Common use of Additional Issuance Notices Clause in Contracts

Additional Issuance Notices. The Company shall give written notice (an “Issuance Notice”) of any proposed issuance or sale described in subsection (a) above to the Biotest Stockholder within five (5) Business Days following any meeting of the Board of Directors at which any such issuance or sale is approved. The Issuance Notice shall, if applicable, be accompanied by a written offer from any prospective purchaser seeking to purchase New Preferred Securities and shall set forth the material terms and conditions of the proposed issuance, including: (i) the number and description of the New Preferred Securities proposed to be issued and the percentage of the Company's outstanding Equity Securities such issuance would represent; (ii) the proposed issuance date, which shall be at least fifteen (15) Business Days from the date of the Issuance Notice; and (iii) the proposed purchase price per share of New Preferred Securities.

Appears in 3 contracts

Samples: Stockholders Agreement (Biotest AG), Stockholders Agreement (Adma Biologics, Inc.), Master Purchase and Sale Agreement (Adma Biologics, Inc.)

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Additional Issuance Notices. The Company shall give written notice (an "Issuance Notice") of any proposed issuance or sale described in subsection (aSection 8(a) above to the Biotest Stockholder Pre-emptive Stockholders within five (5) Business Days days following any meeting of the Board board of Directors directors of the Company held during the Option Period at which any such issuance or sale is approvedapproved (any such meeting, the “Approval Meeting”). The Issuance Notice shall, if applicable, be accompanied by a written offer from any prospective purchaser seeking to purchase New Preferred Securities and shall set forth the material terms and conditions of the proposed issuance, including: (i) the number and description of the New Preferred Securities proposed to be issued and the percentage of the Company's outstanding Equity Securities such issuance would represent; (ii) the proposed issuance date, which shall be at least fifteen (15) Business Days 20 days from the date of the Issuance Notice; and (iii) the proposed purchase price per share of New Preferred Securitiesshare.

Appears in 2 contracts

Samples: Share Purchase Agreement (Glori Energy Inc.), Share Purchase Agreement (Infinity Cross Border Acquisition Corp)

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