Additional Investor Equity Placement Fee Shares definition

Additional Investor Equity Placement Fee Shares means such number of shares of Common Stock, being equal to 10% of the Additional Investor Subscription Shares, rounded to the nearest whole number.
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Examples of Additional Investor Equity Placement Fee Shares in a sentence

  • The Company’s obligations to sell and issue the Additional Investor Subscription Shares and the Additional Investor Equity Placement Fee Shares at the Additional Closing are subject to the fulfilment or (to the extent permitted by any Requirement of Law) written waiver by the Company and Ascend, on or prior to the Additional Closing Date, of the condition in Section 4(c).

  • In consideration for and subject to the Investor’s purchase of the Additional Investor Subscription Shares in accordance with the terms and conditions of this Agreement, the Company shall pay an equity placement fee to the Investor by way of the issuance of the Additional Investor Equity Placement Fee Shares to the Investor upon Additional Closing.

  • The closing of the sale and purchase of the Additional Investor Subscription Shares and the issuance of the Additional Investor Equity Placement Fee Shares (the “Additional Closing”) shall occur on the tenth Business Day after the Stockholder Approvals have been obtained.

  • The closing of the sale and purchase of the Additional Investor Subscription Shares and the Additional Ascend Subscription Shares (if any) and the issuance of the Additional Investor Equity Placement Fee Shares and the Additional Ascend Equity Placement Fee Shares (if any) (the “Additional Closing”) shall occur on the tenth Business Day after the Stockholder Approvals have been obtained.

Related to Additional Investor Equity Placement Fee Shares

  • VWAP Purchase Share Percentage means, with respect to any particular VWAP Purchase Notice pursuant to Section 1(c) hereof, the percentage set forth in the VWAP Purchase Notice which the Buyer will be required to buy as a specified percentage of the aggregate shares traded on the Principal Market during normal trading hours up to the VWAP Purchase Share Volume Maximum on the VWAP Purchase Date subject to Section 1(c) hereof but in no event shall this percentage exceed thirty percent (30%) of such VWAP Purchase Date’s share trading volume of the Common Stock on the Principal Market during normal trading hours.

  • Commitment Shares shall have the meaning set forth in Section 12.04.

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

  • Forward Purchase Shares shall have the meaning given in the Recitals hereto.

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Qualifying Warrants means net share settled warrants to purchase Common Stock that have an exercise price greater than the current Market Value of the issuer’s Common Stock as of their date of issuance, that do not entitle the issuer to redeem for cash and the holders of such warrants are not entitled to require the issuer to repurchase for cash in any circumstance.

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

  • SPAC Warrants means SPAC Private Warrants and SPAC Public Warrants, collectively.

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Placement Units shall have the meaning given in the Recitals hereto.

  • Additional Accelerated Purchase Share Percentage means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, thirty percent (30%).

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

  • Lock-Up Securities has the meaning set out in Section 5(l).

  • Initial Optional Purchase Date The first Distribution Date following the date on which the Aggregate Loan Balance is less than 10.00% of the Cut-off Date Balance.

  • Private Placement Shares shall have the meaning given in the Recitals hereto.

  • CHESS Approved Securities means securities of the Company for which CHESS approval has been given in accordance with the ASX Settlement Operating Rules;

  • Accelerated Purchase Share Percentage means, with respect to an Accelerated Purchase made pursuant to Section 2(b) hereof, thirty percent (30%).

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Private Placement Units shall have the meaning given in the Recitals hereto.

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.

  • Initial Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Initial Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Issuance Notice Date means any Trading Day during the Agency Period that an Issuance Notice is delivered pursuant to Section 3(b)(i).

  • Additional Accelerated Purchase Share Amount means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, the number of Purchase Shares directed by the Company to be purchased by the Investor on an Additional Accelerated Purchase Notice, which number of Purchase Shares shall not exceed the lesser of (i) 300% of the number of Purchase Shares directed by the Company to be purchased by the Investor pursuant to the corresponding Regular Purchase Notice for the corresponding Regular Purchase referred to in clause (i) of the second sentence of Section 2(c) hereof (subject to the Purchase Share limitations contained in Section 2(a) hereof) and (ii) an amount equal to (A) the Additional Accelerated Purchase Share Percentage multiplied by (B) the total number (or volume) of shares of Common Stock traded on the Principal Market during the period on the applicable Additional Accelerated Purchase Date beginning at the Additional Accelerated Purchase Commencement Time for such Additional Accelerated Purchase and ending at the Additional Accelerated Purchase Termination Time for such Additional Accelerated Purchase.

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • Purchase Shares has the meaning set forth in Section 2.2(a) hereof.