At Least Two Independent Board Members. The Company shall have at least two (2) independent (as “independent” is defined under the New York Stock Exchange’s listing standards) members on its board of directors prior to initiating each Put, and shall represent so to the Investor in writing.
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Samples: Investment Agreement (Dynamic Ventures Corp.), Investment Agreement (Amarantus BioSciences, Inc.), Investment Agreement (Allezoe Medical Holdings Inc)
At Least Two Independent Board Members. The Company shall have at least two (2) independent (as “independent” is defined under the New York Stock Exchange’s listing standards) members on its board of directors prior to initiating each PutDrawdown Notice, and shall represent so to the Investor in writing.
Appears in 1 contract
Samples: Drawdown Equity Financing Agreement (Exergetic Energy, Inc.)
At Least Two Independent Board Members. The T he Company shall have at least two (2) independent (as “independent” is defined under the New York Stock Exchange’s listing standards) members on its board of directors prior to initiating each Put, and shall represent so to the Investor in writing.
Appears in 1 contract