New Equity Investment definition
Examples of New Equity Investment in a sentence
The New Equity Investment Interests will not be registered under the Securities Act and may not be transferred or resold except as permitted under the Securities Act and other applicable securities laws, pursuant to registration or exemption therefrom, as well as contractual restrictions on transfer contained in the New LLC Agreement.
Purchaser agrees and acknowledges that it will not, directly or indirectly, offer, transfer, sell, assign, pledge, hypothecate or otherwise dispose of any New Equity Investment Shares, or solicit any offers to purchase or otherwise acquire or take a pledge of any New Equity Investment Shares, except in compliance (including an exemption therefrom) with the Securities Act of 1933, as amended (the "Securities Act"), and the rules and regulations thereunder.
Immediately following consummation of the transactions contemplated by this Agreement and consummation of the New Equity Investment and the Restructuring, the issued and outstanding capital stock of the Company in the amounts held beneficially and of record shall be as set forth on Schedule III hereto.
The Company shall have adopted and provided to the Investor a ‘Cash Management Plan’ incorporating the conditions as set forth in Annexure A (Cash Management Plan and Use of Proceeds) that covers the use of proceeds from the subscription of the Subscription Shares by the Investor and cash management until completion of New Equity Investment, and such Cash Management Plan shall be in form acceptable to the Investor at its sole discretion.
The Company hereby agrees to use its best efforts to comply with all state securities or "blue sky" laws which might be applicable to the sale of New Equity Investment Shares to the Purchasers or, as the case may be, the Guarantors.