Approval Date definition
Examples of Approval Date in a sentence
If, despite the Company’s reasonable best efforts the Shareholder Approval is not obtained by such Shareholder Approval Date, the Company shall adjourn and reconvene the Shareholder Meeting at least as often as every thirty (30) calendar days thereafter until such Shareholder Approval is obtained, but in no event later than the three hundred and sixty-fifth (365th) calendar day after the Closing Date.
In addition, from the date hereof until sixty (60) days after the Stockholder Approval Date, subject to certain exceptions provided for in the Purchase Agreement, neither the Company nor any Subsidiary shall issue, enter into any agreement to issue or announce the issuance or proposed issuance of any shares of Common Stock or Common Stock Equivalents, except that such restriction shall not apply with respect to an Exempt Issuance (as defined in the Purchase Agreement).
Notwithstanding the foregoing, if at any time any Registrable Securities are not registered on an effective Registration Statement due to any limitation related to the Exchange Cap (as defined in the Notes), the Company shall, no later than 30 calendar days following the Exchange Cap Stockholder Approval Date file an additional Registration Statement or post-effective amendment covering the resale of all such previously excluded Registrable Securities.
The Closing Notice shall designate the Closing Date for this transaction, which shall be no later than 60 days after the Approval Date.
From the date hereof until six (6) months following the Stockholder Approval Date, the Company shall be prohibited from effecting or entering into an agreement to effect any issuance by the Company or any of its Subsidiaries of Common Stock or Common Stock Equivalents (or a combination of units thereof) involving a Variable Rate Transaction (as defined in the Purchase Agreement).