Examples of Series B Securities Purchase Agreement in a sentence
The Company hereby consents to the transfer of the Series B Shares from Shaar to Buyer, and further consents to the assignment referred to in Paragraph B of Article VIII of the Series B Securities Purchase Agreement, providing for the assignment by Shaar to Buyer of all of its rights under the Series B Stock.
All expenditures of the proceeds resulting from the sales of securities by the Corporation pursuant to the Series B Securities Purchase Agreement shall require the unanimous, prior, written approval of the members of the Investment Oversight Committee.
Off-Shore shall have delivered to the Company, and the Company shall have delivered to the Purchaser copies of, all documents necessary to evidence the conversion, exchange and payment in full of the Off-Shore Debt into and for the shares of Series B Preferred Stock to be purchased by Off-Shore under the Off-Shore Series B Securities Purchase Agreement and the termination of all agreements and instruments relating to the Off-Shore Debt, all which documents shall reasonably be satisfactory to the Purchaser.
Except as provided for in the Series A ------------ ------ Securities Purchase Agreement, the Series B Securities Purchase Agreement, the Series C Securities Purchase Agreement and the Registration Rights Agreement and as contemplated hereby, the Company is under no obligation to register under the Securities Act any of its currently outstanding securities or any of its securities which may hereafter be issued.
All notices, requests, consents and other communications hereunder shall be in writing, shall be addressed to the receiving party's address set forth in Section 10.1 of the Series B Securities Purchase Agreement or to such other address as a party may designate by notice hereunder, and shall be either (i) delivered by hand, (ii) made by telecopy or facsimile transmission, (iii) sent by recognized national overnight courier service, or (iv) sent by registered mail, return receipt requested, postage prepaid.
The Series B Securities Purchase Agreement is hereby amended to provide that the provisions of Section 2(l) ("Waiver of Right to Vote Shares of Incara Stock") shall terminate with respect to any shares of Series B Preferred Stock assigned or transferred to any person or entity other than a subsidiary of Elan Corp, effective as of the date of such assignment or transfer.
Except as provided for in the Series A Securities Purchase Agreement, the Series B Securities Purchase Agreement and the Registration Rights Agreement and as contemplated hereby, the Company is under no obligation to register under the Securities Act any of its currently outstanding securities or any of its securities which may hereafter be issued.
In the event that the Corporation offers to an unrelated party any type of equity security for conventional financing purposes, then each holder of Series B Preferred Stock shall have the right, pursuant to the Series B Securities Purchase Agreement, to participate in such purchase on the same price and terms and conditions as the Corporation offers to any other potential investor.
Upon receipt of each payment to the Holder and the other holders of Series B Warrants under the Call Option Agreement (a "Cancellation Date"), there shall automatically be cancelled Warrants covering that number of Warrant Shares as is calculated pursuant to the terms of the Series B Securities Purchase Agreement.
Raymond Bilbao, Esquire, and (ii) if to any holder to the address set forth under such holder’s name on the execution page to the Series B Securities Purchase Agreement, or such other address as any party may be designated in writing hereafter, in the same manner, by such person.