Initial Parent Shares definition
Examples of Initial Parent Shares in a sentence
If an Equity Shortfall Notice is delivered to MHRx, MHRx shall have the option, exercisable in its sole discretion, to elect to reduce the Initial Cash Merger Consideration by the Equity Shortfall Amount and increase the number of Initial Parent Shares by a number of shares of Parent Common Stock equal to the Equity Shortfall Amount divided by $20.
Each Person who is issued Initial Parent Shares shall have a proportionate interest in the Escrow Shares and the Escrow Cash deposited in the Escrow Fund (the amount of such proportionate interests to be provided to Parent by MHRx not later than two (2) Business Days prior to the Closing Date).
Parent shall, subject to Section 2.7, keep the Initial Registration Statement, once effective, continuously effective to the extent provided in clause (ii) below, until all Initial Parent Shares covered thereby have ceased to be Registrable Securities.
MHRx agrees to use its commercially reasonable efforts to provide Parent with such documents and information as it may reasonably request in connection with the issuance of such Initial Parent Shares, including completed Forms W-9 or, if applicable, appropriate Forms W-8 for each MHRx member who receives the Initial Parent Shares and information with respect to each MHRx member for Parent’s stock records.
MHRx agrees to use its commercially reasonable efforts to provide Parent with such documents and information as it may reasonably request in connection with the issuance of such Initial Parent Shares, including completed Forms W-9 or, if applicable, appropriate Forms W-8 for each MHRx member who receives the Initial Parent Shares and information with respect to each MHRx member for Parent's stock records.
As used in this Agreement, "Transfer" means the making of any sale, exchange, assignment, hypothecation, gift, security interest, pledge or other encumbrance, or any agreement therefor, any voting trust or other agreement or arrangement with respect to the transfer of voting rights or any other transfer or disposition whatsoever, whether voluntary or involuntary, affecting the right, title, interest or possession in or to such Initial Parent Shares.
These two examples share a common approach: classical data is encoded using properties of the Hilbert space structure used to describe quantum data.
Upon such surrender and delivery, Parent shall deliver to such Shareholder such Shareholder's Pro Rata Share of the Cash Consideration and the Initial Parent Shares as set forth in the Payment Schedule.
The recent scandal involving the star of the German fintech industry – Wirecard – constitutes a good example of the risks posed by the alleged failings in the multidisciplinary cooperation between authorities due to, among others, the blurred lines between financial and non-financial sector.
The certificates issued by Parent with respect to the Initial Parent Shares shall include the legend set forth below and such other such legends as may be reasonably necessary to comply with applicable U.S. federal securities laws and applicable “blue sky” laws.