Prior Securities definition

Prior Securities means, collectively, the common shares, warrants, broker warrants and stock options of RM prior to the Restructuring Transaction;

Prior Securities include the $530,000 face amount redeemable convertible subordinated debenture, $4.5 million common stock purchase warrant, and all shares of Preferred previously issued in connection with the Prior Agreements.

Prior Securities means all securities of the Company which, as of April 27, 1999, were issued and outstanding and which have "piggyback" registration rights.

Examples of Prior Securities in a sentence

• Shareholder approval for the Prior Securities was obtained on August 23, 2016.

• Forms of such landlord consents and letter agreements previously delivered in connection with the Prior Securities Purchase Agreement shall be deemed to be in form and substance satisfactory to the Required Holders.

• The Trustee is not deemed to have a conflicting interest within the meaning of Section 310 (b) (1) of the Act because the indenture securities referenced in (a) above (the "Prior Securities") are not in default and the indenture to be qualified and the indenture entered into in connection with the Prior Securities are wholly unsecured and rank equally.

• Forms of such letter agreements previously delivered in connection with the Prior Securities Purchase Agreement shall be deemed to be in form and substance satisfactory to the Required Holders.

• Bond IIIOn 11 January 2018, the Company entered into a Placing Agreement (the “Placing Agreement III”) with Prior Securities Limited (the “Placing Agent III”) pursuant to which the Placing Agent III on a best effort basis, arranging independent placees to subscribe for 6% coupon unlisted bonds with a term of three years in aggregate principal amount of up to HK$100 million (“Bond III”).

More Definitions of Prior Securities

Prior Securities means the Converted Offering Shares and Promissory Notes.

Prior Securities shall have the meaning ascribed to such term in Section 4.14.

Prior Securities means, collectively, the First Note, the Second Note, the First Warrants and the Second Warrants.

Prior Securities means, collectively, (a) the Common Stock issuable or issued upon conversion of shares of Series Seed Preferred Stock, Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock, (b) the Common Stock acquired pursuant to that certain Common Stock Purchase Agreement by and between the Company, Discovery Global Citizens Master Fund, Ltd., Discovery Global Focus Master Fund, Ltd. and Discovery Global Opportunity Master Fund, Ltd. and the sellers listed therein dated on or about March 21, 2014, and (c) any Common Stock of the Company issued as (or issuable upon the conversion or exercise of any warrant, right or other security that is issued as) a dividend or other distribution with respect to, or in exchange for, or in replacement of, the shares referenced in (a) and (b) above in each case that are Registrable Securities.

Prior Securities shall include the securities listed on Schedule II attached hereto.The “Rights” shall include, without limitation, any rights of a Purchaser pursuant to any subscription, warrant or other agreement between such Purchaser and the Company relating to the Prior Securities. Each Purchaser has been provided with an opportunity to consult with his or her own counsel with respect to the contents of Section 1542 of the Civil Code of California and expressly waives the benefit thereof and any rights such Purchaser may have thereunder. Section 1542 of the Civil Code of the State of California provides as follows:

Prior Securities means the Company’s outstanding 10% Original Issue Discount Senior Secured Convertible Promissory Notes in the total combined principal amount of $2,777,778 (not including accrued and unpaid interest), shares of Common Stock or Common Stock Equivalents issued or issuable pursuant to the Consulting Agreement entered into by the Company on or about December 16, 2022, and all shares of Common Stock issued or issuable pursuant to any of the foregoing.

Prior Securities shall have the meaning set forth in the preamble.