Common use of Failure to Comply with the 1934 Act Clause in Contracts

Failure to Comply with the 1934 Act. So long as the Buyer beneficially owns any Series A Shares, the Company shall comply with the reporting requirements of the 1934 Act and the Company shall continue to be subject to the reporting requirements of the 1934 Act; any breach of the foregoing shall be considered an event of default under the Certificate of Designation.

Appears in 6 contracts

Samples: Series a Preferred Stock Purchase Agreement (Ameramex International Inc), Form of Series a Preferred Stock Purchase Agreement (C-Bond Systems, Inc), Form of Series a Preferred Stock Purchase Agreement (C-Bond Systems, Inc)

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Failure to Comply with the 1934 Act. So long as the Buyer beneficially owns any Series A C Shares, the Company shall comply with the reporting requirements of the 1934 Act and the Company shall continue to be subject to the reporting requirements of the 1934 Act; any breach of the foregoing foreging shall be considered an event of default under the Certificate of Designation, provided that such breach is not cured within five (5) days of written notice thereof from Buyer.

Appears in 4 contracts

Samples: Series C Preferred Stock Purchase Agreement (Friendable, Inc.), Series C Preferred Stock Purchase Agreement (Friendable, Inc.), Series C Preferred Stock Purchase Agreement (Friendable, Inc.)

Failure to Comply with the 1934 Act. So long as the Buyer beneficially owns any Series A C Shares, the Company shall comply with the reporting requirements of the 1934 Act and the Company shall continue to be subject to the reporting requirements of the 1934 Act; any breach of the foregoing shall be considered an event of default under the Certificate of Designation.

Appears in 3 contracts

Samples: Series C Preferred Stock Purchase Agreement (Diego Pellicer Worldwide, Inc), Series C Preferred Stock Purchase Agreement (Diego Pellicer Worldwide, Inc), Series C Preferred Stock Purchase Agreement (Diego Pellicer Worldwide, Inc)

Failure to Comply with the 1934 Act. So long as the Buyer beneficially owns any Series A C Shares, the Company shall comply with the reporting requirements of the 1934 Act and the Company shall continue to be subject to the reporting requirements of the 1934 Act; any breach of the foregoing shall be considered an event of default under the Certificate of Designation.

Appears in 2 contracts

Samples: Series C Preferred Stock Purchase Agreement (ABCO Energy, Inc.), Series C Preferred Stock Purchase Agreement (ABCO Energy, Inc.)

Failure to Comply with the 1934 Act. So long as the Buyer beneficially owns any Series A Shares, the Company shall comply with the reporting requirements of the 1934 Act and the Company shall continue to be subject to the reporting requirements of the 1934 Act; any breach of the foregoing shall be considered an event of default under the Certificate of Designation.

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement (Arias Intel Corp.)

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Failure to Comply with the 1934 Act. So long as the Buyer beneficially owns any Series A C Shares, the Company shall comply with the reporting requirements of the 1934 Act Act; and the Company shall continue to be subject to the reporting requirements of the 1934 Act; any breach of the foregoing shall be considered an event of default under the Certificate of Designation.

Appears in 1 contract

Samples: Series C Preferred Stock Purchase Agreement (SmartMetric, Inc.)

Failure to Comply with the 1934 Act. So long as the Buyer beneficially owns any Series A B Shares, the Company shall comply with the reporting requirements of the 1934 Act Act; and the Company shall continue to be subject to the reporting requirements of the 1934 Act; any breach of the foregoing shall be considered an event of default under the Certificate of Designation.

Appears in 1 contract

Samples: Series B Preferred Stock Purchase Agreement (12 Retech Corp)

Failure to Comply with the 1934 Act. So long as During the Buyer beneficially owns period that any of the Series A SharesShares are outstanding, the Company shall comply with the reporting requirements of the 1934 Act and the Company shall continue to be subject to the reporting requirements of the 1934 Act; any breach of the foregoing shall be considered an event of default under the Certificate of Designation.

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement (Friendable, Inc.)

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