Private Placement Units definition
Examples of Private Placement Units in a sentence
The Company has duly authorized the issuance and sale of the Private Placement Units to the Purchaser.
The Company shall have obtained the consent of its Board of Directors authorizing the execution, delivery and performance of this Agreement and the Warrant Agreement and the issuance and sale of the Private Placement Units hereunder.
On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.
The Company shall have obtained the consent of its Board of Directors authorizing the execution, delivery and performance of this Agreement and the Share Rights Agreement and the issuance and sale of the Private Placement Units hereunder.
Upon issuance in accordance with, and payment pursuant to, the terms of the Warrant Agreement and this Agreement, the Private Placement Units, the Private Placement Shares and Private Placement Warrants comprising such units, and Private Placement Warrant Shares will constitute valid and binding obligations of the Company, enforceable in accordance with their terms as of the Closing Date.