Examples of Subsequent Sale in a sentence
Upon any sale of Common Stock pursuant to the Registration Statement, the undersigned hereby agrees to deliver to the Company and the Company’s transfer agent the Certificate of Subsequent Sale set forth in Exhibit I hereto.
The Seller will notify the Buyer in accordance with Section 7.01 promptly upon the commencement of any Subsequent Sale and will pay to the Buyer at the time of such Subsequent Sale the Purchase Price Refund.
If, within 12 months following the acquisition by Parent of the Option Shares, Parent or any of its affiliates sells, transfers or otherwise disposes of any or all of the Option Shares to any third party (other than to an affiliate of Parent) (a "Subsequent Sale") and realizes a Profit (as defined below) from such Subsequent Sale, then Parent shall pay to the Stockholder an amount equal to 95% of the Profit promptly upon receipt of the proceeds from such Subsequent Sale.
Pursuant to the Statute and the Financing Order, the Seller and the Note Issuer are concurrently entering into the Sale Agreement pursuant to which the Seller is selling to the Note Issuer the Transition Property created pursuant to the PU Code, the Financing Order and the Issuance Advice Letter described in such agreement, and the Seller may sell other Transition Property to the Note Issuer pursuant to Subsequent Sale Agreements.
If the Investor so exercises its right to purchase any or all of the Offered Shares, the purchase will be treated as a Subsequent Sale except that the purchase price for the Offered Shares shall be the Offer Price.