Common use of Description of Units Clause in Contracts

Description of Units. We may issue units comprised of one or more of the other securities described in this prospectus in any combination. Each unit will be issued so that the holder of the unit is also the holder of each security included in the unit. Thus, the holder of a unit will have the rights and obligations of a holder of each included security (but, to the extent convertible securities are included in the units, the holder of the units will be deemed the holder of the convertible securities and not the holder of the underlying securities). The unit agreement under which a unit is issued, if any, may provide that the securities included in the unit may not be held or transferred separately, at any time or at any time before a specified date. The applicable prospectus supplement may describe: ● the designation and terms of the units and of the securities comprising the units, including whether and under what circumstances those securities may be held or transferred separately; ● any provisions for the issuance, payment, settlement, transfer or exchange of the units or of the securities comprising the units; ● the terms of the unit agreement governing the units; ● United States federal income tax considerations relevant to the units; and ● whether the units will be issued in fully registered global form. This summary of certain general terms of units and any summary description of units in the applicable prospectus supplement do not purport to be complete and are qualified in their entirety by reference to all provisions of the applicable unit agreement and, if applicable, collateral arrangements and depositary arrangements relating to such units. The forms of the unit agreements and other documents relating to a particular issue of units will be filed with the SEC each time we issue units, and you should read those documents for provisions that may be important to you.

Appears in 3 contracts

Sources: At the Market Offering Agreement, Open Market Sale Agreement, Open Market Sale Agreement

Description of Units. We may issue units comprised of comprising one or more of the other securities described in this prospectus in any combination. Each unit will be issued so that the holder of the unit is also the holder of each security included in the unit. Thus, the holder of a unit will have the rights and obligations of a holder of each included security (but, to the extent convertible securities are included in the units, the holder of the units will be deemed the holder of the convertible securities and not the holder of the underlying securities)security. The unit agreement under which a unit is issued, if any, issued may provide that the securities included in the unit may not be held or transferred separately, at any time or at any time before a specified date. The applicable prospectus supplement may will describe: the designation and terms of the units and of the other securities comprising the units, including whether and under what circumstances those securities may be held or transferred traded separately; • the terms of the unit agreement governing the units; • any provisions for the issuance, payment, settlement, transfer or exchange of the units or of the securities comprising the units; the terms of the unit agreement governing the units; ● United States U.S. federal income tax considerations relevant to the units; and whether the units will be issued in fully registered global form. This summary of certain general terms of units and any summary description of units in the applicable prospectus supplement do not purport to be complete and are qualified in their entirety by reference to all provisions of the applicable unit agreement and, if applicable, collateral arrangements and depositary arrangements relating to such units. The forms of the unit agreements and other documents relating to a particular issue of units will be filed with the SEC as an exhibit to the registration statement of which this prospectus is a part or a document that is incorporated or deemed to be incorporated by reference in this prospectus each time we issue units, and you should read those documents for provisions that may be important to you.

Appears in 2 contracts

Sources: Sales Agreement, Sales Agreement

Description of Units. We As specified in the applicable prospectus supplement, we may issue units comprised of one or more of the other securities described in this prospectus in any combination. Each unit will be issued so that the holder of the unit is also the holder of each security included in the unit. Thus, the holder of a unit will have the rights and obligations of a holder of each included security (but, to the extent convertible securities are included in the units, the holder of the units will be deemed the holder of the convertible securities and not the holder of the underlying securities)security. The unit agreement under which a unit is issued, if any, may provide that the securities included in the unit may not be held or transferred separately, at any time or at any time before a specified date. The applicable prospectus supplement may will describe: the designation and terms of the units and of the securities comprising the units, including whether and under what circumstances those the securities comprising the units may be held or transferred separately; • a description of the terms of any unit agreement governing the units; • a description of the provisions for the issuance, payment, settlement, transfer or exchange of the units or of the securities comprising the units; ● the terms • a discussion of the unit agreement governing the units; ● United States material federal income tax considerations relevant to the unitsconsiderations, if applicable; and whether the units will be issued in fully registered or global form. This summary The descriptions of certain general terms of the units and any summary description of units applicable underlying security or pledge arrangements in the applicable this prospectus and in any prospectus supplement do not purport to be complete and are qualified in their entirety by reference to all summaries of the material provisions of the applicable unit agreement andagreements. These descriptions do not restate those agreements in their entirety and may not contain all the information that you may find useful. We urge you to read the applicable agreements because they, if applicableand not the summaries, collateral arrangements and depositary arrangements relating to such define many of your rights as holders of the units. The forms For more information, please review the form of the unit agreements and other documents relating to a particular issue of units relevant agreements, which will be filed with the SEC each time we issue units, promptly after the offering of units and you should read those documents for provisions that may will be important to youavailable as described under the heading "Where You Can Find More Information."

