Examples of Series G Closing Date in a sentence
If there are any events between the Series G Closing Date and the True Up Time which, under this Section 4 (other than this sub-section (h)), would cause adjustments to the Series G Preferred Stock Conversion Price, the Conversion Price for the Series G Preferred Stock shall, at such time, be adjusted accordingly pursuant to the applicable provisions under this Section 4 (the “Interim Adjustment”).
Effective as of and upon the True Up Time, the Conversion Price of the Series G Preferred Stock shall be reduced to a number equal to the Series G Preferred Stock Original Issue Price divided by the quotient obtained by dividing the Series G True Up Amount by the total number of Series G Preferred Stock issued as of the Series G Closing Date.
The date of the Second Series G Closing is referred to as the "Second Series G Closing Date." At the Second Series G Closing, the Company shall sell and issue to the Purchaser, and the Purchaser shall purchase, such number (but in no event more than 25,000) of Series G Shares as may be designated by the Company in its notice of the Second Series G Closing.
The Company, as at the Series G Closing Date and Series H Closing Date as the case may be, will have, and at all times while the Shares and any Warrants are outstanding will maintain, an adequate reserve of duly authorized shares of Common Stock to enable it to perform its obligations under this Agreement, the Warrants and the Certificates of Designation with respect to the number of Shares and Warrants issued and outstanding at such Closing Date.
The date of the Series H Closing is hereinafter referred to as the "Series H Closing Date." At any time after the Series G Closing Date and prior to January 1, 1998, the Company may give written notice (a "Termination Notice") to all the Purchasers indicating that it does not intend to deliver a Subsequent Financing Notice.
Neither the Company, any Subsidiary nor the Purchaser will take, or agree to commit to take, any action that is intended to make any representation or warranty of the Company or the Purchaser, as the case may be, contained herein or in the Registration Rights Agreement inaccurate in any respect at the Series G Closing Date, Series H Closing Date, Series I Closing Date or Series J Closing Date, as applicable.
The Company shall make best efforts to provide an exit to the Investors by way of completing a Qualified IPO on or before the expiry of 6 (six) years from the Series G Closing Date 31 December 2024 or such extended period as may be mutually agreed with Investors’ Consents (the “Exit Date”).
Buyer shall be responsible for, and shall bear and pay, all sales, use, transfer, stamp, registration and similar taxes (including any applicable interest or penalties) incurred or imposed with respect to the transactions described in this Agreement (the “Transfer Taxes”).
Prior to the Initial Series G Closing Date, the Company shall withdraw its pending registration statement on Form X-0, Xxxxxxxxxxxx Xxxxxxxxx Xx. 000-0000.
The Company and the Founder shall use their respective best efforts to provide the Shareholders with an IPO which maximizes Consolidated Company Value (as defined below) within 5 (five) years from the First Series G Closing Date (“Exit Period”), as directed by, and subject to the prior written consent of, the Requisite Investors.