Common use of Description of Units Clause in Contracts

Description of Units. We may issue units comprising two or more securities described in this prospectus in any combination. For example, we might issue units consisting of a combination of debt securities and warrants to purchase common stock. The following description sets forth certain general terms and provisions of the units that we may offer pursuant to this prospectus. The particular terms of the units and the extent, if any, to which the general terms and provisions may apply to the units so offered will be described in the applicable prospectus supplement. Each unit will be issued so that the holder of the unit also is the holder of each security included in the unit. Thus, the unit will have the rights and obligations of a holder of each included security. Units will be issued pursuant to the terms of a unit agreement, which may provide that the securities included in the unit may not be held or transferred separately at any time or at any time before a specified date. A copy of the forms of the unit agreement and the unit certificate relating to any particular issue of units will be filed with the SEC each time we issue units, and you should read those documents for provisions that may be important to you. For more information on how you can obtain copies of the forms of the unit agreement and the related unit certificate, see the section of this prospectus captioned “Where You Can Find More Information.” The prospectus supplement relating to any particular issuance of units will describe the terms of those units, including, to the extent applicable, the following: • the designation and terms of the units and the securities comprising the units, including whether and under what circumstances those securities may be held or transferred separately; • any provision for the issuance, payment, settlement, transfer or exchange of the units or of the securities comprising the units; and • whether the units will be issued in fully registered or global form.

Appears in 1 contract

Samples: Prospectus Supplement

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Description of Units. Units We may issue units comprising two or more securities described in this prospectus in any combination. For example, we might issue units consisting of a any combination of debt securities our common stock and warrants to purchase common stockwarrants. The following description sets forth certain general terms and provisions of the units that we may offer pursuant to this prospectus. The particular terms of the units and the extent, if any, to which the general terms and provisions may apply to the units so offered We will be described in the applicable prospectus supplement. Each issue each unit will be issued so that the holder of the unit is also is the holder of each security included in the unit. ThusAs a result, the holder of a unit will have the rights and obligations of a holder of each included security. Units will be issued pursuant to the terms of The unit agreement under which a unit agreement, which is issued may provide that the securities included in the unit may not be held or transferred separately separately, at any time or at any time before a specified date. A copy The summary below and that contained in any prospectus supplement is qualified in its entirety by reference to all of the forms provisions of the unit agreement and the unit certificate relating to any particular issue of units will be filed with the SEC each time we issue units, and you should read those documents for provisions that may be important to you. For more information on how you can obtain copies of the forms of the unit agreement and the related and/or unit certificate, see and depositary arrangements, if applicable. We urge you to read the section of applicable prospectus supplements and any related free writing prospectuses related to the units that we may offer under this prospectus captioned “Where You Can Find More Information.” The prospectus supplement relating to any particular issuance of units will describe prospectus, as well as the complete unit agreement and/or unit certificate, and depositary arrangements, as applicable, that contain the terms of those the units, including, . We will file as exhibits to the extent registration statement of which this prospectus is a part, or will incorporate by reference from reports that we file with the SEC, the form of unit agreement and/or unit certificate, and depositary arrangements, as applicable, that contain the followingterms of the particular series of units we are offering, and any supplemental agreements, before the issuance of such units. The applicable prospectus supplement, information incorporated by reference or free writing prospectus may describe: the designation and terms of the units and of the securities comprising the units, including whether and under what circumstances those securities may be held or transferred separately; any provision provisions for the issuance, payment, settlement, transfer transfer, or exchange of the units or of the securities comprising composing the units; and • whether the units will be issued in fully registered or global form.; and ● any other terms of the units. The applicable provisions described in this section, as well as those described under “Common Stock” and “Warrants” above, will apply to each unit and to each security included in each unit, respectively

