Examples of October Purchase Agreement in a sentence
Any capitalized term used but not defined in this Assignment has the same meaning as in the October Purchase Agreement.
Except as provided in the Stock Pledge Agreement (the "STOCK PLEDGE AGREEMENT") entered into by Global and the Plaintiffs in connection with the October Purchase Agreement, there are no agreements or understandings between Global and any other person or entity with respect to the Encumbrance, sale or transfer of the Pledged Shares.
The Secured Parties hereby consent to the October Financing and, in connection therewith, the Debtor’s execution, delivery and performance of the October Purchase Agreement, the sale of the October Notes and the consummation of the other transactions and execution of the other agreements and documents contemplated by the October Purchase Agreement.
Further, in connection with the October Purchase Agreement, the Company is restricted from (i) issuing or filing any registration statement to offer the sale of any common stock or securities convertible into or exercisable for shares of common stock until 75 days after the date thereof; and (ii) entering into an agreement to effect any issuance of common stock involving a Variable Rate Transaction (as defined therein) during the term of the agreement, subject to certain exceptions set forth therein.
No modification of this Agreement or of the March Purchase Agreements, the October Purchase Agreement or the related promissory notes or any other document related thereto, or any waiver of rights under any of the foregoing, shall be effective unless made by supplemental agreement, in writing, executed by Purchasers and the Company.
This Pre-IPO Note shall be exchanged for a Post-IPO Note of like tenor, with the same date of issuance, same Principal Amount and the same payee as in this Pre-IPO Note, subject to the terms and conditions set forth in the October Purchase Agreement.
As of the date of this Agreement, other than the Company's reimbursement obligations relating to the Letter of Credit and the letters of credit contemplated by the October Purchase Agreement, no indebtedness of the Company is senior to the Debentures in right of payment, whether with respect to interest, premium or upon liquidation or dissolution, or otherwise, and the Debentures shall rank equally with the Secured Debentures as defined in and to be issued under the October Purchase Agreement.
We considered a pool, thinking more kids would be enticed to swim in it instead of a lake.
On October 25, 2022, the Company issued 12,500,000 shares of common stock pursuant to the October Purchase Agreement, which resulted in proceeds of $3,601, net of offering costs of $ 399.
The change in fair value of such warrants as a result of the new exercise price is approximately $200 and the Company accounted for this change as part of the change in fair value of derivative liability (see Note 10).Further, as a result of the October Purchase Agreement, certain warrants which previously had an exercise price of $0.75 per share had the exercise price reduced to $0.34 per share, which resulted in the Company recognizing a deemed dividend of $246 (see Note 11).