New Subscription definition
Examples of New Subscription in a sentence
The Company shall, on the Trading Day following the date of payment of the New Subscription Amounts, issue a Current Report on Form 8-K, reasonably acceptable to the New Purchaser, disclosing the material terms of the transactions contemplated hereby and attaching this Agreement as an exhibit thereto.
The Company hereby acknowledges its receipt of the New Subscription Amount from each New Purchaser.
Except as contemplated by this Agreement, the Shareholders Agreement, the New Subscription Agreements and any Management Incentive Plan, there is no commitment by the Company to issue shares, subscriptions, warrants, options, profits interest, convertible or exchangeable securities or other such rights or to distribute to holders of its equity securities any evidence of indebtedness or asset.
The Company hereby acknowledges its receipt of the New Subscription Amounts from each of the New Purchasers on the dates set forth on the signature page hereto.
The New Subscription will be effective from the date set out in the Order and set up as if the Account Holder were an entirely new customer with no access to any Profile Snapshots, reconstituted or historic Connections, Documentation, Content and/or Deliverables (including any Assessment Results or related data).
The New Subscription will be effective from the date set out in the Order and the Account Holder shall be granted access to any relevant Profile Snapshots created by ▇▇▇▇▇▇ at the end of the last Subscription Period.
The Company shall deliver to IITK a certified copy of the register of members in Form MGT.1 as at the date of allotment of the New Subscription Securities and the date immediately prior to the date of such allotment, certified by a Director to be true, complete and correct.
SUBSCRIPTION TO THE NEW SUBSCRIPTION SECURITIES Subject to the terms of this Agreement and relying on the Warranties, on the Closing Date, IITK hereby jointly and severally agree to subscribe to, and the Company hereby agrees to allot and issue to IITK the New Subscription Securities at a pre-money valuation of INR [●] /- Indian Rupees [●].
The Company shall, on the Trading Day following the date of payment of the New Subscription Amounts, issue a Current Report on Form 8-K, reasonably acceptable to the New Purchasers, disclosing the material terms of the transactions contemplated hereby and attaching this Agreement as an exhibit thereto.
The Company and the Promoters have complied all the regulatory requirements of the Companies ▇▇▇ ▇▇▇▇ or any other Applicable Laws in India for the allotment of the New Subscription Securities to IITK.