Appears in 1 contract

Samples: ir.oragenics.com

Description of Units. Units We may issue units comprising two or more securities described in this prospectus in any combination. For example, we might issue units consisting of a any combination of debt securities and warrants to purchase our common stock, preferred stock and warrants. The following description sets forth certain general terms and provisions of the units that we may offer pursuant to this prospectus. The particular terms of the units and the extent, if any, to which the general terms and provisions may apply to the units so offered We will be described in the applicable prospectus supplement. Each issue each unit will be issued so that the holder of the unit is also is the holder of each security included in the unit. ThusAs a result, the holder of a unit will have the rights and obligations of a holder of each included security. Units will be issued pursuant to the terms of The unit agreement under which a unit agreement, which is issued may provide that the securities included in the unit may not be held or transferred separately separately, at any time or at any time before a specified date. A copy The summary below and that contained in any prospectus supplement is qualified in its entirety by reference to all of the forms provisions of the unit agreement and the unit certificate relating to any particular issue of units will be filed with the SEC each time we issue units, and you should read those documents for provisions that may be important to you. For more information on how you can obtain copies of the forms of the unit agreement and the related and/or unit certificate, see and depositary arrangements, if applicable. We urge you to read the section of applicable prospectus supplements and any related free writing prospectuses related to the units that we may offer under this prospectus captioned “Where You Can Find More Information.” The prospectus supplement relating to any particular issuance of units will describe prospectus, as well as the complete unit agreement and/or unit certificate, and depositary arrangements, as applicable, that contain the terms of those the units, including, . We will file as exhibits to the extent registration statement of which this prospectus is a part, or will incorporate by reference from reports that we file with the SEC, the form of unit agreement and/or unit certificate, and depositary arrangements, as applicable, that contain the followingterms of the particular series of units we are offering, and any supplemental agreements, before the issuance of such units. The applicable prospectus supplement, information incorporated by reference or free writing prospectus may describe: · the designation and terms of the units and of the securities comprising the units, including whether and under what circumstances those securities may be held or transferred separately; · any provision provisions for the issuance, payment, settlement, transfer transfer, or exchange of the units or of the securities comprising composing the units; and • · whether the units will be issued in fully registered or global form.; and · any other terms of the units. The applicable provisions described in this section, as well as those described under “Description of Our Capital Stock—Common Stock,” “Description of Our Capital Stock— Preferred Stock” and “Description of Warrants” above, will apply to each unit and to each security included in each unit, respectively

