Clearing Date. If the lowest trade price for the Common Stock on the Clearing Date is lower than that at the time any Shares pursuant to a VWAP Purchase are actually issued, then the price per share at which such Shares are issued shall be adjusted such that the price per share at which such Shares are issued shall be calculated from the closing trade price on the Clearing Date, and the Company shall issue additional Shares to Investor to reflect such adjusted price per Share. For purposes of this Agreement, “Clearing Date” shall be on the date on which any Shares pursuant to a VWAP Purchase are deposited into Investor’s brokerage account and Investor’s broker has confirmed with Investor that the Investor may execute trades of such Shares.
Appears in 4 contracts
Sources: Common Stock Purchase Agreement (SHF Holdings, Inc.), Common Stock Purchase Agreement (Inspire Veterinary Partners, Inc.), Common Stock Purchase Agreement (Inspire Veterinary Partners, Inc.)
Clearing Date. If the lowest trade price for the Common Stock Ordinary Shares on the Clearing Date is lower than that at the time any Shares are required to be issued pursuant to a VWAP Purchase are actually issuedPurchase, then the price per share at which such Shares are issued shall be adjusted such that the price per share at which such Shares are issued shall be calculated from the closing trade price on the Clearing Date, and the Company shall issue additional Shares to Investor to reflect such adjusted price per Share. For purposes of this Agreement, “Clearing Date” shall be on the date on which any Shares pursuant to a VWAP Purchase are deposited into Investor’s brokerage account and Investor’s broker has confirmed with Investor that the Investor may execute trades of such Shares.
Appears in 2 contracts
Sources: Ordinary Shares Purchase Agreement (Fusion Fuel Green PLC), Ordinary Shares Purchase Agreement (Fusion Fuel Green PLC)
Clearing Date. If the lowest trade price for the Common Stock Ordinary Shares on the Clearing Date is lower than that at the time any Shares pursuant to a VWAP Purchase are actually issued, then the price per share at which such Shares are issued shall be adjusted such that the price per share at which such Shares are issued shall be calculated from the closing trade price on the Clearing Date, and the Company shall issue additional Shares to Investor to reflect such adjusted price per Share. For purposes of this Agreement, “Clearing Date” shall be on the date on which any Shares pursuant to a VWAP Purchase are deposited into Investor’s brokerage account and Investor’s broker has confirmed with Investor that the Investor may execute trades of such Shares.
Appears in 1 contract
Sources: Ordinary Shares Purchase Agreement (Soulpower Acquisition Corp.)