Examples of Nanogen Common Stock in a sentence
Following the Closing, Nanogen shall deliver, or cause to be delivered, to the Exchange Agent a signed letter of instruction for the benefit of Elitech Shareholders authorizing the delivery of the shares of Nanogen Common Stock issuable pursuant to Section 2.1 as of the Closing as consideration for the Elitech Shares.
Upon execution of the definitive Collaborative Research and Development Agreement, Nanogen will issue CR&T a warrant to purchase 1% of the outstanding shares of Nanogen Common Stock on the date hereof, assuming the conversion of all outstanding shares of Nanogen Preferred Stock into shares of Nanogen Common Stock at the applicable conversion ratio (the "Outstanding Shares") at a 25% premium to market price on the date of execution ("First Warrant Strike Price").
No certificates representing fractional shares of Nanogen Common Stock shall be issued upon compliance with the provisions of Section 4.1 and no dividend, stock split or other change in the capital structure of Nanogen shall relate to such fractional security and such fractional interests shall not entitle the owner thereof to exercise any rights as a security holder of Nanogen.
All issued and outstanding shares of Nanogen Common Stock have been duly authorized and validly issued, are fully paid and nonassessable, and were issued in compliance with all applicable federal and state securities Laws.
On such date, shares of Nanogen Common Stock (and associated Nanogen Rights) (and any dividends or distributions with respect thereto) to which the former registered holder of the certificate referred to in the preceding sentence was ultimately entitled shall be deemed to have been surrendered for no consideration to Nanogen, together with all entitlements to dividends, distributions, cash and interest in respect thereof held for such former registered holder.
Nanogen will issue five-year warrants to CR&T to purchase a specified number of shares of Nanogen Common Stock at the specified premiums to the market price (the "Strike Price") as follows: o The parties will immediately commence discussions regarding the preparation of a definitive Collaborative Research and Development Agreement.
At or as promptly as practicable after the Effective Time, Nanogen shall deposit with the Depositary, for the benefit of the holders of Company Common Shares and Company Debentures who will receive Nanogen Common Stock in connection with the Arrangement, certificates representing the Nanogen Common Stock (and associated Nanogen Rights) issuable under the Arrangement.
Apart from its CEA duties (deciding CEA programmes, adopting the CEA budget, and approving share acquisitions and sales), the Atomic Energy Committee may be asked to look into general nuclear policy matters.
Notwithstanding any other provisions of this Agreement, no dividends or other distributions on shares of Nanogen Common Stock shall be paid with respect to any Elitech Share until such Elitech Share is surrendered for exchange as provided herein.
In accordance with their terms, each Company Warrant outstanding that has not been duly exercised prior to the Effective Time shall, without any further action by or on behalf of the Company Warrantholders, be converted into a warrant (a “ Replacement Warrant”) to purchase that number of shares of Nanogen Common Stock equal to the number of Company Common Shares subject to such Company Warrant multiplied by the Exchange Ratio.