Appears in 1 contract

Samples: Prospectus Supplement

Description of Units. We may issue units comprising two Units comprised of one or more securities of the other Securities described in this prospectus Prospectus in any combination. For example, we might issue units consisting of a combination of debt securities and warrants to purchase common stock. The following description sets forth certain general terms and provisions of the units that we may offer pursuant to this prospectus. The particular terms of the units and the extent, if any, to which the general terms and provisions may apply to the units so offered will be described in the applicable prospectus supplement. Each unit Unit will be issued so that the holder of the unit Unit is also is the holder of each security Security included in the unitUnit. Thus, the unit holder of a Unit will have the rights and obligations of a holder of each included securitySecurity. Units will be issued pursuant to the terms of a The unit agreement, if any, under which a Unit is issued may provide that the securities included in Securities comprising the unit Unit may not be held or transferred separately separately, at any time or at any time before a specified date. A copy of the forms of the unit agreement and the unit certificate relating to any particular issue of units If applicable, we will be filed file with the SEC each time as exhibits to the registration statement of which this Prospectus is a part, or will incorporate by reference from a current report on Form 6-K that we issue unitsfile with the SEC, any unit agreement describing the terms and conditions of such Units that we are offering before the issuance of such Units. The particular terms and provisions of Units offered by any Prospectus Supplement, and you should read those documents for the extent to which the general terms and provisions that described below may apply to them, will be important to youdescribed in the Prospectus Supplement filed in respect of such Units. For more information on how you can obtain copies The particular terms of the forms each issue of the unit agreement and Units will be described in the related Prospectus Supplement. This description will include, where applicable: · the designation and aggregate number of Units offered; · the price at which the Units will be offered; · if other than Canadian dollars, the currency or currency unit certificate, see in which the section of this prospectus captioned “Where You Can Find More Information.” The prospectus supplement relating to any particular issuance of units will describe Units are denominated; · the terms of those units, including, to the extent applicable, the following: • the designation Units and terms of the units and the securities Securities comprising the unitsUnits, including whether and under what circumstances those securities may be held or transferred separately; · any provision provisions for the issuance, payment, settlement, transfer or exchange of the units Units or of the securities Securities comprising the unitsUnits; and • whether · any other material terms, conditions and rights (or limitations on such rights) of the units Units. We reserve the right to set forth in a Prospectus Supplement specific terms of the Units that are not within the options and parameters set forth in this Prospectus. In addition, to the extent that any particular terms of the Units described in a Prospectus Supplement differ from any of the terms described in this Prospectus, the description of such terms set forth in this Prospectus shall be deemed to have been superseded by the description of such differing terms set forth in such Prospectus Supplement with respect to such Units. PLAN OF DISTRIBUTION We may sell the Securities to or through one or more underwriters or dealers purchasing as principals and we may also sell the Securities to one or more purchasers directly, through applicable statutory exemptions, or through one or more agents designated from time to time. The Securities may be sold from time to time in one or more transactions at fixed prices or not at fixed prices, such as market prices prevailing at the time of sale, prices related to such prevailing market prices or prices to be negotiated with purchasers, which prices may vary as between purchasers and during the period of distribution of the Securities. The Prospectus Supplement relating to a particular offering and sale of Securities will identify each underwriter, dealer or agent engaged in connection with the offering and sale of such Securities, as well as the method of distribution and the terms of the offering and sale of such Securities, including the initial offering price (in the event the offering is a fixed price distribution), the manner of determining the offering price(s) (in the event the offering is not a fixed price distribution), the net proceeds to us and, to the extent applicable, any fees, discounts or any other compensation payable to underwriters, dealers or agents and any other material terms. Only underwriters so named in the Prospectus Supplement are deemed to be underwriters in connection with the Securities offered and sold thereby. If the underwriters purchase Securities from us as principal, the Securities will be issued acquired by the underwriters for their own account and may be resold from time to time in fully registered one or global formmore transactions, including negotiated transactions, at a fixed public offering price or at varying prices determined at the time of sale, at market prices prevailing at the time of sale or at prices related to such prevailing market prices. The obligations of the underwriters to purchase such Securities as principal will be subject to certain conditions precedent, and the underwriters will be obligated to purchase all the Securities offered and sold by the Prospectus Supplement if any of such Securities are purchased. Any public offering price and any discounts or concessions allowed or re-allowed or paid to underwriters, dealers or agents may be changed from time to time. The Securities may be sold from time to time in one or more transactions at a fixed price or prices which may be changed or at market prices prevailing at the time of sale, at prices related to such prevailing market prices or at negotiated prices. The prices at which the Securities may be offered may vary as between purchasers and during the period of distribution. If, in connection with the offering of Securities at a fixed price or prices, the underwriters have made a bona fide effort to sell all of the Securities at the initial offering price fixed in the applicable Prospectus Supplement, the public offering price may be decreased and thereafter further changed, from time to time, to an amount not greater than the initial public offering price fixed in such Prospectus Supplement, in which case the compensation realized by the underwriters will be decreased by the amount that the aggregate price paid by purchasers for the Securities is less than the gross proceeds paid to us by the underwriters. Any such reduction to the public offering price will not affect the net proceeds received by the Corporation. The Securities may also be sold directly by us, pursuant to applicable statutory exemptions, at such prices and upon such terms as agreed to by us and the purchaser or through one or more agents designated by us from time to time. Any agent involved in the offering and sale of the Securities in respect of which this Prospectus is delivered will be named, and any commissions payable by us to such agent will be set forth, in the Prospectus Supplement. Unless otherwise indicated in the Prospectus Supplement, any agent would be acting on a best efforts basis for the period of its appointment. We may agree to pay the underwriters a commission for various services relating to the issue and sale of any Securities offered hereby. Any such commission will be paid out of our general funds. Underwriters, dealers and agents who participate in the distribution of the Securities may be entitled under agreements to be entered into with us to indemnification by us against certain liabilities under securities legislation, or to contribution with respect to payments which such underwriters, dealers or agents may be required to make in respect thereof. Any offering of Subscription Receipts, Warrants or Units will be a new issue of securities with no established trading market. Unless otherwise specified in the applicable Prospectus Supplement, the Subscription Receipts, Warrants or Units will not be listed on any securities exchange. Certain dealers may make a market in these Securities, but will not be obligated to do so and may discontinue any market making at any time without notice. No assurance can be given that any dealer will make a market in these Securities or as to the liquidity of the trading market, if any, for these Securities. See “Risk Factors”. Unless otherwise specified in a Prospectus Supplement, in connection with any offering of the Securities, the underwriters or agents may over-allot or effect transactions which stabilize or maintain the market price of the Securities offered at a higher level than that which might exist in the open market. Such transactions, if commenced, may be interrupted or discontinued at any time. PRIOR SALES Information regarding prior sales of Securities will be provided as required in a Prospectus Supplement with respect to the issuance of Securities pursuant to such Prospectus Supplement.

