KL Stock Sample Clauses

KL Stock. The shares of KL Stock, when issued to the Company and upon receipt of the consideration therefor pursuant to the terms of this Agreement, will be duly authorized, validly issued and outstanding, fully paid and nonassessable and free and clear of all pledges, liens, encumbrances and restrictions, except as otherwise created by the Company and other than restrictions arising under applicable securities laws.
AutoNDA by SimpleDocs
KL Stock. 14 3.11 Capitalization.................................................................................14 3.12
KL Stock. 22 6.8 Distribution Arrangements with Kushxxx Xxxkx...................................................22
KL Stock. During the period of 90 days beginning with the Closing Date, the Company shall not sell, transfer or otherwise dispose of in any public transaction (collectively, "Transfer") any of the shares of KL Stock delivered to the Company hereunder. During the period of 9 months beginning with the day immediately following the expiration of the 90-day period referred to in the immediately preceding sentence, the Company shall not Transfer more than 100,000 shares of KL Stock (subject to adjustment for
KL Stock. During the period of 90 days beginning with the Closing Date, the Company shall not sell, transfer or otherwise dispose of in any public transaction (collectively, "Transfer") any of the shares of KL Stock delivered to the Company hereunder. During the period of 9 months beginning with the day immediately following the expiration of the 90-day period referred to in the immediately preceding sentence, the Company shall not Transfer more than 100,000 shares of KL Stock (subject to adjustment for stock splits, combinations, stock dividends and similar events effected by KL after the date hereof) during any 30 day period. Thereafter, the Company shall be free to sell any of the KL Stock without restriction, subject to compliance with any applicable securities laws. Nothing herein should 32 prohibit the Company from engaging in any hedging activities (other than short sales) with respect to the KL Stock.

Related to KL Stock

  • Common Shares 4 Company...................................................................................... 4

  • Xxxxx Stock The Company agrees that it will use commercially reasonable efforts to prevent the Company from becoming subject to Rule 419 under the Securities Act prior to the consummation of any Business Combination, including, but not limited to, using its best efforts to prevent any of the Company’s outstanding securities from being deemed to be a “xxxxx stock” as defined in Rule 3a51-1 under the Exchange Act during such period.

  • Common Stock 1 Company........................................................................1

  • Shares The term “

  • Company Stock The Certificates and stock powers, duly endorsed, transferring the Company Stock to Subsidiary and the officer and director resignations required in Section 4.6;

  • Dividends; Capital Stock Declare or pay, directly or indirectly, any dividends or make any other distribution, or payment, whether in cash, property, securities or a combination thereof, with respect to (whether by reduction of capital or otherwise) any shares of capital stock (or any options, warrants, rights or other equity securities or agreements relating to any capital stock) of the Borrower, or set apart any sum for the aforesaid purposes (collectively, “Restricted Payments”), except that:

  • Ordinary Shares The Ordinary Shares included in the Units have been duly authorized and, when issued and delivered against payment for the Offered Securities by the Underwriters pursuant to this Agreement and registered in the Company’s register of members, will be validly issued, fully paid and non-assessable. The holders of such Ordinary Shares are not and will not be subject to personal liability by reason of being such holders; such Ordinary Shares are not and will not be subject to any preemptive or other similar contractual rights granted by the Company.

  • Company Capital Stock “Company Capital Stock” shall mean the Company Common Stock and the Company Preferred Stock.

  • Capital Stock Upon the terms and subject to the conditions set forth in this Agreement, at the Effective Time, by virtue of the Merger and without any action on the part of Parent, Merger Sub, the Company, or the holders of any of the following securities, the following shall occur:

  • Equity Shares Transferable shares of beneficial interest of the Corporation of any class or series, including common shares or preferred shares.

Time is Money Join Law Insider Premium to draft better contracts faster.