Examples of Outstanding Equity Securities in a sentence
At the earlier of such time as (A) seventy-five percent (75%) or more of the Preferred Stock acquired by the Investcorp Investors in the Restructuring has been repurchased by the Company or converted into Common Stock and (B) the Investcorp Investors collectively own or hold in the aggregate a number of Equity Securities that is less than twenty percent (20%) of the total number of Outstanding Equity Securities, the rights granted to the Investcorp Investors pursuant to this Section 4.4(b) shall terminate.
Except as disclosed in Section 3.24 of the Seller Disclosure Letter, all of the Outstanding Equity Securities may be freely transferred by Sellers to Buyer pursuant to this Agreement without restriction.
Upon the consummation of the Contemplated Transactions, the Buyer will acquire good and valid title to the Outstanding Equity Securities, free and clear of all Encumbrances.
All of the Outstanding Equity Securities are duly authorized, validly issued, fully paid and nonassessable and have been issued in compliance with all applicable laws.
DMSL may, for so long as DMSL’s Percentage is 20% or more of the Outstanding Equity Securities, by written notice to Primero, request Primero to provide DMSL or its Affiliates with such financial information as DMSL or its Affiliates may reasonably request in order to prepare financial statements required to be prepared by DMSL or its Affiliates.