Examples of Initial Securityholder in a sentence
The Insider Shares shall be released upon notice to the Escrow Agent by any Initial Securityholder or the Company that the foregoing requirements have been met.
Each of the Initial Securityholders has executed a letter agreement with the Company, dated as of the date hereof, and the form of which is filed as an exhibit to the Registration Statement (“Insider Letter”), respecting the rights and obligations of such Initial Securityholder in certain events, including but not limited to the liquidation of the Company.
Each of the Initial Securityholders has executed a letter agreement with Chardan and the Company, dated as indicated on Exhibit A hereto, and the form of which is filed as an exhibit to the Registration Statement (“Insider Letter”), respecting the rights and obligations of such Initial Securityholder in certain events, including but not limited to the liquidation of the Company.
This Agreement is the joint product of the Initial Securityholder and the Company and each provision hereof has been subject to the mutual consultation, negotiation and agreement of such parties and shall not be construed for or against any party hereto.
This Agreement and the provisions hereof shall be binding upon and shall inure to the benefit of each of the parties and its successors and the permitted assigns of the Initial Securityholder or holder of Registrable Securities or of any assignee of the Initial Securityholder or holder of Registrable Securities.
Each party hereby irrevocably and unconditionally waives the right to a trial by jury in any action, suit, counterclaim or other proceeding (whether based on contract, tort or otherwise) arising out of, connected with or relating to this Agreement, the transactions contemplated hereby, or the actions of the Initial Securityholder in the negotiation, administration, performance or enforcement hereof.
Palm Grove House, Palm Grove Park Road Town, Tortola, VG1110, British Virgin Islands To the Initial Securityholder, to: FWAC Holdings Limited Post Box 4649, Palm Grove House, Palm Grove Park Road Town, Tortola, VG1110, British Virgin Islands Attn: Chief Financial Officer and in either case, with a copy to (which shall not constitute notice): Ellenoff Xxxxxxxx & Schole LLP 000 Xxxx 00xx Xxxxxx, 00xx Xxxxx Xxx Xxxx XX 00000 Attn: Xxxxxxx X.
The provisions of this Agreement, including the provisions of this sentence, may not be amended, modified or supplemented, and waivers or consents to departures from the provisions hereof may not be given without the prior written consent of the Company and the Initial Securityholder.
The Initial Securityholder also hereby agrees that for a period of three (3) years after the date hereof, the Initial Securityholder shall vote any and all Ordinary Shares it holds at the time of the applicable vote in favor of any and all nominees to the Board of Directors of the Company that are nominated by the then existing Board of Directors of the Company and/or by Bimini Capital Management, Inc.
Initial Securityholder and the Company desire to enter into this Agreement to provide the Initial Securityholder with certain rights relating to the registration of the Initial Shares, the registration of the Insider Warrants and the registration of the New Sponsor Warrants.