Appears in 1 contract

Samples: Equity Distribution Agreement

Description of Units. We Debenture The Units, in the aggregate, are to consist of a $3,000,000 Debenture, the principal amount of which shall be due and payable two (2) years from the Closing Date hereof. Interest shall be payable at the rate of ten (10%) percent per annum on a quarterly basis, commencing December 31, 1999. Following an "Event of Default" (as hereafter defined), interest shall be due at the rate of 18% per annum. Interest shall be paid in cash, or at the option of the Purchaser, in Common Stock priced at the Conversion Price. Except as set forth in Section 1(a) of the Debenture, the Company may issue units comprising two not prepay the obligation evidenced by the Debenture without the consent of the Purchaser. Repayment of the Debenture will not be secured with any collateral of the Company, nor will the Debenture limit the amount of other indebtedness or more securities described which may be issued by the Company, or any subsidiaries thereof. In general, information reporting to the Internal Revenue Service will be required with respect to the payment of interest on the Debenture. Furthermore, under the federal "backup withholding" rules, payments of interest on the Debenture may be subject to backup withholding. This Agreement is not intended to provide tax advice to the Purchaser. The Purchaser is advised that an investment in this prospectus the Units may involve certain material federal and state tax consequences; accordingly, the Purchaser should consult with its tax advisers. This Debenture may not be offered for sale or sold, or otherwise transferred in any combination. For example, we might issue units consisting of transaction which would constitute a combination of debt securities and warrants to purchase common stock. The following description sets forth certain general terms and provisions sale thereof within the meaning of the units that we may Act, as amended, unless: (i) such security has been registered for sale under the Act and registered or qualified under applicable state securities laws relating to the offer pursuant to this prospectus. The particular terms and sale of securities; or (ii) exemptions from the registration requirements of the units Act and the extentregistration or qualification requirements of all such state securities laws are available and the Purchaser shall have received an opinion of counsel satisfactory to the Purchaser that the proposed sale or other disposition of such securities may be effected without registration under the Act and would not result in any violation of any applicable state securities laws relating to the registration or qualification of securities for sale. Subordination The indebtedness evidenced by the Debenture is subordinated to the prior payment when due of the principal of, premium, if any, to which and interest on all "Senior Indebtedness" (as defined below) of the general terms and provisions may apply Company. Therefore, upon any distribution of its assets in a liquidation or dissolution of the Company, or in bankruptcy, reorganization, insolvency, receivership or similar proceedings relating to the units so offered will be described in the applicable prospectus supplement. Each unit will be issued so that Company, the holder of the unit also is the holder of each security included in the unit. Thus, the unit Debenture will have the rights and obligations of a holder of each included security. Units will be issued pursuant to the terms of a unit agreement, which may provide that the securities included in the unit may not be held or transferred separately at entitled to receive payment until the holders of Senior Indebtedness are paid in full. Upon the occurrence of any time or at any time before a specified date. A copy Event of the forms of the unit agreement and the unit certificate relating Default with respect to any particular issue Senior Indebtedness, as such Event of units will be filed with the SEC each time we issue units, and you should read those documents for provisions that Default may be important to you. For more information on how you can obtain copies of defined in such instrument evidencing the forms of the unit agreement and the related unit certificate, see the section of this prospectus captioned “Where You Can Find More Information.” The prospectus supplement relating to any particular issuance of units will describe the terms of those units, includingSenior Indebtedness, to the extent applicablesuch Event of Default permits the holders of such Senior Indebtedness to accelerate the maturity thereof, then upon written notice thereof given to the following: • Company by any holder of such Senior Indebtedness or his or her representative, no payment shall be made by the designation and terms Company in respect of the units and Debenture until the securities comprising Company has cured such event of default to the units, including whether and under what circumstances those securities may be held or transferred separately; • any provision for the issuance, payment, settlement, transfer or exchange satisfaction of the units or holders of the securities comprising the units; and • whether the units will be issued in fully registered or global formsuch Senior Indebtedness.

