Issue of Ordinary Shares Sample Clauses

Issue of Ordinary Shares. All Subscription Shares will, when issued, be duly and validly authorized and fully paid, in accordance with all applicable laws, the Memorandum and Articles and any relevant securities laws or pursuant to valid exemptions therefrom.
AutoNDA by SimpleDocs
Issue of Ordinary Shares. 8.1 In any circumstances where the Company is required to or elects to issue Ordinary Shares pursuant to the terms of this Agreement, the Company shall procure that:
Issue of Ordinary Shares. If the Company issues any Ordinary Shares at a price per Ordinary Share which is less than the Conversion Price in force, the Conversion Price will be adjusted to equal that lower price. Each such adjustment will be effective as at the date on which such issue takes effect.
Issue of Ordinary Shares. (or rights to subscribe or purchase Ordinary Shares) at a price which is less than 95 per cent. of the Current Market Price, otherwise than as mentioned under (d) above an issue of new Ordinary Shares (or other securities giving right to Ordinary Shares) for cash or no consideration (other than in the situations referred to under (d) above), at a price per Ordinary Share which is less than 95 per cent of the current market price per Ordinary Share at the time of the transaction (in such case, the adjustment aims to neutralize the financial dilution caused by such discounted issue of Ordinary Shares or other securities giving right to Ordinary Shares);
Issue of Ordinary Shares. The Company has at the Notice Date, and thereafter during each Pricing Period immediately prior to the corresponding Closing Date, an adequate authorized and/or conditional share capital allowing it to issue Ordinary Shares, and/or holds a sufficient number of Ordinary Shares in treasury, to enable it to allot and issue or deliver the number of Ordinary Shares equal to 200 per cent of the Draw Down Amount set forth in the relevant Subscription Notice. The Ordinary Shares shall be free of any Liens, duly authorized, validly issued, fully paid and freely tradable, and application shall be made forthwith for the Ordinary Shares to be Listed.
Issue of Ordinary Shares. Amarin shall issue and allot the respective Ordinary Shares as soon as reasonably practicable and in any event within five (5) business days of the Conversion Option notice. Issue and allotment shall be to the respective creditor(s), or such person (including EIS or any other affiliate of EP Inc) as may be designated in the Conversion Option notice (either, the “Recipient”).
Issue of Ordinary Shares. If and wherever BE plc: (i) issues Ordinary Shares or sells Ordinary Shares held as Treasury Shares after the Restructuring Date other than an issue or sale (as the case may be) at less than 95 per cent. of the Current Market Price as at the date of such issue or sale; or (ii) issues Ordinary Shares after the Restructuring Date as a result of the exercise of rights, granted on or after the Restructuring Date, of conversion into, exchange or subscription for, or purchase of, such Ordinary Shares (including Ordinary Shares issued for cash pursuant to rights to subscribe for or purchase such Ordinary Shares under the Warrants (as defined in the Creditors Restructuring Agreement)) (each, a “Share Issue”), the NLF Payment Percentage shall be reduced as follows from the date of the Share Issue: P = x × y y + z(1 – x) where:
AutoNDA by SimpleDocs
Issue of Ordinary Shares. If and whenever BE plc (i) issues (otherwise than as mentioned in paragraph (B) above) wholly for cash any Ordinary Shares (other than Conversion Shares issued on the exercise of the NLF Conversion Rights or on the exercise of the Warrants (as defined in the Creditors Restructuring Agreement) or of any other rights of conversion into, or exchange or subscription for, or purchase of, Ordinary Shares), or (ii) grants (otherwise than as mentioned in paragraph (B) above) wholly for cash any options, warrants or other rights to subscribe for or purchase any Ordinary Shares, or sell any Ordinary Shares previously held as Treasury Shares wholly for cash in each case at a price per Ordinary Share in respect of which the aggregate consideration receivable (whether at the time of grant or upon exercise of the rights to subscribe for or purchase such Ordinary Shares) is less than 95 per cent. of the Current Market Price per Ordinary Share on the Dealing Day last preceding the date of announcement of the terms of such issue or grant, the Conversion Factor shall be adjusted by multiplying the Conversion Factor in force immediately prior to such issue or grant by the following fraction: A + B A + C where:
Issue of Ordinary Shares. It is noted that in accordance with the terms of, and subject to the conditions set out in, the Document, the Directors propose to issue the number of Ordinary Shares set out in the table below fully paid to the persons set out in the table below at Completion (as such term is defined in the Document) (“Completion”).
Issue of Ordinary Shares. If any Deferred Interest Payment or Deferred Accrued Conversion Interest is to be satisfied pursuant to the provisions of this Condition 8 then, subject to Conditions 8(d) and 8(e):
Time is Money Join Law Insider Premium to draft better contracts faster.