Additional Share Transactions Sample Clauses
The 'Additional Share Transactions' clause defines the terms under which parties may issue, purchase, or transfer additional shares beyond the initial allocation. Typically, this clause outlines the procedures for approving new share issuances, the rights of existing shareholders to participate in such transactions (such as pre-emptive rights), and any restrictions or conditions that apply. Its core function is to regulate changes in the company's share capital, ensuring that all parties are aware of and agree to the process, thereby preventing unexpected dilution of ownership and maintaining fairness among shareholders.
Additional Share Transactions. The Additional Share Transactions shall have been completed concurrently with Closing on terms acceptable to the Purchaser acting reasonably and (i) the Purchaser shall have received copies of all instruments and other evidence as it may reasonably request in order to establish the consummation of such transactions and the taking of all necessary proceedings in connection therewith, and (ii) the Corporation will have delivered or caused to be delivered to the Purchaser:
(i) certificates representing all of the Corporation Shares (other than the Purchased Shares) (or an indemnity satisfactory to the Purchaser in connection with any lost certificates), free and clear of all Encumbrances, other than (A) those restrictions on transfer, if any, contained in the articles of association of the Corporation, and (B) Encumbrances granted by the Purchaser; and
(ii) stock transfer forms in respect of all of the Corporation Shares (other than the Purchased Shares), duly executed by the holders of record thereof, together with an irrevocable power of attorney in favor of the Purchaser on terms that allow the Purchaser to exercise all rights of the holders of record thereof pending stamping and registration of the transfer of the Purchased Shares.
Additional Share Transactions. Simultaneously with closing under the terms of this Agreement, or as soon as reasonably practicable thereafter, LEOPARD shall take such steps as may be necessary or appropriate to do the following:
(a) (Reserved) (b) (Reserved)
Additional Share Transactions. Simultaneously with closing under the terms of this Agreement, or as soon as reasonably practicable thereafter, MID-AM shall take such steps as may be necessary or appropriate to cause a total of 800,000 shares of its common stock to be issued to the designees of Mid-Continental Securities Corp and First Asia Private Equity Investment Limited, as compensation for consulting services. Such shares shall be issued pursuant to a registration statement on Form S-8 to be filed by MID-AM.
Additional Share Transactions. Simultaneously with closing under the terms of this Agreement, or as soon as reasonably practicable thereafter, DERBY shall take such steps as may be necessary or appropriate to cause a total of 1,076,000 shares of its common stock to be issued to the designees of ▇▇. ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇. ▇▇ ▇▇▇ ▇▇▇▇, and ▇▇▇ Man Han as compensation for consulting services. Such shares shall be issued pursuant to a registration statement on Form S-8 to be filed by DERBY.
Additional Share Transactions. Simultaneously with closing under the terms of this Agreement, or as soon as reasonably practicable thereafter, APEX shall take such steps as may be necessary or appropriate to do the following: