Examples of IFX Common Stock in a sentence
IFX shall take all steps required by applicable law and regulation and required under its certificate of incorporation to enable IFX to issue such IFX Common Stock to ITI on the closing date of the Purchase Right, if exercised.
In determining an Investor's Additional Contributions, all amounts contributed by IFX (through IFX/EN) to the capital of the Company on behalf of ITI that consist of proceeds from purchases made hereunder by ITI of shares of IFX Common Stock shall constitute Additional Contributions of ITI, and not of IFX.
IFX also shall cause its Board of Directors to adopt a resolution authorizing ITI, if it becomes an "interested stockholder" of IFX as defined in Section 203 of the DGCL, to vote, for all purposes, all shares of IFX Common Stock ITI receives.
Upon termination of this Agreement and/or deletion of the restrictions on transfer contained herein, the Company or IFX, as applicable, shall issue new certificates representing shares of Company Common Stock or IFX Common Stock that do not contain the foregoing legend, upon surrender to the Company or IFX, as applicable, of the certificates containing the foregoing legend in exchange therefor.
IFX will cause its Board of Directors -------------------------- to adopt a resolution approving all of the transactions contemplated by this Agreement that could be deemed to be a "business combination" as defined in Section 203 of DGCL between IFX and ITI that causes ITI to be considered an "interested stockholder" of IFX as defined in Section 203 of the DGCL, including, without limitation, additional issuances of IFX Common Stock to ITI upon exercise of the Purchase Right.
To be effective, a request for a Demand Registration must be in a writing, signed by the requesting Stockholder and specify the number of shares of IFX Common Stock that such Stockholder desires to register.
Concurrently with execution of this Agreement and upon receipt from and against the payment by ITI of the Subscription Price, IFX will deliver to ITI certificates representing 500,000 shares of IFX Common Stock.
ITI hereby irrevocably subscribes for 500,000 shares of ------------ IFX Common Stock for an aggregate purchase price of one million dollars ($1,000,000) (the "Subscription Price").
At all times from the Effective Date until the exercise of the Purchase Right or expiration of Option Period (including any extensions thereof), IFX agrees to reserve a sufficient number of authorized but unissued shares of IFX Common Stock to enable it to fulfill the Purchase Right.
Each of Lee Casty and ITI agrees to use his/its reasonable best efforts to take xx xxxxx to be taken all actions necessary or advisable to consummate the transaction contemplated hereby, including to vote, or to cause the vote of, all of his/its shares of IFX Common Stock at any annual or special meeting of the stockholders of IFX in favor of the approval by the stockholders of IFX of the transactions contemplated herein and of IFX's execution of this Agreement.