Lead Shares definition

Lead Shares has the meaning set forth in Section 3.3(c)(i).
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Lead Shares means the 200,000 shares of Company common stock being issued for services rendered by the Fund.
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Examples of Lead Shares in a sentence

  • The purchase price with respect to the Lead Shares may not be more favorable to the Lead Investor than that which was set forth in the Participation Notice unless the Lead Investor delivers a Participation Notice in accordance with Section 3.3(c)(i) reflecting the more favorable purchase price.

  • The Debenture, the Shares, the Additional Shares, the Conversion Shares, the Lead Shares and the Anti-Dilution Shares have been duly and validly authorized and, when issued and paid for pursuant to this Agreement, will be validly issued, fully paid and nonassessable, and shall be free and clear of all encumbrances and restrictions (other than those created by the Investor), except for restrictions on transfer set forth in the Transaction Documents or imposed by applicable securities laws.

  • Subject to the terms and conditions of this Agreement, and in reliance upon the representations, warranties and agreements set forth herein, Regent shall transfer and assign to U.S. lead 21,024,004 shares of common stock of U.S. Lead (the "U.S. Lead Shares") constituting all of the shares of common stock of U.S. Lead which were issued to Regent in connection with the Stock Purchase Agreement.

  • If during any given quarter during the -------------------- Term Autoweb delivers Direct Consumers to CarsDirect which convert to Leads at least at the Lead Hurdle applicable to such quarter, CarsDirect shall deliver to Autoweb shares of CarsDirect Series D Preferred Stock (as adjusted for any conversions or reclassifications) according to Exhibit B (the "Lead Shares") within five (5) business days following the end of such quarter.

  • Upon the Closing, the Company agrees to issue the Lead Shares to the Fund for services provided to the Company by the Fund in connection with closing the financing.

  • The delivery to U.S. Lead of the instruments of transfer and ownership contemplated by this Agreement will vest good and marketable title to the U.S. Lead Shares, free and clear of any lien, encumbrance, liability or restriction, except restrictions on transfer under the federal and state securities laws.

  • Within five (5) business days following the Effective Date, Autoweb shall deliver the Stock Certificate to CarsDirect and CarsDirect shall deliver to Autoweb a stock certificate representing 152,797 shares of CarsDirect Series D Preferred Stock - the Referral Shares (as defined in Section 2.1) and 2Q00 Lead Shares (as defined in Section 2.6).

  • U.S. Lead and Regent acknowledge that Regent has delivered $1,131,100 as payment for U.S. Lead Shares pursuant to the Stock Purchase Agreement.

Related to Lead Shares

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Escrowed Shares has the meaning set forth in Section 2.4.

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • Trust Shares means the shares of beneficial interest of the Trust where each such share represents an undivided beneficial interest in one Trust Interest; provided, that in the event that all outstanding shares of beneficial interest of the Trust are exchanged for Trust Interests in accordance with the terms of the LLC Agreement, all references herein to “Trust Shares” shall automatically be deemed to refer to Trust Interests upon such exchange.