Examples of Applicable Investor in a sentence
The Company shall provide notice within 10 Business Days following the date of (i) any event with respect to which an adjustment pursuant to this Section 5 is required to be made, (ii) any transfer of Company Capital Stock by the Applicable Investor and (iii) any Per Share Dividend Accrual.
Each Applicable Investor’s “Pro Rata Allotment” of such securities shall be based on the ratio which the number of shares of Common Stock owned by such Applicable Investor on a fully-diluted basis bears to all of the issued and outstanding Common Stock owned by all Stockholders on a fully-diluted basis as of the date of such written offer.
Each Applicable Investor may elect to purchase the securities so offered by giving written notice thereof to the Company within such 7 business day period, including in such written notice the maximum number of shares of capital stock or other securities of the Company that the Applicable Investor wishes to purchase, including the number of such shares it would purchase if one or more other Applicable Investors do not elect to purchase their respective Pro Rata Allotments.
For the avoidance of doubt, if any of the foregoing cease to be satisfied with respect to any Applicable Investor following the Equity Syndication Period End Date, Parent and its Affiliates shall cause such Applicable Investor to be excluded from the Equity Syndication.
The alteration of the Constitution to include all of the rights attaching to the Applicable Investor Securities immediately prior to the Conforming of Rights.