Insider Securities definition

Insider Securities means the warrants owned by the Investors prior to the Company’s initial public offering. “Investor” and “Investors” are defined in the preamble to this Agreement.

Insider Securities means all units, shares of common stock and warrants of the Company owned by all of the Insiders prior to the IPO, including all units, shares of common stock and warrants issued in the private placement immediately prior to the IPO; and

Insider Securities means the Insider Warrants and the shares of Common Stock underlying the Insider Warrants.

Examples of Insider Securities in a sentence

• The Securities and Insider Securities are not and will not be subject to the preemptive rights of any holders of any security of the Company arising by operation of law or under the Certificate of Incorporation or Bylaws of the Company.

• Pursuant to the Subscription Agreement, the Insider Purchasers have placed the purchase price for the Insider Securities in escrow prior to the date hereof.

• On the Closing Date, the Insider Purchasers shall have purchased the Insider Securities and the purchase price for such Insider Securities shall be deposited into the Trust Fund.

• Pursuant to the Subscription Agreements, the Insider Purchasers have placed the purchase price for the Insider Securities in escrow prior to the date hereof.

• A single claim in construction can vary significantly in value usually as low as£250; spanning hundreds and millions of pounds (£) in a single project (LCIA, 2018).

More Definitions of Insider Securities

Insider Securities is defined in the recitals to this Agreement; provided, that any such Insider Securities shall cease to be Insider Securities when: (a) a Registration Statement with respect to the sale of such securities shall have become effective under the Securities Act (as defined below) and such securities shall have been sold, transferred, disposed of or exchanged in accordance with such Registration Statement; (b) such securities shall have been otherwise transferred pursuant to Rule 144 of the Securities Act (or any similar provisions thereunder, but not Rule 144A), and new certificates for them not bearing a legend restricting further transfer shall have been delivered by the Company and subsequent public distribution of them shall not require registration under the Securities Act; or (c) such securities shall have ceased to be outstanding.

Insider Securities means the Units and Warrants being purchased by 00xx Xxxxxx LLC simultaneously with the consummation of the Company’s initial public offering.

Insider Securities means all of the shares of common stock, Class W Warrants and Class Z Warrants (and all shares of common stock underlying such securities) of the Company owned by an Insider prior to the IPO; and (iv) “Trust Fund” shall mean that portion of the net proceeds of the IPO placed in trust for the benefit of the holders of the shares of Class B common stock issued in the Company’s IPO as contemplated by the Company’s prospectus relating to the IPO.

Insider Securities means the warrants being purchased privately by certain of the Investors simultaneously with the consummation of the Company’s initial public offering and the ordinary shares underlying such warrants.

Insider Securities means the Insider Warrants, the securities underlying the Convertible Loans, and all securities underlying the foregoing.

Insider Securities as used herein shall mean securities of the Company issued to and held by, or subject to options held by, any current or former executive employee, advisor or consultant of the Company or member of its Board of Directors (Insiders").

Insider Securities means the Insider Shares, Insider Warrants and Insider Warrant Shares, collectively.