Examples of Subject Securities in a sentence
If, during the Option Period, the Seller exercises any portion of the Subject Securities, then the Company shall have the right to purchase from the Seller the portion of the Subject Securities that has not been exercised for the Purchase Price reduced on a pro rata basis by the portion of the Subject Securities that was so exercised.
The Seller has received all consents or waivers necessary to transfer the Subject Securities.
Upon payment of the Purchase Price in accordance with the terms of this Agreement, the Seller shall have no further rights under the Subject Securities and the Company shall have no further obligations thereunder.
The Subject Securities are free and clear of any lien, pledge, claim, hypothecation, charge, mortgage, security interest, assessment, encumbrance or restriction of any nature, whether arising by agreement, operation of law, judicial order or otherwise (collectively, “Liens”), except as required by securities laws.
Each Party hereby irrevocably waives personal service of process and consents to process being served in any such action or proceeding by mailing a copy thereof via registered or certified mail or overnight delivery (with evidence of delivery) to such Party at the address in effect for notices to it under the Subject Securities and agrees that such service shall constitute good and sufficient service of process and notice thereof.