Failure to Make Timely Filings. The Company agrees that, if the Company fails to timely file on the SEC’s XXXXX system any information required to be filed by it, whether on a Form 10-K, Form 10-Q, Form 8-K, Proxy Statement or otherwise so as to be deemed a “reporting issuer” with current public information under the 1934 Act, the Company shall be liable to pay to the Holder an amount based on the following schedule (where “No. Business Days Late” refers to each Trading Day after the latest due date for the relevant filing):
Appears in 2 contracts
Samples: Securities Purchase Agreement (Sunvalley Solar, Inc.), Note and Warrant Purchase Agreement (World Series of Golf, Inc.)
Failure to Make Timely Filings. The Company agrees that, if the Company fails to timely file on the SEC’s XXXXX system any information required to be filed by it, whether on a Form 10-K, Form 10-Q, Form 8-K, Proxy Statement or otherwise so as to be deemed a “reporting issuer” with current public information under the 1934 Actotherwise, the Company shall be liable to pay to the Holder an amount based on the following schedule (where “No. Business Trading Days Late” refers to each Trading Day after the latest due date for the relevant filing):
Appears in 1 contract
Samples: Securities Purchase Agreement (American Security Resources Corp.)
Failure to Make Timely Filings. The Company agrees that, if the Company fails to timely file on the SEC’s XXXXX system any information required to be filed by it, whether on a Form 10-K, Form 10-Q, Form 8-K, Proxy Statement or otherwise so as to be deemed a “reporting issuer” with current public publicly available information under the 1934 Act, the Company shall be liable to pay to the Holder an amount based on the following schedule (where “No. Business Days Late” refers to each Trading Day after the latest due date for the relevant filing):
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (Global Health Ventures Inc.)
