Examples of Amendment Shares in a sentence
As consideration for the Buyer entering into this Amendment, the Company shall to issue to the Buyer 360,000 shares of Common Stock (the “Amendment Shares” and together with the Initial Commitment Shares and the Additional Commitment Shares, the “Commitment Shares”) The Amendment Shares shall for all purposes under the Purchase Agreement and the Registration Rights Agreement be considered Commitments Shares.
In addition to any other remedies available to Lender, failure to timely issue the Amendment Shares to Lender will be an Event of Default.
The MIPA #2 Shares shall be held pending release of the Initial Amendment Shares as set forth in Section 2(b)(ii).
The Additional Amendment Shares shall be held until Buyer receives written notice from Sellers directing Buyer to release the Additional Amendment Shares.
Upon issuance in accordance with the DLA as amended, the Amendment Shares will be validly issued, fully-paid and nonassessable, and free from all preemptive rights.
E-nut represents and warrants to Skye that all corporate action on the part of e-nut, its officers, directors and stockholders necessary for the authorization, execution and delivery of this Amendment, including the issuance of the shares of Common Stock of e-nut (the "Amendment Shares") referred to in Section 1.6 of this Amendment (containing new Section 2.7 of the DLA) has been taken.
A portion of the Additional Amendment Shares shall be paid to each Seller in the amounts set forth on Schedule C attached hereto, which shall be fully executed and delivered to Buyer within ten (10) days following execution of this Amendment.
The holders of the Forward Purchase Shares, Forward Purchase Backstop Shares and Amendment Shares will be granted the same registration rights, including indemnification provisions, as those contained in the PIPE Subscription Agreement referred to in paragraph 7 above.
A portion of the Initial Amendment Shares shall be paid to each Seller in the amounts set forth on Schedule C attached hereto, which shall be fully executed and delivered to Buyer within ten (10) days following execution of this Amendment.
The Company shall cause its transfer agent to remove the restrictive transfer legend from the Amendment Shares promptly after the SEC has declared the New Registration Statement effective under the 1933 Securities Act.