Examples of Second Subscription Shares in a sentence
Subject to clause 2.2, on the Second Completion Date, the Subscriber or its nominee agrees to subscribe (in aggregate) for the Second Subscription Shares and the Company agrees to allot and issue the Second Subscription Shares fully paid to the Subscriber at the Subscription Price.
Each Investor understands that no representation has been made as to the availability of any exemption under the Securities Act for the reoffer, resale, pledge or transfer of the First Subscription Shares (and, to the extent allotted and issued to the Second Investor, the Second Subscription Shares).
An Investor shall not be obliged to complete the subscription and allotment of the Second Subscription Shares unless the Company and the Existing Shareholder comply fully with the requirements of this clause 4 and paragraphs (ii) to (iii), inclusive, of part II of schedule 6.
At completion of the subscription and allotment of the Second Subscription Shares, the parties shall perform all of their respective obligations set out in part II of schedule 6.
Subject to Completion having taken place, completion of the subscription and allotment of the Second Subscription Shares shall take place at Units 2502-3, Worldwide House, 19 Des Voeux Road Central, Hong Kong, or at such other place as the parties may mutually agree, at 5.00pm on a date in accordance with clause 2.1.2.
Barclays undertakes to pay on the First Subscription Date to the Second Investor a subscription fee of U.S.$20,000,000 (plus any applicable value added tax) in respect of its undertaking to subscribe for the Second Subscription Shares pursuant to this Agreement.
Provided the Company elects to proceed with the Second Completion pursuant to Clause 5.3, following satisfaction of the Second Conditions, GENENCOR agrees to subscribe for the Second Subscription Shares.
Post Second Completion The Company shall procure the entry of GENENCOR in the register of members of the Company as the registered holder of the Second Subscription Shares and the delivery to GENENCOR of appropriate share certificate(s) duly executed by the Company in respect of the Second Subscription Shares within 3 business days following Second Completion.
The Company shall not in respect of each Investor be obliged to complete the subscription and allotment of the Second Subscription Shares unless that Investor complies fully with the requirements of this clause 4 and paragraph (i) of part II of schedule 6.
The Third Investor hereby agrees, subject to the issue of the Second Subscription Shares, to subscribe for a warrant in respect of 60,897,436 new Barclays Ordinary Shares at the Warrant Subscription Price on the date hereof and pay the Warrant Subscription Price to Barclays on such date to such account as Barclays shall notify to the Third Investor in writing.