Borrower Common Stock definition

Borrower Common Stock means the common stock of the Borrower.

Borrower Common Stock shall have the meaning provided in Section 7.13.

Borrower Common Stock means the issued and outstanding common stock, par value $0.001 per share, of the Borrower.

Examples of Borrower Common Stock in a sentence

• On the Restatement Date, Borrower shall issue to the Lenders, on a pro rata basis among the Lenders, 660,000 shares of Borrower Common Stock.

• On May 1, 2023, Borrower shall issue to the Lenders, on a pro rata basis, 12,500 shares of Borrower Common Stock.

• The shares of Borrower Common Stock and Warrants are being and shall be acquired by Lender for its own account, for investment purposes (meaning to hold for an indefinite period) and without any intention to distribute or otherwise dispose of the same.

• On the Closing Date, Borrower shall issue to the Lenders, on a pro rata basis, 150,000 shares of Borrower Common Stock (25,000 shares following the 6:1 reverse stock split in April 2023).

• On the Third Amendment Date, Borrower shall issue to the Lenders, on a pro rata basis among the Lenders, 400,000 shares of Borrower Common Stock.

More Definitions of Borrower Common Stock

Borrower Common Stock means any class of outstanding common stock of the Borrower after the Recapitalization.

Borrower Common Stock means the common stock $0.01 par value per share of Borrower, together with the associated preferred share purchase rights.

Borrower Common Stock means any class of outstanding common stock of the Borrower after the Transaction.

Borrower Common Stock means the approximately 94.8 million shares of common stock, par value of $1.50 per share, of Borrower currently outstanding.

Borrower Common Stock shall have the meaning provided in Section 5.20.

Borrower Common Stock means the common Capital Stock of the Borrower.

Borrower Common Stock is defined in the Recitals.