Dilution Instruments definition
Examples of Dilution Instruments in a sentence
The Company has not issued any Shares or Dilution Instruments of any nature whatsoever other than the Shares being issued and allotted to the Persons mentioned in Part C of SCHEDULE 4 on or before the Closing Date.
The Company has not issued any Shares or Dilution Instruments of any nature whatsoever other than the Shares issued and allotted to the Persons mentioned in Part B of SCHEDULE 4 immediately prior to the Closing Date.
The Company has not issued any Shares or Dilution Instruments of any nature whatsoever other than the Shares issued and allotted to the Persons mentioned in Part B of SCHEDULE 4.
Other than as provided in Warranty 4.2 and 4.3 above, the Company has not issued any Shares or Dilution Instruments of any nature whatsoever.
In such a case, the Investors shall be given a right to purchase additional shares at a nominal price such that they shall be sufficient to yield their pro-rata shares held pursuant to issuance of Dilution Instruments.
The Company and Existing Shareholders hereby irrevocably and unconditionally waive and decline any pre-emptive rights with respect to such Dilution Instruments as may be available to them under Applicable Law, and agree and accept that the exercise by each or any of the Investors of the pre-emptive rights granted to them, pursuant to this Clause 9, shall not be disadvantageous to the shareholders and/or the Company.
The Principal Investors shall be entitled to assign in whole or in part their right to subscribe to the Dilution Instruments or such other alternate instrument that the Principal Investors are entitled to subscribe, to their Affiliates, provided that at the time of issuance of such Dilution Instruments, such Affiliate shall have executed a Deed of Adherence incorporating the applicable principles set out in SCHEDULE 2.
The Principal Investors will have a right to subscribe to such Dilution Instruments in proportion to their inter se shareholding in the Company on an As If Converted Basis.
The holding of the relevant Affiliate subscribing to the Dilution Instruments shall be considered to be part of holding of the Principal Investors for the purposes of this Agreement.
The right of the Principal Investors and Evolvence to subscribe to Dilution Instruments shall extend to such other alternative instrument as may be issued in the event of any regulatory restriction barring the Principal Investors and/or Evolvence from subscribing to the Dilution Instruments.