Examples of Investor Securities in a sentence
The Company shall issue the Investor Securities in accordance with Section 42, read with Section 62 (1) (c) of the Act, read with the rules notified thereunder.
It is hereby clarified that the Investor Securities shall be issued by the Company only upon the Company receiving the full Subscription Amount from each of the Investors prior to the Long Stop Date.
The Agreement and the rights and/or obligations herein may be assigned and novated by the Investors to the Person to whom the Investor Securities are sold in terms of the Transaction Documents.
The Founders and the Company shall take all necessary actions, including requisite filings, for the issuance of Investor Securities in this manner, to each of the Investors.
The Parties agree that the remittance of each Investor’s portion of the Subscription Amount in the manner set out in this Agreement shall constitute full and final payment by such Investor for such Investor’s portion of the Investor Securities and shall entitle such Investor to fully paid-up Investor Securities free of all Encumbrances.