Examples of Closing Common Shares in a sentence
Buyer shall register the Buyer Securities on a best efforts, TIME IS OF THE ESSENCE basis after the Closing Date, such that the Closing Common Shares and Series G Conversion Shares shall be registered and freely-trading on or before August 31, 2018 (“Registration Date”).
The Parties hereto hereby agree that the First Closing Common Shares Purchase Price shall be solely to repay a portion of the debt owed to the PRC Subsidiary by Chengdu Rongxin Ruigao Machinery Co., Ltd., Chengdu Begin Pipeline Co., Ltd.
Seller agrees, in the event and to the extent it decides to sell Series G Conversion Shares or Closing Common Shares, that it shall not, in the absence of Buyer’s prior written consent, sell Series G Conversion Shares or Closing Common Shares in public market transactions at a monthly rate that exceeds the greater of (i) $50,000 worth of Common Stock, (ii) 50,000 shares of Common Stock, or (iii) 0.15% of the average monthly trading volume for Buyer’s Common Stock for the three months prior to sale.
The MMTS OU III ROD was prepared following the submittal of the Monticello Mill Tailings Site Operable Unit III Remedial Investigation Addendum/Focused Feasibility Study, January 2004, as a basis for OU III remedy selection.
The number of Closing Preferred Shares shall be the total number of Shares to be sold at the Closing minus the number of Closing Common Shares, as above.
Each Shareholder's Closing Common Shares shall be aggregated, rather than considered on a share by share basis, in determining the portion of the total Merger Consideration to which such Shareholder is entitled under this Agreement.
Subject to the terms and conditions hereof, at the First Closing, CCTI shall issue and sell to Ventrillion, 100,000,000 (one hundred million) New Common Shares (the “First Closing Common Shares”), and Ventrillion agrees to purchase the First Closing Common Shares at the purchase price of US$4,000,000 (the “Purchase Price”).
Approval for listing by the NYSE upon official notice of issuance of the Parent Closing Common Shares, the Common Earn-Out Shares and Parent Common Stock issuable upon conversion of the Parent Closing Preferred Shares and the Preferred Earn-Out Shares shall have been received by Parent.
The Investor desires to purchase from the Company, and the Company desires to issue and sell to the Investor, (i) shares (the “Closing Common Shares”) of the Company’s common stock, no par value per share (the “Common Stock”), and (ii) shares (the “Closing Preferred Shares” and together with the Closing Common Shares, the “Shares”) of the Company’s Series A Convertible Preferred Stock, no par value per share (the “Series A Preferred Stock”), on the terms and subject to the conditions hereinafter set forth.
Each share of the Closing Common Shares (other than Dissenting Shares) shall, at the Effective Time and without any further action on the part of the Stockholders, be cancelled and extinguished and automatically converted into the right to receive an amount in cash equal to the quotient of (i) the Common Merger Consideration divided by (ii) the number of Common Closing Shares.