Commitment Fee Shares definition

Commitment Fee Shares shall have the meaning set forth in Section 13.04.
Commitment Fee Shares means any shares of Common Stock issued to Investor in payment of the Commitment Fee.
Commitment Fee Shares means 500,000 restricted shares of the Company’s Common Stock to be issued to the Investor upon entry into this Agreement.

Examples of Commitment Fee Shares in a sentence

  • The number of Commitment Fee Shares to be delivered on the Initial Delivery Date shall be determined by dividing by the lowest one-day VWAP during the five (5) Trading Days immediately preceding the date hereof (the “Initial Commitment Share Reference Price” and such number of Commitment Fee Shares, the “Initial Commitment Share Amount”).

  • In respect of the foregoing, Commitment Fee Shares shall be issued upon the expiration of the standstill period pursuant to Section 6.12 (the “Initial Delivery Date”).

  • The Company and the Investor acknowledge that such Commitment Fee Shares or Common Stock (as applicable) credited to the account with DTC of the Investor’s designated Broker-Dealer shall be eligible for transfer to the third-party purchasers of such Commitment Fee Shares or Common Stock or their respective Broker-Dealers as DWAC Shares.

  • The Company may terminate this Agreement effective upon five (5) Trading Days’ prior written notice to the Investor; provided that (i) there are no outstanding Advance Notices, the Common Stock in respect of which has yet to be issued, and (ii) the Company has paid all amounts owed to the Investor pursuant to this Agreement including, without limitation, all Commitment Fee Shares.


More Definitions of Commitment Fee Shares

Commitment Fee Shares has the meaning given to such term in Section 1.5 hereof.
Commitment Fee Shares shall have the meaning assigned to such term in Section 4.12(d).
Commitment Fee Shares means, collectively, (i) the shares of Common Stock issued to ▇▇▇▇▇▇, SCANA and other Holders on the Closing Date pursuant to the Purchase Agreements and (ii) any securities paid, issued or distributed in respect of any shares of Common Stock referred to in clause (i) by way of stock dividend or distribution or stock split or in connection with a combination of shares, recapitalization, reorganization, merger, consolidation or otherwise.
Commitment Fee Shares means, collectively, (A) 125,000 restricted shares of HOFREC Common Stock, which were issued to Lender on or about March 1, 2022, and (B) an additional 225,900 restricted shares of HOFREC Common Stock, which were issued to Lender on or about December 22, 2022.
Commitment Fee Shares has the meaning given in Section 2.1(c).
Commitment Fee Shares means any shares of Common Stock issued to Investor in payment of the Commitment Fee. The Company shall take all steps necessary to have all restrictive legends removed from the stock certificate evidencing Commitment Fee Shares prior to delivery to Investor or its designee, including without limitation causing the Company’s counsel to issue any necessary opinions to the Transfer Agent.
Commitment Fee Shares means freely tradable and legend free shares of Common Stock issued in payment of the Commitment Fee. “Common Shares” includes the Warrant Shares, the Additional Investment Shares, and any Commitment Fee Shares.