Additional Closing Shares definition

Additional Closing Shares has the meaning set forth in Section 3.1(b).
Additional Closing Shares means Shares in number equal to (a) the Required Financing Amount divided by (b) the Additional Closing Purchase Price, rounded down to the nearest whole share.
Additional Closing Shares means the shares of Common Stock that may be issued to the members of the Sponsor at the Closing in accordance with the letter agreement by and among the Company and each of the members of the Sponsor, executed on the date hereof.

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.


More Definitions of Additional Closing Shares

Additional Closing Shares has the meaning specified in Section 2.09.
Additional Closing Shares has the meaning set forth in Section 1.1(c)(vi).

Related to Additional Closing Shares

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Additional Closing has the meaning set forth in Section 2.3.

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Additional Closing Date has the meaning set forth in Section 3.

  • Second Closing has the meaning set forth in Section 2.2.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Second Closing Date means the date of the Second Closing.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Series Closing Date means the date designated as such in the Series Term Sheet.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Acquisition Shares means each class of shares of beneficial interest of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • Original Closing Date means the "Closing Date" as defined in the Existing Credit Agreement.

  • Additional Shares shall have the meaning specified in Section 14.03(a).

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • Closing Stock Consideration means a number of shares of Parent Common Stock equal to (a) the Stock Consideration, minus (b) any shares of Parent Common Stock used to fund the SC Escrow Amount.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • IPO Closing Date means the closing date of the IPO.

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date