Common use of Continued Compliance with Securities Law Clause in Contracts

Continued Compliance with Securities Law. If, during the Prospectus Delivery Period, any event occurs as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading, or if it is necessary at any time to amend the Registration Statement or supplement the Prospectus to comply with the Securities Act, the Company will promptly notify the Placement Agent of such event and will promptly prepare and file with the Commission and furnish, at its own expense, to the Placement Agent and, to the extent applicable, the dealers and any other dealers upon request of the Placement Agent, an amendment or supplement which will correct such statement or omission or an amendment which will effect such compliance.

Appears in 3 contracts

Samples: Placement Agency Agreement (Beijing Med Pharm Corp), Placement Agency Agreement (BMP Sunstone CORP), Placement Agency Agreement (BMP Sunstone CORP)

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Continued Compliance with Securities Law. If, during the Prospectus Delivery Period, any event occurs as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading, or if it is necessary at any time to amend the Registration Statement or supplement the Prospectus to comply with the Securities Act, the Company will promptly notify the Placement Agent Agents of such event and will promptly prepare and file with the Commission and furnish, at its own expense, to the Placement Agent Agents and, to the extent applicable, the dealers and any other dealers upon request of the Placement AgentAgents, an amendment or supplement which will correct such statement or omission or an amendment which will effect such compliance.

Appears in 2 contracts

Samples: Placement Agency Agreement (Axion Power International, Inc.), Placement Agency Agreement (Sangamo Biosciences Inc)

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Continued Compliance with Securities Law. If, during the Prospectus Delivery PeriodRegistration Period (as defined in the Subscription Agreement), any event occurs as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading, or if it is necessary at any time to amend the Registration Statement or supplement the Prospectus to comply with the Securities Act, the Company will promptly notify the Placement Agent of such event and will promptly prepare and file with the Commission and furnish, at its own expense, to the Placement Agent and, to the extent applicable, the dealers and any other dealers upon request of the Placement Agent, an amendment or supplement which will correct such statement or omission or an amendment which will effect such compliance.

Appears in 1 contract

Samples: Placement Agency Agreement (Broadcast International Inc)

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