Examples of Consent Shares in a sentence
The Issuer represents and warrants that all Consent Shares to be issued to be issued pursuant to the foregoing provisions will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens and charges created by the Issuer in respect of the issuance thereof (other than taxes in respect of any transfer occurring contemporaneously with such issuance).
As of the date hereof, the Manager, together with one or more members of the Sponsor Group, have sole power to cause the delivery of the Shareholder Written Consent with respect to the Written Consent Shares, as contemplated by the first sentence of Section 1.1, other than the Written Consent Shares held by WLRS Fund I LLC.
Each member of the Sponsor Group agrees that promptly following the time at which the Registration Statement becomes effective (and, in any event, within twenty-four (24) hours of such time), it shall cause the Shareholder Written Consent to be executed and delivered to the Company, substantially in the form attached hereto as Exhibit A hereto, with respect to all of the Written Consent Shares as of the date thereof entitled to consent thereto.
The Investor has all the necessary corporate or other power, authority and capacity to purchase the Convertible Debentures, the New Warrants, the Consent Warrants, the Conversion Shares and the Consent Shares and to perform its obligations under this Agreement and each of the Collateral Documents.
The Company is proposing to issue 65,083,500 TLF Consent Shares to the Secured Lenders in return for their refinancing of the existing facilities.
The Purchaser represents and warrants that at the time the Purchaser was offered the Consent Shares, it was, and as of the date hereof it is an “accredited investor” as defined in Rule 501 under the Securities Act.
The Consent Shares may only be disposed of in compliance with state and federal securities laws.
Both Digital & Physical collaterals (One- pagers, Video/ Audio clips/ Banners/ comparatives, EDM, flyers etc.) were designed & supplied to the field functionaries with product USP.
An aggregate of up to 65,083,500 TLF Consent Shares will be issued by the Company to the Secured Lenders, representing approximately 3.1% of the Existing Share Capital as at the date of this announcement, and approximately 1.0% of the Enlarged Issued Share Capital of the Company.
The Investor is purchasing the Convertible Debentures (which, for the purpose of this section, includes the Conversion Shares), the Consent Warrants and the New Warrants (which, for the purpose of this section includes the Conversion Shares and the Consent Shares) as principal for the Investor's own account and not for the benefit of any other Person.