Examples of Issuer Units in a sentence
If any Ares Owners Class Issuer Units are forfeited or cancelled for no consideration, a number of shares of Class A Common Stock held by Ares Owners LP equal to the product of the number of Ares Owners Class Issuer Units so forfeited or cancelled multiplied by the Corresponding Rate shall be automatically forfeited or cancelled.
This Form 4 reports the purchase of 500 units of the Issuer ("Units"), each of which consist of one share of common stock of the Issuer ("Common Stock") and two warrants to purchase Common Stock ("Warrants"), by CRT Capital Group LLC, a Connecticut limited liability company ("CRT Capital").
SHARE CAPITAL (CONTINUED)Pursuant to the Offering outlined in Note 15b(ix), on March 31, 2021, the Company closed a "bought deal" short form prospectus offering (the "Offering") of 41,078,000 units of the Issuer ("Units").
The Subscriber has not, directly or indirectly, offered any Issuer Units to anyone or solicited any offer to buy any Issuer Units from anyone, so as to bring the offer and sale of any Issuer Units within the registration requirements of the Securities Act.
Upon the terms and subject to the conditions set forth herein, on and as of the date hereof, Issuer shall issue the Issuer Units to the Subscriber, and the Subscriber shall deliver the Purchase Price to Issuer in exchange therefor.
The Subscriber agrees that it will not sell, convey, transfer or offer for sale any of the Issuer Units it acquires except as provided in the Issuer LLC Agreement and upon compliance with the Securities Act and any applicable state securities or “blue sky” laws or pursuant to any exemption therefrom.
The Subscriber has sufficient knowledge and experience in financial and business matters so as to be capable of evaluating the merits and risks of its investment in Issuer Units and is capable of bearing the economic risks of such investment for an indefinite period of time.
The Subscriber has had an opportunity to ask questions and receive answers concerning the terms and conditions of the offering of Issuer Units and has had full access to such other information concerning Issuer and its subsidiaries as such Subscriber has requested.
At the Closing, the Issuer will have an adequate number of authorized Membership Units (as defined in the Issuer LLC Agreement) to effect the issuance of the Issuer Units in accordance with this Agreement.
The Subscriber is acquiring the Issuer Units for its own account and not with a view to their distribution within the meaning of Section 2(11) of the Securities Act of 1933, as amended (the “Securities Act”), in any manner that would be in violation of the Securities Act.