Appears in 1 contract

Sources: At Market Issuance Sales Agreement

Description of Units. We may issue units comprised consisting of one or more any combination of the other securities described in this prospectus in any combinationour common stock, preferred stock and warrants. Each We will issue each unit will be issued so that the holder of the unit is also the holder of each security included in the unit. ThusAs a result, the holder of a unit will have the rights and obligations of a holder of each included security (but, to the extent convertible securities are included in the units, the holder of the units will be deemed the holder of the convertible securities and not the holder of the underlying securities)security. The unit agreement under which a unit is issued, if any, issued may provide that the securities included in the unit may not be held or transferred separately, at any time or at any time before a specified date. The summary below and that contained in any prospectus supplement is qualified in its entirety by reference to all of the provisions of the unit agreement and/or unit certificate, and depositary arrangements, if applicable. We urge you to read the applicable prospectus supplement supplements and any related free writing prospectuses related to the units that we may offer under this prospectus, as well as the complete unit agreement and/or unit certificate, and depositary arrangements, as applicable, that contain the terms of the units. The applicable prospectus supplement, information incorporated by reference or free writing prospectus may describe: ● the designation and terms of the units and of the securities comprising the units, including whether and under what circumstances those securities may be held or transferred separately; ● any provisions for the issuance, payment, settlement, transfer transfer, or exchange of the units or of the securities comprising composing the units; ● the terms of the unit agreement governing the units; ● United States federal income tax considerations relevant to the units; and ● whether the units will be issued in fully registered or global form. This summary of certain general ; and ● any other terms of units and any summary description of units in the applicable prospectus supplement do not purport to be complete and are qualified in their entirety by reference to all provisions of the applicable unit agreement and, if applicable, collateral arrangements and depositary arrangements relating to such units. The forms applicable provisions described in this section, as well as those described under “Description of the Our Capital Stock” and “Description of Warrants” above will apply to each unit agreements and other documents relating to a particular issue of units will be filed with the SEC each time we issue unitssecurity included in each unit, and you should read those documents for provisions that may be important to yourespectively.

Appears in 1 contract

Sources: Sales Agreement

Description of Units. We may may, from time to time, issue units comprised of one or more of the other securities described in that may be offered under this prospectus prospectus, in any combination. Each unit may also include debt obligations of third parties, such as U.S. Treasury securities. Each unit will be issued so that the holder of the unit is also the holder of each security included in the unit. Thus, the holder of a unit will have the rights and obligations of a holder of each included security (but, to the extent convertible securities are included in the units, the holder of the units will be deemed the holder of the convertible securities and not the holder of the underlying securities)security. The unit agreement under which a unit is issued, if any, issued may provide that the securities included in the unit may not be held or transferred separately, separately at any time time, or at any time before a specified datedate or other specific circumstances occur. The summary of the terms of the units contained in this prospectus is not complete and is subject to, and is qualified in its entirety by, all provisions of the applicable unit agreements. Any prospectus supplement may related to any particular units will describe, among other things: · the designation and material terms of the units and of the securities comprising the units, including whether and under what circumstances those securities may be held or transferred separately; · any material provisions for relating to the issuance, payment, settlement, transfer or exchange of the units or of the securities comprising the units; ● the terms · if appropriate, a discussion of the unit agreement governing the units; ● United States certain material U.S. federal income tax considerations relevant applicable to the units; and ● whether the units will be issued in fully registered global form. This summary of certain general terms of units and · any summary description of units in the applicable prospectus supplement do not purport to be complete and are qualified in their entirety by reference to all material provisions of the applicable governing unit agreement and, if applicable, collateral arrangements and depositary arrangements relating to such unitsthat differ from those described above. The forms applicable provisions described in this section, as well as those described under “Description of the Capital Stock,” “Description of Debt Securities” and “Description of Warrants,” will apply to each unit agreements and other documents relating to a particular issue of units will be filed with the SEC each time we issue unitssecurity included in each unit, and you should read those documents for provisions that may be important to yourespectively.

Appears in 1 contract

Sources: At the Market Offering Agreement

Description of Units. We may issue units comprised of one or more of the other securities described in this prospectus in any combination. Each unit will be issued so that the holder of the unit is also the holder of each security included in the unit. Thus, the holder of a unit will have the rights and obligations of a holder of each included security (but, to the extent convertible securities are included in the units, the holder of the units will be deemed the holder of the convertible securities and not the holder of the underlying securities). The unit agreement under which a unit is issued, if any, issued may provide that the securities included in the unit may not be held or transferred separately, at any time or at any time before a specified date. The applicable prospectus supplement may describe: ● the designation and terms of the units and of the securities comprising the units, including whether and under what circumstances those securities may be held or transferred separately; ● any provisions for the issuance, payment, settlement, transfer or exchange of the units or of the securities comprising the units; ● the terms of the unit agreement governing the units; ● United States federal income tax considerations relevant to the units; and ● whether the units will be issued in fully registered global form. This summary of certain general terms of units and any summary description of units in the applicable prospectus supplement do not purport to be complete and are qualified in their entirety by reference to all provisions of the applicable unit agreement and, if applicable, collateral arrangements and depositary arrangements relating to such units. The forms of the unit agreements and other documents relating to a particular issue of units will be filed with the SEC each time we issue units, and you should read those documents for provisions that may be important to you.

Appears in 1 contract

Sources: Sales Agreement