Examples of New Purchasers in a sentence
New Purchasers may include persons or entities who are already Purchasers under this Agreement.
The Company may not assign (except by merger) its rights or obligations hereunder without the prior written consent of all of the New Purchasers of the then-outstanding Securities.
The Company shall consult with the New Purchasers in issuing any other press releases with respect to the transactions contemplated hereby.
Concurrently herewith, the Company shall deliver to the New Purchasers an opinion of outside counsel regarding this Agreement and the issuance of the New Debentures and New Warrants in form and substance reasonably acceptable to the New Purchasers.
The Asset Interests of the Purchasers shall be reallocated among all Purchasers (including the New Purchasers) such that the Asset Interests of each Purchaser on the Increase Effective Date shall be consistent with such Purchaser’s new Pro Rata Share on such date.
The rights and obligations of the New Purchasers and of the Company with respect to the New Debentures, the New Warrants and the shares of Common Stock issuable under the New Debentures and New Warrants (the “New Underlying Shares”) shall be identical in all respects to the rights and obligations of such New Purchaser and of the Company with respect to the Debentures, the Warrants and the Underlying Shares issued and issuable pursuant to the Purchase Agreement.
The Company hereby acknowledges its receipt of the New Subscription Amounts from each of the New Purchasers on the dates set forth on the signature page hereto.
Except as expressly set forth above, all of the terms and conditions of the Transaction Documents shall continue in full force and effect after the execution of this Agreement and shall not be in any way changed, modified or superseded by the terms set forth herein, including, but not limited to, any other obligations the Company may have to the New Purchasers under the Transaction Documents.
On the Amendment Effective Date each entity identified on the signature pages hereto as a "New Purchaser" shall be and become a Purchaser hereunder having a Commitment equal to the amount set forth opposite such New Purchaser's name on Schedule I hereto and each entity identified on the signature pages hereto as a "Withdrawing Purchaser" shall cease to be a Purchaser except to the extent expressly provided otherwise herein.
Each of the New Purchasers, upon such New Purchaser’s execution of a counterpart signature page to this Amendment, is hereby made a party to the Agreement, with all of the rights, and subject to all of the obligations, of a Purchaser.