Issue and Allotment of New Securities Sample Clauses

Issue and Allotment of New Securities. 9.3.1 Within five Business Days after the later of the expiry of the Issue Notice Period and the completion of the process contemplated by clause 9.2 (but in any event within 15 Business Days of the expiry of the Issue Notice Period), the Company shall give notice in writing to each Shareholder of: (a) the number and price of the New Securities (including any Excess Demand Securities, as applicable) for which that Shareholder has committed to subscribe; and (b) the place and time on which the subscription is to be completed and the account details for the transfer of the required subscription monies. 9.3.2 On payment of the subscription monies in accordance with clause 9.3.1(b), the Company shall issue and allot the relevant New Securities (including any Excess Demand Securities, as applicable) to that Shareholder.
AutoNDA by SimpleDocs

Related to Issue and Allotment of New Securities

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Indemnification Notwithstanding any contrary provision contained in this Agreement, any election hereunder or any termination of this Agreement, and whether or not this Agreement is otherwise carried out, the provisions of Section 5 shall not be in any way affected by such election or termination or failure to carry out the terms of this Agreement or any part hereof.

  • Definitions As used in this Agreement, the following terms shall have the following meanings:

  • Survival The representations and warranties contained herein shall survive the Closing and the delivery of the Securities.

  • Counterparts This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

  • NOW, THEREFORE the parties hereto agree as follows:

  • Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

  • Limitation of Liability No provision hereof, in the absence of any affirmative action by the Holder to exercise this Warrant to purchase Warrant Shares, and no enumeration herein of the rights or privileges of the Holder, shall give rise to any liability of the Holder for the purchase price of any Common Stock or as a stockholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.

  • Term The term of this Agreement will be ten (10) years from the Effective Date (as such term may be extended pursuant to Section 4.2, the “Term”).

  • Entire Agreement This DPA and the Service Agreement constitute the entire agreement of the Parties relating to the subject matter hereof and supersedes all prior communications, representations, or agreements, oral or written, by the Parties relating thereto. This DPA may be amended and the observance of any provision of this DPA may be waived (either generally or in any particular instance and either retroactively or prospectively) only with the signed written consent of both Parties. Neither failure nor delay on the part of any Party in exercising any right, power, or privilege hereunder shall operate as a waiver of such right, nor shall any single or partial exercise of any such right, power, or privilege preclude any further exercise thereof or the exercise of any other right, power, or privilege.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!