Examples of Closing Date Shares in a sentence
In the event that any Closing Date Shares are not delivered on a timely basis in accordance herewith, the Holder shall have all available remedies available at law or in equity.
The issuance and delivery of the Closing Date Shares by the Buyer to the Seller or its nominee is exempt from the prospectus and registration requirements of the Securities Act (Ontario) and such other securities laws that are applicable to the Buyer (the “Securities Laws”).
In addition to Seller’s Closing Date Shares, Sellers shall be eligible to receive two million seven hundred fifty-six thousand seven hundred fifty-seven (2,756,757) shares of Procera’s Common Stock (the “Seller’s Incentive Shares”) if all milestones and conditions set forth on Exhibit C are met.
It being understood that Buyer will hold, on behalf of Sellers, One Million Two Hundred Fifty Thousand Dollars and No Cents ($1,250,000.00) of Xxxxxxx Closing Date Shares (valued in accordance with the first sentence of this Section) as security for Sellers' indemnification Obligations set forth in Article X below (the "Stock Holdback Amount," and together with the Cash Holdback Amount, the "Holdback Amount").
OrthoLogic agrees that neither it, nor anyone acting on its behalf, shall offer to sell the Closing Date Shares or any other securities of OrthoLogic so as to require the registration of the Closing Date Shares pursuant to the provisions of the Securities Act or any state securities or “blue sky” laws, unless such Closing Date Shares or other securities are so registered.