First Closing B Shares definition

First Closing B Shares means 1,450,000 shares of Class B Stock.
Sample 1

Examples of First Closing B Shares in a sentence

  • Seller's holding period under Rule 144 under the Securities Act with respect to the First Closing A Shares and the First Closing B Shares exceeded one year as of the date of this Agreement.

  • Seller agrees that, at any time and from time to time, at the expense of Seller, it will promptly execute and deliver all further documents, opinions or instruments, and take all further action, that may be necessary or advisable, or that Buyer may reasonably request, in order to effectuate the reregistration of the First Closing B Shares.

  • Upon receipt of the First Closing B Shares, Buyer shall promptly request that Swift issue or cause to be issued certificates for Common Stock in the name of Buyer and deliver such certificates to Buyer (or its designee identified in the notice) for an equal number of duly authorized, fully paid and non-assessable shares of Common Stock.

Related to First Closing B Shares

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • First Closing has the meaning set forth in Section 2.1(a).

  • Second Closing has the meaning set forth in Section 2.2.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

  • Second Closing Date has the meaning set forth in Section 1.3.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • Additional Closing has the meaning set forth in Section 2.3.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Initial Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Initial Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • Private Placement Warrants Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Option Closing means the closing of the purchase and sale of the Option Shares pursuant to Section 2.2.

  • Series Closing Date means the date designated as such in the Series Term Sheet.