Appears in 1 contract

Samples: Securities Purchase Agreement (Osage Systems Group Inc)

Description of Units. We may issue units comprising two Units comprised of one or more securities of the other Securities described in this prospectus Prospectus in any combination. For example, we might issue units consisting of a combination of debt securities and warrants to purchase common stock. The following description sets forth certain general terms and provisions of the units that we may offer pursuant to this prospectus. The particular terms of the units and the extent, if any, to which the general terms and provisions may apply to the units so offered will be described in the applicable prospectus supplement. Each unit Unit will be issued so that the holder of the unit Unit is also is the holder of each security Security included in the unitUnit. Thus, the unit holder of a Unit will have the rights and obligations of a holder of each included securitySecurity. Units will be issued pursuant to the terms of a The unit agreement, if any, under which a Unit is issued may provide that the securities included in Securities comprising the unit Unit may not be held or transferred separately separately, at any time or at any time before a specified date. A copy of the forms of the unit agreement and the unit certificate relating to any particular issue of units If applicable, we will be filed file with the SEC each time as exhibits to the registration statement of which this Prospectus is a part, or will incorporate by reference from a current report on Form 6-K that we issue unitsfile with the SEC, any unit agreement describing the terms and conditions of such Units that we are offering before the issuance of such Units. 13 The particular terms and provisions of Units offered by any Prospectus Supplement, and you should read those documents for the extent to which the general terms and provisions that described below may apply to them, will be important to youdescribed in the Prospectus Supplement filed in respect of such Units. For more information on how you can obtain copies The particular terms of the forms each issue of the unit agreement and Units will be described in the related Prospectus Supplement. This description will include, where applicable: · the designation and aggregate number of Units offered; · the price at which the Units will be offered; · if other than Canadian dollars, the currency or currency unit certificate, see in which the section of this prospectus captioned “Where You Can Find More Information.” The prospectus supplement relating to any particular issuance of units will describe Units are denominated; · the terms of those units, including, to the extent applicable, the following: • the designation Units and terms of the units and the securities Securities comprising the unitsUnits, including whether and under what circumstances those securities may be held or transferred separately; · any provision provisions for the issuance, payment, settlement, transfer or exchange of the units Units or of the securities Securities comprising the unitsUnits; and • whether · any other material terms, conditions and rights (or limitations on such rights) of the units Units. We reserve the right to set forth in a Prospectus Supplement specific terms of the Units that are not within the options and parameters set forth in this Prospectus. In addition, to the extent that any particular terms of the Units described in a Prospectus Supplement differ from any of the terms described in this Prospectus, the description of such terms set forth in this Prospectus shall be deemed to have been superseded by the description of such differing terms set forth in such Prospectus Supplement with respect to such Units. PLAN OF DISTRIBUTION We may sell the Securities to or through one or more underwriters or dealers purchasing as principals and we may also sell the Securities to one or more purchasers directly, through applicable statutory exemptions, or through one or more agents designated from time to time. The Securities may be sold from time to time in one or more transactions at fixed prices or not at fixed prices, such as market prices prevailing at the time of sale, prices related to such prevailing market prices or prices to be negotiated with purchasers, which prices may vary as between purchasers and during the period of distribution of the Securities. The Prospectus Supplement relating to a particular offering and sale of Securities will identify each underwriter, dealer or agent engaged in connection with the offering and sale of such Securities, as well as the method of distribution and the terms of the offering and sale of such Securities, including the initial offering price (in the event the offering is a fixed price distribution), the