Purchased Securities definition

Purchased Securities has the meaning assigned in the Terms;

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Purchased Securities the Securities transferred by Seller to Buyer in a Transaction hereunder, and any Securities substituted therefor in accordance with Paragraph 9 hereof. The term "Purchased Securities" with respect to any Transaction at any time also shall include Additional Purchase Securities transferred pursuant to Paragraph 4(a) and shall exclude Securities returned pursuant to Paragraph 4(b);

Purchased Securities with respect to any Transaction at any time also shall include Additional Purchased Securities delivered pursuant to Paragraph 4(a) hereof and shall exclude Securities returned pursuant to Paragraph 4(b) hereof;

Examples of Purchased Securities in a sentence

Such substitution shall be made by transfer to Buyer of such other Securities and transfer to Seller of such Purchased Securities.
Notwithstanding any other terms agreed orally or in any writing, the parties agree that Party A, when acting as Buyer, will not exercise any Voting Rights with respect to the selection or removal of a general partner, managing member, member of the board of directors or trustees, investment manager, investment adviser, commodity trading advisor or any person or entity performing a substantially similar function of the issuer of any Purchased Securities subject to an Affected Transaction (as defined above).
Buyer shall not be obligated to take any action pursuant to the preceding sentence (A) to the extent that such action would result in the creation of a Margin Deficit, unless prior thereto or simultaneously therewith Seller transfers to Buyer cash or Additional Purchased Securities sufficient to eliminate such Margin Deficit, or (B) if an Event of Default with respect to Seller has occurred and is then continuing at the time such Income is paid or distributed.
After substitution, the substituted Securities shall be deemed to be Purchased Securities.
The “Beneficial Ownership Limitation” shall be 4.99% (or, at the election of the Purchaser at Closing, 9.99%) of the number of shares of the Common Stock outstanding immediately after giving effect to the issuance of the Purchased Securities on the Closing Date.

More Definitions of Purchased Securities

Purchased Securities means the Units purchased under this Subscription Agreement;

Purchased Securities has the meaning set forth in Section 2.1.

Purchased Securities means the Common Shares and Warrants comprising the Purchased Units and the Common Shares issuable upon the exercise of such Warrants;

Purchased Securities means the Shares and the Warrant Shares.

Purchased Securities has the meaning set forth in the Recitals.

Purchased Securities means the Note and the Warrant.

Purchased Securities means the Common Shares which the Subscriber has agreed to purchase under this Agreement;