Examples of LTC SHARES in a sentence
By: ______________________ Name: ______________________ Title: ______________________ Schedule 1.01(a): LTC Shares Schedule 1.01(b): LTC Real Estate Assets Schedule 1.01(c): Healthcare Liabilities Schedule 1.01(d): Healthcare Board SCHEDULE 1.01(a) LTC SHARES 30,847 shares of common stock of Assisted Living Concepts, Inc.
In the case of each registration effected by the Purchaser pursuant to SECTION 9.1, the Purchaser shall keep each Seller advised in writing as to the initiation of each registration with respect to LTC Shares held by him and as to the completion thereof.
Upon exercise by Exxxx of the Put Option under this Agreement, LGIL hereby agrees to take any and all actions to distribute the LTC Shares held by LGIL on the date of the Put Exercise Notice to Etika such that Etika shall receive Etika’s Pro Rata Share of such number of LTC Shares held by LGIL concurrently with the completion of transactions contemplated under Section 3.3(iv) on the Option Closing Date.
The Sellers acknowledge and agree that the Purchaser may, unless a registration statement is in effect covering such LTC Shares or unless the holders thereof comply with Rule 144, place stop transfer orders with its transfer agent with respect to such certificates in accordance with federal securities laws.
The number of LTC Shares to be issued to Etika shall be equal to the quotient of (a) the Put Option Price, divided by (b) the per share listing price of the LTC Shares.
Each Seller is acquiring LTC Shares hereunder for his own account for investment and not with a view to, or for the sale in connection with, any "distribution" of the LTC Shares, as such term is used in Section 2(11) of the Securities Act.
The number of LTC Shares to be issued to Geely shall be equal to the quotient of (a) the Put Option Price, divided by (b) the per share listing price of the LTC Shares.
Upon exercise by Geely of the Put Option under this Agreement, LGIL hereby agrees to take any and all actions to distribute the LTC Shares held by LGIL on the date of the Put Exercise Notice to Geely such that Geely shall receive Geely’s Pro Rata Share of such number of LTC Shares held by LGIL concurrently with the completion of transactions contemplated under Section 3.3(iv) on the Option Closing Date.
The certificates representing LTC Shares issued pursuant to this Agreement shall bear a legend substantially as follows: "THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR ANY APPLICABLE STATE LAW.
If LTC Shares owned by a Seller are included in any registration, then such Seller shall furnish the Purchaser with such information regarding itself as the Purchaser may reasonably request or as required by applicable law in connection with any registration qualification or compliance referred to in this Agreement.