First Closing Securities definition

First Closing Securities shall have the meaning set forth in Section 2.1.

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First Closing Securities means the Shares and the Common Warrants sold in the First Closing.

First Closing Securities means the 2,140,101 shares of Common Stock and warrants, including the 1,070,051 shares of Common Stock issuable upon exercise thereof, issued and issuable pursuant to that certain Securities Purchase Agreement dated as of December 23, 2003, by and among the Company and the investors identified on the signature pages thereto.

Examples of First Closing Securities in a sentence

The sale of the First Closing Securities by the Company to such Purchaser shall not be prohibited by any law or governmental order or regulation.
At or prior to the First Closing, each Purchaser will pay the aggregate First Closing Purchase Price for the First Closing Securities as set forth opposite such Purchaser’s name on Exhibit A hereto (the “First Closing Purchase Price”) by wire transfer of immediately available funds to the Company in accordance with wire instructions provided by the Company to the Purchasers prior to the First Closing.
Subject to the terms and conditions of this Agreement (including Sections 4 and 5), the purchase and sale of the First Closing Securities shall take place remotely via the exchange of documents and signatures (the “First Closing”) on the date hereof (the “First Closing Date”).
Each Purchaser’s obligation to complete the purchase and sale of the First Closing Securities is subject to the fulfillment or waiver as of the First Closing Date of the following conditions: (a) Representations and Warranties.
The Company shall have delivered to its ADS depositary, with a copy to each Purchaser, irrevocable instructions to issue to such Purchaser, on an expedited basis, one or more account statements in the name of such Purchaser reflecting the number of First Closing Securities set forth opposite such Purchaser’s name on Exhibit A hereto.
The purchase or subscription price for each unit of the First Closing Securities shall be US$2.30 (the “Per Share First Closing Purchase Price”) of which the dollar amount equivalent to ₤0.50 per Preference Share on the First Closing Date shall be paid in respect of each Preference Share purchased, if any.
The purchase or subscription price for each unit of the First Closing Securities shall be US$ 2.30 (the “Per Share First Closing Purchase Price”).
The Company agrees to timely file a Form D with respect to the First Closing Securities and to provide a copy thereof, promptly upon request of the Purchaser.
The Company’s obligation to complete the purchase and sale of the First Closing Securities in respect of each Purchaser in connection with the First Closing is subject to the fulfillment or waiver as of the First Closing Date of the following conditions in respect of such Purchaser: (a) Receipt of Funds.
Subject to the terms and conditions of this Agreement, Buyer hereby agrees to purchase the First Closing Securities from Seller, and Seller agrees to sell the First Closing Securities to Buyer, at the First Closing.

More Definitions of First Closing Securities

First Closing Securities means those securities issued by I-Link and held by Winter Harbor on the date of this Agreement that are designated as "First Closing Securities" on Exhibit A. In the event of any change in the outstanding securities of I-Link by reason of stock dividends, splits, combinations, subdivisions or reclassifications, mergers, recapitalizations, extraordinary dividends or distributions, exchanges of shares or the like, the type and number of securities constituting the First Closing Securities shall be appropriately adjusted.

First Closing Securities means the Shares and the Common Warrants sold in the First Closing. “First Closing Shares” has the meaning set forth in Section 2.1.