Examples of Initial Closing Securities in a sentence
For the avoidance of doubt, if this Agreement is terminated for any reason after the Initial Closing occurs and prior to the Second Closing, the Investor shall not be required to return any of the Initial Closing Securities or pay the Second Purchase Price Payment, nor shall the Company be required to return any of the Initial Purchase Price Payment or issue the Second Closing Securities.
Every cherry grower in the world knows that cherries have to be kept cold after harvest to maintain quality.
This also applies to all frames and bases (if made of wood), unless they fall under Rule 13/13a.
The possibility of a positive covariance term in the general investment wedge implies that parents might front-load investments relative to the FI model, as opposed to delaying them as they do in the simplified case.
The Preferred Shares and the Warrants to be issued in the Milestone Closing are collectively referred to herein as the “Milestone Securities” and, together with the Initial Closing Securities, are referred to herein as the “Securities” .
Such Investor has secured firm commitments from its limited partners for sufficient funding to purchase the Initial Closing Securities, which commitments are not subject to any conditions other than any condition contained in this Agreement.
Each Investor’s Initial Subscription Amount and Initial Closing Securities is set forth next to such Investor’s name on Schedule A hereto.
The Common Shares, Warrants and Preferred Shares to be issued in the Initial Closing are collectively referred to herein as the “ Initial Closing Securities ”.