Commitment Shares shall have the meaning set forth in Section 12.04.
Commitment Shares means 40,000 shares of duly authorized, validly issued, fully paid and nonassessable shares of Common Stock which, concurrently with the execution and delivery of this Agreement on the Closing Date, the Company has caused its transfer agent to issue and deliver to the Investor not later than 4:00 p.m. (New York City time) on the second Trading Day immediately following the Closing Date.
Commitment Shares means, collectively, the Initial Commitment Shares and the Additional Commitment Shares.
Examples of Commitment Shares in a sentence
The Company shall have paid the Commitment Fee or issued the Commitment Shares to an account designated by the Investor on or prior to the Effective Date, in accordance with Section 12.04, all of which Commitment Fee shall be fully earned and non-refundable on the Effective Date, regardless of whether any Advance Notices are made or settled hereunder or any subsequent termination of this Agreement.
The Commitment Shares issuable hereunder shall be included on the initial Registration Statement.
More Definitions of Commitment Shares
Commitment Shares shall have the meaning set forth in Section 9.10(i).
Commitment Shares shall have the meaning ascribed to it in the Investment Agreement.
Commitment Shares shall have the meaning specified in Section 6.4.
Commitment Shares means the shares of Common Stock to be issued by the Company to the Purchaser pursuant to Section 2.1.
Commitment Shares means the 110,000 shares of the Restricted Company’s common stock as a commitment fee hereunder, issued to the Investor or Investor’s designee.
Commitment Shares means the 450,000 shares of duly authorized, validly issued, fully paid and non-assessable Common Stock which, concurrently with the execution and delivery of this Agreement on the Closing Date, the Company has caused its transfer agent to issue and deliver to the Investor not later than 4:00 p.m. (New York City time) on the Trading Day immediately following the Closing Date.
Commitment Shares shall have the meaning given to it in Section 3.1 hereof.