The Note is convertible into shares of our Series A Preferred Stock (the "Series A Preferred Stock"), and the transaction covers demand and
piggyback registration rights under the terms of the Registration Rights deal entered into on March 16, 2016, with Nexo to register the resale of the common shares issuable upon conversion of the Series A Preferred Stock.
In conjunction, National Grid and New Jersey Resources have agreed to certain transfer restrictions applicable to such units including, with certain exceptions, a general one-year lockup period and have been granted certain registration rights and
piggyback registration rights with respect to future Dominion Midstream equity offerings.
National Grid and New Jersey Resources have agreed to certain transfer restrictions applicable to such units including, with certain exceptions, a general one-year lockup period, and would be granted certain registration rights and
piggyback registration rights with respect to future Dominion Midstream equity offerings.
A sampling of terms defined includes: active premium, aggregation, angel financing, asset allocation, backwardation, benchmark, bridge loan, capital structure arbitrage, coefficient of determination, commodity option, convertible arbitrage, deferred futures, discretionary trading, distressed debt, enumerated agricultural commodities, extrinsic value, follow-on funding, hedge ratio, interdelivery spread, long short equity, modified value-at-risk, offshore fund,
piggyback registration, social entrepreneurship, systematic trading, tracking error, underlying futures contract, venture capital method, and weather premium.
In connection with the Private Placement, the Company's two largest shareholders, the KFLP and Intrexon each waived their
piggyback registration rights in connection with any registration statement filed pursuant to the Registration Rights Agreement with the investors in the Private Placement.
In addition, the shares to be issued as partial consideration in the transaction will be unregistered, will carry
piggyback registration rights and are subject to a six month lock up period.
has informed the Company that it will not exercise its
piggyback registration rights in connection with the offering.
As part of the terms of the financing, the company has granted the investors certain demand and
piggyback registration rights with regard to the shares of common stock issuable upon conversion of the notes.
The Purchase Agreement also contains representations, warranties and indemnifications by the company and the Investor, as well as
piggyback registration rights for the common stock underlying this private placement transaction.
The October 2009 Investors will have
piggyback registration rights in the event that the Company shall determine to prepare and file with the Securities and Exchange Commission a registration statement relating to an offering for its own account or the account of others.
The investors also would be entitled to certain demand and
piggyback registration rights that were granted to the SHA founders in respect of their pre-IPO shares.
SpiralFrog has granted one-time demand and unlimited
piggyback registration rights with respect to all underlying securities of the Notes.
