Examples of Bridge Investors in a sentence
Upon each Closing, Annex I shall be updated to reflect the participation of the Bridge Investors in such Closing.
This Agreement shall bind and inure to the benefit of the Company and the Bridge Investors and their respective successors and permitted assigns.
Anything contained herein to the contrary notwithstanding, the representations and warranties of the Company contained in this Agreement (a) are being given by the Company as an inducement to the Bridge Investors to enter into this Agreement and the other Transaction Documents (and the Company acknowledges that the Bridge Investors have expressly relied thereon) and (b) are solely for the benefit of the Bridge Investors.
As of each of the Closing Dates, Company shall have delivered a certificate to the foregoing effect for the benefit of the Bridge Investors participating in such Closing.
Assuming the accuracy of the representations and warranties of the Bridge Investors, the offer and sale of the Bridge Notes, Warrants and Common Stock issuable upon the exercise thereof by the Company to the Bridge Investors pursuant to this Agreement will be exempt from the registration requirements of the Securities Act.
Notwithstanding anything to the contrary contained herein, the amount of Warrant Shares required to be included in the initial registration statement as described in this Section 5.2 shall be equal to the lesser of (a) the amount of Warrant Shares that the Bridge Investors request to have so registered pursuant to this Section 8 and (b) the maximum amount of Warrant Shares which may be included in a registration statement without exceeding the Rule 415 Amount.
Neither the Bridge Investors nor the Company shall issue any press release or make any public disclosure regarding the transactions contemplated hereby unless such press release or public disclosure is approved by the Required Holders and those parties mentioned in such press release or public disclosure in advance.
Subject to the terms and conditions of this Agreement, on the Closing Date (as defined below), each of the Bridge Investors listed in Annex I shall severally, and not jointly, purchase, and the Company shall sell and issue to each of such Bridge Investors, the Closing Securities in the respective amounts set forth opposite each such Bridge Investor's name on Annex I in exchange for the purchase price set forth opposite each such Bridge Investor's name on Annex I.
The Company shall duly execute and deliver, or cause to be duly executed and delivered, at its own cost and expense, such further instruments and documents and to take all such action, in each case as may be necessary or proper in the reasonable judgment of the Bridge Investors to carry out the provisions and purposes of this Agreement and the other Transaction Documents.
Subject to applicable federal, state and provincial securities laws and regulations, the Bridge Investors may freely assign either this Agreement or any of their rights, interests, or obligations hereunder without the prior written approval of the other parties subject to the provisions set forth in the Bridge Notes and the Warrants.