Issuable Securities definition
Examples of Issuable Securities in a sentence
At the time such Purchaser was offered or otherwise purchased or acquired the Purchased Securities, it was, and as of the date hereof it is, and on each date on which it converts the Notes or otherwise acquires Issuable Securities it is and will be, a sophisticated investor accustomed to transactions like the purchase of the Purchased Securities hereunder and an “accredited investor” as defined under the Securities Act and the Regulations thereunder.
If all or any portion of any Securities is converted or exercised, respectively, at a time when there is an effective registration statement covering the resale of the Issuable Securities, or if such Issuable Securities may be sold under Rule 144 or if such legend is not otherwise required under applicable requirements of the Securities Act (including judicial interpretations and pronouncements issued by the staff of the SEC), then such Issuable Securities shall be issued free of all legends.
Following the consummation of a Qualified Event, the Company shall use its best efforts to ensure that all Issuable Securities are listed or quoted for uninterrupted trading on a Trading Market.
The Company shall ensure that all Issuable Securities are “freely tradeable” following the consummation of a Qualified Event.
The Company has reserved for issuance of the Issuable Securities from its duly authorized Capital Stock the number of shares of Common Stock required by Section Error! Reference source not found..
The Company has reserved for issuance of the Issuable Securities from its duly authorized Capital Stock the number of shares of Common Stock required by Section 4.5(a).