Rights Shares definition

Rights Shares means the shares of Common Stock issuable or issued upon the exercise of the Rights.

Rights Shares means the shares of Series E Preferred Stock issuable upon exercise of the Series E Purchase Rights and the shares of the Common Stock issuable upon conversion of such shares of Series E Preferred Stock.

Rights Shares has the meaning assigned to it in the Preamble.

Examples of Rights Shares in a sentence

• The net proceeds (i.e, net of fees, commissions and expenses incurred in connection with the sale) from the resales of the Rights Shares of Sxxxxxxxx shall not exceed an aggregate of $2,259,747.50 (the “Resales Cap”).

• Within two (2) Trading Days of the end of any week of any resales of Rights Shares by Sxxxxxxxx or any of its Affiliates (as defined below), Smithline shall provide to the Company a statement showing the number of Rights Shares sold and the net proceeds received by Sxxxxxxxx.

• Any Right, if properly assigned in accordance herewith, may be exercised by such assignee for the issue of Rights Shares without having a new agreement executed.

• The Rights and the Rights Shares shall have such terms and conditions as set forth in this Section 3.

• At such time as Sxxxxxxxx is able to resell the Rights Shares in accordance with the provisions of Rule 144 of the Securities Act, Sxxxxxxxx agrees to limit the resales of such shares in the public market such that without the Company’s consent Smithline will not sell on any Trading Day in excess of 20% of the number of shares sold on such Trading Day.

More Definitions of Rights Shares

Rights Shares is defined in the recitals to this Agreement.

Rights Shares means shares of Common Stock issued and sold in the Rights Offering. “Securities Act” means the Securities Act of 1933, as amended.

Rights Shares means the Common Shares issuable under the Rights;

Rights Shares shall include any such Pre-Funded Warrants and the shares of Common Stock issuable upon exercise of such Pre-Funded Warrants, as the context may require.

Rights Shares. Common Stock", "New Securities" and similar terms to describe the purchase of shares of Common Stock in the Rights Offering shall be deemed to refer to such shares of Series C Preferred Stock). The difference between the amount of shares of Common Stock subscribed for by the Company's stockholders (including the Investors) in the Rights Offering and the amount of Net Authorized Shares is referred to herein as the "Shortfall Amount". For purposes of clarity, pursuant to Section 2.1(b) and this Section 2.1(c), the Investors will buy a number of shares of Common Stock, Common Stock issuable upon conversion of the Series C Preferred Stock, or a combination of the two, equal to the amount obtained by dividing $35,000,000 by the Subscription Price.

Rights Shares has the meaning ascribed to it in the recitals.

Rights Shares has the meaning set forth in Section 6.6(f)(ii).