Examples of Purchaser Consideration in a sentence
The Purchaser Consideration Shares, when issued and delivered in accordance with the terms and for the consideration set forth in this Agreement, will be duly authorized and validly issued, fully paid and non-assessable, and will be free and clear of any Encumbrances and restrictions on transfer other than any restrictions or conditions on transfer under this Agreement, Purchaser’s Constitutional Documents, each as amended, and under applicable Laws.
After the Lock-up Period and upon the request of the Seller, the Purchase shall use its best efforts to facilitate the conversion of the Purchaser Consideration Shares into ADSs in accordance with ADS conversion procedures of the Depositary.
The Purchaser Consideration Shares or the Subject Shares, which are subject to the lock-up under this Section 5.11, may be released at any time prior to the expiration of the Lock-up Period if there is a written consent of the Purchaser or the Seller, as applicable, for the release of such shares.
All restrictions with respect to shares of Seller Common Stock to be converted into the right to receive Purchaser Consideration that were issued in restricted stock awards pursuant to the Seller's Amended and Restated Executive Incentive Stock Option Plan shall lapse immediately prior to the Effective Time.
A wire transfer of immediately available funds payable to Seller or its order in the amount of the Purchaser Consideration.
Guarantors hereby unconditionally and irrevocably guarantee in favour of Corporation the due and punctual payment and performance by Purchaser of each and every obligation of Purchaser hereunder, including the payment of the aggregate Purchaser Consideration payable to Shareholders in accordance with the terms of this Agreement and the Plan of Arrangement and the payment of the Reverse Termination Fee (as applicable).
By: [●] ANNEX A Purchaser Consideration Delivered by Purchaser to Company Securities Purchased by Purchaser [●] $[●] a) [●] common shares of Brazil Minerals, Inc.
As full consideration for the purchase of the Data, Purchaser shall pay Seller the amount of Four Hundred Thousand Dollars ($400,000.00) ("Cash Payment") and 159,236 shares of common stock of Purchaser, par value $0.001, subject to equitable adjustment in the event that, prior to the Closing Date, there is any share split, subdivision, combination, share dividend, extraordinary dividend or reorganization involving shares of common stock of Purchaser ("Consideration Shares").
As of the Effective Time, all certificates formerly representing Seller Preferred Stock shall be deemed canceled and shall not represent an equity interest in the Surviving Corporation, and from and after the Closing shall represent only the right to receive the Purchaser Consideration to which the holders thereof are entitled in accordance with the terms of this Agreement.
Upon a written request by Purchaser provided to Corporation at least 10 Business Days before the anticipated Effective Date, Corporation will consider and determine in good faith, but in its sole discretion, if it has available cash on hand that can be reasonably advanced to the Purchaser to be used by the Purchaser for the purposes of paying a portion of the Purchaser Consideration in accordance with Section 2.9 and the Plan of Arrangement.