Examples of Assigned Shares in a sentence
Please immediately transfer all of the Assigned Shares to our company/[insert entity or individual’s name] pursuant to the Call Option Agreement within [insert days] days upon receipt of this notice.
Assignee is acquiring the Assigned Shares without being furnished any offering materials or prospectus.
The Assigned Shares were not offered to Assignee by means of publicly disseminated advertisements or sales literature.
Assignee acknowledges that the Assigned Shares are being issued to Assignee without registration under any state or federal law requiring the registration of securities for sale, and accordingly will constitute "restricted securities" as defined in Rule 144 promulgated under the Securities Act of 1933, as amended (the "Act").
Simultaneously herewith or shortly after the Closing, the Buyer will deliver payment of the purchase price in the form provided below and the Seller will direct the Company’s transfer agent (the “Transfer Agent) to register such Assigned Shares in Buyer’s name, effective as of the Closing.
Assignee acknowledges that an investment in the Assigned Shares is speculative and involves a high degree of risk, including a risk of loss of the entire investment in the Company, and Assignee may have to continue to bear the economic risk of the investment in the Assigned Shares for an indefinite period.
The closing of the purchase and sale of the Assigned Shares under this Agreement shall occur simultaneously with the execution of this Agreement by the Parties and shall be effective as of the date first noted above.
The transferability of the Assigned Shares is therefor restricted by applicable United States Federal and state securities laws.
Except as set forth in the organizational documents of the Companies provided to Buyer prior to the date hereof, the Assigned Shares are not subject to any voting trusts, proxies or other contracts or understandings with respect to voting, redemption, sale, transfer or other disposition thereof.
Buyer shall also be responsible for the payment of any and all stamp, documentary, real property transfer, sales, gross receipts, use or similar Taxes or assessments resulting from its acquisition of the Assets and the Assigned Shares contemplated by this Agreement.