Future Securities definition

Future Securities means any issuance of Capital Stock in a financing transaction (other than an underwritten public offering), a purpose of which is raising capital, at a price which is less than ninety percent (90%) of the 10-day average closing price of Common Stock as reported by the Bloomberg Professional Service (x) established on the date on which Notice (as defined below) is delivered to members of the Investor Shareholder Group, if the issuance is to be sold at a price which has been established prior to the date of such Notice, or (y) on the day immediately prior to the closing date of such transaction if the price has not been established prior to Notice. Notwithstanding anything to the contrary, the term “Future Securities” does not include:
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Future Securities has the meaning set forth in Section 2.01 of this Sixth Supplemental Indenture.
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Future Securities shall have the meaning set forth in Section 3.2.
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Examples of Future Securities in a sentence

  • TO ENTER AN ORDER TO CEASE AND DESIST AND DENY FUTURE SECURITIES REGISTRATIONS1 Department of Financial Institutions Securities Division - Compliance UnitPO Box 9033 Olympia, WA 98507-9033 1 2.

  • AND BARRING FUTURE SECURITIES REGISTRATIONS1 DEPARTMENT OF FINANCIAL INSTITUTIONSSecurities DivisionPO Box 9033 1 1995.

  • The Directors of the Company unanimously recommend to all Shareholders that they vote in favour of this Resolution.RESOLUTIONS 13 & 14: APPROVAL OF FUTURE SECURITIES PLACEMENTSOn October 10, 2011 the Shareholders approved the issue of up to 136,000,000 ordinary shares and up to 20,000,000 unquoted options to any party or parties nominated by the Company, who shall not be related parties.

  • RESOLUTION 12: APPROVAL OF FUTURE SECURITIES PLACEMENT - Ordinary resolutionThe success of the Company's recent renounceable rights issue and the unsatisfied demand from non shareholders as reported by the entitlement issue underwriter, DJ Carmichael Pty Ltd has prompted the Company to take advantage of that demand and the opportunity to raise further cash to assist with the previously announced intentions to broaden the Company's energy projects base, and for additional working capital.


More Definitions of Future Securities

Future Securities has the meaning set forth in Article Two of this Fourth Supplemental Indenture.
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Future Securities means all future securities, assets, rights, title, interest and claims the Pledgor has or will have in relation to the Pledged Account, and all amounts now or in the future credited or accrued on the Pledged Account, including, for the avoidance of doubt, cash and other rights and the property held therein or credited thereto and the proceeds and products thereof and property received, receivable or otherwise distributed in respect of the Pledged Account and the assets held therein and any assets from time to time subject, or expressed to be subject, to the Pledge created or expressed to be created by or pursuant to this Agreement or any part of those assets, including cash, assets or securities derived from the Securities (whether by way of redemption, liquidation, bonus, preference, option, substitution, conversion or otherwise) or from the proceeds thereof.
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Future Securities has the meaning set forth in Article III.
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Future Securities shall have the meaning set forth in SECTION 3.2.
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Related to Future Securities

  • indenture security holder means a Holder.

  • pre-qualification means the first stage of the Bidding Process involving the submission, opening and evaluation of the Qualification Documents submitted by the Prospective Bidders.

  • Obligor on the indenture securities means the Issuer and any other obligor on the indenture securities. All other TIA terms used in this Indenture that are defined by the TIA, defined by TIA reference to another statute or defined by Commission rule have the meaning assigned to them by such definitions.

  • Rule 424 means Rule 424 promulgated by the Commission pursuant to the Securities Act, as such Rule may be amended or interpreted from time to time, or any similar rule or regulation hereafter adopted by the Commission having substantially the same purpose and effect as such Rule.