Examples of Common Equity in a sentence
Parent has, and at the Closing will have, sufficient authorized shares of Parent Common Equity to enable it to issue the portion of the Equity Purchase Price as determined pursuant to Schedule 2.2(a) at the Closing.
Parent is not now, and immediately after the issuance and/or sale of the Parent Common Equity comprising all or any portion of the Equity Purchase Price, will not be, required to register as an “investment company” or a company “controlled by” an entity required to register as an “investment company” within the meaning of the Investment Company Act of 1940.
Such Seller has made, independently and without reliance on Purchaser Parties or any of their Affiliates or the Purchaser’s Representatives (except to the extent that such Seller has relied on the representations and warranties in this Agreement), its own analysis of the Parent Common Equity comprising part of the Equity Purchase Price and such Seller has had reasonable and sufficient access to documents, other information and materials as it considers appropriate to make its evaluations.
Subject to the Registration Rights Agreement, as of the Execution Date, Parent is eligible to register all of the Parent Common Equity issued to Sellers (or their respective designees) pursuant to the terms of this Agreement for resale by Sellers (or their respective designees) under a Registration Statement on Form S-3 promulgated under the Securities Act (the “Resale Shelf”).
In entering into this Agreement, such Seller has relied solely upon such Seller’s own expertise in legal, tax and other professional counsel concerning this transaction, the Parent Common Equity, if any, issued to such Seller (or such Seller’s designees) at Closing and the value thereof.