Exchange Shares definition

Exchange Shares has the meaning set forth in Section 2.02(b).

Exchange Shares has the meaning set forth in the Recitals.

Exchange Shares has the meaning set forth in Section 3.2(c)(ii).

Examples of Exchange Shares in a sentence

• If any Exchange Shares (whether represented by a certificate or in book-entry form) bear notations or a legend referring to transfer restrictions under the Securities Act, then the Company will, if such transfer restrictions are no longer applicable or otherwise appropriate, use commercially reasonable efforts to cause such restrictions to be removed.

• The Company confirms that the Exchange Shares shall be subject to any registration rights the Holder may have with the Company; provided that the Company and Holder shall work together in good faith to give effect to those rights as necessary given the Company is no longer listed on national securities exchange.

• At the Closing, the Exchange Shares shall be issued to the Holder in exchange for the Preferred Shares without the payment of any other consideration by the Holder.

• The Holder understands that no United States federal or state agency or any other government or governmental agency has passed on or made any recommendation or endorsement of the Exchange Shares or the fairness or suitability of the investment in the Exchange Shares nor have such authorities passed upon or endorsed the merits of the Exchange.

• The Holder is able to bear the economic risk of an investment in the Exchange Shares and, at the present time, is able to afford a complete loss of such investment.

More Definitions of Exchange Shares

Exchange Shares means Company Common Stock issued or issuable upon the exchange of the Warrants pursuant to the terms thereof.

Exchange Shares is defined in Section 2.2.

Exchange Shares has the meaning set forth in Section 4.1 hereof.

Exchange Shares is defined in the recitals to this Agreement.

Exchange Shares has the meaning set forth in Section 2.2 of this Agreement.

Exchange Shares shall have the meaning set forth in Section 24(a).

Exchange Shares has the meaning set forth in the recitals hereto.