Common use of Duty of the Holder to Inform the Company Clause in Contracts

Duty of the Holder to Inform the Company. The Holder has a duty to provide brokerage statements to the Company of any and all amounts realized from the sale of the Securities on a monthly basis no later than the third business day of each month including any outstanding balance at such time to be realized as of that date.

Appears in 7 contracts

Samples: Settlement Agreement (NewLead Holdings Ltd.), Exchange Agreement (NewLead Holdings Ltd.), Settlement Agreement (NewLead Holdings Ltd.)

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Duty of the Holder to Inform the Company. The Holder has a duty to provide brokerage statements to the Company of any and all amounts realized from the sale of the Securities shares of the Company’s Common Stock deriving from conversion of Preferred Stock, on a monthly basis no later than the third business day of each month including any outstanding balance at such time to be realized as of that date.

Appears in 5 contracts

Samples: Settlement Agreement (NewLead Holdings Ltd.), Exchange Agreement (NewLead Holdings Ltd.), Exchange Agreement (NewLead Holdings Ltd.)

Duty of the Holder to Inform the Company. The Holder has a duty to provide brokerage statements to the Company of any and all amounts realized from the sale of the Securities shares of the Company’s Common Shares deriving from conversion of Preferred Shares, on a monthly basis no later than the third business day of each month including any outstanding balance at such time to be realized as of that date.

Appears in 3 contracts

Samples: Exchange Agreement (NewLead Holdings Ltd.), Exchange Agreement (NewLead Holdings Ltd.), Exchange Agreement (NewLead Holdings Ltd.)

Duty of the Holder to Inform the Company. The Holder has a duty to provide brokerage statements to the Company of any and all amounts realized from the sale of the Securities shares of the Securities, on a monthly basis no later than the third business day of each month including any outstanding balance at such time to be realized as of that date.

Appears in 1 contract

Samples: Exchange Agreement (NewLead Holdings Ltd.)

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Duty of the Holder to Inform the Company. The Holder has a duty to provide brokerage statements to the Company of any and all amounts realized from the sale of the Securities Securities, on a monthly basis no later than the third business day of each month including any outstanding balance at such time to be realized as of that date.

Appears in 1 contract

Samples: Exchange Agreement (NewLead Holdings Ltd.)

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