Examples of Underlying Shares Registration Statement in a sentence
The Company covenants that all shares of Common Stock that shall be so issuable shall, upon issue, be duly and validly authorized, issued and fully paid, nonassessable and, if the Underlying Shares Registration Statement has been declared effective under the Securities Act, registered for public sale in accordance with such Underlying Shares Registration Statement.
The Underlying Shares Registration Statement also shall cover pursuant to Rule 416 such indeterminate number of additional shares of Common Stock due to an increase in the number of Underlying Shares resulting from changes in the Conversion Price pursuant to the terms of the Certificate of Designation (the “Additional Shares”).
Regarding absolute or conditional discharge, it was argued that victims should be able to request independent review of such decisions.
Each Purchaser will comply with the prospectus delivery requirements of the Securities Act as applicable to it in connection with sales of Registrable Securities (as defined in the Registration Rights Agreement) pursuant to an Underlying Shares Registration Statement.
Underlying Shares shall not contain the legend set forth above nor any other legend at any time while an Underlying Shares Registration Statement covering such Underlying Shares is effective under the Securities Act or, in the event there is not an effective Registration Statement, covering such Underlying Shares at such time if such legend is not required under applicable requirements of the Securities Act (including judicial interpretations and pronouncements issued by the staff of the Commission).