Examples of Private Placement in a sentence
At or prior to the time of the IPO Closing Date, the Company and the Purchaser shall enter into a registration rights agreement (the “Registration Rights Agreement”) pursuant to which the Company will grant certain registration rights to the Purchaser relating to the Private Placement Units and the Shares and Rights underlying the Private Placement Units.
Upon issuance in accordance with, and payment pursuant to, the terms hereof, the Private Placement Units and the Shares and Rights underlying the Private Placement Units will be duly and validly issued, fully paid and nonassessable.
The Company has duly authorized the issuance and sale of the Private Placement Units to the Purchaser.
Each Private Placement Unit will be identical to the Public Units, except as described in the Registration Statement.
The Company shall have obtained the consent of its Board of Directors authorizing the execution, delivery and performance of this Agreement and the issuance and sale of the Private Placement Units hereunder.