Examples of Direct Purchase Securities in a sentence
The closing of the Direct Purchase Securities, if any, will take place contemporaneously with such Financing Transaction, subject to the provisions of Section 6.2(f).
If Terra fails to deliver an amended Terra Financing Issuance Notice within such fifteen (15) Business Day Period, Terra shall be deemed to have elected not to satisfy any portion of Terra’s Applicable Right to Maintain Percentage other than with respect to Voting Stock or Convertible Securities, if any, that are subject to any then effective Terra Financing Issuance Notice and that were not Direct Purchase Securities.
The closing of the Direct Purchase Securities, if any, shall take place contemporaneously with such Financing Transaction, subject to the provisions of Section 3.1(e).
After such thirty (30) month period has expired and until the date that is thirty-six (36) months following the Closing Date, the Investors may Transfer up to 5,797,102 of the Purchased Shares and two-thirds (2/3) of any Direct Purchase Securities.
Within fifteen (15) Business Days after receipt by Investor of such Company Financing Issuance Notice, Investor shall notify the Company by written dated notice stating whether or not Investor has made a bona fide determination to acquire such additional Direct Purchase Securities.
The closing of the Direct Purchase Securities, if any, shall take place contemporaneously with such Preemptive Issuance, subject to the provisions of this Section 2.10.
After such twenty-four (24) month period has expired and until the date that is 30 months following the Closing Date, the Investors may Transfer up to 2,898,551 of the Purchased Shares and one-third (1/3) of any Direct Purchase Securities.
Upon the expiration of such thirty-six (36) month period following the Closing Date, the Investors may Transfer the Purchased Shares and the Direct Purchase Securities (if any), subject to the last sentence of this Section 2.6 of this Agreement.
Notwithstanding Section 2.10(a) or the foregoing, the aggregate amount of Direct Purchase Securities to be purchased by the Investors included in the Investor Participation Notice may be allocated among the Investors at their discretion.