Sale of the New Securities Sample Clauses
The "Sale of the New Securities" clause defines the terms and conditions under which newly issued securities of a company may be sold. It typically outlines the process for offering these securities to existing shareholders, such as through a rights offering or pre-emptive rights, and may specify timelines, pricing, and procedures for acceptance. This clause ensures that current investors have the opportunity to maintain their proportional ownership and prevents dilution of their interests when new shares are issued.
Sale of the New Securities. Upon the terms and subject to the conditions set forth in this Agreement, the Company shall duly issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, the New Securities.
Sale of the New Securities. Upon the terms and subject -------------------------- to the conditions set forth in this Agreement, the Company shall duly issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, the New Securities.