Firm Shares definition

Firm Shares has the meaning given to it in the first paragraph of this Agreement;

Firm Shares has the meaning provided in Section 1.1(a).

Firm Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

Examples of Firm Shares in a sentence

• On the Closing Date, the Firm Shares shall have been approved for listing on the Exchange, subject only to official notice of issuance.

• In the event that the default addressed in Section 6.1 relates to more than 10% of the Firm Shares or Option Shares, you may in your discretion arrange for yourself or for another party or parties to purchase such Firm Shares or Option Shares to which such default relates on the terms contained herein.

• The term “Underwriter” as used in this Agreement shall include any party substituted under this Section 6 with like effect as if it had originally been a party to this Agreement with respect to such Firm Shares or Option Shares.

• If, within one (1) Business Day after such default relating to more than 10% of the Firm Shares or Option Shares, you do not arrange for the purchase of such Firm Shares or Option Shares, then the Company shall be entitled to a further period of one (1) Business Day within which to procure another party or parties satisfactory to you to purchase said Firm Shares or Option Shares on such terms.

• The Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date, or Option Closing Date, as applicable (“Representative’s Warrants”), five-year warrants for the purchase of a number of shares of Common Stock equal to 7.0% of the number of the Firm Shares issued in the Offering, pursuant to a warrant in the form attached hereto as Exhibit A, at an initial exercise price of $4.80 (or 120% of the public offering price per Firm Share).

More Definitions of Firm Shares

Firm Shares means, collectively, the Closing Shares and, if any, the Over-Allotment Shares.

Firm Shares has the meaning given above;

Firm Shares has the meaning set out in recital (A).

Firm Shares means the number of newly issued shares of Class A Common Stock specified as "Firm Shares" in the Underwriting Agreement included in the Public Offering.

Firm Shares and “Firm Warrants” shall mean the Common Stock and Warrants contained in the Firm Units; (c) the term “Option Units” shall mean any of the additional up to [ ] ( ) Units purchased pursuant to the option referred to in Section 2(d) hereof; (d) the terms “Option Shares” and “Option Warrants” shall mean the shares of Common Stock and Warrants contained in the Option Units purchased pursuant to the option referred to in Section 2(d) hereof; (e) the term “Warrant Shares” shall mean the shares of Common Stock issuable upon exercise of the Firm Warrants or Option Warrants; (f) the term “Units” shall mean the Firm Units and Option Units collectively; (g) the term “Shares” shall mean the Firm Shares and the Option Shares collectively; and (h) “Securities” shall mean all of the Units, Shares, Warrants, and Warrant Shares issued hereunder. As the representative of the Underwriters, Xxxxxxxx Curhan Ford & Co. has informed the Company that Xxxxxxxx Curhan Ford & Co. is authorized to enter into this Agreement on behalf of the several Underwriters, and that the several Underwriters are willing, on the basis of the representations, warranties, and agreements of the Company herein contained, and upon the terms but subject to the conditions herein set forth, acting severally and not jointly, to purchase the number of Firm Units set forth opposite their respective names in Schedule A hereto, plus their pro rata portion of the Option Units if Xxxxxxxx Curhan Ford & Co. elects to exercise the over-allotment option in whole or in part for the account of the several Underwriters. As the representative of the Underwriters, Xxxxxxxx Curhan Ford & Co. has also informed the Company that (i) the Underwriters have or will orally provide the pricing information set forth in Schedule C to prospective purchasers prior to confirming sales of the Units, and (ii) each Underwriter has represented and agreed that, without the prior written consent of the Company and Xxxxxxxx Curhan Ford & Co., it has not made and will not make any offer relating to the Shares that would constitute a free writing prospectus, and any such free writing prospectus, the use of which has been consented to by the Company and Xxxxxxxx Curhan Ford & Co., is listed in Schedule D hereto. The Company hereby confirms its agreement with respect to the purchase of the Units by the Underwriters as follows:

Firm Shares has the meaning set forth in the recitals to this Agreement.

Firm Shares means the Class A Shares to be sold to the Underwriters pursuant to the terms of the Underwriting Agreement, excluding the Option Shares.