Examples of Amended XXX in a sentence
The Company shall use the proceeds of the sale of the Purchase Shares pursuant to this Agreement for market expansion, working capital or other general corporate purposes, subject to any required approval by the Board and Shareholders in accordance with the Amended Articles and the Amended XXX.
Subject to Section 3 of the Amended XXX, as amended from time to time, and the provisions of these Articles (including but not limited to Article 6A), shares are transferable, and the Company will only register transfers of shares that are made in accordance with the Amended XXX and will not register transfers of shares that are not made in accordance with the Amended XXX.
Except as provided in the Amended XXX, no member of the Company Group has granted or agreed to grant any Person any registration rights (including piggyback registration rights) with respect to any of their securities.
Between the date of this Agreement and Closing, each member of the Company Group shall carry on its business, as carried on as at the date of this Agreement, in the normal course and shall not do anything which would require the consent or approval of the Investors or a Series E Director under the Amended XXX (assuming the Amended XXX had already been executed).
As of the Closing, the Company shall have authorized the issuance, pursuant to the terms and subject to the conditions of this Agreement of 4,545,455 Series E Preferred Shares, each having the rights, preferences, privileges and restrictions as set forth in the Amended Articles and the Amended XXX.
As of the Closing, the Company shall have authorized the issuance, pursuant to the terms and subject to the conditions of this Agreement of, (i) up to 10,000,000 Series D Preferred Shares, each having the rights, preferences, privileges and restrictions as set forth in the Amended Articles and the Amended XXX, (ii) the Warrants, and (iii) up to 3,000,000 Common Shares issuable upon exercise of the Warrants.
Without limiting the applicability of any other provisions of the Transaction Documents, the Investor undertakes that it shall not transfer, sell, assign, pledge, hypothecate, or otherwise encumber or dispose of any shares of the Company that it holds within one year after the Closing Date except for the sale of any such shares to the Company or any holder of Preferred Shares that complies with all applicable provisions in the Amended XXX and Amended Articles.
Without the approval of the Board of Directors, the Investor shall not, within one (1) year after the Closing Date, purchase or offer to purchase any shares of the Company (except upon the exercise of (x) the Warrants or (y) its right of first refusal in accordance with Section 3.7 of the Amended XXX) that would result in the Investor holding 20% or more of the Company’s total shares then issued and outstanding.
The Company shall use the proceeds of the sale of the Purchase Shares pursuant to this Agreement to increase its fleet size, fund capital expenditures and potential acquisitions or for other general corporate purposes, subject to any required approval by the Board and Shareholders in accordance with the Amended Articles and the Amended XXX.
Between the date of this Agreement and Closing, each member of the Company Group shall carry on its business, as carried on as at the date of this Agreement, in the normal course and shall not do anything which would require the consent or approval of the Investors or a Series E Director under the Amended XXX.