Examples of TSI Stock in a sentence
The shares of TSI Stock that are required to be issued by TSI to the Sellers pursuant to this Agreement, shall, upon issuance and delivery and subject to the conditions set forth in this Agreement, be duly authorized, validly issued, fully paid and non-assessable.
Upon delivery of the TSI Stock to the Sellers at the Closing, the Sellers will convey, and the Purchaser will own and hold, good and valid title to the Company Shares immediately prior to the Closing owned by such Sellers, free and clear of all Liens or contractual restrictions or limitations whatsoever other than liens, restrictions or limitations arising from the Contracts or actions of TSI.
Each Seller agrees not to transfer, sell or otherwise dispose of or direct or cause the sale, transfer or other disposition of, or reduce such Seller's risk relative to, any of the Company's Shares (except for the conversion into TSI Stock in the transactions contemplated hereby) or TSI Stock held by such Seller or on such Seller's behalf, whether owned on the date hereof or after acquired, within the thirty (30) days prior to the Closing Date.
The Purchaser shall issue the TSI Stock (as defined in Section 1.2) to the Sellers subject to the conditions and restrictions set forth in this Section 1.2.
The Sellers shall have received the consideration (in the form of TSI Stock) required to be delivered at Closing and to which each Seller is entitled pursuant to SECTION 1.1 hereof.
The shares of TSI Stock and Additional TSI Shares that are required to be issued by TSI to the Sellers pursuant to, in accordance with the terms and subject to the conditions set forth in this Agreement, shall, upon issuance and delivery, be duly authorized, validly issued, fully paid and non-assessable.
Following the Restriction Period, the Sellers may transfer their shares of TSI Stock so long as such transfer is in accordance with the Future Sale Procedures set forth in SECTION 1.2(A)(2) and other applicable provisions of this Section 1.2.
The Sellers shall have received the consideration (in the form of TSI Stock) required to be delivered at Closing and to which each Seller is entitled pursuant to Section 1.1 hereof.
The Purchaser shall issue the TSI Stock to the Sellers subject to the conditions and restrictions set forth in this SECTION 1.2 (and the Additional TSI Shares shall be subject to the same restrictions other than paragraph (a)(1) below as if such shares were TSI Stock).
Upon any such issuance of TSI Stock or Additional TSI Shares, the Shelf Registration Statement (and the Other Registration Statement, as applicable) will comply in all material respects with the applicable requirements of the Securities Act.