Examples of Private Placement Common Shares in a sentence
Notwithstanding the foregoing prohibition, the Company may issue a Competing Interest if, prior to or concurrently with such issuance, the Company adjusts the terms of the Purchase Warrants and adjust the cost basis of the private placement common shares by issuing additional shares of common, without additional charge to the holders of the Purchase Warrants or Private Placement Common Shares, to provide terns that are no less advantageous than those of the Competing Interests.
Each certificate, if any, representing the Private Placement Common Shares shall be endorsed with the following legends or a substantially similar legends: The shares represented by this certificate have not been registered under the Securities Act of 1933, as amended (the “Act”), and may not be offered, sold, pledged or otherwise transferred except pursuant to an exemption from registration under the Act, or pursuant to an effective registration statement under the Act.
The Trust hereby agrees to use its commercially reasonable best efforts to cause the Private Placement Common Shares to be listed on the New York Stock Exchange or such other exchange on which the Common Shares are then listed no later than the six-month anniversary of the date of the Closing.
The closing of the purchase and sale of the Private Placement Common Shares hereunder, including each Purchaser’s payment for and delivery of its Private Placement Common Shares, will take place at the offices of the Trust or the Trust’s legal counsel concurrently with, and shall be subject to, the completion of the IPO (the “Closing”).
At the Closing, the Trust shall deliver to each Purchaser one or more certificates evidencing the Private Placement Common Shares, registered in such Purchaser’s or its designee’s name, upon the payment of the Purchase Price applicable to such Purchaser in immediately available funds by wire transfer to an account designated by the Trust.
If a Purchaser shall fail at the closing to purchase the Private Placement Common Shares that such Purchaser is obligated to purchase hereunder, then this Agreement shall be terminated as it relates to such Purchaser, provided that, as between such Purchaser and the Trust, Sections 4 and 12 shall survive such termination and remain in full force and effect.
The Private Placement Common Shares are duly authorized, and when issued, upon proper conversion and in accordance with the terms of the Preferred Stock, will be legally issued, fully paid and non-assessable.
Consists of 36,657,036 shares of Common Stock registered for resale by the Selling Securityholders named in this Registration Statement, comprising (i) 30,298,320 Business Combination Shares, (ii) 515,394 Equity Award Shares, (iii) 1,150,000 Private Shares, (iv) 195,452 Private Placement Common Shares and (v) 4,470,558 Underlying Common Shares (each as defined in this Registration Statement).
The Rights Offering Shares, the Private Placement Common Shares, the Backstop Shares and any shares of Common Stock issuable upon conversion of any Private Placement Preferred Shares at the conversion price specified in the Certificate of Designations as of the Closing shall have been approved for listing on NYSE, subject to official notice of issuance.
At the Closing, the Company shall deliver to each Purchaser one or more certificates evidencing, or book-entry credits representing, the Private Placement Common Shares, registered in such Purchaser’s or its designee’s name, upon the payment of the applicable Purchase Price as set forth in Schedule A hereto by such Purchaser in immediately available funds by wire transfer to an account designated by the Company.