Capitalization at the Closing Sample Clauses

Capitalization at the Closing. On the Closing Date, immediately before the consummation of the Share Exchange, MAMM shall have as authorized capital stock a total of 200,000,000 shares of Common Stock, $.0001 par value per share, of which not more than 52,409,888 shares of Common Stock shall be issued and outstanding.
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Capitalization at the Closing. On the Closing Date (as defined below) of the First Closing, immediately before the consummation of the Equity exchange, DEAC shall have as authorized capital stock a total of 500,000,000 shares of Common Stock, $.0001 par value per share, of which approximately 130,237,299shares of Common Stock shall be issued and outstanding, and a total of 250,000,000 shares of Preferred Xxxxx, $.0000 par value per share, of which not more than 2,000,000 shares of Preferred Stock shall be issued and outstanding (the "DEAC Capitalization").
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Capitalization at the Closing. On the Closing Date, immediately before the consummation of the Share Exchange, USTP shall have as authorized capital stock a total of 75,000,000 shares of Common Stock, $.001 par value per share, of which not more than 20,401,000 shares of Common Stock shall be issued and outstanding.
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Capitalization at the Closing. On the Closing Date, immediately before the consummation of the Share Exchange, VIRZ shall have as authorized capital stock a total of 75,000,000 shares of Common Stock, $.001 par value per share, of which not more than 10,255,000 shares of Common Stock shall be issued and outstanding.
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Capitalization at the Closing. On the Closing Date, immediately before the consummation of the Share Exchange, JMC shall have as authorized capital stock a total of 10,000,000,000 shares of Common Stock, par value $.0001 per share, of which not more than 491,000 shares (giving effect to the Forward Split) shall be issued and outstanding, and 50,000,000 shares of undesignated preferred stock, par value $.0001 per share, of which no shares shall be issued and outstanding
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Capitalization at the Closing. On the Closing Date, immediately before the consummation of the Share Exchange, VELV shall have as authorized capital stock a total of 100,000,000 shares of Common Stock, $.0001 par value per share, of which not more than 4,140,000 shares of Common Stock shall be issued and outstanding, and 5,000,000 shares of Preferred Stock at $.0001 par value per share of which no shares of Preferred Stock shall be issued and outstanding.
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Capitalization at the Closing. On the Closing Date, immediately before the consummation of the Share Exchange, MKHD shall have authorized capital stock of a total of (i) [TBD] shares of Common Stock, $.0001 par value per share, of which [TBD] shares of Common Stock shall be issued and outstanding; and (ii) [TBD] shares of Preferred Stoxx, $.0000 xxr value per share, of which [TBD] shares of Preferred Stock shall be issued and outstanding.
Sample 1
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Capitalization at the Closing. On the Closing Date, immediately before the consummation of the Share Exchange, VICTORY DIVIDE shall have as authorized capital stock a total of 10,000,000,000 shares of Common Stock, par value $.001 per share, of which not more than 487,500 shares of Common Stock shall be issued and outstanding , and 50,000,000 shares of preferred stock, par value $.001 per share, of which no shares shall be issued and outstanding, but 10,000,000 shares shall have been designated as Series A Convertible Preferred Stock (“Series A Stock”) and 10,000,000shares shall have been designated as Series B Convertible Preferred Stock (“Series B Stock”).
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Capitalization at the Closing. On the Closing Date, immediately before the consummation of the Share Exchange, OCEE shall have as authorized capital stock a total of 98,167,538 post-split shares of Common Stock, $.001 par value per share, of which not more than 15,968,620 post-split shares of Common Stock shall be issued and outstanding..
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Related to Capitalization at the Closing

  • Transactions at the Closing At the Closing, the following transactions shall occur, which transactions shall be deemed to take place simultaneously and no transaction shall be deemed to have been completed or any document delivered until all such transactions have been completed and all required documents delivered:

  • Actions at the Closing At the Closing:

  • Procedure at the Closing At the Closing, the parties agree to take the following steps in the order listed below (provided, however, that upon their completion all of these steps shall be deemed to have occurred simultaneously):

  • Transactions to be Effected at the Closing (a) At the Closing, Buyer shall:

  • Deliveries at the Closing At the Closing:

  • Actions to be Taken at the Closing At the Closing, the Parties will take the following actions and deliver the following documents:

  • Delivery of the Shares at the Closing The completion of the purchase and sale of the Shares (the "Closing") shall occur within three business days (or on such other later date as the Placement Agent and the Company both agree) of the date of receipt by the Company of confirmation by the Securities and Exchange Commission (the "Commission") of the Commission's willingness to declare effective the registration statement to be filed by the Company pursuant to Section 7.1 hereof (the "Registration Statement") at a place and time (the "Closing Date") to be agreed upon by the Company and the Placement Agent and of which the Purchasers will be notified by facsimile transmission or otherwise. At the Closing, the Company shall deliver to the Purchaser one or more stock certificates registered in the name of the Purchaser, or in such nominee name(s) as designated by the Purchaser in writing, representing the number of Shares set forth in Section 2 above. The name(s) in which the stock certificates are to be registered are set forth in the Stock Certificate Questionnaire attached hereto as part of Appendix I. The Company's obligation to complete the purchase and sale of the Shares and deliver such stock certificate(s) to the Purchaser at the Closing shall be subject to the following conditions, any one or more of which may be waived by the Company: (a) receipt by the Company of same-day funds in the full amount of the purchase price for the Shares being purchased hereunder; (b) completion of the purchases and sales under the Agreements with all of the Other Purchasers; and (c) the accuracy of the representations and warranties made by the Purchasers and the fulfillment of those undertakings of the Purchasers to be fulfilled prior to the Closing. The Purchaser's obligation to accept delivery of such stock certificate(s) and to pay for the Shares evidenced thereby shall be subject to the following conditions: (a) the Commission has notified the Company of the Commission's willingness to declare the Registration Statement effective on or prior to the 75th day after the date such Registration Statement was filed by the Company; and (b) the accuracy in all material respects of the representations and warranties made by the Company herein and the fulfillment in all material respects of those undertakings of the Company to be fulfilled prior to Closing. The Purchaser's obligations hereunder are expressly not conditioned on the purchase by any or all of the Other Purchasers of the Shares that they have agreed to purchase from the Company.

  • After the Closing Date Buyer shall accept payment of all accounts receivable in the normal course of conducting the Business. Upon payment of any amounts from Delinquent Members, Buyer shall credit such payment first to the amounts owed by such Delinquent Member indicated on the Seller Receivable List, and then for Buyer's account.

  • Documentation at Closing The Purchaser shall have received prior to or at the Closing all of the following documents or instruments, or evidence of completion thereof, each in form and substance satisfactory to the Purchaser:

  • Payment at Closing; Fee Letters The Borrower shall have paid to the Administrative Agent and the Lenders the fees set forth or referenced in Section 4.3 and any other accrued and unpaid fees or commissions due hereunder (including, without limitation, legal (including, without limitation, local counsel) fees and expenses) and to any other Person such amount as may be due thereto in connection with the transactions contemplated hereby, including all taxes, fees and other charges in connection with the execution, delivery, recording, filing and registration of any of the Loan Documents.

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