this Agreement, there are no outstanding Contracts obligating the Purchaser to issue any Purchaser Securities.
Absence of Rights to Acquire Securities. Except for the Target Notes and the Target Options, no Person has any Contract or right, present or future, contingent, absolute or capable of becoming a Contract, or right, or which, with the passage of time or the occurrence of any event could become a Contract or right:
(a) to require the Target to issue any further or other shares in its capital or any other security convertible or exchangeable into shares in its capital or to convert or exchange any securities into or for shares in its capital;
(b) for the issue or allotment of any unissued shares in the capital of the Target; or
(c) to require the Target to purchase, redeem or otherwise acquire any of the issued and outstanding shares in the capital of the Target.
Absence of Rights to Acquire Securities. Except as set out in this Agreement and the Parent Disclosure Letter, there are no outstanding Contracts obligating the Parent to issue any of the Parent Securities.
Absence of Rights to Acquire Securities. Other than as otherwise set out in this Agreement, no Person has any agreement, right or option, present or future, contingent, absolute or capable of becoming an agreement, right or option or which with the passage of time or the occurrence of any event could become an agreement, right or option:
a) to require the Target to issue any further or other units in its capital or any other security convertible or exchangeable into units in its capital or to convert or exchange any securities into or for units in the capital of the Target;
b) for the issue or allotment of any unissued units in the capital of the Target;
c) to require the Target to purchase, redeem or otherwise acquire any of the issued and outstanding Units; or
d) to purchase or otherwise acquire from the Target any interest in any of the Target Assets.
Absence of Rights to Acquire Securities. No Person has any Contract or right, present or future, contingent, absolute or capable of becoming a Contract or right, or which, with the passage of time or the occurrence of any event could become a Contract or right:
(a) to require Holdco to issue any further or other membership interest or any other security convertible or exchangeable into a membership interest; or
(b) to require Holdco to purchase, redeem or otherwise acquire any Holdco Membership Interest.
Absence of Rights to Acquire Securities. Other than as set out in this Agreement and other than as set out in the Target Disclosure Schedule, no Person has any Contract or right, present or future, contingent or absolute, capable of becoming a Contract:
(a) to require the Target to issue any Target Securities; or
(b) to require the Target to purchase, redeem or otherwise acquire any Target Securities.