Examples of 2015 Purchase Agreement in a sentence
Pursuant to the 2015 Purchase Agreement, the Company sold 12,921,348 shares of its common stock on a private placement basis (the “Private Placement Shares”) to the Investors for an aggregate consideration of $11,388,159, net of expenses.
All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be determined pursuant to the Governing Law provision of the 2015 Purchase Agreement.
Warrants In October 2015, we entered into the October 2015 Purchase Agreement with Redmile, who beneficially owned approximately 6.7% of the Common Stock as of December 31, 2015, as set forth in the October 2015 Purchase Agreement, whereby we sold, on a private placement basis, (a) $50.0 million aggregate principal amount of its unsecured promissory notes and (b) 1.3 million warrants that have a term of five-years.
Terms used, but not defined here, shall have the meaning assigned such terms in the 2015 Purchase Agreement.
First Guaranty argues that “Republic made a material misrepresentation when it failed to disclose either the [McKesson Agreement] or the [Letter Agreement] before the May 2015 [Purchase Agreement] was entered.”6 The Restatement (Second) of Contracts, which the Utah Supreme Court relied upon when it adopted the material6 In its response to Republic’s motion for summary judgment, First Guaranty argues that Republic made a misrepresentation by failing to disclose the McKesson Agreement.
The May 26, 2015 Purchase Agreement (Second Purchase Agreement) transferred eight additional lease agreements to First Guaranty, including the right to monthly payments described in the Pioneer Sales Agreement.
A subsequent May 26, 2015 Purchase Agreement transferred eight additional lease agreements to First Guaranty.The Purchase Agreements required First Guaranty to administer the leases in its own name.
Section 5.13(a) of the 2015 Purchase Agreement provides that the 2015 Notes, 2015 Warrants and 2020 Warrants may be amended or terminated by the Purchasers of Notes (as defined therein) representing at least a majority of the aggregate principal amount outstanding under all of the 2015 Notes (the “Required Purchasers”), and the undersigned Signing Purchasers constitute the Required Purchasers.
Capitalized terms not defined in this Agreement shall have the meanings ascribed to such terms in the 2015 Purchase Agreement and in the Certificate of Designation for the Series C Stock filed with the Delaware Secretary of State which authorized the Series C Stock (the “Series C Certificate of Designation”), as applicable.
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