Cap Z definition
Examples of Cap Z in a sentence
Any such condition may be waived by Cap Z in writing or by proceeding with the Closing.
There are no Encumbrances on any of such NVCS or NVCS Warrants; and when such NVCS and such NVCS Warrants are delivered, upon receipt of 1,892,999 Common Shares and the Company Warrants delivered to Cap Z by the Company as contemplated hereby, the Company will acquire good and valid title to such NVCS and NVCS Warrants free and clear of any Encumbrances.
Cap Z has had a reasonable opportunity to ask questions of and receive answers from the Company concerning the Company and the merits and risks of acquiring the Securities.
The Commitment Fee due hereunder shall be earned and payable as of the date of execution of this Agreement and shall be paid by issuing to each Purchaser or its designee (or, in the case of Cap Z, assignee) and ZCIL or its designee, except to the extent set forth in the Zurich Letter, the number of Common Stock Purchase Warrants (the "Warrants") set forth opposite such Purchaser's or ZCIL's name on Exhibit A-2 hereto registered in the name of such Purchaser or ZCIL.
The obligation of Cap Z to consummate the transactions contemplated hereby is subject to the satisfaction on or prior to the Closing Date of each of the conditions set forth below.
The Company shall use commercially reasonable efforts to provide information reasonably requested by Cap Z in order to enable Cap Z to satisfy the U.S. tax filing requirements of Cap Z or its affiliates with respect to their respective interests in the Company and its subsidiaries, subject to any confidentiality restrictions reasonably requested by the Company at the time of each such request.
Cap Z has full legal and beneficial ownership of the NVCS and NVCS Warrants to be exchanged hereunder.
Such Purchaser has funds available, or commitments from third parties to provide funds, sufficient to pay the Purchase Price to be paid by such Purchaser, it being agreed by the Company that the Zurich Letter constitutes such a commitment to provide funds to pay the Purchase Price to be paid by Cap Z.
Cap Z is duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, and Cap Z has all necessary powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now being conducted.
Cap Z has been advised or is aware of the provisions of Rule 144 promulgated under the Securities Act.