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 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.
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 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.
No provision of this Agreement may be waived or amended except in a written instrument signed, in the case of an amendment, by (a) the Company and (b) Purchasers holding at least a majority of the Initial Closing Common Shares and Warrants sold in the Initial Closing (as a single class on an as-converted to Common Stock basis) and then- held by a Purchaser or, in the case of a waiver, by the party against whom enforcement of any such waived provision is sought.
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) $500,000 worth of Common Stock, (ii) 500,000 shares of Common Stock, or (iii) 2.5% of the average monthly trading volume for Buyer’s Common Stock for the three months prior to sale.
The Company shall provide each Major Purchaser written notice of the amount of such Major Purchaser’s Second Closing Common Shares as promptly as possible following the Company’s calculation of the Second Closing Purchase Price, and such Major Purchaser shall notify the Company as promptly as possible following receipt of such written notice of such Major Purchaser’s election to purchase any Second Closing Preferred Shares, if any.
This is because the unit of measures, the level of accuracy and precision are essential to estimates costs.
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”).