Examples of Acquired Shares in a sentence
Upon the Closing, the Issuer shall provide instructions to the Escrow Agent to release the funds in the Escrow Account to the Issuer against the issuance of and delivery to Subscriber of the Acquired Shares, free and clear of any liens or other restrictions whatsoever (other than those arising under state or federal securities laws or those incurred by Subscriber), in book-entry form as set forth in Section 2(b) below.
Except for the Voting and Support Agreements and as set forth in Section 5.2(g) of Seller’s Disclosure Schedule, there are no voting trusts, shareholder agreements, commitments, undertakings, understandings, proxies, or other restrictions to which the Company is a party that, directly or indirectly, restrict or limit in any manner, or otherwise relate to, the voting, sale, or other disposition of the Acquired Shares.
Please indicate name and capacity of person signing above) Name in which securities are to be registered (if different): Email Address: _______________ Subscriber’s EIN: _______________ Address: Attn: _______________ Telephone No.: _______________ Facsimile No.: _______________ Aggregate Number of Acquired Shares subscribed for: Aggregate Purchase Price: $[_________].
Subject to the terms and conditions hereof, Subscriber hereby agrees to subscribe for and purchase, and the Issuer hereby agrees to issue and sell to Subscriber, upon the payment of the Purchase Price, the Acquired Shares (such subscription and issuance, the “Subscription”).
The Acquired Shares were duly authorized and validly issued, are fully paid and non-assessable, and have been offered, issued, sold, and delivered in compliance with all applicable Laws.