Underlying Units definition

Underlying Units has the meaning given to it above;

Underlying Units means the Common Units issued and issuable upon conversion or redemption of the Notes and upon exercise of the Warrants.

Underlying Units means the common stock, par value $[0.01] per share, of the Company.

Examples of Underlying Units in a sentence

• Purchaser also understands that the Debentures and the Underlying Units are being offered and sold pursuant to an exemption from registration contained in the Securities Act based in part upon Purchaser’s representations contained in this Purchase Agreement.

• The Purchaser understands that no public market now exists for any of the securities issued by the Company (including but not limited to the Debentures or the Underlying Units) and that there is no assurance that a market for their resale will ever exist.

• The Purchaser understands that the Debentures and the Underlying Units may not be sold, transferred or otherwise disposed of without registration under the Securities Act or an exemption therefrom, and that in the absence of an effective registration statement covering the Debentures or the Underlying Units or an available exemption from registration under the Securities Act, the Debentures and the Underlying Units must be held in accordance with the requirements of Regulation Crowdfunding.

• The Company shall honor exercises of the Warrants and conversions of the Notes and shall deliver Underlying Units in accordance with the terms, conditions and time periods set forth in the Transaction Documents.

• The Purchaser understands that neither the Debentures nor the Underlying Units have been registered under the Securities Act.

More Definitions of Underlying Units

Underlying Units means the Units issuable pursuant to the Subscription Receipts and includes the Over-Allotment Units, if applicable;

Underlying Units means the Units, if any, that have been issued upon any exercise of the Pledged Warrants.

Underlying Units refers to the Units issued or issuable upon the exercise, in whole or in part, of the Underwriter Warrants.

Underlying Units means (i) the Conversion Units and (ii) the Warrant Exercise Units.

Underlying Units has the meaning set forth in Section 3.05(e).

Underlying Units means the Units issuable to the Holders without payment of additional consideration at the Issue Time.

Underlying Units means a Unit identical to the Units except as otherwise described herein;