Examples of Registration Effectiveness Date in a sentence
Promptly following the Registration Effectiveness Date, the buyer shall deliver to the Escrow Agent a certificate (issued in the name of the Escrow Agent or its nominee) representing the difference, if any, between the Escrow Shares and the Initial Escrow Shares (the "Additional Escrow Shares").
Any automatic conversion under Section D(ii) shall be deemed to occur immediately prior to the close of business on the later to occur of (A) the Stockholder Approval Date or (B) the Registration Effectiveness Date, and the person or persons entitled to receive the shares of Common Stock issuable upon such conversion shall be treated for all purposes as the record holder or holders of such shares of Common Stock on such date.
Such cash payment for fractional Initial Shares shall be made promptly following the Closing Date and such cash payment for fractional Additional Initial Shares shall be made promptly following the Registration Effectiveness Date.
The shares of Series A Preferred Stock shall be automatically converted into fully paid and non-assessable shares of Common Stock, at the then applicable Series A Conversion Rate, upon the later to occur of (A) the Stockholder Approval Date and (B) the Registration Effectiveness Date.
For purposes hereof, "Registration Effectiveness Date" shall mean the date upon which the Securities and Exchange Commission (the "SEC") declares effective a registration statement on Form S-3 or another applicable form, including the prospectus contained therein, filed by the Corporation with the SEC to register for resale the shares of Common Stock issuable upon conversion of the outstanding shares of Series A Preferred Stock.