Examples of Principal Transaction in a sentence
If such Sales Agent, acting as principal, wishes to accept such proposed terms (which it may decline to do for any reason in its sole discretion) or, following discussions with the Company, wishes to accept amended terms, the Company and such Sales Agent shall enter into a Terms Agreement setting forth the terms of such Principal Transaction.
If the Company wishes to issue and sell the Issuance Shares pursuant to this Agreement on a principal basis to a Sales Agent, it will notify the applicable Sales Agent of the proposed terms of the Principal Transaction.
Any lock-up provisions relating to a Principal Transaction shall be set forth in the applicable Terms Agreement.
Each sale of the Issuance Shares to a Sales Agent in a Principal Transaction shall be made in accordance with the terms of this Agreement and a Terms Agreement, which shall provide for the sale of such Issuance Shares to, and the purchase thereof by, such Sales Agent.