COVENANTS OF INVESTORS. Each Investor covenants, warrants, and agrees with the Fund and each of the Investors that:
COVENANTS OF INVESTORS. SECTION 6.01.
COVENANTS OF INVESTORS. The Investor will vote all shares of Common Stock he then holds in favor of a reverse split of the Common Stock, provided such reverse split is put to a vote of the Stockholders within twelve months of the date of this Agreement and the reverse split is proposed with (and including) a range from 1:6 and 1:12.
COVENANTS OF INVESTORS. Each Investor agrees that:
SECTION 6.01. Notices of Certain Events. Investor shall promptly notify the Company of:
(i) any notice or other communication from any Person alleging that the consent of such Person is or may be required in connection with the transactions contemplated by this Agreement;
(ii) any notice or other communication from any governmental or regulatory agency or authority in connection with the transactions contemplated by this Agreement; and
(iii) any actions, suits, claims, investigations or proceedings commenced or, to its knowledge threatened against, relating to or involving or otherwise affecting Investor that relate to the consummation of the transactions contemplated by this Agreement.
COVENANTS OF INVESTORS. Miscellaneous............................................
COVENANTS OF INVESTORS. The Series D Investor may be permitted, subject to compliance with applicable securities laws, to sell, transfer, distribute or grant participations to another person or party with respect to any or all the Securities in order to satisfy the requirements of the U.S. Internal Revenue Service.
COVENANTS OF INVESTORS. The Investor may be permitted, subject to compliance with applicable securities laws, to sell, transfer, distribute or grant participations to another person or party with respect to any or all the Securities in order to satisfy the requirements of the U.S. Internal Revenue Service.
COVENANTS OF INVESTORS. Each Investor hereby covenants with Sonus as follows:
COVENANTS OF INVESTORS. Each Investor covenants, warrants, and agrees with the Fund and each of the Investors that:
(a) such Investor shall not transfer, sell, or offer to sell such Investor's Shares without compliance with the conditions and provisions of this Agreement;
(b) if such Investor assigns all or any part of such Investor's Shares, then until such time as one or more assignees thereof are admitted to the Fund as a Substituted Investor with respect to the entire Fund Interest so assigned, the matters to which any holder thereof would covenant and agree if such holder were to execute this Agreement as an Investor shall be and remain true; and
(c) such Investor shall notify the Directors immediately if any representations or warranties made herein or in any subscription agreement should be or become untrue.
COVENANTS OF INVESTORS. Each Investor hereby: (a) agrees to promptly notify the Company and SPAC to comply with relevant SEC disclosure requirements or to confirm the fulfillment of the Investor’s obligations pursuant to Section 2 herein, upon the reasonable request of the Company or SPAC, of the number of any new securities acquired by such Investor after the date hereof until the closing of the Business Combination (any such new securities being subject to the terms of this Agreement as “Public Shares” but not Subject Shares, as though owned by the Investor on the date hereof); provided that any such requests shall only be made from time to time as may be reasonably needed to effect the Extension or the Business Combination, as the case may be; (b) agrees to permit SPAC and the Company to publish and disclose Investor's identity, ownership of the Public Shares and the nature of Investor's commitments, arrangements and understandings under this Agreement, and, if deemed appropriate by SPAC or the Company, a copy of this Agreement, in (i) the Registration Statement/Proxy Statement, (ii) any Form 8-K or 6-K filed by the Company or SPAC with the SEC in connection with the execution and delivery of the Business Combination Agreement and the Registration Statement/Proxy Statement, and (iii) any other documents or communications provided by SPAC or the Company to any governmental authority or to security holders of SPAC, in each case, to the extent required by the federal securities laws or the SEC or any other securities authorities.
