Further Agreements of the Company. The Company agrees with the Underwriters: (a) to prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, pursuant to Rule 424(b) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereof; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to the Securities or suspending any such qualification, to promptly use its best efforts to obtain the withdrawal of such order; (b) promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject; (c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request; (d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request; (e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder); (f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities. (g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act; (h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and (i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.
Appears in 8 contracts
Samples: Underwriting Agreement (Travelers Companies, Inc.), Underwriting Agreement (Travelers Companies, Inc.), Underwriting Agreement (Travelers Companies, Inc.)
Further Agreements of the Company. The Company agrees with agrees, at its expense and without expense to the UnderwritersUnderwriter, as follows:
1. To give and to continue to give and supply whatever financial statements and other information that may be required by the Commission or the proper public bodies in the states in which the Notes may be qualified.
2. As soon as the Company is informed, to advise the Underwriter and to confirm the advice in writing:
(a) to prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, pursuant to Rule 424(b) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to When the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereof; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(dbecomes effective;
(b) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when When any amendment to the Registration Statement has been filed or any supplement subsequent to the most recent Preliminary Prospectus and effective date of the Prospectus Registration Statement becomes effective;
(c) Of any request of the Commission for amendments to the Registration Statement or any amended Prospectus has been filed with the Commissionrelated Prospectus, of or for additional information;
(d) Of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing Prospectus, effectiveness of the suspension of the qualification of such Securities for offering Registration Statement or sale in any jurisdiction, of the initiation or threatening of any proceeding for that purpose;
(e) Of any such purpose, material adverse change in its financial position or operating condition and of any request by development materially affecting the Commission for Company or rendering untrue or misleading any material statement in the amending Registration Statement or supplementing the Prospectus.
3. To make every reasonable effort to prevent the issuance of any stop order suspending the effectiveness of the Registration Statement, any Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such if a stop order or of is entered at any such order preventing or suspending the use of any prospectus relating to the Securities or suspending any such qualificationtime, to promptly use its best efforts to obtain the withdrawal of such order;the order at the earliest possible moment.
(b) promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish 4. To deliver to the Underwriters such number of conformed copies Underwriter, without charge, (a) prior to the effective date of the Registration Statement, as originally copies of each preliminary prospectus filed with the Commission bearing in red ink the statement required by the rules of the Commission, (b) on and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, from time to time after the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any effective date of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, copies of the Prospectus and of any Preliminary Prospectus amended or the supplemented Prospectus), in each case and (c) as soon as they are available and in such quantities as the Representatives may from time to time after they are available, copies of each Prospectus prepared for the purpose of permitting compliance with Section 10 of the Act and of any amended or supplemented Prospectus. The number of copies to be delivered in each case shall be the number the Underwriter may reasonably request;.
(d) during 5. To furnish, without cost, to the Underwriter one executed copy of the Registration Statement, including all exhibits and amendments, and a reasonable number of copies of the Registration Statement and amendments.
6. For the period in after the effective date of the Registration Statement during which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required by law to be delivered under used, but not after the Securities ActDelivery Date, to comply except in accordance with all requirements imposed upon it by the Securities ActArticle XII hereof, as from time to time in force, if any change occurs so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or that the Prospectus as then amended or supplemented would include includes an untrue statement of a material fact or omit omits to state a material fact necessary in order to make the statements thereinin the Prospectus, in the light of the circumstances then existingunder which they are made, not misleading, or if during such period it is necessary forthwith to amend prepare and furnish to the Registration Statement or amend or supplement the Disclosure Package or Underwriter, without cost, supplements to the Prospectus or file any document an amended Prospectus correcting the untrue statement or supplying the omission.
7. If revision of the Prospectus pursuant to comply with the Securities Actprovisions of Section 10 of the Act becomes necessary, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or review the Prospectus, as the case may be, or to file any document (in each case, at the expense copies of the Company) so as to correct such statement or omission or to effect such complianceProspectus with the Commission, and to furnish without charge to each Underwriter as many written and electronic copies of the revised Prospectus to the Underwriter in whatever reasonable quantity they request.
8. To use its best efforts to cause the Notes to be qualified for sale on terms consistent with those stated in the effective Registration Statement under the Blue Sky laws in whatever states may be agreed upon.
9. Until the Delivery Date hereunder or the earlier termination hereof, except with the approval of the Underwriter, not to:
(a) Undertake or authorize any such amendment change in its capital structure or supplement authorize or issue or permit any public offering of any shares of capital stock or additional Notes, except as the Representatives may from time to time reasonably requestprovided in this Agreement;
(eb) to make generally available to security-holders Authorize, create, issue, or sell any funded obligations, notes or other evidences of indebtedness, except in the Company as soon as practicable, but in any event ordinary course of business and maturing not later more than eighteen nine months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between from the date of this Agreement and the Closing Date, neither the Company, nor except as provided in this Agreement; or
(c) Consolidate or merge with or into any other corporation or create any mortgage or lien upon any of its subsidiaries properties or other affiliates over which it exercises management assets except in the ordinary course of its business and except as provided in this Agreement.
10. To provide to Underwriter any reasonable additional information or voting control, nor any person acting on their behalf will, without documentation deemed by the prior written consent Underwriter to be necessary in the performance of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the SecuritiesUnderwriter's due diligence.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.
Appears in 7 contracts
Samples: Underwriting Agreement (Transition Auto Finance Ii Inc), Underwriting Agreement (Transition Auto Finance Ii Inc), Best Efforts Underwriting Agreement (Transition Auto Finance Iv Inc)
Further Agreements of the Company. The Company agrees with further agrees, for the benefit of each of the Underwriters:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters which approval shall not be unreasonably withheld or delayed, and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than Commission’s close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Delivery Date which shall be disapproved by or to the Underwriters promptly after reasonable notice thereofTime of Sale Prospectus prior to its first use on the date hereof, except as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Time of Sale Prospectus and or the Prospectus or any amended Time of Sale Prospectus or Prospectus has been filed with the CommissionCommission and to furnish the Underwriters with copies thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required by applicable law in connection with the offering or sale of the Securities; to advise the Underwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus, the Securities Time of Sale Prospectus or any Issuer Free Writing the Prospectus, of the suspension of the qualification of such the Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Time of Sale Prospectus or any Issuer Free Writing the Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus, the Securities Time of Sale Prospectus or the Prospectus or suspending any such qualification, to use promptly use its reasonable best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly from time to time to take such action as the Underwriters may reasonably request and to qualify the Securities counsel for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale a signed or facsimile signed copy of the Securities; provided that in connection therewith Registration Statement as originally filed with the Company shall not be required to qualify as a foreign corporationCommission, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectand each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) to furnish To deliver promptly to the Underwriters such number of the following documents as the Underwriters shall reasonably request: (i) conformed copies of the Registration Statement, Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement), any exhibits) and (ii) each Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Time of Sale Prospectus, the Prospectus and all amendments and supplements to any amended or supplemented Preliminary Prospectus, Time of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Sale Prospectus or Prospectus, and, if the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities delivery of a prospectus (or in lieu thereof, thereof the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under at any time after the Effective Time in connection with the offering or sale of the Securities Actand, to comply with all requirements imposed upon it by the Securities Actif at such time, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs events shall have occurred as a result of which the Disclosure Package Time of the Sale Prospectus or the Prospectus Prospectus, as the case may be, as then amended or supplemented would include an untrue statement of a material fact or omit to state a any material fact necessary in order to make the statements therein, in the light of the circumstances then existingunder which they were made when such Time of Sale Prospectus or Prospectus is delivered (or in lieu thereof the notice referred to in Rule 173(a) of the Securities Act), not misleading, or or, if during such period for any other reason it is shall be necessary to amend the Registration Statement or amend or supplement the Disclosure Package Time of Sale Prospectus or the Prospectus or file any document in order to comply with the Securities Act, to promptly notify the Representatives Underwriters and, subject upon their request, to Section 4(aprepare and furnish without charge to the Underwriters and to any dealer in securities as many copies as the Underwriters may from time to time reasonably request of an amended or supplemented Time of Sale Prospectus or Prospectus which will correct such statement or omission or effect such compliance;
(d) hereof, amend Before amending or supplementing the Registration Statement, the Time of Sale Prospectus or the Prospectus, to furnish to the Underwriters a copy of each such proposed amendment or supplement and not to file any such proposed amendment or supplement to which the Underwriters reasonably object, in each case, other than the free writing prospectus(es) identified on Schedule 2;
(e) To file promptly with the Commission any amendment to the Registration Statement, the Time of Sale Prospectus or the Prospectus or any supplement to the Time of Sale Prospectus or the Prospectus that may, in the reasonable judgment of the Company or the Underwriters, be required by the Securities Act or is requested by the Commission;
(f) To furnish to the Underwriters a copy of each proposed free writing prospectus to be prepared by or on behalf of, used by, or referred to by the Company and not to use or refer to any proposed free writing prospectus to which the Underwriters reasonably object, in each case, other than the free writing prospectus(es) identified on Schedule 2;
(g) To obtain the Underwriters’ consent, not to be unreasonably withheld or delayed, before taking, or failing to take, any action that would cause the Company to be required to file a free writing prospectus pursuant to Rule 433(d) of the Securities Act, other than the free writing prospectus(es) listed in Schedule 2 hereto;
(h) Not to take any action that would result in an Underwriter being required to file with the Commission pursuant to Rule 433(d) of the Securities Act a free writing prospectus prepared by or on behalf of the Underwriter that the Underwriter otherwise would not have been required to file thereunder;
(i) If the Time of Sale Prospectus is being used to solicit offers to buy the Securities at a time when the Prospectus is not yet available to prospective purchasers and (A) any event shall occur or condition exist as a result of which it is necessary to amend or supplement the Disclosure Package Time of Sale Prospectus in writing in order to make the statements therein, in the light of the circumstances under which they are made, not misleading, (B) if any event shall occur or condition exist as a result of which the ProspectusTime of Sale Prospectus conflicts with the information contained in the Registration Statement or (C) if, in the opinion of counsel for the Underwriters, it is necessary to amend or supplement the Time of Sale Prospectus to comply with applicable law, then the Company shall, with respect to clause (A) , (B) or (C), as the case may be, or forthwith prepare, file any document (in each casewith the Commission and furnish, at its own expense, to the expense Underwriters and to any dealer upon request, either amendments or supplements to the Time of Sale Prospectus so that statements in the Time of Sale Prospectus as so amended or supplemented (X) will not, in the light of the Companycircumstances under which they are made, when conveyed to a prospective purchaser, be misleading, (Y) so that the Time of Sale Prospectus, as to correct such statement amended or omission supplemented, will no longer conflict with the Registration Statement or to effect such compliance(Z) so that the Time of Sale Prospectus as so amended or supplemented otherwise complies with applicable law, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives case may from time to time reasonably requestbe;
(ej) For so long as the delivery of a prospectus (or in lieu of thereof the notice referred to in Rule 173(a) of the Securities Act) is required in connection with the initial offering or sale of the Securities, prior to filing with the Commission any amendment to the Registration Statement or supplement to the Time of Sale Prospectus or the Prospectus and any document incorporated by reference in the Time of Sale Prospectus or in the Prospectus pursuant to Rule 424 of the Securities Act, to furnish a copy thereof to the Underwriters and counsel for the Underwriters and obtain the consent of the Underwriters to such filing;
(k) As soon as practicable after the Effective Date, to make generally available to security-the Company’s security holders of and to deliver to the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), Underwriters an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunderof the Securities Act);
(fl) between Promptly from time to time, to take such action as the date Representatives may reasonably request to qualify the Securities for offering and sale under the securities laws of this Agreement such jurisdictions in the United States as the Representatives may request and in such other jurisdictions as the Company and the Closing DateRepresentatives may mutually agree, neither and to comply with such laws so as to permit the Company, nor any continuance of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without sales and dealings therein in such jurisdictions for as long as may be necessary to complete the prior written consent distribution of the RepresentativesSecurities; provided that, offerin connection therewith, sell, contract the Company shall not be required to sell qualify as a foreign corporation or otherwise dispose to file a general consent to service of process in any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Actjurisdiction;
(hm) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not Not to take, directly or indirectly, any action which is designed to stabilize or that could manipulate, or which constitutes or which might reasonably be expected to cause or result in any stabilization or manipulation manipulation, of the price of any security of the Company in connection with the initial offering of the Securities (except after consultation with the Underwriters and as may be permitted by under federal securities laws);
(n) To use its best efforts to cause the Securities to be accepted for clearance and settlement through the facilities of DTC;
(o) To execute and deliver the Supplemental Indenture in form and substance reasonably satisfactory to the Underwriters;
(p) To apply the net proceeds from the issuance of the Securities as set forth under “Use of Proceeds” in the Prospectus;
(q) To take such steps as shall be necessary to ensure that the Company and its Significant Subsidiaries shall not become an “investment company” as defined, and subject to regulation, under the Investment Company Act;
(r) To take all reasonable action necessary to enable the rating agencies identified in Section 7(n) to provide their respective rating of the Securities; and
(s) For a period of 30 days after the date of the Prospectus not to (i) offer, pledge, announce the intention to sell, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase or otherwise transfer or dispose of, directly or indirectly, any debt securities of the Company with a maturity of three years or longer or any other securities that are substantially similar to the Securities or any securities convertible into or exercisable or exchangeable for such debt securities of the Company (ii) enter into any swap or other agreement that transfers, in whole or in part, any of the economic consequences of ownership of any of the Securities or such other securities, whether any such transaction described in clause (i) or (ii) above is to be settled by delivery of such debt securities of the Company or such other securities, in cash or otherwise without the prior written consent of the Underwriters, which shall not be unreasonably withheld or delayed, except that the foregoing restrictions shall not apply to the issuance of the Securities to be sold hereunder.
Appears in 3 contracts
Samples: Underwriting Agreement (Reinsurance Group of America Inc), Underwriting Agreement (Reinsurance Group of America Inc), Underwriting Agreement (Reinsurance Group of America Inc)
Further Agreements of the Company. The Company agrees with agrees, at its expense and without expense to the UnderwritersUnderwriter, as follows:
1. To give and to continue to give and supply whatever consolidated financial statements and other information that may be required by the Commission or the proper public bodies in the states in which the Notes may be qualified.
2. As soon as the Company is informed, to advise the Underwriter and to confirm the advice in writing:
(a) to prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, pursuant to Rule 424(b) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to When the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereof; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(dbecomes effective;
(b) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when When any amendment to the Registration Statement has been filed or any supplement subsequent to the most recent Preliminary Prospectus and effective date of the Prospectus Registration Statement becomes effective;
(c) Of any request of the Commission for amendments to the Registration Statement or any amended Prospectus has been filed with the Commissionrelated Prospectus, of or for additional information;
(d) Of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing Prospectus, effectiveness of the suspension of the qualification of such Securities for offering Registration Statement or sale in any jurisdiction, of the initiation or threatening of any proceeding for that purpose;
(e) Of any such purpose, material adverse change in its financial position or operating condition and of any request by development materially affecting the Commission for Company or rendering untrue or misleading any material statement in the amending Registration Statement or supplementing the Prospectus.
3. To make every reasonable effort to prevent the issuance of any stop order suspending the effectiveness of the Registration Statement, any Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such if a stop order or of is entered at any such order preventing or suspending the use of any prospectus relating to the Securities or suspending any such qualificationtime, to promptly use its best efforts to obtain the withdrawal of such order;the order at the earliest possible moment.
(b) promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish 4. To deliver to the Underwriters such number of conformed copies Underwriter, without charge, (a) prior to the effective date of the Registration Statement, as originally copies of each preliminary prospectus filed with the Commission bearing in red ink the statement required by the rules of the Commission, (b) on and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, from time to time after the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any effective date of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, copies of the Prospectus and of any Preliminary Prospectus amended or the supplemented Prospectus), in each case and (c) as soon as they are available and in such quantities as the Representatives may from time to time after they are available, copies of each Prospectus prepared for the purpose of permitting compliance with Section 10 of the Act and of any amended or supplemented Prospectus. The number of copies to be delivered in each case shall be the number the Underwriter may reasonably request;.
(d) during 5. To furnish, without cost, to the Underwriter one executed copy of the Registration Statement, including all exhibits and amendments, and a reasonable number of copies of the Registration Statement and amendments.
6. For the period in after the effective date of the Registration Statement during which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required by law to be delivered under used, but not after the Securities ActDelivery Date, to comply except in accordance with all requirements imposed upon it by the Securities ActArticle XII hereof, as from time to time in force, if any change occurs so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or that the Prospectus as then amended or supplemented would include includes an untrue statement of a material fact or omit omits to state a material fact necessary in order to make the statements thereinin the Prospectus, in the light of the circumstances then existingunder which they are made, not misleading, or if during such period it is necessary forthwith to amend prepare and furnish to the Registration Statement or amend or supplement the Disclosure Package or Underwriter, without cost, supplements to the Prospectus or file any document an amended Prospectus correcting the untrue statement or supplying the omission.
7. If revision of the Prospectus pursuant to comply with the Securities Actprovisions of Section 10 of the Act becomes necessary, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or review the Prospectus, as the case may be, or to file any document (in each case, at the expense copies of the Company) so as to correct such statement or omission or to effect such complianceProspectus with the Commission, and to furnish without charge to each Underwriter as many written and electronic copies of the revised Prospectus to the Underwriter in whatever reasonable quantity they request.
8. To use its best efforts to cause the Notes to be qualified for sale on terms consistent with those stated in the effective Registration Statement under the Blue Sky laws in whatever states may be agreed upon.
9. Until the Delivery Date hereunder or the earlier termination hereof, except with the approval of the Underwriter, not to:
(a) Undertake or authorize any such amendment change in its capital structure or supplement authorize or issue or permit any public offering of any shares of capital stock or additional Notes, except as the Representatives may from time to time reasonably requestprovided in this Agreement;
(eb) to make generally available to security-holders Authorize, create, issue, or sell any funded obligations, notes or other evidences of indebtedness greater than $1,000,000, except in the Company as soon as practicable, but in any event ordinary course of business and maturing not later more than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between one year from the date of this Agreement and the Closing Date, neither the Company, nor except as provided in this Agreement; or
(c) Consolidate or merge with or into any other corporation or create any mortgage or lien upon any of its subsidiaries properties or other affiliates over which it exercises management assets except in the ordinary course of its business and except as provided in this Agreement.
10. To provide to Underwriter any reasonable additional information or voting control, nor any person acting on their behalf will, without documentation deemed by the prior written consent Underwriter to be necessary in the performance of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the SecuritiesUnderwriter's due diligence.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.
Appears in 3 contracts
Samples: Underwriting Agreement (Pawnmart Inc), Underwriting Agreement (Pawnmart Inc), Underwriting Agreement (Pawnmart Inc)
Further Agreements of the Company. The Company further agrees with the UnderwritersManaging Agents as follows:
(a) To use its best efforts to prepare cause the Final Term SheetRegistration Statement to become effective under the Securities Act as promptly as possible and notify the Managing Agents immediately, substantially and confirm such notice in writing, (i) when the form of Schedule 3 hereto Registration Statement and approved by any post-effective amendment thereto become effective under the Representatives and file the Final Term Sheet pursuant to Rule 433(dSecurities Act, (ii) of the receipt of any comments from the SEC or the “blue sky” or securities authority of any jurisdiction regarding the Registration Statement, any post-effective amendment thereto, the Prospectus, or any amendment or supplement thereto, (iii) of the filing with the SEC of any supplement to the Prospectus, and (iv) of the receipt of any notification with respect to a Stop Order. The Company will use its best efforts to prevent the issuance of any Stop Order and, if and if any Stop Order is issued, to obtain the lifting thereof as promptly as possible. If the Registration Statement has become or becomes effective under the Securities Act with a form of prospectus omitting information under Rule 430A of Regulation C promulgated under the Securities Act, or filing of the prospectus with the SEC is otherwise required under Rule 424(b) of Regulation C, the Company will file with the SEC the Prospectus, properly completed, pursuant to such rule within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation and will provide evidence satisfactory to the Securities in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, pursuant to Rule 424(b) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereof; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale Managing Agents of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to the Securities or suspending any such qualification, to promptly use its best efforts to obtain the withdrawal of such order;timely filing.
(b) promptly from During the time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; provided that in connection therewith the Company shall not be required to qualify as when a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered hereunder or under the Securities ActActs or regulations promulgated by the SEC, to comply with all the requirements imposed upon it by the Securities Act, as now existing and hereafter amended, and by the rules and regulations promulgated thereunder, as from time to time in force, so far as is necessary to permit the continuance of the sales of or dealings in the Securities as contemplated in accordance with the provisions hereof. If, at any time when a Prospectus relating to the Securities is required to be delivered hereunder or under the rules or the regulations promulgated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period SEC, any event occurs shall have occurred as a result of which which, in the Disclosure Package reasonable opinion of counsel for the Company or counsel for the Managing Agents, the Registration Statement or the Prospectus prospectus as then amended or supplemented would include an contains any untrue statement of a material fact or omit omits to state a any material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances then existing, therein not misleading, or if during if, the in the reasonable opinion of either of such period counsel, it is necessary at any time to amend or supplement the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document prospectus to comply with the Securities ActAct and the rules and regulations promulgated thereunder, to promptly the Company will immediately notify the Representatives and, subject to Section 4(a) hereof, amend Managing Agents and promptly prepare and file with the Registration Statement, amend SEC an appropriate amendment or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at form and substance satisfactory to the expense of the CompanyManaging Agents) so as to which will correct such statement or omission or to of which will effect such compliance, compliance and will use its best efforts to furnish without charge to each Underwriter as many written and electronic copies of have any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the declared effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;as soon as possible.
(hc) The Company will use its best efforts to apply the net proceeds from register or qualify the sale of the Securities in such States as described in shall be reasonably requested by the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; andManaging Agents.
(id) not The Company will deliver to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation the Managing Agents as many copies of the price Preliminary Prospectus the Managing Agents may reasonably request during the period following the filing of the SecuritiesRegistration Statement and each amendment thereto. The Company will deliver to the Managing Agents as many copies of the Final Prospectus and each post-effective amendment of the Registration Statement, as the Managing Agents may reasonably request during the period of the offering and for ninety (90) days after the closing date,
(e) The Company will file with the Commission and any appropriate State securities commissioners any sales and other reports required by the rules and regulations of such agencies and will promptly supply copies to the Managing Agents.
(f) The Company will notify the Managing Agents a reasonable amount of time in advance of any additional issuance of shares following a successful closing, for a period of two years following the Final Closing Date, except upon the issuance of shares underlying warrants outstanding on the closing date and shares issued pursuant to any duly adopted directors or employees stock or stock option or equivalent plan, the issuance of which Company will notify the Managing Agents within five business days following such issuance.
Appears in 3 contracts
Samples: Underwriting Agreement (Valuerich Inc), Underwriting Agreement (Valuerich Inc), Underwriting Agreement (Valuerich Inc)
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by reasonably satisfactory to the Underwriters Selling Agent and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the last Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as permitted herein; to advise the Underwriters Selling Agent, promptly after it receives notice thereof, of the time when any such amendment to the Registration Statement has been filed or becomes effective or any supplement after such Closing Date to the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters Selling Agent with copies thereof and thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period the Stock; to advise the UnderwritersSelling Agent, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to each of the Selling Agent and to counsel for the Selling Agent a copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Selling Agent such number of the following documents as the Selling Agent shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement and any computation of per share earnings), (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus and (iii) any document incorporated by reference in the Prospectus (excluding exhibits thereto); and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Stock or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Selling Agent and to file such document and, upon their request, to prepare and furnish without charge to the Selling Agent as many copies as the Selling Agent may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the judgment of the Company or the Selling Agent, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus, any document incorporated by reference in the Prospectus or any Prospectus pursuant to Rule 424 of the Rules and Regulations, to notify the Selling Agent and to furnish a copy thereof to the Selling Agent and its counsel;
(f) As soon as practicable after the Effective Date, to make generally available to the Company's security holders and to deliver to the Selling Agent an earning statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) For a period of five years following the Effective Date, to furnish to the Selling Agent copies of all materials furnished by the Company to its shareholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Common Stock may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder; provided, that so long as such reports are available through XXXXX or any successor online system of the Commission, no copies need be provided to the Selling Agent;
(h) Promptly from time to time to take such action as the Underwriters Selling Agent may reasonably request to qualify the Securities Stock for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Selling Agent may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesStock; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectjurisdiction;
(ci) For a period of 90 days from the date of the Prospectus, not to, directly or indirectly, (1) offer for sale, sell, pledge or otherwise dispose of (or enter into any transaction or device which is designed to, or could be expected to, result in the disposition by any person at any time in the future of) any shares of Stock or securities convertible into or exchangeable for Stock (other than the Stock and shares issued pursuant to employee benefit plans, qualified stock option plans or other employee compensation plans or dividend reinvestment and stock purchase plans existing on the date hereof or pursuant to currently outstanding options, warrants or rights or any options issued pursuant to the foregoing plans subsequent to the date hereof ), or sell or grant options, rights or warrants with respect to any shares of Stock or securities convertible into or exchangeable for Stock (other than the grant of options pursuant to option plans existing on the date hereof), or (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the economic benefits or risks of ownership of such shares of Stock, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of Stock or other securities, in cash or otherwise, in each case without the prior written consent of the Selling Agent, which consent shall not be unreasonably withheld, provided, however, the Company may engage in any transaction described in clause (1) or (2) above in connection with the purchase by the Company of substantially all of the assets or stock of another entity, or a merger, consolidation or exchange, provided the Company provides the Selling Agent with five (5) business days prior written notice thereof; and to cause each officer and director of the Company to furnish to the Underwriters Selling Agent, prior to the First Closing Date, a letter or letters, in form and substance reasonably satisfactory to counsel for the Selling Agent, pursuant to which each such number person shall agree not to, directly or indirectly, (A) offer for sale, sell, pledge or otherwise dispose of conformed copies (or enter into any transaction or device which is designed to, or could be expected to, result in the disposition by any person at any time in the future of) any shares of Stock or securities convertible into or exchangeable for Stock or (B) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any economic benefits or risks of ownership of such documents shares of Stock, whether any such transaction described in clause (including any document filed under the Exchange Act and deemed A) or (B) above is to be incorporated settled by reference delivery of Stock or other securities, in the Registration Statement, any Preliminary Prospectus cash or the Prospectus)otherwise, in each case as soon as available and in such quantities as for a period of 90 days from the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf willProspectus, without the prior written consent of the RepresentativesSelling Agent, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Actwhich consent shall not be unreasonably withheld;
(hj) to To apply the net proceeds from the sale of the Securities Stock being sold by the Company as described set forth in the Disclosure Package Prospectus;
(k) Prior to the Effective Date, to apply for the listing of the Stock on the NASDAQ National Market System and to use its best efforts to complete that listing, subject only to official notice of issuance, prior to the Prospectus under the heading “Use of Proceeds”First Closing Date; and
(il) not To take such steps as shall be necessary to take, directly or indirectly, ensure that neither the Company nor any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation subsidiary shall become an "investment company" within the meaning of such term under the Investment Company Act of 1940 and the rules and regulations of the price of the SecuritiesCommission thereunder.
Appears in 2 contracts
Samples: Financial Advisory Services and Agency Agreement (Drovers Bancshares Corp), Financial Advisory Services and Agency Agreement (Drovers Bancshares Corp)
Further Agreements of the Company. The Company agrees with the Underwriters:
(a) to prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, pursuant to Rule 424(b) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereof; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to the Securities or suspending any such qualification, to promptly use its best efforts to obtain the withdrawal of such order;
(b) promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between for a period of 30 days after the date of this Agreement and the Closing DateAgreement, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.
Appears in 2 contracts
Samples: Underwriting Agreement (Travelers Companies, Inc.), Underwriting Agreement (Travelers Companies, Inc.)
Further Agreements of the Company. The Company covenants and agrees with the Underwritersas follows:
(a) to The Company will (i) prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and timely file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, pursuant to under Rule 424(b) under the Securities Act, within a Prospectus containing information previously omitted at the time period prescribed by such Rule; to make no further amendment or any supplement to of effectiveness of the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement in reliance on Rule 430A and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereof; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to (ii) not file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus of which you shall not previously have been advised and furnished with a copy or to which you shall have reasonably objected in writing or which is not in compliance with the Securities Act or the rules and regulations of the Commission.
(b) The Company will promptly notify each Underwriter in the event of (i) the request by the Commission for amendment of the Registration Statement or for supplement to the Prospectus or for any amended Prospectus has been filed with the Commissionadditional information, of (ii) the issuance by the Commission of any stop order suspending the effectiveness of the Registration Statement, (iii) the institution or notice of intended institution of any order preventing action or suspending proceeding for that purpose, (iv) the use receipt by the Company of any prospectus relating notification with respect to the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, or (v) the receipt by it of notice of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of . The Company will make every reasonable effort to prevent the issuance of any such a stop order or of and, if such an order shall at any such order preventing or suspending the use of any prospectus relating to the Securities or suspending any such qualificationtime be issued, to promptly use its best efforts to obtain the withdrawal of such order;thereof at the earliest possible moment.
(bc) The Company will (i) on or before the Closing Date, deliver to you a signed copy of the Registration Statement as originally filed and of each amendment thereto filed prior to the time the Registration Statement becomes effective and, promptly upon the filing thereof, a signed copy of each post-effective amendment, if any, to the Registration Statement (together with, in each case, all exhibits thereto unless previously furnished to you) and will also deliver to you, for distribution to the Underwriters, a sufficient number 7 of additional conformed copies of each of the foregoing (but without exhibits) so that one copy of each may be distributed to each Underwriter, (ii) as promptly as possible deliver to you and send to the several Underwriters, at such office or offices as you may designate, as many copies of the Prospectus as you may reasonably request, and (iii) thereafter from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) a prospectus is required by law to be delivered under by an Underwriter or dealer, likewise send to the Securities ActUnderwriters as many additional copies of the Prospectus and as many copies of any supplement to the Prospectus and of any amended prospectus, to comply filed by the Company with all requirements imposed upon it the Commission, as you may reasonably request for the purposes contemplated by the Securities Act, as from .
(d) If at any time during the period in which a prospectus is required by law to time in force, so far as is necessary to permit the continuance of sales of be delivered by an Underwriter or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period dealer any event occurs relating to or affecting the Company, or of which the Company shall be advised in writing by you, shall occur as a result of which it is necessary, in the Disclosure Package opinion of counsel for the Company or of counsel for the Underwriters, to supplement or amend the Prospectus in order to make the Prospectus not misleading in the light of the circumstances existing at the time it is delivered to a purchaser of the Stock, the Company will forthwith prepare and file with the Commission a supplement to the Prospectus or an amended prospectus so that the Prospectus as then so supplemented or amended or supplemented would include an will not contain any untrue statement of a material fact or omit to state a any material fact necessary in order to make the statements therein, in the light of the circumstances then existingexisting at the time such Prospectus is delivered to such purchaser, not misleading. If, or if after the initial public offering of the Stock by the Underwriters and during such period it is necessary period, the Underwriters shall propose to amend vary the Registration Statement terms of offering thereof by reason of changes in general market conditions or amend otherwise, you will advise the Company in writing of the proposed variation, and, if in the opinion either of counsel for the Company or of counsel for the Underwriters such proposed variation requires that the Prospectus be supplemented or amended, the Company will forthwith prepare and file with the Commission a supplement the Disclosure Package or to the Prospectus or file an amended prospectus setting forth such variation. The Company authorizes the Underwriters and all dealers to whom any document of the Stock may be sold by the several Underwriters to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or use the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;amended or supplemented, in connection with the sale of the Stock in accordance with the applicable provisions of the Securities Act and the applicable rules and regulations thereunder for such period.
(e) Prior to the filing thereof with the Commission, the Company will submit to you, for your information, a copy of any post-effective amendment to the Registration Statement and any supplement to the Prospectus or any amended prospectus proposed to be filed.
(f) The Company will cooperate, when and as requested by you, in the qualification of the Stock for offer and sale under the securities or blue sky laws of such jurisdictions as you may designate and, during the period in which a prospectus is required by law to be delivered by an Underwriter or dealer, in keeping such qualifications in good standing under said securities or blue sky laws; provided, however, that the Company shall not be obligated to file any general consent to service of process or to qualify as a foreign corporation in any jurisdiction in which it is not so qualified. The Company will, from time to time, prepare 8 and file such statements, reports, and other documents as are or may be required to continue such qualifications in effect for so long a period as you may reasonably request for distribution of the Stock.
(g) During a period of five years commencing with the date hereof, the Company will furnish to you, and to each Underwriter who may so request in writing, copies of all periodic and special reports furnished to stockholders of the Company and of all information, documents and reports filed with the Commission.
(h) Not later than the 45th day following the end of the fiscal quarter first occurring after the first anniversary of the Effective Date, the Company will make generally available to security-its security holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying in accordance with Section 11(a) of the Securities Act (including, at the option of the Company, and Rule 158 thereunder);.
(fi) between The Company agrees to pay all costs and expenses incident to the date performance of its obligations under this Agreement, including all costs and expenses incident to (i) the preparation, printing and filing with the Commission and the National Association of Securities Dealers, Inc. of the Registration Statement, any Preliminary Prospectus and the Prospectus, (ii) the furnishing to the Underwriters of copies of any Preliminary Prospectus and of the several documents required by paragraph (c) of this Section 6 to be so furnished, (iii) the printing of this Agreement and related documents delivered to the Closing DateUnderwriters, neither (iv) the Companypreparation, nor any printing and filing of its subsidiaries all supplements and amendments to the Prospectus referred to in paragraph (d) of this Section 6, (v) the furnishing to you and the Underwriters of the reports and information referred to in paragraph (g) of this Section 6 and (vi) the printing and issuance of stock certificates, including the transfer agent's fees.
(j) The Company agrees to reimburse you, for the account of the several Underwriters, for blue sky fees and related disbursements (including counsel fees and disbursements and cost of printing memoranda for the Underwriters) paid by or other affiliates over which it exercises management for the account of the Underwriters or voting control, nor any person acting on their behalf willcounsel in qualifying the Stock under state securities or blue sky laws and in the review of the offering by the NASD.
(k) The Company hereby agrees that, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale Hambxxxxx & Xuisx XXX on behalf of the Securities as described in Underwriters, the Disclosure Package and Company will not, for a period of 180 days following the Prospectus under commencement of the heading “Use public offering of Proceeds”; and
(i) not to takethe Stock by the Underwriters, directly or indirectly, (i) sell, offer, contract to sell, make any action designed short sale, pledge, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase or otherwise transfer or dispose of any shares of Common Stock or any securities convertible into or exchangeable or exercisable for or any rights to purchase or acquire Common Stock or (ii) enter into any swap or other agreement that transfers, in whole or in part, any of the economic consequences or ownership of Common Stock, whether any such transaction described in clause (i) or (ii) above is to be settled by delivery of Common Stock or such other securities, in cash or otherwise. The foregoing sentence shall not apply to (A) the Stock to be sold to the Underwriters pursuant to this Agreement, (B) shares of Common Stock issued by the Company upon the exercise 9 of options granted under the stock option plans of the Company (the "Option Plans"), all as described under the caption "Capitalization" in the Preliminary Prospectus, and (C) options to purchase Common Stock granted under the Option Plans.
(l) If at any time during the 25-day period after the Registration Statement becomes effective any rumor, publication or event relating to or that could reasonably affecting the Company shall occur as a result of which in your opinion the market price for the Stock has been or is likely to be expected materially affected (regardless of whether such rumor, publication or event necessitates a supplement to cause or result in any stabilization or manipulation amendment of the price Prospectus), the Company will, after written notice from you advising the Company to the effect set forth above, forthwith prepare, consult with you concerning the substance of, and disseminate a press release or other public statement, reasonably satisfactory to you, responding to or commenting on such rumor, publication or event.
(m) The Company is familiar with the Investment Company Act of 1940, as amended, and has in the past conducted its affairs, and will in the future conduct its affairs, in such a manner to ensure that the Company was not and will not be an "investment company" or a company "controlled" by an "investment company" within the meaning of the SecuritiesInvestment Company Act of 1940, as amended, and the rules and regulations thereunder.
Appears in 2 contracts
Samples: Underwriting Agreement (Quotesmith Com Inc), Underwriting Agreement (Quotesmith Com Inc)
Further Agreements of the Company. The Company agrees with each of the UnderwritersUnderwriters of any Designated Shares as follows:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, Prospectus in relation to the Securities applicable Designated Shares in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities ActAct no later than the Commission’s close of business on the second business day following the execution and delivery of the Pricing Agreement relating to the applicable Designated Shares or, if applicable, such earlier time as may be required by Rule 424(b); to file any Issuer Free Writing Prospectus to the extent and within the time period prescribed period, required by such RuleRule 433 under the Securities Act; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date Time of this Agreement Sale and prior to the Closing Date any Time of Delivery for such Designated Shares which shall be disapproved by the Underwriters for such Designated Shares promptly after reasonable notice thereof; not to use, authorize, approve, refer to or file any Issuer Free Writing Prospectus which shall be disapproved by the Underwriters for such Designated Shares promptly after reasonable notice thereof; to advise the Underwriters promptly of any such amendment or supplement to the Registration Statement or the Prospectus after any Time of Delivery for such Closing Date Designated Shares and furnish the Underwriters with copies thereof and thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company or the Operating Partnership with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, Designated Shares; and during such same period to advise the Underwriters, promptly after it receives notice thereof, of (i) the time when any amendment to the Registration Statement has been filed or becomes effective or any prospectus supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of (ii) the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing Prospectussuch Designated Shares, of (iii) the suspension of the qualification of such Securities Designated Shares for offering or sale in any jurisdiction, of (iv) the initiation or threatening of any proceeding for any such purposepurpose or pursuant to Section 8A of the Securities Act, or of (v) any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus Statement or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to the Securities Common Shares or suspending any such qualification, to promptly use its best efforts to obtain the withdrawal of such order;
(b) If required by Rule 430(B)(h) under the Securities Act, to prepare a form of prospectus in a form approved by the Underwriters and to file such form of prospectus pursuant to Rule 424(b) under the Securities Act not later than may be required by Rule 424(b) under the Securities Act; and to make no further amendment or supplement to such form of prospectus which shall be disapproved by the Underwriters promptly after reasonable notice thereof;
(c) Promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities such Designated Shares for offer offering and sale under the securities laws of such jurisdictions within the United States as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the Securitiessuch Designated Shares; provided provided, however, that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectjurisdiction;
(cd) to To furnish to the Underwriters such number of conformed with (i) two copies of the Registration Statement, Statement (as originally filed filed) and each amendment thereto (excluding exhibits other than this Agreement)thereto, any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments exhibits and supplements to any of such documents (including any document filed under the Exchange Act and incorporated or deemed to be incorporated by reference in therein; (ii) copies of the Registration Statement, any Preliminary Time of Sale Information; and (iii) copies of the Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives Underwriters may from time to time reasonably request;
(d) during , and, if the period in which the Prospectus relating to the Securities delivery of a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) of under the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to at any time in force, so far as is necessary to permit connection with the continuance offering or sale of sales of or dealings in the Securities as contemplated by the provisions of this Agreement Designated Shares; and by the most recent Preliminary Prospectus and the Prospectus. If during if at such period time any event occurs shall have occurred as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a any material fact necessary in order to make the statements therein, in the light of the circumstances then existingunder which they were made when such Prospectus is delivered, not misleading, or or, if for any other reason it shall be necessary during such same period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package Prospectus or to file under the Exchange Act any document incorporated or deemed to be incorporated by reference in the Prospectus or file any document in order to comply with the Securities Act, the Exchange Act, to promptly notify the Representatives and, Underwriters and subject to Section 4(a5(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or to prepare and file any such document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter and to any dealer in securities as many written and electronic copies of any such amendment or supplement as the Representatives Underwriters may from time to time reasonably request of an amended Prospectus or a prospectus supplement to the Prospectus, which will correct such statement or omission or effect such compliance; and if at any time prior to the Time of Delivery any event shall have occurred as a result of which the Time of Sale Information as then amended or supplemented would include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading, or if for any other reason it is necessary to amend or supplement the Time of Sale Information to comply with the Securities Act or the Exchange Act, to notify the Underwriters thereof and, subject to Section 5(a) hereof, prepare and file with the Commission (to the extent required) and to furnish to the Underwriters and to any dealer as the Underwriters may reasonably request, such amendments or supplements to the Time of Sale Information as will correct such statement or omission or effect such compliance;
(ei) During the period beginning from the date of the Pricing Agreement for the Designated Shares and continuing to and including the date specified in the Pricing Agreement for such Designated Shares, without the prior written consent of the Underwriters, not to, directly or indirectly, offer, sell, agree to offer or sell, solicit offers to purchase, grant any call option or purchase any put option with respect to, pledge, borrow or otherwise dispose of any Relevant Security (as defined below), or establish or increase any “put equivalent position” or liquidate or decrease any “call equivalent position” with respect to any Relevant Security (in each case within the meaning of Section 16 of the Exchange Act and the rules and regulations of the Commission thereunder), or otherwise enter into any swap, derivative or other transaction or arrangement that transfers to another, in whole or in part, any economic consequence of ownership of a Relevant Security, whether or not such transaction is to be settled by delivery of Relevant Securities, other securities, cash or other consideration; provided that the foregoing shall not restrict the issuance of non-convertible preferred shares or the issuance of Common Shares and options to purchase Common Shares (w) upon the exercise of options or warrants or the vesting of performance units and time-restricted Common Shares, the conversion of Series E Preferred Shares of the Company or the redemption of units in the Operating Partnership, (x) pursuant to the Company’s distribution reinvestment and employee share purchase plans or (y) pursuant to equity-based awards granted in the ordinary course of business to trustees or employees of the Company under the Company’s long-term incentive plan, in each case of each of clause (w), (x) and (y) as outstanding or in effect on the date of the Pricing Agreement as described or incorporated by reference in the Prospectus and the Registration Statement; and (ii) at the First Time of Delivery, the Company shall have furnished to the Underwriters a letter substantially in the form of Exhibit A attached hereto from each trustee and officer of the Company addressed to the Underwriters. As used in this Section 5(e), the term “Relevant Security” means the Common Shares, any other equity security of the Company or any of its subsidiaries and any security convertible into, or exercisable or exchangeable for, any Common Shares or other such equity security;
(f) To make generally available to security-its security holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its consolidated subsidiaries (which including, without limitation, the Operating Partnership)(which need not be audited) complying with Section 11(a) of the Securities Act and the rules and regulations of the Commission thereunder (including, at the option of the Company, Rule 158 thereunder158);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to To apply the net proceeds from the sale of the Securities Designated Shares as described in the Disclosure Package Preliminary Prospectus and the Prospectus under the heading “Use of Proceeds”; andProspectus;
(ih) not Not to take, directly or indirectly, any action designed to or that could would constitute or that might reasonably be expected to cause or result in any in, under the Exchange Act or otherwise, stabilization or manipulation manipulation, which is contrary to any applicable law, of the price of any security of the SecuritiesCompany or the Operating Partnership to facilitate the sale or resale of the Common Shares;
(i) Not to be or become, at any time prior to the expiration of three years after any Time of Delivery, an “investment company” or an entity “controlled” by an “investment company” (as such terms are defined in the Investment Company Act);
(j) To use its best efforts to continue to be organized and operated in conformity with the requirements for qualification as a REIT under the Code for each of its taxable years for so long as the Board of Trustees of the Company deems it in the best interests of the Company’s shareholders to remain so qualified and not to be materially and adversely against the interests of the holders of the Designated Shares to fail to be so qualified; and
(k) To retain, pursuant to reasonable procedures developed in good faith, copies of each Issuer Free Writing Prospectus that is not filed with the Commission in accordance with Rule 433 under the Securities Act.
Appears in 2 contracts
Samples: Underwriting Agreement (Brandywine Operating Partnership, L.P.), Underwriting Agreement (Brandywine Operating Partnership, L.P.)
Further Agreements of the Company. (a) The Company covenants and agrees with the Underwriterseach Underwriter:
(ai) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representatives and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) of the Rules and Regulations no later than the Commission’s close of business on the second business day following the execution and delivery of this Agreement; to file the Term Sheet in accordance with Rule 433 and to file any other Issuer Free Writing Prospectus to the extent required to be filed under Rule 433 of the Securities Act, within the time period prescribed by such RuleRules and Regulations; to make no further amendment or any supplement to the Registration Statement or the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Delivery Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as provided herein; to advise the Underwriters Representatives, promptly after it receives notice thereof, of the time when any such amendment to the Registration Statement has been filed or becomes effective or any supplement after such Closing Date to the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters Representatives with copies thereof and thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period the Notes; to advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order suspending the effectiveness of the Registration Statement or preventing or suspending the use of any prospectus relating to Preliminary Prospectus, the Securities Prospectus or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Notes for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, purpose or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order suspending the effectiveness of the Registration Statement or preventing or suspending the use of any prospectus relating to Preliminary Prospectus, the Securities Prospectus or any Issuer Free Writing Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain its withdrawal; and to pay any fees required by the withdrawal of such orderCommission relating to the Notes within the time required by Rule 456(b)(1) without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r);
(bii) To furnish promptly to the Representatives and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(iii) To deliver promptly to the Representatives such number of the following documents as the Representatives shall reasonably request: (A) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement and the computation of per unit earnings), (B) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus, (C) each Issuer Free Writing Prospectus and (D) other than documents available by XXXXX (as defined below) any document incorporated by reference in the Preliminary Prospectus or the Prospectus (excluding exhibits thereto); and, if the delivery of a prospectus is required at any time after the date hereof in connection with the offering or sale of the Notes or any other securities relating thereto (or in lieu thereof, the notice referred to in Rule 173(a)) and if at such time any events shall have occurred as a result of which the Pricing Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend the Registration Statement or amend or supplement the Pricing Disclosure Package or the Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Representatives and, upon their request, to file such document and to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Representatives may from time to time reasonably request of an amended supplemented Pricing Disclosure Package or the Prospectus that will correct such statement or omission or effect such compliance;
(iv) To file promptly with the Commission any amendment to the Registration Statement, the Pricing Disclosure Package or the Prospectus that may, in the reasonable judgment of the Company or the Representatives, be required by the Securities Act or the Exchange Act or requested by the Commission;
(v) During such period as the Underwriters are required to deliver a prospectus in connection with the offering contemplated hereby, prior to filing with the Commission any amendment or supplement to the Registration Statement, the Pricing Disclosure Package or the Prospectus, any document incorporated by reference in the Pricing Disclosure Package or the Prospectus or any amendment to any document incorporated by reference in the Pricing Disclosure Package or the Prospectus or any prospectus pursuant to Rule 424(b) of the Rules and Regulations to furnish a copy thereof to the Representatives and counsel for the Underwriters and obtain the consent of the Representatives to the filing, which consent shall not be reasonably withheld and which shall be provided to the Company promptly after having been given notice of the proposed filing; provided that, the foregoing provision shall not apply if such filing is, in the judgment of counsel to the Company, required by law;
(vi) Not to make any offer relating to the Notes that would constitute an Issuer Free Writing Prospectus without the prior written consent of the Representatives;
(vii) To retain in accordance with the Rules and Regulations all Issuer Free Writing Prospectuses not required to be filed pursuant to the Rules and Regulations; and if at any time after the date hereof any events shall have occurred as a result of which any Issuer Free Writing Prospectus, as then amended or supplemented, would conflict with the information in the Registration Statement, the most recent Preliminary Prospectus or the Prospectus or would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading, or, if for any other reason it shall be necessary to amend or supplement any Issuer Free Writing Prospectus, to notify the Representatives and, upon their request, to file such document and to prepare and furnish without charge to each Underwriter as many copies as the Representatives may from time to time reasonably request of an amended or supplemented Issuer Free Writing Prospectus that will correct such conflict, statement or omission or effect such compliance;
(viii) As soon as practicable after the Effective Date and in any event not later than 16 months after the date hereof, to make generally available via the Commission’s Electronic Data Gathering, Analysis and Retrieval (XXXXX) System, to the Company’s security holders and to the Representatives an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(ix) For a period of two years following the Effective Date, to furnish, or to make available via XXXXX, to the Representatives a copy of all materials furnished by the Company to its stockholders (excluding any periodic income tax reporting materials) and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange or automated quotation system upon which its common stock may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder;
(x) Promptly from time to time to take such action as the Underwriters Representatives may reasonably request to qualify the Securities Notes for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Representatives may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesNotes; provided that in connection therewith the Company shall not be required to (i) qualify as a foreign corporationcorporation in any jurisdiction in which it would not otherwise be required to so qualify, to (ii) file a general consent to service of process in any such jurisdiction or to become (iii) subject itself to taxation in any jurisdiction in which it is would not otherwise be subject;
(cxi) to furnish to During the Underwriters such number of conformed copies of period from the Registration Statement, as originally filed date hereof through and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectusincluding the Delivery Date, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf willwill not, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any debt securities that are substantially similar to issued or granted by the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein Company and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Acthaving a tenor of more than one year;
(hxii) to To apply the net proceeds from the sale offering of the Securities Notes as described set forth in the Disclosure Package and Prospectus;
(xiii) To take such steps as shall be necessary to ensure that the Prospectus under Company shall not become an “investment company” as defined in the heading “Use of Proceeds”Investment Company Act; and
(ixiv) To not to take, directly or indirectly, indirectly take any action designed to or that could which constitutes or which might reasonably be expected to cause or result in any in, under the Exchange Act or otherwise, stabilization or manipulation of the price of any security of the SecuritiesCompany to facilitate the sale or resale of the Notes.
(b) Each Underwriter severally and not jointly agrees that such Underwriter shall not include any “issuer information” (as defined in Rule 433 of the Rules and Regulations) in any “free writing prospectus” (as defined in Rule 405 of the Rules and Regulations but excluding any Issuer Free Writing Prospectus, including any road show constituting a free writing prospectus under Rule 433 of the Rules and Regulations in connection with the offer and sale of the Notes) used or referred to by such Underwriter without the prior consent of the Company (any such issuer information with respect to whose use the Company has given its consent, being defined as “Permitted Issuer Information”); provided that (i) no such consent shall be required with respect to any such issuer information contained in any document filed by the Company with the Commission prior to the use of such free writing prospectus or customary Bloomberg e-mails containing comparable bond price information and (ii) “issuer information,” as used in this Section 5(b), shall not be deemed to include information prepared by or on behalf of such Underwriter on the basis of or derived from issuer information.
(c) If, at any time prior to the filing of the Prospectus pursuant to Rule 424(b), any event occurs as a result of which the Pricing Disclosure Package would include an untrue statement of a material fact or omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made or the circumstances then prevailing, not misleading, the Company will (i) notify promptly the Representatives so that any use of the Pricing Disclosure Package may cease until it is amended or supplemented; (ii) amend or supplement the Pricing Disclosure Package to correct such statement or omission; and (iii) supply any amendment or supplement to you in such quantities as you may reasonably request.
(d) If, at any time when a prospectus relating to the Notes is required to be delivered under the Securities Act (including in circumstances where such requirement may be satisfied pursuant to Rule 172), any event occurs as a result of which the Prospectus as then supplemented would include an untrue statement of a material fact or omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made at such time, not misleading, or if it shall be necessary to amend the Registration Statement, file a new registration statement or supplement the Prospectus to comply with the Securities Act or the Exchange Act or the respective rules thereunder, including in connection with use or delivery of the Prospectus, the Company promptly will (i) notify the Representatives of any such event, (ii) prepare and file with the Commission, subject to clause (a)(i) of this Section 5, an amendment or supplement or new registration statement which will correct such statement or omission or effect such compliance, (iii) use its best efforts to have any amendment to the Registration Statement or new registration statement declared effective as soon as practicable in order to avoid any disruption in use of the Prospectus and (iv) supply any amendment or supplement to you in such quantities as you may reasonably request.
Appears in 2 contracts
Samples: Underwriting Agreement (Williams Companies, Inc.), Underwriting Agreement (Williams Companies, Inc.)
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representatives and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofProspectus except as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Representatives with copies thereof; to advise the CommissionRepresentatives, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to each of the Representatives and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Representatives such number of the following documents as the Representatives shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement) and (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus; and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Stock or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus in order to comply with the Securities Act, to notify the Representatives and, upon their request, to file such document and to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Representatives may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the judgment of the Company or the Representatives, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus or any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Representatives and counsel for the Underwriters and obtain the consent of the Representatives to the filing;
(f) As soon as practicable after the Effective Date (but in no event later than 15 months after the Effective Date), to make generally available to the Company's security holders and to deliver to the Representatives an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) For a period of five years following the Effective Date, to furnish to the Representatives copies of all materials furnished by the Company to its shareholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Common Stock may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder;
(h) Promptly from time to time to take such action as the Underwriters Representatives may reasonably request to qualify the Securities Stock for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Representatives may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesStock; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectjurisdiction;
(ci) For a period of 180 days from the date of the Prospectus, not to, directly or indirectly, (1) offer for sale, sell, pledge or otherwise dispose of (or enter into any transaction or device which is designed to, or could be expected to, result in the disposition by any person at any time in the future of) any shares of Common Stock or securities convertible into or exchangeable for Common Stock (other than the Stock and shares issued pursuant to employee benefit plans, qualified stock option plans or other employee compensation plans existing on the date hereof or pursuant to currently outstanding options, warrants or rights), or sell or grant options, rights or warrants with respect to any shares of Common Stock or securities convertible into or exchangeable for Common Stock (other than the grant of options pursuant to option plans existing on the date hereof), or (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the economic benefits or risks of ownership of such shares of Common Stock, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of Common Stock or other securities, in cash or otherwise, in each case without the prior written consent of Xxxxxx Brothers Inc.; and to cause each officer and director of the Company to furnish to the Underwriters Representatives, prior to the First Delivery Date, a letter or letters, in form and substance satisfactory to counsel for the Underwriters, pursuant to which each such number person shall agree not to, directly or indirectly, (1) offer for sale, sell, pledge or otherwise dispose of conformed copies (or enter into any transaction or device which is designed to, or could be expected to, result in the disposition by any person at any time in the future of) any shares of Common Stock or securities convertible into or exchangeable for Common Stock or (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any economic benefits or risks of ownership of such documents shares of Common Stock, whether any such transaction described in clause (including any document filed under the Exchange Act and deemed 1) or (2) above is to be incorporated settled by reference delivery of Common Stock or other securities, in the Registration Statement, any Preliminary Prospectus cash or the Prospectus)otherwise, in each case as soon as available and in such quantities as for a period of 180 days from the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf willProspectus, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities ActXxxxxx Brothers Inc.;
(hj) Prior to the Effective Date, to apply for the inclusion of the Stock on the Nasdaq National Market and to use its best efforts to effect such quotation, subject only to official notice of issuance, prior to the First Delivery Date;
(k) To apply the net proceeds from the sale of the Securities Stock being sold by the Company as described set forth in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”Prospectus; and
(il) not To take such steps as shall be necessary to take, directly or indirectly, ensure that neither the Company nor any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation subsidiary shall become an "investment company" within the meaning of such term under the Investment Company Act of 1940 and the rules and regulations of the price of the SecuritiesCommission thereunder.
Appears in 2 contracts
Samples: Underwriting Agreement (Verticalnet Inc), Underwriting Agreement (Analytical Graphics Inc)
Further Agreements of the Company. The Company agrees with the several Underwriters:
(a) to To prepare the Final Term SheetRule 462(b) Registration Statement, substantially if necessary, in the a form of Schedule 3 hereto and approved by the Representatives and file such Rule 462(b) Registration Statement with the Final Term Sheet Commission by 10:00 P.M., New York time, on the date hereof, and the Company shall at the time of filing either pay to the Commission the filing fee for the Rule 462(b) Registration Statement or give irrevocable instructions for the payment of such fee pursuant to Rule 433(d) of 111 under the Securities Act within the time period prescribed by such RuleRules and Regulations; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representatives containing information previously omitted at the time of effectiveness of the Registration Statement in reliance on Rule 430A of the Rules and Regulations and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) of the Rules and Regulations not later than the second business (2nd) day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A of the Rules and Regulations; to notify the Representatives immediately of the Company’s intention to file or prepare any supplement or amendment to any Registration Statement or to the Prospectus (including any amendment or supplement through incorporation of any report filed under the Securities Exchange Act, within the time period prescribed by such Rule; ) and to make no further amendment or any supplement to the Registration Statement Statements, the General Disclosure Package or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date Prospectus to which the Representatives shall be disapproved reasonably object by notice to the Underwriters promptly Company after a reasonable notice thereofperiod to review; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of the time when any amendment to the any Registration Statement (including any amendment or supplement through incorporation of any report filed under the Exchange Act) has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and General Disclosure Package or the Prospectus or any amended Prospectus (including any amendment or supplement through incorporation of any report filed under the Exchange Act) has been filed and to furnish the Underwriters with copies thereof; to file promptly all material required to be filed by the Company with the CommissionCommission pursuant to Rules 433(d) or 163(b)(2) of the Rules and Regulations, as the case may be; to advise the Representatives, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or Preliminary Prospectus, any Issuer Free Writing Prospectus or the Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary ProspectusStatements, the Prospectus General Disclosure Package or any Issuer Free Writing the Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus, any Issuer Free Writing Prospectus or the Securities Prospectus or suspending any such qualification, and promptly to promptly use its best efforts to obtain the withdrawal of such order;.
(b) The Company will promptly from notify the Representatives if the Company ceases to be an Emerging Growth Company at any time prior to time to take such action as the Underwriters may reasonably request to qualify later of (i) the completion of the distribution of the Firm Stock within the meaning of the Securities for offer Act and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale (ii) completion of the Securities; provided that in connection therewith the Company shall not be required to qualify Lock-Up Period (as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;defined below).
(c) to furnish to The Company represents and agrees that, unless it obtains the Underwriters such number of conformed copies prior consent of the Registration StatementRepresentatives, as originally filed and each amendment thereto (excluding exhibits other than this Agreement)Underwriter represents and agrees that, unless it obtains the prior consent of the Company and the Representatives, it has not made and will not, make any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus offer relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as Stock that would constitute a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (“free writing prospectus” as defined in Rule 158(c) under the Securities Act), an earnings statement 405 of the Company Rules and its subsidiaries Regulations (which need not be audited) complying with Section 11(a) of the Securities Act (includingeach, at the option of the Company, Rule 158 thereundera “Permitted Free Writing Prospectus”);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without ; provided that the prior written consent of the Representatives, offer, sell, contract Representatives hereto shall be deemed to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise have been given in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale respect of the Securities Issuer Free Writing Prospectuses included in Schedule C hereto. The Company represents that it has treated and agrees that it will treat each Permitted Free Writing Prospectus as described in an Issuer Free Writing Prospectus, comply with the Disclosure Package requirements of Rules 164 and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation 433 of the price of the Securities.Rules and
Appears in 2 contracts
Samples: Underwriting Agreement (Regado Biosciences Inc), Underwriting Agreement (Regado Biosciences Inc)
Further Agreements of the Company. The Company agrees with the several Underwriters:
(a) to To prepare the Final Term SheetRule 462(b) Registration Statement, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectusif necessary, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters Representative and file such Rule 462(b) Registration Statement with the Commission by 10:00 P.M., New York time, on the date hereof, and the Company shall at the time of filing either pay to the Commission the filing fee for the Rule 462(b) Registration Statement or give irrevocable instructions for the payment of such fee pursuant to Rule 111(b) under the Rules and Regulations; to prepare the Prospectus in a form approved by the Representative containing information previously omitted at the time of effectiveness of any Registration Statement in reliance on Rules 430A, 430B or 430C of the Rules and Regulations and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under of the Securities ActRules and Regulations not later than the second business (2nd) day following the execution and delivery of this Agreement or, within if applicable, such earlier time as may be required by Rule 430A of the time period prescribed by such RuleRules and Regulations; to notify the Representative immediately of the Company’s intention to file or prepare any supplement or amendment to any Registration Statement or to the Prospectus and to make no further amendment or any supplement to any Registration Statement, the Registration Statement Pricing Prospectus or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date Prospectus to which the Representative shall be disapproved reasonably object by notice to the Underwriters promptly Company after a reasonable notice thereofperiod to review; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersRepresentative, promptly after it receives notice thereof, of the time when any amendment to the any Initial Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Pricing Prospectus and or the Prospectus or any amended Prospectus has been filed and to furnish the Underwriter with copies thereof; to file promptly all material required to be filed by the Company with the CommissionCommission pursuant to Rules 433(d) or 163(b)(2) of the Rules and Regulations, as the case may be; to advise the Representative, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the any Registration Statement, any Preliminary Prospectus, the Pricing Prospectus or any Issuer Free Writing the Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, and promptly to promptly use its best efforts to obtain the withdrawal of such order;.
(b) The Company will promptly from notify the Representative if the Company ceases to be an Emerging Growth Company at any time prior to time to take such action as the Underwriters may reasonably request to qualify later of (a) the completion of the distribution of the Firm Stock within the meaning of the Securities for offer Act and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale (b) completion of the Securities; provided that in connection therewith the Company shall not be required to qualify Lock-Up Period (as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;defined below).
(c) If at any time following the distribution of any Written Testing-the-Waters Communication there occurred or occurs an event or development as a result of which such Written Testing-the-Waters Communication included or would include an untrue statement of a material fact or omitted or would omit to furnish state a material fact necessary in order to make the Underwriters such number of conformed copies statements therein, in the light of the Registration Statementcircumstances existing at that subsequent time, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectusnot misleading, the Final Term Sheet Company will promptly notify the Representative and any other Issuer Free Writing Prospectuswill promptly amend or supplement, the Prospectus and all amendments and supplements at its own expense, such Written Testing-the-Waters Communication to any of eliminate or correct such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus untrue statement or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;omission.
(d) during the period in which the Prospectus The Company represents and agrees that, it has not made and will not make any offer relating to the Securities Stock that would constitute a “free writing prospectus” as defined in Rule 405 of the Rules and Regulations.
(e) If at any time prior to the expiration of nine (9) months after the later of (i) the latest effective date of the Registration Statement or (ii) the date of the Prospectus, when a prospectus relating to the Stock is required to be delivered (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities ActRules and Regulations) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs or condition exists as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an any untrue statement of a material fact fact, or omit to state a any material fact necessary to make the statements therein, in the light of the circumstances then existingunder which they were made when the Prospectus is delivered (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations), not misleading, or if during such period it is necessary at any time to amend the or supplement any Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to that the Company will promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend Representative thereof and upon their request will prepare an appropriate amendment or supplement in form and substance satisfactory to the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to Representative which will correct such statement or omission or to effect such compliance, compliance and will use its best efforts to have any amendment to any Registration Statement declared effective as soon as possible. The Company will furnish without charge to each Underwriter and to any dealer in securities as many written and electronic copies of any such amendment or supplement as the Representatives Representative may from time to time reasonably request;
request of such amendment or supplement. In case any Underwriter is required to deliver a prospectus (eor in lieu thereof, the notice referred to in Rule 173(a) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen Rules and Regulations) relating to the Stock nine (9) months or more after the later of (i) the latest effective date of the Registration Statement or (as defined in Rule 158(cii) under the Securities Act), an earnings statement date of the Prospectus, the Company and its subsidiaries (which need not upon the request of the Representative will prepare promptly an amended or supplemented Prospectus as may be audited) complying necessary to permit compliance with the requirements of Section 11(a10(a)(3) of the Securities Act (including, at the option and deliver to such Underwriter as many copies as such Underwriter may request of such amended or supplemented Prospectus complying with Section 10(a)(3) of the Company, Rule 158 thereunder);Securities Act.
