Commitment Shares Determination Date definition
Examples of Commitment Shares Determination Date in a sentence
In consideration for the Investor’s execution and delivery of this Agreement, the Company shall issue the Commitment Shares to the Investor or its designee (in which case such designee name shall have been provided by the Investor to the Company in writing prior to the Closing Date) on the Commitment Shares Determination Date, which issuance shall be evidenced by one or more book-entry statement(s) reflecting the Commitment Shares in the name of the Investor or its designee.
In consideration for the Investor’s execution and delivery of, and agreement to perform under this Agreement, the Company shall (i) cause the Transfer Agent to issue an amount of shares of Common Stock equal to $800,000 divided by the closing price of the Common Stock on the Commitment Shares Determination Date (the “Initial Commitment Shares”) and (ii) issue to the Investor the Warrant to purchase $4,000,000 of shares of Common Stock, to the Investor as a commitment fee.
In consideration for the Investor’s execution and delivery of, and agreement to perform under this Agreement, the Company shall cause the Transfer Agent to issue an amount of shares of Common Stock equal to $450,000 divided by the closing price of the Common Stock on the Commitment Shares Determination Date (the “Commitment Shares”) to the Investor as a commitment fee.
In consideration for the Investor’s execution and delivery of, and agreement to perform under this Agreement, the Company shall cause the Transfer Agent to issue Commitment Shares equal to $1,000,000 divided by the closing price of the Common Stock on the Commitment Shares Determination Date (the “Commitment Shares”) to the Investor as a commitment fee, subject and contingent upon the BCA Closing with VCI Biofuels Group (as defined in the SEC documents).
In consideration for the Investor’s execution and delivery of, and agreement to perform under this Agreement, the Company shall cause the Transfer Agent to issue an amount shares of Common Stock equal to $75,000 divided by the closing price of the common stock on the Commitment Shares Determination Date (the “Commitment Shares”) to the Investor as a commitment fee.
In consideration for the Investor’s execution and delivery of, and agreement to perform under this Agreement, the Company shall cause the Transfer Agent to issue an amount shares of Ordinary Shares equal to $250,000 divided by the closing price of the Ordinary Shares on the Commitment Shares Determination Date (the “Commitment Shares”) to the Investor as a commitment fee under the Primary Offering Shares Prospectus Supplement.
In consideration for the Investor’s execution and delivery of, and agreement to perform under this Agreement, the Company shall cause the Transfer Agent to issue an amount of shares of Common Stock equal to $ 800 , 000 divided by the closing price ACTIVE 703770992v10 of the Common Stock on the Commitment Shares Determination Date (the “ Commitment Shares ”) to the Investor as a commitment fee .
The Commitment Share amount shall be equal to $250,000 divided by the closing price of the Common Stock on the Commitment Shares Determination Date.
In consideration for the Investor’s execution and delivery of, and agreement to perform under this Agreement, the Company shall cause the Transfer Agent to issue an amount of Common Stock equal to $25,000 divided by the average VWAP of the Common Stock 10 days prior to the Commitment Shares Determination Date to the Investor as a commitment fee.
In consideration for the Investor’s execution and delivery of, and agreement to perform under this Agreement, the Company shall cause the Transfer Agent to issue an amount of Ordinary Shares equal to $375,000 divided by the closing price of the Ordinary Shares on the Commitment Shares Determination Date (the “Commitment Shares”) to the Investor as a commitment fee.