Common use of By DARA Clause in Contracts

By DARA. In connection with the Closing, DARA shall deliver to SVI: (a) within five (5) business days following the Closing Date, the original stock certificate(s) representing a sufficient number of shares of Common Stock so that together with the stock certificate(s) representing the shares pledged to secure the Loan delivered to SVI pursuant to the Loan Agreement, DARA shall have delivered certificates representing a number of shares at least equal to all of the Purchase Shares, accompanied by one or more stock powers duly endorsed by DARA (it being understood that SVI shall return to DARA a stock certificate representing the balance of any shares of Common Stock not included as Purchase Shares) and (b) such other certificates and documents as may be reasonably requested by SVI in order to effect or carry out the intent of this Agreement.

Appears in 3 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Surgivision Inc), Stock Purchase Agreement (DARA BioSciences, Inc.)

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