Examples of Oxy Shares in a sentence
In the event that and so long as the Company shall be a Public Company, it shall file all reports and other information required to be filed by Section 13 or 15(d) under the Exchange Act, as the case may be, within the respective time periods prescribed thereby for the filing of such reports and other information, as shall be necessary in order that the conditions to the availability of Rule 144 in connection with any Sale of Oxy Shares by a Stockholder shall be met.
Any attempt not in compliance with this Agreement to make any Sale of, or create, incur or assume any Encumbrance with respect to, any Oxy Shares shall be null and void and of no force and effect, the purported transferee shall have no rights or privileges in or with respect to the Company, and the Company shall not give any effect in the Company's stock records to such attempted Sale or Encumbrance.
Upon the execution and delivery by such Prospective Transferee of the agreement referred to in the preceding sentence, such Prospective Transferee shall be deemed a Stockholder for purposes of this Agreement and shall have the rights and be subject to the obligations of a Stockholder under this Agreement, in each case with respect to the Oxy Shares beneficially owned by such Prospective Transferee or in respect of which such Encumbrance shall have been created, incurred, assumed or suffered to exist.
The Offer Notice shall identify the Third Party making the Offer, the number and class (or classes) of Oxy Shares with respect to which the Prospective Seller has such an Offer (the "Offered Shares"), the price per Offered Share at which a sale is proposed to be made, determined in accordance with Section 3.04(g) ("Offer Price"), the form of consideration in which the Offer Price is proposed to be paid, and all other material terms and conditions of the Offer.
Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of the Company or any such director, officer or controlling Person and shall survive the transfer of such Oxy Shares by such seller.
Each holder's obligation to contribute pursuant to this Section 4.06 is several in the proportion that the proceeds of the Public Offering received by such holder bears to the total proceeds of the Public Offering received by all the holders of Oxy Shares and not joint.
The Company may require each seller of Oxy Shares as to which any registration is being effected to furnish the Company with such information regarding such seller and the distribution of such Oxy Shares as the Company may from time to time reasonably request in writing in connection therewith.
The CONSULTANT shall include the provisions of the subparagraphs of this clause in every subcontract, including procurements of materials and leases of equipment, unless exempt by the Regulations or directives issued pursuant thereto.
The closing under this Section 4.01 shall take place at the offices of the Company at 10:00 a.m. local time on a date not more than one hundred twenty (120) days after the date the Exchange Notice is received by the holders of the Oxy Shares as the Company shall specify by such notice, or at such other time and place as the Company and the holders of a majority in interest of the Oxy Shares may agree upon.
The holders of a majority in interest of the Oxy Shares will have 20 days from the receipt of such proposed Exchange Ratio and valuations to agree to such Exchange Ratio or negotiate with Holdings an alternative Exchange Ratio.