Common Expiration Date definition

Common Expiration Date means the date on which the Trailer Investors cease to hold, or cease to “beneficially own” (within the meaning of Rule 13d-3 under the Exchange Act) at least 10% of the issued and outstanding Common Stock of the Corporation.
View Source

Examples of Common Expiration Date in a sentence

  • Pre-Funded Warrants may be exercised during the period commencing on the Issuance Date until the Pre-Funded Warrants are exercised in full (the “Pre-Funded Expiration Date” and together with the Common Expiration Date, the “Expiration Date”).

  • The right of the Majority Trailer Investors to designate the Investor Directors pursuant to Section 4.1 and Section 4.2 shall terminate on the Common Expiration Date.

  • Prefunded Warrants may be exercised during the period commencing on the Issuance Date until the Prefunded Warrants are exercised in full (the “Prefunded Expiration Date” and together with the Common Expiration Date, the “Expiration Date”).

  • From and after the Closing Date until the Common Expiration Date, the Majority Trailer Investors may (which right shall be exercisable by Trailer so long as Trailer is the Majority Trailer Investor) nominate five directors (collectively, the “Investor Directors”) to be elected to the Board.

  • Prior to the Common Expiration Date, at each meeting of the Company’s stockholders at which the election of directors to the Investor Director Seats is to be considered, the Company shall, subject to the provisions of Section 4.1 and Section 4.3, nominate the Investor Director(s) designated by the Majority Trailer Investors for election to the Board by the holders of voting capital stock and solicit proxies from the Company’s stockholders in favor of the election of Investor Directors.

  • From and after the Closing Date until the Common Expiration Date, the Majority Trailer Investors may nominate five directors (collectively, the “Investor Directors”) to be elected to the Board.