Adjustment Securities definition
Examples of Adjustment Securities in a sentence
For purposes of clarity, any Adjustment Securities issued, delivered or transferred hereunder shall be deemed to include a corresponding number of shares of Corporation Series A Preferred Stock in accordance with Section 2.2(b).
Such Purchaser has independently evaluated the merits of its decision to purchase Securities and, if applicable, Adjustment Securities pursuant to the Transaction Documents, and such Purchaser confirms that it has not relied on the advice of any other Purchaser’s business and/or legal counsel in making such decision.
In the event that more than one class of voting or non-voting equity securities is listed on the Annual Notice, the type of Adjustment Securities offered to the Investor shall be in like proportion of such classes to the total outstanding voting and nonvoting equity securities of the Company.
Notwithstanding any other provision of this Article IV, each Purchaser covenants that the Securities and, if applicable, the Adjustment Securities may be disposed of only pursuant to an effective registration statement under, and in compliance with the requirements of, the Securities Act, or pursuant to an available exemption from, or in a transaction not subject to, the registration requirements of the Securities Act, and in compliance with any applicable state and federal securities laws.
In any subsequent Closing, the Company may sell additional Securities and related contingent rights to Adjustment Securities subject to the terms and conditions of this Agreement provided that the aggregate gross proceeds to the Company from such additional sales, when added to the aggregate gross proceeds to the Company from all previous Closings, shall not exceed $13,000,000.
Aggregate Principal Decrease in Aggregate Increase in Aggregate Amount of Securities Notation by Date of Principal Amount of Principal Amount of Remaining After Such Security Adjustment Securities Securities Decrease or Increase Registrar ---------- --------------------- --------------------- -------------------- ----------- EXHIBIT B FORM OF CERTIFICATE TO BE DELIVERED UPON EXCHANGE OR REGISTRATION OF TRANSFER OF SECURITIES Re: 8.125% Notes due 2005, Series A of Reliant Energy Resources Corp.
Such Purchaser is able to bear the economic risk of an investment in the Securities and, if applicable, the Adjustment Securities, and, at the present time, is able to afford a complete loss of such investment.
Upon Exchange Registration, any outstanding Warrant Certificates representing unexercised and unexpired Warrants shall be deemed to represent the right to direct the Voting Trustee as to the voting of such Adjustment Securities to the extent such securities entitle the holders thereof to voting rights.
The Repurchase Event Notice shall set forth in reasonable detail the transactions resulting in the Repurchase Event, specify the Repurchase Price (as defined in Section 1.6(c) hereof) and set a date (the "Repurchase Date") for the repurchase by the Company of the Adjustment Securities (as defined in Section 1.6(b) hereof) as contemplated by Section 1.6(b) hereof.
Aggregate Principal Decrease in Aggregate Increase in Aggregate Amount of Securities Notation by Date of Principal Amount of Principal Amount of Remaining After Such Security Adjustment Securities Securities Decrease or Increase Registrar ---------- ---------- ---------- -------------------- --------- Exhibit B FORM OF CERTIFICATE TO BE DELIVERED UPON EXCHANGE OR REGISTRATION OF TRANSFER OF SECURITIES Re: 7.25% Senior Notes due 2010, Series A, of CenterPoint Energy, Inc.