(f) between For a period commencing on the Effective Date and ending on the earlier of five (5) years from such date or such earlier time at which the Liquidation occurs, the Company will use its best efforts to maintain the registration of this Agreement and the Closing DateCommon Stock under the provisions of the Exchange Act, neither except after giving effect to a going private transaction after the Company, nor any completion of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, a Business Combination. The Company will not deregister the Common Stock under the Exchange Act (except in connection with a going private transaction after the completion of a Business Combination) without the prior written consent of the RepresentativesRepresentative. As used herein, offer, sell, contract to sell or otherwise dispose “Liquidation” shall mean the distributions of any securities that are substantially similar the Trust Account to the Securities.
(g) to pay Public Stockholders in connection with the required Commission filing fees related redemption of shares of Common Stock held by the Public Stockholders pursuant to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale terms of the Securities Company’s Amended and Restated Certificate of Incorporation, as described in amended, if the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not Company fails to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securitiesconsummate a Business Combination.
Appears in 2 contracts
Samples: Underwriting Agreement (Global Defense & National Security Systems, Inc.), Underwriting Agreement (Global Defense & National Security Systems, Inc.)
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) Prior to prepare the termination of the offering of the Securities, the Company will not file any amendment to the Registration Statement or any supplement to the Final Term Sheet, substantially in Prospectus or any Preliminary Prospectus unless the form of Schedule 3 hereto Company has furnished you a copy for your review prior to filing and approved by the Representatives and will not file any such proposed amendment or supplement to which you reasonably object. The Company will cause the Final Term Sheet pursuant Prospectus and any supplement thereto to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities be filed in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, pursuant to Rule 424(b) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereof; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company Representatives with the Commission pursuant to Sections 13(athe applicable paragraph of Rule 424(b) within the time period prescribed. The Company will promptly advise the Representatives (i) when the Final Prospectus, and any supplement thereto, shall have been filed (if required) with the Commission pursuant to Rule 424(b), 13(c)(ii) when, 14 or 15(d) prior to termination of the Exchange Act for so long as offering of the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has shall have been filed or become effective, (iii) of any request by the Commission or its staff for any amendment of the Registration Statement, or any Rule 462(b) Registration Statement, or for any supplement to the most recent Preliminary Prospectus and the Final Prospectus or for any amended Prospectus has been filed with the Commissionadditional information, (iv) of the issuance by the Commission of any stop order suspending the effectiveness of the Registration Statement or of any order preventing notice objecting to its use or suspending the use institution or threatening of any prospectus relating proceeding for that purpose and (v) of the receipt by the Company of any notification with respect to the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such the Securities for offering or sale in any jurisdiction, of jurisdiction or the initiation institution or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of . The Company will use its reasonable best efforts to prevent the issuance of any such stop order or the occurrence of any such order preventing suspension or suspending objection to the use of the Registration Statement and, upon such issuance, occurrence or notice of objection, to obtain as soon as possible the withdrawal of such stop order or relief from such occurrence or objection, including, if necessary, by filing an amendment to the Registration Statement or a new registration statement and using its reasonable best efforts to have such amendment or new registration statement declared effective as soon as practicable.
(b) To prepare a final term sheet, containing solely a description of final terms of the Securities and the offering thereof, in the form approved by you and attached as Schedule II hereto and to file such term sheet pursuant to Rule 433(d) within the time required by such Rule.
(c) If, at any time prior to the filing of the Final Prospectus pursuant to Rule 424(b), any event occurs as a result of which the Disclosure Package would include any untrue statement of a material fact or omit to state any material fact necessary to make the statements therein in the light of the circumstances under which they were made or the circumstances then prevailing not misleading, the Company will (i) notify promptly the Representatives so that any use of the Disclosure Package may cease until it is amended or supplemented; (ii) amend or supplement the Disclosure Package to correct such statement or omission; and (iii) supply any amendment or supplement to you in such quantities as you may reasonably request.
(d) If, at any time when a prospectus relating to the Securities is required to be delivered under the Act (including in circumstances where such requirement may be satisfied pursuant to Rule 172), any event occurs as a result of which the Final Prospectus as then supplemented would include any untrue statement of a material fact or suspending omit to state any material fact necessary to make the statements therein in the light of the circumstances under which they were made at such time not misleading, or if it shall be necessary to amend the Registration Statement, file a new registration statement or supplement the Final Prospectus to comply with the Act or the Exchange Act or the respective rules thereunder, including in connection with use or delivery of the Final Prospectus, the Company promptly will (i) notify the Representatives of any such qualificationevent, (ii) prepare and file with the Commission, subject to promptly the second sentence of paragraph (a) of this Section 5, an amendment or supplement or new registration statement which will correct such statement or omission or effect such compliance, (iii) use its reasonable best efforts to obtain have any amendment to the withdrawal Registration Statement or new registration statement declared effective as soon as practicable in order to avoid any disruption in use of the Final Prospectus and (iv) supply any supplemented Final Prospectus to you in such order;quantities as you may reasonably request.
(be) promptly The Company will furnish to the Representatives and counsel for the Underwriters, without charge, signed copies of the Registration Statement (including exhibits thereto) and to each other Underwriter a copy of the Registration Statement (without exhibits thereto) and, so long as delivery of a prospectus by an Underwriter or dealer may be required by the Act (including in circumstances where such requirement may be satisfied pursuant to Rule 172), as many copies of each Preliminary Prospectus, the Final Prospectus and each Issuer Free Writing Prospectus and any supplement thereto as the Representatives may reasonably request. The Company will pay the expenses of printing or other production of all documents relating to the offering.
(f) As soon as practicable after the date hereof, to make generally available to the Company’s security holders and to deliver to the Representatives an earnings statement of the Company and its subsidiaries satisfying the provisions of Section 11(a) of the Act and Rule 158 under the Act.
(g) For a period of three years following the Effective Date, to furnish to the Representatives copies of all materials furnished by the Company to its shareholders and all public reports and all reports and financial statements furnished by the Company to the New York Stock Exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder.
(h) Promptly from time to time to take such action as the Underwriters Representatives may reasonably request to qualify the Securities for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Representatives may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction jurisdiction, or to become subject itself to taxation in respect of doing business in any jurisdiction in which it is not otherwise so subject;.
(ci) to furnish to To apply the Underwriters such number of conformed copies of net proceeds from the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) sale of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it being sold by the Securities Act, Company as from time to time set forth in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package and the Final Prospectus.
(j) The Company agrees that, unless it has or shall have obtained the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light prior written consent of the circumstances then existingRepresentatives, and each Underwriter, severally and not misleadingjointly, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply agrees with the Securities ActCompany that, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend unless it has or supplement the Disclosure Package or the Prospectusshall have obtained, as the case may be, or file any document (in each case, at the expense prior written consent of the Company) so as , it has not made and will not make any offer relating to correct such statement the Securities that would constitute an Issuer Free Writing Prospectus or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement that would otherwise constitute a “free writing prospectus” (as defined in Rule 158(c405) required to be filed by the Company with the Commission or retained by the Company under Rule 433, other than a free writing prospectus containing the Securities Act), an earnings statement information contained in the final term sheet prepared and filed pursuant to Section 5(b) hereto; provided that the prior written consent of the Company and its subsidiaries (which need not parties hereto shall be audited) complying with Section 11(a) deemed to have been given in respect of the Securities Act Free Writing Prospectuses included in Schedule III hereto and any electronic road show. Any such free writing prospectus consented to by the Representatives or the Company is hereinafter referred to as a “Permitted Free Writing Prospectus.” The Company agrees that (includingx) it has treated and will treat, at as the option case may be, each Permitted Free Writing Prospectus as an Issuer Free Writing Prospectus and (y) it has complied and will comply, as the case may be, with the requirements of Rules 164 and 433 applicable to any Permitted Free Writing Prospectus, including in respect of timely filing with the CompanyCommission, Rule 158 thereunder);legending and record keeping.
(fk) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf willThe Company will not, without the prior written consent of the Representatives, offer, sell, contract to sell sell, pledge, or otherwise dispose of (or enter into any transaction which is designed to, or might reasonably be expected to, result in the disposition (whether by actual disposition or effective economic disposition due to cash settlement or otherwise) by the Company or any affiliate of the Company or any person in privity with the Company or any affiliate of the Company), directly or indirectly, including the filing (or participation in the filing) of a registration statement with the Commission in respect of, or establish or increase a put equivalent position or liquidate or decrease a call equivalent position within the meaning of Section 16 of the Exchange Act, any debt securities that are substantially similar to issued or guaranteed by the Company (other than the Securities) or publicly announce an intention to effect any such transaction, until the Business Day following the Closing Date.
(gl) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) The Company will not to take, directly or indirectly, any action designed to or that could would constitute or that might reasonably be expected to cause or result in any in, under the Exchange Act or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Securities.
Appears in 2 contracts
Samples: Underwriting Agreement (Ingredion Inc), Underwriting Agreement (Corn Products International Inc)
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus Supplement in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, Prospectus Supplement pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by such RuleCommission's close of business on the second business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofProspectus except as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters with copies thereof; to advise the CommissionUnderwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Shares for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus Supplement or the Securities Prospectus Supplement or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to the Underwriters and to counsel for the Underwriters, upon request, a conformed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Underwriters such number of the following documents as the Underwriters shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case including consents and exhibits other than this Agreement and the computation of per share earnings) and (ii) each Preliminary Prospectus Supplement, the Prospectus Supplement and any amended or supplemented Prospectus Supplement; and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Shares and if at such time any events shall have occurred as a result of which the Preliminary Prospectus Supplement or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Preliminary Prospectus Supplement or the Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Preliminary Prospectus Supplement or the Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Underwriters and, upon its request, to file such document and to prepare and furnish without charge to the Underwriters and to any dealer in securities as many copies as the Underwriters may from time to time reasonably request of an amended or supplemented Preliminary Prospectus Supplement or the Prospectus which will correct such statement or omission or effect such compliance. The aforementioned documents furnished to the Underwriters will be identical to the electronically transmitted copies thereof filed with the Commission pursuant to XXXXX, except to the extent permitted by Regulation S-T;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus Supplement or any supplement to the Prospectus Supplement that may, in the judgment of the Underwriters or counsel to the Underwriters, be required by the Securities Act or the Exchange Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus pursuant to Rule 424 of the Securities Act Regulations, to furnish a copy thereof to the Underwriters and counsel for the Underwriters and obtain the consent of the Underwriters to the filing;
(f) The Company will make generally available to its security holders as soon as practicable but no later than 60 days after the close of the period covered thereby an earnings statement (in form complying with the provisions of Section 11(a) of the Securities Act and Rule 158 of the Securities Act Regulations), which need not be certified by independent certified public accountants unless required by the Securities Act or the Securities Act Regulations, covering a twelve-month period commencing after the "effective date" (as defined in said Rule 158) of the Registration Statement;
(g) The Company will furnish to the Underwriters, from time to time during the period when the Prospectus is required to be delivered under the Securities Act or the Exchange Act such number of copies of the Prospectus (as amended or supplemented) as the Underwriters may reasonably request for the purposes contemplated by the Securities Act or the Exchange Act or the respective applicable rules and regulations of the Commission thereunder;
(h) For a period of five years following the Effective Date, to furnish to the Underwriters, upon request, copies of all materials furnished by the Company to its stockholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Common Shares may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder;
(i) Promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities Shares for offer offering and sale under the securities securities, real estate syndication or Blue Sky laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the Securities; provided that in connection therewith Shares by the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectUnderwriters;
(cj) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between From the date of this Agreement through, and including, the 30th day after the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, not to offer, sell, contract to sell or otherwise dispose of, except as provided hereunder, any preferred securities of any securities the Company that are substantially similar to the Securities.
(g) Shares, including but not limited to pay any securities that are convertible into or exchangeable for, or that represent the required Commission filing fees related right to receive, any such substantially similar securities without the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard prior written consent of Wachovia Capital Markets, LLC, except sales or offers in private placement transactions or in direct public placements to the proviso therein and otherwise sellers relating to acquisition of real property or interests therein, including mortgage or leasehold interests, or in accordance conjunction with Rules 456(b) and 457(r) under the Securities Actany joint venture transaction, made to any seller of such real property or such joint venture interest;
(hk) To use its best efforts to apply effect, within 30 days after the net proceeds from Closing Date, the sale listing of the Securities Shares on the NYSE;
(l) To take such steps as described in shall be necessary to ensure that neither the Disclosure Package Company nor the Operating Partnership shall become an "investment company" within the meaning of such term under the Investment Company Act of 1940, as amended, and the Prospectus rules and regulations of the Commission thereunder;
(m) The Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the heading “Use of Proceeds”Code; and
(in) not Except for the authorization of actions permitted to be taken by the Underwriters as contemplated herein or in the Prospectus, neither the Company nor the Operating Partnership will (a) take, directly or indirectly, any action designed to cause or to result in, or that could might reasonably be expected to cause or result in any constitute, the stabilization or manipulation of the price of any security of the SecuritiesCompany to facilitate the sale or resale of the Shares, and (b) until the Closing Date, (i) sell, bid for or purchase the Securities or pay any person any compensation for soliciting purchases of the Securities or (ii) pay or agree to pay to any person any compensation for soliciting another to purchase any other securities of the Company.
Appears in 2 contracts
Samples: Underwriting Agreement (Sl Green Realty Corp), Underwriting Agreement (Sl Green Realty Corp)
Further Agreements of the Company. The Company covenants and agrees with the Underwritersas follows:
(a) to The Company will (i) prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and timely file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, pursuant to under Rule 424(b) under the Securities Act, within a Prospectus containing information previously omitted at the time period prescribed by such Rule; to make no further amendment or any supplement to of effectiveness of the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement in reliance on Rule 430A and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereof; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to (ii) not file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus of which you shall not previously have been advised and furnished with a copy or to which you shall have reasonably objected in writing or which is not in compliance with the Securities Act or the rules and regulations of the Commission.
(b) The Company will promptly notify each Underwriter in the event of (i) the request by the Commission for amendment of the Registration Statement or for supplement to the Prospectus or for any amended Prospectus has been filed with the Commissionadditional information, of (ii) the issuance by the Commission of any stop order suspending the effectiveness of the Registration Statement, (iii) the institution or notice of intended institution of any order preventing action or suspending proceeding for that purpose, (iv) the use receipt by the Company of any prospectus relating notification with respect to the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, or (v) the receipt by it of notice of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of . The Company will make every reasonable effort to prevent the issuance of any such a stop order or of and, if such an order shall at any such order preventing or suspending the use of any prospectus relating to the Securities or suspending any such qualificationtime be issued, to promptly use its best efforts to obtain the withdrawal of such order;thereof at the earliest possible moment.
(bc) The Company will (i) on or before the Closing Date, deliver to you a signed copy of the Registration Statement as originally filed and of each amendment thereto filed prior to the time the Registration Statement becomes effective and, promptly upon the filing thereof, a signed copy of each post-effective amendment, if any, to the Registration Statement (together with, in each case, all exhibits thereto unless previously furnished to you) and will also deliver to you, for distribution to the Underwriters, a sufficient number of additional conformed copies of each of the foregoing (but without exhibits) so that one copy of each may be distributed to each Underwriter, (ii) as promptly as possible deliver to you and send to the several Underwriters, at such office or offices as you may designate, as many copies of the Prospectus as you may reasonably request, and (iii) thereafter from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) a prospectus is required by law to be delivered under by an Underwriter or dealer, likewise send to the Securities ActUnderwriters as many additional copies of the Prospectus and as many copies of any supplement to the Prospectus and of any amended prospectus, to comply filed by the Company with all requirements imposed upon it the Commission, as you may reasonably request for the purposes contemplated by the Securities Act, as from .
(d) If at any time during the period in which a prospectus is required by law to time in force, so far as is necessary to permit the continuance of sales of be delivered by an Underwriter or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period dealer any event occurs relating to or affecting the Company, or of which the Company shall be advised in writing by you, shall occur as a result of which it is necessary, in the Disclosure Package opinion of counsel for the Company or of counsel for the Underwriters, to supplement or amend the Prospectus in order to make the Prospectus not misleading in the light of the circumstances existing at the time it is delivered to a purchaser of the Stock, the Company will forthwith prepare and file with the Commission a supplement to the Prospectus or an amended prospectus so that the Prospectus as then so supplemented or amended or supplemented would include an will not contain any untrue statement of a material fact or omit to state a any material fact necessary in order to make the statements therein, in the light of the circumstances then existingexisting at the time such Prospectus is delivered to such purchaser, not misleading. If, or if after the initial public offering of the Stock by the Underwriters and during such period it is necessary period, the Underwriters shall propose to amend vary the Registration Statement terms of offering thereof by reason of changes in general market conditions or amend otherwise, you will advise the Company in writing of the proposed variation, and, if in the opinion either of counsel for the Company or of counsel for the Underwriters such proposed variation requires that the Prospectus be supplemented or amended, the Company will forthwith prepare and file with the Commission a supplement the Disclosure Package or to the Prospectus or file an amended prospectus setting forth such variation. The Company authorizes the Underwriters and all dealers to whom any document of the Stock may be sold by the several Underwriters to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or use the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;amended or supplemented, in connection with the sale of the Stock in accordance with the applicable provisions of the Securities Act and the applicable rules and regulations thereunder for such period.
(e) Prior to the filing thereof with the Commission, the Company will submit to you, for your information, a copy of any post-effective amendment to the Registration Statement and any supplement to the Prospectus or any amended prospectus proposed to be filed.
(f) The Company will cooperate, when and as requested by you, in the qualification of the Stock for offer and sale under the securities or blue sky laws of such jurisdictions as you may designate and, during the period in which a prospectus is required by law to be delivered by an Underwriter or dealer, in keeping such qualifications in good standing under said securities or blue sky laws; provided, however, that the Company shall not be obligated to file any general consent to service of process or to qualify as a foreign corporation in any jurisdiction in which it is not so qualified. The Company will, from time to time, prepare and file such statements, reports, and other documents as are or may be required to continue such qualifications in effect for so long a period as you may reasonably request for distribution of the Stock.
(g) During a period of five years commencing with the date hereof, the Company will furnish to you, and to each Underwriter who may so request in writing, copies of all periodic and special reports furnished to shareholders of the Company and of all information, documents and reports filed with the Commission.
(h) Not later than the 45th day following the end of the fiscal quarter first occurring after the first anniversary of the Effective Date, the Company will make generally available to security-its security holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying in accordance with Section 11(a) of the Securities Act (including, at the option of the Company, and Rule 158 thereunder);.
(fi) between The Company agrees to pay all costs and expenses incident to the date performance of its obligations under this Agreement, including all costs and expenses incident to (i) the preparation, printing and filing with the Commission and the National Association of Securities Dealers, Inc. (the "NASD") of the Registration Statement, any Preliminary Prospectus and the Prospectus, (ii) the furnishing to the Underwriters of copies of any Preliminary Prospectus and of the several documents required by paragraph (c) of this Section 6 to be so furnished, (iii) the printing of this Agreement and related documents delivered to the Closing DateUnderwriters, neither (iv) the Companypreparation, nor any printing and filing of its subsidiaries all supplements and amendments to the Prospectus referred to in paragraph (d) of this Section 6, (v) the furnishing to you and the Underwriters of the reports and information referred to in paragraph (g) of this Section 6 and (vi) the printing and issuance of stock certificates, including the transfer agent's fees.
(j) The Company agrees to reimburse you, for the account of the several Underwriters, for blue sky fees and related disbursements (including counsel fees and disbursements and cost of printing memoranda for the Underwriters) paid by or other affiliates over which it exercises management for the account of the Underwriters or voting control, nor any person acting on their behalf willcounsel in qualifying the Stock under state securities or blue sky laws and in the review of the offering by the NASD.
(k) The Company hereby agrees that, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Chase Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale Inc. on behalf of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
Underwriters (i) such consent not to takebe unreasonably withheld), the Company will not, for a period of 180 days following the commencement of the public offering of the Stock by the Underwriters, directly or indirectly, (i) sell, offer, contract to sell, make any action designed short sale, pledge, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase or otherwise transfer or dispose of any shares of Common Stock or any securities convertible into or exchangeable or exercisable for or any rights to purchase or acquire Common Stock or (ii) enter into any swap or other agreement that transfers, in whole or in part, any of the economic consequences or ownership of Common Stock, whether any such transaction described in clause (i) or (ii) above is to be settled by delivery of Common Stock or such other securities, in cash or otherwise. The foregoing sentence shall not apply to (A) the Stock to be sold to the Underwriters pursuant to this Agreement, (B) shares of Common Stock issued by the Company upon the exercise of options granted under the stock option plans of the Company (the "Option Plans") or upon the exercise of warrants outstanding as of the date hereof, all as described under the caption "Capitalization" in the Preliminary Prospectus, and (C) grants or options to purchase Common Stock granted under the Option Plans.
(l) If at any time during the 25-day period after the Registration Statement becomes effective any rumor, publication or event relating to or that could reasonably affecting the Company shall occur as a result of which in your opinion the market price for the Stock has been or is likely to be expected materially affected (regardless of whether such rumor, publication or event necessitates a supplement to cause or result in any stabilization or manipulation amendment of the price Prospectus), the Company will, after written notice from you advising the Company to the effect set forth above, forthwith prepare, consult with you concerning the substance of, and disseminate a press release or other public statement, reasonably satisfactory to you and to counsel to the Company, responding to or commenting on such rumor, publication or event.
(m) The Company is familiar with the Investment Company Act of 1940, as amended, and has in the past conducted its affairs, and will in the future conduct its affairs, in such a manner to ensure that the Company was not and will not be an "investment company" or a company "controlled" by an "investment company" within the meaning of the SecuritiesInvestment Company Act of 1940, as amended, and the rules and regulations thereunder.
(n) The Company agrees to place stop transfer orders on any Directed Stock that has been sold to Participants subject to the three month restriction on sale, transfer, assignment, pledge or hypothecation imposed by NASD Regulation, Inc. under its Interpretative Material 2110-1 on free-riding and withholding to the extent necessary to ensure compliance with the three month restrictions.
(o) The Company agrees to comply with all applicable securities and other applicable laws, rules and regulations in each jurisdiction in which the Directed Stock is offered in connection with the Directed Stock Program.
Appears in 2 contracts
Samples: Underwriting Agreement (Etinuum Inc), Underwriting Agreement (Etinuum Inc)
Further Agreements of the Company. The Company agrees with the several Underwriters:
(a) To cause the relevant Ordinary Shares underlying the Offered ADSs and the relevant Offered Shares to be listed and admitted to trading on Euronext on the relevant Closing Date.
(b) To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by to which the Underwriters Representatives do not reasonably object containing information previously omitted at the time of effectiveness of the Registration Statement in reliance on Rule 430B of the Rules and Regulations and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under of the Securities Act, within the Rules and Regulations not later than such time period prescribed as may be required by such Rule; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved reasonably by the Underwriters Representatives promptly after reasonable notice thereof; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwritersyou, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any Preliminary Prospectus or other prospectus relating in respect of the Securities, of any proceedings for such purpose or pursuant to Section 8A under the Securities Act, of any notice of objection of the Commission to the Securities use of the Registration Statement or any Issuer Free Writing Prospectuspost-effective amendment thereto pursuant to Rule 401(g)(2) under the Act, of the suspension of the qualification of such the Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to the Securities or suspending any such qualification, to promptly use its best efforts to obtain the withdrawal of such order;
(b) promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;.
(c) During the period mentioned in paragraph (d) below, before amending or supplementing the Registration Statement, the Prospectus or the General Disclosure Package, to furnish to the Underwriters Representatives a copy of each such number of conformed copies of the Registration Statementproposed amendment or supplement, as originally filed and each not to file any such proposed amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements or supplement to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as which the Representatives may from time to time reasonably request;objects in a timely manner.
(d) If, during such period after the period first date of the public offering of the Securities as, in which the opinion of the Representatives’ counsel, the Prospectus relating or the General Disclosure Package is required by applicable U.S. law to be delivered in connection with sales by an Underwriter or dealer, any event shall occur as a result of which it is necessary to amend or supplement the Securities Prospectus or the General Disclosure Package in order to make the statements therein, in light of the circumstances when the Prospectus (or in lieu thereof, the notice referred to in Rule 173(a) of under the Securities Act) or the General Disclosure Package is required delivered to be delivered a purchaser, not misleading, or if it is necessary to amend or supplement the Prospectus or the General Disclosure Package to comply with applicable U.S. law, forthwith to prepare and furnish, to the Underwriters and to the dealers (whose names and addresses the Representatives will furnish to the Company) to which Securities may have been sold by the Representatives on behalf of the Underwriters and to any other dealers upon request, either amendments or supplements to the Prospectus or the General Disclosure Package, as applicable, so that the statements in the Prospectus or the General Disclosure Package as so amended or supplemented will not, in light of the circumstances when the Prospectus (or in lieu thereof, the notice referred to in Rule 173(a) under the Securities Act) or the General Disclosure Package is delivered to a purchaser, to be misleading or so that the Prospectus or the General Disclosure Package, as applicable, as amended or supplemented, will comply with all requirements imposed upon applicable U.S. law.
(e) That it by has not made and will not, make any offer relating to the Securities Actthat would constitute a “free writing prospectus” as defined in Rule 405 of the Rules and Regulations without the prior consent of the Representatives (each such free writing prospectus, a “Permitted Free Writing Prospectus”). The Company represents that it has treated and agrees that it will treat each Permitted Free Writing Prospectus as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary an Issuer Free Writing Prospectus and comply with the requirements of Rules 164 and 433 of the Rules and Regulations applicable to any Issuer Free Writing Prospectus. , including the requirements relating to timely filing with the Commission, legending and record keeping.
(f) If during such period at any time following issuance of an Issuer Free Writing Prospectus there occurred or occurs an event occurs or development as a result of which such Issuer Free Writing Prospectus conflicted or will conflict with the Disclosure Package information contained in the Registration Statement, Pricing Prospectus or the Prospectus as then amended and not superseded or supplemented modified or included or would include an untrue statement of a material fact or omitted or would omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances then existingprevailing at the subsequent time, not misleading, the Company has promptly notified or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to will promptly notify the Representatives so that any use of the Issuer Free Writing Prospectus may cease until it is amended or supplemented and has promptly amended or will promptly amend or supplement, at its own expense, such Issuer Free Writing Prospectus to eliminate or correct such conflict, untrue statement or omission. The foregoing sentence does not apply to statements in or omissions from any Issuer Free Writing Prospectus in reliance upon, and in conformity with, (i) written information furnished to the Company through the Representatives by or on behalf of any Underwriter specifically for inclusion therein, which information the parties hereto agree is limited to the Underwriters’ Information (as defined in Section 21 hereof) and (ii) Selling Shareholder Information.
(g) To the extent not available on the Commission’s Electronic Data Gathering, Analysis and Retrieval system or any successor system (“XXXXX”), to furnish to the Representatives, if requested, one conformed copy of the Registration Statement (including exhibits thereto and documents incorporated by reference therein) and for delivery to each other Underwriter a conformed copy of the Registration Statement (without exhibits thereto, but including documents incorporated by reference therein) and, subject to Section 4(aduring the period mentioned in paragraph (d) hereofabove, amend the Registration Statement, amend or supplement the Disclosure Package or as many copies of the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, documents incorporated by reference therein and to furnish without charge to each Underwriter as many written any supplements and electronic copies of any such amendment or supplement amendments thereto as the Representatives may from time to time reasonably request;.
(eh) to To make generally available to security-holders of the Company its shareholders as soon as practicable, but in any event not later than eighteen sixteen (16) months after the effective date of the Registration Statement (as defined in Rule 158(c) under of the Securities ActRules and Regulations), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder158);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) To endeavor to qualify the Offered ADSs and Offered Shares for offering and sale under the securities laws of such U.S. or non-U.S. jurisdictions as the Representatives may reasonably request; provided, however, that the Company shall not be obligated to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result (i) qualify as a foreign corporation in any stabilization jurisdiction in which it is not so qualified, (ii) file a general consent to service of process in any jurisdiction or manipulation of the price of the Securities(iii) subject itself to taxation in any such jurisdiction if it is not otherwise so subject.
Appears in 2 contracts
Samples: Underwriting Agreement (Anheuser-Busch InBev SA/NV), Underwriting Agreement (Altria Group, Inc.)
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and To file the Final Term Sheet Prospectus pursuant to Rule 433(d) 497 of the Securities Act within Rules and Regulations not later than the time period prescribed by such Rule; to prepare second business day following the Prospectus, as amended earlier of the date of determination of the offering price or supplemented, in relation to the Securities in a form approved by date the Underwriters and to file or cause to be filed with Prospectus is first used after the Commission such Prospectus, pursuant to Rule 424(b) under Effective Date of the Securities Act, within the time period prescribed by such RuleRegulation Statement; to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Delivery Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, you promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish you with the Commissioncopies thereof; to advise you, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such order;its withdrawal.
(b) To furnish promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request you and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale your counsel a signed copy of the Securities; provided that in connection therewith Registration Statement as originally filed with the Company shall not be required to qualify as a foreign corporationCommission, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(c) To deliver promptly to furnish to the Underwriters you in New York City such number of the following documents as you shall request: (i) conformed copies of the Registration Statement, Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement, the Auction Agent Agreement, the Letter of Representations and the Articles Supplementary), (ii) any amendment to the Notification filed with the Commission, (iii) each Preliminary Prospectus, the Final Term Sheet Prospectus (not later than 10:00 A.M., New York City time, on the day following the execution and delivery of this Agreement) and any other Issuer Free Writing Prospectusamended or supplemented Prospectus (not later than 10:00 A.M., New York City time, on the Prospectus day following the execution and all amendments delivery of this Agreement) and supplements to (iv) if the delivery of a prospectus is required at any time after the Effective Time of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus Statement in connection with the offering or sale of the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities Stock (or in lieu thereof, the notice referred to in Rule 173(aany other securities relating thereto) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from and if at such time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs shall have occurred as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an any untrue statement of a material fact or omit to state a any material fact necessary in order to make the statements therein, in the light of the circumstances then existingunder which they were made when such Prospectus is delivered, not misleading, or or, if during such period for any other reason it is shall be necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document in order to comply with the Securities ActActs, to promptly notify the Representatives you and, subject upon your request to Section 4(a) hereof, amend the Registration Statement, amend prepare and furnish without charge to you and to any dealer in securities as many copies as you may from time to time request of an amended or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to supplemented Prospectus which will correct such statement or omission or to effect such compliance.
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, and to furnish without charge to each Underwriter as many written and electronic copies in the judgment of any such amendment the Company or supplement as you, be required by the Representatives may from time to time reasonably request;Acts or requested by the Commission.
(e) Prior to filing with the Commission (i) any amendment to the Registration Statement or supplement to the Prospectus, or (ii) any Prospectus pursuant to Rule 497 of the Rules and Regulations, to furnish a copy thereof to you and your counsel and to refrain from filing any such amendment, supplement or Prospectus to which you shall reasonably object after being timely furnished in advance a copy thereof.
(f) As soon as practicable after the Effective Date of the Registration Statement, to make generally available to security-its security holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), and to deliver to you an earnings statement of the Company and its subsidiaries (which need not be audited) Company, complying with the requirements of Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158 thereunder158);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) For a period of five years from the Effective Date of the Registration Statement, to pay furnish to you copies of all materials furnished by the required Company to shareholders and all public reports and all reports and financial statements furnished by the Company to the New York Stock Exchange, Inc. pursuant to requirements of or agreements with such exchange or to the Commission filing fees related pursuant to the Securities within Exchange Act of 1934, as amended (the time period required by Rule 456(b)(1) under "Exchange Act"), or any rule or regulation of the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;Commission thereunder.
(h) to To apply the net proceeds from the sale of the Securities Stock being sold by the Company as described set forth in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; andProspectus.
(i) Except for the shares of Stock and any shares of common stock of the Company issued to shareholders pursuant to the Company's Dividend Reinvestment and Cash Purchase Plan, not to takeoffer, directly sell or indirectly, register any action designed to securities with the Commission or that could reasonably be expected announce an offering of any securities of the Company within 90 days after the date hereof.
(j) The Company will use its reasonable best efforts to cause or result in any stabilization or manipulation the Stock, prior to the Delivery Date, to be assigned ratings of the price of the Securities"AAA" by Fitch Investors Service, Inc. ("Fitch") and "aaa" by Moody's Investors Service, Inc. ("Moody's), respectively.
Appears in 2 contracts
Samples: Underwriting Agreement (New America High Income Fund Inc), Underwriting Agreement (New America High Income Fund Inc)
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representatives and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than the Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date Prospectus unless the Representatives have previously been furnished with a copy of such amendment or supplement and have consented to such amendment or supplement (which consent shall not be disapproved by the Underwriters promptly after reasonable notice thereofunreasonably withheld); to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Representatives with copies thereof; to advise the CommissionRepresentatives, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to each of the Representatives and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Representatives such number of the following documents as the Representatives shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement and the computation of per share earnings) and (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus; and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Stock or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus in order to comply with the Securities Act, to notify the Representatives and, upon their request, to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Representatives may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance.
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the judgment of the Company or the Representatives, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus or any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Representatives and counsel for the Underwriters and obtain the consent of the Representatives to the filing (which consent shall not be unreasonably withheld);
(f) As soon as practicable after the Effective Date, to make generally available to the Company's security holders and to deliver to the Representatives an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) For a period of three years following the Effective Date, to furnish to the Representatives copies of all materials furnished generally by the Company to its shareholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Class A Common Stock may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder;
(h) Promptly from time to time to take such action as the Underwriters Representatives may reasonably request to qualify the Securities Stock for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Representatives may reasonably request (including such jurisdictions as may be require for the offering and sale of the Directed Shares) and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectStock;
(cA) to furnish to For a period of 180 days from the Underwriters such number date of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may benot to, directly or indirectly, (1) offer for sale, sell, pledge or otherwise dispose of (or enter into any transaction or device, or file any document (registration statement, other than a registration statement on Form S-8, which is designed to, or could be expected to, result in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;disposition by any
(ei) to make generally available to security-holders the pledge of securities issued upon the Company as soon as practicable, but in any event not later than eighteen months after the effective date exercise of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between options outstanding on the date of this Agreement pursuant to the Company's 1996 Stock Option Plan or 2000 Stock Incentive Plan or (ii) pledges, existing on the date of this Agreement, of securities held by the Xxxxxx XX Limited Partnership, provided, further that in the case of this clause (c) the foregoing shall apply to the securities so pledged and the Closing Datepledgee of those securities shall agree to be bound by the terms of the lock-up agreement, neither the Companyor (2) enter into any swap or other derivatives transaction that transfers to another, nor in whole or in part, any of its subsidiaries the economic benefits or risks of ownership of such shares of Capital Stock, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of Capital Stock or other affiliates over which it exercises management securities, in cash or voting controlotherwise, nor any person acting on their behalf willin each case for a period of 180 days from the date of the Prospectus, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose Xxxxxx Brothers Inc. and Banc of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the America Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities ActLLC;
(hj) to To apply the net proceeds from the sale of the Securities Stock being sold by the Company as described set forth in the Disclosure Package and the Prospectus under the heading “caption "Use of Proceeds”" and to file a Certificate of Elimination with the Secretary of State of the State of Oklahoma within two business days from the First Delivery Date to eliminate all of the Class D Preferred Stock and Class E Preferred Stock, which is being redeemed with the net proceeds from the sale of the Stock being sold by the Company.
(k) To take such steps as shall be necessary to ensure that neither the Company nor any subsidiary shall become an "investment company" within the meaning of such term under the Investment Company Act and the rules and regulations of the Commission thereunder;
(l) To comply with the Securities Act and the Rules and Regulations and the Exchange Act (including the rules and regulations thereunder) so as to permit the completion of the distribution of the Stock as contemplated in this Agreement and the Prospectus; and
(im) not Not to take, directly or indirectly, any action designed to cause or result in, or that could constitutes or might reasonably be expected to cause or result in any constitute, the stabilization or manipulation of the price of the SecuritiesClass A Common Stock.
(n) In connection with the Directed Share Program, the Company will ensure that the Directed Shares will be restricted to the extend required by the NASD or the NASD rules from sale, transfer, assignment, pledge or hypothecation for a period of three months following the date of the effectiveness of the Registration Statement. Xxxxxxx Xxxxx Barney Inc. will notify the Company as to which Participants will need to be so restricted. The Company will direct the removal of such transfer restrictions upon the expiration of such period of time.
Appears in 2 contracts
Samples: Underwriting Agreement (Dobson Communications Corp), Underwriting Agreement (Dobson Communications Corp)
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representatives and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofProspectus except as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Representatives with copies thereof; to advise the CommissionRepresentatives, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to each of the Representatives and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Representatives such number of the following documents as the Representatives shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement and the computation of per share earnings) and (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Stock or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus in order to comply with the Securities Act, to notify the Representatives and, upon their request, to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Representatives may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance.
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the judgment of the Company or the Representatives, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus or any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Representatives and counsel for the Underwriters and obtain the consent of the Representatives to the filing;
(f) As soon as practicable after the Effective Date to make generally available to the Company's security holders and to deliver to the Representatives an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) For a period of five years following the Effective Date, to furnish to the Representatives copies of all materials furnished by the Company to its shareholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Common Stock may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder;
(h) Promptly from time to time to take such action as the Underwriters Representatives may reasonably request to qualify the Securities Stock for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Representatives may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesStock; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectjurisdiction;
(ci) For a period of 180 days from the date of the Prospectus, not to, directly or indirectly, (1) offer for sale, sell, pledge or otherwise dispose of (or enter into any transaction or device which is designed to, or could be expected to, result in the disposition by any person at any time in the future of) any shares of Common Stock or securities convertible into or exchangeable for Common Stock (other than (A) the Stock, (B) shares issued pursuant to employee benefit plans, qualified stock option plans or other employee compensation plans existing on the date hereof or pursuant to currently outstanding options, warrants, rights or in accordance with presently outstanding convertible securities (all of which shall be automatically converted to Common Stock on the First Delivery Date), and (C) in connection with acquisitions of other companies, or their businesses or assets), or sell or grant options, rights or warrants with respect to any shares of Common Stock or securities convertible into or exchangeable for Common Stock (other than the grant of options pursuant to option plans existing on the date hereof), or (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the economic benefits or risks of ownership of such shares of Common Stock, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of Common Stock or other securities, in cash or otherwise, in each case without the prior written consent of Xxxxxx Brothers Inc.;
(j) Cause each officer, director and certain stockholders of he Company to furnish to the Underwriters Representatives, prior to the First Delivery Date, a letter or letters, in form and substance satisfactory to counsel for the Underwriters, pursuant to which each such number person shall agree not to, directly or indirectly, (1) offer for sale, sell, pledge or otherwise dispose of conformed copies (or enter into any transaction or device which is designed to, or could be expected to, result in the disposition by any person at any time in the future of) any shares of Common Stock or securities convertible into or exchangeable for Common Stock or (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any economic benefits or risks of ownership of such documents shares of Common Stock, whether any such transaction described in clause (including any document filed under the Exchange Act and deemed 1) or (2) above is to be incorporated settled by reference delivery of Common Stock or other securities, in the Registration Statement, any Preliminary Prospectus cash or the Prospectus)otherwise, in each case as soon as available and in such quantities as for a period of 180 days from the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf willProspectus, without the prior written consent of Xxxxxx Brothers Inc. except for gifts of shares of Common Stock or other securities convertible into, or exchangeable or exercisable for, Common Stock or other derivatives during the Representatives, offer, sell, contract above-referenced lock-up period after the date of the Prospectus if the donee agrees in writing to sell or otherwise dispose be bound by the terms of any securities that are substantially similar to such agreement for the Securities.
(g) to pay remainder of the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Actlock-up period;
(hk) Prior to the Effective Date, to apply for the inclusion of the Stock on the Nasdaq National Market System and to use its best efforts to complete that listing, subject only to official notice of issuance, prior to the First Delivery Date;
(l) Prior to filing with the Commission any reports pursuant to Rule 463 of the Rules and Regulations, to furnish a copy thereof to the counsel for the Underwriters and receive and consider its comments thereon, and to deliver promptly to the Representatives a signed copy of each report filed by it with the Commission;
(m) To apply the net proceeds from the sale of the Securities Stock being sold by the Company as described set forth in the Disclosure Package Prospectus;
(n) To take such steps as shall be necessary to ensure that neither the Company nor any subsidiary shall become an "investment company" within the meaning of such term under the Investment Company Act of 1940 and the Prospectus under rules and regulations of the heading “Use of Proceeds”Commission thereunder; and
(io) not In connection with the Directed Stock Program, to takeensure that the Directed Stock will be restricted to the extent required by the National Association of Securities Dealers, directly Inc. or indirectlythe rules of such association from sale, any action designed to transfer, assignment, pledge or that could reasonably be expected to cause or result in any stabilization or manipulation hypothecation for a period of three months following the date of the price effectiveness of the SecuritiesRegistration Statement, Xxxxxx Brothers Inc. will notify the Company as to which Participants will need to be so restricted. At the request of Xxxxxx Brothers Inc., the Company will direct the transfer agent to place stop transfer restrictions upon such securities for such period of time.
Appears in 2 contracts
Samples: Underwriting Agreement (U S Interactive Inc/Pa), Underwriting Agreement (U S Interactive Inc/Pa)
Further Agreements of the Company. The Company agrees with the Underwritersseveral Underwriters that:
(a) to The Company will prepare the Final Term SheetRule 462(b) Registration Statement, substantially if necessary, in the a form of Schedule 3 hereto and approved by the Representatives and file such Rule 462(b) Registration Statement with the Final Term Sheet pursuant to Rule 433(d) of Commission on the Securities Act within the time period prescribed by such Ruledate hereof; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representatives and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by such Rulesecond business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement Statements or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date Prospectus to which the Representatives shall be disapproved reasonably object by notice to the Underwriters promptly Company after a reasonable notice thereofperiod (but in no event longer than 48 hours) to review; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of the time when any amendment to the either Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Representatives with copies thereof; advise the CommissionRepresentatives, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statements or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such order;its withdrawal.
(b) promptly from If at any time prior to time to take such action as the Underwriters may reasonably request to qualify expiration of nine months after the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale effective date of the Securities; provided that in connection therewith the Company shall not be required to qualify as Initial Registration Statement when a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) Stock is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an any untrue statement of a material fact fact, or omit to state a any material fact necessary to make the statements therein, in the light of the circumstances then existingunder which they were made, not misleading, or if during such period it is necessary at any time to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to the Company will promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend thereof and upon their request will prepare an amended or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to supplemented Prospectus which will correct such statement or omission or to effect such compliance, and to . The Company will furnish without charge to each Underwriter and to any dealer in securities as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request of such amended or supplemented Prospectus; and in case any Underwriter is required to deliver a prospectus relating to the Stock nine months or more after the effective date of the Initial Registration Statement, the Company upon the request of the Representatives and at the expense of such Underwriter will prepare promptly an amended or supplemented Prospectus as may be necessary to permit compliance with the requirements of Section 10(a)(3) of the Securities Act.
(c) To furnish promptly to each of the Representatives and to counsel for the Underwriters a signed copy of each of the Registration Statements as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(d) To deliver promptly to the Representatives in New York City such number of the following documents as the Representatives shall reasonably request;: (i) conformed copies of the Registration Statements as originally filed with the Commission and each amendment thereto (in each case excluding exhibits), (ii) each Preliminary Prospectus (iii) the Prospectus (not later than 10:00 A.M., New York time, on the business day following the execution and delivery of this Agreement) and any amended or supplemented Prospectus (not later than 10:00 A.M., New York City time, on the business day following the date of such amendment or supplement).
(e) to To make generally available to security-holders of the Company its stockholders as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158 thereunder158);.
(f) between The Company will promptly take from time to time such actions as the Representatives may reasonably request to qualify the Stock for offering and sale under the securities or Blue Sky laws of such jurisdictions as the Representatives may designate and to continue such qualifications in effect for so long as required for the distribution of the Stock; provided that the Company shall not be obligated to qualify as a foreign corporation in any jurisdiction in which it is not so qualified or to file a general consent to service of process in any jurisdiction;
(g) To the extent such reports, financial statements or other communications are not available through the Commission’s Electronic Data Gathering and Retrieval System (“XXXXX”) or any systems succeeding or replacing XXXXX, during the period of five years from the date hereof, the Company will deliver to the Representatives and, upon request, to each of the other Underwriters, (i) as soon as they are available, copies of all reports or other communications furnished to stockholders and (i) as soon as they are available, copies of any reports and financial statements furnished or filed with the Commission pursuant to the Exchange Act or any national securities exchange or automatic quotation system on which the Stock is listed or quoted.
(h) The Company will not directly or indirectly offer, sell, assign, transfer, pledge, contract to sell, or otherwise dispose of any shares of Common Stock or securities convertible into or exercisable or exchangeable for Common Stock for a period of 180 days from the date of this Agreement the Prospectus without the prior written consent of XX Xxxxx, other than the Company’s sale of the Stock hereunder and the issuance of shares pursuant to (i) employee benefit plans, stock option plans, employee stock purchase plans or other employee compensation plans as in existence on the date hereof and described in the Prospectus, (ii) currently outstanding options, warrants, convertible preferred stock or other rights or (iii) strategic partnerships, joint ventures, collaborations, licensing, lending or similar arrangements; provided, however, that in the case of clause (iii), (A) the Company may not issue shares of Common Stock, or securities convertible into or exercisable or exchangeable for shares of Common Stock (and treating these securities as if converted into or exercised or exchanged for Common Stock), in excess of 5% of the Common Stock outstanding immediately following the sale of the Stock to be issued hereunder, and (B) the party to whom any such shares are to be issued shall furnish to the Representatives, prior to any such issuance, a letter, substantially in the form of Schedule C hereto. The Company will cause each officer, director, stockholder, warrantholder and optionholder listed in Schedule B to furnish to the Representatives, prior to the First Closing Date, neither a letter, substantially in the form of Schedule C hereto.
(i) The Company will supply the Representatives with copies of all correspondence to and from, and all documents issued to and by, the Commission in connection with the registration of the Stock under the Securities Act.
(j) Prior to each of the Closing Dates the Company will furnish to the Representatives, as soon as they have been prepared, copies of any unaudited interim consolidated financial statements of the Company for any periods subsequent to the periods covered by the financial statements appearing in the Registration Statement and the Prospectus.
(k) Prior to each of the Closing Dates, the Company will not issue any press release or other communication directly or indirectly or hold any press conference with respect to the Company, nor any its condition, financial or otherwise, or earnings, business affairs or business prospects (except for routine oral marketing communications in the ordinary course of its subsidiaries or other affiliates over business and consistent with the past practices of the Company and of which it exercises management or voting control, nor any person acting on their behalf willthe Representatives are notified), without the prior written consent of the Representatives, offerunless in the judgment of the Company and its counsel, sell, contract to sell or otherwise dispose of any securities that are substantially similar and after notification to the SecuritiesRepresentatives, such press release or communication is required by law.
(gl) In connection with the offering of the Stock, until XX Xxxxx shall have notified the Company of the completion of the resale of the Stock, the Company will not, and will cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, any Stock, or attempt to pay induce any person to purchase any Stock; and not to, and to cause its affiliated purchasers not to, make bids or purchase for the required Commission filing fees related purpose of creating actual, or apparent, active trading in or of raising the price of the Stock.
(m) The Company will not take any action prior to the Securities within Option Closing Date which would require the time period required by Rule 456(b)(1) under the Securities Act without regard Prospectus to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;be amended or supplemented pursuant to Section 4(b).
(hn) The Company shall at all times comply with all applicable provisions of the Xxxxxxxx-Xxxxx Act in effect from time to time.
(o) The Company will apply the net proceeds from the sale of the Securities Stock as described set forth in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and.
(ip) not In connection with the Directed Share Program, the Company will ensure that the Directed Shares will be restricted to takethe extent required by the NASD or the NASD rules from sale, directly transfer, assignment, pledge or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation hypothecation for a period of three (3) months following the date of the price effectiveness of the SecuritiesRegistration Statement. The Designated Underwriter will notify the Company as to which Participants will need to be so restricted. The Company will direct the transfer agent to place stop transfer restrictions upon such securities for such period of time.
(q) The Company will pay all fees and disbursements of counsel incurred by the Underwriters in connection with the Directed Share Program and stamp duties, similar taxes or duties or other taxes, if any, incurred by the Underwriters in connection with the Directed Share Program.
(r) The Company will comply with all applicable securities and other applicable securities and other laws, rules and regulations in each foreign jurisdiction in which the Directed Shares are offered in connection with the Directed Share Program.
Appears in 2 contracts
Samples: Underwriting Agreement (Skinmedica Inc), Underwriting Agreement (Skinmedica Inc)
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term SheetRule 462(b) Registration Statement, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectusif necessary, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters Representative and to file or cause to be filed such Rule 462(b) Registration Statement with the Commission on the date hereof; to prepare the Prospectus in a form approved by the Representative and to file such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities ActAct not later than 10:00 A.M., within New York City time, on the time period prescribed by such Ruleday following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement Statements or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as permitted herein; to advise the Underwriters Representative, promptly after it receives notice thereof, of the time when any such amendment to either Registration Statement has been filed or becomes effective or any supplement after such Closing Date to the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters Representative with copies thereof and thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such the Securities, and during such same period ; to advise the UnderwritersRepresentative, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such the Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statements or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to the Representative and to counsel for the Underwriters a signed copy of each of the Registration Statements as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Representative in New York City such number of the following documents as the Representative shall reasonably request: (i) conformed copies of the Registration Statements as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement, the Indenture, the Declaration, the Guarantee Agreement and the computation of the ratio of earnings to fixed charges,(ii) each Preliminary Prospectus, the Prospectus (not later than 10:00 A.M., New York City time, of the day following the execution and delivery of this Agreement) and any amended or supplemented Prospectus (not later than 10:00 A.M., New York City time, on the day following the date of such amendment or supplement) and (iii) any document incorporated by reference in the Prospectus (excluding exhibits thereto); and, if the delivery of a prospectus is required at any time after the Effective Time of the Primary Registration Statement in connection with the offering or sale of the Capital Securities (or any other securities relating thereto) and if at such time any event shall have occurred as a result of which the Prospectus as then amended or supplemented would include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary during such same period to amend or supplement the Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Representative and, upon its request, to file such document and to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Representative may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statements or the Prospectus or any supplement to the Prospectus that may, in the judgment of the Company, the Trust or the Representative, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission either of the Registration Statements or supplement to the Prospectus, any document incorporated by reference in the Prospectus or any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Representative and counsel for the Underwriters and obtain the consent of the Representative to the filing;
(f) As soon as practicable after the Effective Date of the Primary Registration Statement, to make generally available to the Company's security holders and to deliver to the Representative an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) For a period of five years following the Effective Date of the Primary Registration Statement, to furnish to the Representative copies of all materials furnished by the Company to its shareholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange or automatic quotation system upon which the Company's common stock may be listed or quoted pursuant to requirements of or agreements with such exchange or system or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder;
(h) Promptly from time to time to take such action as the Underwriters Representative may reasonably request to qualify the Securities for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Representative may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(ci) to furnish to For a period of 30 days from the Underwriters such number date of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may benot to, directly or file any document (in each caseindirectly, at the expense of the Company) so as to correct such statement or omission or to effect such complianceoffer for sale, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of (or enter into any transaction or device which is designed to, or could be expected to, result in the disposition or purchase by any person at any time in the future of)
(i) any trust certificate or other securities of the Trust other than the sale of the Common Securities to the Company and the sale of the Capital Securities to the Underwriters, as contemplated by the Prospectus, (ii) any securities that are substantially similar to the Securities., or (iii) any securities that are convertible into, or exchangeable or exercisable for, any of the foregoing, without, in any such case, the prior written consent of the Representative; and
(gj) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to To apply the net proceeds from the sale of the Securities as described set forth in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the SecuritiesProspectus.
Appears in 2 contracts
Samples: Underwriting Agreement (Washington Mutual Capital I), Underwriting Agreement (Washington Mutual Inc)
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Lead Managers and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofProspectus except as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersLead Managers, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Lead Managers with copies thereof; to advise the CommissionLead Managers, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to each of the Lead Managers and to counsel for the International Managers a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Lead Managers such number of the following documents as the Lead Managers shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement and the computation of per share earnings) and (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus; and, if the delivery of a prospectus is required by law at any time after the Effective Time in connection with the offering or sale of the Stock or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus in order to comply with the Securities Act, to notify the Lead Managers and, upon their request, to prepare and furnish without charge to each International Manager and to any dealer in securities as many copies as the Lead Managers may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the reasonable judgment of the Company or the Lead Managers, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus or any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Lead Managers and counsel for the International Managers and obtain the consent of the Lead Managers to the filing;
(f) As soon as practicable after the Effective Date, to make generally available to the Company's security holders and to deliver to the Lead Managers an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) For the period ending on the earlier of (i) five years following the Effective Date or (ii) such date as the Company is no longer required to file reports under the Exchange Act, to furnish to the Lead Managers copies of all materials furnished by the Company to its shareholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Common Stock may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder;
(h) Promptly from time to time to take such action as the Underwriters Lead Managers may reasonably request to qualify the Securities Stock for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Lead Managers may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesStock; provided that in connection therewith no event shall the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction corporation or to become otherwise subject itself to taxation in any jurisdiction in which it is not otherwise qualified or so subject;
(ci) to furnish to For a period of 180 days from the Underwriters such number date of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may benot to, directly or indirectly, offer for sale, sell or otherwise dispose of (or enter into any transaction or device which is designed to, or file could be expected to, result in the disposition by any document person at any time in the future of) any shares of Common Stock (in each caseother than the Stock and shares issued pursuant to employee benefit plans, at qualified stock option plans or other employee compensation plans existing on the expense of the Company) so as date hereof or pursuant to correct such statement currently outstanding options, warrants or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Actrights), an earnings statement or sell or grant options, rights or warrants with respect to any shares of Common Stock (other than the Company and its subsidiaries (which need not be audited) complying with Section 11(a) grant of the Securities Act (including, at the options pursuant to option of the Company, Rule 158 thereunder);
(f) between plans existing on the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf willhereof), without the prior written consent of Xxxxxx Brothers Inc.; and to cause each officer and director of the RepresentativesCompany to furnish to the Lead Managers, offerprior to the First Delivery Date, sella letter or letters, contract in form and substance satisfactory to counsel for the International Managers, pursuant to which each such person shall agree not to, directly or indirectly, offer for sale, sell or otherwise dispose of (or enter into any securities that are substantially similar to transaction or device which is designed to, or could be expected to, result in the Securities.
(gdisposition by any person at any time in the future of) to pay any shares of Common Stock for a period of 180 days from the required Commission filing fees related to date of the Securities within Prospectus, without the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Actprior written consent of Xxxxxx Brothers Inc.;
(hj) Prior to the Effective Date, to apply for the inclusion of the Stock on the Nasdaq National Market System and to use its best efforts to complete that listing, subject only to official notice of issuance and evidence of satisfactory distribution, prior to the First Delivery Date;
(k) Prior to filing with the Commission any reports on Form SR pursuant to Rule 463 of the Rules and Regulations, to furnish a copy thereof to the counsel for the International Managers and receive and consider its comments thereon, and to deliver promptly to the Representatives a signed copy of each report on Form SR filed by it with the Commission; and
(l) To apply the net proceeds from the sale of the Securities Stock being sold by the Company substantially as described set forth in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the SecuritiesProspectus.
Appears in 2 contracts
Samples: International Underwriting Agreement (Primus Telecommunications Group Inc), International Underwriting Agreement (Primus Telecommunications Group Inc)
Further Agreements of the Company. The Company agrees with the UnderwritersUnderwriter that:
(a) to The Company will prepare the Final Term SheetRule 462(b) Registration Statement, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectusif necessary, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters Underwriter and to file or cause to be filed such Rule 462(b) Registration Statement with the Commission on the date hereof; prepare the Prospectus in a form approved by the Underwriter and file such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by such Rulesecond business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement Statements or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Option Closing Date to which the Underwriter shall be disapproved reasonably object by notice to the Underwriters Company after a reasonable period to review; advise the Underwriter, promptly after reasonable it receives notice thereof; , of the time when any amendment to advise either Registration Statement has been filed or becomes effective or any supplement to the Underwriters promptly of Prospectus or any such amendment or supplement after such Closing Date amended Prospectus has been filed and to furnish the Underwriters Underwriter with copies thereof and to thereof; file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to the Stock; advise the UnderwritersUnderwriter, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statements or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such order;its withdrawal.
(b) promptly from If at any time prior to time to take such action as the Underwriters may reasonably request to qualify expiration of nine months after the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale effective date of the Securities; provided that in connection therewith the Company shall not be required to qualify as Initial Registration Statement when a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) Stock is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an any untrue statement of a material fact fact, or omit to state a any material fact necessary to make the statements therein, in the light of the circumstances then existingunder which they were made, not misleading, or if during such period it is necessary at any time to amend the Registration Statement Prospectus or amend or supplement to file under the Disclosure Package or Exchange Act any document incorporated by reference in the Prospectus or file any document to comply with the Securities Act or the Exchange Act, to the Company will promptly notify the Representatives and, subject Underwriter thereof and upon its request will prepare an amended or supplemented Prospectus or make an appropriate filing pursuant to Section 4(a) hereof, amend the Registration Statement, amend 13 or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense 14 of the Company) so as to Exchange Act which will correct such statement or omission or to effect such compliance, and to . The Company will furnish without charge to each the Underwriter and to any dealer in securities as many written and electronic copies of any such amendment or supplement as the Representatives Underwriter may from time to time reasonably request of such amended or supplemented Prospectus; and in case the Underwriter is required to deliver a prospectus relating to the Stock nine months or more after the effective date of the Initial Registration Statement, the Company upon the request of the Underwriter and at the expense of the Underwriter will prepare promptly an amended or supplemented Prospectus as may be necessary to permit compliance with the requirements of Section 10(a)(3) of the Securities Act.
(c) To furnish promptly to the Underwriter and to counsel for the Underwriter a signed copy of each of the Registration Statements as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(d) To deliver promptly to the Underwriter in New York City such number of the following documents as the Underwriter shall reasonably request;: (i) conformed copies of the Registration Statements as originally filed with the Commission and each amendment thereto (in each case excluding exhibits), (ii) each Preliminary Prospectus, (iii) the Prospectus (not later than 10:00 A.M., New York time, of the business day following the execution and delivery of this Agreement) and any amended or supplemented Prospectus (not later than 10:00 A.M., New York City, on the business day following the date of such amendment or supplement) and (iv) any document incorporated by reference in the Prospectus (excluding exhibits thereto).
(e) to To make generally available to security-holders of the Company its shareholders as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158 thereunder158);.
(f) between The Company will promptly take from time to time such actions as the Underwriter may reasonably request to qualify the Stock for offering and sale under the securities or Blue Sky laws of such jurisdictions as the Underwriter may designate and to continue such qualifications in effect for so long as required for the distribution of the Stock; provided that the Company and its subsidiaries shall not be obligated to qualify as foreign corporations in any jurisdiction in which they are not so qualified or to file a general consent to service of process in any jurisdiction.
(g) During the period of five years from the date hereof, the Company will deliver, upon request, to the Underwriter, (i) as soon as they are available, copies of all reports or other communications furnished to shareholders and (ii) as soon as they are available, copies of any reports and financial statements furnished or filed with the Commission pursuant to the Exchange Act or any national securities exchange or automatic quotation system on which the Stock is listed or quoted.
(h) The Company will not directly or indirectly offer, sell, assign, transfer, pledge, contract to sell, or otherwise dispose of any shares of Common Stock or securities convertible into or exercisable or exchangeable for Common Stock for a period of 90 days (the "Restricted Period") from the date of this Agreement the Prospectus without the prior written consent of Wachovia other than the Company's sale of the Stock hereunder, the issuance of restricted Common Stock or options to acquire shares of Common Stock pursuant to the Company's employee benefit plans, qualified stock option plans or other employee compensation plans existing on the date hereof and the issuance of shares of Common Stock pursuant to valid exercises of currently outstanding options, warrants or rights. Notwithstanding the foregoing, if (1) during the last eighteen (18) days of the Restricted Period the Company issues an earnings release or (2) prior to the expiration of the Restricted Period the Company announces that it will release earnings results during the 16-day period beginning on the last day of the Restricted Period, the restrictions imposed by this Section 4(h) shall continue to apply until the expiration of the 19-day period beginning on the issuance of the earnings release. The Company will cause each officer and director listed in Schedule A to furnish to the Underwriter, prior to the First Closing Date, neither a letter, substantially in the Companyform of Exhibit I hereto, nor pursuant to which each such person shall agree not to directly or indirectly offer, sell, assign, transfer, pledge, contract to sell, or otherwise dispose of any shares of its subsidiaries Common Stock or other affiliates over which it exercises management securities convertible into or voting control, nor any person acting on their behalf willexercisable or exchangeable for Common Stock for a period of 90 days from the date of the Prospectus, without the prior written consent of Wachovia and not to engage in any short selling of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the SecuritiesCommon Stock.
(gi) The Company will supply the Underwriter with copies of all correspondence to pay and from, and all documents issued to and by, the required Commission filing fees related to in connection with the Securities within registration of the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) Stock under the Securities Act;.
(hj) Prior to apply each of the Closing Dates the Company will furnish to the Underwriter, as soon as they have been prepared, copies of any unaudited interim consolidated financial statements of the Company for any periods subsequent to the periods covered by the financial statements appearing in the Registration Statement and the Prospectus.
(k) Prior to each of the Closing Dates, the Company will not issue any press release or other communication directly or indirectly or hold any press conference with respect to the Company, its condition, financial or otherwise, or earnings, business affairs or business prospects (except for routine oral marketing communications in the ordinary course of business and consistent with the past practices of the Company and of which the Underwriter is notified), without the prior written consent, such consent not to be unreasonably withheld or delayed, of the Underwriter, unless in the judgment of the Company and its counsel, and after notification to the Underwriter, such press release or communication is required by law.
(l) Without limiting the provisions of section 4(h), in connection with the offering of the Stock, until Wachovia shall have notified the Company of the completion of the resale of the Stock, the Company will not, and will cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, any Stock, or attempt to induce any person to purchase any Stock; and not to, and to cause its affiliated purchasers not to, make bids or purchase for the purpose of creating actual, or apparent, active trading in or of raising the price of the Stock.
(m) The Company will not take any action prior to the Option Closing Date which would require the Prospectus to be amended or supplemented pursuant to Section 4(b).
(n) The Company shall at all times comply with all applicable provisions of the Sarbanes-Oxley Act in effect from time to time.
(o) The Compxxx xxxx xxxxx the net proceeds from the sale of the Securities Stock as described set forth in the Disclosure Package and the Prospectus under the heading “"Use of Proceeds”; and".
(ip) not to takeThe Company shall at all times engage and maintain, directly or indirectlyat its expense, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of a registrar and transfer agent for the price of the SecuritiesStock.
