Examples of Fifth Closing in a sentence
The Fifth Closing Investor LLC-MBO LLC Warrant Agreement provides that upon the occurrence of certain events, the type and/or number of the Company’s securities issuable upon exercise of the Warrants, and the Exercise Price, may, subject to certain conditions, be adjusted.
All terms used in this Warrant Certificate which are not defined herein and are defined in the Fifth Closing Investor LLC-MBO LLC Warrant Agreement shall have the meanings assigned to them in the Fifth Closing Investor LLC-MBO LLC Warrant Agreement.
A copy of the Fifth Closing Investor LLC-MBO LLC Warrant Agreement may be obtained by the holder(s) hereof upon written request directed to the Company.
The Warrants evidenced by this Warrant Certificate may only be exercised at such times and in such amounts as are provided for in the Fifth Closing Investor LLC-MBO LLC Warrant Agreement.
Upon exercise of the Warrants, payment of the applicable Exercise Price shall be made, at the holder’s option, in cash or pursuant to a Cashless Exercise (as defined in the Fifth Closing Investor LLC-MBO LLC Warrant Agreement).
On the terms and subject to the conditions set forth herein, the purchase and sale of the 800,000 Class A Preferred Shares to have occurred pursuant to the Purchase Agreement at the Fourth Closing and the Fifth Closing (the "Accelerated Shares") shall be accelerated, as contemplated pursuant to Section 5.15(b)(1) of the Purchase Agreement.
This Agreement shall become effective immediately upon the Fifth Closing.
At the Fifth Closing, the Company shall deliver to each Investor participating in the Fifth Closing (a) a duly executed Note (in the principal amount set forth on the Schedule of Investors attached hereto under the heading “Fifth Closing Principal Amount of Note”) and (b) a duly executed Warrant to purchase the Warrant Shares.
In such event the provisions relating to the consummation of the Fifth Closing, the Sixth Closing and/or Seventh Closing, as applicable, shall terminate and shall have no further force and effect.
The sale of the Fifth Notes and the issuance of the Fifth Warrants shall take place at a fifth closing (the "Fifth Closing") at the offices of Company’s counsel, Fxxxxxx Bxxxx Cxxx Well Orion & Co., at Ha-Migdal, 3 Dani'el Fxxxxx St., Tel Aviv, Israel, on July 25, 2016, or at such later time and place as the Company and the Major Purchasers shall mutually agree in writing (the "Fifth Closing Date").