DWAC. In lieu of delivering physical certificates representing the Unlegended Shares, upon request of Subscribers, so long as the certificates therefor do not bear a legend and the Subscriber is not obligated to return such certificate for the placement of a legend thereon, the Company shall cause its transfer agent to electronically transmit the Unlegended Shares by crediting the account of Subscriber’s prime broker with the Depository Trust Company through its Deposit Withdrawal Agent Commission system, if such transfer agent participates in such DWAC system. Such delivery must be made on or before the Unlegended Shares Delivery Date.
Appears in 33 contracts
Samples: Subscription Agreement (Southern Usa Resources Inc.), Subscription Agreement (Southern Usa Resources Inc.), Subscription Agreement (Southern Usa Resources Inc.)
DWAC. In lieu of delivering physical certificates representing the Unlegended Shares, upon request of the Subscribers, so long as the certificates therefor do not bear a legend and the Subscriber is not obligated to return such certificate for the placement of a legend thereon, the Company shall cause its transfer agent to electronically transmit the Unlegended Shares by crediting the account of Subscriber’s prime broker with the Depository Trust Company through its Deposit Withdrawal Agent Commission system, if such transfer agent participates in such DWAC system. Such delivery must be made on or before the Unlegended Shares Delivery Date.
Appears in 10 contracts
Samples: Subscription Agreement (Wizard World, Inc.), Subscription Agreement (Wizard World, Inc.), Subscription Agreement (Wizard World, Inc.)
DWAC. In lieu of delivering physical certificates representing the Unlegended Shares, upon request of SubscribersSubscriber, so long as the certificates therefor do not bear a legend and the Subscriber is not obligated to return such certificate for the placement of a legend thereon, the Company shall cause its transfer agent to electronically transmit the Unlegended Shares by crediting the account of Subscriber’s Subscribers’ prime broker with the Depository Trust Company through its Deposit Withdrawal Agent Commission system, if such transfer agent participates in such DWAC system. Such delivery must be made on or before the Unlegended Shares Delivery Date.
Appears in 4 contracts
Samples: Accrued Salary Exchange Agreement (Attitude Drinks Inc.), Promissory Notes Exchange Agreement (Attitude Drinks Inc.), Exchange Agreement (Attitude Drinks Inc.)
DWAC. In lieu of delivering physical certificates representing the Unlegended Shares, upon request of Subscribersthe Investors, so long as the certificates therefor do not bear a legend legend, the Common Stock is eligible for electronic transfer through the Depository Trust Company, and the Subscriber Investor is not obligated to return such certificate for the placement of a legend thereon, the Company shall cause its transfer agent to electronically transmit the Unlegended Shares by crediting the account of SubscriberInvestor’s prime broker with the Depository Trust Company through its Deposit Withdrawal Agent Commission system, if such transfer agent participates in such DWAC system. Such delivery must be made on or before the Unlegended Shares Delivery Date.
Appears in 3 contracts
Samples: Securities Purchase Agreement (BeesFree, Inc.), Securities Purchase Agreement (BeesFree, Inc.), Securities Purchase Agreement (BeesFree, Inc.)
DWAC. In lieu of delivering physical certificates representing the Unlegended Shares, upon request of SubscribersPurchasers, so long as the certificates therefor do not bear a legend and the Subscriber Purchaser is not obligated to return such certificate for the placement of a legend thereon, the Company shall cause its transfer agent to electronically transmit the Unlegended Shares by crediting the account of SubscriberPurchaser’s prime broker with the Depository Trust Company through its Deposit Withdrawal Agent Commission system, if such transfer agent participates in such DWAC system. Such delivery must be made on or before the Unlegended Shares Delivery Date.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Reach Messaging Holdings, Inc.), Exchange Agreement (Megawest Energy Corp.)
DWAC. In lieu of delivering physical certificates representing the Unlegended Shares, upon request of the Subscribers, so long as the certificates therefor do not bear a legend legend, the Common Stock is eligible for electronic transfer through the Depository Trust Company, and the Subscriber is not obligated to return such certificate for the placement of a legend thereon, the Company shall cause its transfer agent to electronically transmit the Unlegended Shares by crediting the account of Subscriber’s prime broker with the Depository Trust Company through its Deposit Withdrawal Agent Commission system, if such transfer agent participates in such DWAC system. Such delivery must be made on or before the Unlegended Shares Delivery Date.
Appears in 2 contracts
Samples: Subscription Agreement (BeesFree, Inc.), Subscription Agreement (BeesFree, Inc.)
DWAC. In lieu of delivering physical certificates representing the Unlegended Shares, upon request of Subscribersa Subscriber, so long as the certificates therefor do not bear a legend and the Subscriber is not obligated to return such certificate for the placement of a legend thereon, the Company shall cause its transfer agent to electronically transmit the Unlegended Shares by crediting the account of Subscriber’s prime broker with the Depository Trust Company through its Deposit Withdrawal Agent Commission system, if such transfer agent participates in such DWAC system. Such delivery must be made on or before the Unlegended Shares Delivery Date.
Appears in 2 contracts
Samples: Subscription Agreement (Innovative Food Holdings Inc), Subscription Agreement (Ironwood Gold Corp)
DWAC. In lieu of delivering physical certificates representing the Unlegended Shares, upon request of Subscribersa Subscriber, for so long as the certificates therefor do not bear a legend and the Subscriber is not obligated to return such certificate for the placement of a legend thereon, the Company shall cause its transfer agent to electronically transmit the Unlegended Shares by crediting the account of Subscriber’s prime broker with the Depository Trust Company through its Deposit Withdrawal Agent Commission system, if such transfer agent participates in such DWAC system. Such delivery must be made on or before the Unlegended Shares Delivery Date.
Appears in 1 contract
Samples: Subscription Agreement (Medlink International, Inc.)
DWAC. In lieu of delivering physical certificates representing the Unlegended Shares, upon request of Subscribers, so long as the certificates therefor do not bear a legend and the Subscriber is not obligated to return such certificate for the placement of a legend thereon, the Company shall cause its transfer agent to electronically transmit the Unlegended Shares by crediting the account of Subscriber’s prime broker with the Depository Trust Company DTC through its Deposit Withdrawal Agent Commission DWAC system, if such transfer agent participates in such DWAC system and provided Subscriber’s prime broker initiates the DWAC deposit for the required number of shares on the DWAC system. Such delivery must be made on or before the Unlegended Shares Delivery Date.
Appears in 1 contract
DWAC. In lieu of delivering physical certificates representing the Unlegended Shares, upon request of Subscribersa Subscriber, so long as the certificates therefor do not bear a legend and the Subscriber is not obligated to return such certificate for the placement of a legend thereon, the Company shall cause its transfer agent to electronically transmit the Unlegended Shares by crediting the account of Subscriber’s prime broker with the Depository Trust Company through its Deposit Withdrawal Agent Commission system, if such transfer agent participates in such DWAC system. Such delivery must be made on or before the Unlegended Shares Delivery Date.
Appears in 1 contract