Appears in 1 contract
Samples: Underwriting Agreement (Encysive Pharmaceuticals Inc)
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Underwriter and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than the Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofProspectus except as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersUnderwriter, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriter with copies thereof; to advise the CommissionUnderwriter, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Shares for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to the Underwriter and to counsel for the Underwriter a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Underwriter such number of the following documents as the Underwriter shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits) and (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus; and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Shares or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus in order to comply with the Securities Act, to notify the Underwriter and, upon its request, to prepare and furnish without charge to the Underwriter and to any dealer in securities as many copies as the Underwriter may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the reasonable judgment of the Company or the Underwriter, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus or any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Underwriter and counsel for the Underwriter and obtain the consent of the Underwriter to the filing, which consent shall not be unreasonably delayed or withheld;
(f) As soon as practicable after the Effective Date, to make generally available to the Company's security holders and to deliver to the Underwriter an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 1l(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) Upon the request of the Underwriter, for a period of two years following the Effective Date, to furnish to the Underwriter copies of all materials furnished by the Company to its shareholders generally and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Class A Stock may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder;
(h) Promptly from time to time to take such action as the Underwriters Underwriter may reasonably request to qualify the Securities Shares for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Underwriter may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesShares; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to submit to general taxation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectjurisdiction;
(ci) For a period of 90 days from the date of the Prospectus, not to, directly or indirectly, (1) offer for sale, sell, pledge or otherwise dispose of (or enter into any transaction or device which is designed to, or could be expected to, result in the disposition by any person at any time in the future of) any shares of Class A Stock or securities convertible into or exchangeable for Class A Stock (other than (w) the Shares, (x) shares of Class A Stock issued pursuant to employee benefit plans, stock option plans or other employee compensation plans existing on the date hereof or pursuant to currently outstanding options, warrants or rights, or (y) shares of Class A Stock or securities convertible into or exchangeable for Class A Stock issued in a private placement transaction (provided that such shares shall not be publicly resold during the period of 90 days after the date of the Prospectus; provided, further, that the holder of shares issued in such a transaction shall furnish to the Underwriter at or prior to the time of such issuance a letter in the form of Exhibit A hereto)) or substantially similar securities, or sell or grant options, rights or warrants with respect to any shares of Class A Stock or securities convertible into or exchangeable for Class A Stock or substantially similar securities (other than the grant of options pursuant to benefit plans existing on the date hereof), or (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the economic benefits or risks of ownership of such shares of Class A Stock, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of Class A Stock or other securities, in cash or otherwise, in each case without the prior written consent of the Underwriter; and to cause
(i) each executive officer and employee director of the Company, to furnish to the Underwriters such number Underwriter, prior to the first Delivery Date, a letter or letters, substantially in the form of conformed copies Exhibit A hereto and (ii) each non-employee director of the Registration StatementCompany, as originally filed and each amendment thereto (excluding exhibits other than this Agreement)to furnish to the Underwriter, any Preliminary Prospectusprior to the first Delivery Date, a letter or letters, substantially in the form of Exhibit B hereto. In addition, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed Selling Stockholder hereby agrees to be incorporated bound by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Actterms and restrictions applicable to the Company in this paragraph (i); provided, however, that the restrictions set forth in this paragraph (i) shall not apply with respect to the sale of any of the Shares by the Selling Stockholder to the Ono Group or any of its affiliates in compliance with Section 12 of this Agreement.
(j) To take such steps as shall be necessary to ensure that neither the Company nor any subsidiary shall become an "investment company" as defined in the Investment Company Act of 1940, as amended, and the rules and regulations of the Commission thereunder; and
(k) During the period of 90 days from the date of the Prospectus, to promptly notify obtain an executed letter in the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend form of Exhibit A or supplement the Disclosure Package or the ProspectusExhibit B hereto, as the case may be, or file any document (in from each case, at the expense of the Company) so as to correct new executive officer and director who has not previously executed such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securitiesa letter.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersseveral Underwriters that:
(a) to The Company will prepare the Final Term SheetRule 462(b) Registration Statement, substantially if necessary, in the a form of Schedule 3 hereto and approved by the Representatives and file such Rule 462(b) Registration Statement with the Final Term Sheet pursuant to Rule 433(d) of Commission on the Securities Act within the time period prescribed by such Ruledate hereof; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representatives and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by such Rulesecond business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement Statements or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Option Closing Date to which the Representatives shall be disapproved reasonably object by notice to the Underwriters Company after a reasonable period to review; advise the Representatives, promptly after reasonable it receives notice thereof; , of the time when any amendment to advise either Registration Statement has been filed or becomes effective or any supplement to the Underwriters promptly of Prospectus or any such amendment or supplement after such Closing Date amended Prospectus has been filed and to furnish the Underwriters Representatives with copies thereof and to thereof; file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to the Stock; advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statements or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such order;its withdrawal.
(b) promptly from If at any time prior to time to take such action as the Underwriters may reasonably request to qualify expiration of nine months after the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale effective date of the Securities; provided that in connection therewith the Company shall not be required to qualify as Initial Registration Statement when a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) Stock is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an any untrue statement of a material fact fact, or omit to state a any material fact necessary to make the statements therein, in the light of the circumstances then existingunder which they were made, not misleading, or if during such period it is necessary at any time to amend the Registration Statement Prospectus or amend or supplement to file under the Disclosure Package or Exchange Act any document incorporated by reference in the Prospectus or file any document to comply with the Securities Act or the Exchange Act, to the Company will promptly notify the Representatives and, subject thereof and upon their request will prepare an amended or supplemented Prospectus or make an appropriate filing pursuant to Section 4(a) hereof, amend the Registration Statement, amend 13 or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense 14 of the Company) so as to Exchange Act which will correct such statement or omission or to effect such compliance, and to . The Company will furnish without charge to each Underwriter and to any dealer in securities as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request of such amended or supplemented Prospectus; and in case any Underwriter is required to deliver a prospectus relating to the Stock nine months or more after the effective date of the Initial Registration Statement, the Company upon the request of the Representatives and at the expense of such Underwriter will prepare promptly an amended or supplemented Prospectus as may be necessary to permit compliance with the requirements of Section 10(a)(3) of the Securities Act.
(c) To furnish promptly to each of the Representatives and to counsel for the Underwriters a signed copy of each of the Registration Statements as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(d) To deliver promptly to the Representatives in New York City such number of the following documents as the Representatives shall reasonably request;: (i) conformed copies of the Registration Statements as originally filed with the Commission and each amendment thereto (in each case excluding exhibits), (ii) each Preliminary Prospectus, (iii) the Prospectus (not later than 10:00 A.M., New York City time, of the business day following the execution and delivery of this Agreement) and any amended or supplemented Prospectus (not later than 10:00 A.M., New York City time, on the business day following the date of such amendment or supplement) and (iv) any document incorporated by reference in the Prospectus (excluding exhibits thereto).
(e) to To make generally available to security-holders of the Company its shareholders as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158 thereunder158);.
(f) between The Company will promptly take from time to time such actions as the Representatives may reasonably request to qualify the Stock for offering and sale under the securities or Blue Sky laws of such jurisdictions as the Representatives may designate and to continue such qualifications in effect for so long as required for the distribution of the Stock; provided that the Company and its subsidiaries shall not be obligated to qualify as foreign corporations in any jurisdiction in which they are not so qualified or to file a general consent to service of process in any jurisdiction;
(g) During the period of five years from the date hereof, the Company will deliver to the Representatives and, upon request, to each of the other Underwriters, (i) as soon as they are available, copies of all reports or other communications furnished to shareholders and (ii) as soon as they are available, copies of any reports and financial statements furnished or filed with the Commission pursuant to the Exchange Act or any national securities exchange or automatic quotation system on which the Stock is listed or quoted. The XXXXX filing or furnishing of any such report, communication or financial statement on a timely basis with the Commission under Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act shall be deemed to satisfy the requirement to deliver such report, communication or financial statement to the Representatives or Underwriters.
(h) The Company will not directly or indirectly offer, sell, assign, transfer, pledge, contract to sell, or otherwise dispose of any shares of Common Stock or securities convertible into or exercisable or exchangeable for Common Stock for a period of 90 days from the date of this Agreement the Prospectus without the prior written consent of XX Xxxxx other than the Company's sale of the Stock hereunder and the issuance of shares pursuant to employee benefit plans, qualified stock option plans or other employee compensation plans existing on the date hereof or pursuant to currently outstanding options, warrants or rights; The Company will cause each officer, director and shareholder listed in Schedule B to furnish to the Representatives, prior to the First Closing Date, neither a letter, substantially in the form of Exhibit I hereto, pursuant to which each such person shall agree not to directly or indirectly offer, sell, assign, transfer, pledge, contract to sell, or otherwise dispose of any shares of Common Stock or securities convertible into or exercisable or exchangeable for Common Stock for a period of 90 days from the date of the Prospectus, without the prior written consent of XX Xxxxx.
(i) The Company will supply the Representatives with copies of all correspondence to and from, and all documents issued to and by, the Commission in connection with the registration of the Stock under the Securities Act.
(j) Prior to each of the Closing Dates the Company will furnish to the Representatives, as soon as they have been prepared, copies of any unaudited interim consolidated financial statements of the Company for any periods subsequent to the periods covered by the financial statements appearing in the Registration Statement and the Prospectus.
(k) Prior to each of the Closing Dates, the Company will not issue any press release or other communication directly or indirectly or hold any press conference with respect to the Company, nor any its condition, financial or otherwise, or earnings, business affairs or business prospects (except for routine oral marketing communications in the ordinary course of its subsidiaries or other affiliates over business and consistent with the past practices of the Company and of which it exercises management or voting control, nor any person acting on their behalf willthe Representatives are notified), without the prior written consent of the Representatives, offerunless in the judgment of the Company and its counsel, sell, contract to sell or otherwise dispose of any securities that are substantially similar and after notification to the SecuritiesRepresentatives, such press release or communication is required by law.
(gl) In connection with the offering of the Stock, until XX Xxxxx shall have notified the Company of the completion of the resale of the Stock, the Company will not, and will cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, any Common Stock, or attempt to pay induce any person to purchase any Common Stock; and not to, and to cause its affiliated purchasers not to, make bids or purchase for the required Commission filing fees related purpose of creating actual, or apparent, active trading in or of raising the price of the Common Stock.
(m) The Company will not take any action prior to the Securities within Option Closing Date which would require the time period required by Rule 456(b)(1) under the Securities Act without regard Prospectus to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;be amended or supplemented pursuant to Section 4(b).
(hn) The Company shall at all times comply with all applicable provisions of the Xxxxxxxx-Xxxxx Act in effect from time to time.
(o) The Company will apply the net proceeds from the sale of the Securities Stock as described set forth in the Disclosure Package and the Prospectus under the heading “"Use of Proceeds”; and"
(ip) not to takeThe Company shall at all times engage and maintain, directly or indirectlyat its expense, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of a registrar and transfer agent for the price of the SecuritiesStock.
Appears in 1 contract
Samples: Underwriting Agreement (Moog Inc)
Further Agreements of the Company. The Company agrees with the UnderwritersUnderwriter:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Underwriter containing information previously omitted at the time of effectiveness of the Registration Statement in reliance on Rules 430A, 430B and 430C of the Rules and Regulations and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under of the Securities ActRules and Regulations not later than the second (2nd) business day following the execution and delivery of this Agreement or, within if applicable, such earlier time as may be required by Rule 430A of the time period prescribed by such RuleRules and Regulations; to promptly notify the Underwriter of the Company’s intention to file or prepare any supplement or amendment to the Registration Statement or to the Prospectus in connection with this Offering and to make no further amendment or supplement to the Registration Statement, the General Disclosure Package or to the Prospectus to which the Underwriter shall reasonably object by notice to the Company after a reasonable period to review; to advise the Underwriter, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the Registration Statement General Disclosure Package or the Prospectus as or any amended or supplemented after Prospectus has been filed and to furnish the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice Underwriter copies thereof; to advise file promptly all material required to be filed by the Underwriters promptly Company with the Commission pursuant to Rule 433(d) or 163(b)(2), as the case may be, of any such amendment or supplement after such Closing Date the Rules and furnish the Underwriters with copies thereof and Regulations; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations) is required in connection with the offering Offering or sale of such Securities, and during such same period the Shares; to advise the UnderwritersUnderwriter, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or Preliminary Prospectus, any Issuer Free Writing Prospectus or the Prospectus, of the suspension of the qualification of such Securities the Shares for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus General Disclosure Package or any Issuer Free Writing the Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus, any Issuer Free Writing Prospectus or the Securities Prospectus or suspending any such qualification, and promptly to promptly use its best efforts to obtain the withdrawal of such order;.
(b) promptly from time to time to take such action as The Company represents and agrees that, it has not made, and unless it obtains the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale prior consent of the SecuritiesUnderwriter, it will not, make any offer relating to the Shares that would constitute a “free writing prospectus” as defined in Rule 405 of the Rules and Regulations (each, a “Permitted Free Writing Prospectus”); provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general prior written consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, Underwriter hereto shall be deemed to have been given in respect of the Issuer Free Writing Prospectus(es) included in Schedule A hereto. The Company represents that it has treated and agrees that it will treat each Permitted Free Writing Prospectus as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other an Issuer Free Writing Prospectus, comply with the Prospectus requirements of Rules 164 and all amendments 433 of the Rules and supplements Regulations applicable to any of such documents (Issuer Free Writing Prospectus, including the requirements relating to timely filing with the Commission, legending and record keeping and will not take any document filed under the Exchange Act and deemed to be incorporated by reference action that would result in the Registration Statement, any Preliminary Prospectus Underwriter or the Prospectus), in each case as soon as available Company being required to file with the Commission pursuant to Rule 433(d) of the Rules and in such quantities as Regulations a free writing prospectus prepared by or on behalf of the Representatives may from time Underwriter that it otherwise would not have been required to time reasonably request;file thereunder.
(dc) during the period in which the If at any time when a Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) Shares is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs or condition exists as a result of which the Disclosure Package or the Prospectus Prospectus, as then amended or supplemented supplemented, would include an any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading, or the Registration Statement, as then amended or supplemented, would include any untrue statement of a material fact or omit to state a material fact necessary to make the statements therein not misleading, or if for any other reason it is necessary at any time to amend or supplement any Registration Statement or the Prospectus to comply with the Securities Act or the Exchange Act, the Company will promptly notify the Underwriter, and upon the Underwriter’s request, the Company will promptly prepare and file with the Commission, at the Company’s expense, an amendment to the Registration Statement or an amendment or supplement to the Prospectus that corrects such statement or omission or effects such compliance and will deliver to the Underwriter, without charge, such number of copies thereof as the Underwriter may reasonably request. The Company consents to the use of the Prospectus or any amendment or supplement thereto by the Underwriter.
(d) If the General Disclosure Package is being used to solicit offers to buy the Shares at a time when the Prospectus is not yet available to prospective purchasers and any event shall occur as a result of which, in the judgment of the Company or in the reasonable opinion of the Underwriter, it becomes necessary to amend or supplement the General Disclosure Package in order to make the statements therein, in the light of the circumstances then existingunder which they were made, not misleading, or to make the statements therein not conflict with the information contained or incorporated by reference in the Registration Statement then on file and not superseded or modified, or if during such period it is necessary at any time to amend the Registration Statement or amend or supplement the General Disclosure Package to comply with any law, the Company promptly will either (i) prepare, file with the Commission (if required) and furnish to the Underwriter and any dealers an appropriate amendment or supplement to the General Disclosure Package or (ii) prepare and file with the Commission an appropriate filing under the Exchange Act which shall be incorporated by reference in the General Disclosure Package so that the General Disclosure Package as so amended or supplemented will not, in the light of the circumstances under which they were made, be misleading or conflict with the Registration Statement then on file, or so that the General Disclosure Package will comply with law.
(e) If at any time following issuance of an Issuer Free Writing Prospectus there occurred or occurs an event or development as a result of which such Issuer Free Writing Prospectus conflicted or will conflict with the information contained in the Registration Statement, Pricing Prospectus or Prospectus, including any document incorporated by reference therein and any prospectus supplement deemed to be a part thereof and not superseded or modified or included or would include an untrue statement of a material fact or omitted or would omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading, the Company has promptly notified or will promptly notify the Underwriter so that any use of the Issuer Free Writing Prospectus may cease until it is amended or supplemented and has promptly amended or will promptly amend or supplement, at its own expense, such Issuer Free Writing Prospectus to eliminate or correct such conflict, untrue statement or omission. The foregoing sentence does not apply to statements in or omissions from any Issuer Free Writing Prospectus in reliance upon, and in conformity with, written information furnished to the Company by the Underwriter specifically for inclusion therein, which information the parties hereto agree is limited to the Underwriter’s Information (as defined in Section 17).
(f) To the extent not available on the Commission’s XXXXX system or any successor system, to furnish promptly to the Underwriter and to counsel for the Underwriter a signed copy of the Registration Statement as originally filed with the Commission, and of each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(g) To the extent not available on the Commission’s XXXXX system or any successor system, to deliver promptly to the Underwriter in New York City such number of the following documents as the Underwriter shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission (in each case excluding exhibits), (ii) each Preliminary Prospectus (if any), (iii) any Issuer Free Writing Prospectus, (iv) the Prospectus (the delivery of the documents referred to in clauses (i), (ii), (iii) and (iv) of this paragraph (g) to be made not later than 10:00 A.M., New York time, on the business day following the execution and delivery of this Agreement), (v) conformed copies of any amendment to the Registration Statement (excluding exhibits), (vi) any amendment or supplement to the General Disclosure Package or the Prospectus or file any document to comply with (the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense delivery of the Companydocuments referred to in clauses (v) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(avi) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
paragraph (g) to pay be made not later than 10:00 A.M., New York City time, on the required Commission filing fees related to business day following the Securities within the time period required by Rule 456(b)(1date of such amendment or supplement) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by Commission’s close of business on the second business day following the execution and delivery of this Agreement and to notify the Underwriters promptly of such Rulefiling; to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Delivery Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters with copies thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the CommissionCommission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of the Stock; to advise the Underwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, of any notice from the Commission objecting to the use of the form of the Registration Statement or any post-effective amendment thereto or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or any Issuer Free Writing Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain its withdrawal; and, in the withdrawal event of the Company’s receipt of a notice objecting to the use of the form of the Registration Statement or any post-effective amendment thereto, the Company will promptly take such order;steps including, without limitation, amending the Registration Statement or filing a new registration statement, at its own expense, as may be necessary to permit offers and sales of the Stock by the Underwriters (and references herein to the “Registration Statement” shall include any such amendment or new registration statement).
(b) To furnish to the Underwriters and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(c) To deliver promptly to the Underwriters such number of the following documents as the Underwriters shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits), (ii) the Prospectus and any amended or supplemented Prospectus, (iii) each Issuer Free Writing Prospectus and (iv) any document incorporated by reference in any Preliminary Prospectus or the Prospectus (excluding exhibits thereto); and, if the delivery of a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations) is required at any time after the date hereof in connection with the offering or sale of the Stock or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus in order to comply with the Securities Act or the Exchange Act, to file such document, to notify the Underwriters and, upon their request, to prepare and furnish without charge to the Underwriters and to any dealer in securities as many copies as the Underwriters may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance.
(d) To file promptly with the Commission any amendment or supplement to the Registration Statement or the Prospectus that may, in the reasonable judgment of the Company or the Underwriters, be required by the Securities Act or requested by the Commission.
(e) Prior to filing with the Commission any amendment or supplement to the Registration Statement or the Prospectus, any document incorporated by reference in the Prospectus or any amendment to any document incorporated by reference in the Prospectus, to furnish a copy thereof to the Underwriters and counsel for the Underwriters and obtain the consent of the Underwriters to the filing (which consent may not be unreasonably withheld).
(f) To pay the applicable Commission filing fees relating to the Stock within the time required by Rule 456(b)(1) without regard to the proviso therein.
(g) Not to make any offer relating to the Stock that would constitute an Issuer Free Writing Prospectus without the prior written consent of the Underwriters.
(h) To file promptly all material required to be filed by the Company with the Commission pursuant to Rule 433(d) of the Rules and Regulations; to retain in accordance with the Rules and Regulations all Issuer Free Writing Prospectuses not required to be filed with the Commission pursuant to the Rules and Regulations; and if at any time after the date hereof any events shall have occurred as a result of which any Issuer Free Writing Prospectus, as then amended or supplemented, would conflict with the information in the Pricing Disclosure Package or the Prospectus or would include an untrue statement of a material fact or omit to state any material fact necessary to make the statements therein, in light of the circumstances under which they were made, not misleading, or, if for any other reason it shall be necessary to amend or supplement any Issuer Free Writing Prospectus, to notify the Underwriters and, upon its request, file such document and prepare and furnish without charge to the Underwriters as many copies as the Underwriters may from time to time reasonably request of an amended or supplemented Issuer Free Writing Prospectus that will correct such conflict, statement or omission or effect such compliance.
(i) As soon as practicable after the Effective Date and in any event not later than 16 months after the date hereof, to make generally available to the Company’s security holders and to deliver to the Underwriters an earning statement of the Company and its Subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations.
(j) Until completion of the distribution contemplated hereby, to furnish to the Underwriters copies of all materials furnished by the Company to its shareholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Common Stock may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder.
(k) Promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities Stock for offer offering and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesStock; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;jurisdiction.
(cl) For a period of 45 days from the date of the Prospectus, not to, directly or indirectly, (1) offer for sale, sell, pledge or otherwise dispose of (or enter into any transaction or device which is designed to, or could reasonably be expected to, result in the disposition by the Company at any time in the future of) any shares of Common Stock or securities convertible into or exchangeable for Common Stock (other than the Stock, shares of Common Stock or securities convertible into or exchangeable for Common Stock issued pursuant to furnish employee benefit plans, equity incentive plans or other employee compensation plans existing on the date hereof or pursuant to currently outstanding options, warrants or rights, shares of Common Stock issued pursuant to registration statements on Form S-4 in connection with acquisition transactions or earn-out obligations under acquisition transactions or shares of Common Stock issued upon conversion of the Company’s 1.875% convertible senior notes due 2013 or the 4.0% senior notes due 2014 or shares of Common Stock to be issued pursuant to the Underwriters such number Mobilitie Purchase Agreement) or substantially similar securities, or sell or grant options, rights or warrants with respect to any shares of conformed copies Common Stock or securities convertible into or exchangeable for Common Stock or substantially similar securities (other than the grant of options or restricted stock units pursuant to equity incentive plans existing on the date hereof), or (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the Registration Statement, as originally economic benefits or risks of ownership of such shares of Common Stock or (3) make any demand for or exercise any right to file or cause to be filed and each amendment thereto a registration statement with respect to the registration of any share of Common Stock or securities convertible into or exchangeable for Common Stock (excluding exhibits other than this a registration statement on Form S-4 or S-8 or pursuant to the registration rights set forth in the Mobilitie Purchase Agreement), whether any Preliminary Prospectussuch transaction described in clause (1), the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed 2) or (3) above is to be incorporated settled by reference delivery of Common Stock or other securities, in the Registration Statement, any Preliminary Prospectus cash or the Prospectus)otherwise, in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.Citigroup Global Markets Inc.
(gm) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to To apply the net proceeds from the sale of the Securities Stock as described set forth in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; andProspectus.
(in) not To take such steps as shall be necessary to ensure that neither the Company nor any Subsidiary shall become an “investment company” as defined in the 1940 Act.
(o) Not to take, directly or indirectly, any action designed to cause or that could result in, or which constitutes or which might reasonably be expected to cause or result in any constitute, the stabilization or manipulation of the price of the Securitiesshares of Common Stock (including the Stock) to facilitate the sale or resale of the Stock.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwriters:agrees: ---------------------------------
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form reasonably approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than the Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act; after the date of the applicable Terms Agreement, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the applicable Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters with copies thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company or with the CommissionCommission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of the Offered Securities; to advise the Underwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such the Offered Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish, promptly upon request by the representatives of the Underwriters named in any applicable Terms Agreement (the "Representatives" and --------------- if no Representatives are so named, then any references herein to the Representatives shall be deemed to refer to the Underwriters), to the Underwriters and to counsel for the Underwriters a copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Underwriters such number of the following documents as the Representatives shall reasonably request:
(i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement and the Indenture and such other exhibits as the Underwriters may reasonably request),
(ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus; and
(iii) any document incorporated or deemed incorporated by reference in the Prospectus (excluding exhibits thereto); and, if the delivery of a prospectus is required at any time after the Effective Date in connection with the offering or sale of the Offered Securities and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus (or to file under the Exchange Act any document incorporated by reference in the Prospectus) in order to comply with the Securities Act or the Exchange Act, to notify the Underwriters and, upon the reasonable request of the Representatives, to file such document and to prepare and furnish without charge to each Underwriter as many copies as the Representatives may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the judgment of the Company and the Underwriters, be required by the Securities Act, or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus, and promptly after filing with the Commission (or, if between the signing of any applicable Terms Agreement and the Closing Date thereunder, prior to filing with the Commission) any document incorporated or deemed incorporated by reference in the Prospectus or any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Underwriters and counsel for the Underwriters;
(f) As soon as practicable after the date of this Agreement and every Terms Agreement relating to designated Offered Securities, to make generally available to its security holders an earnings statement of the Company and its Subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) For a period of five years following the applicable Closing Date, to furnish to the Underwriters, copies of all materials furnished by the Company to all of its shareholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Common Stock and any other Offered Securities may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rules or regulations of the Commission thereunder;
(h) Promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Offered Securities for offer offering and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the Offered Securities; provided provided, however, that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which where it is not otherwise subjectso qualified;
(ci) to furnish to For a period of 90 days after the Underwriters such number date of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to designated Common Stock, or Offered Securities convertible into Common Stock but only if specified in the Securities applicable Terms Agreement (unless a different time period is set forth in the applicable Terms Agreement), the Company will not, directly or indirectly, offer for sale, sell or otherwise dispose of (or enter into any transaction or device which is designed to, or could be expected to, result in lieu thereofthe disposition by any person at any time in the future of) any shares of Common Stock or any security convertible or exchangeable for Common Stock (other than shares issuable pursuant to employee benefit plans, stock option plans or other compensation plans existing on the notice referred date thereof or pursuant to in Rule 173(a) then currently outstanding options, warrants or rights and other than the issuance of shares of Common Stock as consideration for the acquisition of one or more businesses provided that such Common Stock may not be resold prior to the expiration of the Securities Act90-day period referenced above), or sell or grant options, rights or warrants with respect to any shares of Common Stock (other than the grant of options pursuant to option plans existing on the date thereof) is required to be delivered under the Securities Act, to comply otherwise than in accordance with all requirements imposed upon it by the Securities Act, this Agreement or as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings contemplated in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(hj) In the event designated Offered Securities are to be listed on a securities exchange, to apply for any listing of such designated Offered Securities on such securities exchange and to use its best efforts to complete and maintain that listing, subject only to official notice of issuance, prior to the relevant Closing Date, or if not so listed by such date, as soon as practical thereafter. In the case of Offered Securities that are Debt Securities to be listed on a foreign securities exchange, if the Company is not able to effect or maintain such listing, it will use its best efforts to obtain and maintain the quotation for, or listing of, such Debt Securities on such other stock exchange or exchanges as the Company may, with the approval of the Representatives, determine;
(k) To apply the net proceeds from the sale of the Offered Securities being sold by the Company as described set forth in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”Prospectus; and
(il) If the Offered Securities include Debt Securities, not to takeoffer or sell such Debt Securities in bearer form during the restricted period to a person who is within the United States or its possessions or to a United States person (each as defined in the U.S. Internal Revenue Code and regulations thereunder, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of including the price of the SecuritiesD Rules).
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus Supplement in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, Prospectus Supplement pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by such RuleCommission's close of business on the second business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofProspectus except as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters with copies thereof; to advise the CommissionUnderwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Shares for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus Supplement or the Securities Prospectus Supplement or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to the Underwriters and to counsel for the Underwriters, upon request, a conformed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Underwriters such number of the following documents as the Underwriters shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case including consents and exhibits other than this Agreement and the computation of per share earnings) and (ii) each Preliminary Prospectus Supplement, the Prospectus Supplement and any amended or supplemented Prospectus Supplement; and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Shares and if at such time any events shall have occurred as a result of which the Preliminary Prospectus Supplement or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Preliminary Prospectus Supplement or the Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Preliminary Prospectus Supplement or the Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Underwriters and, upon its request, to file such document and to prepare and furnish without charge to the Underwriters and to any dealer in securities as many copies as the Underwriters may from time to time reasonably request of an amended or supplemented Preliminary Prospectus Supplement or the Prospectus which will correct such statement or omission or effect such compliance. The aforementioned documents furnished to the Underwriters will be identical to the electronically transmitted copies thereof filed with the Commission pursuant to XXXXX, except to the extent permitted by Regulation S-T;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus Supplement or any supplement to the Prospectus Supplement that may, in the judgment of the Underwriters or counsel to the Underwriters, be required by the Securities Act or the Exchange Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus pursuant to Rule 424 of the Securities Act Regulations, to furnish a copy thereof to the Underwriters and counsel for the Underwriters and obtain the consent of the Underwriters to the filing;
(f) The Company will make generally available to its security holders as soon as practicable but no later than 60 days after the close of the period covered thereby an earnings statement (in form complying with the provisions of Section 11(a) of the Securities Act and Rule 158 of the Securities Act Regulations), which need not be certified by independent certified public accountants unless required by the Securities Act or the Securities Act Regulations, covering a twelve-month period commencing after the "effective date" (as defined in said Rule 158) of the Registration Statement;
(g) The Company will furnish to the Underwriters, from time to time during the period when the Prospectus is required to be delivered under the Securities Act or the Exchange Act such number of copies of the Prospectus (as amended or supplemented) as the Underwriters may reasonably request for the purposes contemplated by the Securities Act or the Exchange Act or the respective applicable rules and regulations of the Commission thereunder;
(h) For a period of five years following the Effective Date, to furnish to the Underwriters, upon request, copies of all materials furnished by the Company to its stockholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Shares may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder;
(i) Promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities Shares for offer offering and sale under the securities securities, real estate syndication or Blue Sky laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the Securities; provided that in connection therewith Shares by the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectUnderwriters;
(cj) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between From the date of this Agreement through, and including, the 30th day after the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, not to offer, sell, contract to sell or otherwise dispose of of, except as provided hereunder, any securities of the Company that are substantially similar to the Securities.
Shares, including but not limited to any securities that are convertible into or exchangeable for, or that represent the right to receive, the Common Stock or any such substantially similar securities without the prior written consent of Citigroup Global Markets Inc., other than (gi) the Shares, (ii) shares of Common Stock issued pursuant to pay employee benefit plans, qualified stock option plans, dividend reinvestment plans or other employee compensation plans existing on the required Commission filing fees related date hereof or (iii) sales or offers in private placement transactions to, or in direct public placements to, sellers relating to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard acquisition of real property or interests therein, including mortgage or leasehold interests, or in conjunction with any joint venture transaction, made to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Actany seller of such real property or such joint venture interest;
(hk) To use its best efforts to apply effect and maintain the net proceeds from the sale listing of the Securities Shares on the NYSE;
(l) To take such steps as described in shall be necessary to ensure that neither the Disclosure Package Company nor the Operating Partnership shall become an "investment company" within the meaning of such term under the Investment Company Act of 1940, as amended, and the Prospectus rules and regulations of the Commission thereunder;
(m) The Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the heading “Use of Proceeds”Code; and
(in) not Except for the authorization of actions permitted to be taken by the Underwriters as contemplated herein or in the Prospectus, neither the Company nor the Operating Partnership will (a) take, directly or indirectly, any action designed to cause or to result in, or that could might reasonably be expected to cause or result in any constitute, the stabilization or manipulation of the price of any security of the SecuritiesCompany to facilitate the sale or resale of the Shares, and (b) until the Closing Date, (i) sell, bid for or purchase the Securities or pay any person any compensation for soliciting purchases of the Securities or (ii) pay or agree to pay to any person any compensation for soliciting another to purchase any other securities of the Company.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Lead Underwriters which approval shall not be unreasonably withheld or delayed, and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing any Delivery Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters with copies thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the CommissionCommission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of the Securities; to advise the Underwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such the Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its reasonable best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly from time to time to take such action as the Underwriters may reasonably request and to qualify the Securities counsel for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale a signed or facsimile signed copy of the Securities; provided that in connection therewith Registration Statement as originally filed with the Company shall not be required to qualify as a foreign corporationCommission, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectand each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) to furnish To deliver promptly to the Underwriters such number of the following documents as the Underwriters shall reasonably request: (i) conformed copies of the Registration Statement, Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement), any exhibits) and (ii) each Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any amended or supplemented Prospectus, and, if the delivery of such documents (including a prospectus is required at any document filed under time after the Exchange Act and deemed to be incorporated by reference Effective Time in connection with the Registration Statement, any Preliminary Prospectus offering or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) sale of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from or any other securities relating thereto and if at such time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs events shall have occurred as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a any material fact necessary in order to make the statements therein, in the light of the circumstances then existingunder which they were made when such Prospectus is delivered, not misleading, or or, if during such period for any other reason it is shall be necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document in order to comply with the Securities Act, to promptly notify the Representatives Underwriters and, subject upon their request, to Section 4(a) hereof, amend prepare and furnish without charge to the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, Underwriters and to any dealer in securities as many copies as the case Underwriters may be, from time to time reasonably request of an amended or file any document (in each case, at the expense of the Company) so as to supplemented Prospectus which will correct such statement or omission or to effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, and to furnish without charge to each Underwriter as many written and electronic copies in the reasonable judgment of any such amendment the Company or supplement as the Representatives may from time to time reasonably requestLead Underwriters, be required by the Securities Act or is requested by the Commission;
(e) For so long as the delivery of a prospectus is required in connection with the initial offering or sale of the Securities, prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus or any Prospectus and any document incorporated by reference in the Prospectus pursuant to Rule 424 of the Securities Act, to furnish a copy thereof to the Underwriters and counsel for the Underwriters and obtain the consent of the Lead Underwriters. to the filing;
(f) As soon as practicable after the Effective Date, to make generally available to security-the Company's security holders of and to deliver to the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), Underwriters an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunderof the Securities Act);
(fg) between Promptly from time to time, to take such action as the date Lead Underwriters may reasonably request to qualify the Securities for offering and sale under the securities laws of this Agreement such jurisdictions in the United States and Canada as the Lead Underwriters may request and in such other jurisdictions as the Company and the Closing DateLead Underwriters may mutually agree, neither and to comply with such laws so as to permit the Company, nor any continuance of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without sales and dealings therein in such jurisdictions for as long as may be necessary to complete the prior written consent distribution of the RepresentativesSecurities; provided that, offerin connection therewith, sell, contract the Company shall not be required to sell qualify as a foreign corporation or otherwise dispose to file a general consent to service of process in any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Actjurisdiction;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not Not to take, directly or indirectly, any action which is designed to stabilize or that could manipulate, or which constitutes or which might reasonably be expected to cause or result in any stabilization or manipulation manipulation, of the price of any security of the SecuritiesCompany in connection with the initial offering of the Securities (except after consultation with the Underwriters and as may be permitted by under federal securities laws);
(i) To use its best efforts to cause the Securities to be accepted for clearance and settlement through the facilities of DTC;
(j) To execute and deliver the Indenture in form and substance reasonably satisfactory to the Lead Underwriters;
(k) To apply the net proceeds from the issuance of the Securities and the contemplated sale of the Units as set forth under "Use of Proceeds" in the Prospectus;
(l) To take such steps as shall be necessary to ensure that the Company or any of its subsidiaries shall not become an "investment company" as defined, and subject to regulation, under the Investment Company Act;
(m) For a period of 60 days after the date of the Prospectus not to (i) offer, pledge, announce the intention to sell, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase or otherwise transfer or dispose of, directly or indirectly, any debt securities of the Company with a maturity of three years or longer or any other securities that are substantially similar to the Securities or any securities convertible into or exercisable or exchangeable for such debt securities of the Company (ii) enter into any swap or other agreement that transfers, in whole or in part, any of the economic consequences of ownership of any of the Securities or such other securities, whether any such transaction described in clause (i) or (ii) above is to be settled by delivery of such debt securities of the Company or such other securities, in cash or otherwise without the prior written consent of the Lead Underwriters, which shall not be unreasonably withheld or delayed, except that the foregoing restrictions shall not apply to (i) the issuance of the Securities to be sold hereunder and (ii) the issuance of the 5.75% Junior Subordinated Deferrable Interest Debentures due 2051 in connection with the issuance of the Units.
Appears in 1 contract
Samples: Underwriting Agreement (Reinsurance Group of America Inc)
Further Agreements of the Company. The Company agrees with the Underwritersfurther agrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Underwriter and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than the Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, Underwriter promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriter with copies thereof; to file on a timely basis all reports and any definitive proxy or information statements required to be filed with the CommissionCommission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of the Shares; to advise the Underwriter, promptly after receiving notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Prospectus Supplement or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Shares for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Prospectus Supplement or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such order;its withdrawal.
(b) To furnish promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request Underwriter, and to comply with such laws so as to permit counsel for the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale Underwriter, a signed copy of the Securities; provided that in connection therewith Registration Statement as originally filed with the Company shall not be required to qualify as a foreign corporationCommission, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(c) to furnish To deliver promptly to the Underwriters Underwriter such number of the following documents as the Underwriter shall request: (i) conformed copies of the Registration Statement, Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus(ii) each Prospectus Supplement, the Prospectus and all amendments any amended or supplemented Prospectus and supplements to any of such documents (including iii) any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration StatementProspectus (excluding exhibits thereto); and, if the delivery of a prospectus is required at any Preliminary Prospectus time after the Effective Time in connection with the offering or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) sale of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from Shares and if at such time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs shall have occurred as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a any material fact necessary in order to make the statements therein, in the light of the circumstances then existingunder which they were made when such Prospectus is delivered, not misleading, or or, if for any other reason it shall be necessary, in the reasonable opinion of counsel to the Underwriter during such period it is necessary same period, to amend the Registration Statement or amend or supplement the Disclosure Package Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus or file any document in order to comply with the Securities Act or the Exchange Act, to promptly notify the Representatives Underwriter and, subject upon their request, to Section 4(a) hereof, amend file such document and to prepare and furnish without charge to the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, Underwriter and to any dealer in securities as many copies as the case Underwriter may be, from time to time reasonably request of an amended or file any document (in each case, at the expense of the Company) so as to supplemented Prospectus which will correct such statement or omission or to effect such compliance, and in case the Underwriter is required to furnish without charge deliver a Prospectus in connection with sales of any of the Shares at any time nine months or more after the Effective Time, upon the request of the Underwriter and at its own expense, to each prepare and deliver to the Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives Underwriter may from time reasonably request of an amended or supplemented Prospectus complying with Section 10(a)(3) of the Securities Act.
(d) To file promptly with the Commission any amendment to time reasonably request;the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the reasonable judgment of the Company or the Underwriter, be required by the Securities Act or requested by the Commission.
(e) Prior to make generally available filing with the Commission (i) any amendment to security-holders the Registration Statement or supplement to the Prospectus or (ii) any Prospectus pursuant to Rule 424 of the Company as Rules and Regulations, to furnish a copy thereof to the Underwriter and counsel for the Underwriter and obtain the consent of the Underwriter to the filing, which consent will not be unreasonably withheld.
(f) As soon as practicablepracticable after the Effective Date, but in any event not later than eighteen months 45 days after the effective end of the Company's fiscal quarter in which the first anniversary date of the Registration Statement (as defined in Rule 158(c) under Effective Date occurs, to make generally available to the Securities Act), Company's security holders and to deliver to the Underwriter an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158 thereunder158);.
(fg) between For a period of five years following the date of this Agreement and the Closing Effective Date, neither to furnish to the CompanyUnderwriter copies of all reports and financial statements furnished by the Company to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder.
(h) Prior to any public offering of the Shares, nor the Company will cooperate with the Underwriter and counsel to the Underwriter in connection with the registration or qualification of the Shares for offer and sale under the securities or Blue Sky laws of such jurisdictions as the Underwriter may request including, without limitation, other jurisdictions outside of the United States; provided, however, that in no event shall the Company be obligated to qualify to do business in any jurisdiction where it is not now so qualified or to take any action which would subject it to general service of process in any jurisdiction where it is not now so subject.
(i) The Company will not, and will cause each of its subsidiaries or other affiliates over which it exercises management or voting controlexecutive officers to enter into agreements with the Underwriter in the form set forth on Schedule IV to the effect that they will not, nor any person acting on their behalf willfor a period of 90 days after ----------- the commencement of the public offering of the Shares, without the prior written consent of the Representatives, offerUnderwriter, sell, contract to sell or otherwise dispose of any securities that are substantially similar Common Shares or rights to acquire Common Shares (other than in the case of the Company pursuant to employee and director option and restricted share plans, the Company's dividend reinvestment plan, the acquisition of units of Colonial Realty Limited Partnership presented for redemption, and in exchange for property acquired from third-parties and pursuant to the Securitiesexercise by the Underwriter of the Option, or in the case of an individual, the pledge of Common Shares as collateral for any loan from an institutional lender, provided the loan-to-value ratio does not exceed 50%).
(gj) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to To apply the net proceeds from the offering and sale of the Securities as described Shares to be sold by the Company in the Disclosure Package and manner set forth in the Prospectus under the heading “caption "Use of Proceeds”; and."
(ik) To take such steps as shall be necessary to ensure that, after giving effect to the issuance of the Shares and the application of the proceeds therefrom, neither the Company nor or any of its subsidiaries shall become an "investment company" or an entity "controlled" by an "investment company" as such terms are defined under the Investment Company Act of 1940 and the rules and regulations of the Commission thereunder.
(l) The Company will not to takeat any time, directly or indirectly, take any action designed to intended, or that could which might reasonably be expected expected, to cause or result in any in, or which will constitute, stabilization or manipulation of the price of the SecuritiesCommon Shares to facilitate the sale or resale of any of the Shares.
(m) The Company will continue to elect to qualify as a "real estate investment trust" under the Code, and will use its best efforts to continue to meet the requirements to qualify as a "real estate investment trust."
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term SheetRule 462(b) Registration Statement, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectusif necessary, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters Representatives and to file or cause to be filed such Rule 462(b) Registration Statement with the Commission on the date hereof; to prepare the Prospectus in a form approved by the Representatives and to file such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement Statements or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofProspectus except as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement Statements has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Representatives with copies thereof; to advise the CommissionRepresentatives, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statements or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to each of the Representatives and to counsel for the Underwriters a signed copy of the Registration Statements as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Representatives such number of the following documents as the Representatives shall reasonably request: (i) conformed copies of the Registration Statements as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement and the computation of per share earnings) and (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus; and, if the delivery of a prospectus is required at any time after the Effective Time of the Primary Registration Statement in connection with the offering or sale of the Stock or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus in order to comply with the Securities Act, to notify the Representatives and, upon their request, to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Representatives may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance.
(d) To file promptly with the Commission any amendment to the Registration Statements or the Prospectus or any supplement to the Prospectus that may, in the judgment of the Company or the Representatives, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statements or supplement to the Prospectus or any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Representatives and counsel for the Underwriters and obtain the consent of the Representatives to the filing;
(f) As soon as practicable after the Effective Date of the Primary Registration Statement (but in no event later than 18 months after the Effective Date), to make generally available to the Company's security holders and to deliver to the Representatives an earnings statement of the Company (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) For a period of five years following the Effective Date of the Primary Registration Statement, to furnish to the Representatives copies of all materials furnished by the Company to its shareholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Common Stock may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder;
(h) Promptly from time to time to take such action as the Underwriters Representatives may reasonably request to qualify the Securities Stock for offer offering and sale under the securities laws of such jurisdictions (domestic and foreign) as the Underwriters Representatives may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesStock; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectjurisdiction;
(ci) For a period of 180 days from the date of the Prospectus, not to, directly or indirectly, (1) offer for sale, sell, pledge or otherwise dispose of (or enter into any transaction or device which is designed to, or could be expected to, result in the disposition by any person at any time in the future of) any shares of Common Stock or securities convertible into or exchangeable for Common Stock (other than the Stock and shares issued pursuant to employee benefit plans, qualified stock option plans or other employee compensation plans existing on the date hereof or pursuant to currently outstanding options, warrants or rights), or sell or grant options, rights or warrants with respect to any shares of Common Stock or securities convertible into or exchangeable for Common Stock (other than the grant of options pursuant to option plans existing on the date hereof), or (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the economic benefits or risks of ownership of such shares of Common Stock, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of Common Stock or other securities, in cash or otherwise, in each case without the prior written consent of Xxxxxx Brothers Inc.; and to cause each officer and director of the Company to furnish to the Underwriters Representatives, prior to the First Delivery Date, a letter or letters, in form and substance satisfactory to counsel for the Underwriters, pursuant to which each such number person shall agree not to, directly or indirectly, (1) offer for sale, sell, pledge or otherwise dispose of conformed copies (or enter into any transaction or device which is designed to, or could be expected to, result in the disposition by any person at any time in the future of) any shares of Common Stock or securities convertible into or exchangeable for Common Stock or (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any economic benefits or risks of ownership of such documents shares of Common Stock, whether any such transaction described in clause (including any document filed under the Exchange Act and deemed 1) or (2) above is to be incorporated settled by reference delivery of Common Stock or other securities, in the Registration Statement, any Preliminary Prospectus cash or the Prospectus)otherwise, in each case as soon as available and in such quantities as for a period of 180 days from the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf willProspectus, without the prior written consent of Xxxxxx Brothers Inc., provided, however, that this Section 5(i) shall not apply to shares of Common Stock or securities convertible into or exchangeable for Common Stock issued by the RepresentativesCompany pursuant to one or more mergers, offer, sell, contract to sell acquisitions or otherwise dispose similar transactions as long as the aggregate number of any securities that are shares issued in such transactions does not exceed ten percent (10%) of the total shares outstanding immediately following the closing of the sale of the 6,000,000 shares hereunder; and as long as all recipients of such shares shall have signed a lock-up agreement substantially similar to the Securitiesagreement being entered into by the officers and directors of the Company pursuant to this Section 5(i).
(gj) to pay the required Commission filing fees related Prior to the Securities within Effective Date of the time period required by Rule 456(b)(1) under Primary Registration Statement, to apply for the Securities Act without regard inclusion of the Stock on the National Market System and to use its best efforts to complete that listing, subject only to official notice of issuance and evidence of satisfactory distribution, prior to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities ActFirst Delivery Date;
(hk) to To apply the net proceeds from the sale of the Securities Stock being sold by the Company as described set forth in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”Prospectus; and
(il) To take such steps as shall be necessary to ensure that the Company shall not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation become an "investment company" within the meaning of such term under the Investment Company Act of 1940 and the rules and regulations of the price of the SecuritiesCommission thereunder.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representatives and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities ActAct not later than 10:00 A.M., within New York City time, on the time period prescribed by such Ruleday following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofProspectus except as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Representatives with copies thereof; to advise the CommissionRepresentatives, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Series B Preferred Stock for offering or sale in any jurisdiction, of 7 the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to the Representatives and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To make prompt delivery to the Representatives in New York City (which delivery if requested by the Representatives shall be in electronic form in addition to hard copy) such number of the following documents as the Underwriter shall request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement and the computation of per share earnings) and (ii) each Preliminary Prospectus, the Prospectus (not later than 10:00 A.M., New York City time, of the day following the execution and delivery of this Agreement) and any amended or supplemented Prospectus (not later than 10:00 A.M., New York City time, on the day following the date of such amendment or supplement); and, if the delivery of a prospectus is required at any time after the Effective Time of the Registration Statement in connection with the offering or sale of the Series B Preferred Stock and if at such time any event shall have occurred as a result of which the Prospectus as then amended or supplemented would include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus in order to comply with the Securities Act, to notify the Representatives and, upon its request, to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Representatives may from time to time request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the judgment of the Company or the Underwriter, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission (i) any amendment to either of the Registration Statement or supplement to the Prospectus or (ii) any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Representatives and counsel for the Underwriters and obtain the consent of the Representatives to any such filing; 8
(f) As soon as practicable after the Effective Date of the Registration Statement, to make generally available to the Company's security holders and to deliver to the Representatives an earnings statement of the Company (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) For a period of three years following the Effective Date of the Registration Statement, to furnish to the Representatives (i) copies of all materials furnished by the Company to its shareholders and all public reports and all reports and financial statements furnished by the Company to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder, and (ii) such other information as the Underwriters may reasonably request regarding the Company;
(h) Promptly from time to time to take such action as the Underwriters Representatives may reasonably request to qualify the Securities Series B Preferred Stock for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Representatives may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesSeries B Preferred Stock; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to corporation or file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectjurisdiction;
(ci) for a period of 180 days from the date of the Prospectus, not to offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, or otherwise transfer or dispose of, directly or indirectly, any shares of Common Stock, Series A Convertible Preferred Stock, par value $0.001 per share ("Series A Preferred Stock"), or Series B Preferred Stock or any securities convertible into or exercisable or exchangeable for Series B Preferred Stock, Series A Preferred Stock or Common Stock (other than shares issued pursuant to stock option plans and warrants existing on the date hereof, as described in the Prospectus) without the prior written consent of the Representative; and to cause each officer and director and five percent (5 %) stockholder of the Company to furnish to the Underwriters Representatives, prior to the Delivery Date, a letter or letters, in form and substance satisfactory to counsel for the Underwriters, pursuant to which each such number person shall agree not to (x) offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, or otherwise transfer or dispose of, directly or indirectly, any shares of conformed copies of Series B Preferred Stock, Series A Convertible Preferred Stock, or Common Stock or any securities convertible into or exercisable or exchangeable for Series B Preferred Stock, Series A Preferred Stock or Common Stock (other than shares issued pursuant to stock option plans and warrants existing on the Registration Statementdate hereof, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary described in the Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and ) which may be deemed to be incorporated beneficially owned by reference such persons in accordance with the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available rules and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) regulations of the Securities Actand Exchange Commission) or (y) enter into any swap or other arrangement that transfers all or a portion of the economic consequences associated with the ownership of any Series B Preferred Stock, Series A Preferred Stock or Common Stock (regardless of whether any of the transactions described in clause (x) or (y) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it settled by the Securities Actdelivery of Common Stock, as from time to time in forceSeries A Preferred Stock or Series B Preferred 9 Stock, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements thereinother securities, in cash or otherwise), for a period of 30 days following the light expiration or early termination of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement Restricted Period (as defined in Rule 158(c) under the Securities ActCertificate of Designation for the Stock), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offerprovided that this Section 5(i) shall not apply to recipients of: (i) gifts, sell(ii) transfers or dispositions to a spouse, contract to sell direct lineal relative (including adopted descendants) or otherwise dispose the spouse of a direct lineal relative, and (iii) transfers or dispositions by will or by the laws of decent and distribution (collectively, the "Permitted Transferees") of shares of Series B Preferred Stock, Series A Convertible Preferred Stock, or Common Stock or any securities that are substantially similar convertible into or exercisable or exchangeable for Series B Preferred Stock, Series A Preferred Stock or Common Stock, if the Permitted Transferees each shall have furnished to the Securities.
Underwriter a letter, in form and substance satisfactory to counsel for the Underwriters, whereby the Permitted Transferee agrees to comply with the terms and provisions of (g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(bx) and 457(r(y) under the Securities Actabove;
(hj) to To apply the net proceeds from the sale of the Securities Stock being sold by the Company as described set forth in the Disclosure Package and Prospectus;
(k) To take such steps as shall be necessary to ensure that the Prospectus Company thereof shall not become an "investment company" or an entity "controlled" by an "investment company" within the meaning of such terms under the heading “Use of Proceeds”1940 Act; and
(il) not Not to take, directly or indirectly, any action designed waive its right to or that could reasonably be expected terminate the Restricted Period pursuant to cause or result in any stabilization or manipulation clause (iv) of the price definition thereof in the Certificate of Designation for the Series B Preferred Stock without the consent of the SecuritiesUnderwriter.
Appears in 1 contract
Samples: Underwriting Agreement (Sandbox Entertainment Corp)
Further Agreements of the Company. The Company agrees with the UnderwritersPlacement Agents:
(a) to prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d(i) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, pursuant to Rule 424(b) under the Securities Act, within the time period prescribed by such Rule; to To make no further amendment or any supplement prior to the Closing Date to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date Final Prospectus, which shall be reasonably disapproved by the Underwriters Placement Agents in good faith promptly after reasonable notice thereof; (ii) for so long as the delivery of a prospectus is required in connection with the offering or sale of the Stock, to advise the Underwriters Placement Agents promptly after it receives notice thereof, of the time when any such amendment to the Registration Statement has been filed or becomes effective or any supplement after such Closing Date to the Final Prospectus or any amended Final Prospectus has been filed and to furnish the Underwriters Placement Agents with copies thereof and thereof; (iii) to use its best commercially practicable efforts to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 15 or 15(d) of the Exchange Act subsequent to the date of the Final Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period the Stock; (iv) to advise the UnderwritersPlacement Agents, promptly after it receives notice notices thereof, (x) of any request by the time when any amendment Commission to amend the Registration Statement has been filed or any to amend or supplement to the most recent Preliminary Prospectus and the Final Prospectus or any amended Prospectus has been filed with the Commission, for additional information relating thereto and (y) of the issuance by the Commission of any stop order suspending the effectiveness of the Registration Statement or of any post-effective amendment thereto or any order directed at any Incorporated Document or any amendment or supplement thereto or any order preventing or suspending the use of any prospectus relating to the Securities Preliminary Prospectus or the Final Prospectus or any Issuer Free Writing Prospectusamendment or supplement thereto, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation institution or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus Statement or any Issuer Free Writing Final Prospectus or for additional informationinformation relating thereto; and, (v) in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to the Securities Preliminary Prospectus or Final Prospectus or suspending any such qualification, promptly to promptly use its best commercially practicable efforts to obtain the withdrawal of such order;.
(b) promptly from time to time to take such action as the Underwriters may reasonably request to qualify To comply with the Securities for offer Act and sale under the securities laws of such jurisdictions as Exchange Act, and the Underwriters may reasonably request rules and to comply with such laws regulations thereunder, so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale completion of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies distribution of the Registration Statement, Stock as originally filed contemplated in the Transaction Documents and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) . If during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) a prospectus is required by law to be delivered under by a Placement Agent or a dealer in connection with the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance distribution of sales of or dealings in the Securities as Stock contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Final Prospectus. If during such period , any event occurs shall occur as a result of which which, in the Disclosure Package judgment of the Company or in the reasonable opinion of the Placement Agents, it becomes necessary to amend or supplement the Final Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances then existingexisting at the time the Final Prospectus is delivered to a purchaser, not misleading, or or, if during such period it is necessary at any time to amend or supplement the Final Prospectus to comply with any law, the Company promptly will prepare and file with the Commission, and furnish at its own expense to the Placement Agents and to such dealers, an appropriate amendment to the Registration Statement or amend supplement to the Final Prospectus so that the Final Prospectus as so amended or supplemented will not, in the light of the circumstances when it is so delivered, be misleading, or so that the Final Prospectus will comply with such law. Before amending the Registration Statement or supplementing the Preliminary Prospectus in connection with the Offering, the Company will furnish the Placement Agents with a copy of such proposed amendment or supplement the Disclosure Package or the Prospectus or and will not file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement to which the Placement Agents reasonably object.
(c) To furnish promptly to the Placement Agents and to counsel for the Placement Agents, upon request, a copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(d) To deliver promptly to the Placement Agents such number of the following documents as the Representatives may from time to time Placement Agents shall reasonably request;: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits), (ii) the Preliminary Prospectus, (iii) the Final Prospectus (not later than 10:00 A.M., New York time, on the second Business Day following the execution and delivery of this Agreement) and any amendment or supplement thereto (not later than 10:00 A.M., New York City time, on the Business Day following the date of such amendment or supplement); and (iv) any document incorporated by reference in the Preliminary Prospectus or Final Prospectus. The Company will pay the expenses of printing or other production of all documents relating to the Offering.
(e) to To make generally available to security-holders of the Company its stockholders as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158 thereunder158);.
(f) between To promptly take from time to time such actions as the Placement Agents may reasonably request to qualify the Stock for offering and sale under the securities, or blue sky, laws of such jurisdictions as the Placement Agents may designate and to continue such qualifications in effect for so long as required for the distribution of the Stock and will pay the fee, if any, of the National Association of Securities Dealers, Inc. (“NASD”) in connection with its review of the Offering. The Company shall not be obligated to qualify as a foreign corporation in any jurisdiction in which it is not so qualified, to submit to taxation in any jurisdiction or to file a general consent to service of process in any jurisdiction.
(g) Not to directly or indirectly offer, sell, assign, transfer, pledge, contract to sell, or otherwise dispose of any shares of Common Stock or securities convertible into or exercisable or exchangeable for Common Stock for a period of 90 days from the date of this Agreement the Final Prospectus without the prior written consent of the Lead Placement Agent, which consent shall not be unreasonably withheld, other than (i) the Company’s sale of the Stock hereunder, (ii) the exchange of approximately $22.3 million of the Company’s convertible promissory notes (and any subsequent conversion of such notes for shares of Common Stock) in exchange for outstanding promissory notes of Genesoft and the Closing Dateissuance of shares of Common Stock to the holders of the Genesoft notes in payment of interest and related amounts on such notes, neither all as contemplated by the Note Amendment and Exchange Agreement among the Company, nor Genesoft and the holders of the Genesoft notes dated as of November 17, 2003, (iii) the issuance of shares of Common Stock and assumption of options and warrants of Genesoft contemplated by the Merger Agreement, (iv) the issuance of shares or options to purchase shares pursuant to qualified stock option plans or currently outstanding Company or Genesoft options, warrants or rights, and (v) securities issued in connection with acquisition, licensing, collaboration or similar strategic arrangements; provided, however, that before issuing any such shares, the Company shall obtain from such proposed transferee an agreement to be bound by a letter substantially in the form of its subsidiaries Exhibit D, pursuant to which such proposed transferee shall agree not to directly or other affiliates over which it exercises management indirectly offer, sell, assign, transfer, pledge, contract to sell, or voting control, nor otherwise dispose of any person acting on their behalf willshares of Common Stock or securities convertible into or exercisable or exchangeable for Common Stock for a period of 90 days from the date of the Final Prospectus, without the prior written consent of the RepresentativesLead Placement Agent. The Company and Genesoft will cause each of its executive officers, directors and stockholders listed on Exhibit C hereto to furnish to the Lead Placement Agent, prior to the Closing Date, a letter, substantially in the form of Exhibit D hereto, pursuant to which each such person shall agree not to directly or indirectly offer, sell, assign, transfer, pledge, contract to sell sell, or otherwise dispose of any shares of Common Stock or securities that are substantially similar to convertible into or exercisable or exchangeable for Common Stock for a period of 90 days from the Securitiesdate of the Final Prospectus, without the prior written consent of the Lead Placement Agent.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) Prior to the Closing Date, not to issue any press release or other communication directly or indirectly or hold any press conference with respect to the Company, its condition, financial or otherwise, or earnings, business affairs or business prospects (except for routine oral marketing communications in the ordinary course of business and consistent with the past practices of the Company and of which the Placement Agents are notified), without the prior written consent of the Lead Placement Agent, unless in the judgment of the Company and its counsel, and after notification to the Lead Placement Agent, such press release or communication is required by law.
(i) To apply the net proceeds from the sale of the Securities Stock as described set forth in the Disclosure Package and the Final Prospectus under the heading “Use of Proceeds”; and.
(ij) not To engage and maintain, at its expense, a registrar and transfer agent for the Stock for twelve months after the date hereof.
(k) For ninety days following the date hereof to takesupply the Placement Agents with copies of all correspondence to and from, directly or indirectlyand all documents issued to and by, any action designed to or that could reasonably be expected to cause or result the Commission in any stabilization or manipulation connection with the registration of the price of Stock under the SecuritiesSecurities Act.
(l) To take from time to time such actions as required to permit the Stock to continue to be listed and authorized for trading on the Nasdaq Stock Market for twelve months after the date hereof.
Appears in 1 contract
Samples: Placement Agent Agreement (Genome Therapeutics Corp)
Further Agreements of the Company. The Company agrees with the Underwriterseach Underwriter:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representative and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than the Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing First Delivery Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as permitted herein; to advise the Underwriters Representative, promptly after it receives notice thereof, of the time when any such amendment to the Registration Statement has been filed or becomes effective or any supplement after such Closing Date to the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters Representative with copies thereof and thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period the Stock; to advise the UnderwritersRepresentative, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its reasonable best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to the Representative and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to each Underwriter such number of the following documents as such Underwriter shall reasonably request:
(i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement and the computation of the ratio of earnings to fixed charges and the computation of per share earnings) and, (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus and (iii) any document incorporated by reference in the Prospectus (excluding exhibits thereto); and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Stock or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Representative and, upon the Representative's request, to file such document and to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Representative may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance.
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the reasonable judgment of the Company or the Representative, be required by the Securities Act or requested by the Commission;
(e) Beginning on the date of this Agreement and at any time during which delivery of a prospectus is required in connection with the offering or sale of the Stock by any Underwriter, prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus, any document incorporated by reference in the Prospectus or any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Representative and counsel for the Underwriters and not make any such filing to which the Representative reasonably objects based upon the Representative's reasonable belief that such filing would include an untrue statement of a material fact or would omit to state any material fact necessary in order to make the statements therein not misleading;
(f) As soon as practicable after the Effective Date, to make generally available to the Company's security holders and to deliver to the Representative an earnings statement of the Company (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) For a period of five years following the Effective Date, to furnish to the Representative copies of all materials furnished by the Company to its stockholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Common Stock may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder (it being understood that materials filed with the Commission and available on the Commission's Web site shall be deemed to have been furnished to the Representative);
(h) Promptly from time to time to take such action as the Underwriters Representative may reasonably request to qualify the Securities Stock for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Representative may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectStock;
(cA) to furnish to For a period of 90 days from the Underwriters such number of conformed copies date of the Registration StatementProspectus, as originally filed and each amendment thereto not to, directly or indirectly, (excluding exhibits 1) offer for sale, sell, pledge or otherwise dispose of (or enter into any transaction or device which is designed to, or could be expected to, result in the disposition by any person at any time in the future of) any shares of Common Stock or securities convertible into or exchangeable for Common Stock (other than this Agreementthe Stock and shares issued pursuant to employee benefit plans, qualified stock option plans or other employee compensation plans existing on the date hereof or pursuant to currently outstanding options, warrants or rights), any Preliminary Prospectusor sell or grant options, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements rights or warrants with respect to any shares of Common Stock or securities convertible into or exchangeable for Common Stock (other than the grant of options pursuant to option plans existing on the date hereof), or (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the economic benefits or risks of ownership of such documents shares of Common Stock, whether any such transaction described in clause (including any document filed under the Exchange Act and deemed 1) or (2) above is to be incorporated settled by reference delivery of Common Stock or other securities, in the Registration Statement, any Preliminary Prospectus cash or the Prospectus)otherwise, in each case as soon as available without the prior written consent of the Representative; and (B) to cause each of Xxxxxxxxxxx X. Xxxxx, Xxxxxx Xxxxxxxxx, Xxxx Xxxxxxxxx, Xxxxxxx X. Xxxx, and Xxxxxx Xxxxx to furnish to each Underwriter, prior to the First Delivery Date, a letter, in form and substance satisfactory to counsel for the Underwriters, pursuant to which such quantities as person shall agree not to, directly or indirectly, (1) offer for sale, sell or otherwise dispose of (or enter into any transaction or device which is designed to, or could be expected to, result in the Representatives may from disposition by any person at any time in the future of) any shares of Common Stock or (2) enter into any swap or other derivatives transaction that transfers to time reasonably request;
another, in whole or in part, any of the economic benefits or risks of ownership of such shares of Common Stock, whether any such transaction described in clause (d1) or (2) above is to be settled by delivery of Common Stock or other securities, in cash or otherwise, in each case during the period in which beginning on the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under Prospectus and ending at the Securities Act), an earnings statement close of business on the Business Day immediately following the date on which the Company publicly announces its financial results for the second quarter of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf willcurrent fiscal year, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar Representative;
(j) Prior to the Securities.
First Delivery Date, to notify the NASDAQ National Market System (g"Nasdaq") to pay of the required Commission filing fees related to prospective issuance of the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise Stock in accordance with Rules 456(bNasdaq's listing requirements;
(k) and 457(rIf the Company elects or has elected to rely on Rule 462(b) under the Securities Act;, to file a Rule 462(b) Registration Statement with the Commission in compliance with Rule 462(b) by 6:00 p.m., eastern time, on the date of this Agreement, and at the time of filing to either pay to the Commission the filing fee for the Rule 462(b) Registration Statement or give irrevocable instructions for the payment of such fee pursuant to Rule 111(b) under the Securities Act.
(hl) to To apply the net proceeds from the sale of the Securities Stock being sold by the Company as described set forth in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”Prospectus; and
(im) To take such steps as shall be necessary to ensure that the Company shall not to takebecome an "investment company" within the meaning of such term under the Investment Company Act of 1940, directly or indirectlyas amended, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation and the rules and regulations of the price of the SecuritiesCommission thereunder.
