Examples of Exempt Issuance in a sentence
In addition, from the date hereof until ninety (90) days after the Closing Date, subject to certain exceptions provided for in the Purchase Agreement, neither the Company nor any Subsidiary shall issue, enter into any agreement to issue or announce the issuance or proposed issuance of any shares of Common Stock or Common Stock Equivalents, except that such restriction shall not apply with respect to an Exempt Issuance (as defined in the Purchase Agreement).
Except for an Exempt Issuance, from the date hereof until the later of (a) the Effective Date, and (b) the date that is sixty (60) days after the Closing Date, neither the Company nor any Subsidiary shall, without the consent of the Purchaser, issue shares of Common Stock or Common Stock Equivalents.