Series A Closing Date definition
Examples of Series A Closing Date in a sentence
As of the Series A Closing Date, all rights of the Series A Member with respect to the Series A Preferred Shares shall cease and terminate, such Series A Preferred Shares shall no longer be deemed to be outstanding for any purpose whatsoever, and such Person shall no longer be a Series A Member.
With respect to each Purchaser, the representations made by such Purchaser in Section 4 hereof shall be true and correct when made, and shall be true and correct on the Series A Closing Date.
The Company has, or before the Series A Closing Date (as that term is hereinafter defined) will have, authorized the sale and issuance of up to 6,350,000 shares of its Series B Preferred Stock ("Series B Preferred" or, as described in Section 1.1(a) above, the "Shares") and up to 6,350,000 shares of Common Stock issuable upon conversion of the Series B Preferred pursuant to the Restated Articles.
The Company shall have delivered to the Purchasers a certificate executed by the President of the Company, dated the Series A Closing Date, and certifying to the fulfillment of the conditions specified in Sections 5.1, 5.2, and 5.9 of this Agreement, and that he has made, or caused to be made, such investigations as he deemed necessary in order to permit him to verify the accuracy of the information set forth in such certificate.
All covenants, agreements and conditions contained in this Agreement to be performed by the Company on or prior to the Series A Closing Date shall have been performed or complied with in all material respects.