The Exchange of Shares Sample Clauses

The Exchange of Shares. On the terms and subject to the conditions set forth in this Agreement, (i) the Sellers hereby sell, convey, transfer and assign to ICGL, free and clear of all liens, pledges, encumbrances, charges, restrictions or known claims of any kind, nature or description, and ICGL hereby purchases and accepts from the Sellers, the Sellers Shares, and (ii) in exchange for the transfer of such securities by the Sellers, ICGL hereby sells, conveys, transfers and assigns to the Sellers, and the Sellers hereby purchase and accept from ICGL, five hundred million (500,000,000) newly-issued shares of ICGL Stock (the “ICGL Stock”) (such exchange referred to herein as the “Exchange”). The individual Sellers hereby sell to ICGL the amounts of Sellers Shares and do hereby receive the amount of ICGL Stock as set forth next to each Seller’s name on Exhibit A hereto. Upon completion of the Exchange, ICGL will hold 100% of the issued and outstanding shares of IPTGL.
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The Exchange of Shares. On the Closing Date, the Stockholders agree to deliver or cause to be delivered to WSRI all of the issued and outstanding shares of NEXL Stock (the "NEXL Exchange Shares"). In exchange for the NEXL Exchange Shares, WSRI shall issue to the Stockholders 29,500,000 shares of common stock of WSRI Stock (the "WSRI Exchange Shares") as follows: BH Investor Group LLC 12,611,250 Xxxxx Xxxxxxxxx 5,044,500 Fast-Access Group LLC 5,044,500 Broadband Investor Group LLC 2,802,500 High-Speed Venture LLC 2,522,250 Kluger, Peretz, Xxxxxx & Berlin, P.A., 1,475,000 ---------- Total 29,500,000
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The Exchange of Shares. On the Closing Date, the Stockholder agrees to deliver or cause to be delivered to LCM all of the issued and outstanding shares of XXX Stock (the "XXX Exchange Shares"). In exchange for the XXX Exchange Shares, LCM shall issue to the Stockholders 25,000,000 shares of common stock of LCM Stock (the "LCM Exchange Shares") as follows: Xxxxx Harlingen and or nominees 25,000,000 Total 25,000,000
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The Exchange of Shares. On the Closing Date, the Stockholders agree to deliver or cause to be delivered to IMMC all of the issued and outstanding shares of YPRI Stock (the " YPRI Exchange Shares"). In exchange for the YPRI Exchange Shares, IMMC shall issue to the Stockholders 6,000,000 shares of common stock of IMMC Stock (the "IMMC Exchange Shares") as follows: Mixx XxXxxxx 1,710,000 Doxxxx X. Xxxxxxx 870,000 Shxxxxx 0. Dexxxxx 450,000 Elxx X. Xxxxxxx 435,000 Roxxxx X. Xxxxxxx 855,000 Paxx Xxxxxxx 60,000 Elxxxx Xxxxxxx 60,000 Suxxxxx Xxxxxx 60,000 Wixxxxx X. Xxxxx 750,000 Maxxxxx X. Xxxxxxxx 150,000 Dexxxxx Xreditor Trust 600,000
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The Exchange of Shares. On the Closing Date and pursuant to the Merger, all of the issued and outstanding shares of ISNI Stock (the "ISNI Exchange Shares") shall be converted into and exchanged for a total of 24,000,000 shares of Hawkeye Common Stock (the "Hawkeye Exchange Shares") as follows: List of the current shareholders of ISNI, and How Many shares each of them receives.
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The Exchange of Shares. On the Closing Date, RESI shall deliver duly issued stock certificates representing the EAI Shares to MDI, which certificates shall be delivered free and clear of all liens, security interests, and restrictions. The EAI Shares shall be duly and validly issued and fully paid and non-assessable. Simultaneously with the delivery of the EAI Shares, MDI will issue and deliver to RESI stock certificates representing the MDI Shares, which certificates shall be delivered free and clear of all liens, security interests, and restrictions (other than the standard Securities Act legend which will appear on all such certificates). The MDI Shares shall be duly and validly issued and fully paid and non-assessable.
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The Exchange of Shares. It is the desire of the Shareholders and of the Board of Directors of the Company that the Shareholders and the Company enter into an exchange of shares (the "Exchange") in which the Shareholders shall transfer to the Company an aggregate of 1,175,000 of the Control Shares (the "Exchange Shares") in exchange for the Company's transfer to them on a ratable basis of all the GRDC Shares. On the effective date of the Exchange, the following shall occur:
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The Exchange of Shares 
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Related to The Exchange of Shares