Appears in 1 contract
Samples: Underwriting Agreement (Delias Corp)
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Underwriter and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by such RuleCommission's close of business on the second business day following the execution and delivery of this Agreement; prior to make no further making any amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date Prospectus other than by filing documents under the Exchange Act which shall be disapproved are incorporated by reference therein, to furnish a copy thereof to the Underwriters promptly after reasonable notice thereof; Underwriter and counsel to advise the Underwriters promptly of Underwriter and not to effect any such amendment or supplement to which the Underwriter shall reasonably object by notice to the Company after a reasonable period to review, which shall not in any case be longer than three business days after receipt of such Closing Date copy; prior to the termination of the offering of Securities as determined by the Underwriter, not to file any document that would be deemed to be incorporated by reference in the final Prospectus pursuant to Item 12 of Form S-3 without delivering to the Underwriter a copy of the document proposed to be so filed, such delivery to be made at least twenty-four hours prior to such filing, and to consult with the Underwriter as to any comments which the Underwriter makes in a timely manner with respect to the document so delivered; to advise the Underwriter, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters Underwriter with copies thereof and thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such the Securities, and during such same period ; to advise the UnderwritersUnderwriter, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such the Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request Underwriter and to comply with such laws so as counsel to permit the continuance Underwriter, upon the request of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale either, a signed copy of the Securities; provided that in connection therewith Registration Statement as originally filed with the Company shall not be required to qualify as a foreign corporationCommission, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectand each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) to furnish To deliver promptly to the Underwriters Underwriter such number of the following documents as the Underwriter shall reasonably request: (i) conformed copies of the Registration Statement, Statement as originally filed with the Commission and each amendment thereto (excluding exhibits other than this Agreementexhibits), any (ii) each Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments any amended or supplemented Prospectus and supplements to (iii) any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration StatementProspectus (excluding exhibits thereto) and, if the delivery of a prospectus is required at any Preliminary Prospectus time after the Effective Time in connection with the offering or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) sale of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from or any other securities relating thereto and if at such time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs events shall have occurred as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a any material fact necessary in order to make the statements therein, in the light of the circumstances then existingunder which they were made when such Prospectus is delivered, not misleading, or or, if during such period for any other reason it is shall be necessary to amend the Registration Statement or amend or supplement the Disclosure Package Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus or file any document in order to comply with the Securities Act, to promptly notify the Representatives Underwriter and, subject upon their request, to Section 4(a) hereof, amend file such documents and to prepare and furnish without charge to the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, Underwriter and to any dealer in securities as many copies as the case Underwriter may be, from time to time reasonably request of an amended or file any document (in each case, at the expense of the Company) so as to supplemented Prospectus which will correct such statement or omission or to effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, and to furnish without charge to each Underwriter as many written and electronic copies in the reasonable judgment of any such amendment the Company or supplement as the Representatives may from time to time reasonably requestreasonable judgment of the Underwriter, be required by the Securities Act or is requested by the Commission;
(e) As soon as practicable after the Effective Date, to make generally available to security-the Company's security holders of and to deliver to the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), Underwriter an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunderof the Securities Act);
(f) between Promptly from time to time, to take such action as the date of this Agreement Underwriter may reasonably request to qualify the Securities and the Conversion Shares for offering and sale under the securities laws of such jurisdictions as the Underwriter may request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the distribution of the Securities;
(g) For a period of five years following the First Closing Date, neither to furnish to the Underwriter copies of all materials furnished by the Company to its shareholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Common Stock may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act; PROVIDED, HOWEVER, that the Company shall not be required to provide the Underwriter with any such reports or similar forms that have been filed with the Commission by electronic transmission pursuant to EDGAR;
(h) For a period of 90 days from the daxx xxreof, not to, directly or indirectly, (1) announce an offering of, or file any registration statement with the Commission relating to, debt or equity securities of the Company (other than the offering contemplated by this Agreement), offer for sale, sell, pledge or otherwise dispose of (or enter into any transaction or device which is designed to, or could be expected to, result in the disposition or purchase by any person at any time in the future of) any debt or equity securities of the Company (other than the Securities), any securities convertible into or exchangeable for Common Stock or substantially similar securities (other than the Securities, the Conversion Shares and Common Stock to be issued in the ordinary course under the Company's employee benefit plans, qualified stock option plans or other employee compensation plans existing on the date hereof or pursuant to currently outstanding options, warrants or rights) or debt securities of the Company or sell or grant options, warrants or rights with respect to any shares of Common Stock or securities convertible into or exchangeable for Common Stock (other than the grant of options, warrants or rights pursuant to option plans existing on the date hereof) or debt securities of the Company or (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the economic benefits or risks of ownership of such shares of Common Stock or debt securities of the Company, nor whether any such transaction described in clause (1) or (2) above is to be settled by delivery of its subsidiaries Common Stock or other affiliates over which it exercises management securities, in cash or voting control, nor any person acting on their behalf willotherwise, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities ActUnderwriter;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not Not to take, directly or indirectly, any action which is designed to stabilize or that could manipulate, or which constitutes or which might reasonably be expected to cause or result in any stabilization or manipulation manipulation, of the price of any security of the Company in connection with the offering of the Securities;
(j) To use its best efforts to cause the Securities to be accepted for clearance and settlement through the facilities of DTC;
(k) To apply the net proceeds from the issuance of the Securities as set forth under the caption "Use of Proceeds" in the Prospectus;
(l) To take such steps as shall be necessary to ensure that neither the Company nor any of its subsidiaries shall become an "investment company" within the meaning of such term under the Investment Company Act; and
(m) Except as otherwise expressly permitted by its articles of incorporation or by-laws, to continue to conduct its operations in a manner that will meet the requirements to qualify as a REIT under the Internal Revenue Code.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwriters:
(a) to prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, pursuant to Rule 424(b) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereof; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to the Securities or suspending any such qualification, to promptly use its best efforts to obtain the withdrawal of such order;
(b) promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; , provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between for a period of 30 days after the date of this Agreement and the Closing DateAgreement, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with Company, the UnderwritersLLC and the Trust agree, jointly and severally agree to use their reasonable best efforts:
(a) to To prepare the Final Term SheetRegistration Statement, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare Preliminary Prospectus or the Prospectus, as amended or supplementedif none is required, a remarketing memorandum, including any preliminary remarketing memorandum, in relation to the Securities each case, in a form approved by the Underwriters Remarketing Agent, in connection with the Remarketing, and to file or cause to be filed with the Commission any such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act within the period required by the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement Statement, the Preliminary Prospectus, Prospectus or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date Remarketing Materials which shall be reasonably disapproved by the Underwriters Remarketing Agent promptly after reasonable notice thereof; to advise the Underwriters Remarketing Agent, promptly after any of them receives notice thereof, of the time when any such amendment to the Registration Statement has been filed or becomes effective or any supplement after such Closing Date to the Preliminary Prospectus or the Prospectus or any amended Prospectus has been filed (except for periodic filings with the Commission pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act) and to furnish the Underwriters Remarketing Agent with copies thereof and thereof; to file promptly within the time periods prescribed by the Exchange Act all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Remarketed Trust Preferred Securities, and during such same period ; to advise the UnderwritersRemarketing Agent, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such the Remarketed Trust Preferred Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any the Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus the Remarketing Materials or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or any Prospectus or the Securities Remarketing Materials or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such order;.
(b) To furnish promptly from time to time to take such action as the Underwriters may reasonably request to qualify Remarketing Agent and counsel for the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale Remarketing Agent a conformed copy of the Securities; provided that in connection therewith Registration Statement as originally filed with the Company shall not be required to qualify as a foreign corporationCommission, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(c) Prior to furnish 10:00 a.m., New York City time, on the Business Day (as defined in the Purchase Contract Agreement) next succeeding the date of this Agreement and from time to time, to deliver promptly to the Underwriters Remarketing Agent in New York City such number of the following documents as the Remarketing Agent shall reasonably request: (i) conformed copies of the Registration Statement, Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement, the Trust Agreement, the Purchase Contract Agreement and the Indenture), any (ii) the Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents amended or supplemented Preliminary Prospectus or Prospectus, (including iii) any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration StatementPreliminary Prospectus, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during Remarketing Materials (excluding exhibits thereto) and (iv) any Remarketing Materials; and, if the delivery of a prospectus is required at any time in connection with the Remarketing and if at such period time any event occurs shall have occurred as a result of which the Disclosure Package Preliminary Prospectus or Prospectus or the Prospectus Remarketing Materials as then amended or supplemented would include an any untrue statement of a material fact or omit to state a any material fact necessary in order to make the statements therein, in the light of the circumstances then existingunder which they were made, not misleading, or if for any other reason it shall be necessary during such same period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package Preliminary Prospectus, Prospectus or Remarketing Materials or to file under the Exchange Act any document incorporated by reference in the Prospectus or file any document in order to comply with the Securities Act or the Exchange Act, to promptly notify the Representatives Remarketing Agent and, subject upon its request, to Section 4(a) hereof, amend file such document and to prepare and furnish without charge to the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, Remarketing Agent and to any dealer in Securities as many copies as the case Remarketing Agent may be, from time to time reasonably request of an amended or file any document (in each case, at the expense of the Company) so as to supplemented Prospectus which will correct such statement or omission or to effect such compliance.
(d) To file promptly with the Commission any amendment to the Registration Statement, and the Preliminary Prospectus, or the Prospectus or any supplement to the Preliminary Prospectus or Prospectus that may, in the reasonable judgment of the Company or the Remarketing Agent, be required by the Securities Act or requested by the Commission.
(e) Prior to filing with the Commission (i) any amendment to the Registration Statement or supplement to the Preliminary Prospectus or Prospectus or any document incorporated by reference in the Prospectus or (ii) any Preliminary Prospectus or Prospectus pursuant to Rule 424 of the Securities Act, to furnish without charge a copy thereof to each Underwriter as many written the Remarketing Agent and electronic copies of counsel for the Remarketing Agent; and not to file any such amendment or supplement as until each of the Representatives may from time Remarketing Agent and counsel for the Remarketing Agent shall have had an opportunity to time reasonably request;review and comment on such amendment or supplement; provided, however, that the foregoing statements in this Section 4(e) shall not apply to periodic filings with the Commission pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act.
(ef) to To make generally available to security-holders securityholders of the Company and of the Trust and to deliver to the Remarketing Agent, as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunderunder the Securities Act);.
(fg) between Promptly from time to time to take such action as the date of this Agreement Remarketing Agent may reasonably request to qualify the Remarketed Trust Preferred Securities and the Closing Dateobligations of the Company under the Notes and the Guarantee for offering and sale under the securities laws of such jurisdictions as the Remarketing Agent may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the distribution of the Trust Preferred Securities; provided that in connection therewith, neither the Company, the LLC nor any the Trust shall be required to qualify as a foreign corporation or to file a general consent to service of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result process in any stabilization or manipulation of the price of the Securitiesjurisdiction.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersseveral Underwriters that:
(a) to The Company will prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by such Rulesecond business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date to which shall be disapproved by the Underwriters promptly after reasonable shall reasonably object by notice thereof; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of after a prospectus is required in connection with the offering or sale of such Securities, and during such same reasonable period to review; advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters with copies thereof; file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the CommissionCommission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of the Stock; advise the Underwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such order;its withdrawal.
(b) promptly from If at any time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish prior to the Underwriters such number expiration of conformed copies three months after the effective date of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus Statement when a prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) Stock is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an any untrue statement of a material fact fact, or omit to state a any material fact necessary to make the statements therein, in the light of the circumstances then existingunder which they were made, not misleading, or if during such period it is necessary at any time to amend the Registration Statement Prospectus or amend or supplement to file under the Disclosure Package or Exchange Act any document incorporated by reference in the Prospectus or file any document to comply with the Securities Act or the Exchange Act, to the Company will promptly notify the Representatives and, subject Underwriters thereof and upon their request will prepare an amended or supplemented Prospectus or make an appropriate filing pursuant to Section 4(a) hereof, amend the Registration Statement, amend 13 or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense 14 of the Company) so as to Exchange Act which will correct such statement or omission or to effect such compliance, and to . The Company will furnish without charge to each Underwriter and to any dealer in securities as many written and electronic copies of any such amendment or supplement as the Representatives Underwriters may from time to time reasonably request of such amended or supplemented Prospectus; and in case any Underwriter is required to deliver a prospectus relating to the Stock three months or more after the effective date of the Registration Statement, the Company upon the request of the Underwriters and at the expense of such Underwriter will prepare promptly an amended or supplemented Prospectus as may be necessary to permit compliance with the requirements of Section 10(a)(3) of the Securities Act.
(c) To furnish promptly to the Underwriters and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(d) To deliver promptly to the Underwriters in New York City such number of the following documents as the Underwriters shall reasonably request;: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits), (ii) the Prospectus (not later than 5:00 P.M., New York time, on the business day following the execution and delivery of this Agreement) and any amended or supplemented Prospectus (not later than 10:00 A.M., New York City time, on the business day following the date of such amendment or supplement) and (iii) any document incorporated by reference in the Prospectus (excluding exhibits thereto).
(e) to To make generally available to security-holders of the Company its shareholders as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158 thereunder158);.
(f) between The Company will promptly take from time to time such actions as the Underwriters may reasonably request to qualify the Stock for offering and sale under the securities or Blue Sky laws of such jurisdictions as the Underwriters may designate and to continue such qualifications in effect for so long as required for the distribution of the Stock; provided that the Company and its subsidiaries shall not be obligated to qualify as foreign corporations in any jurisdiction in which they are not so qualified or to file a general consent to service of process in any jurisdiction;
(g) During the period of two years from the date hereof, the Company will deliver to the Underwriters (i) as soon as they are available, copies of all reports or other communications furnished to shareholders and (i) as soon as they are available, copies of any reports and financial statements furnished or filed with the Commission pursuant to the Exchange Act or any national securities exchange or automatic quotation system on which the Stock is listed or quoted.
(h) The Company will not directly or indirectly offer, sell, assign, transfer, pledge, contract to sell, or otherwise dispose of any shares of Common Stock or securities convertible into or exercisable or exchangeable for Common Stock, or enter into any derivative transaction with similar effect as a sale of such Common Stock, for a period of 90 days from the date of this Agreement the Prospectus without the prior written consent of RBC Dominion other than the Company's sale of the Stock hereunder and the issuance of shares pursuant to employee benefit plans, qualified stock option plans or other employee compensation plans existing on the date hereof or pursuant to currently outstanding options, warrants or rights.
(i) The Company will supply the Underwriters with copies of all correspondence to and from, and all documents issued to and by, the Commission in connection with the registration of the Stock under the Securities Act.
(j) Prior to the Closing Date, neither the Company will not issue any press release or other communication directly or indirectly or hold any press conference with respect to the Company, nor any its condition, financial or other, or earnings, business affairs or business prospects (except for routine oral marketing communications in the ordinary course of its subsidiaries or other affiliates over business and consistent with the past practices of the Company and of which it exercises management or voting control, nor any person acting on their behalf willthe Underwriters are notified), without the prior written consent of the RepresentativesUnderwriters, offerunless in the judgment of the Company and its counsel, sell, contract to sell or otherwise dispose of any securities that are substantially similar and after notification to the SecuritiesUnderwriters, such press release or communication is required by law.
(gk) In connection with the offering of the Stock, until RBC Dominion shall have notified the Company of the completion of the resale of the Stock, the Company will not, and will cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, any Stock, or attempt to pay induce any person to purchase any Stock; and not to, and to cause its affiliated purchasers not to, make bids or purchase for the required Commission filing fees related purpose of creating actual, or apparent, active trading in or of raising the price of the Stock.
(l) The Company will not take any action prior to the Securities within Closing Date which would require the time period required by Rule 456(b)(1) under the Securities Act without regard Prospectus to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;be amended or supplemented pursuant to Section 4(b).
(hm) to The Company will apply the net proceeds from the sale of the Securities Stock as described set forth in the Disclosure Package and the Prospectus under the heading “"Use of Proceeds”; and".
(in) not The Company will use its best efforts to takelist, directly or indirectlysubject to notice of issuance, any action designed the Stock on The New York Stock Exchange.
(o) The Company will use its best efforts to or that could reasonably be expected to cause or result deliver within four business days after the Closing Date, the written agreements, substantially in any stabilization or manipulation the form of Exhibit I hereto, of the price directors and shareholders of the SecuritiesCompany listed in Schedule B to this Agreement.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwriters:agrees: ---------------------------------
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form reasonably approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than the Commission's close of business on the second business day following the execution and delivery of the applicable Terms Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act; after the date of the applicable Terms Agreement, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the applicable Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters with copies thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the CommissionCommission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of the Offered Securities; to advise the Underwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such the Offered Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish, promptly upon request by the representatives of the Underwriters named in any applicable Terms Agreement (the "Representatives" and --------------- if no Representatives are so named, then any references herein to the Representatives shall be deemed to refer to the Underwriters), to the Underwriters and to counsel for the Underwriters a copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Underwriters such number of the following documents as the Representatives shall reasonably request:
(i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement and the Indentures and such other exhibits as the Underwriters may reasonably request),
(ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus; and
(iii) any document incorporated or deemed incorporated by reference in the Prospectus (excluding exhibits thereto); and, if the delivery of a prospectus is required at any time after the Effective Date in connection with the offering or sale of the Offered Securities and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus (or to file under the Exchange Act any document incorporated by reference in the Prospectus) in order to comply with the Securities Act or the Exchange Act, to notify the Underwriters and to file such document and to prepare and furnish without charge to each Underwriter as many copies as the Representatives may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the reasonable judgment of the Underwriters, be required by the Securities Act, or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus, and promptly after filing with the Commission (or, if between the signing of any applicable Terms Agreement and the Closing Date thereunder, prior to filing with the Commission) any document incorporated or deemed incorporated by reference in the Prospectus or any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Underwriters and counsel for the Underwriters;
(f) As soon as practicable after the date of this Agreement and every Terms Agreement relating to designated Offered Securities, to make generally available to its security holders an earnings statement of the Company and its Subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) For a period of five years following the applicable Closing Date, to furnish to the Underwriters, copies of all materials furnished by the Company to all of its shareholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Common Stock and any other Offered Securities may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rules or regulations of the Commission thereunder;
(h) Promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Offered Securities for offer offering and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the Offered Securities; provided provided, however, that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which where it is not otherwise subjectso qualified;
(ci) to furnish to For a period of 90 days after the Underwriters such number date of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to designated Common Stock, or Offered Securities convertible into Common Stock but only if specified in the Securities applicable Terms Agreement (unless a different time period is set forth in the applicable Terms Agreement), the Company will not, directly or indirectly, offer for sale, sell or otherwise dispose of (or enter into any hedging transaction or device which is designed to, or could be expected to, result in lieu thereofthe disposition by any person at any time in the future of) any shares of Common Stock or any security convertible or exchangeable for Common Stock (other than shares issuable pursuant to employee benefit plans, stock option plans or other compensation plans existing on the notice referred date thereof or pursuant to in Rule 173(a) then currently outstanding options, warrants or rights and other than the issuance of shares of Common Stock as consideration for the acquisition of one or more businesses provided that such Common Stock may not be resold prior to the expiration of the Securities Act90-day period referenced above), or sell or grant options, rights or warrants with respect to any shares of Common Stock (other than the grant of options pursuant to option plans existing on the date thereof) is required to be delivered under the Securities Act, to comply otherwise than in accordance with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(hj) In the event designated Offered Securities are to be listed on a securities exchange, to apply for any listing of such designated Offered Securities on such securities exchange and to use its best efforts to complete and maintain that listing, subject only to official notice of issuance, prior to the relevant Closing Date, or if not so listed by such date, as soon as practical thereafter. In the case of Offered Securities that are Debt Securities to be listed on a foreign securities exchange, if the Company is not able to effect or maintain such listing, it will use its best efforts to obtain and maintain the quotation for, or listing of, such Debt Securities on such other stock exchange or exchanges as the Company may, with the approval of the Representatives, determine;
(k) To apply the net proceeds from the sale of the Offered Securities being sold by the Company as described set forth in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”Prospectus; and
(il) If the Offered Securities include Debt Securities, not to takeoffer or sell such Debt Securities in bearer form during the restricted period to a person who is within the United States or its possessions or to a United States person (each as defined in the U.S. Internal Revenue Code and regulations thereunder, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of including the price of the SecuritiesD Rules).
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Lead Underwriters and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Delivery Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters with copies thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the CommissionCommission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of the Securities; to advise the Underwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such the Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly from time to time to take such action as the Underwriters may reasonably request and to qualify the Securities counsel for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale a signed or facsimile signed copy of the Securities; provided that in connection therewith Registration Statement as originally filed with the Company shall not be required to qualify as a foreign corporationCommission, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectand each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) to furnish To deliver promptly to the Underwriters such number of the following documents as the Underwriters shall reasonably request: (i) conformed copies of the Registration Statement, Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement), any exhibits) and (ii) each Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any amended or supplemented Prospectus, and, if the delivery of such documents (including a prospectus is required at any document filed under time after the Exchange Act and deemed to be incorporated by reference Effective Time in connection with the Registration Statement, any Preliminary Prospectus offering or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) sale of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from or any other securities relating thereto and if at such time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs events shall have occurred as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a any material fact necessary in order to make the statements therein, in the light of the circumstances then existingunder which they were made when such Prospectus is delivered, not misleading, or or, if during such period for any other reason it is shall be necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document in order to comply with the Securities Act, to promptly notify the Representatives Underwriters and, subject upon their request, to Section 4(a) hereof, amend prepare and furnish without charge to the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, Underwriters and to any dealer in securities as many copies as the case Underwriters may be, from time to time reasonably request of an amended or file any document (in each case, at the expense of the Company) so as to supplemented Prospectus which will correct such statement or omission or to effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, and to furnish without charge to each Underwriter as many written and electronic copies in the reasonable judgment of any such amendment the Company or supplement as the Representatives may from time to time reasonably requestLead Underwriters, be required by the Securities Act or is requested by the Commission;
(e) For so long as the delivery of a prospectus is required in connection with the initial offering or sale of the Securities, prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus or any Prospectus and any document incorporated by reference in the Prospectus pursuant to Rule 424 of the Securities Act, to furnish a copy thereof to the Underwriters and counsel for the Underwriters and obtain the consent of the Lead Underwriters to the filing;
(f) As soon as practicable after the Effective Date, to make generally available to security-the Company's security holders of and to deliver to the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), Underwriters an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunderof the Securities Act);
(fg) between Promptly from time to time, to take such action as the date Lead Underwriters may reasonably request to qualify the Securities for offering and sale under the securities laws of this Agreement such jurisdictions in the United States as the Lead Underwriters may request and in such other jurisdictions as the Company and the Closing DateLead Underwriters may mutually agree, neither and to comply with such laws so as to permit the Company, nor any continuance of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without sales and dealings therein in such jurisdictions for as long as may be necessary to complete the prior written consent distribution of the RepresentativesSecurities; provided that, offerin connection therewith, sell, contract the Company shall not be required to sell qualify as a foreign corporation or otherwise dispose to file a general consent to service of process in any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Actjurisdiction;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not Not to take, directly or indirectly, any action which is designed to stabilize or that could manipulate, or which constitutes or which might reasonably be expected to cause or result in any stabilization or manipulation manipulation, of the price of any security of the SecuritiesCompany in connection with the initial offering of the Securities (except after consultation with the Underwriters and as may be permitted by under United States federal securities laws);
(i) To use its best efforts to cause the Securities to be accepted for clearance and settlement through the facilities of DTC;
(j) To execute and deliver the Indenture in form and substance satisfactory to the Lead Underwriters;
(k) To apply the net proceeds from the issuance of the Securities as set forth under "Use of Proceeds" in the Prospectus;
(l) To take such steps as shall be necessary to ensure that the Company or any of its subsidiaries shall not become an "investment company" as defined, and subject to regulation, under the Investment Company Act.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersseveral Underwriters that it will furnish to counsel for the Underwriters one copy of the Registration Statement relating to the Securities, including all exhibits, in the form in which each became effective and of all amendments thereto and that, in connection with each offering of Securities:
(a) to The Company will prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representatives and to will file or cause to be filed the Prospectus with the Commission such Prospectus, pursuant to and in accordance with Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by such Rule; Commission's close of business on the second business day following execution and delivery of the Terms Agreement referred to in Section 3 and will make no further amendment or any supplement to the Registration Statement or amendment or supplement to the Prospectus as amended or supplemented after (other than those relating solely to an offering of securities other than the date of this Agreement and Securities) prior to the Closing Date which shall be disapproved by the Underwriters Representatives promptly after reasonable notice thereof; .
(b) During the time when a prospectus relating to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements Securities is required to be filed by delivered under the Securities Act, (i) the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to will advise the Underwriters, promptly after it receives notice thereof, Representatives of the time when any amendment to the Registration Statement has been filed or, promptly after it receives notice thereof, has become effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed (other than those relating solely to an offering of securities other than the Securities) and furnish the Representatives copies thereof; (ii) the Company will file promptly all reports required to be filed by the Company with the CommissionCommission pursuant to Section 13(a), 13(c), 14(d) or 15(d) of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating Exchange Act subsequent to the Securities or any Issuer Free Writing Prospectus, date of the suspension of Prospectus; (iii) the qualification of such Securities for offering or sale in any jurisdiction, of Company will advise the initiation or threatening of any proceeding for any such purpose, or Representatives promptly of any request by the Commission for the amending or supplementing of the Registration Statement, Statement or of any Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus part thereof or for additional information; andinformation (other than solely in respect of an offering of securities other than the Securities), and will advise the Representatives promptly of the institution by the Commission of any stop order proceedings in respect of the event Registration Statement or of any part thereof and will use commercially reasonable efforts to prevent the issuance of any such stop order or and to obtain as soon as possible its lifting, if issued; and (iv) the Company will advise the Representatives promptly of the receipt by the Company of any such order preventing notification with respect to the suspension of the qualification of the Securities for sale in any jurisdiction or suspending the use initiation or threat of any proceeding for such purpose.
(c) If, at any time when a prospectus relating to the Securities or suspending any such qualification, to promptly use its best efforts to obtain the withdrawal of such order;
(b) promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a any material fact necessary to make the statements therein, in the light of the circumstances then existingunder which they were made when such Prospectus is delivered, not misleading, or if during such period for any other reason it is necessary at any time to amend the Registration Statement or amend or supplement the Disclosure Package Prospectus or to file under the Exchange Act any document to be incorporated by reference in the Prospectus or file any document in order to comply with the Securities Act, to the Trust Indenture Act or the Exchange Act, the Company promptly will notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, and at the expense of the Company) so as to correct Representatives' request file such statement or omission or to effect such compliance, document and to prepare and furnish without charge to each Underwriter and to any dealer in securities as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;request of an amended Prospectus or a supplement to the Prospectus, or the document that will be filed under the Exchange Act so as to be incorporated by reference in the Prospectus, which will correct such statement or omission or effect such compliance, provided, that in case any Underwriter is required to deliver a prospectus in connection with sales of any of the Securities at any time nine months or more after the time of issue of the Prospectus, upon the Representatives' request but at the expense of such Underwriter, the Company promptly will prepare and deliver to such Underwriter as many copies as the Representatives may request of an amended or supplemented Prospectus complying with Section 10(a)(3) of the Securities Act. Neither the Representatives' consent to, nor the Underwriters' delivery of, any such amendment or supplement shall constitute a waiver of any of the conditions set forth in Section 6.
(d) If necessary, the Company will promptly from time to time take such action as the Representatives may reasonably request to qualify the Securities for offering and sale and to determine their eligibility for investment under the securities laws of such jurisdictions as the Representatives may reasonably request and to comply with such laws as to permit the continuance of sales and dealings therein in such jurisdictions for so long as may be necessary to complete the distribution of the Securities not to exceed one year, provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to subject itself to taxation or to file a general or unlimited consent to process in any jurisdiction.
(e) The Company will timely file such reports pursuant to the Exchange Act as are necessary in order to make generally available to security-holders of the Company its shareholders as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), practicable an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at and the option of the Company, Rule 158 thereunder);Rules and Regulations.
(f) between The Company will furnish to the date Representatives copies of this Agreement the Registration Statement, any Preliminary Prospectus, the Prospectus and the Closing Date, neither Incorporated Documents and during the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar time when a prospectus relating to the Securities is required to be delivered under the Securities Act, all amendments and supplements to such documents (other than those solely relating to an offering of securities other than the Securities), in each case as soon as available and in such quantities as are reasonably requested.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to The Company will apply the net proceeds received by it from the sale of the Securities pursuant to this Agreement and the Terms Agreement as described set forth in the Disclosure Package and the Prospectus under the heading “caption "Use of Proceeds”; and."
(ih) not The Company will take such steps as shall be necessary to take, directly or indirectly, ensure that neither the Company nor any action designed to or that could reasonably be expected to cause or result subsidiary shall become an "investment company" as defined in any stabilization or manipulation of the price of the SecuritiesInvestment Company Act.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersseveral Underwriters that:
(a) to The Company will prepare the Final Term SheetRule 462(b) Registration Statement, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectusif necessary, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters Representative (which approval shall not be unreasonably withheld or delayed) and to file or cause to be filed such Rule 462(b) Registration Statement with the Commission on the date hereof; prepare the Prospectus in a form approved by the Representative and file such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by such Rulesecond business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement Statements or Prospectus as amended or supplemented after to the Prospectus, including, without limitation, documents to be incorporated by reference therein, from the date of this Agreement and prior hereof until the Option Closing Date, to which the Representative shall reasonably object by notice to the Closing Date which shall be disapproved by Company after a reasonable period to review; advise the Underwriters Representative, promptly after reasonable it receives notice thereof; , of the time when any amendment to advise either Registration Statement has been filed or becomes effective or any supplement to the Underwriters promptly of Prospectus or any such amendment or supplement after such Closing Date amended Prospectus has been filed and to furnish the Underwriters Representative with copies thereof and to thereof, without charge; file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to the Stock; advise the UnderwritersRepresentative, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any reasonable request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statements or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such order;its withdrawal.
(b) promptly from If at any time prior to time to take such action as the Underwriters may reasonably request to qualify expiration of nine months after the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale effective date of the Securities; provided that in connection therewith the Company shall not be required to qualify as Initial Registration Statement when a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) Stock is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an any untrue statement of a material fact fact, or omit to state a any material fact necessary to make the statements therein, in the light of the circumstances then existingunder which they were made, not misleading, or if during such period it is necessary at any time to amend the Registration Statement Prospectus or amend or supplement to file under the Disclosure Package or Exchange Act any document incorporated by reference in the Prospectus or file any document to comply with the Securities Act or the Exchange Act, to the Company will promptly notify the Representatives and, subject Representative thereof and upon its request will prepare an amended or supplemented Prospectus or make an appropriate filing pursuant to Section 4(a) hereof, amend the Registration Statement, amend 13 or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense 14 of the Company) so as to Exchange Act which will correct such statement or omission or to effect such compliance, and to . The Company will promptly furnish without charge to each Underwriter and to any dealer in securities as many written and electronic copies of any such amendment or supplement as the Representatives Representative may from time to time reasonably request of such amended or supplemented Prospectus; and in case any Underwriter is required to deliver a prospectus relating to the Stock nine months or more after the effective date of the Initial Registration Statement, the Company, upon the request of the Representative and at the expense of such Underwriter, will prepare promptly an amended or supplemented Prospectus as may be necessary to permit compliance with the requirements of Section 10(a)(3) of the Securities Act.
(c) The Company will furnish promptly to the Representative and to counsel for the Underwriters a signed copy of each of the Registration Statements as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(d) The Company will deliver promptly to the Representative in New York City such number of the following documents as the Representative shall reasonably request;, without charge: (i) conformed copies of the Registration Statements as originally filed with the Commission and each amendment thereto (in each case excluding exhibits), (ii) each Preliminary Prospectus, (iii) the Prospectus (not later than 10:00 A.M., New York time, of the business day following the execution and delivery of this Agreement) and any amended or supplemented Prospectus (not later than 10:00 A.M., New York City time, on the business day following the date of such amendment or supplement) and (iv) any document incorporated by reference in the Prospectus (excluding exhibits thereto).
(e) to The Company will make generally available to security-holders of the Company its stockholders as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158 thereunder158);.
(f) between The Company will promptly take from time to time such actions as the Representative may reasonably request to qualify the Stock for offering and sale under the securities or Blue Sky laws of such jurisdictions as the Representative may reasonably designate and to continue such qualifications in effect for so long as required for the distribution of the Stock; provided that the Company and its subsidiaries shall not be obligated to qualify as foreign organizations in any jurisdiction in which they are not so qualified or to file a general consent to service of process in any jurisdiction;
(g) The Company and its subsidiaries will not directly or indirectly offer, sell, assign, transfer, pledge, contract to sell, or otherwise dispose of any shares of Common Stock or securities convertible into or exercisable or exchangeable for Common Stock, for a period of 60 days from the date of this Agreement the Prospectus without the prior written consent of SX Xxxxx other than (i) the Company’s sale of the Stock hereunder and (ii) the issuance of shares pursuant to employee benefit plans, qualified stock option plans or other employee compensation plans existing on the date hereof or pursuant to currently outstanding options, warrants or rights. The Company will cause each individual listed in Schedule B to furnish to the Representative, prior to the First Closing Date, neither a letter, substantially in the form of Exhibit I hereto, pursuant to which each such person shall agree not to directly or indirectly offer, sell, assign, transfer, pledge, contract to sell, or otherwise dispose of any shares of Common Stock or securities convertible into or exercisable or exchangeable for Common Stock, for a period beginning on the date of the Prospectus and ending on the date that is three days following the date of the Company’s earnings press release in respect of the Company’s fiscal quarter ending December 31, 2002, without the prior written consent of SX Xxxxx.
(h) The Company will supply the Representative with copies of all correspondence to and from, and all documents issued to and by, the Commission in connection with the registration of the Stock under the Securities Act.
(i) Prior to each of the Closing Dates the Company will furnish to the Representative, as soon as reasonably practicable after their preparation, copies of any unaudited interim consolidated financial statements of the Company for any periods subsequent to the periods covered by the financial statements appearing in the Registration Statements and the Prospectus.
(j) Prior to each of the Closing Dates, the Company will not issue any press release or other communication directly or indirectly or hold any press conference with respect to the Company, nor any its condition, financial or otherwise, or earnings, business affairs or business prospects (except for routine marketing communications and earnings releases, each in the ordinary course of its subsidiaries or other affiliates over business and consistent with the past practices of the Company and of which it exercises management or voting control, nor any person acting on their behalf willthe Representative is notified), without the prior written consent of the RepresentativesRepresentative, offerwhich consent shall not be unreasonably withheld or delayed, sellunless in the judgment of the Company and its counsel, contract to sell or otherwise dispose of any securities that are substantially similar and after notification to the SecuritiesRepresentative, such press release or communication is required by law.
(gk) In connection with the offering of the Stock, until SX Xxxxx shall have notified the Company of the completion of the resale of the Stock (which notification shall be given in writing as promptly as reasonably practicable), the Company will not, and will cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, any Stock, or attempt to pay induce any person to purchase any Stock; and not to, and to cause its affiliated purchasers not to, make bids or purchase for the required Commission filing fees related purpose of creating actual, or apparent, active trading in or of raising the price of the Stock.
(l) The Company will not take any action prior to the Securities within Option Closing Date which would require the time period required by Rule 456(b)(1Prospectus to be amended or supplemented pursuant to Section 4(b) of this Agreement, other than the filing of any document under the Securities Exchange Act without regard incorporated by reference in the Prospectus necessary in order to comply with the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under requirements of the Securities Exchange Act;
(hm) to The Company will apply the net proceeds from the sale of the Securities Stock as described set forth in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(in) not to takeThe Company shall engage and maintain, directly or indirectlyat its expense, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of a registrar and transfer agent for the price of the SecuritiesStock.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwriters:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representatives and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by such RuleCommission’s close of business on the second business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement or the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing last Delivery Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as provided herein; to advise the Underwriters Representatives, promptly after it receives notice thereof, of the time when any such amendment or supplement after such Closing Date to the Registration Statement or the Prospectus has been filed and to furnish the Underwriters Representatives with copies thereof and thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period the Shares; to advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities Prospectus or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Shares for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of the Prospectus or any prospectus relating to the Securities Issuer Free Writing Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to each of the Representatives and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Representatives such number of the following documents as the Representatives shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement and the computation of per share earnings), (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus, (iii) each Issuer Free Writing Prospectus and (iv) any document incorporated by reference in any Preliminary Prospectus or the Prospectus; and, if the delivery of a prospectus is required at any time after the date hereof in connection with the offering or sale of the Shares or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Representatives and, upon their request, to file such document and to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Representatives may from time to time reasonably request of an amended or supplemented Prospectus that will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment or supplement to the Registration Statement or the Prospectus that may, in the judgment of the Company or the Representatives, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus, any document incorporated by reference in the Prospectus or any amendment to any document incorporated by reference in the Prospectus, to furnish a copy thereof to the Representatives and counsel for the Underwriters and obtain the consent of the Representatives to such filing;
(f) Not to make any offer relating to the Shares that would constitute an Issuer Free Writing Prospectus without the prior written consent of the Representatives;
(g) To retain in accordance with the Rules and Regulations all Issuer Free Writing Prospectuses it uses or refers to; and if at any time after the date hereof any events shall have occurred as a result of which any Issuer Free Writing Prospectus, as then amended or supplemented, would conflict with the information in the Registration Statement, the most recent Preliminary Prospectus or the Prospectus or would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading, or, if for any other reason it shall be necessary to amend or supplement any Issuer Free Writing Prospectus, to notify the Representatives and, upon their request, to file such document and to prepare and furnish without charge to each Underwriter as many copies as the Representatives may from time to time reasonably request of an amended or supplemented Issuer Free Writing Prospectus that will correct such conflict, statement or omission or effect such compliance;
(h) To make generally available to the Company’s security holders and to deliver to the Representatives an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(i) Promptly from time to time to take such action as the Underwriters Representatives may reasonably request to qualify the Securities Shares for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Representatives may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesShares; provided that in connection therewith the Company shall not be required to (i) qualify as a foreign corporationcorporation in any jurisdiction in which it would not otherwise be required to so qualify, to (ii) file a general consent to service of process in any such jurisdiction or to become (iii) subject itself to taxation in any jurisdiction in which it is would not otherwise be subject;
(cj) to furnish to For a period commencing on the Underwriters such number of conformed copies date hereof and ending on the 90th day after the date of the Registration StatementProspectus (the “Lock-Up Period”), as originally filed and each amendment thereto not to, directly or indirectly, (excluding exhibits 1) offer for sale, sell, pledge or otherwise dispose of (or enter into any transaction or device that is designed to, or could be expected to, result in the disposition by any person at any time in the future of) any shares of Common Shares or securities convertible into or exchangeable for Common Shares (other than this Agreementthe Shares and shares issued pursuant to employee benefit plans, qualified share option plans or other employee compensation plans existing on the date hereof or pursuant to currently outstanding options, warrants or rights), or sell or grant options, rights or warrants with respect to any Preliminary Prospectusshares of Common Shares or securities convertible into or exchangeable for Common Shares (other than the grant of options pursuant to option plans existing on the date hereof), (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the Final Term Sheet and economic benefits or risks of ownership of such shares of Common Shares, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of Common Shares or other securities, in cash or otherwise, (3) file or cause to be filed a registration statement, including any amendment with respect to any shares of Common Shares or securities convertible, exercisable or exchangeable into Common Shares or any other Issuer Free Writing Prospectus, securities of the Prospectus and all amendments and supplements Company or (4) publicly disclose the intention to do any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus)foregoing, in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offeron behalf of the Underwriters, sell, contract and to sell or otherwise dispose cause each officer and trustee of any securities that are substantially similar the Company set forth on Schedule 2 hereto to furnish to the Securities.
(g) to pay the required Commission filing fees related Representatives, prior to the Securities within Initial Delivery Date, a letter or letters, substantially in the time period required by Rule 456(b)(1) under form of Exhibit A hereto (the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act“Lock-Up Agreements”);
(hk) to To apply the net proceeds from the sale of the Securities Shares being sold by the Company as described set forth in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the SecuritiesProspectus.
Appears in 1 contract
Further Agreements of the Company. The Company covenants and agrees with the Underwriterseach Underwriter that:
(a) to prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and The Company will file the Final Term Sheet pursuant to Rule 433(d) of final Prospectus with the Securities Act Commission within the time period prescribed periods specified by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, pursuant to Rule 424(b) and Rule 430A, 430B or 430C under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or will file any supplement Issuer Free Writing Prospectus to the Registration Statement or Prospectus as amended or supplemented after extent required by Rule 433 under the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofSecurities Act; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to will file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, the Offered ADSs; and during such same period to advise the Underwriters, promptly after it receives notice thereof, will furnish copies of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus or any each Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating (to the Securities extent not previously delivered) to the Underwriters in New York City prior to 10:00 A.M., New York City time, on or suspending any before the business day next succeeding the date of this Agreement in such qualification, to promptly use its best efforts to obtain the withdrawal of such order;
(b) promptly from time to time to take such action quantities as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;request.
(cb) The Company will deliver, without charge, (i) to furnish to the Underwriters such number of conformed Underwriters, three copies of the Registration StatementStatement and each ADS Registration Statement as originally filed and each amendment thereto, in each case including all exhibits and consents filed therewith; and (ii) to each Underwriter (A) a conformed copy of the Registration Statement and each ADS Registration Statement as originally filed and each amendment thereto (excluding exhibits other than this Agreementwithout exhibits) and (B) during the Prospectus Delivery Period (as defined below), any Preliminary Prospectus, as many copies of the Final Term Sheet Prospectus (including all amendments and any other supplements thereto and documents incorporated by reference therein and each Issuer Free Writing Prospectus) as the Underwriters may reasonably request. As used herein, the term “Prospectus and all amendments and supplements to any Delivery Period” means such period of such documents (including any document filed under time after the Exchange Act and deemed to be incorporated by reference first date of the public offering of the Offered ADSs as in the Registration Statement, any Preliminary Prospectus or opinion of counsel for the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus Underwriters a prospectus relating to the Securities Offered ADSs is required by law to be delivered (or in lieu thereof, the notice referred required to in be delivered but for Rule 173(a) of 172 under the Securities Act) is required to be delivered under the Securities Act, to comply in connection with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of the Offered ADSs by any Underwriter or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securitiesdealer.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.
Appears in 1 contract
Further Agreements of the Company. The Company Each of the Issuers agrees --------------------------------- with each of the several Underwriters:
(a) to prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than the Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act; except for such post-effective amendment made under Rule 462(d) under the Securities Act, within which amendment shall be approved by the time period prescribed by such Rule; Underwriters, to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters with copies thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the CommissionCommission pursuant to section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of the Securities; to advise the Underwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such the Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain its withdrawal at the withdrawal of such orderearliest possible time;
(b) to furnish promptly to each Underwriter and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) to deliver promptly to each Underwriter such number of the following documents as such Underwriter shall reasonably request:
(i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement and the computation of per share earnings), (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus and (iii) any document incorporated by reference in the Prospectus (excluding exhibits thereto); and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Securities and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Underwriters and, upon their request, to file such document and to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as each Underwriter may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance;
(d) to file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the judgment of the Underwriters, be required by the Securities Act or requested by the Commission.
(e) during the period when a prospectus is required to be delivered in connection with the offering or sale of the Securities, prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus, any document incorporated by reference in the Prospectus or any Prospectus pursuant to Rule 424, to furnish a copy thereof to each Underwriter and counsel for the Underwriters and obtain the consent of the Underwriters to the filing;
(f) as soon as practicable after the Effective Date, to make generally available to the Company's security holders and to deliver to the Underwriters an earnings statement of the Company and its Subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) for so long as the Securities are outstanding, to furnish the Underwriters copies of any annual reports, quarterly reports and current reports filed by the Company with the Commission on Forms 10-K, 10-Q and 8- K, or such other similar forms as may be designated by the Commission, and such other documents, reports and information as shall be furnished by the Company to the Trustee or to the holders of the Securities pursuant to the Indenture or the Exchange Act or any rule or regulation of the Commission thereunder;
(h) promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer offering and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete required for the issuance and sale resale of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(ci) to furnish to for a period of 180 days from the Underwriters such number date of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as not to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offeroffer for sale, sell, contract to sell or otherwise dispose of, directly or indirectly, or file a registration statement for, or announce any offer, sale, contract for sale of or other disposition of any unsecured debt securities that are substantially similar to issued or guaranteed by the Company or any of its Subsidiaries (other than the Securities.
(g) without the prior written consent of CSI not to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Actbe unreasonably withheld;
(hj) not to, for so long as the Securities are outstanding, be or become, or be or become owned by, an open-end investment company, unit investment trust or face-amount certificate company that is or is required to be registered under Section 8 of the Investment Company Act, and to not be or become, or be or become owned by, a closed-end investment company required to be registered, but not registered thereunder;
(k) in connection with the offering of the Securities, until CSI on behalf of the Underwriters shall have notified the Company of the completion of the distribution of the Securities, not to, and to cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, any Securities, or attempt to induce any person to purchase any Securities; and not to, and to cause its affiliated purchasers not to, make bids or purchase for the purpose of creating actual, or apparent, active trading in or of raising the price of the Securities;
(l) in connection with the offering of the Securities, to make its officers, employees, independent accountants and legal counsel reasonably available upon request by the Underwriters;
(m) to furnish to each of the Underwriters on the date hereof a copy of each of the independent accountants' reports included in the Prospectus signed by the accountants rendering such report;
(n) to do and perform all things required to be done and performed by it under this Agreement that are within its control prior to or after the Closing Date, and to use its best efforts to satisfy all conditions precedent on its part to the delivery of the Securities;
(o) to not take any action prior to the execution and delivery of the Indenture which, if taken after such execution and delivery, would have resulted in a default or an event of default under the Indenture;
(p) not to take any action prior to the Closing Date which would require the Prospectus to be amended or supplemented pursuant to Section 4(d);
(q) prior to the Closing Date, not to issue any press release or other communication directly or indirectly or hold any press conference with respect to any Issuer, its condition, financial or otherwise, or earnings, business affairs or business prospects (except for routine oral marketing communications and earnings announcements in the ordinary course of business and consistent with the past practices of such Issuer and of which the Underwriters are notified), without the prior written consent of the Underwriters, unless in the judgment of such Issuer and its counsel, and after notification to the Underwriters, such press release or communication is required by law; and
(r) to apply the net proceeds from the sale of the Securities as described set forth in the Disclosure Package and the Prospectus under the heading “"Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities."
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representatives and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by Commission’s close of business on the second business day following the execution and delivery of this Agreement and to notify the Underwriters promptly of such Rulefiling; to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing last Delivery Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as permitted herein; to advise the Underwriters Representatives, promptly after it receives notice thereof, of the time when any such amendment to the Registration Statement has been filed or becomes effective or any supplement after such Closing Date to the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters with copies thereof and thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period the Stock; to advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, of any notice from the Commission objecting to the use of the form of the Registration Statement or any post-effective amendment thereto or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or any Issuer Free Writing Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain its withdrawal; and, in the withdrawal event of the Company’s receipt of a notice objecting to the use of the form of the Registration Statement or any post-effective amendment thereto, the Company will promptly take such ordersteps including, without limitation, amending the Registration Statement or filing a new registration statement, at its own expense, as may be necessary to permit offers and sales of the Stock by the Underwriters (and references herein to the “Registration Statement” shall include any such amendment or new registration statement);
(b) To furnish to the Underwriters and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Representatives such number of the following documents as the Representatives shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits), (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus, (iii) each Issuer Free Writing Prospectus and (iv) any document incorporated by reference in any Preliminary Prospectus or the Prospectus (excluding exhibits thereto); and, if the delivery of a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations) is required at any time after the date hereof in connection with the offering or sale of the Stock or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus in order to comply with the Securities Act or the Exchange Act, to file such document, to notify the Representatives and, upon their request, to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Representatives may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment or supplement to the Registration Statement or the Prospectus that may, in the reasonable judgment of the Company or the Representatives, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment or supplement to the Registration Statement or the Prospectus, any document incorporated by reference in the Prospectus or any amendment to any document incorporated by reference in the Prospectus, to furnish a copy thereof to the Representatives and counsel for the Underwriters and obtain the consent of the Representatives to the filing (which consent may not be unreasonably withheld);
(f) To pay the applicable Commission filing fees relating to the Stock within the time required by Rule 456(b)(1) without regard to the proviso therein;
(g) Not to make any offer relating to the Stock that would constitute an Issuer Free Writing Prospectus without the prior written consent of the Representatives;
(h) To file promptly all material required to be filed by the Company with the Commission pursuant to Rule 433(d) of the Rules and Regulations; to retain in accordance with the Rules and Regulations all Issuer Free Writing Prospectuses not required to be filed with the Commission pursuant to the Rules and Regulations; and if at any time after the date hereof any events shall have occurred as a result of which any Issuer Free Writing Prospectus, as then amended or supplemented, would conflict with the information in the Registration Statement, the most recent Preliminary Prospectus or the Prospectus or would include an untrue statement of a material fact or omit to state any material fact necessary to make the statements therein, in light of the circumstances under which they were made, not misleading, or, if for any other reason it shall be necessary to amend or supplement any Issuer Free Writing Prospectus, to notify the Representatives and, upon their request, file such document and prepare and furnish without charge to each Underwriter as many copies as the Representatives may from time to time reasonably request of an amended or supplemented Issuer Free Writing Prospectus that will correct such conflict, statement or omission or effect such compliance;
(i) As soon as practicable after the Effective Date and in any event not later than 16 months after the date hereof, to make generally available to the Company’s security holders and to deliver to the Representatives an earning statement of the Company and its Subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations;
(j) Until completion of the distribution contemplated hereby, to furnish to the Representatives copies of all materials furnished by the Company to its shareholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Common Stock may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder;
(k) Promptly from time to time to take such action as the Underwriters Representatives may reasonably request to qualify the Securities Stock for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Representatives may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesStock; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectjurisdiction;
(cl) to furnish to For a period of 30 days from the Underwriters such number of conformed copies date of the Registration Statement, as originally filed and each amendment thereto Prospectus Supplement (excluding exhibits other than this Agreementthe “Lock-Up Period”), not to, directly or indirectly, (1) offer for sale, sell, pledge or otherwise dispose of (or enter into any Preliminary Prospectustransaction or device which is designed to, or could be expected to, result in the Final Term Sheet and disposition by any other Issuer Free Writing Prospectusperson at any time in the future of) any shares of Common Stock (including, the Prospectus and all amendments and supplements to any without limitation, shares of such documents (including any document filed under the Exchange Act and Common Stock that may be deemed to be incorporated beneficially owned by reference the undersigned in accordance with the Registration Statementrules and regulations of the Commission and shares of Common Stock that may be issued upon exercise of any option or warrant) or securities convertible into or exchangeable for Common Stock (other than the Stock and shares issued pursuant to employee benefit plans, qualified stock option plans or other employee compensation plans existing on the date hereof or pursuant to currently outstanding options, warrants or rights or shares issued pursuant to registration statements on Form S-4 in connection with acquisition transactions or earn-out obligations under acquisition transactions) or substantially similar securities, or sell or grant options, rights or warrants with respect to any shares of Common Stock or securities convertible into or exchangeable for Common Stock or substantially similar securities (other than the grant of options pursuant to option plans existing on the date hereof), or (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any Preliminary Prospectus of the economic benefits or risks of ownership of such shares of Common Stock, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of Common Stock or other securities, in cash or otherwise, (3) make any demand for or exercise any right or file or cause to be filed a registration statement, including any amendments thereto, with respect to the Prospectus)registration of any shares of Common Stock or securities convertible, exercisable or exchangeable into Common Stock or any other securities of the Company or (4) publicly disclose the intention to do any of the foregoing, in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract Xxxxxx Brothers Inc. and Citigroup Global Markets Inc.; and to sell or otherwise dispose cause each of any securities that are substantially similar Xxxxxxx
X. Xxxxxx and Xxxxxx X. Xxxxxxxxx to furnish to the Securities.
(g) to pay the required Commission filing fees related Underwriters, prior to the Securities within Delivery Date, a letter or letters, substantially in the time period required by Rule 456(b)(1) under form of Exhibit A hereto (the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act“Lock-Up Letter Agreement”);
(hm) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not Not to take, directly or indirectly, any action designed to cause or that could result in, or which constitutes or which might reasonably be expected to cause or result in any constitute, the stabilization or manipulation of the price of the Securitiesshares of Common Stock (including the Stock) to facilitate the sale or resale of the Stock.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Underwriter and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than the Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by the rules and regulations of the Commission under the Act; to file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, within in the time period prescribed judgment of the Company or the Underwriter, be required by such Rulethe Act or requested by the Commission; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters Underwriter promptly after reasonable notice thereof; to advise the Underwriters Underwriter promptly after it receives notice thereof, of the time when the Registration Statement, or any such amendment thereto, has been filed or becomes effective or any supplement after such Closing Date to the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters Underwriter with copies thereof and thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period the Shares; to advise the Underwriters, Underwriter promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, thereof of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities Preliminary Prospectus or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Shares for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to the Securities Preliminary Prospectus or Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) promptly Promptly from time to time to take such action as the Underwriters Underwriter may reasonably request to qualify the Securities Shares for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Underwriter may reasonably request and to comply with continue such laws so as to permit the continuance of sales and dealings therein qualifications in effect in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesShares; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectjurisdiction;
(c) Prior to 10:00 a.m., New York City time, on the business day next succeeding the date of this Agreement and from time to time to furnish promptly to the Underwriters Underwriter and to counsel for the Underwriter a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith; prior to 10:00 a.m., New York City time, on the business day next succeeding the date of this Agreement and from time to time to deliver promptly to the Underwriter in New York City such number of the following documents as the Underwriter shall reasonably request: (i) conformed copies of the Registration Statement, Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this AgreementAgreement and the computation of per share earnings), any (ii) each Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments any amended or supplemented Prospectus and supplements to any of such documents (including iii) any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration StatementProspectus (excluding exhibits thereto); and, if the delivery of a prospectus is required at any Preliminary Prospectus or time prior to the Prospectus), in each case as soon as available and in such quantities as expiration of nine months after the Representatives may from time to time reasonably request;
(d) during the period in which of issue of the Prospectus relating to in connection with the Securities (offering or in lieu thereof, the notice referred to in Rule 173(a) sale of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from Shares and if at such time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs shall have occurred as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a any material fact necessary in order to make the statements therein, in the light of the circumstances then existingunder which they were made when such Prospectus is delivered, not misleading, or or, if for any other reason it shall be necessary during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus or file any document in order to comply with the Securities Act or the Exchange Act, to promptly notify the Representatives and, subject Underwriter and upon the Underwriter's request to Section 4(a) hereof, amend file such document and to prepare and furnish without charge to the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, Underwriter and to any dealer in securities as many copies as the case Underwriter may be, from time to time reasonably request of an amended Prospectus or file any document (in each case, at a supplement to the expense of the Company) so as to Prospectus which will correct such statement or omission or to effect such compliance, and in case any Underwriter is required to furnish without charge deliver a prospectus in connection with sales of any of the Shares at any time nine months or more after the time of issue of the Prospectus, upon the Underwriter's request but at the expense of the Underwriter, to each prepare and deliver to the Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives Underwriter may from time to time reasonably requestrequest of an amended or supplemented Prospectus complying with Section 10(a)(3) of the Act;
(ed) to To make generally available to security-its security holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings earning statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a11 (a) of the Securities Act and the rules and regulations of the Commission thereunder (including, at the option of the Company, Rule 158 thereunderunder the Act);
(e) For so long as any reports or proxy or information statements are required to be filed by the Company with the Commission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), to furnish to its stockholders as soon as practicable after the end of each fiscal year an annual report (including a balance sheet and statements of income, stockholders' equity and cash flow of the Company certified by independent public accountants);
(f) between During a period of three years from the effective date of this Agreement and the Closing DateRegistration Statement, neither to furnish to the CompanyUnderwriter, nor any upon its request, copies of its subsidiaries all reports or other affiliates over communications (financial or other) furnished to all stockholders, and deliver to the Underwriter as soon as they are available, copies of any reports and financial statements furnished to or filed with the Commission or any national securities exchange on which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent class of securities of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.Company is listed; and
(g) To use its best efforts to pay comply with the required Commission filing fees related rules and regulations of the New York Stock Exchange with respect to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale offering of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the SecuritiesShares.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with each of the UnderwritersUnderwriters of any Designated Shares as follows:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, Prospectus in relation to the Securities applicable Designated Shares in a form approved by the Underwriters Representatives and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities ActAct no later than the Commission’s close of business on the second business day following the execution and delivery of the Pricing Agreement relating to the applicable Designated Shares or, if applicable, such earlier time as may be required by Rule 424(b); to file any Issuer Free Writing Prospectus to the extent and within the time period prescribed period, required by such RuleRule 433 under the Securities Act; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date Time of this Agreement Sale and prior to the Closing Date any Time of Delivery for such Designated Shares which shall be disapproved by the Underwriters Representatives for such Designated Shares promptly after reasonable notice thereof; not to use, authorize, approve, refer to or file any Issuer Free Writing Prospectus which shall be disapproved by the Representatives for such Designated Shares promptly after reasonable notice thereof; to advise the Underwriters Representatives promptly of any such amendment or supplement to the Registration Statement or the Prospectus after any Time of Delivery for such Closing Date Designated Shares and furnish the Underwriters Representatives with copies thereof and thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company or the Operating Partnership with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, Designated Shares; and during such same period to advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of (i) the time when any amendment to the Registration Statement has been filed or becomes effective or any prospectus supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of (ii) the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing Prospectussuch Designated Shares, of (iii) the suspension of the qualification of such Securities Designated Shares for offering or sale in any jurisdiction, of (iv) the initiation or threatening of any proceeding for any such purposepurpose or pursuant to Section 8A of the Securities Act, or of (v) any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus Statement or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to the Securities Common Shares or suspending any such qualification, to promptly use its best efforts to obtain the withdrawal of such order;
(b) If required by Rule 430(B)(h) under the Securities Act, to prepare a form of prospectus in a form approved by you and to file such form of prospectus pursuant to Rule 424(b) under the Securities Act not later than may be required by Rule 424(b) under the Securities Act; and to make no further amendment or supplement to such form of prospectus which shall be disapproved by you promptly after reasonable notice thereof;
(c) Promptly from time to time to take such action as the Underwriters Representatives may reasonably request to qualify the Securities such Designated Shares for offer offering and sale under the securities laws of such jurisdictions within the United States as the Underwriters Representatives may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the Securitiessuch Designated Shares; provided provided, however, that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectjurisdiction;
(cd) to To furnish to the Underwriters such number of conformed with (i) two copies of the Registration Statement, Statement (as originally filed filed) and each amendment thereto (excluding exhibits other than this Agreement)thereto, any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments exhibits and supplements to any of such documents (including any document filed under the Exchange Act and incorporated or deemed to be incorporated by reference in therein; (ii) copies of the Registration Statement, any Preliminary Time of Sale Information; and (iii) copies of the Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during , and, if the period in which the Prospectus relating to the Securities delivery of a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) of under the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to at any time in force, so far as is necessary to permit connection with the continuance offering or sale of sales of or dealings in the Securities as contemplated by the provisions of this Agreement Designated Shares; and by the most recent Preliminary Prospectus and the Prospectus. If during if at such period time any event occurs shall have occurred as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a any material fact necessary in order to make the statements therein, in the light of the circumstances then existingunder which they were made when such Prospectus is delivered, not misleading, or or, if for any other reason it shall be necessary during such same period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package Prospectus or to file under the Exchange Act any document incorporated or deemed to be incorporated by reference in the Prospectus or file any document in order to comply with the Securities Act, the Exchange Act, to promptly notify the Representatives and, and subject to Section 4(a5(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or to prepare and file any such document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter and to any dealer in securities as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request of an amended Prospectus or a prospectus supplement to the Prospectus, which will correct such statement or omission or effect such compliance; and if at any time prior to the Time of Delivery any event shall have occurred as a result of which the Time of Sale Information as then amended or supplemented would include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading, or if for any other reason it is necessary to amend or supplement the Time of Sale Information to comply with the Securities Act or the Exchange Act, to notify the Representatives thereof and, subject to Section 5(a) hereof, prepare and file with the Commission (to the extent required) and to furnish to the Underwriters and to any dealer as the Representatives may reasonably request, such amendments or supplements to the Time of Sale Information as will correct such statement or omission or effect such compliance;
(ei) During the period beginning from the date of the Pricing Agreement for the Designated Shares and continuing to and including the date specified in the Pricing Agreement for such Designated Shares, without the prior written consent of the Representatives, not to, directly or indirectly, offer, sell, agree to offer or sell, solicit offers to purchase, grant any call option or purchase any put option with respect to, pledge, borrow or otherwise dispose of any Relevant Security (as defined below), or establish or increase any “put equivalent position” or liquidate or decrease any “call equivalent position” with respect to any Relevant Security (in each case within the meaning of Section 16 of the Exchange Act and the rules and regulations of the Commission thereunder), or otherwise enter into any swap, derivative or other transaction or arrangement that transfers to another, in whole or in part, any economic consequence of ownership of a Relevant Security, whether or not such transaction is to be settled by delivery of Relevant Securities, other securities, cash or other consideration; provided that the foregoing shall not restrict the issuance of Common Shares (w) upon the exercise of options or warrants, the conversion of Series A Preferred Shares of the Company or the redemption of units in the Operating Partnership, (x) pursuant to the Company’s distribution reinvestment and employee share purchase plans or (y) pursuant to equity-based awards granted in the ordinary course of business to trustees or employees of the Company under the Company’s long-term incentive plan, in each case of each of clause (w), (x) and (y) as outstanding or in effect on the date of the Pricing Agreement as described or incorporated by reference in the Prospectus and the Registration Statement; and (ii) at the First Time of Delivery, the Company shall have furnished to the Representatives a letter substantially in the form of Exhibit A attached hereto from each trustee and officer of the Company addressed to the Representatives. As used in this Section 5(e), the term “Relevant Security” means the Common Shares, any other equity security of the Company or any of its subsidiaries and any security convertible into, or exercisable or exchangeable for, any Common Shares or other such equity security.
