Placement Rights definition

Placement Rights shall have the meaning given in the Recitals hereto.
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Placement Rights mean the rights included within the Placement Units.
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Placement Rights are to the rights included in the Placement Units entitling the holder thereof to receive one-tenth (1/10) of a share of common stock upon consummation of our initial business combination, subject to adjustment as described in the Company’s prospectus.
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Examples of Placement Rights in a sentence

  • The Company has entered into a rights agreement with respect to the Rights, the Representative’s Rights, the Placement Rights and the Additional Placement Rights with Continental Stock Transfer & Trust Company, substantially in the form filed as an exhibit to the Registration Statement (the “Rights Agreement”).

  • The Company will reserve and keep available that maximum number of its authorized but unissued securities which are issuable upon conversion of the Rights and the Placement Rights outstanding from time to time.

  • The shares of Common Stock underlying the Placement Rights and the Additional Placement Rights have been reserved for issuance upon the conversion of the Placement Rights and the Additional Placement Rights, when issued in accordance with the terms of the Placement Rights and the Additional Placement Rights, will be duly and validly authorized, validly issued, fully paid and non-assessable, and the holders thereof are not and will not be subject to personal liability by reason of being such holders.

  • The Placement Units, the shares of Common Stock and the Rights included in the Placement Units (the “Placement Rights”), and the shares of Common Stock underlying the Placement Rights are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering.

  • The Company will reserve and keep available that maximum number of its authorized but unissued securities which are issuable upon exercise of the Warrants, the Representative’s Purchase Option, Representative’s Warrants, the Placement Warrants, the Additional Placement Warrants, and upon conversion of Rights and Representative’s Rights, the Placement Rights and the Additional Placement Rights outstanding from time to time.

  • The Additional Placement Units, the shares of Common Stock and the Rights included in the Additional Placement Units (the “Additional Placement Rights”) and the shares of Common Stock issuable upon conversion of the Additional Placement Rights are hereinafter referred to collectively as the “Additional Placement Securities.” Each Additional Placement Unit shall be identical to the Units sold in the Offering.

  • The Placement Rights are identical to the Rights sold as part of the Units in the Offering, subject to limited exceptions.

  • The Company has entered into a rights agreement with respect to the Rights and the Placement Rights with Vstock Transfer LLC, substantially in the form filed as an exhibit to the Registration Statement (the “Rights Agreement”).

  • The Ordinary Shares underlying the Placement Warrants and Placement Rights have been reserved for issuance upon the exercise of the Placement Warrants and Placement Rights and, when issued in accordance with the terms of the Placement Warrants and the terms of the Placement Rights, will be duly and validly authorized, validly issued, fully paid and non-assessable, and the holders thereof are not and will not be subject to personal liability by reason of being such holders.

  • The Company will reserve and keep available that maximum number of its authorized but unissued securities which are issuable as the Representative’s Common Stock and the Deferred Equity, and upon conversion of Rights, the Placement Rights and the Additional Placement Rights outstanding from time to time.


More Definitions of Placement Rights

Placement Rights means the Rights underlying the Placement Units.
Sample 1
Placement Rights means the Rights to receive one-tenth of one share of common stock at the closing of a Business Combination; (vi) “Public Stockholders” shall mean the holders of securities issued in the Public Offering; (vii) “Trust Account” shall mean the trust fund into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Units shall be deposited; (viii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (ix) “Rights” shall mean the Placement Rights and Public Rights.
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Related to Placement Rights

  • Development rights means any right or combination of rights reserved by a declarant in the declaration to:

  • Placement Units shall have the meaning given in the Recitals hereto.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Placement Warrants shall have the meaning given in the Recitals hereto.

  • SPAC Warrants means SPAC Private Warrants and SPAC Public Warrants, collectively.

  • Placement Shares shall have the meaning given in the Recitals hereto.

  • Sponsors’ Warrants means the warrants that are being sold privately by the Company simultaneously with the consummation of the IPO; and (vi) “Trust Fund” shall mean the trust fund into which a portion of the net proceeds of the Company’s IPO will be deposited.

  • Transferable development right means a right to develop and use land that

  • Placement Agreement means the Placement Agreement relating to the offering and sale of Capital Securities in the form of Exhibit C.

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.

  • CHESS Approved Securities means securities of the Company for which CHESS approval has been given in accordance with the ASX Settlement Operating Rules;

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Rights Offering Shares means the shares of New Common Stock (including all Unsubscribed Shares purchased by the Commitment Parties pursuant to this Agreement) distributed pursuant to and in accordance with the Rights Offering Procedures.

  • Adjustment Right means any right granted with respect to any securities issued in connection with, or with respect to, any issuance or sale (or deemed issuance or sale in accordance with Section 2) of shares of Common Stock (other than rights of the type described in Section 3 and 4 hereof) that could result in a decrease in the net consideration received by the Company in connection with, or with respect to, such securities (including, without limitation, any cash settlement rights, cash adjustment or other similar rights).

  • Registered Offering Transaction Documents means this Agreement and the Registration Rights Agreement between the Company and the Investor as of the date herewith.

  • Offering Shares means the shares of Common Stock included in the Units issued pursuant to this Agreement and Investor Warrant Shares.

  • Insider Warrants is defined in the preamble to this Agreement.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2018-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2018-1 Vehicle for which the related 2018-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2018-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Broker Warrants has the meaning ascribed to such term in Section 12 hereof;

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Approved Securities means securities of any State Government or of the Central Government and such bonds, both the principal whereof and the interest whereon shall have been fully and unconditionally guaranteed by any such Government;

  • Series D Warrants means series D share purchase warrants of the Corporation issued to RTIH on May 22, 2012 in connection with the 2012 Rights Offering in accordance with the 2012 MoA, the terms of which are more particularly described under the heading “General Development of the Business – Agreements with the Rio Tinto Group – 2012 MoA”.

  • Private Placement Warrants Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Subsequent Placement means the sale, grant of any option to purchase, or other disposition of by the Company, directly or indirectly, of any of the Company’s or its Subsidiaries’ equity or equity equivalent securities, including, without limitation, any Convertible Securities, Options, preferred stock or other instrument or security that is, at any time during its life and under any circumstances, convertible into or exchangeable or exercisable for Common Stock or Convertible Securities or Options.

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • Private Warrants means the Warrants the Investors are privately purchasing simultaneously with the consummation of the Company’s initial public offering.