  • Exchange of Shares (a) As soon as practicable after the Effective Time, and in no event more than three business days thereafter, the Exchange Agent shall mail to each holder of record of a Certificate or Certificates who theretofore has not submitted such holder’s Certificate or Certificates with a properly completed Election Form, a form letter of transmittal (which shall specify that delivery shall be effected, and risk of loss and title to the Certificates shall pass, only upon delivery of the Certificates to the Exchange Agent) and instructions for use in effecting the surrender of the Certificates in exchange for the Merger Consideration. The Company shall have the right to review both the letter of transmittal and the instructions prior to the Effective Time and provide reasonable comments thereon. After completion of the allocation procedure set forth in Section 1.5 and upon surrender of a Certificate or Certificates for exchange and cancellation to the Exchange Agent, together with a properly executed letter of transmittal or Election Form, as the case may be, the holder of such Certificate or Certificates shall be entitled to receive in exchange therefor (x) a certificate representing that number of whole shares of Parent Common Stock which such holder of Company Common Stock became entitled to receive pursuant to the provisions of Article I hereof and/or (y) a check representing the aggregate Per Share Cash Consideration and/or the amount of cash in lieu of fractional shares, if any, which such holder has the right to receive in respect of the Certificate or Certificates surrendered pursuant to the provisions of Article I, and the Certificate or Certificates so surrendered shall forthwith be cancelled. No interest will be paid or accrued on the Per Share Cash Consideration, the cash in lieu of fractional shares or the unpaid dividends and distributions, if any, payable to holders of Certificates.

  • Exchange of Stock On the basis of the representations, warranties, covenants and agreements set forth herein, at the Closing (as defined in Section 1.3 below) Purchaser will purchase from Stockholder, and Stockholder will sell, convey and assign to Purchaser all of the Company Stock.

  • Conversion and Exchange of Shares (a) At the Effective Time, by virtue of the Merger and without any further action on the part of Purchaser, Parent, the Company or any stockholder of the Company:

  • Sale of Shares The Issuer grants to Distributors the right to sell shares on behalf of the Issuer during the term of this Agreement and subject to the registration requirements of the Securities Act of 1933, as amended ("1933 Act"), and of the laws governing the sale of securities in the various states ("Blue Sky Laws") under the following terms and conditions: Distributors (i) shall have the right to sell, as agent on behalf of the Issuer, shares authorized for issue and registered under the 1933 Act, and (ii) may sell shares under offers of exchange, if available, between and among the funds advised by Fidelity Management & Research Company ("FMR") or any of its affiliates.

  • Exchange of Warrants Upon the surrender by the Registered Holder, properly endorsed, to the Company at the principal office of the Company, the Company will, subject to the provisions of Section 4 hereof, issue and deliver to or upon the order of such Holder, at the Company's expense, a new Warrant or Warrants of like tenor, in the name of the Registered Holder or as the Registered Holder (upon payment by the Registered Holder of any applicable transfer taxes) may direct, calling in the aggregate on the face or faces thereof for the number of shares of Common Stock (or other securities, cash and/or property) then issuable upon exercise of this Warrant.

  • Resale of Shares Holder and the Company acknowledge that as of the date hereof the Staff of the Division of Corporation Finance of the SEC has published Compliance & Disclosure Interpretation 528.04 in the Securities Act Rules section thereof, stating that the holder of securities issued in connection with a public offering may not rely upon Rule 144 promulgated under the Act to establish an exemption from registration requirements under Section 4(a)(1) under the Act, but may nonetheless apply Rule 144 constructively for the resale of such shares in the following manner: (a) provided that six months has elapsed since the last sale under the registration statement, an underwriter or finder may resell the securities in accordance with the provisions of Rule 144(c), (e), and (f), except for the notice requirement; (b) a purchaser of the shares from an underwriter receives restricted securities unless the sale is made with an appropriate, current prospectus, or unless the sale is made pursuant to the conditions contained in (a) above; (c) a purchaser of the shares from an underwriter who receives restricted securities may include the underwriter’s holding period, provided that the underwriter or finder is not an affiliate of the issuer; and (d) if an underwriter transfers the shares to its employees, the employees may tack the firm’s holding period for purposes of Rule 144(d), but they must aggregate sales of the distributed shares with those of other employees, as well as those of the underwriter or finder, for a six-month period from the date of the transfer to the employees. Holder and the Company also acknowledge that the Staff of the Division of Corporation Finance of the SEC has advised in various no-action letters that the holding period associated with securities issued without registration to a service provider commences upon the completion of the services, which the Company agrees and acknowledges shall be the final closing of the Offering, and that Rule 144(d)(3)(ii) provides that securities acquired from the issuer solely in exchange for other securities of the same issuer shall be deemed to have been acquired at the same time as the securities surrendered for conversion (which the Company agrees is the date of the initial issuance of this Purchase Warrant). In the event that following a reasonably-timed written request by Hxxxxx to transfer the Shares in accordance with Compliance & Disclosure Interpretation 528.04 counsel for the Company in good faith concludes that Compliance & Disclosure Interpretation 528.04 no longer may be relied upon as a result of changes in applicable laws, regulations, or interpretations of the SEC Division of Corporation Finance, or as a result of judicial interpretations not known by the Company or its counsel on the date hereof, then the Company shall promptly, and in any event within five (5) business days following the request, provide written notice to Holder of such determination. As a condition to giving such notice, the parties shall negotiate in good faith a single demand registration right pursuant to an agreement in customary form reasonably acceptable to the parties; provided that notwithstanding anything to the contrary, the obligations of the Company pursuant to this Section 2 shall terminate on the fifth anniversary of the Effective Date. In the absence of such conclusion by counsel for the Company, the Company shall, upon such a request of Holder given no earlier than six months after the final closing of the Offering, instruct its transfer agent to permit the transfer of such shares in accordance with Compliance & Disclosure Interpretation 528.04, provided that Holder has provided such documentation as shall be reasonably be requested by the Company to establish compliance with the conditions of Compliance & Disclosure Interpretation 528.04. Notwithstanding anything to the contrary, pursuant to FINRA Rule 5110(g)(8)(B)-(D), the Holder shall not be entitled to more than one demand registration right hereunder and the duration of the registration rights hereunder shall not exceed five years from the Effective Date.

