Examples of Unit Securities in a sentence
The Corporation has full corporate power and authority to issue the Special Warrants, Compensation Options, Unit Securities and Warrant Shares.
All corporate action required to be taken by the Corporation for the authorization, issuance, sale and delivery of the Unit Securities, Compensation Options, Warrant Shares and Compensation Option Shares has been validly taken at the date hereof or will have been taken by the Closing Date.
Upon the exercise or deemed exercise of the Special Warrants in accordance with their terms, the Unit Securities will be validly issued (with respect to the Unit Shares, as fully paid and non-assessable Common Shares).
The Unit Securities and Compensation Options, when issued (in the case of the Unit Securities, upon receipt by the Corporation of the full consideration therefor), will have been duly and validly issued (in the case of the Unit Shares, as fully paid and non-assessable).
To the extent such Liability is satisfied in Parent Units (or Parent Unit Securities constituting a Parent Unit), such Parent Units shall be valued at the Parent Closing Unit Price.