Commitment Securities shall have the meaning set forth in Section 6.3.
Commitment Securities means the shares of Common Stock issued to the Holders pursuant to the exercise of subscription privileges under the Rights as provided by the terms of the Participating Purchase Agreement.
Commitment Securities is defined in Section 2(a).
Examples of Commitment Securities in a sentence
Upon issuance pursuant to this Section 6.3, the Commitment Securities shall constitute “restricted securities” as such term is defined in Rule 144 under the Securities Act and the certificate or book-entry statement representing the Commitment Securities shall bear the restrictive legend set forth Section 9.1 of this Agreement.