  • Registration of Transfer or Exchange of Shares Except as provided in this Section 4.2, the shares of each series of AMPS shall be registered solely in the name of the Securities Depository or its nominee. If the Securities Depository shall give notice of its intention to resign as such, and if the Company shall not have selected a substitute Securities Depository acceptable to the Paying Agent prior to such resignation, then upon such resignation, the shares of each series of AMPS, at the Company's request, may be registered for transfer or exchange, and new certificates thereupon shall be issued in the name of the designated transferee or transferees, upon surrender of the old certificate in form deemed by the Paying Agent properly endorsed for transfer with (a) all necessary endorsers' signatures guaranteed in such manner and form as the Paying Agent may require by a guarantor reasonably believed by the Paying Agent to be responsible, (b) such assurances as the Paying Agent shall deem necessary or appropriate to evidence the genuineness and effectiveness of each necessary endorsement and (c) satisfactory evidence of compliance with all applicable laws relating to the collection of taxes in connection with any registration of transfer or exchange or funds necessary for the payment of such taxes. If the certificate or certificates for shares of AMPS are not held by the Securities Depository or its nominee, payments upon transfer of shares in an Auction shall be made in Federal Funds or similar same-day funds to the Auction Agent against delivery of certificates therefor.

  • Exchange of Common Shares for Rights The Board of Directors of the Company may, at its option, at any time after the occurrence of a Trigger Event, exchange Common Shares for all or part of the then outstanding and exercisable Rights (which shall not include Rights that have become void pursuant to the provisions of Section 11.1.2) by exchanging at an exchange ratio of that number of Common Shares having an aggregate value equal to the Spread (with such value being based on the current per share market price (as determined pursuant to Section 11.4) on the date of the occurrence of a Trigger Event) per Right, appropriately adjusted to reflect any stock split, stock dividend or similar transaction occurring after the date hereof (such amount per Right being hereinafter referred to as the "Exchange Consideration"). Notwithstanding the foregoing, the Board of Directors shall not be empowered to effect such exchange at any time after any Acquiring Person shall have become the Beneficial Owner of 50% or more of the Common Shares then outstanding. From and after the occurrence of an event specified in Section 13.1, any Rights that theretofore have not been exchanged pursuant to this Section 27.1 shall thereafter be exercisable only in accordance with Section 13 and may not be exchanged pursuant to this Section 27.1. The exchange of the Rights by the Board of Directors may be made effective at such time, on such basis and with such conditions as the Board of Directors in its sole discretion may establish.

  • Reclassification of Shares If the Company at any time shall, by combination, reclassification, exchange or subdivision of securities or otherwise, change any of the securities as to which purchase rights under this Warrant Agreement exist into the same or a different number of securities of any other class or classes, this Warrant Agreement shall thereafter represent the right to acquire such number and kind of securities as would have been issuable as the result of such change with respect to the securities which were subject to the purchase rights under this Warrant Agreement immediately prior to such combination, reclassification, exchange, subdivision or other change.

  • Exchange of Warrant This Warrant is exchangeable, upon the surrender hereof by the Holder at the office or agency of the Company referred to in Section 16, for one or more new Warrants of like tenor representing in the aggregate the right to subscribe for and purchase the number of shares of Common Stock which may be subscribed for and purchased hereunder, each of such new Warrants to represent the right to subscribe for and purchase such number of shares as shall be designated by the Holder at the time of such surrender.

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