Aggregate Common Shares definition
Examples of Aggregate Common Shares in a sentence
The Company and the Commitment Parties shall use commercially reasonable efforts to take or cause to be taken all actions, and do or cause to be done all things, reasonably necessary, proper or advisable in order to cause the Reorganized Company Organizational Documents to reflect such number of Aggregate Common Shares.
Company shall deliver to Investor, on the Subscription Date, (x) a certificate in the name of Investor or its designee representing the Preferred Shares, (y) one or more certificates in the name of Investor or its designee representing the Aggregate Common Shares and (z) a opinion of counsel to Company in substantially the form of Exhibit B attached hereto.
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 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”).
Following the expiration of the Lock-Up Period, the Investor shall, subject to the restrictions set forth in the ▇▇▇ 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.