Examples of BCA Closing in a sentence
The Company and Priveterra acknowledge and agree that the Settlement Shares issued at the Settlement of the Notes shall be considered “Registrable Securities” under the Amended and Restated Registration Rights Agreement to be entered into by the Company, Priveterra and the “Holders” as defined therein upon the BCA Closing.
Subscriber agrees that it will take all steps necessary to become a party to the Amended and Restated Registration Rights Agreement at the BCA Closing.
Except for customary transfer restrictions contained in agreements entered into by the Company to sell restricted securities or as set forth in the Commission Documents, the Company is not a party to, and it has no Knowledge of, any agreement restricting the voting or transfer of any shares of the capital stock of the Company after the BCA Closing.
Any Note Closing pursuant to a Pre-Funding Election pursuant to Section 2(b) is referred to as a “Pre-Funded Note Closing” and a Note Closing occurring automatically on the BCA Closing Date pursuant to Section 2(c) is referred to as an “Automatic Note Closing”.
The issuance of Notes contemplated hereby (each, a “Note Closing”) shall occur on such date or dates as determined by Subscriber as described in Section 2(b) or on the BCA Closing Date in accordance with Section 2(c) (each such date, a “Note Closing Date”).
In the event that Subscriber does not deliver a Pre-Funding Notice prior to the Pre-Funding Cutoff Date, the purchase of the Notes will occur automatically, immediately prior to the Settlement (which Settlement shall occur immediately prior to the BCA Closing), in accordance with Section 2(c).
Notwithstanding the foregoing, the parties hereto agree that certain payments in respect of intercompany payables arising in connection with the AMP Transfer will be made following the BCA Closing Date or, if applicable, at such other times contemplated by the Steps Plan.
Pxxxxxxxxx agrees that, immediately prior to the BCA Closing, pursuant to the terms of the Notes, it shall issue to the Subscriber, a number of Settlement Shares, equal to the (i) sum of (A) aggregate principal amount of all Subscribed Notes plus (B) in the case of any Subscribed Notes purchased pursuant to a Pre-Funding Election, all accrued and unpaid interest thereon, pursuant to the terms of the Subscribed Notes, divided by (B) $7.00 (the “Settlement”).
Unless BCA Closing occurs simultaneously with the Closing, the Purchaser shall have sufficient cash to pay the Transfer Price at the Closing.
Xxxxxx, Xxxxx Xxxxxxx E-mail: xxxxxxx.xxxxxx@xxxx.xxx; xxxxx.xxxxxxx@xxxx.xxx or (2) if following BCA Closing to: Xxxxx Xxxx & Xxxxxxxx LLP 0000 Xx Xxxxxx Xxxx Xxx.