Examples of Second Closing Purchasers in a sentence
Subject to applicable securities laws, each of the Initial Purchasers and Second Closing Purchasers may assign any of its rights under this Agreement to any of its Affiliates but any such assignment shall not relieve any Initial Purchaser or Second Closing Purchaser from its obligations hereunder.
At the Second Closing, Purchasers as holders of the Subsequent Exchanged Shares shall have no rights as holders of such Subsequent Exchanged Shares, other than the right to receive Subsequent New Shares in accordance with this Agreement.
From and after the issuance of such press release, the Company represents to the Second Closing Purchasers that it shall have publicly disclosed all material, non-public information delivered to any of the Second Closing Purchasers by the Company or any of its Subsidiaries, or any of their respective officers, directors, employees or agents in connection with the transactions contemplated by the Transaction Documents and this Agreement.
A second closing of the purchase and sale of the Units to the Purchasers (the "Second Closing Purchasers") designated on Exhibit A as participating in the Second Closing (the "Second Closing") shall be at the offices of Xxxxxxx, Carton &Douglas, 000 Xxxxx Xxxxx Xxxxxx, Chicago, Illinois at 12:00 noon Chicago Time on April 15, 2002, or such other date or time as the Company and the Second Closing Purchasers may mutually agree ("Second Closing Date").
Subject to the terms and conditions of this Agreement, the closing of the sale and purchase of the Second Shares (the "Second Closing") shall take place at the offices of Chrisman, Bynum & Johnson, P.C., 0000 Xxxxxxxxx Stxxxx, Xoulder, Xxxxxxxx 00000 xx Xxxxxxx 00, 0000, xx xx xxxx other date and at such other time as the Second Closing Purchasers and the Company may mutually agree (the "Second Closing Date").
On the Second Closing Date the Second Closing Purchasers severally (and not jointly) shall purchase and acquire from the Company, and the Company shall issue and sell to each such Second Closing Purchaser, such number of shares of Series B Preferred Stock as are set forth opposite such Second Closing Purchaser's name on the Schedule 2.2 hereto for an aggregate purchase price of $11,000,000 (the "Second Purchase Pric ).
The Related Agreements shall be in full force and effect and each of the Second Closing Purchasers shall have been executed and delivered to the Company counterpart signature pages thereto.
In addition, effective upon the issuance of such press release, the Company acknowledges and agrees that any and all confidentiality or similar obligations under any agreement, whether written or oral, between the Company, any of its Subsidiaries or any of their respective officers, directors, agents, employees or Affiliates on the one hand, and any of the Second Closing Purchasers or any of their Affiliates on the other hand, shall terminate.
In the event any of the Second Closing Purchasers fail to purchase the Second Shares at the Second Closing, the Company may use any remedy available to it at law or equity against the Initial Purchasers to enforce the Initial Purchasers' obligations under Section 7.5.
Any amendment or waiver effected in accordance with this Section 5(f) shall be binding upon all of the Second Closing Purchasers and each transferee of the Notes purchased hereunder (or the Conversion Shares issuable upon conversion or exercise thereof), each future holder of all such securities, and the Company.