(f) To make generally available to security-its security holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its consolidated subsidiaries (which including, without limitation, the Operating Partnership)(which need not be audited) complying with Section 11(a) of the Securities Act and the rules and regulations of the Commission thereunder (including, at the option of the Company, Rule 158 thereunder158);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to To apply the net proceeds from the sale of the Securities Designated Shares as described in the Disclosure Package Preliminary Prospectus and the Prospectus under the heading “Use of Proceeds”; andProspectus;
(ih) not Not to take, directly or indirectly, any action designed to or that could would constitute or that might reasonably be expected to cause or result in any in, under the Exchange Act or otherwise, stabilization or manipulation manipulation, which is contrary to any applicable law, of the price of any security of the SecuritiesCompany or the Operating Partnership to facilitate the sale or resale of the Common Shares;
(i) Not to be or become, at any time prior to the expiration of three years after any Time of Delivery, an “investment company” or an entity “controlled” by an “investment company” (as such terms are defined in the Investment Company Act);
(j) To use its best efforts to continue to be organized and operated in conformity with the requirements for qualification as a REIT under the Code for each of its taxable years for so long as the Board of Trustees of the Company deems it in the best interests of the Company’s shareholders to remain so qualified and not to be materially and adversely against the interests of the holders of the Designated Shares to fail to be so qualified; and
(k) To retain, pursuant to reasonable procedures developed in good faith, copies of each Issuer Free Writing Prospectus that is not filed with the Commission in accordance with Rule 433 under the Securities Act.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwriters:
(a) to prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to To prepare the Prospectus, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, pursuant to Rule 424(b) under the Securities Act, within not later than the time period prescribed by such RuleCommission’s close of business on the second Business Day following the date of the Prospectus; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereof; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing ProspectusSecurities, of the suspension of the qualification of such Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus Statement or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to the Securities or suspending any such qualification, to promptly use its best efforts to obtain the withdrawal of such order;
(b) promptly Promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; , provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to To furnish to the Underwriters such number of conformed with written and electronic copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities and on such locations as the Representatives Underwriters may from time to time reasonably request;
(d) during , and, if the period in which delivery of a prospectus is required at any time prior to the expiration of nine months after the time of issue of the Prospectus relating to in connection with the Securities (or in lieu thereof, the notice referred to in Rule 173(a) public offering of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from and if at such time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs shall have occurred as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a any material fact necessary in order to make the statements therein, in the light of the circumstances then existingunder which they were made when such Prospectus is delivered, not misleading, or if for any other reason it shall be necessary during such same period it is necessary to amend or supplement the Prospectus or to file under the Exchange Act any document incorporated by reference in the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document in order to comply with the Securities Act, the Exchange Act or the Trust Indenture Act, to promptly notify the Representatives andUnderwriters and upon the Underwriters’ request to file such document and to prepare and furnish, subject to Section 4(a) hereof, amend without charge to the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, Underwriters and to any dealer in securities as many written and electronic copies as the case Underwriters may be, from time to time reasonably request of an amended Prospectus or file any document (in each case, at a supplement to the expense of the Company) so as to Prospectus which will correct such statement or omission or to effect such compliance; and in case any Underwriter is required to deliver a prospectus in connection with the sales of the Securities at any time nine months or more after the time of issue of the Prospectus, upon such Underwriter’s request, to prepare and deliver to furnish without charge to each such Underwriter as many written and electronic copies as such Underwriter may request of any such amendment an amended or supplement as supplemented Prospectus complying with Section 10(a)(3) of the Representatives may from time to time reasonably requestSecurities Act;
(ed) to To make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the rules and regulations thereunder (including, at the option of the Company, Rule 158 thereunder158);
(fe) between During the period beginning on the date of this Agreement hereof and continuing to and including the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, not to offer, sell, contract to sell or otherwise dispose of any debt securities that are substantially similar to of the Securities.
(g) to pay Company without the required Commission filing fees related to prior consent of the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities ActUnderwriters;
(hf) to The Company will apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(ig) The Company will not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.
Appears in 1 contract
Samples: Underwriting Agreement (St Paul Travelers Companies Inc)
Further Agreements of the Company. The Company agrees with the UnderwritersPlacement Agent and the Purchasers:
(a) to To prepare the Final Term SheetRule 462(b) Registration Statement, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectusif necessary, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters Placement Agent and file such Rule 462(b) Registration Statement with the Commission on the date hereof; to prepare the Prospectus in a form approved by the Placement Agent containing information previously omitted at the time of effectiveness of the Registration Statement in reliance on rules 430A, 430B and 430C of the Rules and Regulations and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under of the Securities ActRules and Regulations not later than the second (2nd) business day following the execution and delivery of this Agreement or, within if applicable, such earlier time as may be required by Rule 430A of the time period prescribed by such RuleRules and Regulations; to notify the Placement Agent immediately of the Company’s intention to file or prepare any supplement or amendment to any Registration Statement or to the Prospectus and to make no further amendment or supplement to the Registration Statement, the General Disclosure Package or to the Prospectus to which the Placement Agent shall reasonably object by notice to the Company after a reasonable period to review; to advise the Placement Agent, promptly after it receives notice thereof, of the time when any amendment to any Registration Statement has been filed or becomes effective or any supplement to the Registration Statement General Disclosure Package or the Prospectus as or any amended or supplemented after Prospectus has been filed and to furnish the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice Placement Agent copies thereof; to advise file promptly all material required to be filed by the Underwriters promptly of any such amendment Company with the Commission pursuant to Rule 433(d) or supplement after such Closing Date and furnish 163(b)(2), as the Underwriters with copies thereof and case may be; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations) is required in connection with the offering or sale of such Securities, and during such same period the Shares; to advise the UnderwritersPlacement Agent, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or Preliminary Prospectus, any Issuer Free Writing Prospectus or the Prospectus, of the suspension of the qualification of such Securities the Shares for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus General Disclosure Package or any Issuer Free Writing the Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus, any Issuer Free Writing Prospectus or the Securities Prospectus or suspending any such qualification, and promptly to promptly use its best efforts to obtain the withdrawal of such order;.
(b) promptly from time to time to take such action as The Company represents and agrees that it has not made and, unless it obtains the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale prior consent of the SecuritiesPlacement Agent, it will not, make any offer relating to the Shares that would constitute a “free writing prospectus” as defined in Rule 405 of the Rules and Regulations unless the prior written consent of the Placement Agent has been received (each, a “Permitted Free Writing Prospectus”); provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general prior written consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, Placement Agent hereto shall be deemed to have been given in respect of the Issuer Free Writing Prospectus(es) included in Schedule A hereto. The Company represents that it has treated and agrees that it will treat each Permitted Free Writing Prospectus as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other an Issuer Free Writing Prospectus, comply with the Prospectus requirements of Rules 164 and all amendments 433 of the Rules and supplements Regulations applicable to any of such documents (Issuer Free Writing Prospectus, including the requirements relating to timely filing with the Commission, legending and record keeping and will not take any document filed under the Exchange Act and deemed to be incorporated by reference action that would result in the Registration Statement, any Preliminary Prospectus Placement Agent or the Prospectus), in each case as soon as available Company being required to file with the Commission pursuant to Rule 433(d) of the Rules and in such quantities as Regulations a free writing prospectus prepared by or on behalf of the Representatives may from time Placement Agent that the Placement Agent otherwise would not have been required to time reasonably request;file thereunder.
(dc) during the period in which the If at any time when a Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) Shares is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs or condition exists as a result of which the Disclosure Package or the Prospectus Prospectus, as then amended or supplemented supplemented, would include an any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading, or the Registration Statement, as then amended or supplemented, would include any untrue statement of a material fact or omit to state a material fact necessary to make the statements therein not misleading, or if for any other reason it is necessary at any time to amend or supplement any Registration Statement or the Prospectus to comply with the Securities Act or the Exchange Act, the Company will promptly notify the Placement Agent, and upon the Placement Agent’s request, the Company will promptly prepare and file with the Commission, at the Company’s expense, an amendment to the Registration Statement or an amendment or supplement to the Prospectus that corrects such statement or omission or effects such compliance and will deliver to the Placement Agent, without charge, such number of copies thereof as the Placement Agent may reasonably request. The Company consents to the use of the Prospectus or any amendment or supplement thereto by the Placement Agent.
(d) If the General Disclosure Package is being used to solicit offers to buy the Shares at a time when the Prospectus is not yet available to prospective purchasers and any event shall occur as a result of which, in the judgment of the Company or in the reasonable opinion of the Placement Agent, it becomes necessary to amend or supplement the General Disclosure Package in order to make the statements therein, in the light of the circumstances then existingunder which they were made, not misleading, or to make the statements therein not conflict with the information contained or incorporated by reference in the Registration Statement then on file and not superseded or modified, or if during such period it is necessary at any time to amend the Registration Statement or amend or supplement the General Disclosure Package to comply with any applicable law, the Company promptly will either (i) prepare, file with the Commission (if required) and furnish to the Placement Agent and any dealers an appropriate amendment or supplement to the General Disclosure Package or (ii) prepare and file with the Commission an appropriate filing under the Exchange Act which shall be incorporated by reference in the General Disclosure Package so that the General Disclosure Package as so amended or supplemented will not, in the light of the circumstances under which they were made, be misleading or conflict with the Registration Statement then on file, or so that the General Disclosure Package will comply with applicable law.
(e) If at any time following issuance of an Issuer Free Writing Prospectus there occurred or occurs an event or development as a result of which such Issuer Free Writing Prospectus conflicted or will conflict with the information contained in the Registration Statement, Pricing Prospectus or Prospectus, including any document incorporated by reference therein and any prospectus supplement deemed to be a part thereof and not superseded or modified or included or would include an untrue statement of a material fact or omitted or would omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading, the Company has promptly notified or will promptly notify the Placement Agent so that any use of the Issuer Free Writing Prospectus may cease until it is amended or supplemented and has promptly amended or will promptly amend or supplement, at its own expense, such Issuer Free Writing Prospectus to eliminate or correct such conflict, untrue statement or omission. The foregoing sentence does not apply to statements in or omissions from any Issuer Free Writing Prospectus in reliance upon, and in conformity with, written information furnished to the Company by the Placement Agent specifically for inclusion therein, which information the parties hereto agree is limited to the Placement Agent’s Information, and the Xxxxxx Information.
(f) To the extent not available on the Commission’s XXXXX system, to furnish promptly to the Placement Agent and to counsel for the Placement Agent a signed copy of the Registration Statement as originally filed with the Commission, and of each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(g) To the extent not available on the Commission’s XXXXX system, to deliver promptly to the Placement Agent in New York City such number of the following documents as the Placement Agent shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission (in each case excluding exhibits), (ii) each Preliminary Prospectus (if any), (iii) any Issuer Free Writing Prospectus, (iv) the Prospectus (the delivery of the documents referred to in clauses (i), (ii), (iii) and (iv) of this paragraph (g) to be made not later than 10:00 A.M., New York City time, on the business day following the execution and delivery of this Agreement), (v) conformed copies of any amendment to the Registration Statement (excluding exhibits), (vi) any amendment or supplement to the General Disclosure Package or the Prospectus (the delivery of the documents referred to in clauses (v) and (vi) of this paragraph (g) to be made not later than 10:00 A.M., New York City time, on the business day following the date of such amendment or file supplement) and (vii) any document to comply with incorporated by reference in the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the General Disclosure Package or the Prospectus, as Prospectus (excluding exhibits thereto) (the case may be, or file any document (in each case, at the expense delivery of the Companydocuments referred to in clause (vi) so as of this paragraph (g) to correct be made not later than 10:00 A.M., New York City time, on the business day following the date of such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;document).
(eh) to To make generally available to security-holders of the Company its shareholders as soon as practicable, but in any event not later than eighteen (18) months after the “effective date of the Registration Statement date” (as defined in Rule 158(c) under of the Securities Act)Rules and Regulations) of each Registration Statement, an earnings statement of the Company and its consolidated subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158 thereunder158);; and to furnish to its shareholders as soon as practicable after the end of each fiscal year an annual report (including a balance sheet and statements of income, shareholders’ equity and cash flows of the Company and its consolidated subsidiaries certified by independent public accountants) and as soon as practicable after each of the first three fiscal quarters of each fiscal year (beginning with the first fiscal quarter after the effective date of such Registration Statement), consolidated summary financial information of the Company and its subsidiaries for such quarter in reasonable detail.
(fi) between To take promptly from time to time such actions as the Placement Agent may reasonably request to qualify the Shares for offering and sale under the securities or Blue Sky laws of such jurisdictions (domestic or foreign) as the Placement Agent may designate and to continue such qualifications in effect, and to comply with such laws, for so long as required to permit the offer and sale of the Securities in such jurisdictions; provided that the Company and its subsidiaries shall not be obligated to qualify as foreign corporations in any jurisdiction in which they are not so qualified or to file a general consent to service of process in any jurisdiction.
(j) To the extent not available on the Commission’s XXXXX system, upon request, during the period of two (2) years from the date hereof, to deliver to the Placement Agent upon request, (i) as soon as they are available, copies of this Agreement all reports or other communications furnished to shareholders, and (ii) as soon as they are available, copies of any reports and financial statements furnished or filed with the Commission or any national securities exchange or automatic quotation system on which the Common Stock is listed or quoted.
(k) [Intentionally omitted]
(l) To supply the Placement Agent with copies of all correspondence to and from, and all documents issued to and by, the Commission in connection with the registration of the Shares under the Securities Act or the Registration Statement, any Preliminary Prospectus or the Prospectus, or any amendment or supplement thereto or document incorporated by reference therein.
(m) Prior to the Closing Date, neither to furnish to the Placement Agent, as soon as they have been prepared, copies of any unaudited interim consolidated financial statements of the Company for any periods subsequent to the periods covered by the financial statements appearing in or incorporated by reference into the Registration Statement and the Prospectus.
(n) Prior to the Closing Date, not to issue any press release or other communication directly or indirectly or hold any press conference with respect to the Company, nor any its condition, financial or otherwise, or earnings, business affairs or business prospects (except for routine oral marketing communications in the ordinary course of its subsidiaries or other affiliates over business and consistent with the past practices of the Company and of which it exercises management or voting control, nor any person acting on their behalf willthe Placement Agent is notified), without the prior written consent of the RepresentativesPlacement Agent, offerwhich shall not be unreasonably withheld or delayed, sellunless in the judgment of the Company and its counsel, contract to sell or otherwise dispose of any securities that are substantially similar and after notification to the SecuritiesPlacement Agent, such press release or communication is required by law.
(go) Until the Placement Agent shall have notified the Company of the completion of the offering of the Shares, that the Company will not, and will cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, any Shares, or attempt to pay induce any person to purchase any Shares and not to, and to cause its affiliated purchasers not to, make bids or purchase for the required Commission filing fees related purpose of creating actual, or apparent, active trading in or of raising the price of the Shares.
(p) Not to take any action prior to the Securities within Closing Date which would require the time period required by Rule 456(b)(1) under the Securities Act without regard Prospectus to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;be amended or supplemented pursuant to Section 5.
(hq) To at all times comply with all applicable provisions of the Xxxxxxxx-Xxxxx Act in effect from time to time.
(r) To apply the net proceeds from the sale of the Securities Shares as described set forth in the Registration Statement, the General Disclosure Package and the Prospectus under the heading “Use of Proceeds.”; and
(is) not To use its best efforts to takelist, directly effect and maintain, subject to notice of issuance, the Common Stock on NASDAQ.
(t) To use its best efforts to assist the Placement Agent and its counsel with any filings with FINRA and obtaining clearance from FINRA as to the amount of compensation allowable or indirectly, any action designed payable to the Placement Agent.
(u) To use its best efforts to do and perform all things required to be done or that could reasonably be expected performed under this Agreement by the Company prior to cause or result in any stabilization or manipulation the Closing Date and to satisfy all conditions precedent to the delivery of the price of the SecuritiesShares.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwriterscovenants and agrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representative and to file or cause to be filed with the Commission such Prospectus, Final Prospectus pursuant to Rule 424(b) under of the Rules not later than the Commission’s close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) of the Rules; for so long as the delivery of a prospectus is required in connection with the offering and sale of the Securities Act(or in lieu thereof, within the time period prescribed by such Rule; notice referred to in Rule 173(a) of the Rules): (i) to make no further amendment or any supplement to the Registration Statement or to the Final Prospectus as amended or supplemented after unless the date of this Agreement and Company has furnished to you a copy for your review prior to filing or transmission for filing of the Closing Date which shall be disapproved by same with or to the Underwriters Commission, (ii) to advise you, promptly after reasonable it receives notice thereof; , of the time when any amendment to advise the Underwriters promptly of Registration Statement has been filed or becomes effective or any such amendment or supplement after such Closing Date to the Prospectus has been filed and to furnish the Underwriters you with copies thereof thereof, (iii) to file promptly all material required to be filed in connection with the offering of the Securities by the Company with the Commission pursuant to Rule 433(d) of the Rules, and (iv) to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as subsequent to the delivery date of a prospectus is required in connection with the offering or sale of such Securities, and during such same period Final Prospectus; to advise the UnderwritersRepresentative, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus, the Securities Final Prospectus or any Issuer Free Writing Prospectus, of the suspension of the qualification of such the Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Final Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Base Prospectus, any Preliminary Prospectus, the Securities Final Prospectus or any Issuer Free Writing Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to the Representative and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Representative such number of the following documents as the Representative shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits and documents incorporated by reference therein that are available through the Commission’s Electronic Data Gathering and Retrieval System) and (ii) each Preliminary Prospectus, the Final Prospectus, any amended or supplemented Final Prospectus, and any Issuer Free Writing Prospectus; and, if the delivery of a prospectus is required at any time after the Applicable Time in connection with the offering or sale of the Securities and if at such time any events shall have occurred as a result of which the Disclosure Package or the Final Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when the Disclosure Package or the Final Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Disclosure Package or the Final Prospectus in order to comply with the Securities Act, to notify the Representative and, upon their request, to file such document and to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Representative may from time to time reasonably request of such amended or supplemented Disclosure Package or Final Prospectus which will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Final Prospectus or any supplement to the Final Prospectus that may, in the judgment of the Company or the Representative, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Final Prospectus or any prospectus pursuant to Rule 424(b) of the Rules, to furnish a copy thereof to the Representative and counsel for the Underwriters and obtain the consent of the Representative to the filing thereof, which consent shall not be unreasonably withheld;
(f) As soon as practicable after the date of the Final Prospectus, to make generally available to the Company’s security holders and to deliver to the Representative an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules (including, at the option of the Company, Rule 158 of the Rules);
(g) For a period of five years following the date of the Final Prospectus, upon request by the Representative, to furnish to the Representative copies of all materials furnished by the Company to its shareholders and all public reports and all reports and financial statements furnished by the Company to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder, unless such materials, reports or financial statements are available on XXXXX;
(h) Promptly from time to time to take such action as the Underwriters Representative may reasonably request to qualify the Securities for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Representative may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectjurisdiction;
(ci) to furnish to During a period of 90 days from the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectusdate hereof, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf willwill not, without the prior written consent of the RepresentativesRepresentative, (i) directly or indirectly, offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase or otherwise transfer or dispose of any share of Common Stock or any securities convertible into or exercisable or exchangeable for Common Stock or file any registration statement under the Securities Act with respect to any of the foregoing or (ii) enter into any swap or any other agreement or any transaction that are substantially similar transfers, in whole or in part, directly or indirectly, the economic consequence of ownership of the Common Stock, whether any such swap or transaction described in clause (i) or (ii) above is to be settled by delivery of Common Stock or such other securities, in cash or otherwise. The foregoing sentence shall not apply to (A) the Securities.Securities to be sold hereunder, (B) any shares of Common Stock issued by the Company upon the exercise of an option or warrant or the conversion of a security outstanding on the date hereof and referred to in the Final Prospectus, (C) any shares of Common Stock issued or options to purchase Common Stock granted pursuant to existing employee benefit plans of the Company referred to in the Final Prospectus, (D) any shares of Common Stock issued pursuant to any non-employee director stock plan or dividend reinvestment plan, (E) issuances by the Company of shares of Common Stock in connection with the acquisition of another corporation or entity or the acquisition of the assets or properties of any such corporation or entity, so long as the aggregate amount of such issuances does not exceed 10% of the total number of outstanding shares of Common Stock following the issuance of the Firm Shares and, if applicable, the Optional Shares or (F) issuances by the Company of shares of Common Stock in connection with the acquisition by another corporation or entity of the Common Stock, so long as the aggregate amount of such issuances does not exceed 10% of the total number of outstanding shares of Common Stock following the issuance of the Firm Shares and, if applicable, the Optional Shares;
(gj) to To pay the required Commission filing fees related relating to the Securities within the time period required by Rule 456(b)(1) under of the Securities Act Rules without regard to the proviso therein and otherwise in accordance with Rules 456(b) and Rule 457(r) under of the Securities Act;Rules; and
(hk) to To apply the net proceeds from the sale of the Securities as described set forth in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the SecuritiesFinal Prospectus.
Appears in 1 contract
Samples: Underwriting Agreement (Principal Financial Group Inc)
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Underwriter and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than the Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofProspectus except as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersUnderwriter, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriter with copies thereof; to advise the CommissionUnderwriter, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to the Underwriter and to counsel for the Underwriter a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Underwriter such number of the following documents as the Underwriter shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits) and, (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus; and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Stock or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Underwriter and, upon its request, to file such document and to prepare and furnish without charge to the Underwriter and to any dealer in securities as many copies as the Underwriter may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the judgment of the Company or the Underwriter, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus, any document incorporated by reference in the Prospectus or any prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Underwriter and counsel for the Underwriter and obtain the consent of the Underwriter to the filing; provided, that the foregoing restriction shall not preclude the Company from (x) filing without the consent of the Underwriter any document required to be filed under the Exchange Act or (y) after the period set forth in Section 6(i) of this Agreement, amending the Registration Statement or filing a prospectus;
(f) As soon as practicable after the Effective Date, to make generally available to the Company's security holders and to deliver to the Underwriter an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) For a period of three years following the Effective Date, to furnish to the Underwriter copies all materials furnished by the Company to its stockholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Common Stock may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder; provided however that the Company shall not be required to provide the Underwriter with any such reports, registration statements or similar forms that have been filed with the Commission by electronic transmission pursuant to EDGAR;
(h) Promptly from time to time to take such action xxxxxn as the Underwriters Underwriter may reasonably request to qualify the Securities Stock for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Underwriter may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesStock; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectjurisdiction;
(ci) to furnish Prior to the Underwriters such number of conformed copies Effective Date, to apply, to the extent necessary, for the listing of the Registration StatementStock on the New York Stock Exchange and to use its best efforts to complete that listing, as originally filed and each amendment thereto (excluding exhibits other than this Agreement)subject only to official notice of issuance, any Preliminary Prospectus, prior to the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably requestDelivery Date;
(dj) during To take such steps as shall be necessary to ensure that neither the period in which Company nor any subsidiary shall become an "investment company" within the Prospectus relating to meaning of such term under the Securities (or in lieu thereof, Investment Company Act of 1940 and the notice referred to in Rule 173(a) rules and regulations of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 Commission thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(ik) To not to take, directly or indirectly, indirectly take any action designed to or that could which has constituted or which might reasonably be expected to cause or result in any in, under the Exchange Act or otherwise, stabilization or manipulation of the price of any security of the SecuritiesCompany to facilitate the sale or resale of the Stock.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersto use its commercially reasonable efforts:
(a) to To prepare the Registration Statement, Basic Prospectus, any Interim Prospectus or Final Term SheetProspectus, substantially and any amendments and supplements thereto required in connection with any Remarketing, in a form reasonably acceptable to the form of Schedule 3 hereto Remarketing Agent and approved by to file any such documents with the Representatives and file the Final Term Sheet Commission pursuant to Rule 433(d) of the Securities Act within as required by the Securities Act and the Rules.
(b) To advise the Remarketing Agent, promptly after it receives notice thereof, of the time period prescribed by such Rule; to prepare the Prospectus, as amended when any registration statement or supplemented, in relation to the Securities in a form approved by the Underwriters and to file or cause to be any amendment thereto has been filed with the Commission such Prospectusor becomes effective, pursuant to Rule 424(band when any prospectus (preliminary or final) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to thereto has been filed, in each such case excluding documents incorporated by reference therein; during the Registration Statement or Prospectus as amended or supplemented after the date term of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereof; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period Act; to advise the UnderwritersRemarketing Agent, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities (Interim Prospectus or Final Prospectus) or any Issuer Free Writing Prospectussupplement thereto filed or prepared in connection with this Agreement, of the suspension of the qualification of such any Remarketed Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus such registration statement or any Issuer Free Writing Prospectus prospectus or amendment or supplement thereto or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to the Securities (Basic Prospectus, Interim Prospectus or Final Prospectus) or supplement thereto or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such order;its withdrawal.
(bc) To deliver or make available promptly to the Remarketing Agent a reasonable number of the following documents as the Remarketing Agent shall request (i) conformed copies of the Registration Statement prepared in connection with any Remarketing as originally filed with the Commission and each amendment thereto (in each case excluding exhibits), any Interim Prospectus or Final Prospectus prepared in connection with any Remarketing and any supplements thereto; (ii) copies of the Certificate of Designations and the Calculation Agent Agreement, and any amendment to any such document thereof, and each report or other document mailed or made available to holders of the Preferred Stock; and (iii) if the delivery of a prospectus is required at any time in connection with a Remarketing and if at such time any event has occurred as a result of which the Final Prospectus as then supplemented would include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in light of the circumstances under which they were made when such Final Prospectus is delivered, not misleading, or if for any other reason it shall be necessary during such same period to amend or supplement the Final Prospectus or to file under the Exchange Act any document incorporated by reference in the Final Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Remarketing Agent, and upon its request, to file such document and to prepare and furnish without charge to the Remarketing Agent and to any dealer in shares of the Remarketed Securities a reasonable number of copies as the Remarketing Agent may from time to time request of an amended or supplemented Final Prospectus which will correct such statement or omission or effect such compliance.
(d) Prior to filing with the Commission any amendment to any Registration Statement or supplement to any Interim Prospectus or Final Prospectus filed or prepared in connection with any Remarketing under Rule 424 of the Rules, to furnish or make available a copy thereof to the Remarketing Agent and counsel to the Remarketing Agent and obtain the consent of the Remarketing Agent to such filing, which consent shall not be unreasonably withheld.
(e) Promptly from time to time to take such action as the Underwriters Remarketing Agent may reasonably request to qualify the Remarketed Securities for offer offering and sale under the securities or laws of such jurisdictions as the Underwriters Remarketing Agent may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the Remarketed Securities; provided that in connection therewith therewith, the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;jurisdiction.
(cf) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to The Company will make generally available to security-its security holders of and deliver to the Company Remarketing Agent as soon as practicable, but in any event not later than eighteen months reasonably practicable after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act)any Final Prospectus, an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the SecuritiesRules).
(g) During the period when a Final Prospectus is required to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) be delivered under the Securities Act without regard or the Exchange Act in connection with sale of Remarketed Securities, to file all documents required to be filed by it with the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under Commission pursuant to Section 13, 14 or 15 of the Securities Exchange Act within the time periods required by the Exchange Act;.
(h) The Company will use its reasonable efforts to apply take all reasonable action necessary to enable Standard & Poor's Corporation ("S&P") and Xxxxx'x Investors Services, Inc. ("Moody's") or any other nationally recognized rating organization to provide their respective credit ratings for the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Remarketed Securities.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with and the UnderwritersTrust agree, jointly and severally agree to use their reasonable best efforts:
(a) to To prepare the Final Term SheetRegistration Statement, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare Preliminary Prospectus or the Prospectus, as amended or supplementedif none is required, a remarketing memorandum, including any preliminary remarketing memorandum, in relation to the Securities each case, in a form approved by the Underwriters Remarketing Agent, in connection with the Remarketing, and to file or cause to be filed with the Commission any such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act within the period required by the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement Statement, the Preliminary Prospectus, Prospectus or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date Remarketing Materials which shall be reasonably disapproved by the Underwriters Remarketing Agent promptly after reasonable reasonably notice thereof; to advise the Underwriters Remarketing Agent, promptly after either of them receives notice thereof, of the time when any such amendment to the Registration Statement has been filed or becomes effective or any supplement after such Closing Date to the Preliminary Prospectus or the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters Remarketing Agent with copies thereof and thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Remarketed Trust Preferred Securities, and during such same period ; to advise the UnderwritersRemarketing Agent, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities Prospectus or any Issuer Free Writing Prospectusthe Remarketing Materials, of the suspension of the qualification of such the Remarketed Trust Preferred Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any the Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus the Remarketing Materials or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or any Prospectus or the Securities Remarketing Materials or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such order;.
(b) To furnish promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request Remarketing Agent and to comply with such laws so as to permit counsel for the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale Remarketing Agent a signed copy of the Securities; provided that in connection therewith Registration Statement as originally filed with the Company shall not be required to qualify as a foreign corporationCommission, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(c) Prior to furnish 10:00 a.m. New York City time, on the New York Business Day (as defined in the Purchase Contract Agreement) next succeeding the date of this Agreement and from time to time, to deliver promptly to the Underwriters Remarketing Agent in New York City such number of the following documents as the Remarketing Agent shall request: (i) conformed copies of the Registration Statement, Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet Declaration, the Purchase Contract Agreement and any other Issuer Free Writing the Indenture, (ii) the Preliminary Prospectus, the Prospectus and all amendments and supplements to any of such documents amended or supplemented Preliminary Prospectus or Prospectus, (including iii) any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration StatementPreliminary Prospectus, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during Remarketing Materials (excluding exhibits thereto) and (iv) any Remarketing Materials; and, if the delivery of a prospectus is required at any time in connection with the Remarketing and if at such period time any event occurs shall have occurred as a result of which the Disclosure Package Preliminary Prospectus or Prospectus or the Prospectus Remarketing Materials as then amended or supplemented would include an any untrue statement of a material fact or omit to state a any material fact necessary in order to make the statements therein, in the light of the circumstances then existingunder which they were made when such Prospectus or the Remarketing Materials, as applicable, is delivered, not misleading, or if for any other reason it shall be necessary during such same period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package Preliminary Prospectus or Prospectus and the Remarketing Materials or to file under the Exchange Act any document incorporated by reference in the Prospectus or file any document in order to comply with the Securities Act or the Exchange Act, to promptly notify the Representatives Remarketing Agent and, subject upon its request, to Section 4(a) hereof, amend file such document and to prepare and furnish without charge to the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, Remarketing Agent and to any dealer in Securities as many copies as the case Remarketing Agent may be, from time to time request of an amended or file any document (in each case, at the expense of the Company) so as to supplemented Prospectus which will correct such statement or omission or to effect such compliance.
(d) To file promptly with the Commission any amendment to the Registration Statement, and the Preliminary Prospectus, or the Prospectus or any supplement to the Preliminary Prospectus or Prospectus that may, in the judgment of the Company or the Remarketing Agent, be required by the Securities Act or requested by the Commission.
(e) Prior to filing with the Commission (i) any amendment to the Registration Statement or supplement to the Preliminary Prospectus or Prospectus or any document incorporated by reference in the Prospectus or (ii) any Preliminary Prospectus or Prospectus pursuant to Rule 424 of the Securities Act, to furnish without charge a copy thereof to each Underwriter as many written the Remarketing Agent and electronic copies of counsel for the Remarketing Agent; and not to file any such amendment or supplement as which shall be disapproved by the Representatives may from time to time reasonably request;Remarketing Agent promptly by reasonable notice.
(ef) to To make generally available to security-holders securityholders of the Company and of the Trust and to deliver to the Remarketing Agent, as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunderunder the Securities Act);
; as soon as practicable after the Effective Date of the Registration Statement to make generally available to the Company's securityholders and to deliver to the Remarketing Agent an earnings statement of the Company and its subsidiaries (fwhich need not be audited) between complying with Section 11(a) of the date Securities Act (including, at the option of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the SecuritiesRule 158).
(g) Promptly from time to pay time to take such action as the required Commission filing fees related Remarketing Agent may reasonably request to qualify the Remarketed Trust Preferred Securities within and the time period required by Rule 456(b)(1) obligations of the Company under the Notes and the Guarantee for offering and sale under the Securities Act without regard laws of such jurisdictions as the Remarketing Agent may reasonably request and to comply with such laws so as to permit the proviso continuance of sales and dealings therein and otherwise in accordance with Rules 456(b) and 457(r) under such jurisdictions for as long as may be necessary to complete the Securities Act;
(h) to apply the net proceeds from the sale distribution of the Securities Trust Preferred Securities; provided that in connection therewith, neither the Company nor the Trust shall be required to qualify as described in the Disclosure Package and the Prospectus under the heading “Use a foreign corporation or to file a general consent to service of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result process in any stabilization or manipulation of the price of the Securitiesjurisdiction.
Appears in 1 contract
Samples: Remarketing Agreement (Raytheon Co/)
Further Agreements of the Company. The Company agrees with the Underwritersto use its reasonable best efforts:
(a) To prepare any registration statement or prospectus and any amendment and supplemental amendment thereto in each case, in a form reasonably acceptable to prepare the Final Term SheetRemarketing Agent, substantially in connection with the form of Schedule 3 hereto and approved by the Representatives and Remarketing, and, if required, to file the Final Term Sheet any such prospectus pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities in a form approved required by the Underwriters Rules and to file or cause to be filed with the Commission such Prospectus, pursuant to Rule 424(b) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofRegulations; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersRemarketing Agent, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and (or the Prospectus Remarketing Materials) or any amended Prospectus (or the Remarketing Materials) has been filed and to furnish the Remarketing Agent with copies thereof; to file all reports and any definitive proxy or information statements required to be filed by the Company with the CommissionCommission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of Remarketed Debentures; to advise the Remarketing Agent, after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities Prospectus or any Issuer Free Writing Prospectusthe Remarketing Materials, of the suspension of the qualification of such Securities the Remarketed Debentures for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus the Remarketing Materials or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Prospectus or the Securities Remarketing Materials or suspending any such qualification, to promptly use its commercially reasonable best efforts to obtain the withdrawal of such order;
(b) promptly To furnish to the Remarketing Agent and to counsel for the Remarketing Agent a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) Prior to 10:00 a.m. New York City time, on the Business Day next succeeding the date of this Agreement and from time to time, to deliver to the Remarketing Agent in New York City such number of the following documents as the Remarketing Agent shall reasonably request:
(i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto,
(ii) the Prospectus or the Remarketing Materials and any amended or supplemented Prospectus or the Remarketing Materials,
(iii) any document incorporated by reference in the Prospectus and the Remarketing Materials (excluding exhibits thereto), and
(iv) any Remarketing Materials; and, if the delivery of a prospectus is required at any time in connection with the Remarketing and if at such time any event shall have occurred as a result of which the Prospectus or the Remarketing Materials as then amended or supplemented would include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus or the Remarketing Materials, as applicable, is delivered, not misleading, or if for any other reason it shall be necessary during such same period to amend or supplement the Prospectus and the Remarketing Materials or to file under the Exchange Act any document incorporated by reference in the Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Remarketing Agent and, upon its request, to file such document and to prepare and furnish without charge to the Remarketing Agent and to any dealer in securities as many copies as the Remarketing Agent may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance;
(d) To file with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the judgment of the Company or the Remarketing Agent, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission (i) any amendment to the Registration Statement or supplement to the Prospectus or any document incorporated by reference in the Prospectus or (ii) any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Remarketing Agent and counsel for the Remarketing Agent;
(f) To make generally available to securityholders of the Company and to deliver to the Remarketing Agent, as soon as practicable, but in any event not later than eighteen months after October 1, 2004, an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158); and
(g) From time to time to take such action as the Underwriters Remarketing Agent may reasonably request to qualify the Securities Remarketed Debentures for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Remarketing Agent may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale offering of the SecuritiesDebentures; provided that in connection therewith therewith, the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securitiesjurisdiction.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersseveral Underwriters that:
(a) to The Company will prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representative containing information previously omitted at the time of effectiveness of the Registration Statement in reliance on rules 430A, 430B and 430C and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities ActAct not later than the second business day following the execution and delivery of this Agreement or, within if applicable, such earlier time as may be required by Rule 430A of the time Rules and Regulations; during the period prescribed by such Rule; beginning on the Applicable Time and ending on the Option Closing Date, to notify the Representative immediately of the Company’s intention to file or prepare any supplement or amendment to the Registration Statement or to the Prospectus and to make no further amendment or supplement to the Registration Statement, the General Disclosure Package or the Prospectus to which the Representative shall reasonably object by notice to the Company after a reasonable period to review; to advise the Representative, promptly after it receives notice thereof, of the time when any amendment to any Registration Statement has been filed or becomes effective or any supplement to the Registration Statement General Disclosure Package or the Prospectus as or any amended or supplemented after the date of this Agreement Prospectus has been filed and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereof; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and thereof; to file promptly all material required to be filed by the Company with the Commission pursuant to Rule 433(d) or 163(b)(2), as the case may be; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) under the Securities Act) is required in connection with the offering or sale of such Securities, and during such same period the Stock; to advise the UnderwritersRepresentative, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or Preliminary Prospectus, any Issuer Free Writing Prospectus or the Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus General Disclosure Package or any Issuer Free Writing the Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus, any Issuer Free Writing Prospectus or the Securities Prospectus or suspending any such qualification, will promptly to promptly use its best efforts to obtain the withdrawal of such order;.
(b) promptly from time The Company represents and agrees that, unless it obtains the prior consent of the Representative it has not and will not make any offer relating to time to take such action the Stock that would constitute a “free writing prospectus” as the Underwriters may reasonably request to qualify defined in Rule 405 under the Securities for offer and sale under Act unless the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale prior written consent of the SecuritiesRepresentative has been received (each, a “Permitted Free Writing Prospectus”); provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general prior written consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, Representative hereto shall be deemed to have been given in respect of the Issuer Free Writing Prospectuses included in Schedule B hereto. The Company represents that it has treated and agrees that it will treat each Permitted Free Writing Prospectus as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other an Issuer Free Writing Prospectus, comply with the Prospectus requirements of Rules 164 and all amendments and supplements 433 under the Securities Act applicable to any Issuer Free Writing Prospectus, including the requirements relating to timely filing with the Commission, legending and record keeping and will not take any action that would result in an Underwriter or the Company being required to file with the Commission pursuant to Rule 433(d) under the Securities Act a free writing prospectus prepared by or on behalf of such documents Underwriter that such Underwriter otherwise would not have been required to file thereunder. The Company consents to the use by any Underwriter of a free writing prospectus that is not an “issuer free writing prospectus” as defined in Rule 433 and contains only information describing the preliminary terms of the Stock or this offering.
(including c) If at any document filed under time prior to the Exchange Act and deemed to be incorporated by reference in expiration of nine (9) months after the later of (i) the latest effective date of the Registration Statement, any Preliminary Prospectus Statement or (ii) the date of the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus when a prospectus relating to the Securities Stock is required to be delivered (or in lieu thereof, the notice referred to in Rule 173(a) of under the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs or condition exists as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an any untrue statement of a material fact fact, or omit to state a any material fact necessary to make the statements therein, in light of the circumstances under which they were made when the Prospectus is delivered (or in lieu thereof, the notice referred to in Rule 173(a) under the Securities Act), not misleading, or if it is necessary at any time to amend or supplement the Registration Statement or the Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus to comply with the Securities Act or the Exchange Act, that the Company will promptly notify the Representative thereof and upon their request will prepare an appropriate amendment or supplement or upon their request make an appropriate filing pursuant to Section 13 or 14 of the Exchange Act which will correct such statement or omission or effect such compliance and will use its best efforts to have any such amendment declared effective as soon as possible. The Company will furnish without charge to each Underwriter and to any dealer in securities as many copies as the Representative may from time to time reasonably request of such amendment or supplement. In case any Underwriter is required to deliver a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) under the Securities Act) relating to the Stock nine (9) months or more after the later of (i) the latest effective date of the Registration Statement or (ii) the date of the Prospectus, the Company upon the request of the Representative and at the expense of such Underwriter will prepare promptly an amended or supplemented Prospectus as may be necessary to permit compliance with the requirements of Section 10(a)(3) of the Securities Act.
(d) If the General Disclosure Package is being used to solicit offers to buy the Stock at a time when the Prospectus is not yet available to prospective purchasers and any event shall occur as a result of which, in the judgment of the Company or in the reasonable opinion of the Underwriters, it becomes necessary to amend or supplement the General Disclosure Package in order to make the statements therein, in the light of the circumstances then existingprevailing, not misleading, or to make the statements therein not conflict with the information contained or incorporated by reference in the Registration Statement then on file and not superseded or modified, or if during such period it is necessary at any time to amend the Registration Statement or amend or supplement the General Disclosure Package to comply with any law, the Company promptly will either (i) prepare, file with the Commission (if required) and furnish to the Underwriters and any dealers an appropriate amendment or supplement to the General Disclosure Package or (ii) prepare and file with the Commission an appropriate filing under the Exchange Act which shall be incorporated by reference in the General Disclosure Package so that the General Disclosure Package as so amended or supplemented will not, in the light of the circumstances then prevailing, be misleading or conflict with the Registration Statement then on file, or so that the General Disclosure Package will comply with law.
(e) If at any time following issuance of an Issuer Free Writing Prospectus there occurred or occurs an event of development as a result of which such Issuer Free Writing Prospectus conflicted or will conflict with the information contained in the Registration Statement, Pricing Prospectus or Prospectus, including any document incorporated by reference therein and any prospectus supplement deemed to be a part thereof and not superseded or modified or included, or would include an untrue statement of a material fact or omitted or would omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances prevailing at the subsequent time, not misleading; the Company will promptly notify the Representative and will, if requested by SX Xxxxx, promptly prepare and furnish, without charge, to each Underwriter an Issuer Free Writing Prospectus which corrects such conflict, untrue statement or omission.
(f) To furnish promptly to each of the Representative and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(g) To deliver promptly to the Representative in New York City such number of the following documents as the Representative shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission (in each case excluding exhibits), (ii) each Preliminary Prospectus, if any, (iii) any Issuer Free Writing Prospectus, (iv) the Prospectus (the delivery of the documents referred to in clauses (i), (ii), (iii) and (iv) of this paragraph (g) to be made not later than 10:00 A.M., New York time, on the second business day following the execution and delivery of this Agreement), (v) conformed copies of any amendment to the Registration Statement (excluding exhibits), (vi) any amendment or supplement to the General Disclosure Package or the Prospectus (the delivery of the documents referred to in clauses (v) and (vi) of this paragraph (g) to be made not later than 10:00 A.M., New York City time, on the business day following the date of such amendment or file supplement) and (vii) any document to comply with incorporated by reference in the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the General Disclosure Package or the Prospectus, as Prospectus (excluding exhibits thereto) (the case may be, or file any document (in each case, at the expense delivery of the Companydocuments referred to in clause (vii) so as of this paragraph (g) to correct such statement or omission or to effect such compliancebe made not later than 10:00 A.M., and to furnish without charge to each Underwriter as many written and electronic copies New York City time, on the business day following the date of any such amendment or supplement as the Representatives may from time to time reasonably request;document).
(eh) to To make generally available to security-holders of the Company its shareholders as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158 thereunder158);.
(fi) between The Company will promptly take from time to time such actions as the Representative may reasonably request to qualify the Stock for offering and sale under the securities or Blue Sky laws of such jurisdictions as the Representative may designate and to continue such qualifications in effect for so long as required for the distribution of the Stock; provided that the Company and its subsidiaries shall not be obligated to qualify as foreign corporations in any jurisdiction in which they are not so qualified or to file a general consent to service of process in any jurisdiction.
(j) During the period of five years from the date hereof, the Company will deliver to the Representative and, upon request, to each of the other Underwriters, (i) as soon as they are available, copies of all reports or other communications furnished to shareholders and (ii) as soon as they are available, copies of any reports and financial statements furnished or filed with the Commission pursuant to the Exchange Act or any national securities exchange or automatic quotation system on which the Stock is listed or quoted. The EXXXX filing or furnishing of any such report, communication or financial statement with the Commission under Section 13(a), 13(c), 14 or 15(d) of the Exchange Act shall be deemed to satisfy the requirement to deliver such report, communication or financial statement to the Representative or Underwriters.
(k) The Company will not directly or indirectly offer, sell, assign, transfer, pledge, contract to sell, or otherwise dispose of any shares of Common Stock or securities convertible into or exercisable or exchangeable for Common Stock for a period of 90 days from the date of this Agreement the Prospectus without the prior written consent of SX Xxxxx other than the Company’s sale of the Stock hereunder and the issuance of shares pursuant to employee benefit plans, qualified stock option plans or other employee compensation plans existing on the date hereof or pursuant to currently outstanding options, warrants or rights. The Company will cause each officer, director and shareholder listed in Schedule C to furnish to the Representative, prior to the First Closing Date, neither a letter, substantially in the Companyform of Exhibit I hereto, nor pursuant to which each such person shall agree not to directly or indirectly offer, sell, assign, transfer, pledge, contract to sell, or otherwise dispose of any shares of its subsidiaries Common Stock or other affiliates over which it exercises management securities convertible into or voting control, nor any person acting on their behalf willexercisable or exchangeable for Common Stock for a period of 90 days from the date of the Prospectus (the “Lock-Up Period”), without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.SG
Appears in 1 contract
Samples: Underwriting Agreement (Moog Inc)
Further Agreements of the Company. (a) The Company agrees with the Underwritersagrees:
(ai) During any period that a prospectus relating to the Underwritten Securities is required to be delivered under the Securities Act (but in any event through the applicable Delivery Date), (A) to comply with the requirements of Rule 430A and Rule 497 of the Securities Act Rules and Regulations; (B) to prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Underwriter and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under 497 of the Securities Act, within Act Rules and Regulations not later than the time period prescribed by such RuleCommission’s close of business on the second business day following the execution and delivery of this Agreement; (C) to make no further amendment or any supplement to the Registration Statement or the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters Underwriter promptly after reasonable notice thereof; to advise thereof (unless in the Underwriters promptly reasonable determination of any the Company such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period by applicable law); (D) to advise the UnderwritersUnderwriter, promptly after it receives notice thereof, of the time when any or amendment or supplement to the Registration Statement (including any filing pursuant to Rule 462(b) of the Securities Act Rules and Regulations) or the Prospectus has been filed and to furnish the Underwriter with copies thereof; and (E) to advise the Underwriter, promptly after it receives notice thereof of (i) the time when any post-effective amendment to the Registration Statement has been filed or shall become effective; (ii) the receipt of any supplement comments from the Commission; (iii) the request by the Commission for any amendment to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of Registration Statement; (iv) the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing Prospectus, of ; (v) the suspension of the qualification of such the Underwritten Securities for offering or sale in any jurisdiction, of jurisdiction (vi) the initiation or threatening of any proceeding or examination for any such purpose, ; or of (vii) any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus or for additional informationinformation related to the Registration Statement or the offering contemplated thereby; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to the Securities or Prospectus suspending any such qualification, to use promptly use its commercially reasonable best efforts to obtain the withdrawal of such orderits withdrawal;
(bii) To furnish promptly to the Underwriter and to counsel for the Underwriter a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(iii) To deliver promptly and without charge to the Underwriter such number of the following documents as the Underwriter shall reasonably request: (A) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement), (B) the Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus, (C) any Rule 482 Statement and (D) if the delivery of a Prospectus is required at any time after the date hereof in connection with the offering or sale of the Underwritten Securities or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus in order to comply with the Securities Act, to notify the Underwriter and, upon its request, to file such document and to prepare and furnish without charge to the Underwriter and to any dealer in securities as many copies as the Underwriter may from time to time reasonably request of an amended or supplemented Prospectus that will correct such statement or omission or effect such compliance. The copies of the Registration Statement, the Preliminary Prospectus, the Prospectus or amendment or supplement thereto furnished to the Underwriter will be identical to the electronically transmitted copies thereof filed with the Commission pursuant to EXXXX, expect to the extent permitted by Regulation S-T;
(iv) To file promptly with the Commission any amendment or supplement to the Registration Statement or the Prospectus that may, in the reasonable judgment of the Company or the Underwriter, be required by the Securities Act or requested by the Commission; prior to filing with the Commission any amendment or supplement to the Registration Statement or to the Prospectus, to furnish a copy thereof to the Underwriter and counsel for the Underwriter;
(v) To use its commercially reasonable best efforts to comply with the Securities Act and the Rules and Regulations so as to permit the completion of the distribution of the Underwritten Securities as contemplated in this Agreement and in the Prospectus. If any time when a Prospectus is required by the Securities Act to be delivered in connection with the sale of the Underwritten Securities, any event shall occur or condition exist as a result of which it is necessary, in the opinion of counsel for the Underwriter or for the Company, to amend the Registration Statement or amend or supplement the Prospectus in order that the Prospectus will not include an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein not misleading in light of the circumstances existing at the time it is delivered to the purchaser, or if it shall be necessary, in the opinion of such counsel, at any such time to amend the Registration Statement or amend or supplement the Prospectus in order to comply with the Securities Act or the Rules and Regulations, the Company will promptly prepare and file with the Commission, subject to 5(iv), such amendment or supplement as may be necessary to correct such statement or omission or to make the Registration Statement or the Prospectus comply with such requirements, and the Company will furnish to the Underwriter such number of copies of such amendment or supplement as the Underwriter may reasonably request;
(vi) If there occurs an event or development prior to the Initial Delivery Date as a result of which the General Disclosure Package would include an untrue statement of a material fact or would omit to state a material fact necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading, to promptly notify the Underwriter so that any use of the General Disclosure Package may cease until it is amended or supplemented if needed (at the sole cost to the Company);
(vii) As soon as reasonably practicable after the Effective Date (it being understood that the Company shall have until at least 410 days or, if the fourth quarter following the fiscal quarter that includes the Effective Date is the last fiscal quarter of the Company’s fiscal year, at least 455 days after the end of the Company’s current fiscal quarter), to make generally available to the Company’s security holders and to deliver to the Underwriter an earnings statement of the Company, and to the extent required by the Commission, of KDA, Trimaran, Katonah 2007-1 and Katonah X (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158 of the Securities Act Rules and Regulations);
(viii) During the period during which the Prospectus is required to be delivered under the Securities Act, to file all documents required to be filed with the Commission pursuant to the Exchange Act within the time period required by the Exchange Act and the rules and regulations of the Commission thereunder;
(ix) Promptly from time to time to take such action as the Underwriters Underwriter may reasonably request to qualify the Underwritten Securities for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Underwriter may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the Underwritten Securities; provided that in connection therewith the Company shall not be required to (i) qualify as a foreign corporationcorporation in any jurisdiction in which it would not otherwise be required to so qualify, to (ii) file a general consent to service of process in any such jurisdiction or to become (iii) subject itself to taxation in any jurisdiction in which it is would not otherwise be subject;
(cx) to furnish to For a period commencing on the Underwriters such number of conformed copies date hereof and ending on the 45th day after the date of the Registration StatementProspectus (the “Lock-Up Period”), as originally filed and each amendment thereto not to, directly or indirectly, (excluding exhibits 1) offer, sell, contract to sell, pledge (other than this Agreement), under any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference pledge or margin arrangement disclosed in the Registration Statement), grant any option or contract to purchase, make any short sale or otherwise dispose of (or enter into any transaction or device that is designed to, or could be expected to, result in the disposition by the Company at any time during such 45-day period) any Common Stock or securities convertible into or exchangeable for Common Stock (other than shares issued pursuant to employee benefit plans, qualified stock option plans or other employee compensation plans existing on the date hereof and as disclosed in the Registration Statement or pursuant to currently outstanding options, warrants, rights or other securities convertible into shares of Common Stock), or sell or grant options, rights or warrants with respect to any Common Stock or securities convertible into or exchangeable for Common Stock (other than the grant of options pursuant to any equity plans), (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any Preliminary Prospectus of the economic benefits or risks of ownership of such Common Stock, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of Common Stock or other securities, in cash or otherwise, (3) file or cause to be filed a registration statement, including any amendments, with respect to the Prospectus)registration of any Common Stock or securities convertible, exercisable or exchangeable into Common Stock or any other securities of the Company, or (4) publicly disclose the intention to do any of the foregoing, in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the RepresentativesUnderwriter, offer, sell, contract and to sell or otherwise dispose cause each officer and director of any securities that are substantially similar the Company set forth on Schedule B hereto to furnish to the Securities.
(g) to pay the required Commission filing fees related Underwriter, prior to the Securities within Initial Delivery Date, a letter or letters, substantially in the time period required by Rule 456(b)(1form of Exhibit II hereto (the “Lock-Up Agreements”) under the Securities Act without regard relating to the proviso therein and otherwise lock-up periods shown on Exhibit II hereto; notwithstanding the foregoing, if (1) during the last 17 days of the Lock-Up Period, the Company issues an earnings release or material news or a material event relating to the Company occurs or (2) prior to the expiration of the Lock-Up Period, the Company announces that it will release earnings results during the 16-day period beginning on the last day of the Lock-Up Period, then the restrictions imposed in accordance with Rules 456(b) and 457(r) under the Securities Actpreceding paragraph shall continue to apply until the expiration of the 18-day period beginning on the issuance of the earnings release or the announcement of the material news or the occurrence of the material event, unless the Underwriter waives such extension in writing;
(hxi) to To apply the net proceeds from the sale of the Underwritten Securities being sold by the Company as described set forth in the Prospectus and the General Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and;
(ixii) To use its best efforts to effect and maintain the listing of the Common Stock (including the Underwritten Securities) on the Nasdaq.
(xiii) When and to the extent required by law, comply in all material respects with all applicable securities and other laws, rules and regulations, including without limitation, the Sarbanes Oxley Act, and will use its best efforts to cause its officers, directors and employees, in their capacities as such, to comply in all material respects with such laws, rules and regulations, including without limitation, the Sarbanes Oxley Act;
(xiv) To use its best efforts to maintain its status as a BDC under the Investment Company Act; provided, however, the Company may cease to be, or withdraw its election as a BDC under the Investment Company Act, with the approval of its board of directors and a vote of its stockholders as required by Section 58 of the Investment Company Act, or a successor provision;
(xv) To use its best efforts to maintain its qualification as a RIC under the Code for each taxable year during which it is a BDC under the Investment Company Act;
(xvi) Except for the authorization of actions permitted to be taken by the Underwriter as contemplated by the Underwriter herein or in the Prospectus, not to take, directly or indirectly, within 30 days of the date of the Prospectus, any action designed to cause or that could to result in, or which might reasonably be expected to cause or result in any constitute, the stabilization or manipulation of the price of any security of the Company to facilitate the issuance of the sale or resale of the Underwritten Securities.
Appears in 1 contract
Further Agreements of the Company. (a) The Company covenants and agrees with the Underwriterseach Underwriter:
(ai) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representatives and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) of the Rules and Regulations not later than the Commission’s close of business on the second business day following the execution and delivery of this Agreement; to file the Term Sheet in accordance with Rule 433 and to file any other Issuer Free Writing Prospectus to the extent required to be filed under Rule 433 of the Securities Act, within the time period prescribed by such RuleRules and Regulations; to make no further amendment or any supplement to the Registration Statement or the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Delivery Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as provided herein; to advise the Underwriters Representatives, promptly after it receives notice thereof, of the time when any such amendment to the Registration Statement has been filed or becomes effective or any supplement after such Closing Date to the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters Representatives with copies thereof and thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period the Notes; to advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order suspending the effectiveness of the Registration Statement or preventing or suspending the use of any prospectus relating to Preliminary Prospectus, the Securities Prospectus or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Notes for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, purpose or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order suspending the effectiveness of the Registration Statement or preventing or suspending the use of any prospectus relating to Preliminary Prospectus, the Securities Prospectus or any Issuer Free Writing Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain its withdrawal; and to pay any fees required by the withdrawal of such orderCommission relating to the Notes within the time required by Rule 456(b)(1) without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r);
(bii) To furnish promptly to the Representatives and to counsel for the Underwriters at their request a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(iii) To deliver promptly to the Representatives such number of the following documents as the Representatives shall reasonably request: (A) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement and the computation of per unit earnings), (B) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus, (C) each Issuer Free Writing Prospectus; and (D) other than documents available by XXXXX (as defined below) any document incorporated by reference in the Preliminary Prospectus or the Prospectus (excluding exhibits thereto); and, if the delivery of a prospectus is required at any time after the date hereof in connection with the offering or sale of the Notes or any other securities relating thereto (or in lieu thereof, the notice referred to in Rule 173(a)) and if at such time any events shall have occurred as a result of which the Pricing Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend the Registration Statement or amend or supplement the Pricing Disclosure Package or the Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Representatives and, upon their request, to file such document and to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Representatives may from time to time reasonably request of an amended supplemented Pricing Disclosure Package or the Prospectus that will correct such statement or omission or effect such compliance;
(iv) To file promptly with the Commission any amendment to the Registration Statement, the Pricing Disclosure Package or the Prospectus that may, in the reasonable judgment of the Company or the Representatives, be required by the Securities Act or the Exchange Act or requested by the Commission;
(v) During such period as the Underwriters are required to deliver a prospectus in connection with the offering contemplated hereby, prior to filing with the Commission any amendment or supplement to the Registration Statement, the Pricing Disclosure Package or the Prospectus, any document incorporated by reference in the Pricing Disclosure Package or the Prospectus or any amendment to an document incorporated by reference in the Pricing Disclosure Package or the Prospectus or any prospectus pursuant to Rule 424(b) of the Rules and Regulations to furnish a copy thereof to the Representatives and counsel for the Underwriters and obtain the consent of the Representatives to the filing, which consent shall not be reasonably withheld and which shall be provided to the Company promptly after having been given notice of the proposed filing; provided that, the foregoing provision shall not apply if such filing is, in the judgment of counsel to the Company, required by law;
(vi) Not to make any offer relating to the Notes that would constitute an Issuer Free Writing Prospectus without the prior written consent of the Representatives;
(vii) To retain in accordance with the Rules and Regulations all Issuer Free Writing Prospectuses not required to be filed pursuant to the Rules and Regulations; and if at any time after the date hereof any events shall have occurred as a result of which any Issuer Free Writing Prospectus, as then amended or supplemented, would conflict with the information in the Registration Statement, the most recent Preliminary Prospectus or the Prospectus or would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading, or, if for any other reason it shall be necessary to amend or supplement any Issuer Free Writing Prospectus, to notify the Representatives and, upon their request, to file such document and to prepare and furnish without charge to each Underwriter as many copies as the Representatives may from time to time reasonably request of an amended or supplemented Issuer Free Writing Prospectus that will correct such conflict, statement or omission or effect such compliance;
(viii) As soon as practicable after the Effective Date and in any event not later than 16 months after the date hereof, to make generally available via the Commission’s Electronic Data Gathering, Analysis and Retrieval (XXXXX) System, to the Company’s security holders and to the Representatives an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(ix) For a period of two years following the Effective Date, to furnish, or to make available via XXXXX, to the Representatives a copy of all materials furnished by the Company to its stockholders (excluding any periodic income tax reporting materials) and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange or automated quotation system upon which its common stock may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder;
(x) Promptly from time to time to take such action as the Underwriters Representatives may reasonably request to qualify the Securities Notes for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Representatives may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesNotes; provided that in connection therewith the Company shall not be required to (i) qualify as a foreign corporationcorporation in any jurisdiction in which it would not otherwise be required to so qualify, to (ii) file a general consent to service of process in any such jurisdiction or to become (iii) subject itself to taxation in any jurisdiction in which it is would not otherwise be subject;
(cxi) to furnish to During the Underwriters such number of conformed copies of period from the Registration Statement, as originally filed date hereof through and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectusincluding the Delivery Date, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf willwill not, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any debt securities that are substantially similar to issued or granted by the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein Company and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Acthaving a tenor of more than one year;
(hxii) to To apply the net proceeds from the sale offering of the Securities Notes as described set forth in the Disclosure Package and Prospectus;
(xiii) To take such steps as shall be necessary to ensure that the Prospectus under Company shall not become an “investment company” as defined in the heading “Use Investment Company Act of Proceeds”1940, as amended; and
(ixiv) To not to take, directly or indirectly, indirectly take any action designed to or that could which constitutes or which might reasonably be expected to cause or result in any in, under the Exchange Act or otherwise, stabilization or manipulation of the price of any security of the SecuritiesCompany to facilitate the sale or resale of the Notes.
(b) Each Underwriter severally agrees that such Underwriter shall not include any “issuer information” (as defined in Rule 433 of the Rules and Regulations) in any “free writing prospectus” (as defined in Rule 405 of the Rules and Regulations but excluding any Issuer Free Writing Prospectus, including any road show constituting a free writing prospectus under Rule 433 of the Rules and Regulations in connection with the offer and sale of the Notes) used or referred to by such Underwriter without the prior consent of the Company (any such issuer information with respect to whose use the Company has given its consent, being defined as “Permitted Issuer Information”); provided that (i) no such consent shall be required with respect to any such issuer information contained in any document filed by the Company with the Commission prior to the use of such free writing prospectus or customary Bloomberg e-mails containing comparable bond price information and (ii) “issuer information,” as used in this Section 5(b), shall not be deemed to include information prepared by or on behalf of such Underwriter on the basis of or derived from issuer information.
(c) If, at any time prior to the filing of the Prospectus pursuant to Rule 424(b), any event occurs as a result of which the Pricing Disclosure Package would include any untrue statement of a material fact or omit to state any material fact necessary to make the statements therein in the light of the circumstances under which they were made or the circumstances then prevailing not misleading, the Company will (i) notify promptly the Representatives so that any use of the Pricing Disclosure Package may cease until it is amended or supplemented; (ii) amend or supplement the Pricing Disclosure Package to correct such statement or omission; and (iii) supply any amendment or supplement to you in such quantities as you may reasonably request.
(d) If, at any time when a prospectus relating to the Notes is required to be delivered under the Act (including in circumstances where such requirement may be satisfied pursuant to Rule 172), any event occurs as a result of which the Prospectus as then supplemented would include any untrue statement of a material fact or omit to state any material fact necessary to make the statements therein in the light of the circumstances under which they were made at such time not misleading, or if it shall be necessary to amend the Registration Statement, file a new registration statement or supplement the Prospectus to comply with the Act or the Exchange Act or the respective rules thereunder, including in connection with use or delivery of the Prospectus, the Company promptly will (i) notify the Representatives of any such event, (ii) prepare and file with the Commission, subject to clause (a)(i) of this Section 5, an amendment or supplement or new registration statement which will correct such statement or omission or effect such compliance, (iii) use its best efforts to have any amendment to the Registration Statement or new registration statement declared effective as soon as practicable in order to avoid any disruption in use of the Prospectus and (iv) supply any amendment or supplement to you in such quantities as you may reasonably request.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with each of the several Underwriters:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act; except for such post-effective amendment made under Rule 462(d) under the Securities Act, within which amendment shall be approved by the time period prescribed by such Rule; Underwriters, to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters with copies thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the CommissionCommission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of the Notes; to advise the Underwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Notes for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain its withdrawal at the withdrawal of such order;earliest possible time.
(b) To furnish promptly from time to time each Underwriter and to take such action as counsel for the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale a signed copy of the Securities; provided that in connection therewith Registration Statement as originally filed with the Company shall not be required to qualify as a foreign corporationCommission, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(c) To deliver promptly to furnish to the Underwriters each Underwriter such number of the following documents as such Underwriter shall reasonably request:
(i) conformed copies of the Registration Statement, Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this AgreementAgreement and the computation of per share earnings), any (ii) each Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments any amended or supplemented Prospectus and supplements to any of such documents (including iii) any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration StatementProspectus (excluding exhibits thereto); and, if the delivery of a prospectus is required at any Preliminary Prospectus time after the Effective Time in connection with the offering or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) sale of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from Notes and if at such time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs events shall have occurred as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a any material fact necessary in order to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.the
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the several Underwriters:
(a) to To prepare the Final Term SheetRule 462(b) Registration Statement, substantially if necessary, in the a form of Schedule 3 hereto and approved by the Representatives and file such Rule 462(b) Registration Statement with the Final Term Sheet Commission by 10:00 P.M., New York time, on the date hereof, and the Company shall at the time of filing either pay to the Commission the filing fee for the Rule 462(b) Registration Statement or give irrevocable instructions for the payment of such fee pursuant to Rule 433(d111(b) of under the Securities Act within the time period prescribed by such RuleRules and Regulations; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representatives containing information previously omitted at the time of effectiveness of the Registration Statement in reliance on Rules 430A or 430B of the Rules and Regulations and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under of the Rules and Regulations not later than the second business (2nd) day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by the Securities Act, within ; to notify the time period prescribed by such Rule; Representatives promptly of the Company’s intention to file or prepare any supplement or amendment to the Registration Statement or to the Prospectus and to make no further amendment or supplement to the Registration Statement, the General Disclosure Package or to the Prospectus to which the Representatives shall reasonably object by notice to the Company after a reasonable period to review; to advise the Representatives, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the Registration Statement General Disclosure Package or the Prospectus as or any amended Prospectus or supplemented after the date of this Agreement any Issuer Free Writing Prospectus has been filed and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereof; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof thereof; to file promptly all material required to be filed by the Company with the Commission pursuant to Rules 433(d) or 163(b)(2) of the Rules and Regulations, as the case may be; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations) is required in connection with the offering or sale of such Securities, and during such same period the Stock; to advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or Preliminary Prospectus, any Issuer Free Writing Prospectus or the Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus General Disclosure Package or any Issuer Free Writing the Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus, any Issuer Free Writing Prospectus or the Securities Prospectus or suspending any such qualification, and promptly to promptly use its best commercially reasonable efforts to obtain the withdrawal of such order;.
