Examples of Series A-1 Conversion Shares in a sentence
The Company and the Purchasers shall agree, prior to the Closing, on a form of letter of instruction to be delivered to the Company's transfer agent regarding the issuance of the Securities (which shall include, among other matters, irrevocable instructions to issue certificates upon conversion of the Series A Closing Shares, the Series A-1 Purchased Shares, the Additional Closing Shares and the Series A-1 Conversion Shares).
Subject to the satisfaction of the Series A-1 Conversion Conditions, the Company has authorized the issuance and delivery of the Series A-1 Conversion Shares.
The only corporate or stockholder action required to authorize the issuance and delivery of Series A-1 Conversion Shares is the satisfaction of the Series A-1 Conversion Conditions.
In the event that a holder shall not by written notice designate the name in which Series A-1 Conversion Shares or the manner in which such shares should be delivered, the Transfer Agent shall be entitled to register and deliver such shares in the name of the holder and in the manner shown in the register of stockholders of the Company.
Such Series A-1 Conversion Shares shall be issued in uncertificated form and shall be issued in book-entry form.
The Company has the requisite corporate power and authority to (a) execute, deliver and perform its obligations under this Agreement and the Transaction Documents and (b) subject to (i) the Stockholder Approval with respect to the issuance and delivery of the Conversion Shares and (ii) the satisfaction of the Series A-1 Conversion Conditions with respect to the issuance and delivery of Series A-1 Conversion Shares, to consummate each of the transactions contemplated hereby and thereby.
No other corporate or stockholder action is necessary to authorize such execution, delivery and, other than (i) the Stockholder Approval with respect to the issuance and delivery of the Conversion Shares and (ii) satisfaction of the Series A-1 Conversion Conditions with respect to the issuance and delivery of Series A-1 Conversion Shares, performance of this Agreement and the Transaction Documents.