Company Securities definition
Examples of Company Securities in a sentence
At any time that PLBY and UTG each (together with their respective Permitted Transferees) own 50% of the issued and outstanding Company Securities, (a) the registered agent of the Company may only act upon confirmation provided in writing (email being sufficient) from both a PLBY Director and a UTG Director and (b) the Company shall make clear in any instruction provided to its registered agent that such confirmation is necessary prior to acting upon such instruction from the Company.
Any Transfer or attempted Transfer of any Company Securities or Restricted Securities in violation of any provision of this Agreement shall be void, and the Company shall not register any such Transfer in the register of members of the Company.
Prior to the Purchase Completion Date, the Company shall not issue any Company Securities except in accordance with the Purchase Agreement.
If the Company proposes to issue any Company Securities after such 90-period, it shall again comply with the procedures set forth in this Clause 4.4.
Notwithstanding the foregoing, no Shareholder shall be entitled to purchase the Company Securities as contemplated by Clause 4.4 above, and Clause 4.4 shall not apply, in connection with issuances of Company Securities issued pursuant to any share dividend, share split, reverse share split, reclassification or similar changes in the capital structure of the Company.