Stock Issuance definition
Examples of Stock Issuance in a sentence
If such issuance of shares of Common Stock could cause a delisting on the Principal Market then the Maximum Common Stock Issuance shall first be approved by the Company’s shareholders in accordance with applicable law and the By-laws and the Articles of Incorporation of the Company.
In partial consideration for the rights granted herein, and in accordance with the Stock Issuance Agreement entered into in conjunction herewith between Licensee and ULRF (attached hereto as Exhibit D), Licensee will issue to ULRF and to the Inventors, as designees of ULRF, that number of shares of common stock of Licensee that constitute eight percent (8.0%) total equity on the date of issuance.
No Takeover Laws or any similar anti-takeover provision in the Certificate of Incorporation or bylaws of Parent applicable to Parent is, or at the Effective Time will be, applicable to this Agreement, the Merger, the Parent Common Stock Issuance, or any of the other Contemplated Transactions.
In lieu of a license issue fee, Licensee will issue to ULRF shares of common stock of Licensee as provided in Section 5.1 and in accordance with the terms and conditions of the Stock Issuance Agreement, entered into by and between Licensee and ULRF on the Effective Date, and attached hereto as Exhibit D.
Licensee will issue the shares granted to ULRF under Section 5.1 directly in the names of the individuals and/or entities and in the proportions as set forth in the Stock Issuance Agreement attached hereto as Exhibit D.