Examples of Originally Issued Shares in a sentence
For so long as TPG is the Beneficial Owner of at least 40% of the Originally Issued Shares, the Company shall not, and the Investors shall use best efforts to cause the Company not to, take any action prohibited by Section 11(d) of the Series B Articles of Amendment.
Subject to Section 7.04, -------------------------- ------------ if and whenever the Company issues any New Securities, each Investor holding at least 10% of the Originally Issued Shares will have the right, but not the obligation, to purchase such New Securities up to an amount sufficient to permit it to maintain its percentage common equity interest in the Company (based on the Number of Common Shares Outstanding immediately prior to the issuance of the New Securities).
For so ------------------------------------------------------- long as TPG is the Beneficial Owner of at least 40% of the Originally Issued Shares, the Company shall not, and the Investors shall use best efforts to cause the Company not to, take any action prohibited by Section 11(e) of the Series B ------------- Articles of Amendment.
The Originally Issued Shares to be issued in connection with the Transaction, when issued in accordance with the terms and provisions of this Agreement, will be duly authorized, fully paid and non-assessable and will not be subject to any preemptive or other statutory rights of stockholders and will be issued in compliance with applicable United States federal and state securities laws.
For so long as TPG is the Beneficial Owner of at least forty percent (40%) of the Originally Issued Shares, at least one-third of the members of each and every committee of the Board shall be comprised of Series B Directors unless compliance with this Section 7.6 would result in a breach by the Company of the listing requirements of The Nasdaq Stock Market.
Subject to Section 7.04, if and whenever the Company issues any New Securities, each Investor holding at least 10% of the Originally Issued Shares will have the right, but not the obligation, to purchase such New Securities up to an amount sufficient to permit it to maintain its percentage common equity interest in the Company (based on the Number of Common Shares Outstanding immediately prior to the issuance of the New Securities).