Preferred Investment Option definition

Preferred Investment Option means this Preferred Investment Option and other Common Stock preferred investment options issued by the Company pursuant to the Letter Agreement.
Preferred Investment Option means this Preferred Investment Option and other Common Stock preferred investment options issued by the Company pursuant to the Letter Agreement. 2
Preferred Investment Option means, collectively, the Preferred Investment Option delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Preferred Investment Option shall be exercisable commencing six months following the date of issuance and have a term equal to three and one-half (3.5) years, in the form of Exhibit A-2 attached hereto.

Examples of Preferred Investment Option in a sentence

  • The Company further covenants that its issuance of this Preferred Investment Option shall constitute full authority to its officers who are charged with the duty of issuing the necessary Preferred Investment Option Shares upon the exercise of the purchase rights under this Preferred Investment Option.

  • The Company agrees that monetary damages would not be adequate compensation for any loss incurred by reason of a breach by it of the provisions of this Preferred Investment Option and hereby agrees to waive and not to assert the defense in any action for specific performance that a remedy at law would be adequate.

  • The limitations contained in this paragraph shall apply to a successor holder of this Preferred Investment Option.

  • The Holder and the Company shall maintain records showing the number of Preferred Investment Option Shares purchased and the date of such purchases.

  • The headings used in this Preferred Investment Option are for the convenience of reference only and shall not, for any purpose, be deemed a part of this Preferred Investment Option.

  • The Holder, in addition to being entitled to exercise all rights granted by law, including recovery of damages, will be entitled to specific performance of its rights under this Preferred Investment Option.

  • The Company may deem and treat the registered Holder of this Preferred Investment Option as the absolute owner hereof for the purpose of any exercise hereof or any distribution to the Holder, and for all other purposes, absent actual notice to the contrary.

  • Wherever possible, each provision of this Preferred Investment Option shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Preferred Investment Option shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provisions or the remaining provisions of this Preferred Investment Option.

  • No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Preferred Investment Option.

  • Partial exercises of this Preferred Investment Option resulting in purchases of a portion of the total number of Preferred Investment Option Shares available hereunder shall have the effect of lowering the outstanding number of Preferred Investment Option Shares purchasable hereunder in an amount equal to the applicable number of Preferred Investment Option Shares purchased.

Related to Preferred Investment Option

  • Investment Option means any of the guaranteed investments and variable investment funds available under the Plan.

  • Investment Options means the investment options, as determined from time to time by the Committee, used to credit earnings, gains and losses on Account balances.

  • covered investment means, with respect to a Party, an investment in its territory of an investor of the other Party in existence as of the date of entry into force of this Treaty or established, acquired, or expanded thereafter.

  • Reinvestment Deferred Amount means, with respect to any Reinvestment Event, the aggregate Net Cash Proceeds received by the Borrower or any of its Subsidiaries in connection therewith that are not applied to prepay the Loans pursuant to Section 2.09(b) as a result of the delivery of a Reinvestment Notice.

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • PIPE Investment has the meaning specified in the Recitals hereto.

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • Investment Date means the date of the Investment Commitment Closing.

  • Qualified equity investment means any equity investment in, or long-term debt security issued by, a qualified community development entity that:

  • Investment Return means the investment return payable in respect of the Bond in accordance with Clause 5 Returns.

  • Qualifying investment means costs that are directly related to a qualifying redevelopment project and that are incurred after the project has been registered and approved by the board. “Qualifying investment” only includes the purchase price, the cleanup costs, and the redevelopment costs.

  • Investment Amount means the dollar amount to be invested by Investor to purchase Put Shares with respect to any Put as notified by the Company to Investor in accordance with Section 2.2.