Insider Securities definition

Insider Securities means the warrants owned by the Investors prior to the Company’s initial public offering.

Insider Securities means all units, shares of common stock and warrants of the Company owned by all of the Insiders prior to the IPO, including all units, shares of common stock and warrants issued in the private placement immediately prior to the IPO; and

Insider Securities means the Insider Warrants and the shares of Common Stock underlying the Insider Warrants.

Examples of Insider Securities in a sentence

• The undersigned agrees not to sell any of his Insider Securities until the Company’s completion of a Business Combination.

• The undersigned waives any and all right, title, interest or claim of any kind in or to any distribution of the Trust Fund as a result of such liquidation with respect to his Insider Securities (each a “Claim”) and hereby waives any Claim he may have in the future as a result of, or arising out of, any contracts or agreements with the Company and will not seek recourse against the Trust Fund for any reason whatsoever.

• The undersigned agrees not to sell any of his Insider Securities until the Company's completion of a Business Combination.

• Pursuant to the Subscription Agreement, the Insider Purchasers have placed the purchase price for the Insider Securities in escrow prior to the date hereof.

• The undersigned waives any and all right, title, interest or claim of any kind in or to any distribution of the Trust Fund as a result of such liquidation with respect to his Insider Securities (each a "Claim") and hereby waives any Claim he may have in the future as a result of, or arising out of, any contracts or agreements with the Company and will not seek recourse against the Trust Fund for any reason whatsoever.

More Definitions of Insider Securities

Insider Securities is defined in the recitals to this Agreement; provided, that any such Insider Securities shall cease to be Insider Securities when: (a) a Registration Statement with respect to the sale of such securities shall have become effective under the Securities Act (as defined below) and such securities shall have been sold, transferred, disposed of or exchanged in accordance with such Registration Statement; (b) such securities shall have been otherwise transferred pursuant to Rule 144 of the Securities Act (or any similar provisions thereunder, but not Rule 144A), and new certificates for them not bearing a legend restricting further transfer shall have been delivered by the Company and subsequent public distribution of them shall not require registration under the Securities Act; or (c) such securities shall have ceased to be outstanding.

Insider Securities means the Units and Warrants being purchased by 00xx Xxxxxx LLC simultaneously with the consummation of the Company’s initial public offering.

Insider Securities means the Insider Units, the Incentive Warrants, the securities underlying the Convertible Loans, and all securities underlying the foregoing.

Insider Securities means the units and warrants being purchased privately by certain of the Investors simultaneously with the consummation of the Company’s initial public offering.

Insider Securities is defined in the recitals to this Agreement.

Insider Securities is defined in Section 2.1.1.

Insider Securities means those securities included in the definition of “Registrable Security” specified in the Insider Registration Rights Agreement. “Indemnified Party” is defined in Section 4.3.