Examples of Common Exchange Shares in a sentence
Following such six (6) month period, the Common Exchange Shares will be eligible for resale under Rule 144, subject to certain restrictions if such Person is an Affiliate of Avalon.
Subject to the terms and conditions hereof, each Lender hereby agrees to exchange the Exchanged Indenture Notes held by it for the issuance by the Borrower to such Lender of Common Exchange Shares and Preferred Exchange Shares (the “Initial Exchange”), in each case as set forth on Schedule 1 hereto.
On the terms and conditions set forth herein, Investor agrees to subscribe for and the Company agrees to issue to Investor the Shares of the Company set forth under the captions "Common Exchange Shares," "Senior Preferred Exchange Shares," and "Junior Preferred Exchange Shares" in SCHEDULE 1 in exchange for the Rollover Shares set forth in SCHEDULE 1.
The Sen Lang Owners covenant and agree to not transfer the Common Exchange Shares in violation of Rule 144.
On the Exchange Date, the Seller shall deliver to Buyer documents evidencing ownership in Purchased Interest (as hereinafter defined).The Company will deliver to each Contributor on the Exchange Date a duly issued and authenticated certificate evidencing the Common Exchange Shares and the Series A Preferred Stock issuable to such Contributor pursuant to Section 1.1.
The Company's issuance of the Common Exchange Shares, and the issuance of the Series A Preferred Stock to each of the Contributors, shall be the sole consideration for the Contributed Interests by the Company.
The Common Exchange Shares shall contain a legend reading substantially as follows: These shares represent common stock of HQ Global Holdings, Inc.
The date on which the Closing shall occur is hereinafter referred to as the "Closing Date." At the Closing, (i) FCG shall deliver to Holdco one or more certificates representing the Common Exchange Shares with a properly executed instrument of transfer and (ii) Holdco shall deliver to FCG certificates issued in FCG's name representing Preferred Shares and the Warrants, all as contemplated in clause (a) above.
On the terms and conditions set forth herein, Investor agrees to subscribe for and the Company agrees to issue to Investor the Shares of the Company set forth under the captions "Common Exchange Shares" and "Preferred Exchange Shares" in SCHEDULE 1 in exchange for the Rollover Shares set forth in SCHEDULE 1.
The Sen Lang Owners understand and acknowledge that the Common Exchange Shares will be “restricted securities” as such term is used in Rule 144 under the Securities Act (“ Rule 144”), will bear a restrictive legend restricting the transfer of such Common Exchange Shares in connection therewith for a period of six (6) months from the Closing Date and that the Common Exchange Shares will be indicated as restricted on Avalon’s shareholders’ register.