Examples of Purchased Shares in a sentence
PIF shall not transfer the Purchased Shares or any right, title or interest with respect thereto, unless specifically consented to in writing by SLIC.
PIF shall use its reasonable best efforts to take, or cause to be taken, all actions and to do, or cause to be done, all things necessary, proper or advisable to consummate the transactions contemplated by the Stock Purchase Agreement on the terms and conditions described in the Stock Purchase Agreement, and shall keep SLIC informed on a timely basis as to the status of the purchase of the Purchased Shares thereunder.
Without limitation of the foregoing, PIF shall give SLIC prompt written notice of any breach, default, repudiation, cancellation, amendment, restatement, replacement, supplement, termination, assignment, modification or waiver (or any event or circumstance that, with or without notice, lapse of time or both, would reasonably be expected to give rise to the same) by PIF or the seller of the Purchased Shares to the Stock Purchase Agreement.
The Company shall use its reasonable best efforts to cause all Conversion Shares and Purchased Shares that constitute Registrable Securities covered by any Registration Statement to be listed on each securities exchange on which identical securities issued by the Company are then listed and, if not so listed, to be approved for listing on the national securities exchange on which the Company’s Common Stock is then listed.