DOC Common Stock definition
Examples of DOC Common Stock in a sentence
DOC covenants that during the period the Warrant is outstanding, it will reserve from its authorized and unissued DOC Common Stock a sufficient number of shares to provide for the issuance of the Warrant Shares upon the exercise of any purchase rights under this Warrant.
Nothing herein shall limit a Holder's right to pursue any other remedies available to it hereunder, at law or in equity including, without limitation, a decree of specific performance and/or injunctive relief with respect to DOC's failure to timely deliver certificates representing shares of DOC Common Stock upon exercise of the Warrant as required pursuant to the terms hereof.
For example, if the Holder purchases DOC Common Stock having a total purchase price of $11,000 to cover a Buy-In with respect to an attempted exercise of shares of DOC Common Stock with an aggregate sale price giving rise to such purchase obligation of $10,000, under clause (1) of the immediately preceding sentence DOC shall be required to pay the Holder $1,000.
DOC will take all such reasonable action as may be necessary to assure that such Warrant Shares may be issued as provided herein without violation of any applicable law or regulation, or of any requirements of the American Stock Exchange or other market upon which the DOC Common Stock may be listed.
No provision hereof, in the absence of any affirmative action by Holder to exercise this Warrant or purchase Warrant Shares, and no enumeration herein of the rights or privileges of Holder, shall give rise to any liability of Holder for the purchase price of any DOC Common Stock or as a stockholders of DOC, whether such liability is asserted by DOC or by creditors of DOC.
ADSX currently owns approximately 54% of the outstanding DOC Common Stock (as defined hereunder) and has consented to the transactions contemplated herein.
On and subject to the terms and conditions set forth herein, on the Closing Date, DOC shall sell to ADSX, and ADSX shall purchase from DOC, all of DOC’s right, title and interest in and to an aggregate of $3,500,000 worth of shares of DOC Common Stock at a purchase price equaling the average of the VWAPs of the DOC Common Stock for the ten Trading Days immediately preceding (and not including) the Closing Date (“Per Share Purchase Price”) (the “DOC Shares”).
On and subject to the terms and -------------------------- conditions set forth herein, on the Closing Date, DOC shall sell to ADSX, and ADSX shall purchase from DOC, all of DOC's right, title and interest in and to an aggregate of 3,000,000 shares of DOC Common Stock at $2.64 per share ("Fixed Price") (the "DOC Shares").
The Company further acknowledges that the Purchasers may have entered into short sales of the Common Stock and DOC Common Stock and may continue to enter into short sales of the Common Stock and DOC Common Stock, in accordance with applicable laws and regulations, for purposes of hedging.
In the event of a merger or consolidation of DOC with or into another Person, this paragraph shall not apply with respect to a determination of the number of shares of DOC Common Stock issuable upon exchange in full of the Debentures if such determination is necessary to establish the securities or other assets which the holder of DOC Common Stock shall be entitled to receive upon the effectiveness of such merger or consolidation.