(b) promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;[Reserved].
(c) to furnish The Company represents and agrees that, unless it obtains the prior consent of the Representatives, and each Underwriter represents and agrees that, unless it obtains the prior consent of the Company and the Representatives, it has not made and will not, make any offer relating to the Underwriters such number of conformed copies Stock that would constitute a “free writing prospectus” as defined in Rule 405 of the Registration StatementRules and Regulations (each, a “Permitted Free Writing Prospectus”); provided that the prior written consent of the Representatives hereto shall be deemed to have been given in respect of the Issuer Free Writing Prospectuses included in Schedule B hereto. The Company represents that it has treated and agrees that it will treat each Permitted Free Writing Prospectus as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other an Issuer Free Writing Prospectus, comply with the Prospectus requirements of Rules 164 and all amendments 433 of the Rules and supplements Regulations applicable to any Issuer Free Writing Prospectus, including the requirements relating to timely filing with the Commission, legending and record keeping and will not take any action that would result in an Underwriter or the Company being required to file with the Commission pursuant to Rule 433(d) of the Rules and Regulations a free writing prospectus prepared by or on behalf of such documents (including any document filed under the Exchange Act and deemed Underwriter that such Underwriter otherwise would not have been required to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;file thereunder.
(d) during If at any time prior to the period in which the Prospectus date when a prospectus relating to the Securities Stock is required to be delivered (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities ActRules and Regulations) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs or condition exists as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an any untrue statement of a material fact fact, or omit to state a any material fact necessary to make the statements therein, in light of the circumstances under which they were made when the Prospectus is delivered (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations), not misleading, or if it is necessary at any time to amend or supplement the Registration Statement or to file under the Exchange Act any document incorporated by reference in the Prospectus to comply with the Securities Act, that the Company will promptly notify the Representatives thereof and upon their request will prepare an appropriate amendment or supplement or upon their request make an appropriate filing pursuant to Section 13 or 14 of the Exchange Act in form and substance satisfactory to the Representatives which will correct such statement or omission or effect such compliance and will use its commercially reasonable efforts to have any amendment to the Registration Statement declared effective as soon as possible. The Company will furnish without charge to each Underwriter and to any dealer in securities as many copies as the Representatives may from time to time reasonably request of such amendment or supplement. In case any Underwriter is required to deliver a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations) relating to the Stock, the Company upon the request of the Representatives will prepare promptly an amended or supplemented Prospectus as may be necessary to permit compliance with the requirements of Section 10(a)(3) of the Securities Act and deliver to such Underwriter as many copies as such Underwriter may request of such amended or supplemented Prospectus complying with Section 10(a)(3) of the Securities Act.
(e) If the General Disclosure Package is being used to solicit offers to buy the Stock at a time when the Prospectus is not yet available to prospective purchasers and any event shall occur as a result of which, in the judgment of the Company or in the reasonable opinion of the Underwriters, it becomes necessary to amend or supplement the General Disclosure Package in order to make the statements therein, in the light of the circumstances then existingprevailing, not misleading, or to make the statements therein not conflict with the information contained or incorporated by reference in the Registration Statement then on file and not superseded or modified, or if during such period it is necessary at any time to amend the Registration Statement or amend or supplement the General Disclosure Package to comply with any law, the Company promptly will either (i) prepare, file with the Commission (if required) and furnish to the Underwriters and any dealers an appropriate amendment or supplement to the General Disclosure Package or (ii) prepare and file with the Commission an appropriate filing under the Exchange Act which shall be incorporated by reference in the General Disclosure Package so that the General Disclosure Package as so amended or supplemented will not, in the light of the circumstances then prevailing, be misleading or conflict with the Registration Statement then on file, or so that the General Disclosure Package will comply with law.
(f) If at any time following issuance of an Issuer Free Writing Prospectus there occurred or occurs an event or development as a result of which such Issuer Free Writing Prospectus conflicted or will conflict with the information contained in the Registration Statement, Pricing Prospectus or Prospectus, including any document incorporated by reference therein and any prospectus supplement deemed to be a part thereof and not superseded or modified or included or would include an untrue statement of a material fact or omitted or would omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances prevailing at the subsequent time, not misleading, the Company has promptly notified or will promptly notify the Representatives so that any use of the Issuer Free Writing Prospectus may cease until it is amended or supplemented and has promptly amended or will promptly amend or supplement, at its own expense, such Issuer Free Writing Prospectus to eliminate or correct such conflict, untrue statement or omission. The foregoing sentence does not apply to statements in or omissions from any Issuer Free Writing Prospectus in reliance upon, and in conformity with, written information furnished to the Company through the Representatives by or on behalf of any Underwriter specifically for inclusion therein, which information the parties hereto agree is limited to the Underwriters’ Information.
(g) To the extent not available on the Commission’s Electronic Data Gathering, Analysis and Retrieval system or any successor system (“XXXXX”), upon the request of the Representatives, to furnish promptly to the Representatives and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and of each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(h) Upon request of the Representatives, to the extent not available on XXXXX, to deliver promptly to the Representatives in New York City such number of the following documents as the Representatives shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission (excluding exhibits), (ii) each Preliminary Prospectus, (iii) any Issuer Free Writing Prospectus, (iv) the Prospectus (the delivery of the documents referred to in clauses (i), (ii), (iii) and (iv) of this paragraph (i) to be made not later than 10:00 A.M., New York time, on the business day following the execution and delivery of this Agreement), (v) conformed copies of any amendment to the Registration Statement (excluding exhibits), (vi) any amendment or supplement to the General Disclosure Package or the Prospectus (the delivery of the documents referred to in clauses (v) and (vi) of this paragraph (i) to be made not later than 10:00 A.M., New York City time, on the business day following the date of such amendment or file supplement) and (vii) any document to comply with incorporated by reference in the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the General Disclosure Package or the Prospectus, as Prospectus (excluding exhibits thereto) (the case may be, or file any document (in each case, at the expense delivery of the Companydocuments referred to in clause (vi) so as of this paragraph (i) to correct be made not later than 10:00 A.M., New York City time, on the business day following the date of such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;document).
(ei) to To make generally available to security-holders of the Company its stockholders as soon as practicable, but in any event not later than eighteen sixteen (16) months after the effective date of the Registration Statement (as defined in Rule 158(c) under of the Securities ActRules and Regulations), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 158). The Company, during the period when a Prospectus relating to the Stock is (or, but for the exception afforded by Rule 172 of the Rules and Regulations, would be) required to be delivered under the Securities Act, will file all documents required to be filed with the Commission pursuant to the Exchange Act within the time periods required by the Exchange Act and the rules and regulations promulgated thereunder);.
(fj) between To take promptly from time to time such actions as the Representatives may reasonably request to qualify the Stock for offering and sale under the securities or Blue Sky laws of such jurisdictions (domestic or foreign) as the Representatives may designate and to continue such qualifications in effect, and to comply with such laws, for so long as required to permit the offer and sale of Stock in such jurisdictions; provided that neither the Company nor any of its subsidiaries shall be obligated to (i) qualify as a foreign corporation in any jurisdiction in which it is not so qualified, (ii) file a general consent to service of process in any jurisdiction or (iii) subject itself to taxation in any such jurisdiction if it is not otherwise so subject.
(k) Upon request, during the period of five (5) years from the date hereof, to deliver to each of the Underwriters, (i) as soon as they are available, copies of all reports or other communications (financial or other) furnished to stockholders, and (ii) as soon as they are available, copies of any reports and financial statements furnished or filed with the Commission or any national securities exchange on which the Stock is listed. However, so long as the Company is subject to the reporting requirements of either Section 13 or Section 15(d) of the Exchange Act and is timely filing reports with the Commission on XXXXX, it is not required to furnish such reports or statements to the Underwriters.
(l) During the period commencing on and including the date hereof and ending on and including the forty-fifth (45th) day following the date of this Agreement and (as the Closing Datesame may be extended as described below, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will“Lock‑Up Period”) the Company will not, without the prior written consent of Xxxxxx Xxxxxxx & Co. LLC (which consent may be withheld at the Representativessole discretion of Xxxxxx Xxxxxxx & Co. LLC, directly or indirectly offer, sellsell (including, without limitation, any short sale), assign, transfer, lend, pledge, contract to sell sell, establish an open “put equivalent position” within the meaning of Rule 16a‑1(h) under the Exchange Act, or otherwise dispose of of, or announce the offering of, or file any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) registration statement under the Securities Act without regard in respect of, any Common Stock, options, rights or warrants to acquire Common Stock or securities exchangeable or exercisable for or convertible into Common Stock (other than as contemplated by this Agreement with respect to the proviso therein and otherwise in accordance with Rules 456(bStock) and 457(r) under the Securities Act;
(h) or publicly announce any intention to apply the net proceeds from the sale do any of the Securities foregoing; provided, however, that the Company may (i) sell the Stock pursuant to this Agreement and as otherwise disclosed in the General Disclosure Package, (ii) issue Common Stock and options to purchase Common Stock, shares of Common Stock underlying options granted, and other securities, each pursuant to any director or employee stock option plan, stock ownership plan or dividend reinvestment plan of the Company in effect on the date hereof and described in the General Disclosure Package Package, (iii) issue Common Stock pursuant to the conversion of securities or the exercise of warrants, which securities or warrants are outstanding on the date hereof and described in the Prospectus under General Disclosure Package; (iv) file a registration statement on Form S-8 relating to shares of Common Stock granted pursuant to the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result Company’s equity incentive plans in any stabilization or manipulation effect as of the price date hereof; or (v) issue Common Stock or securities convertible into or exercisable for shares of Common Stock in connection with any acquisition, collaboration, licensing, consulting arrangement or other strategic transaction or any debt financing transaction; provided, that in the case of this clause (v), such issuances shall not be greater than 10% of the Securities.total outstanding shares of Common Stock outstanding immediately after the completion of this offering and each recipient of shares of Common Stock, or securities exchangeable or exercisable for or convertible into Common Stock, shall be contractuall
Appears in 1 contract
Samples: Underwriting Agreement (Rocket Pharmaceuticals, Inc.)
Further Agreements of the Company. The Company agrees with the Underwriterscovenants and agrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representatives and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by such RuleCommission's close of business on the second business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing last Delivery Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as permitted herein; to advise the Underwriters Representatives, promptly after it receives notice thereof, of the time when any such amendment to the Registration Statement has been filed or becomes effective or any supplement after such Closing Date to the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters Representatives with copies thereof and thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period the Stock; to advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly upon request to each of the Representatives and to counsel for the Underwriters a copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Representatives such number of the following documents as the Representatives shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement and the computation of per share earnings and excluding documents incorporated by reference into the Registration Statement) and (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus; and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Stock or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Representatives and, upon their request, to file such document and to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Representatives may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the judgment of the Company or the Representatives, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus, any document incorporated by reference in the Prospectus or any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Representatives and counsel for the Underwriters and obtain the consent of the Representatives to the filing;
(f) As soon as practicable after the Effective Date, to make generally available to the Company's security holders and to deliver to the Representatives an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) For a period of three years following the Effective Date, to furnish to the Representatives copies of all materials furnished by the Company to its shareholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Common Stock may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder; except to the extent that such materials, reports and financial statements are available through EDGAR;
(h) Promptly from time to time to take such action as actixx xx the Underwriters Representatives may reasonably request to qualify the Securities Stock for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Representatives may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesStock; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectjurisdiction;
(ci) For a period of 90 days from the date of the Prospectus, not to, directly or indirectly, (1) offer for sale, sell, pledge or otherwise dispose of (or enter into any transaction or device which is designed to, or could be expected to, result in the disposition by any person at any time in the future of) any shares of Common Stock or securities convertible into or exchangeable for Common Stock (other than the Stock and shares issued pursuant to employee benefit plans, qualified stock option plans or other employee compensation plans existing on the date hereof or approved by the Company's Board of Directors and its stockholders after the date hereof or pursuant to currently outstanding options, warrants or rights), or sell or grant options, rights or warrants with respect to any shares of Common Stock or securities convertible into or exchangeable for Common Stock (other than the grant of options pursuant to employee benefit plans, stock option plans or other employee compensation plans existing on the date hereof or approved by the Company's Board of Directors and its stockholders after the date hereof), (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the economic benefits or risks of ownership of such shares of Common Stock, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of Common Stock or other securities, in cash or otherwise, or (3) file or cause to be filed a registration statement (other than registration statements on Form S-8 or Form S-4 or other similar form) with respect to any shares of Common Stock or securities convertible, exercisable or exchangeable into Common Stock or any other securities of the Company, in each case without the prior written consent of Lehman Brothers Inc. on behalf of the Underwriters; and to cause each xxxxxxr and director of the Company to furnish to the Underwriters Representatives, prior to the First Delivery Date, a letter or letters, substantially in the form of Exhibit A hereto; pursuant to which each such number person shall agree not to, directly or indirectly, (1) offer for sale, sell, pledge or otherwise dispose of conformed copies (or enter into any transaction or device which is designed to, or could be expected to, result in the disposition by any person, at any time in the future of any shares of Common Stock or securities convertible into or exchangeable for Common Stock or (2) enter into any swap or other derivative, transaction that transfers to another, in whole or in part, any of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any economic benefits or risks of ownership of such documents shares of Common Stock, whether any such transaction described in clause (including any document filed under the Exchange Act and deemed 1) or (2) above is to be incorporated settled by reference delivery of Common Stock or other securities, in the Registration Statement, any Preliminary Prospectus cash or the Prospectus)otherwise, in each case as soon as available and in such quantities as for a period of 90 days from the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf willProspectus, without the prior written consent of Lehman Brothers Inc. on behalf of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities ActUnderwriters;
(hj) Xx xxle a Notification Form: Listing of Additional Shares with The Nasdaq Stock Market, Inc. ("NASDAQ") prior to the First Delivery Date;
(k) To apply the net proceeds from the sale of the Securities Stock substantially as described set forth in the Disclosure Package Prospectus;
(l) To take such steps as shall be necessary to ensure that neither the Company nor any subsidiary shall become an "investment company" within the meaning of such term under the Investment Company Act of 1940, as amended, and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation rules and regulations of the price of the SecuritiesCommission thereunder.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representatives and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, within Act not later than Commission's close of business on the time period prescribed by such Rulesecond business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereoflast Delivery Time except as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Representatives with copies thereof; to advise the CommissionRepresentatives, promptly after the Company receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to each of the Representatives and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Representatives such number of the following documents as the Representatives shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement and the computation of per share earnings) and (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus; and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Stock or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus in order to comply with the Securities Act, to notify the Representatives and, upon their request, to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Representatives may from time to time reasonably request of an amended or supplemented Prospectus that will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the judgment of the Company or the Representatives, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus or any Prospectus pursuant to Rule 424(b) of the Rules and Regulations, to furnish a copy thereof to the Representatives and counsel for the Underwriters and obtain the consent of the Representatives to the filing (which consent shall not be unreasonably withheld);
(f) As soon as practicable after the Effective Date (it being understood that the Company shall have until at least 410 or, if the fourth quarter following the fiscal quarter that includes the Effective Date is the last fiscal quarter of the Company's fiscal year, 455 days after the end of the Company's current fiscal quarter), to make generally available to the Company's security holders and to deliver to the Representatives an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) Promptly from time to time to take such action as the Underwriters Representatives may reasonably request to qualify the Securities Stock for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Representatives may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesStock; provided that in connection therewith the Company shall not be required to (i) qualify as a foreign corporationcorporation in any jurisdiction in which it would not otherwise be required to so qualify, to (ii) file a general consent to service of process in any such jurisdiction or to become (iii) subject itself to taxation in any jurisdiction in which it is would not otherwise be subject;
(ch) to furnish to For a period of 180 days from the Underwriters such number of conformed copies date of the Registration Statement, as originally filed and each amendment thereto Prospectus (excluding exhibits other than this Agreementthe "Lock-Up Period"), not to, directly or indirectly, (1) offer for sale, sell, pledge or otherwise dispose of (or enter into any Preliminary Prospectustransaction or device that is designed to, or would reasonably be expected to, result in the Final Term Sheet and disposition by any person at any time in the future of) any shares of Common Stock or securities convertible into or exchangeable for Common Stock, or sell or grant options, rights or warrants with respect to any shares of Common Stock or securities convertible into or exchangeable for Common Stock, (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the economic benefits or risks of ownership of such shares of Common Stock, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of Common Stock or other securities, in cash or otherwise, (3) file or cause to be filed a registration statement with respect to any shares of Common Stock or securities convertible, exercisable or exchangeable into Common Stock or any other Issuer Free Writing Prospectussecurities of the Company, or (4) publicly disclose the Prospectus and all amendments and supplements intention to do any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus)foregoing, in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, on behalf of the Underwriters, and to cause each officer and director of the Company set forth on Schedule 3 hereto to furnish to the Representatives, prior to the Initial Delivery Time, a letter or letters, substantially in the form of Exhibit A hereto, as the case may be (the "Lock-Up Agreements"); Notwithstanding the foregoing paragraph, if (1) during the last 17 days of the Lock-Up Period, the Company issues an earnings release or material news or a material event relating to the Company occurs or (2) prior to the expiration of the Lock-Up Period, the Company announces that it will release earnings results during the 16-day period beginning on the last day of the Lock-Up Period, then the restrictions imposed in the preceding paragraph shall continue to apply until the expiration of the 18-day period beginning on the issuance of the earnings release or the announcement of the material news or the occurrence of the material event, unless the Representatives, on behalf of the Underwriters, waives such extension in writing. Notwithstanding anything in this Agreement to the contrary, the restrictions in this Section 6(h) shall not apply to (i) the issuance and sale of the Stock pursuant to this Agreement, (ii) the issuance by the Company of shares of Common Stock or the grant by the Company of options, warrants or other rights pursuant to employee benefit plans disclosed in the Prospectus, (iii) the filing of any registration statement on Form S-8 relating to the offering of Common Stock pursuant to employee benefit plans disclosed in the Prospectus, (iv) the issuance by the Company of shares of its Class B common stock to Parent or any subsidiary of Parent, or any reduction by any means in the number of shares of such Class B common stock, as disclosed in the Prospectus, or (v) any offer, sellsale, contract pledge or other distribution of the Class B common stock of the Company issued to sell or otherwise dispose of any securities that are substantially similar Xxxx-XxXxx Worldwide pursuant to the SecuritiesMaster Separation Agreement or any public disclosure by the Company related thereto.
(gi) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to To apply the net proceeds from the sale of the Securities Stock being sold by the Company as described set forth in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the SecuritiesProspectus.
Appears in 1 contract
Samples: Underwriting Agreement (Tronox Inc)
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Delivery Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters with copies thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the CommissionCommission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of the Stock; to advise the Underwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to each of the Underwriters and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Underwriters such number of the following documents as the Underwriters shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement, (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus and (iii) any document incorporated by reference in the Prospectus (excluding exhibits thereto); and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Stock or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Underwriters and, upon their request, to file such document and to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Underwriters may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance.
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the judgment of the Company or the Underwriters, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus, any document incorporated by reference in the Prospectus or any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Underwriters and counsel for the Underwriters and obtain the consent of the Underwriters to the filing;
(f) As soon as practicable after the Effective Date to make generally available to the Company's security holders and to deliver to the Underwriters an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations, provided that, to the extent permitted by Rule 158, the Company may use the filing of its periodic reports at the times required by the rules governing such reports, to comply with the requirements of this Section 6(f);
(g) Promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities Stock for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Selling Shareholder may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesStock (but, in any event, no later than ________ __, 1995); provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectjurisdiction;
(ch) to furnish to For a period of thirty days from the Underwriters such number date of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may benot to, directly or indirectly, offer for sale, sell or otherwise dispose of (or enter into any transaction or device which is designed to, or file could be expected to, result in the disposition by any document person at any time in the future of) any shares of Common Stock (in each caseother than the Stock and shares issued pursuant to employee benefit plans, at qualified stock option plans or other employee compensation plans existing on the expense of the Company) so as date hereof or pursuant to correct such statement currently outstanding options, warrants or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Actrights), an earnings statement or sell or grant options, rights or warrants with respect to any shares of Common Stock (other than the Company and its subsidiaries (which need not be audited) complying with Section 11(a) grant of the Securities Act (including, at the options pursuant to option of the Company, Rule 158 thereunder);
(f) between plans existing on the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf willhereof), without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”Lehmxx Xxxthers Inc.; and
(i) not To take such steps as shall be necessary to take, directly or indirectly, ensure that neither the Company nor any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation subsidiary shall become an "investment company" within the meaning of such term under the Investment Company Act of 1940 and the rules and regulations of the price of the SecuritiesCommission thereunder.
Appears in 1 contract
Samples: Underwriting Agreement (Altera Corp)
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus Supplement in a form approved by the Underwriters Underwriter and to file or cause to be filed with the Commission such Prospectus, Prospectus Supplement pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by such RuleCommission's close of business on the second business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofProspectus except as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersUnderwriter, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriter with copies thereof; to advise the CommissionUnderwriter, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Shares for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus Supplement or the Securities Prospectus Supplement or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to the Underwriter and to counsel for the Underwriter, upon request, a conformed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Underwriter such number of the following documents as the Underwriter shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case including consents and exhibits other than this Agreement and the computation of per share earnings) and (ii) each Preliminary Prospectus Supplement, the Prospectus Supplement and any amended or supplemented Prospectus Supplement; and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Shares and if at such time any events shall have occurred as a result of which the Preliminary Prospectus Supplement or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Preliminary Prospectus Supplement or the Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Preliminary Prospectus Supplement or the Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Underwriter and, upon its request, to file such document and to prepare and furnish without charge to the Underwriter and to any dealer in securities as many copies as the Underwriter may from time to time reasonably request of an amended or supplemented Preliminary Prospectus Supplement or the Prospectus which will correct such statement or omission or effect such compliance. The aforementioned documents furnished to the Underwriter will be identical to the electronically transmitted copies thereof filed with the Commission pursuant to XXXXX, except to the extent permitted by Regulation S-T;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus Supplement or any supplement to the Prospectus Supplement that may, in the judgment of the Underwriter or counsel to the Underwriter, be required by the Securities Act or the Exchange Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus pursuant to Rule 424 of the Securities Act Regulations, to furnish a copy thereof to the Underwriter and counsel for the Underwriter and obtain the consent of the Underwriter to the filing;
(f) The Company will make generally available to its security holders as soon as practicable but no later than 60 days after the close of the period covered thereby an earnings statement (in form complying with the provisions of Section 11(a) of the Securities Act and Rule 158 of the Securities Act Regulations), which need not be certified by independent certified public accountants unless required by the Securities Act or the Securities Act Regulations, covering a twelve-month period commencing after the "effective date" (as defined in said Rule 158) of the Registration Statement;
(g) The Company will furnish to the Underwriter, from time to time during the period when the Prospectus is required to be delivered under the Securities Act or the Exchange Act such number of copies of the Prospectus (as amended or supplemented) as the Underwriter may reasonably request for the purposes contemplated by the Securities Act or the Exchange Act or the respective applicable rules and regulations of the Commission thereunder;
(h) For a period of five years following the Effective Date, to furnish to the Underwriter, upon request, copies of all materials furnished by the Company to its stockholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Shares may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder;
(i) Promptly from time to time to take such action as the Underwriters Underwriter may reasonably request to qualify the Securities Shares for offer offering and sale under the securities securities, real estate syndication or Blue Sky laws of such jurisdictions as the Underwriters Underwriter may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the Securities; provided that in connection therewith Shares by the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectUnderwriter;
(cj) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between From the date of this Agreement through, and including, the 30th day after the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, not to offer, sell, contract to sell or otherwise dispose of, except as provided hereunder, any shares of any Common Stock or securities of the Company that are substantially similar to the Securities.
Shares, including but not limited to any securities that are convertible into or exchangeable for, or that represent the right to receive, the Common Stock or any such substantially similar securities without the prior written consent of the Underwriter, other than (gi) the Shares, (ii) shares of Common Stock issued pursuant to pay employee benefit plans, qualified stock option plans, dividend reinvestment plans or other employee compensation plans existing on the required Commission filing fees related date hereof or (iii) sales or offers in private placement transactions to, or in direct public placements to, sellers relating to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard acquisition of real property or interests therein, including mortgage or leasehold interests, or in conjunction with any joint venture transaction, made to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Actany seller of such real property or such joint venture interest;
(hk) To use its best efforts to apply effect and maintain the net proceeds from the sale listing of the Securities Shares on the NYSE;
(l) To take such steps as described in shall be necessary to ensure that neither the Disclosure Package Company nor the Operating Partnership shall become an "investment company" within the meaning of such term under the Investment Company Act of 1940, as amended, and the Prospectus rules and regulations of the Commission thereunder;
(m) The Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the heading “Use of Proceeds”Code; and
(in) not Except for the authorization of actions permitted to be taken by the Underwriter as contemplated herein or in the Prospectus, neither the Company nor the Operating Partnership will (a) take, directly or indirectly, any action designed to cause or to result in, or that could might reasonably be expected to cause or result in any constitute, the stabilization or manipulation of the price of any security of the SecuritiesCompany to facilitate the sale or resale of the Shares, and (b) until the Closing Date, (i) sell, bid for or purchase the Securities or pay any person any compensation for soliciting purchases of the Securities or (ii) pay or agree to pay to any person any compensation for soliciting another to purchase any other securities of the Company.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the UnderwritersUnderwriter:
(a) to To prepare the Final Term SheetRule 462(b) Registration Statement, substantially in the form of Schedule 3 hereto if necessary and approved agreed to by the Representatives Company, in a form reasonably acceptable to the Underwriter and the Company and file such Rule 462(b) Registration Statement with the Final Term Sheet Commission by 10:00 p.m., New York time, on the date hereof, and the Company shall at the time of filing either pay to the Commission the filing fee for the Rule 462(b) Registration Statement or give irrevocable instructions for the payment of such fee pursuant to Rule 433(d111(b) of under the Securities Act within the time period prescribed by such RuleRules and Regulations; to prepare the Prospectus, as amended or supplemented, in relation to Pricing Prospectus and the Securities Prospectus in a form approved by acceptable to the Underwriters Underwriter and the Company containing information previously omitted at the time of effectiveness of the Registration Statement in reliance on Rule 430B of the Rules and Regulations and to file or cause to be filed with the Commission such Prospectus, Pricing Prospectus and Prospectus pursuant to Rule 424(b) under of the Securities ActRules and Regulations not later than the second (2nd) business day following the execution and delivery of this Agreement or, within if applicable, such earlier time as may be required by Rule 430B of the time period prescribed Rules and Regulations; to notify the Underwriter promptly of the Company’s intention to file or prepare any supplement or amendment to any Registration Statement or to the Prospectus (excluding, for the purpose of this provision, any document incorporated by such Rule; reference Exhibit 1.1 therein) and to make no further amendment or any supplement to the Registration Statement Statement, the General Disclosure Package or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by Prospectus without providing the Underwriters promptly after Underwriter with a reasonable notice thereoftime to review and comment upon such filing; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersUnderwriter, promptly after it receives notice thereof, of the time when any amendment to the any Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and General Disclosure Package or the Prospectus or any amended Prospectus has been filed and to furnish the Underwriter with copies thereof; to file promptly all material required to be filed by the Company with the CommissionCommission pursuant to Rules 433(d) or 163(b)(2) of the Rules and Regulations, as the case may be; to advise the Underwriter, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing Prospectus, the Pricing Prospectus or the Prospectus, of the suspension of the qualification of such the Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus General Disclosure Package or any Issuer Free Writing the Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Issuer Free Writing Prospectus, the Securities Pricing Prospectus or the Prospectus or suspending any such qualification, and promptly to promptly use its best efforts to obtain the withdrawal of such order;.
(b) promptly from time The Company represents and agrees that, unless it obtains the prior consent of the Underwriter it has not made and will not, make any offer relating to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions that would constitute a “free writing prospectus” as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein defined in such jurisdictions for as long as may be necessary to complete the issuance and sale Rule 405 of the SecuritiesRules and Regulations unless the prior written consent of the Underwriter has been received (each, a “Permitted Free Writing Prospectus”); provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general prior written consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, Underwriter hereto shall be deemed to have been given in respect of the Issuer Free Writing Prospectus included in Schedule I hereto. The Company represents that it has treated and agrees that it will treat each Permitted Free Writing Prospectus as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other an Issuer Free Writing Prospectus, comply with the Prospectus requirements of Rules 164 and all amendments 433 of the Rules and supplements Regulations applicable to any Issuer Free Writing Prospectus, including the requirements relating to timely filing with the Commission, legending and record keeping and will not take any action that would result in an Underwriter or the Company being required to file with the Commission pursuant to Rule 433(d) of the Rules and Regulations a free writing prospectus prepared by or on behalf of such documents (including any document filed under the Exchange Act and deemed Underwriter that such Underwriter otherwise would not have been required to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;file thereunder.
(dc) during If at any time period prior to the period in which the Prospectus date when a prospectus relating to the Securities is required to be delivered (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities ActRules and Regulations) is required to be delivered under (such period, the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary “Prospectus and the Prospectus. If during such period Delivery Period”) any event occurs or condition exists as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an any untrue statement of a material fact fact, or omit to state a any material fact necessary to make the statements therein, in light of the circumstances under which they were made when the Prospectus is delivered (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations), not misleading, or if it is necessary at any time to amend or supplement any Registration Statement or the Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus to comply with the Securities Act or the Exchange Act, the Company will promptly notify the Underwriter thereof and upon its request will prepare an appropriate amendment or supplement in form and substance satisfactory to the Underwriter which will correct such statement or omission or effect such compliance and will use its reasonable best efforts to have any amendment to the Registration Statement declared effective as soon as reasonably possible. For the purposes of the foregoing agreement, the Underwriter shall notify the Company if the Prospectus Delivery Period for the Firm Stock extends beyond the Closing Date or the Prospectus Delivery Period for any Optional Stock extends beyond the applicable Option Closing Date. The Company will furnish without charge to the Underwriter and to any dealer in securities as many copies as the Underwriter may from time to time reasonably request of such amendment or supplement. In case any Underwriter is required to deliver a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations) relating 15 Exhibit 1.1 to the Company upon the request of the Underwriter will prepare promptly an amended or supplemented Prospectus as may be necessary to permit compliance with the requirements of Section 10(a)(3) of the Securities Act and deliver to such Underwriter as many copies as such Underwriter may reasonably request of such amended or supplemented Prospectus complying with Section 10(a)(3) of the Securities Act.
(d) If the General Disclosure Package is being used to solicit offers to buy the Securities at a time when the Prospectus is not yet available to prospective purchasers and any event shall occur as a result of which, in the judgment of the Company or in the reasonable opinion of the Underwriter, it becomes necessary to amend or supplement the General Disclosure Package in order to make the statements therein, in the light of the circumstances then existingprevailing, not misleading, or to make the statements therein not conflict with the information contained in the Registration Statement then on file and not superseded or modified, or if during such period it is necessary at any time to amend the Registration Statement or amend or supplement the General Disclosure Package or the Prospectus or file any document to comply with any law, the Securities ActCompany promptly will prepare and file with the Commission an appropriate filing under the Exchange Act which shall be incorporated by reference in the General Disclosure Package so that the General Disclosure Package as so amended or supplemented will not, to promptly notify in the Representatives andlight of the circumstances then prevailing, subject to Section 4(abe misleading or conflict with the Registration Statement then on file, or so that the General Disclosure Package will comply with law.
(e) hereofIf at any time following issuance of an Issuer Free Writing Prospectus, amend there occurred or occurs an event or development as a result of which such Issuer Free Writing Prospectus conflicted or will conflict with the information contained in the Registration Statement, Pricing Prospectus or Prospectus, including any document incorporated by reference therein and not superseded or modified, or included or would include (when considered together with the General Disclosure Package) an untrue statement of a material fact or omitted or would omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances prevailing at the subsequent time, not misleading, the Company has promptly notified or will promptly notify the Underwriter so that any use of the Issuer Free Writing Prospectus may cease until it is amended or supplemented and has promptly amended or will promptly amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each casesupplement, at the expense of the Company) so as its own expense, such Issuer Free Writing Prospectus to eliminate or correct such conflict, untrue statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;omission.
(ef) to To make generally available to security-holders of the Company its stockholders as soon as practicable, but in any event not later than eighteen sixteen (16) months after the effective date of the Registration Statement (as defined in Rule 158(c) under of the Securities ActRules and Regulations), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158 thereunder158);.
(fg) between To take promptly from time to time such actions as the Underwriter may reasonably request to qualify the Securities for offering and sale under the securities or Blue Sky laws of such jurisdictions (domestic or foreign) as the Underwriter may designate and to continue such qualifications in effect, and to comply with such laws, for so long as required to permit the offer and sale of Securities in such jurisdictions; provided that the Company shall not be obligated to qualify as a foreign corporation in any jurisdiction in which it is not so qualified, subject itself to taxation in any jurisdiction in which it is not so subject or to file a general consent to service of process in any jurisdiction.
(h) Upon request to deliver to each of the Underwriter, (i) as soon as they are available, copies of all reports or other communications furnished to stockholders, and (ii) as soon as they are available, copies of any reports and financial statements furnished or filed with the Commission or the Nasdaq Capital Market or any national securities exchange on which the Securities are listed. However, so long as the Company is subject to the reporting requirements of either Section 13 or Section 15(d) of the Exchange Act Exhibit 1.1 and is timely filing reports with the Commission on its Electronic Data Gathering, Analysis and Retrieval system (“XXXXX”), it is not required to furnish such reports or statements to the Underwriter.
(i) That the Company will not, for a period of ninety (90) days from the date of this Agreement and (the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will“Lock-Up Period”), without the prior written consent of the RepresentativesUnderwriter, directly or indirectly offer, sell, assign, transfer, pledge, contract to sell sell, or otherwise dispose of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for Common Stock, other than (i) the Company’s sale of the Securities pursuant to this Agreement, (ii) the issuance of Common Stock, options to acquire Common Stock or securities convertible into or exchangeable for Common Stock to employees, directors and/or consultants pursuant to the Company’s employee benefit plans, qualified stock option plans or other employee compensation plans as such plans are in existence on the date hereof, (iii) the issuance of Common Stock pursuant to the valid exercises of options, warrants or rights or pursuant to the vesting of restricted stock units outstanding on the date hereof and (iv) the issuance of any securities Series B Convertible Preferred Stock of the Company (including any shares of Common Stock issuable upon conversion of such preferred stock), pursuant to that are substantially similar certain Underwriting Agreement, of even date herewith, by and between the Company and the Underwriter (the “Preferred Stock Underwriting Agreement”). The Company will cause each officer and director listed in Schedule II to furnish to the Securities.
(g) to pay the required Commission filing fees related Underwriter, prior to the Securities within Closing Date, a letter, substantially in the time period required by Rule 456(b)(1) under form of Exhibit A hereto. The Company also agrees that during the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from Lock-Up Period, other than for the sale of the Securities as described hereunder or the sale of any Series B Convertible Preferred Stock under the Preferred Stock Underwriting Agreement, the Company will not file any registration statement, preliminary prospectus or prospectus, or any amendment or supplement thereto, under the Securities Act for any such transaction or which registers, or offers for sale, Common Stock or any securities convertible into or exercisable or exchangeable for Common Stock, except for a registration statement on Form S-8 relating to employee benefit plans and except for updating amendments or supplements to registration statements or prospectuses that became effective prior to the date of this Agreement and that do not register any additional securities.
(j) To supply the Underwriter with copies of all correspondence to and from, and all documents issued to and by, the Commission in connection with the registration of the Securities under the Securities Act or the Registration Statement or the Prospectus, or any amendment or supplement thereto or document incorporated by reference therein.
(k) Prior to the Closing Date, not to issue any press release or other communication directly or indirectly or hold any press conference with respect to the Company, its condition, financial or otherwise, or earnings, business affairs or business prospects (except for routine oral or written marketing communications in the Disclosure Package ordinary course of business and consistent with the past practices of the Company and of which the Underwriter are notified), without the prior written consent of the Underwriter, unless in the judgment of the Company and its counsel, and after notification to the Underwriter, such press release or communication is required by law.
(l) Until the Underwriter shall have notified the Company of the completion of the resale of the Securities (and the Prospectus Underwriter hereby agrees to promptly notify the Company of such completion), that the Company will not, and will cause its affiliated purchasers (as defined in Regulation M under the heading “Use of Proceeds”; and
(iExchange Act) not to taketo, directly either alone or indirectlywith one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, any action designed shares of Common Stock, or attempt to or that could reasonably be expected induce any person to purchase any shares of Common Stock; and not to, and to cause its affiliated purchasers not to, make bids or result purchase for the purpose of creating actual, or apparent, active trading in any stabilization or manipulation of raising the price of the SecuritiesCommon Stock.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus Supplement in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, Prospectus Supplement pursuant to Rule 424(b) under the Securities Act not later than Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 424(b)(2) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or to the Preferred Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Delivery Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Preferred Prospectus or any amended Preferred Prospectus has been filed and to furnish the Underwriters with copies thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the CommissionCommission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of the Shares; to advise the Underwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Preferred Prospectus, of the suspension of the qualification of such Securities the Shares for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Preferred Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Preferred Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to each of the Underwriters and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Underwriters such number of the following documents as the Underwriters shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement and the computation of per share earnings), (ii) each Preliminary Prospectus and the Preferred Prospectus and any amendment or supplement thereto and (iii) any document incorporated by reference in the Preferred Prospectus (excluding exhibits thereto); and, if the delivery of a prospectus is required at any time in connection with the offering or sale of the Shares and if at such time any events shall have occurred as a result of which the Preferred Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Preferred Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Preferred Prospectus or to file under the Exchange Act any document incorporated by reference in the Preferred Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Underwriters and, upon their request, to file such document and to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Underwriters may from time to time reasonably request of an amended or supplemented Preferred Prospectus which will correct such statement or omission or effect such compliance.
(d) To file promptly with the Commission any amendment to the Registration Statement or the Preferred Prospectus or any supplement to the Preferred Prospectus that may, in the judgment of the Company or the Underwriters, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Preferred Prospectus, any document incorporated by reference in the Preferred Prospectus or any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Underwriters and counsel for the Underwriters and obtain the consent of the Underwriters to the filing;
(f) As soon as practicable after the Delivery Date, to make generally available to the Company's security holders and to deliver to the Underwriters an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) For a period of five years following the Delivery Date, to furnish to the Underwriters copies of all materials furnished by the Company to its stockholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which any securities of the Company may be listed pursuant to requirements of, or agreements with, such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder;
(h) Promptly, from time to time, to take such action as the Underwriters may reasonably request to qualify the Securities Shares for offer offering and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the Securities; Shares provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectjurisdiction;
(ci) to furnish to To apply the Underwriters such number of conformed copies net proceeds from the sale of the Registration Statement, Shares as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference set forth in the Registration Statement, any Preliminary Prospectus or the Preferred Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(dj) during the period in which the Prospectus relating Not to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any additional securities that are of the Company substantially similar to the Securities.
Shares or any securities convertible into or exchangeable for or that represent the right to receive any such similar securities, without the consent (gwhich consent shall not be unreasonably withheld) of Xxxxxx Brothers Inc. during the period beginning from the date of this Agreement and continuing to pay and including the required Commission filing fees related to __________ day following the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities ActDelivery Date;
(hk) To use its best efforts to apply permit the net proceeds from the sale of the Securities as described in the Disclosure Package Shares to be eligible for clearance and the Prospectus under the heading “Use of Proceeds”settlement through DTC; and
(il) not To take such steps as shall be necessary to take, directly or indirectly, ensure that neither the Company nor any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation subsidiary shall become an "investment company" within the meaning of such term under the Investment Company Act of 1940 and the rules and regulations of the price of the SecuritiesCommission thereunder.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Underwriter and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than the Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofProspectus except as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersUnderwriter, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriter with copies thereof; to advise the CommissionUnderwriter, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to the Underwriter and to counsel for the Underwriter a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Underwriter such number of the following documents as the Underwriter shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits) and, (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus; and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Stock or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Underwriter and, upon its request, to file such document and to prepare and furnish without charge to the Underwriter and to any dealer in securities as many copies as the Underwriter may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the judgment of the Company or the Underwriter, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus, any document incorporated by reference in the Prospectus or any prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Underwriter and counsel for the Underwriter and obtain the consent of the Underwriter to the filing; provided, that the foregoing restriction shall not preclude the Company from (x) filing without the consent of the Underwriter any document required to be filed under the Exchange Act or (y) after the period set forth in Section 6(i) of this Agreement, amending the Registration Statement or filing a prospectus;
(f) As soon as practicable after the Effective Date, to make generally available to the Company's security holders and to deliver to the Underwriter an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) For a period of three years following the Effective Date, to furnish to the Underwriter copies all materials furnished by the Company to its stockholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Common Stock may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder; provided however that the Company shall not be required to provide the Underwriter with any such reports, registration statements or similar forms that have been filed with the Commission by electronic transmission pursuant to EDGAR;
(h) Promptly from time to time to take such action as the Underwriters xx xxe Underwriter may reasonably request to qualify the Securities Stock for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Underwriter may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesStock; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectjurisdiction;
(ci) to furnish Prior to the Underwriters such number of conformed copies Effective Date, to apply, to the extent necessary, for the listing of the Registration StatementStock on the New York Stock Exchange and to use its best efforts to complete that listing, as originally filed and each amendment thereto (excluding exhibits other than this Agreement)subject only to official notice of issuance, any Preliminary Prospectus, prior to the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably requestDelivery Date;
(dj) during To take such steps as shall be necessary to ensure that neither the period in which Company nor any subsidiary shall become an "investment company" within the Prospectus relating to meaning of such term under the Securities (or in lieu thereof, Investment Company Act of 1940 and the notice referred to in Rule 173(a) rules and regulations of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 Commission thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(ik) To not to take, directly or indirectly, indirectly take any action designed to or that could which has constituted or which might reasonably be expected to cause or result in any in, under the Exchange Act or otherwise, stabilization or manipulation of the price of any security of the SecuritiesCompany to facilitate the sale or resale of the Stock.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheetany registration statement or prospectus, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplementedif required, in relation to connection with the Securities Remarketing, in a form approved by the Underwriters Remarketing Agent and to file any such registration statement or cause to be filed with the Commission such Prospectus, prospectus pursuant to Rule 424(b) under the Securities Act, Act within the time period prescribed required by such Rulethe Rules and Regulations; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be reasonably disapproved by the Underwriters Remarketing Agent promptly after reasonable notice thereof; to advise the Underwriters Remarketing Agent, promptly after it receives notice thereof, of the time when any such amendment to the Registration Statement has been filed or becomes effective or any supplement after such Closing Date to the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters Remarketing Agent with copies thereof and thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus Prospectus is required in connection with the offering or sale of such Securities, and during such same period the remarketed Debentures; to advise the UnderwritersRemarketing Agent, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities any of the remarketed Debentures for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such order;its withdrawal.
(b) To furnish promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request Remarketing Agent and to comply with such laws so as to permit counsel for the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; provided that in connection therewith the Company shall not be required to qualify as Remarketing Agent a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date signed copy of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.originally filed
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersyou:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters you and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than the Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date last Time of Delivery (except in accordance with Section 5(e) hereof) which shall be disapproved by the Underwriters you promptly after reasonable notice thereof; to advise you, promptly after it receives notice thereof, of the Underwriters promptly of time when any such amendment to the Registration Statement has been filed or becomes effective or any supplement after such Closing Date to the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters you with copies thereof and thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period the Shares; to advise the Underwritersyou, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Shares for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, promptly to promptly use its best efforts to obtain the withdrawal of such order;
(b) To furnish promptly from time to time you and to take your counsel such action as the Underwriters may number of conformed copies you shall reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; provided that in connection Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectincorporated by reference therein and all documents incorporated by reference therein;
(c) Prior to 5:00 P.M., New York City time, on the New York Business Day (as defined below) next succeeding the date of this Agreement and from time to time, to furnish to the Underwriters you with such number of written and electronic copies of the following documents as you shall reasonably request: (i) conformed copies of the Registration Statement, Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement), any ) and (ii) each Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement Prospectus; and, if the delivery of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it prospectus is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file required at any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.the
Appears in 1 contract
Further Agreements of the Company. The Company covenants and agrees with the UnderwritersUnderwriter:
(ai) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representative and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by such RuleCommission’s close of business on the second business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement or the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing each Delivery Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as provided herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersRepresentative, promptly after it receives notice thereof, of the time when any amendment or supplement to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Representative with copies thereof; to advise the CommissionRepresentative, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or Registration Statement, the Prospectus, any Issuer Free Writing Prospectus, or any Written Testing-the-Waters Communication of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding or examination for any such purpose, no Section 8A proceedings under the Securities Act, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary the Prospectus, the Prospectus or any Issuer Free Writing Prospectus Prospectus, or any Written Testing-the-Waters Communication or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of the Prospectus, any prospectus relating to the Securities Issuer Free Writing Prospectus, or any Written Testing-the-Waters Communication or suspending any such qualification, to use promptly use its their best efforts to obtain the withdrawal of such order;its withdrawal.
(bii) To furnish promptly to the Representative and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(iii) To deliver promptly to the Representative such number of the following documents as the Representative shall reasonably request: (A) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement), (B) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus, (C) each Issuer Free Writing Prospectus, (D) any Written Testing-the-Waters Communication, and (E) any document incorporated by reference in any Preliminary Prospectus or the Prospectus; and, if the delivery of a prospectus is required in connection with the offering or sale of the Stock or any other securities relating thereto and if at such time any event shall have occurred within the Prospectus Delivery Period as a result of which the Prospectus, the Pricing Disclosure Package, Issuer Free Writing Prospectus, or Written Testing-the-Waters Communication as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus, the Pricing Disclosure Package, Issuer Free Writing Prospectus, or Written Testing-the-Waters Communication is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus, the Pricing Disclosure Package, Issuer Free Writing Prospectus, or Written Testing-the-Waters Communication in order to comply with the Securities Act, to notify the Representative and, upon request, to file such document and to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Representative may from time to time reasonably request of an amended or supplemented Prospectus, the Pricing Disclosure Package, Issuer Free Writing Prospectus, or Written Testing-the-Waters Communication that will correct such statement or omission or effect such compliance.
(iv) To file promptly with the Commission any amendment or supplement to the Registration Statement or the Prospectus that may, in the judgment of the Company or the Representative, be required by the Securities Act or requested by the Commission.
(v) Prior to filing with the Commission any amendment or supplement to the Registration Statement, the Prospectus, any document incorporated by reference in the Prospectus or any amendment to any document incorporated by reference in the Prospectus, to furnish a copy thereof to the Representative and counsel for the Underwriters and obtain the consent of the Representative to the filing.
(vi) Not to make any offer relating to the Stock that would constitute an Issuer Free Writing Prospectus or Written Testing-the-Waters Communication without the prior written consent of the Representative.
(vii) To comply with all applicable requirements of Rule 433 under the Securities Act with respect to any Issuer Free Writing Prospectus. If at any time after the date hereof any event shall have occurred as a result of which any Issuer Free Writing Prospectus, as then amended or supplemented, would conflict with the information in the Registration Statement, the most recent Preliminary Prospectus or the Prospectus or would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading, or, if for any other reason it shall be necessary to amend or supplement any Issuer Free Writing Prospectus, to notify the Representative and, upon request, to file such document and to prepare and furnish without charge to each Underwriter as many copies as the Representative may from time to time reasonably request of an amended or supplemented Issuer Free Writing Prospectus that will correct such conflict, statement or omission or effect such compliance.
(viii) As soon as practicable after the Effective Date (it being understood that the Company shall have until at least 405 days or, if the fourth quarter following the fiscal quarter that includes the Effective Date is the last fiscal quarter of the Company’s fiscal year, 440 days after the end of the Company’s current fiscal quarter), to make generally available to the Company’s security holders and to deliver to the Representative an earnings statement of the Company (which need not be audited) complying with Section 11(a) of the Securities Act and the rules and regulations thereunder (including, at the option of the Company, Rule 158).
(ix) Promptly from time to time to take such action as the Underwriters Representative may reasonably request to qualify the Securities Stock for offer offering and sale under the securities or Blue Sky laws of such jurisdictions as the Underwriters Representative may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesStock; provided that in connection therewith the Company shall not be required to (i) qualify as a foreign corporationentity in any jurisdiction in which it would not otherwise be required to so qualify, to (ii) file a general consent to service of process in any jurisdiction such jurisdiction, or to become (iii) subject itself to taxation in any jurisdiction in which it is would not otherwise be subject;.
(cx) For a period commencing on the date hereof and ending on the 45th day after the date of the Prospectus (the “Lock-Up Period”), not to, directly or indirectly, (A) offer for sale, sell, pledge, lend, or otherwise dispose of (or enter into any transaction or device that is designed to, or could be expected to, result in the disposition by any person at any time in the future of) any Common Stock, Class B Stock or securities convertible into or exercisable or exchangeable for Common Stock or Class B Stock (other than the Stock or Common Stock issued pursuant to furnish employee benefit plans, qualified option plans or other employee compensation plans existing on the date hereof and any exchange or redemption at any time or from time to time by the Sponsor of any and all Class B Stock and OpCo Units held by the Sponsor for Common Stock) (other than in connection with the Offering), (B) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the economic benefits or risks of ownership of such Common Stock or Class B Stock, whether any such transaction described in clause (A) or (B) above is to be settled by delivery of Common Stock, Class B Stock or other securities, in cash or otherwise, (C) file or cause to be filed a registration statement, including any amendments thereto, with respect to the Underwriters such number registration of conformed copies any Common Stock, Class B Stock or securities convertible, exercisable or exchangeable into Common Stock, Class B Stock or any other securities of the Registration Statement, as originally filed and each amendment thereto Company (excluding exhibits other than this Agreementthe Registration Statement and any registration statement on Form S-8), any Preliminary Prospectus, or (D) publicly disclose the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements intention to do any of such documents the foregoing (including other than any document filed under disclosure related to the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the ProspectusOffering), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the RepresentativesRepresentative, offeron behalf of the Underwriters, sell, contract and to sell or otherwise dispose cause the Selling Stockholder and each officer and director of any securities that are substantially similar the Company set forth on Schedule IV hereto to furnish to the SecuritiesRepresentative, on behalf of the Underwriters, prior to the Initial Delivery Date, a letter or letters, substantially in the form of Exhibit A hereto (the “Lock-Up Agreements”).
(gxi) [Intentionally omitted.]
(xii) If the Company elects to pay the required Commission filing fees related to rely upon Rule 462(b) under the Securities within Act, the time period required by Company shall file a Rule 456(b)(1462(b) Registration Statement with the Commission in compliance with Rule 462(b) under the Securities Act without regard to by 10:00 P.M., Washington, D.C. time, on the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale date of the Securities as described in the Disclosure Package this Agreement, and the Prospectus under Company shall at the heading “Use time of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of filing pay the price of Commission the Securities.filing fee for the Rule 462(b)
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the UnderwritersPlacement Agent and the Purchasers:
(a) to prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d(i) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, pursuant to Rule 424(b) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement prior to the Closing Date to the Registration Statement or Prospectus as amended any amendment or supplemented after the date of this Agreement and prior supplement to the Closing Date Prospectus Supplement without the consent of the Placement Agent, which consent shall not be disapproved by unreasonably withheld; (ii) for so long as the Underwriters promptly after reasonable notice thereof; delivery of a prospectus is required in connection with the offering or sale of the Stock, to advise the Underwriters Placement Agent promptly after it receives notice thereof, of the time when any such amendment to the Registration Statement has been filed or becomes effective or any supplement after such Closing Date to the Prospectus Supplement or any amended Prospectus Supplement has been filed and to furnish the Underwriters Placement Agent with copies thereof and thereof; (iii) to use its commercially practicable efforts to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission and Nasdaq pursuant to Sections Section 13(a), 13(c), 14 15 or 15(d) of the Exchange Act subsequent to the dates of the Prospectus Supplement and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period the Stock; (iv) to advise the UnderwritersPlacement Agent, promptly after it receives notice thereofnotices thereof for so long as the delivery of a prospectus is required in connection with the offering or sale of Stock, (x) of any request by the time when any amendment Commission to amend the Registration Statement has been filed or any to amend or supplement to the most recent Preliminary Prospectus and the Prospectus Supplement or any amended Prospectus has been filed with the Commission, for additional information related thereto and (y) of the issuance by the Commission of any stop order suspending the effectiveness of the Registration Statement or of any post-effective amendment thereto or any order directed at any Incorporated Document or any amendment or supplement thereto or any order preventing or suspending the use of any prospectus relating to the Securities Base Prospectus or the Prospectus Supplement or any Issuer Free Writing Prospectusamendment or supplement thereto, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation institution or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Statement or Prospectus or any Issuer Free Writing Prospectus Supplement or for additional informationinformation related thereto; and, (v) in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to the Securities Base Prospectus or Prospectus Supplement or suspending any such qualification, promptly to promptly use its commercially reasonable best efforts to obtain the withdrawal of such order;.
(b) promptly from time to time to take such action as the Underwriters may reasonably request to qualify To comply with the Securities for offer Act and sale under the securities laws of such jurisdictions as Exchange Act, and the Underwriters may reasonably request Rules and to comply with such laws Regulations, so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale completion of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies distribution of the Registration Statement, Stock as originally filed contemplated in this Agreement and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) Supplement. If during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) a prospectus is required by law to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time Placement Agent or a dealer in force, so far as is necessary to permit connection with the continuance distribution of sales of or dealings in the Securities as Stock contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period Supplement, any event occurs shall occur as a result of which which, in the Disclosure Package judgment of the Company or in the reasonable opinion of the Placement Agent or counsel for the Placement Agent, it becomes necessary to amend or supplement the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary Supplement in order to make the statements therein, in the light of the circumstances then existingexisting at the time the Prospectus Supplement are delivered to a purchaser, not misleading, or or, if during such period it is necessary at any time to amend or supplement the Prospectus Supplement to comply with any law, the Company promptly will prepare and file with the Commission, and furnish at its own expense to the Placement Agent and to dealers, an appropriate amendment to the Registration Statement or amend supplement to the Prospectus Supplement so that the Prospectus Supplement as so amended or supplemented will not, in the light of the circumstances when it is so delivered, be misleading, or so that the Prospectus Supplement will comply with such law. Before amending the Registration Statement or supplementing the Base Prospectus in connection with the Offering, the Company will furnish the Placement Agent with a copy of such proposed amendment or supplement the Disclosure Package or the Prospectus or and will not file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement to which the Placement Agent reasonably objects.
(c) To deliver promptly to the Placement Agent such number of the following documents as the Representatives may from time to time Placement Agent shall reasonably request;: (i) the Base Prospectus, (ii) the Prospectus Supplement (not later than 10:00 A.M., New York time, on the Business Day following the execution and delivery of this Agreement) and any amendment or supplement thereto (not later than 10:00 A.M., New York City time, on the Business Day following the date of such amendment or supplement); and (iii) any document incorporated by reference in the Base Prospectus or Prospectus Supplement. The Company will pay the expenses of printing or other production of all documents relating to the Offering.
(ed) to To make generally available to security-holders of the Company its stockholders as soon as practicable, but in any event not later than eighteen months after the effective date of the Company Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158 thereunder158);.
(e) To promptly take from time to time such actions as the Placement Agent may reasonably request to qualify the Stock for offering and sale under the securities, or blue sky, laws of such jurisdictions (including without limitation any post-filing requirements) as the Placement Agent may designate and to continue such qualifications in effect for so long as required for the distribution of the Stock, and the Company will pay the fee of the NASD in connection with its review of the Offering, if applicable. The Company shall not be obligated to qualify as a foreign corporation in any jurisdiction in which it is not so qualified or to file a general consent to service of process in any jurisdiction.
(f) between Not to directly or indirectly offer, sell, assign, transfer, pledge, contract to sell, or otherwise dispose of any share of Common Stock or securities convertible into or exercisable or exchangeable for Common Stock for a period of ninety (90) days from the date of this Agreement and the Closing DateProspectus Supplement without the prior written consent of SX Xxxxx, neither other than (i) the Company’s sale of the Stock and shares or options to purchase shares pursuant to qualified stock option plans, nor currently outstanding options, warrants or rights and (ii) securities issued to a collaborative partner of the Company solely in connection with a corporate partnering transaction approved by the Board of Directors of the Company; provided, however, that before issuing any shares to a collaborative partner, the Company shall obtain from such collaborative partner an agreement to be bound by a letter substantially in the form of its subsidiaries Exhibit B, pursuant to which such collaborative partner shall agree not to directly or other affiliates over which it exercises management indirectly offer, sell, assign, transfer, pledge, contract to sell, or voting control, nor otherwise dispose of any person acting on their behalf willshares of Common Stock or securities convertible into or exercisable or exchangeable for Common Stock for the Lock-Up Period (as defined in the form of agreement attached as Exhibit B hereto), without the prior written consent of the RepresentativesPlacement Agent. The Company will cause each of its executive officers and directors to furnish to the Placement Agent, at the Execution Time, a letter, substantially in the form of Exhibit B attached hereto, pursuant to which each such person shall agree not to directly or indirectly offer, sell, assign, transfer, pledge, contract to sell sell, or otherwise dispose of any shares of Common Stock or securities that are substantially similar convertible into or exercisable or exchangeable for Common Stock for the Lock-Up Period (as defined in the form of agreement attached as Exhibit B hereto) without the prior written consent of the Placement Agent. If (i) the Company issues an earnings release or material news or a material event relating to the SecuritiesCompany occurs during the last 17 days of the Lock-Up Period, or (ii) prior to the expiration of the Lock-Up Period, the Company announces that it will release earnings results during the 16-day period beginning on the last day of the Lock-Up Period, the restrictions imposed by this Section 4(f) shall continue to apply until the expiration of the 18-day period beginning on the issuance of the earnings release or the occurrence of the material news or material event.
(g) to pay the required Commission filing fees related Prior to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard Closing Date, to furnish to the proviso therein and otherwise Placement Agent, as soon as they have been prepared, copies of any unaudited interim consolidated financial statements of the Company for any periods subsequent to the periods covered by the financial statements appearing or incorporated by reference in accordance with Rules 456(b) and 457(r) under the Securities Act;Base Prospectus, the Prospectus Supplement or the Registration Statement.
(h) Prior to the Closing Date, not to issue any press release or other communication directly or indirectly or hold any press conference with respect to the Company, its condition, financial or otherwise, or earnings, business affairs or business prospects (except for routine oral marketing communications in the ordinary course of business and consistent with the past practices of the Company and of which the Placement Agent is notified), without the prior written consent of the Placement Agent, unless in the judgment of the Company and its counsel, and after notification to the Placement Agent, such press release or communication is required by law. In such event, the Company shall consult with the Placement Agent as to the contents of such press release.
(i) To apply the net proceeds from the sale of the Securities Stock as described set forth in the Disclosure Package and the Prospectus Supplement under the heading “Use of Proceeds.”; and
(ij) To maintain, at its expense, a registrar and transfer agent for the Stock.
(k) To not to take, directly or indirectly, take any action designed prior to the Closing Date which would require the Prospectus Supplement to be amended or that could reasonably be expected supplemented pursuant to cause or result Section 4(b).
(l) To supply the Placement Agent with copies of all correspondence to and from, and all documents issued to and by, the Commission in any stabilization or manipulation connection with the registration of the price of Stock under the SecuritiesSecurities Act.
(m) To use commercially reasonably efforts as requested to permit the Stock to be continued to be quoted on the Nasdaq National Market at the Closing Date.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersto use its reasonable best efforts:
(a) To prepare any registration statement or prospectus and any amendment and supplemental amendment thereto in each case, in a form reasonably acceptable to prepare the Final Term SheetRemarketing Agent, substantially in connection with the form of Schedule 3 hereto and approved by the Representatives and Remarketing, and, if required, to file the Final Term Sheet any such prospectus pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities in a form approved required by the Underwriters Rules and to file or cause to be filed with the Commission such Prospectus, pursuant to Rule 424(b) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofRegulations; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersRemarketing Agent, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and (or the Prospectus Remarketing Materials) or any amended Prospectus (or the Remarketing Materials) has been filed and to furnish the Remarketing Agent with copies thereof; to file all reports and any definitive proxy or information statements required to be filed by the Company with the CommissionCommission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of Remarketed Notes; to advise the Remarketing Agent, after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities Prospectus or any Issuer Free Writing Prospectusthe Remarketing Materials, of the suspension of the qualification of such Securities the Remarketed Notes for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus the Remarketing Materials or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Prospectus or the Securities Remarketing Materials or suspending any such qualification, to promptly use its commercially reasonable best efforts to obtain the withdrawal of such order;
(b) promptly To furnish to the Remarketing Agent and to counsel for the Remarketing Agent a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) Prior to 10:00 a.m. New York City time, on the Business Day next succeeding the date of this Agreement and from time to time, to deliver to the Remarketing Agent in New York City such number of the following documents as the Remarketing Agent shall reasonably request:
(i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto,
(ii) the Prospectus or the Remarketing Materials and any amended or supplemented Prospectus or the Remarketing Materials,
(iii) any document incorporated by reference in the Prospectus and the Remarketing Materials (excluding exhibits thereto), and
(iv) any Remarketing Materials; and, if the delivery of a prospectus is required at any time in connection with the Remarketing and if at such time any event shall have occurred as a result of which the Prospectus or the Remarketing Materials as then amended or supplemented would include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus or the Remarketing Materials, as applicable, is delivered, not misleading, or if for any other reason it shall be necessary during such same period to amend or supplement the Prospectus and the Remarketing Materials or to file under the Exchange Act any document incorporated by reference in the Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Remarketing Agent and, upon its request, to file such document and to prepare and furnish without charge to the Remarketing Agent and to any dealer in securities as many copies as the Remarketing Agent may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance;
(d) To file with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the judgment of the Company or the Remarketing Agent, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission (i) any amendment to the Registration Statement or supplement to the Prospectus or any document incorporated by reference in the Prospectus or (ii) any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Remarketing Agent and counsel for the Remarketing Agent;
(f) To make generally available to its security holders as soon as practicable, but in any event not later than ninety days after the close of the period covered thereby, an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and covering a period of at least twelve consecutive months beginning not later than the first day of the fiscal quarter following the Remarketing Closing Date; and
(g) From time to time to take such action as the Underwriters Remarketing Agent may reasonably request to qualify the Securities Remarketed Notes for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Remarketing Agent may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale offering of the SecuritiesNotes; provided that in connection therewith therewith, the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securitiesjurisdiction.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to COMPLIANCE WITH SECURITIES REGULATIONS AND COMMISSION REQUESTS. To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Xxxxxx Brothers Inc. and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing last Delivery Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters with copies thereof; to file timely all reports and any definitive proxy or information statements required to be filed by the Company with the CommissionCommission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of the Corporate PIES; to advise the Underwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Corporate PIES for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its reasonable best efforts to obtain the withdrawal of such orderits withdrawal;
(b) promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersfurther agrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved (not to be unreasonably withheld) by the Underwriters Underwriter and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under of the Securities Act, within Rules and Regulations not later than the time period prescribed by such RuleCommission’s close of business on the second business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement or the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Delivery Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as provided herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersUnderwriter, promptly after it receives notice thereof, of the time when any amendment or supplement to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriter with copies thereof; to advise the CommissionUnderwriter, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities Prospectus or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Shares for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding or examination for any such purpose, purpose or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of the Prospectus or any prospectus relating to the Securities Issuer Free Writing Prospectus or suspending any such qualification, to use promptly use its best commercially reasonable efforts to obtain its withdrawal at the withdrawal of such orderearliest possible time;
(b) To furnish promptly to each of the Underwriter and to counsel for the Underwriter a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Underwriter such number of the following documents as the Underwriter shall reasonably request: (A) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement), (B) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus, and (C) each Issuer Free Writing Prospectus; and, if the delivery of a prospectus is required at any time after the date hereof in connection with the offering or sale of the Shares or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus in order to comply with the Securities Act, to notify the Underwriter and, upon its reasonable request, to file such document and to prepare and furnish without charge to the Underwriter and to any dealer in securities as many copies as the Underwriter may from time to time reasonably request of an amended or supplemented Prospectus that will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment or supplement to the Registration Statement or the Prospectus that may, in the reasonable judgment of the Company or in the opinion of counsel for the Underwriter, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment or supplement to the Registration Statement or the Prospectus on or prior to the Delivery Date, to furnish a copy thereof to the Underwriter and counsel for the Underwriter and obtain the consent of the Underwriter to the filing, which consent shall not be unreasonably withheld or delayed;
(f) Not to make any offer relating to the Shares that would constitute an Issuer Free Writing Prospectus without the prior written consent of the Underwriter;
(g) To comply with all applicable requirements of Rule 433 of the Rules and Regulations with respect to any Issuer Free Writing Prospectus; and if at any time after the date hereof any events shall have occurred as a result of which any Issuer Free Writing Prospectus, as then amended or supplemented, would conflict with the information in the Registration Statement, the most recent Preliminary Prospectus or the Prospectus or would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading, or, if for any other reason it shall be necessary to amend or supplement any Issuer Free Writing Prospectus, to notify the Underwriter and, upon its reasonable request, to file such document and to prepare and furnish without charge to the Underwriter as many copies as the Underwriter may from time to time reasonably request of an amended or supplemented Issuer Free Writing Prospectus that will correct such conflict, statement or omission or effect such compliance;
(h) As soon as practicable after the Effective Date (it being understood that the Company shall have until at least 410 days or, if the fourth quarter following the fiscal quarter that includes the Effective Date is the last fiscal quarter of the Company’s fiscal year, 455 days after the end of the Company’s current fiscal quarter), to make generally available to the Company’s security holders and to deliver to the Underwriter an earnings statement of the Company (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158 of the Rules and Regulations), it being agreed that such obligation may be satisfied by filings made with the Commission’s Electronic Data Gathering Analysis Retrieval System;
(i) Promptly from time to time to take such action as the Underwriters Underwriter may reasonably request to qualify the Securities Shares for offer offering and sale under the securities laws of such jurisdictions States of the United States of America as the Underwriters Underwriter may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesShares; provided that in connection therewith the Company shall not be required to (i) qualify as a foreign corporationcorporation in any jurisdiction in which it would not otherwise be required to so qualify, to (ii) file a general consent to service of process in any such jurisdiction or to become (iii) subject itself to taxation in any jurisdiction in which it is would not otherwise be subject;
(cj) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to To apply the net proceeds from the sale of the Securities Shares being sold by the Company as described set forth in the Disclosure Package and the Prospectus under the heading caption “Use of Proceeds”” in all material respects; and
(ik) not On the Delivery Date, to take, directly or indirectly, any action designed issue to or the Underwriter the Underwriter Warrants to purchase that could reasonably be expected number of shares of Common Stock equal to cause or result in any stabilization or manipulation 5% of the Shares (adjusted downward to the nearest whole share). The Underwriter Warrants shall be in the form of Exhibit A attached hereto. The Underwriter Warrants shall have an exercise price per share equal to 120% of the Securitiesinitial public offering price per Share in the offering. The Underwriter Warrants will be exercisable beginning six months after the date of the Prospectus until the fifth anniversary of the date of the Prospectus.
