Examples of SW Shares in a sentence
The SW Shares to be issued at the Closing are validly authorized and, when such SW Shares have been duly delivered pursuant to the terms of this Agreement, such SW Shares will be validly issued, fully paid and nonassessable and will not have been issued, owned or held in violation of any preemptive or similar right of any stockholder.
The Agent understands that all Special Warrants issued to U.S. Purchasers that are Accredited Investors (but not Qualified Institutional Buyers who have executed and delivered a QIB Letter) in the Offering, and the SW Shares issuable in exchange for such Special Warrants will be issued in definitive physical form and will bear a United States restrictive legend substantially in the form set forth in the Accredited Investor Certificate.
It is recorded that as at the Signature Date SW Shares are trading on the NASDAQ stock exchange at US$5.00 per share.
All underwriting discounts and selling commissions applicable to the SW Shares shall be borne by IVS.
It further acknowledges that, except as set forth herein, neither SW nor anyone acting on behalf of SW has made any representations or warranties to IVS or any IVS Seller which have induced, persuaded, or stimulated it to acquire such SW Shares.
Xxxxx and SW, dated January 3, 2007 (the “SW Agreement”) as more particularly described on the Schedules attached hereto (the Ft. Mxxxx Assets, the SW Shares and the SW Agreement are collectively referred to herein as the “Transferred Assets”).