Bridge Securities definition

Bridge Securities. (a) The shares of Bridge Preferred Stock, (b) ----------------- the shares of Common Stock and Mezzanine PreferredStock issued or issuable upon conversion of the Bridge Preferred Stock, and (c) any securities issued or issuable with respect to either (a) or (b) by way of a stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or reorganization.

Bridge Securities means the Issuer's Senior Convertible Floating Rate Bridge Notes substantially in the form set forth in Exhibit A hereto.

Bridge Securities. Upon the closing of the PUBLIC OFFERING, the COMPANY shall deliver to each PURCHASER, BRIDGE EQUITY UNITS consisting of securities identical in form to the securities offered for sale in the PUBLIC OFFERING ("PRIMARY BRIDGE EQUITY UNITS"), except that the certificates for the PRIMARY BRIDGE EQUITY UNITS may bear restrictive legends. Each PURCHASER shall receive the number of PRIMARY BRIDGE EQUITY UNITS equal to the principal of such PURCHASER'S BRIDGE NOTE(S) divided by the public offering price of the securities comprising the PRIMARY BRIDGE EQUITY UNIT. The securities issued to PURCHASERS shall have the same CUSIP numbers as the corresponding securities in the PUBLIC OFFERING. If a PUBLIC OFFERING shall not have occurred prior to six months from the FIRST CLOSING, then on the first business day following the end of such six month period the COMPANY shall issue to the PURCHASER alternate BRIDGE EQUITY UNITS ("ALTERNATE BRIDGE EQUITY UNITS") consisting of that number of shares of common stock of the COMPANY as shall equal the principal amount of the BRIDGE NOTE(S) divided by $3.00 plus an equal number of non-callable warrants exercisable at $3.00 per share for a period of five years from such issuance, and which shall have a cashless exercise feature at any time after one year from the FIRST CLOSING that the underlying shares of common stock are not covered by an effective registration statement with a current prospectus available. The number of ALTERNATE BRIDGE EQUITY UNITS shall be adjusted, pro rata, on account of any stock splits, reverse stock splits, stock dividends paid on common stock, etc. which occur after the date of issuance of the BRIDGE NOTE(S) and prior to the issuance of the ALTERNATE BRIDGE EQUITY UNITS. PRIMARY BRIDGE EQUITY UNITS and Alternate BRIDGE EQUITY UNITS are sometimes referred to herein as "BRIDGE EQUITY UNITS." The PURCHASERS shall have the right for a period of one year and one month from the issuance of the ALTERNATE BRIDGE EQUITY UNITS to exchange them for PRIMARY BRIDGE EQUITY UNITS of an equivalent worth issued in a public offering of the COMPANY such that the PURCHASERS will own the same securities as if the public offering had closed on or prior to the six month anniversary of the FIRST CLOSING.

Examples of Bridge Securities in a sentence

• Bozhou Gujing Waste Reclamation Co., Ltd (hereinafter referred to as Waste Reclamation Company),which is the holding subsidiary of Bozhou Gujing Glass Company Limited, the subsidiary of the Company, utilized its own fund to purchase national debit via the sales department subordinate to Capital Bridge Securities Company Limited (hereinafter referred to as capital Bridge Securities).

• For all other feedback/ complaints not in scope of the FA (CHR) Regulations, Long Bridge Securities also takes them seriously and will always do our best to ensure that you receive the best service possible.

• The words “we”, “us”, “our” or any of their derivatives in this Customer Agreement refer to Long Bridge Securities Pte.

• You hereby agree to waive and relinquish in favour of Long Bridge Securities any and all entitlement to interestaccruing to any of your moneys, Capital Markets Products or other property in such Accounts.

• Therefore, in January, 2005, the Waste Reclamation Company lodged a complaint to Bozhou Intermediate People’s Court, requesting Capital Bridge Securities to return the balance of national debit investment fund to the Waste Reclamation Company.

More Definitions of Bridge Securities

Bridge Securities. Securities (other than Money Market Investments) which, when acquired, were expected by the General Partner to be redeemed, liquidated or otherwise disposed of within 12 months of the date of such acquisition.

Bridge Securities means the Series B Preferred Stock, the Senior Notes and the Warrants.

Bridge Securities means the securities issued to investors as part of the Bridge Financing, including without limitation any warranties, options or rights to acquired additional securities of the Company or any of its affiliates.

Bridge Securities has the meaning specified in the Purchase Agreement.

Bridge Securities means the shares of Company Common Stock issuable upon conversion of or otherwise pursuant to the Bridge Note.

Bridge Securities means the $25,000,000 of subordinated bridge notes issued by the Company on December 31, 1996.

Bridge Securities has the meaning given it in the first recital of this Agreement.