Examples of Additional Closing Shares in a sentence
The Company and the Purchasers shall agree, prior to the Closing, on a form of letter of instruction to be delivered to the Company's transfer agent regarding the issuance of the Securities (which shall include, among other matters, irrevocable instructions to issue certificates upon conversion of the Series A Closing Shares, the Series A-1 Purchased Shares, the Additional Closing Shares and the Series A-1 Conversion Shares).
Purchaser (i) is acquiring the Series A Closing Shares, the Series A-1 Purchased Shares, the Additional Closing Shares (if any) and the Warrants, (ii) upon conversion of the Series A Closing Shares and the Additional Closing Shares (if any), will acquire the Conversion Stock then issuable upon conversion thereof.
The Purchasers and the Company shall, prior to the each of the Closing and the Additional Closing, if any, agree in writing on how to allocate the aggregate purchase price paid at such Closing and Additional Closing among the Series A Closing Shares, the Additional Closing Shares, the Series A-1 Purchased Shares and the Warrants, as applicable.
The Purchasers or the Additional Closing Purchasers, as applicable, shall have delivered to the Company: (i) with respect to the Closing, the aggregate Purchase Price Per Share for the Series A Closing Shares and Series A-1 Purchased Shares purchased at the Closing, and (ii) with respect to the Additional Closing, the aggregate Purchase Price Per Share for the Additional Closing Shares purchased at the Additional Closing.
In this case, civil society integration would be stimulated to no lesser degree than in other international UN organization, which implies creating favourable conditions to non-for-profit members.
The Company's obligation to issue, sell and deliver the Additional Closing Shares and the Additional Closing Warrants at the Additional Closing is subject to the fulfillment at or prior to the Additional Closing of the following conditions (in addition to the conditions set forth in Section 5.1 above), any of which may be waived in whole or in part by the Company at any time in its sole discretion by providing the Additional Closing Purchasers with written notice thereof.
The Additional Closing Shares and the Commitment Share were issued outside of the 5,000,000 merger consideration so that the original shareholders of NewGenIvf would not have the number of shares they received at closing of the Business Combination reduced.
The closings of the sale to and purchase of the Additional Closing Shares shall take place at the offices of the Company, or such other mutually agreeable location as the parties may deem appropriate, on or before November 30, 2010, if and when OBA exercises its option to purchase all or some of the Additional Closing Shares (the “Additional Closings”).
Subject to the terms and conditions hereof, the Company will issue and sell to the Investor, and the Investor will purchase from the Company, at the Initial Closing (as defined below), 351 Series B Preferred Shares (the “Initial Closing Shares” and together with the Additional Closing Shares, as defined below, the “Shares”) at a price per share of $50,100 (the “Per Share Purchase Price”).
The Basic Closing Shares, the Additional Closing Shares, the Rancho Makeup Shares and the Net Rancho Shares, when issued and delivered in accordance with the terms of this Agreement, will constitute duly authorized, validly issued and outstanding, fully paid and non-assessable shares of the Common Stock of Summit.