The Company shall reimburse the Trustee upon request for all reasonable out-of-pocket expenses incurred by it. Patriot Act” means the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, Pub. Eleventh, Ideanomics expects to generate recurring revenues from pre-paid electricity, wholesale electricity, and rental revenues from base station towers. We hold approximately 60% of the equity interest of Inteligenta and have the power to appoint three of the five directors of the board of Intelligenta. The deal strengthens Ideanomics offering in the NEV space and is part of the company's recently announced creation of its NEVX division which has been established in order to enable the company to participate in the entire Commercial NEV value chain.
Section 7.03 Trustee Not Responsible for Recitals or Issuance or Securities. We can sell the securities through agents, underwriters or dealers only with delivery of a prospectus supplement describing the method and terms of the offering of such securities.
In June, Ideanomics stock was the subject of a nasty smear campaign by short-selling firm Hindenburg Research. The agreement also provides for cooperation in the area of new energy fuels and is intended to advance the application, development and promotion of new energy technologies, batteries, and other materials including nano-ceramic batteries, hydrogen fuel cells, solid state hydrogen storage and transportation, and energy storage and charging networks. These changes make for a very difficult competitive environment.
Section 78.138 of the NRS provides that, unless the corporation’s articles of incorporation provide otherwise, a director or officer will not be individually liable unless it is proven that (a) the director’s or officer’s acts or omissions constituted a breach of his or her fiduciary duties, and (b) such breach involved intentional misconduct, fraud, or a knowing violation of the law. Calculated pursuant to Rule 457(o) under the Securities Act. Upon the settlement of the related advance notice, in the event that the per share settlement price is greater than $0.36 per share YA shall remit to us an aggregate cash amount equal to the 4,166,667 shares multiplied by the difference between the per share settlement price and $0.36 per share.
Payments of principal on the Securities may be made at the time provided herein and established with respect to such Securities by U.S. dollar check drawn on and mailed to the address of the Securityholder entitled thereto as such address shall appear in the Security Register, or U.S. dollar wire transfer to, a U.S. dollar account if such Securityholder shall have furnished wire instructions to the Trustee no later than 15 days prior to the relevant payment date.
“Authenticating Agent” means the Trustee or an authenticating agent with respect to all or any of the series of Securities appointed by the Trustee pursuant to Section 2.10. Upon the execution of any supplemental indenture pursuant to the provisions of this Article or of Section 10.01, this Indenture shall, with respect to such series, be and be deemed to be modified and amended in accordance therewith and the respective rights, limitations of rights, obligations, duties and immunities under this Indenture of the Trustee, the Company and the holders of Securities of the series affected thereby shall thereafter be determined, exercised and enforced hereunder subject in all respects to such modifications and amendments, and all the terms and conditions of any such supplemental indenture shall be and be deemed to be part of the terms and conditions of this Indenture for any and all purposes. Any of the securities registered hereunder may be sold separately, or as units with other securities registered hereby. The Series A Preferred Stock is only entitled to receive dividends when and if declared by our board of directors. Typically, the Company would expect to see higher sales at the start of the year when companies start executing on their capital programs and at the end of the year when companies are spending any surplus or uncommitted budget before the new budget cycle commences. Information contained on or accessible through our website is not a part of this prospectus, and the inclusion of our website address in this prospectus is an inactive textual reference only. (a) If the Company shall establish pursuant to Section 2.01 that the Securities of a particular series are to be issued as a Global Security, then the Company shall execute and the Trustee shall, in accordance with Section 2.04, authenticate and deliver, a Global Security that (i) shall represent, and shall be denominated in an amount equal to the aggregate principal amount of, all of the Outstanding Securities of such series, (ii) shall be registered in the name of the Depositary or its nominee, (iii) shall be delivered by the Trustee to the Depositary or pursuant to the Depositary’s instruction (or if the Depositary names the Trustee as its custodian, retained by the Trustee), and (iv) shall bear a legend substantially to the following effect: “Except as otherwise provided in Section 2.11 of the Indenture, this Security may be transferred, in whole but not in part, only to another nominee of the Depositary or to a successor Depositary or to a nominee of such successor Depositary.”. Voting.
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