Registration Release Date definition
Registration Release Date means the earlier to occur of (i) the Effective Date (as defined in the Registration Rights Agreement) of a Registration Statement registering all of the Registrable Securities (as defined in the Registration Rights Agreement) and (ii) the later of (x) the initial date all of the Registrable Securities are eligible to be sold pursuant to Rule 144 and (y) the date no Current Public Information Failure (as defined in the Registration Rights Agreement) exists or is continuing.
Registration Release Date means the 11th full Trading Day following the AGENDA Results Date, but only if for each of the 10 consecutive Trading Days (each such Trading Day a “Test Date”) commencing on and including the first full Trading Day following the AGENDA Results Date and ending on and including the tenth full Trading Day following the AGENDA Results Date: (A) the Daily Closing Price (as defined in the B Notes) is greater than the Conversion Price (as defined in the B Notes) on such Test Date by an amount equal to or greater than 300% of the Conversion Price on such Test Date, (B) the Equity Conditions (as defined in the B Notes) shall have been satisfied on such Test Date and (C) all Conversion Shares outstanding on such Test Date that were issued upon conversion of all Closing Notes and all Conversion Shares issuable upon conversion of any Closing Notes outstanding on such Test Date shall have been Tradable (as defined in the B Notes) on such Test Date.
Registration Release Date means the Effective Date (as defined in the Registration Rights Agreement) of a Registration Statement registering all of the Registrable Securities (as defined in the Registration Rights Agreement).
Examples of Registration Release Date in a sentence
At any time prior to the earlier of (x) the Registration Release Date and (y) such date as only $2.5 million in aggregate principal remains outstanding under the Notes, the Company’s Available Cash as of each Fiscal Quarter shall equal or exceed $1,500,000 (as reduced, on a dollar-for-dollar basis by any Redemption Price paid to any holder of Notes on or after the Issuance Date) (the “Available Cash Test”).
More Definitions of Registration Release Date
Registration Release Date means the earlier to occur of (i) the Effective Date (as defined in the Registration Rights Agreement) of a Registration