Examples of Series F Conversion Shares in a sentence
Such CMPI Shareholder agrees not to resell or otherwise dispose of all or any part of the OCG Series F Stock or the Series F Conversion Shares, except as permitted by law, including, without limitation, any regulations under the Securities Act and other applicable securities laws.
Such CMPI Shareholder understands that none of the OCG Series F Stock or the Series F Conversion Shares has been registered under the Securities Act or any other applicable securities laws, and, therefore, cannot be resold unless they are subsequently registered under the Securities Act and other applicable securities laws, or unless an exemption from such registration is available.
Such CMPI Shareholder acknowledges that OCG does not have any present intention and is under no obligation to register the OCG Series F Stock or the Series F Conversion Shares under the Securities Act and other applicable securities laws.
During the course of the transactions contemplated by this Agreement and prior to the purchase of any OCG Series F Stock or Series F Conversion Shares, such CMPI Shareholder has had the opportunity to ask questions of and receive answers from representatives of OCG concerning the terms and conditions of the offering of the OCG Series F Stock and the Series F Conversion Shares, and to obtain additional information, documents, records and books relative to OCG and an investment in OCG.
All Series F Conversion Shares delivered upon conversion of the Series F Preferred, and all shares of Common Stock delivered upon conversion of the Series G Preferred, as applicable, shall, upon issuance, be duly authorized, validly issued, fully paid and non-assessable, free and clear of all liens, claims, security interests and other encumbrances (other than liens, charges, security interests and other encumbrances created by the Series F Holders or the Series G Holders, respectively).
Such Purchaser agrees that, in connection with any transfer of the Series F Senior Preferred Stock or the Series F Conversion Shares or the Adjustment Shares pursuant to an effective registration statement under the Securities Act, such Purchaser will comply with all prospectus delivery requirements of the Securities Act.
The Person or Persons entitled to receive the Series F Conversion Shares issuable upon conversion of Series F Preferred on any Series F Conversion Date shall be treated for all purposes as the record holder(s) of such Series F Conversion Shares as of the close of business on such Series F Conversion Date.
In case of the death, resignation or other removal of any Series F Director, including the Electra Director, the holders of a majority of the Series F Conversion Shares held by the Series F Holders, or Electra (or its assignee), as the case may be, shall have the right to designate a successor director to hold such office for the unexpired term of such removed director.
If the Corporation at any time after the effective date hereof combines (by combination, reverse stock split or otherwise) its outstanding shares of Common Stock into a smaller number of shares, the Series F Conversion Price in effect immediately prior to such combination will be proportionately increased and the number of Series F Conversion Shares obtainable upon exercise of the Series F Preferred will be proportionately decreased.
As of the Closing Date, the Company shall have reserved out of its authorized and unissued Common Stock solely for the purpose of effecting the conversion of the Series F Preferred Shares, shares of Common Stock to provide for the issuance of the Series F Conversion Shares in accordance with the terms of this Agreement and the Series F Certificate of Designation.