manner of determining the offering price(s) (in the event the offering is not a fixed price distribution), the net proceeds to us and, to the extent applicable, any fees, discounts or any other compensation payable to underwriters, dealers or agents and any other material terms. Only underwriters so named in the Prospectus Supplement are deemed to be underwriters in connection with the Securities offered and sold thereby. If the underwriters purchase Securities from us as principal, the Securities will be issued acquired by the underwriters for their own account and may be resold from time to time in fully registered one or global formmore transactions, including negotiated transactions, at a fixed public offering price or at varying prices determined at the time of sale, at market prices prevailing at the time of sale or at prices related to such prevailing market prices. The obligations of the underwriters to purchase such Securities as principal will be subject to certain conditions precedent, and the underwriters will be obligated to purchase all the Securities offered and sold by the Prospectus Supplement if any of such Securities are purchased. Any public offering price and any discounts or concessions allowed or re-allowed or paid to underwriters, dealers or agents may be changed from time to time. 14 The Securities may be sold from time to time in one or more transactions at a fixed price or prices which may be changed or at market prices prevailing at the time of sale, at prices related to such prevailing market prices or at negotiated prices. The prices at which the Securities may be offered may vary as between purchasers and during the period of distribution. If, in connection with the offering of Securities at a fixed price or prices, the underwriters have made a bona fide effort to sell all of the Securities at the initial offering price fixed in the applicable Prospectus Supplement, the public offering price may be decreased and thereafter further changed, from time to time, to an amount not greater than the initial public offering price fixed in such Prospectus Supplement, in which case the compensation realized by the underwriters will be decreased by the amount that the aggregate price paid by purchasers for the Securities is less than the gross proceeds paid to us by the underwriters. Any such reduction to the public offering price will not affect the net proceeds received by the Corporation. The Securities may also be sold directly by us, pursuant to applicable statutory exemptions, at such prices and upon such terms as agreed to by us and the purchaser or through one or more agents designated by us from time to time. Any agent involved in the offering and sale of the Securities in respect of which this Prospectus is delivered will be named, and any commissions payable by us to such agent will be set forth, in the Prospectus Supplement. Unless otherwise indicated in the Prospectus Supplement, any agent would be acting on a best efforts basis for the period of its appointment. We may agree to pay the underwriters a commission for various services relating to the issue and sale of any Securities offered hereby. Any such commission will be paid out of our general funds. Underwriters, dealers and agents who participate in the distribution of the Securities may be entitled under agreements to be entered into with us to indemnification by us against certain liabilities under securities legislation, or to contribution with respect to payments which such underwriters, dealers or agents may be required to make in respect thereof. Any offering of Subscription Receipts, Warrants or Units will be a new issue of securities with no established trading market. Unless otherwise specified in the applicable Prospectus Supplement, the Subscription Receipts, Warrants or Units will not be listed on any securities exchange. Certain dealers may make a market in these Securities, but will not be obligated to do so and may discontinue any market making at any time without notice. No assurance can be given that any dealer will make a market in these Securities or as to the liquidity of the trading market, if any, for these Securities. See “Risk Factors”. Unless otherwise specified in a Prospectus Supplement, in connection with any offering of the Securities, the underwriters or agents may over-allot or effect transactions which stabilize or maintain the market price of the Securities offered at a higher level than that which might exist in the open market. Such transactions, if commenced, may be interrupted or discontinued at any time. PRIOR SALES Information regarding prior sales of Securities will be provided as required in a Prospectus Supplement with respect to the issuance of Securities pursuant to such Prospectus Supplement.

