Examples of Reserved Common Shares in a sentence
Upon the issuance and delivery of the Reserved Common Shares in accordance with the terms of this Agreement, the Reserved Common Shares will be validly issued and outstanding, fully paid and nonassessable and not subject to preemptive or any other similar rights of the stockholders of the Corporation or others.
Upon surrender by the Investor to the Corporation of shares of Series A-1 Preferred Stock or Reserved Common Shares acquired by such Investor hereunder, the Corporation, at its expense, will issue in exchange therefor, and deliver to such Investor, a new certificate or certificates representing such shares in such denominations as may be requested by such Investor.
Upon the issuance and delivery of the Reserved Common Shares in accordance with the terms of this Agreement, the Reserved Common Shares will be validly issued and outstanding, fully paid and nonassessable and, except as may be set forth in the Stockholders’ Agreement, not subject to preemptive or any other similar rights of the stockholders of the Corporation or others.
The clear zone and structures/amenities within a shared court must be arranged and designed to provide a clear path that can be followed by a cane from the public street to doorways, without hazards such as overhanging trees or other projections at head height.
Upon surrender by any Investor to the Corporation of shares of Series B Preferred Stock or Reserved Common Shares issued upon conversion of any Series B Preferred Stock purchased or acquired by such Investor hereunder, the Corporation, at its expense, will issue in exchange therefor, and deliver to such Investor, a new certificate or certificates representing such shares in such denominations as may be requested by such Investor.
The authorization, reservation, issuance, sale and delivery, as applicable, of the Notes, the Reserved Common Shares and the Preferred Shares have been duly and validly authorized by all requisite action on the part of the Company.
Assuming the accuracy of the representations of the Purchasers in Section 4.2, the offering, sale, and issuance of the Purchased Notes, the Preferred Shares and the Reserved Common Shares, as the case may be, will be, exempt from registration under the Securities Act and applicable state securities laws and the rules and regulations promulgated thereunder.
The Company shall have reserved the Reserved Common Shares for issuance upon conversion of the Notes, the Series B Preferred Shares and the Series D Preferred Shares.
Upon any transfer of the Notes or the Reserved Common Shares, the transferee shall be bound by, and entitled to the benefits of, this Agreement with respect to such transferred Securities in the same manner as the transferring Purchaser.
The Notes, the Preferred Shares and the Additional Notes, if any, and the Reserved Common Shares (assuming the issuance thereof in accordance with the applicable terms of the Notes, Series B Preferred Shares and the Series D Preferred Shares), will be duly and validly issued and outstanding, fully paid and nonassessable, with no personal Liability attaching to the ownership thereof and not subject to any preemptive rights, rights of first refusal or other similar rights of the stockholders of the Company.