Exchange Documentation Sample Clauses
The Exchange Documentation clause outlines the requirements and procedures for providing, maintaining, and updating documents necessary for transactions or interactions between parties. Typically, this clause specifies which documents must be exchanged, the format and timing for delivery, and the responsibilities of each party in ensuring documentation is accurate and complete. Its core practical function is to ensure that all parties have access to the essential information needed to fulfill their obligations, thereby reducing misunderstandings and facilitating smooth operations.
Exchange Documentation. Settlement of the Exchange will take place on the Closing Date, at which time the Investor will cause delivery of the Warrant and the Preferred Shares to the Company or its designated agent and the Company will cause delivery of the Exchange Shares to the Investor or its designated agent.
Exchange Documentation. Settlement of the Exchange will take place on the Closing Date, at which time the Investor will cause delivery of the CPP Preferred Shares to the Company or its designated agent and the Company will cause delivery of the CDCI Preferred Shares to the Investor or its designated agent.
Exchange Documentation. Settlement of the Non-Voting Exchange will take place on the Closing Date, at which time the Investor will cause delivery of the Non-Voting Shares to the Company or its designated agent and the Company will cause delivery of the Exchange Shares to the Investor.
Exchange Documentation. 6 Section 2.4 Status of Preferred Shares after Closing. 6
Exchange Documentation. The Company shall use commercially reasonable efforts to cause the Exchange Documentation to be executed and delivered to the Company on or prior to the Closing by each of the Company Stockholders and the Company Warrantholder.
Exchange Documentation. 6 Section 2.3 Status of CDCI Preferred Shares after Closing 6
Exchange Documentation. On or prior to 10:00 a.m. New York City time on the Closing Date, the Shareholder will cause delivery of the Preferred Shares to the Company or its designated agent and the Company will cause delivery of the Common Shares to the Shareholder or its designated agent.
Exchange Documentation. Settlement of the Exchange will take place on the Closing Date, at which time the Investor will cause delivery of the Preferred Shares and the Old Warrant to the Company or its designated agent and the Company
(1) Represents (x) the sum of 32.5% of the aggregate liquidation preference of the Preferred Shares, and 100% of the amount of all accrued and unpaid dividends on the Preferred Shares through and including the Closing Date, divided by (y) $10.00 (rounded to the nearest whole number).
(2) This reflects the Reverse Stock Split and represents the lowest price per share paid by an investor in the recapitalization (after giving effect to the Reverse Stock Split). will cause delivery of the Exchange Shares and the Amended Warrant to the Investor or its designated agent.