COI definition
Examples of COI in a sentence
The issued and outstanding shares of the Company were duly and validly authorized and issued, fully paid and non-assessable, and offered and issued in compliance with the provisions of the COI, the Company’s Bylaws and the Stockholders’ Agreements as in effect at the time of each such issuance and in compliance with all applicable corporate and securities laws.
For purposes of liquidation and dividend preference rights, anti dilution rights and any other rights to which the Investor may be entitled upon conversion of the Elected Conversion Amount, whether pursuant to the COI or otherwise, the price per share of the Conversion Shares shall be the price per share according to which the Elected Conversion Amount was actually converted (i.e., after taking into account any discount provided to the Investor pursuant to this Agreement).
The Company hereby undertakes to take all necessary actions in its power and obtain all required approvals and consents so as to approve and adopt such amendment to its COI.