CONDITIONS TO THE COMPANY. S RIGHT TO COMMENCE SALES OF SHARES OF COMMON STOCK UNDER THIS AGREEMENT. The right of the Company hereunder to commence sales of the Purchase Shares is subject to the satisfaction of each of the following conditions on or before the Commencement Date (the date that the Company may begin sales): (a) The Buyer shall have executed each of the Transaction Documents and delivered the same to the Company; (b) A registration statement covering the sale of all of the Commitment Shares and Purchase Shares shall have been declared effective under the 1933 Act by the SEC and no stop order with respect to the registration statement shall be pending or threatened by the SEC.
Appears in 4 contracts
Samples: Common Stock Purchase Agreement (Competitive Technologies Inc), Common Stock Purchase Agreement (Competitive Technologies Inc), Common Stock Purchase Agreement (Aethlon Medical Inc)
CONDITIONS TO THE COMPANY. S RIGHT TO COMMENCE SALES OF SHARES OF COMMON STOCK UNDER THIS AGREEMENT. The right of the Company hereunder to commence sales of the Purchase Shares is subject to the satisfaction of each of the following conditions on or before the Commencement Date (the date that the Company may begin sales):
(a) The Buyer shall have executed each of the Transaction Documents and delivered the same to the Company;
(b) A registration statement covering the sale of all of the Commitment Shares and up to 8,000,000 Purchase Shares shall have been declared effective under the 1933 Act by the SEC and no stop order with respect to the registration statement shall be pending or threatened by the SEC.
Appears in 1 contract
CONDITIONS TO THE COMPANY. S RIGHT TO COMMENCE SALES OF SHARES OF COMMON STOCK UNDER THIS AGREEMENT. The right of the Company hereunder to commence sales of the Purchase Shares is subject to the satisfaction of each of the following conditions on or before the Commencement Date (the date that the Company may begin sales):
(a) The Buyer shall have executed each of the Transaction Documents and delivered the same to the Company;
(b) A registration statement covering the sale of all of the Commitment Shares and Purchase Shares (including the 200,000 Initial Purchase Shares), shall have been declared effective under the 1933 Act by the SEC and no stop order with respect to the registration statement shall be pending or threatened by the SEC.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Typhoon Touch Technologies, Inc.)