Appears in 1 contract
Samples: Underwriting Agreement (Geotag Inc.)
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing last Delivery Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters with copies thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the CommissionCommission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of the Stock; to advise the Underwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to each of the Underwriters and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Underwriters such number of the following documents as the Underwriters shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement), (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus and (iii) any document incorporated by reference in the Prospectus (excluding exhibits thereto); and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Stock or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Underwriters and, upon their request, to file such document and to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Underwriters may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the judgment of the Company or the Underwriters, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus, any document incorporated by reference in the Prospectus or any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Underwriters and counsel for the Underwriters and obtain the consent of the Underwriters to the filing;
(f) As soon as practicable after the Effective Date, to make generally available to the Company's security holders and to deliver to the Underwriters an earning statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) For a period of five years following the Effective Date, to furnish to the Underwriters copies of all materials furnished by the Company to its shareholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Common Stock may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder;
(h) Promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities Stock for offer offering and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesStock; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectjurisdiction;
(ci) For a period of 90 days from the date of the Prospectus, not to, directly or indirectly, (1) offer for sale, sell, pledge or otherwise dispose of (or enter into any transaction or device which is designed to, or could be expected to, result in the disposition by any person at any time in the future of) any shares of Common Stock or securities convertible into or exchangeable for Common Stock (other than (i) the Stock, (ii) shares issued pursuant to employee benefit plans, qualified stock option plans or other employee compensation plans existing on the date hereof or pursuant to currently outstanding options, warrants or rights and (iii) shares of Common Stock issued in connection with any acquisition of another company if the terms of such issuance provide that such Common Stock shall not be resold prior to the expiration of the period referenced in this paragraph), or sell or grant options, rights or warrants with respect to any shares of Common Stock or securities convertible into or exchangeable for Common Stock (other than the grant of options pursuant to option plans existing on the date hereof), or (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the economic benefits or risks of ownership of such shares of Common Stock, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of Common Stock or other securities, in cash or otherwise, in each case without the prior written consent of Xxxxxx Brothers Inc.; and to cause each officer and director of the Company to furnish to the Underwriters Underwriters, prior to the First Delivery Date, a letter or letters, in form and substance satisfactory to counsel for the Underwriters, pursuant to which each such number person shall agree not to, directly or indirectly, (A) offer for sale, sell, pledge or otherwise dispose of conformed copies (or enter into any transaction or device which is designed to, or could be expected to, result in the disposition by any person at any time in the future of) any shares of Common Stock or securities convertible into or exchangeable for Common Stock (other than the Stock) or (B) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any economic benefits or risks of ownership of such documents shares of Common Stock, whether any such transaction described in clause (including any document filed under the Exchange Act and deemed A) or (B) above is to be incorporated settled by reference delivery of Common Stock or other securities, in the Registration Statement, any Preliminary Prospectus cash or the Prospectus)otherwise, in each case as soon as available and in such quantities as for a period of 90 days from the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf willProspectus, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities ActXxxxxx Brothers Inc.;
(hj) to To apply the net proceeds from the sale of the Securities Stock being sold by the Company as described set forth in the Disclosure Package Prospectus;
(k) Prior to the Effective Date, to apply for the inclusion of the Stock on the National Market System and to use its best efforts to complete that listing, subject only to official notice of issuance, prior to the Prospectus under the heading “Use of Proceeds”First Delivery Date; and
(il) not To take such steps as shall be necessary to take, directly or indirectly, ensure that neither the Company nor any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation subsidiary shall become an "investment company" within the meaning of such term under the Investment Company Act of 1940 and the rules and regulations of the price of the SecuritiesCommission thereunder.
Appears in 1 contract
Samples: Underwriting Agreement (JPM Co)
Further Agreements of the Company. (a) The Company agrees with the UnderwritersPlacement Agent and the Purchasers:
(ai) to prepare To notify the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) Placement Agent immediately of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters and Company’s intention to file or cause prepare any supplement or amendment to be filed with any Registration Statement or to the Commission such Prospectus, pursuant to Rule 424(b) under the Securities Act, within the time period prescribed by such Rule; Prospectus and to make no further amendment or supplement to the Registration Statement, the General Disclosure Package or to the Prospectus to which the Placement Agent shall reasonably object by notice to the Company after a reasonable period to review; to advise the Placement Agent, promptly after it receives notice thereof, of the time when any amendment to any Registration Statement has been filed or becomes effective or any supplement to the Registration Statement General Disclosure Package or the Prospectus as or any amended or supplemented after Prospectus has been filed and to furnish the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice Placement Agent with copies thereof; to advise file promptly all material required to be filed by the Underwriters promptly Company with the Commission pursuant to Rules 433(d) or 163(b)(2) of any such amendment or supplement after such Closing Date the Rules and furnish Regulations, as the Underwriters with copies thereof and case may be; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus -19- and for so long as the delivery of a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations) is required in connection with the offering or sale of such Securities, and during such same period the Shares; to advise the UnderwritersPlacement Agent, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing Prospectus or the Prospectus, of the suspension of the qualification of such Securities the Shares for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus General Disclosure Package or any Issuer Free Writing the Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Issuer Free Writing Prospectus or the Securities Prospectus or suspending any such qualification, and promptly to promptly use its best efforts to obtain the withdrawal of such order;.
(bii) promptly from time to time to take such action as The Company represents and agrees that, unless it obtains the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale prior consent of the SecuritiesPlacement Agent, it has not made and will not make any offer relating to the Shares that would constitute a “free writing prospectus” as defined in Rule 405 of the Rules and Regulations (each, a “Permitted Free Writing Prospectus”); provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general prior written consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this AgreementPlacement Agent hereto shall be deemed to have been given in respect of the General Use Free Writing Prospectus(es), any Preliminary Prospectus, the Final Term Sheet if any. The Company represents that it has treated and any other agrees that it will treat each Permitted Free Writing Prospectus as an Issuer Free Writing Prospectus, comply with the Prospectus requirements of Rules 164 and all amendments 433 of the Rules and supplements Regulations applicable to any Issuer Free Writing Prospectus, including the requirements relating to timely filing with the Commission, legending and record keeping and will not take any action that would result in the Placement Agent or the Company being required to file with the Commission pursuant to Rule 433(d) of the Rules and Regulations a free writing prospectus prepared by or on behalf of such documents (including any document filed under the Exchange Act and deemed Placement Agent that such Placement Agent otherwise would not have been required to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;file thereunder.
(diii) during the period in which the If at any time when a Prospectus relating to the Shares is required to be delivered under the Securities Act any event occurs or condition exists as a result of which the Prospectus as then amended or supplemented would include any untrue statement of a material fact, or omit to state any material fact necessary to make the statements therein, in light of the circumstances under which they were made when the Prospectus is delivered (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) Rules and Regulations), not misleading, or if it is required necessary at any time to be delivered amend or supplement any Registration Statement or the Prospectus or to file under the Securities Act, Exchange Act any document incorporated by reference in the Prospectus to comply with all requirements imposed upon it by the Securities Act or the Exchange Act, that the Company will promptly notify the Placement Agent thereof and upon their request will prepare an appropriate amendment or supplement to the Prospectus that corrects such statement or omission or effect such compliance and will furnish without charge to the Placement Agent and to any dealer in securities -20- as many copies as the Placement Agent may from time to time in force, so far as reasonably request of such amendment or supplement.
(iv) If the General Disclosure Package is necessary being used to permit solicit offers to buy the continuance of sales of or dealings in Shares at a time when the Securities as contemplated by the provisions of this Agreement Prospectus is not yet available to prospective purchasers and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs shall occur as a result of which which, in the judgment of the Company or in the reasonable opinion of the Placement Agent, it becomes necessary to amend or supplement the General Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances then existingprevailing, not misleading, or to make the statements therein not conflict with the information contained or incorporated by reference in the Registration Statement then on file and not superseded or modified, or if during such period it is necessary at any time to amend the Registration Statement or amend or supplement the General Disclosure Package to comply with any law, the Company promptly will prepare, file with the Commission (if required) and furnish to the Placement Agent and any dealers an appropriate amendment or supplement to the General Disclosure Package.
(v) If at any time following issuance of an Issuer Free Writing Prospectus there occurred or occurs an event or development as a result of which such Issuer Free Writing Prospectus conflicted or will conflict with the information contained in the Registration Statement, or Prospectus, including any document incorporated by reference therein and any prospectus supplement deemed to be a part thereof and not superseded or modified or included or would include an untrue statement of a material fact or omitted or would omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances prevailing at the subsequent time, not misleading, the Company has promptly notified or will promptly notify the Placement Agent so that any use of the Issuer Free Writing Prospectus may cease until it is amended or supplemented and has promptly amended or will promptly amend or supplement, at its own expense, such Issuer Free Writing Prospectus to eliminate or correct such conflict, untrue statement or omission. The foregoing sentence does not apply to statements in or omissions from any Issuer Free Writing Prospectus in reliance upon, and in conformity with, written information furnished to the Company by the Placement Agent specifically for inclusion therein, which information the parties hereto agree is limited to the Placement Agent’s Information (as defined in Section 18).
(vi) Upon request, to furnish promptly to the Placement Agent and to counsel for the Placement Agent a signed copy of the Registration Statement as originally filed with the Commission, and of each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(vii) To the extent not available on the Commission’s Electronic Data Gathering, Analysis and Retrieval system (“XXXXX”), to deliver promptly to the Placement Agent in Newport Beach, California such number of the following documents as the Placement Agent shall reasonably request: (A) conformed copies of the Registration Statement as originally filed with the Commission (in -21- each case excluding exhibits), (B) any Issuer Free Writing Prospectus, (C) the Prospectus, (D) conformed copies of any amendment to the Registration Statement (excluding exhibits), (E) any amendment or supplement to the General Disclosure Package or the Prospectus or file and (F) any document to comply with incorporated by reference in the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the General Disclosure Package or the Prospectus, as the case may be, or file any document Prospectus (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;excluding exhibits thereto).
(eviii) to To make generally available to security-holders of its shareholders (which may be satisfied by filing on the Company XXXXX system) as soon as practicable, but in any event not later than eighteen sixteen (16) months after the effective date of the each Registration Statement (as defined in Rule 158(c) under of the Securities ActRules and Regulations), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158 thereunder158);.
(fix) between To take promptly from time to time such actions as the date Placement Agent may reasonably request to qualify the Shares for offering and sale under the securities or Blue Sky laws of such jurisdictions (domestic or foreign) as the Placement Agent may designate and to continue such qualifications in effect, and to comply with such laws, for so long as required to permit the offer and sale of Shares in such jurisdictions; provided that the Company and its subsidiaries shall not be obligated to qualify as foreign corporations or as a dealer in securities in any jurisdiction in which they are not so qualified or to file a general consent to service of process in any jurisdiction.
(x) To the extent not available on the XXXXX system, upon request, during the period that the delivery of a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations) is required in connection with the offering or sale of the Shares, (A) as soon as they are available, copies of all reports or other communications furnished to shareholders, and (B) as soon as they are available, copies of any reports and financial statements furnished or filed with the Commission or any national securities exchange or automatic quotation system on which the Shares are listed or quoted.
(xi) contained herein to the contrary notwithstanding, at least two business days before the release or waiver of the restrictions on the transfer of any securities pursuant to the terms of the letter referenced in this Agreement section, the Placement Agent will notify the Company of the impending release or waiver and announce the impending release or waiver through a major news service, except where the release or waiver is effected solely to permit a transfer of securities that is not for consideration and where the transferee has agreed in writing to be bound by the same the restrictions contained in the letter referenced in this section.
(xii) To supply the Placement Agent and counsel for the Placement Agent with copies of all future correspondence to and from, and all documents issued to and by, the Commission in connection with the registration of the Shares under the Securities Act or any of the Registration Statement, the Prospectus, or any amendment or supplement thereto or document incorporated by reference therein.
(xiii) Prior to the Termination Date, to furnish to the Placement Agent, as soon as they have been prepared, copies of any unaudited interim consolidated financial statements of the Company for any periods subsequent to the periods covered by the financial statements appearing in the Registration Statement and the Closing Prospectus.
(xiv) Prior to the Termination Date, neither not to issue any press release or other communication directly or indirectly or hold any press conference with respect to the Company, nor any its condition, financial or otherwise, or earnings, business affairs or business prospects (except for routine oral marketing communications in the ordinary course of its subsidiaries or other affiliates over business and consistent with the past practices of the Company and of which it exercises management or voting control, nor any person acting on their behalf willthe Placement Agent is notified), without the prior written consent of the RepresentativesPlacement Agent, offerunless in the judgment of the Company and its counsel, sell, contract to sell or otherwise dispose of any securities that are substantially similar and after notification to the SecuritiesPlacement Agent, such press release or communication is required by law.
(gxv) Until the Placement Agent shall have notified the Company of the completion of the offering of the Shares, that the Company will not, and will cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, any Shares, or attempt to pay induce any person to purchase any Shares; and not to, and to cause its affiliated purchasers not to, make bids or purchase for the required Commission filing fees related purpose of creating actual, or apparent, active trading in or of raising the price of the Shares.
(xvi) Not to take any action prior to the Securities within Termination Date that would require the time period required by Rule 456(b)(1) under the Securities Act without regard Prospectus to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;be amended or supplemented.
(hxvii) To at all times comply with all applicable provisions of the Xxxxxxxx-Xxxxx Act in effect from time to time.
(xviii) To maintain, at its expense, a registrar and transfer agent for its Common Stock.
(xix) To apply the net proceeds from the sale of the Securities Shares as described set forth in the Registration Statement, the General Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and.” The Company shall manage its affairs and investments in such a manner as not to be or become an “investment company” within the meaning of the Investment Company Act and the rules and regulations thereunder.
(ixx) not To use its reasonable best efforts to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation maintain the quotation of the price Common Stock on the OTC Bulletin Board.
(xxi) To use its reasonable best efforts to assist the Placement Agent with any filings with FINRA and obtaining clearance from FINRA as to the amount of compensation allowable or payable to the Placement Agent.
(xxii) To use its reasonable best efforts to do and perform all things required to be done or performed under this Agreement by the Company prior to the Termination Date and to satisfy all conditions precedent to the delivery of the SecuritiesShares.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with each of the UnderwritersUnderwriters as follows:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters (such approval not to be unreasonably conditioned, withheld or delayed) and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, Act within the applicable time period prescribed for such filing by such Rule; the rules and regulations under the Securities Act, to make no further amendment or any supplement to the Registration Statement or the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereof; to advise thereof (unless in the Underwriters promptly reasonable judgment of any the Company and its counsel, such proposed amendment or supplement after such Closing Date and furnish is necessary to comply with law or to make the Underwriters with copies thereof and to file promptly all reports and any definitive proxy statements contained in or information statements required to be filed incorporated by reference in the Company with Registration Statement, the Commission pursuant to Sections 13(aDisclosure Package, the Prospectus or any Issuer Free Writing Prospectus, not misleading); during the Prospectus Delivery Period (as defined below), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any amendment or supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters, upon request, with copies thereof; to file promptly all material required to be filed by the Company with the CommissionCommission pursuant to Rule 433(d) under the Securities Act; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) under the Securities Act) is required in connection with the offering or sale of the Shares (such period of time, the “Prospectus Delivery Period”); during the Prospectus Delivery Period, to advise the Underwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order suspending the effectiveness of the Registration Statement or of any order preventing or suspending the use of any prospectus relating to the Securities Preliminary Prospectus or any Issuer Free Writing the Prospectus, of the suspension of the qualification of such Securities the Shares for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional informationinformation with respect thereto; and, in the event of the issuance of any such stop order suspending the effectiveness of the Registration Statement or of any such order preventing or suspending the use of any prospectus relating to the Securities Preliminary Prospectus or the Prospectus or suspending the qualification of the Shares for offering or sale in any such qualificationjurisdiction, to promptly use its reasonable best efforts to obtain the withdrawal of such order;
(b) promptly from time to time to take such action as the Underwriters may reasonably request to To qualify the Securities Shares for offer offering and sale under the securities blue sky laws of such jurisdictions as the Underwriters may reasonably request and to comply with continue such laws so as to permit the continuance of sales and dealings therein qualifications in such jurisdictions effect for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesShares; provided that in connection therewith the Company shall not be required to (i) qualify as a foreign corporationcorporation or other entity or as a dealer in securities in any such jurisdiction where it would not otherwise be required to so qualify, to (ii) file a any general consent to service of process in any jurisdiction or to become (iii) subject itself to taxation in any such jurisdiction in which if it is not otherwise so subject;
(ci) Prior to 10:00 a.m., New York City time, on the second New York Business Day following the date of this Agreement, and from time to time thereafter, to furnish to the Underwriters such number of conformed with written and electronic copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives Underwriters may from time to time reasonably request;
(dii) during the period in which During the Prospectus relating Delivery Period, to notify the Securities (or in lieu thereof, the notice referred to in Rule 173(a) Underwriters of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance occurrence of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a any material fact necessary in order to make the statements therein, in the light of the circumstances then existingunder which they were made when the Prospectus (or in lieu thereof, the notice referred to in Rule 173(a) under the Securities Act) is delivered to a purchaser, not misleading, or or, if for any other reason it shall be necessary during such same period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package Act or the Prospectus, as Exchange Act;
(iii) Upon the case may be, or file any document (in each case, at the expense request of the CompanyUnderwriters, during the Prospectus Delivery Period to file such amendments or supplements to the Prospectus as may be necessary so that the statements in the Prospectus as so amended or supplemented will not include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when the Prospectus (or in lieu thereof, the notice referred to in Rule 173(a) under the Securities Act) is delivered to a purchaser, not misleading or so as to correct such statement that the Prospectus will comply with the Securities Act or omission or to effect such compliancethe Exchange Act; and
(iv) During the Prospectus Delivery Period, and to furnish without charge to each Underwriter and to any dealer in securities that the Underwriters may designate as many written and electronic copies of any such amendment or supplement as the Representatives Underwriters may from time to time reasonably request;request of the Prospectus (including all amendments and supplements thereto and documents incorporated by reference therein).
(d) If at any time during the Prospectus Delivery Period, the Company receives from the Commission a notice pursuant to Rule 401(g)(2) or otherwise ceases to be eligible to use the automatic shelf registration statement form, the Company will (i) promptly notify the Underwriters, (ii) promptly file a new registration statement or post-effective amendment on the proper form relating to the Shares, in a form reasonably satisfactory to the Underwriters, (iii) use its reasonable best efforts to cause such registration statement or post-effective amendment to be declared effective and (iv) promptly notify the Underwriters of such effectiveness. The Company will take all other action reasonably necessary or appropriate to permit the public offering and sale of the Shares to continue as contemplated in the registration statement that was the subject of the Rule 401(g)(2) notice or for which the Company has otherwise become ineligible. References herein to the Registration Statement shall include such new registration statement or post-effective amendment, as the case may be; and
(e) To use its best efforts to make generally available to security-holders of list for trading the Company as soon as practicable, but in any event not later than eighteen months after Shares on the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the SecuritiesNasdaq Global Select Market.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.
Appears in 1 contract
Samples: Underwriting Agreement (Td Ameritrade Holding Corp)
Further Agreements of the Company. The Company covenants and agrees with the Underwritersas follows:
(a1) To use its reasonable best efforts to prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto file with and approved cause to be declared effective by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of Commission under the Securities Act within Act, prior to fifth Business Day preceding the time period prescribed by such Rule; to prepare the ProspectusInitial Remarketing Date, as amended or supplemented, in relation an additional registration statement relating to the Securities Remarketing Senior Notes in connection with the Remarketing, in a form approved by the Underwriters and Remarketing Agent, if in the opinion of counsel to file or cause to be filed the Remarketing Agent such additional registration statement is required in connection with the Commission such ProspectusRemarketing under applicable law;
(2) to advise the Remarketing Agent, pursuant to Rule 424(b) under the Securities Actpromptly after it receives notice thereof, within of the time period prescribed by such Rule; when any amendment to make no further amendment the Registration Statement has been filed or becomes effective or any supplement to the Registration Statement Prospectus or any amended Prospectus as amended or supplemented after has been filed, in each such case excluding any documents filed under the date of this Agreement Exchange Act and prior which are incorporated by reference therein, and to furnish the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice Remarketing Agent with copies thereof; PROVIDED, HOWEVER, that the Company shall not be required to advise provide the Underwriters promptly of Remarketing Agent with any such amendment reports or supplement after such Closing Date similar forms that have been filed with the Commission by electronic transmission pursuant to XXXXX;
(3) to prepare the Prospectus for the Remarketing and furnish to timely file it with the Underwriters with copies thereof Commission under the Securities Act and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period the Remarketing Senior Notes; and
(4) to advise the UnderwritersRemarketing Agent, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities any of the Remarketing Senior Notes for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such order;its withdrawal.
(b) promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish To deliver to the Underwriters Remarketing Agent in New York City such number of the following documents as the Remarketing Agent shall reasonably request at the times specified below: (i) conformed copies of the Registration Statement, Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement)Agreement and the Indenture) promptly after such filing, any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, (ii) the Prospectus and all amendments and supplements any amended or supplemented Prospectus promptly after the preparation and/or printing thereof, as applicable, but in no event later than the third Business Day prior to any of such documents the Initial Remarketing Date, (including iii) any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration StatementProspectus (excluding exhibits thereto) promptly after their filing with the Commission and (iv) any Remarketing Materials promptly after their preparation, if at all; and, if the delivery of a prospectus is required at any time in connection with the Remarketing and if, at such time, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs shall have occurred as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an any untrue statement of a material fact or omit to state a any material fact necessary in order to make the statements therein, in the light of the circumstances then existingunder which they were made when such Prospectus is delivered, not misleading, or if for any other reason in the opinion of counsel to the Company or the Remarketing Agent it shall be necessary during such same period it is necessary to amend or supplement the Registration Statement or amend Prospectus or supplement to file under the Disclosure Package or Exchange Act any document incorporated by reference in the Prospectus or file any document in order to comply with the Securities Act or the Exchange Act, to promptly notify the Representatives and, subject Remarketing Agent and to Section 4(a) hereof, amend file such document and to prepare and furnish without charge to the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, Remarketing Agent and to any dealer in Senior Notes as many copies as the case Remarketing Agent may be, from time to time request of an amended or file any document (in each case, at the expense of the Company) so as to supplemented Prospectus which will correct such statement or omission or to effect such compliance, and promptly after their preparation and/or filing, if at all.
(c) To file promptly with the Commission any amendment to the Registration Statement, the Prospectus or any supplement to the Prospectus that may, in the judgment of the Company or the Remarketing Agent, be required by the Securities Act or requested by the Commission.
(d) Prior to filing with the Commission (i) any amendment to the Registration Statement or supplement to the Prospectus (excluding documents filed under the Exchange Act incorporated by reference) or (ii) any Prospectus pursuant to Rule 424 of the Securities Act, to furnish without charge a copy thereof to each Underwriter as many written the Remarketing Agent and electronic copies of counsel to the Remarketing Agent, and not to file any such amendment or supplement as which shall be reasonably disapproved by the Representatives may from time to time reasonably request;Remarketing Agent promptly after reasonable notice.
(e) As soon as practicable after the Effective Date, to make generally available to security-the Company's security holders of and to deliver to the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), Remarketing Agent an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunderof the Securities Act);.
(f) between Promptly from time to time to take such action as the date of this Agreement and the Closing Date, neither the Company, nor Remarketing Agent may reasonably request to qualify any of its subsidiaries the Remarketing Senior Notes for offer and sale under the securities laws of such jurisdictions as the Remarketing Agent may request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the Remarketing; PROVIDED that, in connection therewith, the Company shall not be required to qualify as a foreign corporation or other affiliates over to file a general consent to service of process in any jurisdiction in which it exercises management is not so qualified or voting control, nor to submit to any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securitiesrequirements which it deems unduly burdensome.
(g) For a period of two years following the Effective Date or so long as any of the Senior Notes shall remain outstanding, whichever is shorter, to pay the required Commission filing fees related furnish to the Securities within Remarketing Agent copies of such materials furnished by the time period required by Rule 456(b)(1) under the Securities Act without regard Company to the proviso therein holders of any class of its capital stock and otherwise in accordance to furnish to the Remarketing Agent a copy of each annual or other report it shall be required to file with Rules 456(b) the Commission and 457(r) under such other information concerning the Securities Act;Company and its subsidiaries as the Remarketing Agent may reasonably request; PROVIDED, HOWEVER, that the Company shall not be required to provide the Remarketing Agent with any such reports or similar forms that have been filed with the Commission by electronic transmission pursuant to XXXXX.
(h) To request, not later than 15 calendar days nor more than 30 calendar days prior to apply the net proceeds from Initial Remarketing Date, that the sale Depositary notify its Participants holding Corporate PIES or Separated Senior Notes of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securitiesimpending Initial Remarketing.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than the Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofProspectus except as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters with copies thereof; to advise the CommissionUnderwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Shares for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to the Underwriters and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Underwriters such number of the following documents as each Underwriter shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits) and (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus; and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Shares or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus in order to comply with the Securities Act, to notify the Underwriters and, upon its request, to prepare and furnish without charge to the Underwriters and to any dealer in securities as many copies as the Underwriters may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the reasonable judgment of the Company or the Underwriters, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus or any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Underwriters and counsel for the Underwriters and obtain the consent of the Underwriters to the filing, which consent shall not be unreasonably delayed or withheld;
(f) As soon as practicable after the Effective Date, to make generally available to the Company's security holders and to deliver to the Underwriters an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 1l(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) Upon the request of the Underwriters, for a period of two years following the Effective Date, to furnish to the Underwriters copies of all materials furnished by the Company to its shareholders generally and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Class A Stock may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder;
(h) Promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities Shares for offer offering and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesShares; provided that in connection therewith therewith, the Company shall not be required to qualify as a foreign corporation, to submit to general taxation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectjurisdiction;
(ci) For a period of 90 days from the date of the Prospectus, not to, directly or indirectly, (1) offer for sale, sell, pledge or otherwise dispose of (or enter into any transaction or device which is designed to, or could be expected to, result in the disposition by any person at any time in the future of) any shares of Class A Stock or securities convertible into or exchangeable for Class A Stock (other than (w) the Shares, (x) shares of Class A Stock issued pursuant to employee benefit plans, stock option plans or other employee compensation plans existing on the date hereof or pursuant to currently outstanding options, warrants or rights or upon conversion of shares of Common Stock, or (y) shares of Class A Stock or securities convertible into or exchangeable for Class A Stock issued in a private placement transaction (provided that such shares shall not be publicly resold during the period of 90 days after the date of the Prospectus; provided, further, that the holder of shares issued in such a transaction shall furnish to the Underwriters at or prior to the time of such number issuance a letter in the form of conformed copies Exhibit A hereto)) or substantially similar securities, or sell or grant options, rights or warrants with respect to any shares of Class A Stock or securities convertible into or exchangeable for Class A Stock or substantially similar securities (other than the grant of options pursuant to benefit plans existing on the date hereof), or (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any economic benefits or risks of ownership of such documents shares of Class A Stock, whether any such transaction described in clause (including any document filed under the Exchange Act and deemed 1) or (2) above is to be incorporated settled by reference delivery of Class A Stock or other securities, in the Registration Statement, any Preliminary Prospectus cash or the Prospectus)otherwise, in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of Ladenburg Xxxxxxxx & Co. Inc.; and to cause each executive officer and director of the Company and Benihana of Tokyo, Inc. ("BOT") to furnish to the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar prior to the Securities.
(g) to pay First Closing Date, a letter or letters, substantially in the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Actform of Exhibit A hereto;
(hj) To take such steps as shall be necessary to ensure that neither the Company nor any subsidiary shall become an "investment company" as defined in the Investment Company Act of 1940, as amended, and the rules and regulations of the Commission thereunder;
(k) During the period of 90 days from the date of the Prospectus, to obtain an executed letter in the form of Exhibit A hereto from each new executive officer and director who has not previously executed such a letter;
(l) The Company will apply the net proceeds from the sale of the Securities as described in Shares for the Disclosure Package and the Prospectus purposes set forth under the heading “"Use of Proceeds”" in the Prospectus; and
(im) not Prior to takethe First Closing Date, directly or indirectly, any action designed the Company will make all filings required to or that could reasonably be expected to cause or result in any stabilization or manipulation obtain the listing of the price Shares on the Nasdaq National Market and will effect and maintain such listing for at least five years from the date of the Securitiesthis Agreement.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by such RuleCommission's close of business on the second business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofProspectus except as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters with copies thereof; to advise the CommissionUnderwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any preliminary prospectus relating to or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Shares for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any preliminary prospectus relating to or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly from time to time to take such action as each of the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably upon their request and to comply with such laws so as to permit counsel for the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale Underwriters a signed copy of the Securities; provided that in connection therewith Registration Statement as originally filed with the Company shall not be required to qualify as a foreign corporationCommission, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectand each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) to furnish To deliver promptly to the Underwriters such number of the following documents as the Underwriters shall request: (i) conformed copies of the Registration Statement, Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement), any Preliminary Prospectus, Agreement and the Final Term Sheet computation of per share earnings) and any other Issuer Free Writing Prospectus(ii) each preliminary prospectus, the Prospectus and all amendments and supplements to any amended or supplemented Prospectus; and, if the delivery of such documents (including a prospectus is required at any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating prior to the Securities (expiration of nine months after the Effective Time in connection with the offering or in lieu thereof, the notice referred to in Rule 173(a) sale of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from Shares and if at such time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs shall have occurred as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a any material fact necessary in order to make the statements therein, in the light of the circumstances then existingunder which they were made when such Prospectus is delivered, not misleading, or or, if for any other reason it shall be necessary in the opinion of counsel to the Underwriters during such same period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document in order to comply with the Securities Act, to promptly notify the Representatives Underwriters and, subject upon their request, to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the case Underwriters may be, from time to time reasonably request of an amended Prospectus or file any document (in each case, at a supplement to the expense of the Company) so as to Prospectus which will correct such statement or omission or to effect such compliance, and in case any Underwriter is required to furnish without charge deliver a prospectus in connection with sales of any of the Shares at any time nine months or more after the Effective Time, upon the request but at the expense of such Underwriter, to each prepare and deliver to such Underwriter as many written and electronic copies as such Underwriter may request of any such amendment an amended or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) supplemented Prospectus complying with Section 11(asection 10(a)(3) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.
Appears in 1 contract
Samples: Underwriting Agreement (Centerpoint Properties Trust)
Further Agreements of the Company. The Company agrees with the Underwritersfurther agrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representatives which approval shall not be unreasonably withheld or delayed, and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act not later than Commission's close of business on the second business day following the execution and delivery of this Agreement or, if applicable, such earlier time as may be required by Rule 430A(a)(3) under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing any applicable Delivery Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters with copies thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the CommissionCommission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of the Shares; to advise the Underwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Shares for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its reasonable best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to the Underwriters and to counsel for the Underwriters a signed or facsimile signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Underwriters such number of the following documents as the Underwriters shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits) and (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus, and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Shares and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus in order to comply with the Securities Act, to notify the Underwriters and, upon their request, to prepare and furnish without charge to the Underwriters and to any dealer in securities as many copies as the Underwriters may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the reasonable judgment of the Company or the Representatives, be required by the Securities Act or is requested by the Commission;
(e) For so long as the delivery of a prospectus is required in connection with the initial offering or sale of the Shares, prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus or any Prospectus and any document incorporated by reference in the Prospectus pursuant to Rule 424 of the Securities Act, to furnish a copy thereof to the Underwriters and counsel for the Underwriters and obtain the consent of the Representatives to the filing;
(f) As soon as practicable after the Effective Date, to make generally available to the Company's security holders and to deliver to the Underwriters an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11 (a) of the Securities Act (including, at the option of the Company, Rule 158 of the Securities Act);
(g) Promptly from time to time, to take such action as the Underwriters Representatives may reasonably request to qualify the Securities Shares for offer offering and sale under the securities laws of such jurisdictions in the United States and Canada as the Underwriters Representatives may reasonably request and in such other jurisdictions as the Company and the Representatives may mutually agree, and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesShares; provided that that, in connection therewith therewith, the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectjurisdiction;
(ch) Not to furnish take, directly or indirectly, any action which is designed to stabilize or manipulate, or which constitutes or which might reasonably be expected to cause or result in stabilization or manipulation, of the price of any security of the Company in connection with the initial offering of the Shares (except after consultation with the Underwriters such number of conformed copies of the Registration Statement, and as originally filed and each amendment thereto (excluding exhibits other than this Agreementmay be permitted by under federal securities laws), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(di) during the period in which the Prospectus relating To use its commercially reasonable efforts to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives andlist, subject to Section 4(a) hereofofficial notice of issuance, amend the Registration Statement, amend or supplement Shares on the Disclosure Package or New York Stock Exchange (the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request"NYSE");
(ej) to make generally available to security-holders To apply the net proceeds from the issuance of the Company Shares as soon set forth under "Use of Proceeds" in the Prospectus;
(k) To take such steps as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of shall be necessary to ensure that the Company and its subsidiaries (which need shall not be audited) complying with Section 11(a) of become an "investment company" as defined, and subject to regulation, under the Securities Act (including, at the option of the Company, Rule 158 thereunder);Investment Company Act; and
(fl) between For a period of 90 days after the date of this Agreement and the Closing DateProspectus not to (i) offer, neither pledge, announce the Companyintention to sell, nor sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase or otherwise transfer or dispose of, directly or indirectly, any of its subsidiaries the Shares or any other securities that are substantially similar to the Shares or any securities convertible into or exercisable or exchangeable for any of the Shares or such other securities (ii) enter into any swap or other affiliates over which it exercises management agreement that transfers, in whole or voting controlin part, nor any person acting on their behalf willof the economic consequences of ownership of any of the Shares or such other securities, whether any such transaction described in clause (i) or (ii) above is to be settled by delivery of any of the Shares of the Company or such other securities, in cash or otherwise without the prior written consent of the Representatives, offerwhich shall not be unreasonably withheld or delayed, sellexcept that the foregoing restrictions shall not apply to (A) the issuance by the Company of shares of Common Stock or options or rights to acquire shares of Common Stock pursuant to employee benefit plans existing on the date hereof, contract including, without limitation, stock option and restricted stock plans existing on, or upon the conversion or exchange of convertible or exchangeable securities outstanding as of, the date hereof, (B) the issuance of the Shares to sell be sold hereunder, (C) the issuance or otherwise dispose transfer of any securities that of the Shares pursuant to existing reservations, agreements and stock incentive plans, and (D) shares of Common Stock issued in connection with acquisitions of unaffiliated entities or assets or businesses from unaffiliated entities, provided that, such shares are substantially similar to the Securities.
issued in a transaction in this clause (gD) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) which is not registered under the Securities Act without regard and the acquiror of such shares enters into an agreement substantially in the form of Schedule 3.1 hereto and (E) the issuance of shares of Common Stock pursuant to the proviso therein Warrants. In addition, the Company shall cause each of MetLife, Inc., MetLife and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to takeEquity Intermediary Company which own, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation shares of capital stock of the price Company to enter into an agreement with the Underwriters, the form of which is contained in Schedules 3.1, 3.2 and 3.3 hereto, to the effect of the Securitiesagreement of the Company contained in this paragraph and deliver such agreements by the date hereof, and the Company shall cause the executive officers and directors of the Company, each of which are listed on Schedule 4 hereof, to enter into an agreement with the Underwriters, the form of which is contained in Schedule 5 hereto, to the effect of the agreement of the Company contained in this paragraph and deliver such agreements by the date hereof.
Appears in 1 contract
Samples: Underwriting Agreement (Reinsurance Group of America Inc)
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by such RuleCommission's close of business on the second business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofProspectus except as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters with copies thereof; to advise the CommissionUnderwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any preliminary prospectus relating to or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Notes for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any preliminary prospectus relating to or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to each of the Underwriters upon their request and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Underwriters such number of the following documents as the Underwriters shall request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement and the computation of per share earnings), (ii) each preliminary prospectus, the Prospectus and any amended or supplemented Prospectus and (iii) any document incorporated by reference in the Prospectus (excluding exhibits thereto) for 90 days from the Delivery Date; and, if the delivery of a prospectus is required at any time prior to the expiration of nine months after the Effective Time in connection with the offering or sale of the Notes and if at such time any event shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary in the opinion of counsel to the Underwriters during such same period to amend or supplement the Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Underwriters and, upon their request, to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Underwriters may from time to time reasonably request of an amended Prospectus or a supplement to the Prospectus which will correct such statement or omission or effect such compliance, and in case any Underwriter is required to deliver a prospectus in connection with sales of any of the Notes at any time nine months or more after the Effective Time, upon the request but at the expense of such Underwriter, to prepare and deliver to such Underwriter as many copies as such Underwriter may request of an amended or supplemented Prospectus complying with section 10(a)(3) of the Securities Act;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the judgment of the Company or the Underwriters, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission (i) any amendment to the Registration Statement or supplement to the Prospectus or (ii) any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Underwriters and counsel for the Underwriters and obtain the consent of the Underwriters to the filing;
(f) As soon as practicable after the Effective Date, but in any event not later than 45 days after the end of its fiscal quarter in which the first anniversary date of the Effective Date occurs, to make generally available to the Company's security holders and to deliver to the Underwriters an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) For a period of five years following the Effective Date, to furnish to the Underwriters copies of all materials furnished by the Company to its shareholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Notes may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder;
(h) Promptly from time to time, to take such action as the Underwriters may reasonably request to qualify the Securities Notes for offer offering and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesNotes; provided except that in no event shall the Company be obligated in connection therewith the Company shall not be required to qualify as a foreign corporation, or to file execute a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectprocess;
(ci) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to To apply the net proceeds from the sale of the Securities Notes being sold by the Company as described set forth in the Disclosure Package Prospectus;
(j) To take such steps as shall be necessary to ensure that neither the Company nor any subsidiary shall become an "investment company" within the meaning of such term under the Investment Company Act of 1940 and the Prospectus under rules and regulations of the heading “Use of Proceeds”; andCommission thereunder;
(ik) not to takeDuring the period of 180 days commencing on the date hereof, the Company will not, directly or indirectly, take any action designed to or that could which will constitute or which might reasonably be expected to cause or result in any the manipulation or stabilization or manipulation of the price of the SecuritiesNotes; and
(l) To file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of the Notes.
Appears in 1 contract
Samples: Underwriting Agreement (Centerpoint Properties Trust)
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representatives and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by such RuleCommission’s close of business on the second business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement or the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing last Delivery Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as provided herein; to advise the Underwriters Representatives, promptly after it receives notice thereof, of the time when any such amendment or supplement after such Closing Date to the Registration Statement or the Prospectus has been filed and to furnish the Underwriters Representatives with copies thereof and thereof; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period the Stock; to advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities Prospectus or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding or examination for any such purpose, of any notice from the Commission objecting to the use of the form of the Registration Statement or any post-effective amendment thereto or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of the Prospectus or any prospectus relating to the Securities Issuer Free Writing Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To pay the applicable Commission filing fees relating to the Stock within the time required by Rule 456(b)(1) without regard to the proviso therein;
(c) To furnish promptly to each of the Representatives and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(d) To deliver promptly to the Representatives such number of the following documents as the Representatives shall reasonably request: (A) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement and the computation of per share earnings), (B) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus, (C) each Issuer Free Writing Prospectus and (D) any document incorporated by reference in any Preliminary Prospectus or the Prospectus; and, if the delivery of a prospectus is required at any time after the date hereof in connection with the offering or sale of the Stock or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Representatives and, upon their request, to file such document and to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Representatives may from time to time reasonably request of an amended or supplemented Prospectus that will correct such statement or omission or effect such compliance;
(e) To file promptly with the Commission any amendment or supplement to the Registration Statement or the Prospectus that may, in the judgment of the Company or the Representatives, be required by the Securities Act or requested by the Commission;
(f) Prior to filing with the Commission any amendment or supplement to the Registration Statement or the Prospectus, any document incorporated by reference in the Prospectus or any amendment to any document incorporated by reference in the Prospectus, to furnish a copy thereof to the Representatives and counsel for the Underwriters and obtain the consent of the Representatives to the filing, which consent shall not be unreasonably withheld;
(g) Not to make any offer relating to the Stock that would constitute an Issuer Free Writing Prospectus without the prior written consent of the Representatives.
(h) To comply with all applicable requirements of Rule 433 with respect to any Issuer Free Writing Prospectus; and if at any time after the date hereof any events shall have occurred as a result of which any Issuer Free Writing Prospectus, as then amended or supplemented, would conflict with the information in the Registration Statement, the most recent Preliminary Prospectus or the Prospectus or would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading, or, if for any other reason it shall be necessary to amend or supplement any Issuer Free Writing Prospectus, to notify the Representatives and, upon their request, to file such document and to prepare and furnish without charge to each Underwriter as many copies as the Representatives may from time to time reasonably request of an amended or supplemented Issuer Free Writing Prospectus that will correct such conflict, statement or omission or effect such compliance;
(i) Promptly from time to time to take such action as the Underwriters Representatives may reasonably request to qualify the Securities Stock for offer offering and sale under the securities laws of Canada and such other jurisdictions as the Underwriters Representatives may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesStock; provided that in connection therewith the Company shall not be required to (i) qualify as a foreign corporationcorporation in any jurisdiction in which it would not otherwise be required to so qualify, to (ii) file a general consent to service of process in any such jurisdiction or to become (iii) subject itself to taxation in any jurisdiction in which it is would not otherwise be subject;
(cj) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as As soon as available practicable after the Effective Date and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen 16 months after the effective date of hereof, to make generally available to the Registration Statement (as defined in Rule 158(c) under Company’s security holders and to deliver to the Securities Act), Representatives an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at and the option of the Company, Rule 158 thereunder)Rules and Regulations;
(fk) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to To apply the net proceeds from the sale of the Securities Stock being sold by the Company as described set forth in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; andProspectus;
(il) not Not to take, directly or indirectly, take any action designed to or that could might reasonably be expected to cause or result in any the stabilization or manipulation of the price of the SecuritiesStock to facilitate the sale or resale of the Stock.
(m) To take such steps as shall be necessary to ensure that neither the Company nor any subsidiary shall become an investment company as defined in the Investment Company Act;
(n) To file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of the Stock; and
(o) For a period commencing on the date hereof and ending on the 60th day after the date of the Prospectus (the “Lock-Up Period”), not to, directly or indirectly, (1) offer for sale, sell, pledge or otherwise dispose of (or enter into any transaction or device that is designed to, or could be expected to, result in the disposition by any person at any time in the future of) any shares of Common Stock or securities convertible into or exchangeable for Common Stock (other than the Stock and shares issued pursuant to employee benefit plans, qualified stock option plans or other employee compensation plans existing on the date hereof or pursuant to currently outstanding options, warrants or rights not issued under one of those plans), or sell or grant options, rights or warrants with respect to any shares of Common Stock or securities convertible into or exchangeable for Common Stock (other than the grant of options pursuant to option plans existing on the date hereof), (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the economic benefits or risks of ownership of such shares of Common Stock, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of Common Stock or other securities, in cash or otherwise, (3) file or cause to be filed a registration statement, including any amendments, with respect to the registration of any shares of Common Stock or securities convertible, exercisable or exchangeable into Common Stock or any other securities of the Company (other than any registration statement on Form S-8) or (4) publicly disclose the intention to do any of the foregoing, in each case without the prior written consent of the Representatives on behalf of the Underwriters, and to cause each of the executive officers and directors of the Company to furnish to the Representatives, prior to the Initial Delivery Date, a letter or letters, substantially in the form of Exhibit A hereto (the “Lock-Up Agreements”); notwithstanding the foregoing, if (1) during the last 17 days of the Lock-Up Period, the Company issues an earnings release or material news or a material event relating to the Company occurs or (2) prior to the expiration of the Lock-Up Period, the Company announces that it will release earnings results during the 16-day period beginning on the last day of the Lock-Up Period, then the restrictions imposed in this paragraph shall continue to apply until the expiration of the 18-day period beginning on the issuance of the earnings release or the announcement of the material news or the occurrence of the material event, unless the Representatives, on behalf of the Underwriters, waive such extension in writing.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the UnderwritersTHE COMPANY AGREES WITH THE UNDERWRITERS:
(a) to To prepare the Final Term SheetRule 462(b) Registration Statement, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectusif necessary, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters Representative and file such Rule 462(b) Registration Statement with the Commission on the date hereof; to prepare the Prospectus in a form approved by the Representative containing information previously omitted at the time of effectiveness of the Registration Statement in reliance on rules 430A, 430B and 430C of the Rules and Regulations and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under of the Securities ActRules and Regulations not later than the second (2nd) business day following the execution and delivery of this Agreement or, within if applicable, such earlier time as may be required by Rule 430A of the time period prescribed by such RuleRules and Regulations; to notify the Representative immediately of the Company’s intention to file or prepare any supplement or amendment to any Registration Statement or to the Prospectus in connection with this Offering and to make no further amendment or supplement to the Registration Statement, the General Disclosure Package or to the Prospectus to which the Representative shall reasonably object by notice to the Company after a reasonable period to review; to advise the Representative, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the Registration Statement General Disclosure Package or the Prospectus as or any amended or supplemented after Prospectus has been filed and to furnish the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice Representative copies thereof; to advise file promptly all material required to be filed by the Underwriters promptly Company with the Commission pursuant to Rule 433(d) or 163(b)(2), as the case may be, of any such amendment or supplement after such Closing Date the Rules and furnish the Underwriters with copies thereof and Regulations; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations) is required in connection with the offering Offering or sale of such Securities, and during such same period the Shares; to advise the UnderwritersRepresentative, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or Preliminary Prospectus, any Issuer Free Writing Prospectus or the Prospectus, of the suspension of the qualification of such Securities the Shares for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus General Disclosure Package or any Issuer Free Writing the Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus, any Issuer Free Writing Prospectus or the Securities Prospectus or suspending any such qualification, and promptly to promptly use its best efforts to obtain the withdrawal of such order;.
(b) promptly from time to time to take such action as The Company represents and agrees that, it has not made, and unless it obtains the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale prior consent of the SecuritiesRepresentative, it will not, make any offer relating to the Shares that would constitute a “free writing prospectus” as defined in Rule 405 of the Rules and Regulations (each, a “Permitted Free Writing Prospectus”); provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general prior written consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, Representative hereto shall be deemed to have been given in respect of the Issuer Free Writing Prospectus(es) included in Schedule A hereto. The Company represents that it has treated and agrees that it will treat each Permitted Free Writing Prospectus as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other an Issuer Free Writing Prospectus, comply with the Prospectus requirements of Rules 164 and all amendments 433 of the Rules and supplements Regulations applicable to any Issuer Free Writing Prospectus, including the requirements relating to timely filing with the Commission, legending and record keeping and will not take any action that would result in the Underwriters or the Company being required to file with the Commission pursuant to Rule 433(d) of the Rules and Regulations a free writing prospectus prepared by or on behalf of such documents (including any document filed under the Exchange Act and deemed Underwriter that such Underwriter otherwise would not have been required to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;file thereunder.
(dc) during the period in which the If at any time when a Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) Shares is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs or condition exists as a result of which the Disclosure Package or the Prospectus Prospectus, as then amended or supplemented supplemented, would include an any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading, or the Registration Statement, as then amended or supplemented, would include any untrue statement of a material fact or omit to state a material fact necessary to make the statements therein not misleading, or if for any other reason it is necessary at any time to amend or supplement any Registration Statement or the Prospectus to comply with the Securities Act or the Exchange Act, the Company will promptly notify the Representative, and upon the Representative’ request, the Company will promptly prepare and file with the Commission, at the Company’s expense, an amendment to the Registration Statement or an amendment or supplement to the Prospectus that corrects such statement or omission or effects such compliance and will deliver to the Underwriters, without charge, such number of copies thereof as the Underwriters may reasonably request. The Company consents to the use of the Prospectus or any amendment or supplement thereto by the Underwriters.
(d) If the General Disclosure Package is being used to solicit offers to buy the Shares at a time when the Prospectus is not yet available to prospective purchasers and any event shall occur as a result of which, in the judgment of the Company or in the reasonable opinion of the Representative, it becomes necessary to amend or supplement the General Disclosure Package in order to make the statements therein, in the light of the circumstances then existingunder which they were made, not misleading, or to make the statements therein not conflict with the information contained or incorporated by reference in the Registration Statement then on file and not superseded or modified, or if during such period it is necessary at any time to amend the Registration Statement or amend or supplement the General Disclosure Package to comply with any law, the Company promptly will either (i) prepare, file with the Commission (if required) and furnish to the Underwriters and any dealers an appropriate amendment or supplement to the General Disclosure Package or (ii) prepare and file with the Prospectus Commission an appropriate filing under the Exchange Act which shall be incorporated by reference in the General Disclosure Package so that the General Disclosure Package as so amended or file any document to supplemented will not, in the light of the circumstances under which they were made, be misleading or conflict with the Registration Statement then on file, or so that the General Disclosure Package will comply with law.
(e) If at any time following issuance of an Issuer Free Writing Prospectus there occurred or occurs an event or development as a result of which such Issuer Free Writing Prospectus conflicted or will conflict with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend information contained in the Registration Statement, Pricing Prospectus or Prospectus, including any document incorporated by reference therein and any prospectus supplement deemed to be a part thereof and not superseded or modified or included or would include an untrue statement of a material fact or omitted or would omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading, the Company has promptly notified or will promptly notify the Representative so that any use of the Issuer Free Writing Prospectus may cease until it is amended or supplemented and has promptly amended or will promptly amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each casesupplement, at its own expense, such Issuer Free Writing Prospectus to eliminate or correct such conflict, untrue statement or omission. The foregoing sentence does not apply to statements in or omissions from any Issuer Free Writing Prospectus in reliance upon, and in conformity with, written information furnished to the expense Company by the Representative by or on behalf of the CompanyUnderwriters specifically for inclusion therein, which information the parties hereto agree is limited to the Underwriters’ Information (as defined in Section 16).
(f) so as To the extent not available on the Commission’s XXXXX system or any successor system, to correct such statement or omission or furnish promptly to effect such compliance, the Underwriters and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as counsel for the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date Underwriters a signed copy of the Registration Statement (as defined in Rule 158(c) under originally filed with the Securities Act)Commission, an earnings statement and of each amendment thereto filed with the Company Commission, including all consents and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securitiesexhibits filed therewith.
(g) To the extent not available on the Commission’s XXXXX system or any successor system, to pay the required Commission filing fees related deliver promptly to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise Representative in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale New York City such number of the Securities following documents as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
Representative shall reasonably request: (i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation conformed copies of the price of Registration Statement as originally filed with the Securities.Commission (in each case excluding exhibits), (ii) each Preliminary Prospectus (if any),
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Underwriter and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by such RuleCommission's close of business on the second business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement or the Final Prospectus except as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofpermitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersUnderwriter, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Final Prospectus or any amended Final Prospectus has been filed and to furnish the Underwriter with copies thereof; to timely file all reports and any definitive proxy or information statements required to be filed by the Company with the CommissionCommission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Final Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of the Stock; to advise the Underwriter, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing Final Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Final Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to the Securities Final Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to the Underwriter and to counsel for the Underwriter a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Underwriter such number of the following documents as the Underwriter shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement, the computation of the ratio of earnings to fixed charges and the computation of per share earnings), (ii) the Final Prospectus (not later than 5:00 P.M., New York City time, of the day following the execution and delivery of this Agreement) and any amended or supplemented Final Prospectus (not later than 5:00 P.M. New York City time, on the day following the date of such amendment or supplement) and (iii) any document incorporated by reference in the Preliminary Prospectus or the Final Prospectus (excluding exhibits thereto); and, if the delivery of a prospectus is required at any time after the date hereof in connection with the offering or sale of the Stock or any other securities relating thereto and if at such time any event shall have occurred as a result of which the Final Prospectus as then amended or supplemented would include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when the Final Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary during such same period to amend or supplement the Final Prospectus or to file under the Exchange Act any document incorporated by reference in the Final Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Underwriter and, upon its request, to prepare and to file such amendment, supplement or document, to cause any amendment of the Registration Statement containing an amended Final Prospectus to be made effective as soon as possible and to prepare and furnish without charge to the Underwriter and to any dealer in securities as many copies as the Underwriter may from time to time reasonably request of an amended or supplemented Final Prospectus which will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Final Prospectus or any supplement to the Final Prospectus that may, in the judgment of the Company or the Underwriter, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Final Prospectus, including any document incorporated by reference in the Final Prospectus, to furnish a copy thereof to the Underwriter and counsel for the Underwriter and obtain the consent of the Underwriter to the filing;
(f) Timely file such reports pursuant to the Securities Exchange Act of 1934, as amended (the "Exchange Act"), as are necessary in order to make generally available to its securityholders as soon as practicable an earnings statement for the purposes of, and to provide the benefits contemplated by, the last paragraph of Section 11(a) of the Securities Act;
(g) For a period of five years following the effective date of the Registration Statement, to furnish to the Underwriter copies of all materials furnished by the Company to its shareholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Company's common stock may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder;
(h) Promptly from time to time to take such action as the Underwriters Underwriter may reasonably request to qualify the Securities Stock for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Underwriter may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesStock; provided PROVIDED that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectjurisdiction;
(ci) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may For a period from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement to the later of (A) the Delivery Date and (B) the Closing Date, neither date on which selling restrictions have terminated (and in no event ending later than 30 days from the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent date of the RepresentativesFinal Prospectus), offernot to, directly or indirectly, (1) offer for sale, sell, contract to sell pledge or otherwise dispose of (or enter into any transaction or device which is designed to, or could be expected to, result in the disposition by any person at any time in the future of)
(i) any Preferred Stock, (ii) any securities that are substantially similar to the Stock, or (iii) any securities that are convertible into, or exchangeable or exercisable for, any of the foregoing, or (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the economic benefits or risks of ownership of the Stock or other Preferred Stock or similar securities, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of the Stock or other Preferred Stock or similar securities or other securities, in cash or otherwise, in each case without the prior written consent of the Underwriter, other than pursuant to this Agreement or the Underwriting Agreement between the Company and Lehman Brothers Inc. relating to 2,000,000 Corporate Premium Xxxxxe Equity Securities.; and
(gj) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply To use the net proceeds received by it from the sale of the Securities as described Stock pursuant to this Agreement in the Disclosure Package and manner specified in the Final Prospectus under the heading “caption "Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities."
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the UnderwritersPlacement Agent:
(a) to prepare the Final Term SheetRule 462(b) Registration Statement, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectusif necessary, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters Placement Agent and file such Rule 462(b) Registration Statement with the Commission by 10:00 P.M., New York time, on the date hereof, and the Company shall at the time of filing either pay to the Commission the filing fee for the Rule 462(b) Registration Statement or give irrevocable instructions for the payment of such fee pursuant to Rule 111(b) under the Rules and Regulations; to prepare the Prospectus in a form approved by the Placement Agent containing information previously omitted at the time of effectiveness of the Registration Statement in reliance on Rules 430A, 430B or 430C of the Rules and Regulations and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under of the Securities ActRules and Regulations not later than the second business (2nd) day following the execution and delivery of this Agreement or, within if applicable, such earlier time as may be required by Rule 430A of the time period prescribed by such RuleRules and Regulations; to notify the Placement Agent promptly of the Company’s intention to file or prepare any supplement or amendment to any Registration Statement or to the Prospectus and to make no further amendment or supplement to the Registration Statements, the General Disclosure Package or to the Prospectus to which the Placement Agent shall reasonably object by notice to the Company after a reasonable period to review; to advise the Placement Agent, promptly after it receives notice thereof, of the time when any amendment to any Registration Statement has been filed or becomes effective or any supplement to the Registration Statement General Disclosure Package or the Prospectus as or any amended or supplemented after Prospectus has been filed and to furnish the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice Placement Agent with copies thereof; to advise file promptly all material required to be filed by the Underwriters promptly Company with the Commission pursuant to Rules 433(d) or 163(b)(2) of any such amendment or supplement after such Closing Date the Rules and furnish Regulations, as the Underwriters with copies thereof and case may be; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations) is required in connection with the offering or sale of such Securities, and during such same period Offering; to advise the UnderwritersPlacement Agent, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or Preliminary Prospectus, any Issuer Free Writing Prospectus or the Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary ProspectusStatements (insofar as it relates to the transactions contemplated hereby), the Prospectus General Disclosure Package or any Issuer Free Writing the Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus, any Issuer Free Writing Prospectus or the Securities Prospectus or suspending any such qualification, and promptly to promptly use its best commercially reasonable efforts to obtain the withdrawal of such order;.
(b) promptly from time to time to take such action as The Company represents and agrees that, unless it obtains the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale prior consent of the SecuritiesPlacement Agent, it has not made and will not, hereof, make any offer relating to the Stock that would constitute a “free writing prospectus” as defined in Rule 405 of the Rules and Regulations unless the prior written consent of the Placement Agent has been received (each, a “Permitted Free Writing Prospectus”); provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general prior written consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration StatementPlacement Agent hereto shall be deemed to have been given in respect of the General Use Free Writing Prospectus[es], if any. The Company represents that it has treated and agrees that it will treat each Permitted Free Writing Prospectus as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other an Issuer Free Writing Prospectus, comply with the Prospectus requirements of Rules 164 and all amendments 433 of the Rules and supplements Regulations applicable to any of such documents (Issuer Free Writing Prospectus, including the requirements relating to timely filing with the Commission, legending and record keeping and will not take any document filed under the Exchange Act and deemed to be incorporated by reference action that would result in the Registration Statement, any Preliminary Prospectus Placement Agent or the Prospectus), in each case as soon as available Company being required to file with the Commission pursuant to Rule 433(d) of the Rules and in such quantities as Regulations a free writing prospectus prepared by or on behalf of the Representatives may from time Placement Agent that the Placement Agent otherwise would not have been required to time reasonably request;file thereunder.
(dc) during the period in which the Prospectus If at any time a prospectus relating to the Securities Stock is required to be delivered (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities ActRules and Regulations) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs or condition exists as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an any untrue statement of a material fact fact, or omit to state a any material fact necessary to make the statements therein, in light of the circumstances under which they were made when the Prospectus is delivered (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations), not misleading, or if it is necessary at any time to amend or supplement any Registration Statement or the Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus to comply with the Securities Act or the Exchange Act, that the Company will promptly notify the Placement Agent thereof and upon their request will prepare an appropriate amendment or supplement or upon their request make an appropriate filing pursuant to Section 13 or 14 of the Exchange Act in form and substance reasonably satisfactory to the Placement Agent which will correct such statement or omission or effect such compliance and will use its commercially reasonable efforts to have any amendment to any Registration Statement declared effective as soon as possible. The Company will furnish without charge to the Placement Agent and to any dealer in securities as many electronic copies as the Placement Agent may from time to time reasonably request of such amendment or supplement. In case the Placement Agent is required to deliver a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations) relating to the Stock, the Company upon the request of the Placement Agent will prepare promptly an amended or supplemented Prospectus as may be necessary to permit compliance with the requirements of Section 10(a)(3) of the Securities Act and deliver to the Placement Agent as many electronic copies as the Placement Agent may request of such amended or supplemented Prospectus complying with Section 10(a)(3) of the Securities Act.
(d) If the General Disclosure Package is being used to solicit offers to buy the Stock at a time when the Prospectus is not yet available to prospective purchasers and any event shall occur as a result of which, in the judgment of the Company or in the reasonable opinion of the Placement Agent, it becomes necessary to amend or supplement the General Disclosure Package in order to make the statements therein, in the light of the circumstances then existingprevailing, not misleading, or to make the statements therein not conflict with the information contained or incorporated by reference in the Registration Statement then on file and not superseded or modified, or if during such period it is necessary at any time to amend the Registration Statement or amend or supplement the General Disclosure Package to comply with any law, the Company promptly will either (i) prepare, file with the Commission (if required) and furnish to the Placement Agent and any dealers an appropriate amendment or supplement to the General Disclosure Package or (ii) prepare and file with the Commission an appropriate filing under the Exchange Act which shall be incorporated by reference in the General Disclosure Package so that the General Disclosure Package as so amended or supplemented will not, in the light of the circumstances then prevailing, be misleading or conflict with the Registration Statement then on file, or so that the General Disclosure Package will comply with law.
