Draw Down Shares definition

Draw Down Shares means the shares of Common Stock issuable pursuant to a Draw Down.

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Draw Down Shares or “Shares” shall mean the shares of Common Stock issued and issuable pursuant to a Draw Down and the shares of Common Stock issued and issuable pursuant to Section 2.2(a)(iii) and Section 4.16 herein.

Draw Down Shares means all shares of Common Stock issued or issuable pursuant to a Draw Down which has occurred or may occur in accordance with the terms and conditions of this Agreement.

Examples of Draw Down Shares in a sentence

The Company has duly and validly authorized and reserved for issuance shares of Common Stock sufficient in number for the issuance of the Draw Down Shares.
The Draw Down Shares to be issued under this Agreement, when paid for and issued in accordance with the terms hereof, shall be duly and validly issued and outstanding, fully paid and non-assessable, and the Purchaser shall be entitled to all rights accorded to a holder of Common Stock.
All Draw Down Shares shall be delivered without any restrictive legends.
Upon receipt of such funds, the Escrow Agent shall advise the Company that it has received the funds for such Draw Down Shares.
Before the Company shall exercise a Draw Down, the Company shall have caused a sufficient number of shares of Common Stock to be registered to cover the Draw Down Shares to be issued in connection with such Draw Down.
As of the date of each applicable Draw Down Notice, the Company will have authorized and reserved, free of preemptive rights and other similar contractual rights of stockholders, a sufficient number of its authorized but unissued shares of its Common Stock to cover the Draw Down Shares to be issued in connection with such Draw Down requested under this Agreement.
The obligation hereunder of the Purchaser to accept a Draw Down request and to acquire and pay for the Draw Down Shares is subject to the satisfaction at or before each Settlement Date, of each of the conditions set forth below.
The obligation hereunder of the Company to proceed to close this Agreement and to issue and sell the Draw Down Shares to the Purchaser is subject to the satisfaction or waiver, at or before the Initial Closing, and as of each Settlement Date of each of the conditions set forth below.
The sale and issuance of the Draw Down Shares shall be made in accordance with the provisions and requirements of Section 4(2) of the Securities Act and any applicable state law.
The obligation hereunder of the Purchaser to perform its obligations under this Agreement and to purchase the Draw Down Shares is subject to the satisfaction or waiver, at or before the Initial Closing, of each of the conditions set forth below.

More Definitions of Draw Down Shares

Draw Down Shares or "Shares" shall mean the shares of Common Stock issuable pursuant to a Draw Down. The number of Draw Down Shares shall be calculated as follows: (Amount of Draw Down)/(Initial Put Price) = the number of shares that will be delivered by the Company

Draw Down Shares means the shares of Common Stock issuable pursuant

Draw Down Shares means the shares of Common Stock issuable pursuant to a Draw Down. “DTC” shall have the meaning assigned to such term in Section 6.1(f).

Draw Down Shares. The Company may request a Draw Down at any time during the Long Stop Date: The Purchaser may by notice in writing to the Company terminate Implementation Fee HK$750,000, which is due and payable on the third Trading Day

Draw Down Shares means the Ordinary Shares issuable pursuant to a Draw Down.