Fourth Closing Shares definition

Fourth Closing Shares means a number of Shares equal to 34.9% of the outstanding common stock of the Company on the Fourth Closing Date minus the sum of the Initial Closing Shares, the Second Closing Shares and the Third Closing Shares.
Fourth Closing Shares is defined in Section 2.1(d).
Fourth Closing Shares means the Fourth Closing Subscription Amount divided by the Per Share Purchase Price.

Examples of Fourth Closing Shares in a sentence

  • The closing of the purchase and sale of the Fourth Closing Shares hereunder (the "Fourth Closing") shall be held at the offices of the Purchasers' counsel, at 10:00 a.m., Boston time, on the twenty-four (24) month anniversary of the execution date of the Development and License Agreement (or, if such date is not a Business Day, then the first preceding Business Day), unless the parties otherwise consent in writing, or as adjusted pursuant to Section 5.3(a).

  • With respect to each proposed purchase of Second Closing Shares, Third Closing Shares, Fourth Closing Shares or Additional Shares, Gilead shall determine, in its sole discretion, whether any Antitrust Approvals will or may be required in connection with the proposed purchase of Shares, and shall hold the Company harmless from any claim that any purchase was made without a required Antitrust Approval.

  • Prior to the Fourth Closing, the Company shall have caused the Fourth Closing Shares to be registered for resale by the Purchasers pursuant to an effective registration statement on Form S-3 and meeting the requirements set forth in the Registration Rights Agreement.

  • StormGain reserves the right to terminate your account and/or block any operations on your account if it comes to our knowledge that you are a resident of a country/territory where StormGain cannot or chooses not to provide services in.


More Definitions of Fourth Closing Shares

Fourth Closing Shares means 15,238,095 shares of Common Stock, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Common Stock prior to the Fourth Closing.
Fourth Closing Shares. Section 2.1(d) “Governmental Official” Section 3.2(o) “HKIAC” Section 8.11(b) “HKIAC Rules” Section 8.11(b) “Indemnified Party” Section 7.2(a) Defined Term SectionIndemnifying Party” Section 7.2(b) “Instrument of Transfer” Section 2.3(a)(i) “Investor” Preamble “Investor Rights Agreement” Recitals “Losses” Section 7.2(a) “Material Contracts” Section 3.2(l)(i)

Related to Fourth Closing Shares

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

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Second Closing has the meaning set forth in Section 2.2.

  • Subsequent Closing shall have the meaning ascribed to such term in Section 2.4.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • First Closing has the meaning set forth in Section 2.1(a).

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Second Closing Date means the date of the Second Closing.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Series Closing Date means the date designated as such in the Series Term Sheet.

  • Initial Shares means a number of Registrable Securities equal to the lesser of (i) the total number of Registrable Securities and (ii) one-third of the number of issued and outstanding shares of Common Stock that are held by non-affiliates of the Company on the day immediately prior to the filing date of the Initial Registration Statement.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • Sale Shares has the meaning ascribed to it at Recital (A).

  • Additional Closing has the meaning set forth in Section 2.3.

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • Final Closing means the last closing under the Private Placement;

  • Original Closing Date means the "Closing Date" as defined in the Existing Credit Agreement.