Rebate Shares definition
Examples of Rebate Shares in a sentence
The Undersigned hereby covenants as follows, and makes the following representations and warranties on its own behalf and where specified below, on behalf of each Holder, each of which is and shall be true and correct on the date hereof, on each Conversion Date or Optional Conversion Date, as the case may be, and on each True-Up Date, to the Company, and all such covenants, representations and warranties shall survive the Note Deliveries, the Issuances and any delivery of Rebate Shares.
The Company hereby makes the following representations and warranties, each of which is and shall be true and correct on the date hereof, on each Conversion Date or Optional Conversion Date, as the case may be, and on each True-Up Date, and all such representations and warranties shall survive the Note Deliveries, the Issuances and any delivery of Rebate Shares.
The Undersigned and each Holder acknowledges that, upon payment of the Conversion Consideration and, if applicable, True-Up Shares to such Holder as contemplated by this Agreement, the obligations of the Company to such Holder under the Conversion Notes will have been satisfied in full, notwithstanding any delivery of Rebate Shares pursuant to the terms of this Agreement.