Examples of Additional Settlement Date in a sentence
The Shares will not, at the Settlement Date and each Additional Settlement Date, be issued in violation of, or subject to, any preemptive or participation rights, rights of first refusal or other similar rights and will be free from all taxes, liens and charges with respect to the issue thereof with the Holders being entitled to all rights accorded to a holder of Shares.
The Company shall, within one Business Day after each of the Closing Date, the Initial Settlement Date and the Additional Settlement Date, issue a press release or file a Current Report on Form 8-K reasonably acceptable to the Purchasers disclosing all material terms of the transactions contemplated hereby.
The Company shall have performed, satisfied and complied in all material respects with all covenants, agreements and conditions required by the Transaction Documents to be performed, satisfied or complied with by the Company between the Closing Date and the Additional Settlement Date.
On the Additional Settlement Date, the Company will deliver to Pine Ridge: (1) the Additional Debentures, registered in the name of Pine Ridge, in the aggregate principal amount of $3,000,000 and (2) the Third Warrant, registered in the name of Pine Ridge, pursuant to which Pine Ridge shall have the right to acquire the aggregate number of Underlying Shares indicated below its name on its signature page to this Agreement.
The number of shares of Preferred Stock to be issued in exchange for the Additional Exchanged Securities on each Additional Settlement Date shall be the aggregate principal amount of Additional Exchanged Securities to be exchanged on such date, as specified on the Notice of Exchange, plus shares of Preferred Stock for the accrued interest thereon to but excluding the Additional Settlement Date, divided by $100 (the “Additional Preferred Shares”).
Upon the consummation of an Additional Exchange, (i) each Holder shall be deemed for all corporate purposes to have become the legal, beneficial and record holder of the Additional Preferred Shares issued on the Additional Settlement Date; and (ii) the aggregate principal amount of the Additional Exchanged Securities exchanged on the Additional Settlment Date shall be deemed cancelled, and payment of the interest accrued but unpaid thereon shall be deemed satisfied.
The representations and warranties of the Company contained in this Agreement shall be true and correct as of the date when made and as of the Additional Settlement Date, as though made on and as of the Additional Settlement Date (other than representations and warranties which relate to a specific date (which shall not include representations and warranties relating to the "date hereof") which representations and warranties shall be true as of such specific date).
Moreover, the Board of Directors highlights that the Bidder has decided that, if it holds at least 95% of the Company’s Shares at the end of any Additional Acceptance Period, the Additional Acceptance Period linked to the reopening of the Bid as a Squeeze-out, which was initially foreseen to last 15 Business Days, will last 10 weeks, in order to allow all Shareholders to tender their Shares and to obtain more easily the payment of the Bid Price on the Additional Settlement Date of the Squeeze-out.
The Company has agreed to pay $25,000 on the Additional Settlement Date to Pine Ridge as reimbursement for its legal and other fees and expenses incurred in connection with the investigation and negotiation of the transaction and the preparation and negotiation of the Transaction Documents.
The indicator on water stress is built upon a variety of data, from statistical data on water withdrawals by companies, to measured flow data in rivers and streams, to meteorological data on precipitation (P) and evapotranspiration (ET).