PEI Shares definition
Examples of PEI Shares in a sentence
Sellers agree that they will comply with all state and federal securities laws relating to the sale and distribution of PEI Shares issued to them pursuant to this Agreement, including delivering the prospectus provided by PEI for resales pursuant to the Initial Registration Statement or any Additional Registration Statement.
Upon issuance of PEI Shares in accordance with the terms of this Agreement, such PEI's Shares will be validly issued, fully paid and nonassessable and will be issued in conformity with applicable Laws.
No assignment by the Servicer shall become effective until a successor Servicer acceptable to the Depositor and the Trustee shall have assumed in writing the Servicer's responsibilities, duties, liabilities (other than those liabilities arising prior to the appointment of such successor) and obligations under this Agreement.
Except for the payments to be made under Sections 2.2.1(a), (c), (d) and (e), PEI may pay Sellers, at PEI's sole discretion, any Purchase Price payment due under Sections 2.2 and 2.3 (or any portion thereof) by delivering stock certificates representing the number of PEI Shares with an aggregate Per Share Value equal to the applicable payment due.
The number of Eligible Shares that Sellers may sell during any trading day will not exceed 25% of the average daily trading volume of the PEI Shares for the 30 trading days ending on the second trading day prior to the beginning of any Additional Selling Period or Performance-Based Selling Period (if any), as the case may be, excluding any Eligible Shares, if applicable, sold during such measuring period.
Sellers acknowledge that any PEI Shares issued pursuant to this Agreement will bear any and all appropriate state and federal securities law legends.
The Partnership shall cause the Trust to take such actions as are necessary to cause such PEI Shares to be duly authorized and validly issued to Contributor, including registration and listing applications with respect thereto.
As at the close of business on 10 August 2016, being the latest practicable date before this announcement, neither KHP, nor any persons acting in concert with it, hold any PEI Shares.
To the full satisfaction of each Seller, such Seller has been furnished all materials that such Seller has requested relating to the Company and the issuance of the PEI Shares hereunder, and each Seller has been afforded the opportunity to ask questions of representatives of the Company to obtain any information necessary to verify the accuracy of any representations or information made or given to the Sellers.
Energy Visions has received TSXV approval respecting the purchase of the Rabih PEI Shares, conditional upon EVI having sufficient working capital for a 6 month period, thereby necessitating a financing by EVI prior to the completion of the transaction.