Appears in 1 contract

Samples: Equity Distribution Agreement

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Description of Units. We may issue units comprising two or more securities described in this prospectus comprised of shares of common stock, shares of preferred stock and warrants in any combination. For example, we might We may issue units consisting of a combination of debt securities in such amounts and warrants to purchase common stockin as many distinct series as we wish. The following description sets forth This section outlines certain general terms and provisions of the units that we may offer pursuant issue. If we issue units, they will be issued under one or more unit agreements to this prospectusbe entered into between us and a bank or other financial institution, as unit agent. The particular terms of information described in this section may not be complete in all respects and is qualified entirely by reference to the units and the extent, if any, to which the general terms and provisions may apply unit agreement with respect to the units so of any particular series. The specific terms of any series of units offered will be described in the applicable prospectus supplement. If so described in a particular supplement, the specific terms of any series of units may differ from the general description of terms presented below. We urge you to read any prospectus supplement related to any series of units we may offer, as well as the complete unit agreement and unit certificate that contain the terms of the units. If we issue units, forms of unit agreements and unit certificates relating to such units will be incorporated by reference as exhibits to the registration statement, which includes this prospectus. Each unit that we may issue will be issued so that the holder of the unit is also is the holder of each security included in the unit. Thus, the holder of a unit will have the rights and obligations of a holder of each included security. Units will be issued pursuant to the terms of The unit agreement under which a unit agreement, which is issued may provide that the securities included in the unit may not be held or transferred separately separately, at any time or at any time before a specified date. A copy of the forms of the unit agreement and the unit certificate relating to any particular issue of units will be filed with the SEC each time we issue units, and you should read those documents for provisions that may be important to you. For more information on how you can obtain copies of the forms of the unit agreement and the related unit certificate, see the section of this prospectus captioned “Where You Can Find More Information.” The applicable prospectus supplement relating to any particular issuance of units will describe the terms of those units, including, to the extent applicable, the followingmay describe: · the designation and terms of the units and of the securities comprising the units, including whether and under what circumstances those securities may be held or transferred separately; · any provision provisions of the governing unit agreement; · the price or prices at which such units will be issued; · the applicable United States federal income tax considerations relating to the units; · any provisions for the issuance, payment, settlement, transfer or exchange of the units or of the securities comprising the units; and • whether · any other terms of the units and of the securities comprising the units. The provisions described in this section, as well as those described under “Description of Capital Stock,” and “Description of Warrants” will apply to the securities included in each unit, to the extent relevant and as may be issued updated in fully registered or global formany prospectus supplements.

Appears in 1 contract

Samples: Prospectus Supplement

Description of Units. We may issue units comprising two or more securities described in this prospectus comprised of shares of common stock, shares of preferred stock, debt securities, and warrants in any combination. For example, we might We may issue units consisting of a combination of debt securities in such amounts and warrants to purchase common stockin as many distinct series as we wish. The following description sets forth This section outlines certain general terms and provisions of the units that we may offer pursuant issue. If we issue units, they will be issued under one or more unit agreements to this prospectusbe entered into between us and a bank or other financial institution, as unit agent. The particular terms of information described in this section may not be complete in all respects and is qualified entirely by reference to the units and the extent, if any, to which the general terms and provisions may apply unit agreement with respect to the units so of any particular series. The specific terms of any series of units offered will be described in the applicable prospectus supplement. If so described in a particular supplement, the specific terms of any series of units may differ from the general description of terms presented below. We urge you to read any prospectus supplement related to any series of units we may offer, as well as the complete unit agreement and unit certificate that contain the terms of the units. If we issue units, forms of unit agreements and unit certificates relating to such units will be incorporated by reference as exhibits to the registration statement, which includes this prospectus. Each unit that we may issue will be issued so that the holder of the unit is also is the holder of each security included in the unit. Thus, the holder of a unit will have the rights and obligations of a holder of each included security. Units will be issued pursuant to the terms of The unit agreement under which a unit agreement, which is issued may provide that the securities included in the unit may not be held or transferred separately separately, at any time or at any time before a specified date. A copy of the forms of the unit agreement and the unit certificate relating to any particular issue of units will be filed with the SEC each time we issue units, and you should read those documents for provisions that may be important to you. For more information on how you can obtain copies of the forms of the unit agreement and the related unit certificate, see the section of this prospectus captioned “Where You Can Find More Information.” The applicable prospectus supplement relating to any particular issuance of units will describe the terms of those units, including, to the extent applicable, the followingmay describe: • the designation and terms of the units and of the securities comprising the units, including whether and under what circumstances those securities may be held or transferred separately; • any provision provisions of the governing unit agreement; • the price or prices at which such units will be issued; • the applicable United States federal income tax considerations relating to the units; • any provisions for the issuance, payment, settlement, transfer transfer, or exchange of the units or of the securities comprising the units; and • whether any other terms of the units and of the securities comprising the units. The provisions described in this section, as well as those described under “Description of Capital Stock,” “Description of Debt Securities,” and “Description of Warrants” will apply to the securities included in each unit, to the extent relevant and as may be updated in any prospectus supplements. Issuance in Series We may issue units in such amounts and in as many distinct series as we wish. This section summarizes terms of the units that apply generally to all series. Most of the financial and other specific terms of a particular series of units will be issued described in fully registered or global formthe applicable prospectus supplement.

