Consummation

Consummation. The completion of the final act necessary to complete a transaction as a matter of law, including, but not limited to, any required approvals by the corporation's shareholders and board of directors, the transfer of legal and beneficial title to securities or assets and the final approval of the transaction by any applicable domestic or foreign governments or governmental agencies.

Consummation. The consummation of the Note Exchange upon the execution and delivery of the Second Supplemental Indenture by Trustee, Company and the Guarantors.

Consummation. The closing of the Follow-on Offering at which the Company sells to the underwriters a number of shares of the Company's common stock such that gross proceeds to the Company are at least $40 million (and, for the avoidance of doubt, shall not require the exercise and/or settlement of any option to purchase additional shares agreed to by the Company with the underwriters as part of the Follow-on Offering)

Consummation. Means the successful consummation of the Exchange Offer on or prior to the End Date, all on the terms and conditions set forth herein and in the Offering Memorandum.