Purchase Option Shares definition

Purchase Option Shares means the units issuable pursuant to the Purchase Option, the Common Stock and warrants included in such units and the Common Stock issuable upon exercise of such warrants.
Purchase Option Shares means the securities underlying the Purchase Option that have been granted registration rights by the Company pursuant to the Purchase Option.
Purchase Option Shares means 450,000 shares of Common Stock less an amount equal to 1/36th of such shares for each and every full month which has elapsed from March 15, 1999 until the date Xx. Xxxxx Ceases Employment or all such shares are no longer subject to the Purchase Option.

Examples of Purchase Option Shares in a sentence

  • When the Registration Statement becomes effective under the Act and when the Purchase Option Units are delivered to and paid for by the Representative in accordance with the terms of the Purchase Option, the Purchase Option Shares will be validly issued, fully paid and non-assessable.

  • The Equity Investor and any Assignee shall be entitled to registration rights in respect of the Subject Equity Securities and Purchase Option Shares acquired by the Equity Investor and such Assignee, as applicable, pursuant to this letter, on the same terms and pursuant to and in accordance with any Registration Rights Agreement, to which Buyer, such Assignee and/or the Equity Investor is a party (as amended, each a “Registration Rights Agreement” and together, the “Registration Rights Agreements”).

  • Buyer hereby acknowledges and agrees that the Registration Rights Agreement to which the Equity Investor or any Assignee is a party shall apply with respect to the Subject Equity Securities and Purchase Option Shares held by the Equity Investor or such Assignee, as applicable, and such Subject Equity Securities and Purchase Option Shares shall constitute Registrable Securities (as defined in the applicable Registration Rights Agreement) under the applicable Registration Rights Agreement, mutatis mutandis.

  • When the Company has executed and delivered the Purchase Option Shares and received payment therefor at a price per Share not less than the par value per share of Common Stock in accordance with the Purchase Option and as contemplated by the Registration Statement, the Purchase Option Shares will be validly issued, fully paid and nonassessable.

  • The Common Shares, the Purchase Option Shares, the Warrant Shares, the Selling Securityholder Warrant Shares and the Aftermarket Shares have each been duly and validly authorized and, when issued and paid for as described in the Registration Statement, will be duly and validly issued and fully paid and nonassessable.

  • Prior to the Termination Date, Executive shall not (a) subject any of the Purchase Option Shares to, or suffer to exist on any of the Purchase Option Shares, any lien, pledge, security interest, charge or other encumbrance or restriction, other than pursuant to this Agreement, or (b) sell, transfer, assign, convey or otherwise dispose of any of the Purchase Option Shares (including any such action by operation of law), other than a disposition by operation of law pursuant to the Merger.

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  • The Purchase Option Shares are duly authorized and, when issued, delivered, sold and paid for upon exercise of the Purchase Option, as contemplated by the Purchase Option and the Registration Statement, will be validly issued, fully paid and non-assessable.

  • The Purchase Option Shares, when issued, delivered, sold and paid for upon exercise of the Purchase Option, as contemplated by the Purchase Option and the Registration Statement, will be duly authorized, validly issued, fully paid and non-assessable.

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More Definitions of Purchase Option Shares

Purchase Option Shares has the meaning set forth in the recitals to the Registration Rights Agreement. Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934, as amended.
Purchase Option Shares shall have the meaning assigned to such term in Section 4.01(c) of the Purchase Agreement.
Purchase Option Shares. (as defined in Section 7.02(a)) (the "Minimum Condition") on the date of purchase, and (ii) those conditions of the Offer set forth in Annex A hereto. Subject to the prior satisfaction or waiver by Merger Sub of the Minimum Condition and the other conditions of the Offer set forth in Annex A hereto, Merger Sub shall, and Parent shall cause Merger Sub to, accept for payment, and pay for, in accordance with the terms of the Offer, all shares of Company Common Stock validly tendered and not withdrawn pursuant to the Offer on the expiration date of the Offer, as determined in accordance with Section 1.01(b) below. The Offer shall be made by means of an offer to purchase (the "Offer to Purchase") that contains the terms set forth in this Agreement.
Purchase Option Shares has the meaning set forth in the recitals to the Registration Rights Agreement.
Purchase Option Shares other than in 100 share amounts. The price of both the Firm Shares and any Option Shares shall be $_____ per share. The Company and the Selling Shareholders shall not be obligated to deliver any of the Shares to be delivered on any Delivery Date (as hereinafter defined), as the case may be, except upon payment for all the Shares to be purchased on such Delivery Date as provided herein.
Purchase Option Shares means 1,087,500 shares of Common Stock less an amount equal to 1/36th of such shares for each and every full month which has elapsed from March 15, 1999 until the date Mr. Sun Ceases Employment or all such shares are no longer subject to the Purchase Option.

Related to Purchase Option Shares

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2011-1 Vehicle for which the related 2011-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Purchase Option Notice As defined in Section 3.18(e).

  • Purchase Option Period As defined in Section 9.03(a) hereof.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Purchase Option As defined in Section 3.18(c).

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Remaining Shares shall have the meaning set forth in Section 2.03(a).

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Offering Shares means the shares of Common Stock issued to the Purchasers pursuant to the Subscription Agreements, and any shares of Common Stock issued or issuable with respect to such shares upon any stock split, dividend or other distribution, recapitalization or similar event with respect to the foregoing.

  • Note Shares means the shares of Common Stock issuable upon conversion of the Notes.

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Purchase Shares has the meaning set forth in Section 2.2(a) hereof.

  • Conversion Shares means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance with the terms hereof.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Warrant Shares means the shares of Common Stock issuable upon exercise of the Warrants.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Optioned Shares means the common shares of the Company, issuable on exercise of the Option; and

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • Purchased Shares has the meaning set forth in Section 2.01.