Examples of Aggregate Common Shares in a sentence
In the event of the occurrence of any of the following: (i) any Change of Control of the Company or of Brooke Group Ltd.
The Investor shall not, until the date that is one (1) year after the Closing Date (the “Lock-up Period”), directly or indirectly, sell, assign, pledge, encumber, convert, exchange, hypothecate or otherwise dispose of or transfer (a “Transfer”) any Aggregate Common Shares.
The Aggregate Common Shares, Aggregate Series A Shares, Aggregate Series B Shares and Aggregate Series C Shares shall be adjusted to reflect fully the effect of any exercise, cancellation or repurchase of any Company Option or the exercise or cancellation of any Company Warrant occurring after the date hereof and prior to the Effective Time.
The transactions contemplated by this Section 1 are referred to in this Agreement as the “Transaction.” The parties agree that all of the Aggregate Common Shares shall (x) be deemed Registrable Securities for purposes of the registration rights agreement, dated as of February 16, 2016, by and between the Company and Investor and (y) count towards the Investor’s Ownership Threshold and the Investor’s Ownership Percentage, in each case, as defined in, and for all purposes under, the XXX.
The Holder Representative may resign at any time, and the Holder Representative may be removed by the vote of Persons which collectively owned more than fifty percent (50%) of the Aggregate Common Shares immediately prior to the Effective Time (or, in the case of a termination of this Agreement, as of such termination) (the “Majority Holders”).
Xxxxxx August 27, 1998 ------------------------------------ ---------------------------------------- Signature Date Number of Aggregate Common Shares Purchase Price 5,000 $ 70,500 ------------------------ ---------- Enclose check payable to: GCA LTD.
The Holder Representative may resign at any time, and the Holder Representative may be removed by the vote of Persons which collectively owned more than fifty percent (50%) of the Aggregate Common Shares and fifty percent (50%) of the Units immediately prior to the Effective Time (the “Majority Holders”).
Following the expiration of the Lock-Up Period, the Investor shall, subject to the restrictions set forth in the IXX and applicable law, be permitted to Transfer any and all of the Aggregate Common Shares and the restrictions set forth in this Section 8 will no longer be applicable to the Investor.
For purposes of the foregoing, the “Cash Per Common Share” shall mean (i) the Corp Merger Consideration divided by (ii) the Aggregate Common Shares.
Xxxxxxx August 27, 1998 ------------------------------------ ---------------------------------------- Signature Date -------------------------------------------------------------------------------- Number of Aggregate Common Shares Purchase Price 12,500 $176,250 ------------------------ ---------- Enclose check payable to: GCA LTD.