Common use of DTC Status Clause in Contracts

DTC Status. Prior to the effective date of the Registration Statement, the Company's transfer agent shall be a participant in and the Common Stock shall be eligible for transfer pursuant to the Depository Trust Company Automated Securities Transfer Program.

Appears in 2 contracts

Samples: Series D Convertible Preferred Stock Purchase Agreement (BPO Management Services), Stock Purchase Agreement (Narrowstep Inc)

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DTC Status. Prior to the effective date of the Registration Statement, the Company's ’s transfer agent shall be a participant in and the Common Stock shall be eligible for transfer pursuant to the Depository Trust Company Automated Securities Transfer Program.

Appears in 2 contracts

Samples: Convertible Preferred Stock Purchase Agreement (Advanced Growing Systems, Inc.), Convertible Preferred Stock Purchase Agreement (Advanced Growing Systems, Inc.)

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