Appears in 1 contract

Samples: d18rn0p25nwr6d.cloudfront.net

Description of Units. We may issue units comprising two or more comprised of shares of common stock, shares of preferred stock, debt securities described in this prospectus and warrants in any combination. For example, we might We may issue units consisting of a combination of debt securities in such amounts and warrants to purchase common stockin as many distinct series as we wish. The following description sets forth This section outlines certain general terms and provisions of the units that we may offer pursuant issue. If we issue units, they will be issued under one or more unit agreements to this prospectusbe entered into between us and a bank or other financial institution, as unit agent. The particular terms of information described in this section may not be complete in all respects and is qualified entirely by reference to the units and the extent, if any, to which the general terms and provisions may apply unit agreement with respect to the units so of any particular series. The specific terms of any series of units offered will be described in the applicable prospectus supplement. If so described in a particular supplement, the specific terms of any series of units may differ from the general description of terms presented below. We urge you to read any prospectus supplement related to any series of units we may offer, as well as the complete unit agreement and unit certificate that contain the terms of the units. If we issue units, forms of unit agreements and unit certificates relating to such units will be incorporated by reference as exhibits to the registration statement, which includes this prospectus. Each unit that we may issue will be issued so that the holder of the unit is also is the holder of each security included in the unit. Thus, the holder of a unit will have the rights and obligations of a holder of each included security. Units will be issued pursuant to the terms of The unit agreement under which a unit agreement, which is issued may provide that the securities included in the unit may not be held or transferred separately separately, at any time or at any time before a specified date. A copy of the forms of the unit agreement and the unit certificate relating to any particular issue of units will be filed with the SEC each time we issue units, and you should read those documents for provisions that may be important to you. For more information on how you can obtain copies of the forms of the unit agreement and the related unit certificate, see the section of this prospectus captioned “Where You Can Find More Information.” The applicable prospectus supplement relating to any particular issuance of units will describe the terms of those units, including, to the extent applicable, the followingmay describe: • the designation and terms of the units and of the securities comprising the units, including whether and under what circumstances those securities may be held or transferred separately; • any provision provisions of the governing unit agreement; • the price or prices at which such units will be issued; • the applicable United States federal income tax considerations relating to the units; • any provisions for the issuance, payment, settlement, transfer or exchange of the units or of the securities comprising the units; and • whether any other terms of the units and of the securities comprising the units. The provisions described in this section, as well as those described under “Description of Capital Stock,” “Description of Debt Securities” and “Description of Warrants” will apply to the securities included in each unit, to the extent relevant and as may be updated in any prospectus supplements. Issuance in Series We may issue units in such amounts and in as many distinct series as we wish. This section summarizes terms of the units that apply generally to all series. Most of the financial and other specific terms of a particular series of units will be issued described in fully registered or global formthe applicable prospectus supplement.

Appears in 1 contract

Samples: Prospectus Supplement

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