Second Closing Date definition
Examples of Second Closing Date in a sentence
The Company shall, as promptly as reasonably practicable and in any event no later than thirty (30) calendar days after Second Closing Date (the “Second Filing Deadline” and each of the Initial Filing Deadline and Second Filing Deadline, a “Filing Deadline”), prepare and file with the SEC a Registration Statement (the “Second Registration Statement”) covering the resale of all Registrable Securities issued in connection with the Second Closing.
From the date of this Agreement until the Second Closing Date, no Fundamental Transaction (as defined in the Certificate of Designation) shall be consummated without the prior written consent of the holders of a majority of the Preferred Stock purchased in the Initial Closing.
On the Second Closing Date, the Company will instruct the Transfer Agent to issue the applicable Shares in book-entry form, free and clear of all restrictive and other legends (except as expressly provided in Section 4.10 hereof) and the Company shall provide evidence of such issuance from the Company’s Transfer Agent as soon as reasonably practical following the Second Closing Date to each Investor.