Origination Shares Sample Clauses

Origination Shares. The Issuer shall deliver the Origination Shares to the Investor as follows:
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Origination Shares. As an investment incentive, the Borrower shall issue to the Lender 27,500 shares of its Common Stock (the “Additional Origination Shares”).
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Origination Shares. The Company agrees to issue Lender 187,500 shares of its common stock as an origination (the “Origination Shares”)” payable at Effective Date. The Origination Shares are deemed fully earned upon the Effective Date.
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Origination Shares. (a) As an investment incentive for the Purchaser to purchase the Note, the Company shall, on the thirty-first (31st) date following the Closing Date (the “Origination Share Date”), issue to the Purchaser that number of additional shares of Common Stock which shall be determined by dividing: (i) the numerator, which shall be equal to $25,000, and (ii) the denominator of which shall be equal to the average of the volume weighted average prices of the Company’s Common Stock during the five (5) Trading Days prior to the Origination Share Date (the “Origination Shares”). The Purchaser shall provide written notice to the Company, as soon as reasonably practicable, of the number of Origination Shares that shall be issued pursuant to this Section 2.3 (the “Notice Date”), and the Company shall, within five (5) business days of the Notice Date, use its best efforts to issue and deliver the Origination Shares to the Holder, or its authorized designee.
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Origination Shares. As an investment incentive, the Company shall issue to the Holder 27,500 shares of its Common Stock (the “Additional Origination Shares”).
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Origination Shares. Section 1.3 of the SPA shall be amended and replaced in its entirety with the following:
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Origination Shares. On the Closing Date, the Company shall deliver the Origination Shares to the Buyer as set forth on the Issuance Schedule.
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Origination Shares. Upon the Effective Date of this Note, and as an investment incentive, the Company agrees it shall issue to Holder shares of its Common Stock, which shall be issued in two tranches according to the following schedule: (i) 10,000 shares of Common Stock shall be issued and delivered to the Holder within 3 Trading Days of the Effective Date (the “Initial Origination Shares”); and (ii) In the event the average of the 3 volume weighted average prices for the Company’s Common Stock, as quoted on the Principal Market, (the average of such lowest volume weighted prices being herein referred to as, the “True-up Price”) during the 3 consecutive Trading Days immediately preceding the date which is the 180th day following the Effective Date (the “True-up Pricing Period”) is less than $1.00 per share, then the Holder shall be entitled, and the Company shall issue to the Holder, additional shares of the Company’s Common Stock (the “True-up Shares”, and, together with the Initial Origination Shares, the “Origination Shares”) equal to the quotient obtained by dividing [(B-A)*(X)] by (A): (A) = the True Up Price (B) = $1.00
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Origination Shares. The Company shall deliver the Origination Shares to the Purchaser as follows: 2.2.1 Within five (5) trading days after the effective date of this Agreement, the Company shall cause to be delivered from a third party, non-affialite stockholder of the Company such number of Origination Shares as equals $150,000 divided by the closing trade price of the Company’s common stock on the day prior to delivery of the Origination Shares.
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Related to Origination Shares

  • Acquired Shares Any Shares or other voting securities of the Bank with respect to which beneficial ownership is acquired by Shareholder or its affiliates, including, without limitation, by purchase, as a result of a stock dividend, stock split, recapitalization, combination, reclassification, exchange or change of such Shares or upon exercise or conversion of any securities of the Bank, if any, after the date hereof shall automatically become subject to the terms of this Agreement.

  • Purchased Shares Subject to the terms and conditions provided below, Seller shall sell and transfer to Buyers and Buyers shall purchase from Seller, on the Closing Date (as defined in Section 1(c)), all of the Shares.

  • Exchange Shares The Exchange Shares have been duly and validly authorized by all necessary action, and, when issued and delivered pursuant to this Agreement, such Exchange Shares will be duly and validly issued and fully paid and nonassessable, will not be issued in violation of any preemptive rights, and will not subject the holder thereof to personal liability.

  • Consideration Shares All Consideration Shares will, when issued in accordance with the terms of the Arrangement, be duly authorized, validly issued, fully paid and non-assessable Purchaser Shares.

  • Purchase Shares Subject to the terms and conditions hereinafter set forth herein, the Holder is entitled, upon surrender of this Warrant at the principal office of the Company (or at such other place as the Company shall notify the holder hereof in writing), to purchase from the Company up to ( ) fully paid and nonassessable shares of Common Stock, par value $0.0001, of the Company, as constituted on the Warrant Issue Date (the “Common Stock”). The number of shares of Common Stock issuable pursuant to this Section 1 (the “Shares”) shall be subject to adjustment pursuant to Section 9 hereof.

  • Buyer Shares Each Buyer Share issued and outstanding at and as of the Effective Time will remain issued and outstanding.

  • The Shares The Shares to be issued and sold by the Company hereunder have been duly authorized by the Company and, when issued and delivered and paid for as provided herein, will be duly and validly issued, will be fully paid and nonassessable and will conform to the descriptions thereof in the Registration Statement, the Pricing Disclosure Package and the Prospectus; and the issuance of the Shares is not subject to any preemptive or similar rights.

  • Conversion Shares The Company has authorized and has reserved and covenants to continue to reserve, free of preemptive rights and other similar contractual rights of stockholders, a number of shares of Common Stock equal to one hundred fifty percent (150%) of the number of shares of Common Stock as shall from time to time be sufficient to effect the conversion of all of the Preferred Shares and exercise of the Warrants then outstanding. Any shares of Common Stock issuable upon conversion of the Preferred Shares and exercise of the Warrants (and such shares when issued) are herein referred to as the “Conversion Shares” and the “Warrant Shares”, respectively. The Preferred Shares, the Conversion Shares and the Warrant Shares are sometimes collectively referred to as the “Shares”.

  • Parent Shares All outstanding Parent Shares, and all Parent Shares, which may be issued pursuant to this Agreement shall when issued in accordance with this Agreement be, duly authorized, validly issued, fully paid and nonassessable and not subject to preemptive rights.

  • Commission Shares other than Omnibus Shares (a) Commission Shares that are not Omnibus Shares (“Non-Omnibus Commission Shares”) attributed to the Distributor shall be those Non-Omnibus Commission Shares (i) the Date of Original Issuance of which occurred on or after the Inception Date of the applicable Fund and on or prior to the date the Distributor ceased to be exclusive distributor of Class C shares of the Fund and (ii) that are subject to a CDSC (without regard to any conditions for waivers thereof). (b) Non-Omnibus Commission Shares attributable to each Successor Distributor shall be those Non-Omnibus Commission Shares (i) the Date of Original Issuance of which occurs after the date such Successor Distributor became the exclusive distributor of Class C shares of the Fund and on or prior to the date such Successor Distributor ceased to be the exclusive distributor of Class C shares of the Fund and (ii) that are subject to a CDSC (without regard to any conditions for waivers thereof).

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