(e) If at any time following issuance of an Issuer Free Writing Prospectus there occurred or occurs an event or development as a result of which such Issuer Free Writing Prospectus conflicted or will conflict with the information contained in the Registration Statement, Pricing Prospectus or Prospectus, including any document incorporated by reference therein and any prospectus supplement deemed to be a part thereof and not superseded or modified or included or would include an untrue statement of a material fact or omitted or would omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances prevailing at the subsequent time, not misleading, the Company has promptly notified or will promptly notify the Placement Agent so that any use of the Issuer Free Writing Prospectus may cease until it is amended or supplemented and has promptly amended or will promptly amend or supplement, at its own expense, such Issuer Free Writing Prospectus to eliminate or correct such conflict, untrue statement or omission. The foregoing sentence does not apply to statements in or omissions from any Issuer Free Writing Prospectus in reliance upon, and in conformity with, written information furnished to the Company by the Placement Agent specifically for inclusion therein.
(f) To the extent not available on EXXXX, to furnish promptly to the Placement Agents and to counsel for the Placement Agents, upon request, a signed electronic copy of the Registration Statement as originally filed with the Commission, and of each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(g) To the extent not available on EXXXX, to deliver promptly, in electronic form, to the Placement Agent such number of the following documents as the Placement Agent shall reasonably request: (i) conformed copies of the Registration Statements as originally filed with the Commission (in each case excluding exhibits), (ii) each Preliminary Prospectus, (iii) any Issuer Free Writing Prospectus, (iv) the Prospectus (the delivery of the documents referred to in clauses (i), (ii), (iii) and (iv) of this paragraph (g) to be made not later than 10:00 A.M., New York time, on the business day following the execution and delivery of this Agreement), (v) conformed copies of any amendment to the Registration Statement (excluding exhibits), (vi) any amendment or supplement to the General Disclosure Package or the Prospectus (the delivery of the documents referred to in clauses (v) and (vi) of this paragraph (g) to be made not later than 10:00 A.M., New York City time, on the business day following the date of such amendment or file supplement) and (vii) any document to comply with incorporated by reference in the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the General Disclosure Package or the Prospectus, as Prospectus (excluding exhibits thereto) (the case may be, or file any document (in each case, at the expense delivery of the Companydocuments referred to in clause (vii) so as of this paragraph (g) to correct be made not later than 10:00 A.M., New York City time, on the business day following the date of such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;document).
(eh) to To make generally available to security-holders of the Company its stockholders as soon as practicable, but in any event not later than eighteen sixteen (16) months after the effective date of the each Registration Statement (as defined in Rule 158(c) under of the Securities ActRules and Regulations), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158 thereunder158);.
(fi) between To supply the date Placement Agent with copies of this Agreement all correspondence to and from, and all documents issued to and by, the Commission in connection with the registration of the Stock under the Securities Act or any of the Registration Statements, any Preliminary Prospectus or the Prospectus, or any amendment or supplement thereto or document incorporated by reference therein.
(j) Prior to the Closing Date, neither to furnish to the Placement Agent, as soon as they have been prepared, copies of any unaudited interim consolidated financial statements of the Company for any periods subsequent to the periods covered by the financial statements appearing in the Registration Statements and the Prospectus.
(k) Prior to the Closing Date, not to issue any press release or other communication directly or indirectly or hold any press conference with respect to the Company, nor any its condition, financial or otherwise, or earnings, business affairs or business prospects (except for routine oral marketing communications in the ordinary course of its subsidiaries or other affiliates over business and consistent with the past practices of the Company and of which it exercises management or voting control, nor any person acting on their behalf willthe Placement Agent is notified), without the prior written consent of the RepresentativesPlacement Agent, offerunless in the judgment of the Company and its counsel, sell, contract to sell or otherwise dispose of any securities that are substantially similar and after notification to the SecuritiesPlacement Agent, such press release or communication is required by law.
(gl) Until Cxxxx shall notify the Company of the completion of the Offering, the Company will not, and will use it commercially reasonable efforts to pay cause its affiliated purchasers (as defined in Regulation M under the required Commission filing fees related Exchange Act) not to, either alone or with one or more other Persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, any Common Stock, or attempt to induce any Person to purchase any Common Stock; and not to, and to use its commercially reasonable efforts to cause its affiliated purchasers not to, make bids or purchase for the purpose of creating actual, or apparent, active trading in or of raising the price of the Common Stock.
(m) To use it commercially reasonable efforts not to take any action prior to the Securities within Closing Date which would require the time period required by Rule 456(b)(1) under the Securities Act without regard Prospectus to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;be amended or supplemented.
(hn) To at all times comply, in all material respects, with all applicable provisions of the Sxxxxxxx-Xxxxx Act in effect from time to time.
(o) To maintain, at its expense, a registrar and transfer agent for the Stock.
(p) To apply the net proceeds from the sale of the Securities Stock as described set forth in the Registration Statement, the General Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and.” The Company shall manage its affairs and investments in such a manner as not to be or become an “investment company” within the meaning of the Investment Company Act and the rules and regulations thereunder.
(iq) not To use its commercially reasonable efforts to takelist, directly or indirectlysubject to notice of issuance, any action designed and to or that could reasonably be expected to cause or result in any stabilization or manipulation maintain the listing of the price Stock on the Exchange.
(r) To use its commercially reasonable efforts to assist the Placement Agent with any filings with FINRA and obtaining clearance from FINRA as to the amount of compensation allowable or payable to the Placement Agent.
(s) To use its commercially reasonable efforts to do and perform all things required to be done or performed under this Agreement by the Company prior to the Closing Date and to satisfy all conditions precedent to the delivery of the SecuritiesStock.
Appears in 1 contract
Samples: Placement Agent Agreement (22nd Century Group, Inc.)
Further Agreements of the Company. The Company agrees with the Underwritersseveral Underwriters that:
(a) to The Company will prepare the Final Term SheetRule 462(b) Registration Statement, substantially if necessary, in the a form of Schedule 3 hereto and approved by the Representatives and file such Rule 462(b) Registration Statement with the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such RuleCommission as promptly as practicable; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representatives and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by such Rulesecond business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement Statements or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Option Closing Date which shall be disapproved by without giving the Underwriters promptly after Representatives a reasonable notice thereof; period of time, based on the circumstances, to advise review the Underwriters promptly of any such amendment or supplement and reasonably considering the Representatives' comments thereto; advise the Representatives, promptly after such Closing Date it receives notice thereof, of the time when any amendment to either Registration Statement has been filed or becomes effective or any supplement to the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters Representatives with copies thereof and to thereof; file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to the Stock; advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statements or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its commercially reasonable best efforts to obtain the withdrawal of such order;its withdrawal.
(b) promptly from If at any time prior to time to take such action as the Underwriters may reasonably request to qualify expiration of nine months after the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale effective date of the Securities; provided that in connection therewith the Company shall not be required to qualify as Initial Registration Statement when a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) Stock is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an any untrue statement of a material fact fact, or omit to state a any material fact necessary to make the statements therein, in the light of the circumstances then existingunder which they were made, not misleading, or if during such period it is necessary at any time to amend the Registration Statement Prospectus or amend or supplement to file under the Disclosure Package or Exchange Act any document incorporated by reference in the Prospectus or file any document to comply with the Securities Act or the Exchange Act, to the Company will promptly notify the Representatives and, subject thereof and upon their request will prepare an amended or supplemented Prospectus or make an appropriate filing pursuant to Section 4(a) hereof, amend the Registration Statement, amend 13 or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense 14 of the Company) so as to Exchange Act which will correct such statement or omission or to effect such compliance, and to . The Company will furnish without charge to each Underwriter and to any dealer in securities as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request of such amended or supplemented Prospectus; and in case any Underwriter is required to deliver a prospectus relating to the Stock nine months or more after the effective date of the Initial Registration Statement, the Company upon the request of the Representatives and at the expense of such Underwriter will prepare promptly an amended or supplemented Prospectus as may be necessary to permit compliance with the requirements of Section 10(a)(3) of the Securities Act.
(c) To furnish promptly to the Representatives and counsel for the Underwriters one signed copy of each of the Registration Statements as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(d) To deliver promptly to the Representatives in New York City such number of the following documents as the Representatives shall reasonably request;: (i) conformed copies of the Registration Statements as originally filed with the Commission and each amendment thereto (in each case excluding exhibits), (ii) each Preliminary Prospectus, (iii) the Prospectus (not later than [12:00 P.M.], New York time, of the business day following the execution and delivery of this Agreement) and any amended or supplemented Prospectus (not later than [12:00 P.M.], New York City time, on the business day following the date of such amendment or supplement) and (iv) any document incorporated by reference in the Prospectus (excluding exhibits thereto).
(e) to To make generally available to security-holders of the Company its shareholders as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158 thereunder158);.
(f) between The Company will promptly take from time to time such actions as the Representatives may reasonably request to qualify the Stock for offering and sale under the securities or Blue Sky laws of such jurisdictions as the Representatives may designate and to continue such qualifications in effect for so long as required for the distribution of the Stock; provided that the Company and its subsidiaries shall not be obligated to qualify as foreign corporations in any jurisdiction in which they are not so qualified or to file a general consent to service of process in any jurisdiction;
(g) During the period of one year from the date hereof, the Company will deliver to the Representatives and, upon request, to each of the other Underwriters, as soon as they are available, copies of all reports or other communications furnished to shareholders.
(h) The Company will not directly or indirectly offer, sell, assign, transfer, pledge, contract to sell, or otherwise dispose of any shares of Common Stock or securities convertible into or exercisable or exchangeable for Common Stock for a period of 90 days from the date of this Agreement the Prospectus without the prior written consent of XX Xxxxx other than (i) the Company's sale of the Stock hereunder and the issuance of options, warrants, rights or shares pursuant to employee benefit plans, qualified stock option plans or other employee compensation plans existing on the date hereof or the exercise thereof or (ii) shares issued in connection with joint ventures, acquisitions or other business arrangements approved by the Company's Board of Directors where the recipient of the shares agrees to be locked up for the balance of the 90-day period.
(i) The Company will supply the Representatives with copies of all correspondence to and from, and all documents issued to and by, the Commission in connection with the registration of the Stock under the Securities Act.
(j) Prior to the Closing Date, neither the Company will furnish to the Representatives, as soon as they have been prepared, copies of any unaudited interim consolidated financial statements of the Company for any periods subsequent to the periods covered by the financial statements appearing in the Registration Statement and the Prospectus.
(k) Prior to the Closing Date, the Company will not issue any press release or other communication directly or indirectly or hold any press conference with respect to the Company, nor any its condition, financial or otherwise, or earnings, business affairs or business prospects (except for routine oral marketing communications in the ordinary course of its subsidiaries or other affiliates over business and consistent with the past practices of the Company and of which it exercises management or voting control, nor any person acting on their behalf willthe Representatives are notified), without the prior written consent of the Representatives, offerunless in the judgment of the Company and its counsel, sell, contract to sell or otherwise dispose of any securities that are substantially similar and after notification to the SecuritiesRepresentatives, such press release or communication is required by law.
(gl) In connection with the offering of the Stock, until XX Xxxxx shall have notified the Company of the completion of the resale of the Stock, the Company will not, and will cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, any Stock, or attempt to pay induce any person to purchase any Stock; and not to, and to cause its affiliated purchasers not to, make bids or purchase for the required Commission filing fees related purpose of creating actual, or apparent, active trading in or of raising the price of the Stock.
(m) The Company will not take any action prior to the Securities within Option Closing Date which would require the time period required by Rule 456(b)(1Prospectus to be amended or supplemented pursuant to Section 4(b) under without consulting with the Securities Act without regard to the proviso therein Representatives prior thereto and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;promptly so amending or supplementing it; and
(hn) to The Company will apply the net proceeds from the sale of the Securities Stock as described set forth in the Disclosure Package and the Prospectus under the heading “"Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities".
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and To file the Final Term Sheet pursuant to Rule 433(d) of final Prospectus with the Securities Act Commission within the time period prescribed periods specified by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, pursuant to Rule 424(b) and Rule 430A or 430B under the Securities Act, to file any Issuer Free Writing Prospectus to the extent required under the Securities Act, and to file, within the time period prescribed by such Rule; to make no further amendment or any supplement to periods required under the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereof; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly Exchange Act, all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of the Securities; and to furnish copies of the Prospectus and each Issuer Free Writing Prospectus (to the extent not previously delivered) to the Underwriters in New York City prior to 10:00 a.m., New York City time, on the third business day next succeeding the date of this Agreement in such Securitiesquantities as the Underwriters may reasonably request; to pay the registration fees for this offering within the time period required by Rule 456(b)(i) under the Securities Act prior to the Closing Date; to make no further amendment, and during nor to produce any supplement to the Registration Statement or to the Prospectus prior to the Closing Date which has not been approved by the Representatives after reasonable notice thereof, such same period approval not to be unreasonably withheld or delayed; not to prepare, use, authorize, approve, refer to or file any Issuer Free Writing Prospectus not approved by the Representatives after reasonable notice thereof, such approval not to be unreasonably withheld or delayed; to advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus or any Issuer Free Writing Prospectus has been filed and to furnish the Representatives with copies thereof; to file timely all documents required to be filed by the Company with the CommissionCommission pursuant to Section 13(a), 13(c), or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of the Securities; to advise the Representatives of the receipt by the Company of any notice of objection of the Commission to the use of the Registration Statement or any post-effective amendment thereto pursuant to Rule 401(g)(2) under the Securities Act; to advise the Representatives, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order suspending the effectiveness of the Registration Statement or preventing or suspending the use of the Base Prospectus, any prospectus relating to Prospectus Supplement or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such the Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order suspending the effectiveness of the Registration Statement or preventing or suspending the use of the Base Prospectus, any prospectus relating to Prospectus Supplement or the Securities Prospectus or suspending any such qualification, to promptly use its best commercially reasonable efforts to prevent the issuance of any such stop order and to obtain the withdrawal of such order;as soon as possible its withdrawal, if issued.
(b) To deliver promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters Representatives in New York City such number of conformed the following documents as the Representatives shall reasonably request: during the Prospectus Delivery Period (as defined below), copies of the Registration Statement, as originally filed and each amendment thereto Prospectus (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and including all amendments and supplements to any of such thereto, but excluding documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in therein to the Registration Statement, any Preliminary extent such documents are publicly available electronically) and each Issuer Free Writing Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from reasonably request on behalf of the Underwriters. As used herein, the term “Prospectus Delivery Period” means such period of time to time reasonably request;
(d) during after the period first date of the public offering of the Securities as, in which the Prospectus opinion of counsel for the Underwriters, a prospectus relating to the Securities is required by law to be delivered (or in lieu thereof, the notice referred required to in be delivered but for Rule 173(a) of 172 under the Securities Act) is required to be delivered under the Securities Act, to comply in connection with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor by any of its subsidiaries Underwriter or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securitiesdealer.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.
Appears in 1 contract
Samples: Underwriting Agreement (Hanson PLC)
Further Agreements of the Company. The Company agrees with the UnderwritersPlacement Agent and the Purchasers:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Placement Agent containing information previously omitted at the time of effectiveness of the Registration Statement in reliance on rules 430A, 430B and 430C and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under of the Securities ActRules and Regulations not later than the second (2nd) business day following the execution and delivery of this Agreement or, within if applicable, such earlier time as may be required by Rule 430A of the time period prescribed by such RuleRules and Regulations; to notify the Placement Agent immediately of the Company’s intention to file or prepare any supplement or amendment to any Registration Statement or to the Prospectus and to make no further amendment or supplement to the Registration Statement, the General Disclosure Package or to the Prospectus to which the Placement Agent shall reasonably object by notice to the Company after a reasonable period to review; to advise the Placement Agent, promptly after it receives notice thereof, of the time when any amendment to any Registration Statement has been filed or becomes effective or any supplement to the Registration Statement General Disclosure Package or the Prospectus as or any amended or supplemented after Prospectus has been filed and to furnish the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice Placement Agent copies thereof; to advise file promptly all material required to be filed by the Underwriters promptly of any such amendment Company with the Commission pursuant to Rule 433(d) or supplement after such Closing Date and furnish 163(b)(2), as the Underwriters with copies thereof and case may be; to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations) is required in connection with the offering or sale of such the Securities, and during such same period ; to advise the UnderwritersPlacement Agent, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or Preliminary Prospectus, any Issuer Free Writing Prospectus or the Prospectus, of the suspension of the qualification of such the Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus General Disclosure Package or any Issuer Free Writing the Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus, any Issuer Free Writing Prospectus or the Securities Prospectus or suspending any such qualification, and promptly to promptly use its best efforts to obtain the withdrawal of such order;.
(b) promptly from time The Company represents and agrees that, unless it obtains the prior consent of the Placement Agent it has not made and will not make any offer relating to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions that would constitute a “free writing prospectus” as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein defined in such jurisdictions for as long as may be necessary to complete the issuance and sale Rule 405 of the SecuritiesRules and Regulations unless the prior written consent of the Placement Agent has been received (each, a “Permitted Free Writing Prospectus”); provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general prior written consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, Placement Agent hereto shall be deemed to have been given in respect of the Issuer Free Writing Prospectus(es) included in Schedule A hereto. The Company represents that it has treated and agrees that it will treat each Permitted Free Writing Prospectus as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other an Issuer Free Writing Prospectus, comply with the Prospectus requirements of Rules 164 and all amendments 433 of the Rules and supplements Regulations applicable to any Issuer Free Writing Prospectus, including the requirements relating to timely filing with the Commission, legending and record keeping and will not take any action that would result in the Placement Agent or the Company being required to file with the Commission pursuant to Rule 433(d) of the Rules and Regulations a free writing prospectus prepared by or on behalf of such documents (including any document filed under the Exchange Act and deemed Placement Agent that such Placement Agent otherwise would not have been required to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;file thereunder.
(dc) during the period in which the If at any time when a Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs or condition exists as a result of which the Disclosure Package or the Prospectus Prospectus, as then amended or supplemented supplemented, would include an any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading, or the Registration Statement, as then amended or supplemented, would include any untrue statement of a material fact or omit to state a material fact necessary to make the statements therein not misleading, or if for any other reason it is necessary at any time to amend or supplement any Registration Statement or the Prospectus to comply with the Securities Act or the Exchange Act, the Company will promptly notify the Placement Agent, and upon the Placement Agent’s request, the Company will promptly prepare and file with the Commission, at the Company’s expense, an amendment to the Registration Statement or an amendment or supplement to the Prospectus that corrects such statement or omission or effects such compliance and will deliver to the Placement Agent, without charge, such number of copies thereof as the Placement Agent may reasonably request. The Company consents to the use of the Prospectus or any amendment or supplement thereto by the Placement Agent.
(d) If the General Disclosure Package is being used to solicit offers to buy the Securities at a time when the Prospectus is not yet available to prospective purchasers and any event shall occur as a result of which, in the judgment of the Company or in the reasonable opinion of the Placement Agent, it becomes necessary to amend or supplement the General Disclosure Package in order to make the statements therein, in the light of the circumstances then existingunder which they were made, not misleading, or to make the statements therein not conflict with the information contained or incorporated by reference in the Registration Statement then on file and not superseded or modified, or if during such period it is necessary at any time to amend the Registration Statement or amend or supplement the General Disclosure Package to comply with any law, the Company promptly will either (i) prepare, file with the Commission (if required) and furnish to the Placement Agent and any dealers an appropriate amendment or supplement to the General Disclosure Package or (ii) prepare and file with the Commission an appropriate filing under the Exchange Act which shall be incorporated by reference in the General Disclosure Package so that the General Disclosure Package as so amended or supplemented will not, in the light of the circumstances under which they were made, be misleading or conflict with the Registration Statement then on file, or so that the General Disclosure Package will comply with law.
(e) If at any time following issuance of an Issuer Free Writing Prospectus in connection with the Offering there occurred or occurs an event or development as a result of which such Issuer Free Writing Prospectus conflicted or will conflict with the information contained in the Registration Statement, Pricing Prospectus or Prospectus, including any document incorporated by reference therein and any prospectus supplement deemed to be a part thereof and not superseded or modified or included or would include an untrue statement of a material fact or omitted or would omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading, the Company has promptly notified or will promptly notify the Placement Agent so that any use of the Issuer Free Writing Prospectus may cease until it is amended or supplemented and has promptly amended or will promptly amend or supplement, at its own expense, such Issuer Free Writing Prospectus to eliminate or correct such conflict, untrue statement or omission. The foregoing sentence does not apply to statements in or omissions from any Issuer Free Writing Prospectus in reliance upon, and in conformity with, written information furnished to the Company by the Placement Agent specifically for inclusion therein, which information the parties hereto agree is limited to the Placement Agent’s Information (as defined in Section 17).
(f) To the extent not available on the Commission’s EXXXX system, to furnish promptly to the Placement Agent and to counsel for the Placement Agent a signed copy of the Registration Statement as originally filed with the Commission, and of each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(g) To the extent not available on the Commission’s EXXXX system, to deliver promptly to the Placement Agent in New York City such number of the following documents as the Placement Agent shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission (excluding exhibits), (ii) each Preliminary Prospectus (if any), (iii) any Issuer Free Writing Prospectus, (iv) the Prospectus (the delivery of the documents referred to in clauses (i), (ii), (iii) and (iv) of this paragraph (g) to be made not later than 10:00 A.M., New York time, on the business day following the execution and delivery of this Agreement), (v) conformed copies of any amendment to the Registration Statement (excluding exhibits), (vi) any amendment or supplement to the General Disclosure Package or the Prospectus (the delivery of the documents referred to in clauses (v) and (vi) of this paragraph (g) to be made not later than 10:00 A.M., New York City time, on the business day following the date of such amendment or file supplement) and (vii) any document to comply with incorporated by reference in the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the General Disclosure Package or the Prospectus, as Prospectus (excluding exhibits thereto) (the case may be, or file any document (in each case, at the expense delivery of the Companydocuments referred to in clause (vi) so as of this paragraph (g) to correct be made not later than 10:00 A.M., New York City time, on the business day following the date of such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;document).
(eh) to To make generally available to security-holders of the Company its stockholders as soon as practicable, but in any event not later than eighteen (18) months after the effective date of the each Registration Statement (as defined in Rule 158(c) under of the Securities ActRules and Regulations), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158 thereunder158);; and to furnish to its stockholders as soon as practicable after the end of each fiscal year an annual report (including a balance sheet and statements of income, stockholders’ equity and cash flows of the Company and its consolidated subsidiaries certified by independent public accountants) and as soon as possible after each of the first three fiscal quarters of each fiscal year (beginning with the first fiscal quarter after the effective date of such Registration Statement), consolidated summary financial information of the Company for such quarter in reasonable detail.
(fi) between To take promptly from time to time such actions as the Placement Agent may reasonably request to qualify the Securities for offering and sale under the securities or Blue Sky laws of such jurisdictions (domestic or foreign) as the Placement Agent may designate and to continue such qualifications in effect, and to comply with such laws, for so long as required to permit the offer and sale of the Securities in such jurisdictions; provided that the Company and its subsidiaries shall not be obligated to qualify as foreign corporations in any jurisdiction in which they are not so qualified or to file a general consent to service of process in any jurisdiction.
(j) To the extent not available on the Commission’s EXXXX system, upon request, during the period of five (5) years from the date hereof, to deliver to the Placement Agent, (i) as soon as they are available, copies of this Agreement all reports or other communications furnished to stockholders, and (ii) as soon as they are available, copies of any reports and financial statements furnished or filed with the Commission or any national securities exchange or automatic quotation system on which any of the Securities is listed or quoted.
(k) To supply the Placement Agent with copies of all correspondence to and from, and all documents issued to and by, the Commission in connection with the registration of the Securities under the Securities Act or the Registration Statement, any Preliminary Prospectus or the Prospectus, or any amendment or supplement thereto or document incorporated by reference therein.
(l) Prior to the Closing Date, neither to furnish to the Placement Agent, as soon as they have been prepared, copies of any unaudited interim consolidated financial statements of the Company for any periods subsequent to the periods covered by the financial statements appearing in the Registration Statement and the Prospectus.
(m) The Company will reserve and keep available at all times, free of pre-emptive or other similar rights, a sufficient number of shares of Common Stock, for the purposes of enabling the Company to satisfy any obligations to issue shares of Common Stock upon exercise of the Warrants and the issuance of the Placement Agent Warrant Shares upon exercise of the Placement Agent Warrants.
(n) Prior to the Closing Date, not to issue any press release or other communication directly or indirectly or hold any press conference with respect to the Company, nor any its condition, financial or otherwise, or earnings, business affairs or business prospects (except for routine oral marketing communications in the ordinary course of its subsidiaries or other affiliates over business and consistent with the past practices of the Company and of which it exercises management or voting control, nor any person acting on their behalf willthe Placement Agent is notified), without the prior written consent of the RepresentativesPlacement Agent, offerunless in the judgment of the Company and its counsel, selland after notification to the Placement Agent, contract such press release or communication is required by law.
(o) Until the Placement Agent shall have notified the Company of the completion of the offering of the Securities, that the Company will not, and will cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, any Securities, or attempt to sell induce any person to purchase any Securities; and not to, and to cause its affiliated purchasers not to, make bids or otherwise dispose purchase for the purpose of any securities that are substantially similar to creating actual, or apparent, active trading in or of raising the price of the Securities.
(gp) Not to pay the required Commission filing fees related take any action prior to the Securities within Closing Date which would require the time period required by Rule 456(b)(1) under the Securities Act without regard Prospectus to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;be amended or supplemented pursuant to Section 5.
(hq) To at all times comply with all applicable provisions of the Sxxxxxxx-Xxxxx Act in effect from time to time except where the failure to so comply would not result in a Material Adverse Effect.
(r) To apply the net proceeds from the sale of the Securities as described set forth in the Registration Statement, the General Disclosure Package and the Prospectus under the heading “Use of Proceeds.”; and
(is) not To use its best efforts to takelist, directly or indirectlyeffect and maintain, any action designed subject to or that could reasonably be expected to cause or result in any stabilization or manipulation notice of issuance, the Securities on the NYSE Amex.
(t) If applicable, within ninety (90) days of the price Closing, to obtain stockholder approval of the transaction contemplated hereunder and to approve of the issuance of Common Stock or securities convertible into or exercisable for Common Stock of the Company in excess of 20% of shares of Common Stock outstanding immediately prior to the Offering in accordance with Rule 713 of the NYSE Amex Company Guide.
(u) To use its reasonable best efforts to do and perform all things required to be done or performed under this Agreement by the Company prior to the Closing Date and to satisfy all conditions precedent to the delivery of the Securities.
Appears in 1 contract
Samples: Placement Agent Agreement (RADIENT PHARMACEUTICALS Corp)
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus Supplement in a form approved by the Underwriters Underwriter and to file or cause to be filed with the Commission such Prospectus, Prospectus Supplement pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by such RuleCommission's close of business on the second business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofProspectus except as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersUnderwriter, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriter with copies thereof; to advise the CommissionUnderwriter, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Shares for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus Supplement or the Securities Prospectus Supplement or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to the Underwriter and to counsel for the Underwriter, upon request, a conformed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Underwriter such number of the following documents as the Underwriter shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case including consents and exhibits other than this Agreement and the computation of per share earnings) and (ii) each Preliminary Prospectus Supplement, the Prospectus Supplement and any amended or supplemented Prospectus Supplement; and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Shares and if at such time any events shall have occurred as a result of which the Preliminary Prospectus Supplement or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Preliminary Prospectus Supplement or the Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Preliminary Prospectus Supplement or the Prospectus in order to comply with the Securities Act or the Exchange Act, to notify the Underwriter and, upon its request, to file such document and to prepare and furnish without charge to the Underwriter and to any dealer in securities as many copies as the Underwriter may from time to time reasonably request of an amended or supplemented Preliminary Prospectus Supplement or the Prospectus which will correct such statement or omission or effect such compliance. The aforementioned documents furnished to the Underwriter will be identical to the electronically transmitted copies thereof filed with the Commission pursuant to XXXXX, except to the extent permitted by Regulation S-T;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus Supplement or any supplement to the Prospectus Supplement that may, in the judgment of the Underwriter or counsel to the Underwriter, be required by the Securities Act or the Exchange Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus pursuant to Rule 424 of the Securities Act Regulations, to furnish a copy thereof to the Underwriter and counsel for the Underwriter and obtain the consent of the Underwriter to the filing;
(f) The Company will make generally available to its security holders as soon as practicable but no later than 60 days after the close of the period covered thereby an earnings statement (in form complying with the provisions of Section 11(a) of the Securities Act and Rule 158 of the Securities Act Regulations), which need not be certified by independent certified public accountants unless required by the Securities Act or the Securities Act Regulations, covering a twelve-month period commencing after the "effective date" (as defined in said Rule 158) of the Registration Statement;
(g) The Company will furnish to the Underwriter, from time to time during the period when the Prospectus is required to be delivered under the Securities Act or the Exchange Act such number of copies of the Prospectus (as amended or supplemented) as the Underwriter may reasonably request for the purposes contemplated by the Securities Act or the Exchange Act or the respective applicable rules and regulations of the Commission thereunder;
(h) For a period of five years following the Effective Date, to furnish to the Underwriter, upon request, copies of all materials furnished by the Company to its stockholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Common Shares may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder;
(i) Promptly from time to time to take such action as the Underwriters Underwriter may reasonably request to qualify the Securities Shares for offer offering and sale under the securities securities, real estate syndication or Blue Sky laws of such jurisdictions as the Underwriters Underwriter may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the Securities; provided that in connection therewith Shares by the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectUnderwriter;
(cj) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between From the date of this Agreement through, and including, the 30th day after the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, not to offer, sell, contract to sell or otherwise dispose of, except as provided hereunder, any preferred securities of any securities the Company that are substantially similar to the Securities.
(g) Shares, including but not limited to pay any securities that are convertible into or exchangeable for, or that represent the required Commission filing fees related right to receive, any such substantially similar securities without the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard prior written consent of Wachovia Capital Markets, LLC, except sales or offers in private placement transactions or in direct public placements to the proviso therein and otherwise sellers relating to acquisition of real property or interests therein, including mortgage or leasehold interests, or in accordance conjunction with Rules 456(b) and 457(r) under the Securities Actany joint venture transaction, made to any seller of such real property or such joint venture interest;
(hk) To use its best efforts to apply effect, within 30 days after the net proceeds from Closing Date, the sale listing of the Securities Shares on the NYSE;
(l) To take such steps as described in shall be necessary to ensure that neither the Disclosure Package Company nor the Operating Partnership shall become an "investment company" within the meaning of such term under the Investment Company Act of 1940, as amended, and the Prospectus rules and regulations of the Commission thereunder;
(m) The Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the heading “Use of Proceeds”Code; and
(in) not Except for the authorization of actions permitted to be taken by the Underwriter as contemplated herein or in the Prospectus, neither the Company nor the Operating Partnership will (a) take, directly or indirectly, any action designed to cause or to result in, or that could might reasonably be expected to cause or result in any constitute, the stabilization or manipulation of the price of any security of the SecuritiesCompany to facilitate the sale or resale of the Shares, and (b) until the Closing Date, (i) sell, bid for or purchase the Securities or pay any person any compensation for soliciting purchases of the Securities or (ii) pay or agree to pay to any person any compensation for soliciting another to purchase any other securities of the Company.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the UnderwritersUnderwriter:
(a) to To prepare the Final Term SheetRule 462(b) Registration Statement, substantially in the form of Schedule 3 hereto if necessary and approved agreed to by the Representatives Company, in a form reasonably acceptable to the Underwriter and the Company and file such Rule 462(b) Registration Statement with the Final Term Sheet Commission by 10:00 p.m., New York time, on the date hereof, and the Company shall at the time of filing either pay to the Commission the filing fee for the Rule 462(b) Registration Statement or give irrevocable instructions for the payment of such fee pursuant to Rule 433(d111(b) of under the Securities Act within the time period prescribed by such RuleRules and Regulations; to prepare the Prospectus, as amended or supplemented, in relation to Pricing Prospectus and the Securities Prospectus in a form approved by acceptable to the Underwriters Underwriter and the Company containing information previously omitted at the time of effectiveness of the Registration Statement in reliance on Rule 430B of the Rules and Regulations and to file or cause to be filed with the Commission such Prospectus, Pricing Prospectus and Prospectus pursuant to Rule 424(b) under of the Securities ActRules and Regulations not later than the second (2nd) business day following the execution and delivery of this Agreement or, within if applicable, such earlier time as may be required by Rule 430B of the time period prescribed Rules and Regulations; to notify the Underwriter promptly of the Company’s intention to file or prepare any supplement or amendment to any Registration Statement or to the Prospectus (excluding, for the purpose of this provision, any document incorporated by such Rule; reference therein) and to make no further amendment or any supplement to the Registration Statement Statement, the General Disclosure Package or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by Prospectus without providing the Underwriters promptly after Underwriter with a reasonable notice thereoftime to review and comment upon such filing; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersUnderwriter, promptly after it receives notice thereof, of the time when any amendment to the any Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and General Disclosure Package or the Prospectus or any amended Prospectus has been filed and to furnish the Underwriter with copies thereof; to file promptly all material required to be filed by the Company with the CommissionCommission pursuant to Rules 433(d) or 163(b)(2) of the Rules and Regulations, as the case may be; to advise the Underwriter, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing Prospectus, the Pricing Prospectus or the Prospectus, of the suspension of the qualification of such the Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus General Disclosure Package or any Issuer Free Writing the Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Issuer Free Writing Prospectus, the Securities Pricing Prospectus or the Prospectus or suspending any such qualification, and promptly to promptly use its best efforts to obtain the withdrawal of such order;.
(b) promptly from time The Company represents and agrees that, unless it obtains the prior consent of the Underwriter it has not made and will not, make any offer relating to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions that would constitute a “free writing prospectus” as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein defined in such jurisdictions for as long as may be necessary to complete the issuance and sale Rule 405 of the SecuritiesRules and Regulations unless the prior written consent of the Underwriter has been received (each, a “Permitted Free Writing Prospectus”); provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general prior written consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, Underwriter hereto shall be deemed to have been given in respect of the Issuer Free Writing Prospectus included in Schedule I hereto. The Company represents that it has treated and agrees that it will treat each Permitted Free Writing Prospectus as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other an Issuer Free Writing Prospectus, comply with the Prospectus requirements of Rules 164 and all amendments 433 of the Rules and supplements Regulations applicable to any Issuer Free Writing Prospectus, including the requirements relating to timely filing with the Commission, legending and record keeping and will not take any action that would result in an Underwriter or the Company being required to file with the Commission pursuant to Rule 433(d) of the Rules and Regulations a free writing prospectus prepared by or on behalf of such documents (including any document filed under the Exchange Act and deemed Underwriter that such Underwriter otherwise would not have been required to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;file thereunder.
(dc) during If at any time period prior to the period in which the Prospectus date when a prospectus relating to the Securities is required to be delivered (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities ActRules and Regulations) is required to be delivered under (such period, the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary “Prospectus and the Prospectus. If during such period Delivery Period”) any event occurs or condition exists as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an any untrue statement of a material fact fact, or omit to state a any material fact necessary to make the statements therein, in light of the circumstances under which they were made when the Prospectus is delivered (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations), not misleading, or if it is necessary at any time to amend or supplement any Registration Statement or the Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus to comply with the Securities Act or the Exchange Act, the Company will promptly notify the Underwriter thereof and upon its request will prepare an appropriate amendment or supplement in form and substance satisfactory to the Underwriter which will correct such statement or omission or effect such compliance and will use its reasonable best efforts to have any amendment to the Registration Statement declared effective as soon as reasonably possible. For the purposes of the foregoing agreement, the Underwriter shall notify the Company if the Prospectus Delivery Period for the Securities extends beyond the Closing Date. The Company will furnish without charge to the Underwriter and to any dealer in securities as many copies as the Underwriter may from time to time reasonably request of such amendment or supplement. In case any Underwriter is required to deliver a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations) relating to the Company upon the request of the Underwriter will prepare promptly an amended or supplemented Prospectus as may be necessary to permit compliance with the requirements of Section 10(a)(3) of the Securities Act and deliver to such Underwriter as many copies as such Underwriter may reasonably request of such amended or supplemented Prospectus complying with Section 10(a)(3) of the Securities Act.
(d) If the General Disclosure Package is being used to solicit offers to buy the Securities at a time when the Prospectus is not yet available to prospective purchasers and any event shall occur as a result of which, in the judgment of the Company or in the reasonable opinion of the Underwriter, it becomes necessary to amend or supplement the General Disclosure Package in order to make the statements therein, in the light of the circumstances then existingprevailing, not misleading, or to make the statements therein not conflict with the information contained in the Registration Statement then on file and not superseded or modified, or if during such period it is necessary at any time to amend the Registration Statement or amend or supplement the General Disclosure Package or the Prospectus or file any document to comply with any law, the Securities ActCompany promptly will prepare and file with the Commission an appropriate filing under the Exchange Act which shall be incorporated by reference in the General Disclosure Package so that the General Disclosure Package as so amended or supplemented will not, to promptly notify in the Representatives andlight of the circumstances then prevailing, subject to Section 4(abe misleading or conflict with the Registration Statement then on file, or so that the General Disclosure Package will comply with law. 15
(e) hereofIf at any time following issuance of an Issuer Free Writing Prospectus, amend there occurred or occurs an event or development as a result of which such Issuer Free Writing Prospectus conflicted or will conflict with the information contained in the Registration Statement, Pricing Prospectus or Prospectus, including any document incorporated by reference therein and not superseded or modified, or included or would include (when considered together with the General Disclosure Package) an untrue statement of a material fact or omitted or would omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances prevailing at the subsequent time, not misleading, the Company has promptly notified or will promptly notify the Underwriter so that any use of the Issuer Free Writing Prospectus may cease until it is amended or supplemented and has promptly amended or will promptly amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each casesupplement, at the expense of the Company) so as its own expense, such Issuer Free Writing Prospectus to eliminate or correct such conflict, untrue statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;omission.
(ef) to To make generally available to security-holders of the Company its stockholders as soon as practicable, but in any event not later than eighteen sixteen (16) months after the effective date of the Registration Statement (as defined in Rule 158(c) under of the Securities ActRules and Regulations), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158 thereunder158);.
(fg) between To take promptly from time to time such actions as the Underwriter may reasonably request to qualify the Securities for offering and sale under the securities or Blue Sky laws of such jurisdictions (domestic or foreign) as the Underwriter may designate and to continue such qualifications in effect, and to comply with such laws, for so long as required to permit the offer and sale of Securities in such jurisdictions; provided that the Company shall not be obligated to qualify as a foreign corporation in any jurisdiction in which it is not so qualified, subject itself to taxation in any jurisdiction in which it is not so subject or to file a general consent to service of process in any jurisdiction.
(h) Upon request to deliver to each of the Underwriter, (i) as soon as they are available, copies of all reports or other communications furnished to stockholders, and (ii) as soon as they are available, copies of any reports and financial statements furnished or filed with the Commission or the Nasdaq Capital Market or any national securities exchange on which the Securities or Conversion Securities are listed. However, so long as the Company is subject to the reporting requirements of either Section 13 or Section 15(d) of the Exchange Act and is timely filing reports with the Commission on its Electronic Data Gathering, Analysis and Retrieval system (“XXXXX”), it is not required to furnish such reports or statements to the Underwriter.
(i) That the Company will not, for a period of ninety (90) days from the date of this Agreement and (the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will“Lock-Up Period”), without the prior written consent of the RepresentativesUnderwriter, directly or indirectly offer, sell, assign, transfer, pledge, contract to sell sell, or otherwise dispose of, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for Common Stock, other than (i) the Company’s sale of the Securities pursuant to this Agreement, (ii) the issuance of Common Stock, options to acquire Common Stock or securities convertible into or exchangeable for Common Stock to employees, directors and/or consultants pursuant to the Company’s employee benefit plans, qualified stock option plans or other employee compensation plans as such plans are in existence on the date hereof, (iii) the issuance of Common Stock pursuant to the valid exercises of options, warrants or rights or pursuant to the vesting of restricted stock units outstanding on the date hereof, (iv) the issuance of any securities Conversion Securities upon valid conversion of the Securities and (v) any issuance of Common Stock pursuant to that are substantially similar certain Underwriting Agreement, of even date herewith, by and between the Company and the Underwriter (the “Common Stock Underwriting Agreement”). The Company will cause each officer and director listed in Schedule II to furnish to the Securities.
(g) to pay the required Commission filing fees related Underwriter, prior to the Closing Date, a letter, substantially in the form of Exhibit A hereto. The Company also agrees that during the Lock-Up Period, other than for the sale of the 16 Securities within hereunder or the time period required by Rule 456(b)(1) sale of Common Stock under the Common Stock Underwriting Agreement, the Company will not file any registration statement, preliminary prospectus or prospectus, or any amendment or supplement thereto, under the Securities Act without regard for any such transaction or which registers, or offers for sale, Common Stock or any securities convertible into or exercisable or exchangeable for Common Stock, except for a registration statement on Form S-8 relating to employee benefit plans and except for updating amendments or supplements to registration statements or prospectuses that became effective prior to the proviso therein date of this Agreement and otherwise that do not register any additional securities.
(j) To supply the Underwriter with copies of all correspondence to and from, and all documents issued to and by, the Commission in accordance connection with Rules 456(b) and 457(r) the registration of the Securities under the Securities Act;Act or the Registration Statement or the Prospectus, or any amendment or supplement thereto or document incorporated by reference therein.
(hk) Prior to the Closing Date, not to issue any press release or other communication directly or indirectly or hold any press conference with respect to the Company, its condition, financial or otherwise, or earnings, business affairs or business prospects (except for routine oral or written marketing communications in the ordinary course of business and consistent with the past practices of the Company and of which the Underwriter are notified), without the prior written consent of the Underwriter, unless in the judgment of the Company and its counsel, and after notification to the Underwriter, such press release or communication is required by law.
(l) Until the Underwriter shall have notified the Company of the completion of the resale of the Securities (and the Underwriter hereby agrees to promptly notify the Company of such completion), that the Company will not, and will cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, any shares of Common Stock, or attempt to induce any person to purchase any shares of Common Stock; and not to, and to cause its affiliated purchasers not to, make bids or purchase for the purpose of creating actual, or apparent, active trading in or of raising the price of the Common Stock.
(m) To apply the net proceeds from the sale of the Securities as described set forth in the Registration Statement, the General Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and,” and except as disclosed in the General Disclosure Package, the Company does not intend to use any of the proceeds from the sale of the Securities hereunder to repay any outstanding debt owed to any affiliate of the Underwriter.
(in) not To use commercially reasonable efforts to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation maintain the listing of the price Common Stock on the Nasdaq Capital Market.
(o) To use commercially reasonable efforts to do and perform all things required to be done or performed under this Agreement by the Company prior to the Closing Date and to satisfy all conditions precedent to the delivery of the Securities.
(p) To reserve and keep available at all times, a sufficient number of shares of Common Stock for the purpose of enabling the Company to issue the Conversion Securities upon valid conversion of the Securities.
(q) Upon request of the Underwriter, to furnish, or cause to be furnished, to the Underwriter an electronic version of the Company’s trademarks, service marks and corporate logo for use on the website, if any, operated by the Underwriter for the purpose of facilitating the on-line offering of the Securities (the 17 “License”); provided, however that the License shall be used solely for the purpose described above, is granted without any fee and may not be assigned or transferred.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersseveral Underwriters that:
(a) to The Company will prepare the Final Term SheetRule 462(b) Registration Statement, substantially if necessary, in the a form of Schedule 3 hereto and approved by the Representatives and file such Rule 462(b) Registration Statement with the Final Term Sheet pursuant to Rule 433(d) of Commission on the Securities Act within the time period prescribed by such Ruledate hereof; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representatives and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, within Act not later than the time period prescribed by such Rulesecond business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement Statements or Prospectus as amended or supplemented after the date of this Agreement and prior to the Prospectus Option Closing Date to which the Representatives shall be disapproved reasonably object by notice to the Underwriters Company after a reasonable period to review; advise the Representatives, promptly after reasonable it receives notice thereof; , of the time when any amendment to advise either Registration Statement has been filed or becomes effective or any supplement to the Underwriters promptly of Prospectus or any such amendment or supplement after such Closing Date amended Prospectus has been filed and to furnish the Underwriters Representatives with copies thereof and to thereof; file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to the Stock; advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statements or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such order;its withdrawal.
(b) promptly from If at any time prior to time to take such action as the Underwriters may reasonably request to qualify expiration of nine months after the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale effective date of the Securities; provided that in connection therewith the Company shall not be required to qualify as Initial Registration Statement when a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) Stock is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an any untrue statement of a material fact fact, or omit to state a any material fact necessary to make the statements therein, in the light of the circumstances then existingunder which they were made, not misleading, or if during such period it is necessary at any time to amend the Registration Statement Prospectus or amend or supplement to file under the Disclosure Package or Exchange Act any document incorporated by reference in the Prospectus or file any document to comply with the Securities Act or the Exchange Act, to the Company will promptly notify the Representatives and, subject thereof and upon their request will prepare an amended or supplemented Prospectus or make an appropriate filing pursuant to Section 4(a) hereof, amend the Registration Statement, amend 13 or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense 14 of the Company) so as to Exchange Act which will correct such statement or omission or to effect such compliance, and to . The Company will furnish without charge to each Underwriter and to any dealer in securities as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request of such amended or supplemented Prospectus; and in case any Underwriter is required to deliver a prospectus relating to the Stock nine months or more after the effective date of the Initial Registration Statement, the Company upon the request of the Representatives and at the expense of such Underwriter will prepare promptly an amended or supplemented Prospectus as may be necessary to permit compliance with the requirements of Section 10(a)(3) of the Securities Act.
(c) The Company will furnish promptly to each of the Representatives and to counsel for the Underwriters a signed copy of each of the Registration Statements as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith.
(d) The Company will deliver promptly to the Representatives in New York City such number of the following documents as the Representatives shall reasonably request;: (i) conformed copies of the Registration Statements as originally filed with the Commission and each amendment thereto (in each case excluding exhibits), (ii) each Preliminary Prospectus, (iii) the Prospectus (not later than 10:00 A.M., New York time, of the second business day following the execution and delivery of this Agreement) and any amended or supplemented Prospectus (not later than 10:00 A.M., New York City time, on the second business day following the date of such amendment or supplement) and (iv) any document incorporated by reference in the Prospectus (excluding exhibits thereto).
(e) to The Company will make generally available to security-holders of the Company its stockholders as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158 thereunder158);.
(f) between The Company will promptly take from time to time such actions as the Representatives may reasonably request to qualify the Stock for offering and sale under the securities or Blue Sky laws of such jurisdictions as the Representatives may designate and to continue such qualifications in effect for so long as required for the distribution of the Stock; provided that the Company and its subsidiaries shall not be obligated to qualify as foreign corporations in any jurisdiction in which they are not so qualified or to file a general consent to service of process in any jurisdiction;
(g) During the period of three years from the date hereof, the Company will deliver to the Representatives and, upon request, to each of the other Underwriters, (i) as soon as they are available, copies of all reports or other communications furnished to stockholders and (ii) as soon as they are available, copies of any reports and financial statements furnished or filed with the Commission pursuant to the Exchange Act or any national securities exchange or automatic quotation system on which the Stock is listed or quoted.
(h) The Company will not directly or indirectly offer, sell, assign, transfer, pledge, contract to sell, or otherwise dispose of any shares of Common Stock or securities convertible into or exercisable or exchangeable for Common Stock for a period of 90 days from the date of this Agreement the Prospectus without the prior written consent of XX Xxxxx other than the Company's sale of the Stock hereunder, the issuance of shares pursuant to employee benefit plans, qualified stock option plans or other employee compensation plans existing on the date hereof or pursuant to currently outstanding options, warrants or rights; the Company will cause each officer, director and shareholder listed in Schedule C to furnish to the Representatives, prior to the First Closing Date, neither a letter, substantially in the form of Exhibit I hereto, pursuant to which each such person shall agree not to directly or indirectly offer, sell, assign, transfer, pledge, contract to sell, or otherwise dispose of any shares of Common Stock or securities convertible into or exercisable or exchangeable for Common Stock for a period of 90 days from the date of the Prospectus, without the prior written consent of XX Xxxxx.
(i) The Company will supply the Representatives with copies of all correspondence to and from, and all documents issued to and by, the Commission in connection with the registration of the Stock under the Securities Act.
(j) Prior to each of the Closing Dates the Company will furnish to the Representatives, as soon as they have been prepared, copies of any unaudited interim consolidated financial statements of the Company for any periods subsequent to the periods covered by the financial statements appearing in the Registration Statement and the Prospectus.
(k) Prior to each of the Closing Dates, the Company will not issue any press release or other communication directly or indirectly or hold any press conference with respect to the Company, nor any its condition, financial or otherwise, or earnings, business affairs or business prospects (except for routine oral marketing communications in the ordinary course of its subsidiaries or other affiliates over business and consistent with the past practices of the Company and of which it exercises management or voting control, nor any person acting on their behalf willthe Representatives are notified), without the prior written consent of the Representatives, offerunless in the judgment of the Company and its counsel, sell, contract to sell or otherwise dispose of any securities that are substantially similar and after notification to the SecuritiesRepresentatives, such press release or communication is required by law.
(gl) In connection with the offering of the Stock, until XX Xxxxx shall have notified the Company of the completion of the resale of the Stock, the Company will not, and will cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, any Stock, or attempt to pay induce any person to purchase any Stock; and not to, and to cause its affiliated purchasers not to, make bids or purchase for the required Commission filing fees related purpose of creating actual, or apparent, active trading in or of raising the price of the Stock.
(m) The Company will not take any action prior to the Securities within Option Closing Date which would require the time period required by Rule 456(b)(1) under the Securities Act without regard Prospectus to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;be amended or supplemented pursuant to Section III(b).
(hn) to The Company will apply the net proceeds from the sale of the Securities Stock as described set forth in the Disclosure Package and the Prospectus under the heading “"Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities."
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, pursuant to Rule 424(b) under the Securities Act, within the time period prescribed by such Rule; to To make no further amendment amendments or any supplement to the Registration Statement or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofProspectus except as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the Underwriters, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement or any amendment thereto has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Underwriters with copies thereof; to advise the CommissionUnderwriters, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to promptly use its best prompt, diligent and good faith efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to each of the Underwriters and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Underwriters such number of the following documents as the Underwriters shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement and the computation of per share earnings) (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus; and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Stock and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus in order to comply with the Securities Act to notify the Underwriters and, upon their request to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Underwriters may from time to time reasonably request of an amended or supplemented Prospectus which will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the judgment of the Company or the Underwriters, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any (i) amendment to the Registration Statement or supplement to the Prospectus or (ii) any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Underwriters and counsel for the Underwriters and obtain the consent of the Underwriters to the filing;
(f) As soon as practicable after the Effective Date, to make generally available to the Company's security holders and to deliver to the Underwriters an earnings statement of the Company (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) For a period of five years following the Effective Date, to furnish to the Underwriters copies of all materials furnished by the Company to its shareholders and all public reports and all reports and financial statements furnished by the Company to the principal national securities exchange upon which the Stock may be listed pursuant to requirements of or agreements with such exchange or to the Commission pursuant to the Exchange Act or any rule or regulation of the Commission thereunder;
(h) Promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities Stock for offer offering and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subjectStock;
(ci) For a period of 90 days from the date of the Prospectus, not to offer for sale, sell or otherwise dispose of (or enter into any transaction which is designed to, or could be expected to, result in the disposition by any person of), directly or indirectly, any shares of Common Stock (other than the Stock), or sell or grant options, rights or warrants with respect to any shares of Common Stock (other than Authorized Grants or issuances of shares of Common Stock or rights to receive shares of Common Stock in connection with collaborative agreements entered into in the ordinary course of business (the "Collaborative Shares")) without the prior written consent of Xxxxxx Brothers Inc.; and to cause each officer and director of the Company to furnish to the Underwriters Underwriters, prior to the First Delivery Date, and to cause each person or entity receiving any such number Authorized Grants or Collaborative Shares to furnish to the Underwriters, prior to issuance of conformed copies any such Authorized Grants or Collaborative Shares, a letter or letters, in form and substance satisfactory to counsel for the Underwriters, pursuant to which each such person shall agree not to offer for sale, sell or otherwise dispose of (or enter into any transaction which is designed to, or could be expected to, result in the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreementdisposition of any person of), directly or indirectly, any Preliminary Prospectusshares of Common Stock beneficially owned, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference beneficially owned, or in the Registration Statement, any Preliminary Prospectus or future acquired by each such person for a period of 90 days from the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf willProspectus, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities ActXxxxxx Brothers Inc.;
(hj) to To apply the net proceeds from the sale of the Securities Stock being sold by the Company as described set forth in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”Prospectus; and
(ik) To take such steps as shall be necessary to ensure that the Company shall not to become an "investment company" within the meaning of such term under the United States Investment Company Act of 1940 and the rules and regulations of the Commission thereunder.
(l) The Company has not taken and until a period of 90 days has elapsed from the date of the Prospectus shall not take, directly or indirectly, any action designed which releases Xxxxxx World Trade Corporation ("Baxter") from or waives any restrictions imposed on Baxter with respect to or that could reasonably be expected the transfer of shares of Common Stock contained in to cause or result in any stabilization or manipulation the Stock Purchase Agreement between Baxter and the Company, dated March 1, 1996.
(m) The Company has not taken and until a period of 90 days has elapsed from the date of the price Prospectus shall not take, directly or indirectly, any action which releases Pfizer, Inc. ("Pfizer") from or waives any restrictions imposed on Pfizer with respect to the transfer of shares of Company Common Stock contained in the SecuritiesStock Purchase Agreement between Pfizer and the Company, dated January 18, 1995.
Appears in 1 contract
Samples: Underwriting Agreement (Inhale Therapeutic Systems)
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representatives and to file or cause such Prospectus (i) pursuant to be filed with Rule 424(b)(1) (or, if applicable and if consented to by the Commission such ProspectusRepresentatives, pursuant to Rule 424(b424(b)(4)) under not later than the Securities Act, within Commission's close of business on the time period prescribed by such Rule; to make no further amendment or any supplement to earlier of (A) the Registration Statement or Prospectus as amended or supplemented after second business day following the date of this the Terms Agreement or (B) the fifteenth business day after the Effective Date, or (ii) if the date of the Terms Agreement is after the fifteenth business day after the Effective Date, pursuant to Rule 424(b)(2) (or, if applicable and prior if consented to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofRepresentatives, pursuant to Rule 424(b)(5)) not later than the second business day following the date of a Terms Agreement; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersRepresentatives, promptly after it receives notice thereof, of the time when the Registration Statement, or any amendment to the Registration Statement thereto, has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Representatives with copies thereof; to advise the CommissionRepresentatives, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such the Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to each of the Representatives and to counsel for the Underwriters a conformed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To furnish promptly to each of the Representatives copies of the Registration Statement, including all exhibits, any Preliminary Prospectus, the Prospectus and all amendments and supplements to such documents, in each case as soon as available and in such quantities as are reasonably requested;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the reasonable judgment of the Company or the Representatives, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any (i) amendment to the Registration Statement or supplement to the Prospectus or (ii) any Prospectus pursuant to Rule 424 of the Rules and Regulations, to furnish a copy thereof to the Representatives and counsel for the Underwriters;
(f) As soon as practicable after the date of each Terms Agreement, but in no event later than twelve months after the later of (i) the effective date of the registration statement relating to the Registered Securities, (ii) the effective date of the most recent post-effective amendment to the Registration Statement to become effective prior to the date of such Terms Agreement and (iii) the date of the Company's most recent Annual Report on Form 10-K filed with the Commission prior to the date of such Terms Agreement, to make generally available to its security holders an earnings statement which will satisfy the provisions of Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158), it being intended that the Company will satisfy the foregoing obligation by making available copies of its quarterly reports on Form 10-Q;
(g) Promptly from time to time time, to take such action as the Underwriters Representatives may reasonably request to qualify the Securities for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Representatives may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, corporation or to file a general consent to service of process in any jurisdiction or to become subject itself to taxation in respect of doing business in any jurisdiction in which it is not otherwise so subject;; and
(ch) For the period specified in the Terms Agreement, to furnish to not (A) in the Underwriters such number event of conformed copies an offering of common stock, preferred stock or convertible debt securities, directly or indirectly, offer for sale, sell, grant any option for the sale of, or otherwise dispose of, any securities that are of the Registration Statementsame or similar class as the Securities or any common stock or any security exchangeable for, as originally filed and each amendment thereto or convertible into, common stock (excluding exhibits other than this the Securities and shares issued pursuant to (i) agreements in effect on the date of the Terms Agreement and (ii) employee benefit plans, qualified stock option plans or other employee compensation plans existing on the date of such Terms Agreement), without, in any Preliminary Prospectuscase, the Final Term Sheet and any other Issuer Free Writing Prospectusprior written consent of a majority of the Representatives; provided, however, the Prospectus Company may, without such consent, offer and all amendments and supplements to any sell shares of such documents (including any document filed under common stock of the Exchange Act and deemed to be incorporated by reference Company in transactions exempt from the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) registration requirements of the Securities Act) is required to be delivered under , provided that the Securities Actpurchasers in such transactions are prohibited from offering for sale, to comply with all requirements imposed upon it by the Securities Actselling or otherwise disposing of, as from time to time in forcedirectly or indirectly, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense shares of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders common stock of the Company as soon as practicable, but in any event not later than eighteen months after so acquired by them for the effective date remainder of the Registration Statement period, if any, specified in the Terms, Agreement and, (as defined B) in Rule 158(c) under the Securities Act)event of an offering of Debt Insecurities, an earnings statement of the Company and its subsidiaries (which need not offer for sale, sell or cause to be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries offered for sale or other affiliates over which it exercises management or voting control, nor any person acting on their behalf willsold, without the prior written consent of a majority of the Representatives, offer, sell, contract to sell or otherwise dispose of any debt securities that which are substantially similar to the Securities.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.
Appears in 1 contract
Samples: Underwriting Agreement (Aon Corp)
Further Agreements of the Company. The Company covenants and agrees with the Underwriterseach Underwriter that:
(a) to prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and The Company will file the Final Term Sheet pursuant to Rule 433(d) of final Prospectus Supplement with the Securities Act Commission within the time period prescribed periods specified by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, pursuant to Rule 424(b) and Rule 430A, 430B or 430C under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or will file any supplement Issuer Free Writing Prospectus to the Registration Statement or Prospectus as amended or supplemented after extent required by Rule 433 under the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofSecurities Act; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to will file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, the Shares; and during such same period to advise the Underwriters, promptly after it receives notice thereof, will furnish copies of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus or any each Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating (to the Securities or suspending any such qualification, to promptly use its best efforts to obtain the withdrawal of such order;
(bextent not previously delivered) promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; provided that in connection therewith the Company shall not be required to qualify as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
(c) to furnish to the Underwriters such number in New York City prior to 10:00 A.M., New York City time, on the business day next succeeding the date of conformed copies of the Registration Statement, as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other Issuer Free Writing Prospectus, the Prospectus and all amendments and supplements to any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus), in each case as soon as available and Agreement in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the The Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securities.
(g) to will pay the required Commission filing fees related to the Securities registration fee for this offering within the time period required by Rule 456(b)(1) under the Securities Act (without regard giving effect to the proviso therein) and in any event prior to the Closing Date.
(b) The Company will deliver, without charge, (i) to the Representatives, one signed copy of the Registration Statement as originally filed and each amendment thereto, in each case including all exhibits and consents filed therewith; and (ii) to each Underwriter (A) a conformed copy of the Registration Statement as originally filed and each amendment thereto (without exhibits) and (B) during the Prospectus Delivery Period (as defined below), as many copies of the Prospectus (including all amendments and supplements thereto and documents incorporated by reference therein and otherwise each Issuer Free Writing Prospectus) as the Representatives may reasonably request. As used herein, the term “Prospectus Delivery Period” means such period of time after the first date of the public offering of the Shares as in accordance with Rules 456(b) and 457(r) the opinion of counsel for the Underwriters a prospectus relating to the Shares is required by law to be delivered (or required to be delivered but for Rule 172 under the Securities Act;
(h) to apply the net proceeds from the sale in connection with sales of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly Shares by any Underwriter or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securitiesdealer.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the several Underwriters:
(a) to To prepare the Final Term SheetRule 462(b) Registration Statement, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectusif necessary, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters Representative and file such Rule 462(b) Registration Statement with the Commission by 10:00 P.M., New York time, on the date hereof, and the Company shall at the time of filing either pay to the Commission the filing fee for the Rule 462(b) Registration Statement or give irrevocable instructions for the payment of such fee pursuant to Rule 111(b) under the Rules and Regulations; to prepare the Prospectus in a form approved by the Representative containing information previously omitted at the time of effectiveness of the Registration Statement in reliance on Rules 430A of the Rules and Regulations and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under of the Securities ActRules and Regulations not later than the second (2nd) business day following the execution and delivery of this Agreement or, within if applicable, such earlier time as may be required by Rule 430A of the time period prescribed by such RuleRules and Regulations; to notify the Representative immediately of the Company’s intention to file or prepare any supplement or amendment to any Registration Statement or to the Prospectus and to make no further amendment or any supplement to the Registration Statement Statement, the General Disclosure Package or Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing Date Prospectus to which the Representative shall be disapproved reasonably object by notice to the Underwriters promptly Company after a reasonable notice thereofperiod to review; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersRepresentative, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and General Disclosure Package or the Prospectus or any amended Prospectus or any Issuer Free Writing Prospectus or any Written Testing-the-Waters Communication has been filed and to furnish the Underwriters with copies thereof; to file promptly all material required to be filed by the Company with the CommissionCommission pursuant to Rules 433(d) or 163(b)(2) of the Rules and Regulations, as the case may be; to advise the Representative, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or Preliminary Prospectus, any Issuer Free Writing Prospectus, the Prospectus or any Written Testing-the-Waters Communication, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus General Disclosure Package or any Issuer Free Writing the Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus, any Issuer Free Writing Prospectus or the Securities Prospectus or suspending any such qualification, and promptly to promptly use its best efforts to obtain the withdrawal of such order;.
(b) The Company will promptly from notify the Representative if the Company ceases to be an Emerging Growth Company at any time prior to time to take such action as the Underwriters may reasonably request to qualify later of (i) the completion of the distribution of the Firm Stock within the meaning of the Securities for offer Act and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale (ii) completion of the Securities; provided that in connection therewith the Company shall not be required to qualify Lock-Up Period (as a foreign corporation, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;defined below).
(c) If at any time following the distribution of any Written Testing-the-Waters Communication there occurred or occurs an event or development as a result of which such Written Testing-the-Waters Communication included or would include an untrue statement of a material fact or omitted or would omit to furnish state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances existing at that subsequent time, not misleading, the Company will promptly notify the Representative and will promptly amend or supplement, at its own expense, such Written Testing-the-Waters Communication to eliminate or correct such untrue statement or omission.
(d) The Company represents and agrees that, unless it obtains the prior written consent of the Representative, and each Underwriter represents and agrees that, unless it obtains the prior consent of the Company and the Representative, it has not made and will not, make any offer relating to the Underwriters such number of conformed copies Stock that would constitute a “free writing prospectus” as defined in Rule 405 of the Registration StatementRules and Regulations (each, a “Permitted Free Writing Prospectus”); provided, however, that the prior written consent of the Representative hereto shall be deemed to have been given in respect of the Issuer Free Writing Prospectuses included in Schedule B hereto. The Company represents that it has treated and agrees that it will treat each Permitted Free Writing Prospectus as originally filed and each amendment thereto (excluding exhibits other than this Agreement), any Preliminary Prospectus, the Final Term Sheet and any other an Issuer Free Writing Prospectus, comply with the Prospectus requirements of Rules 164 and all amendments 433 of the Rules and supplements Regulations applicable to any Issuer Free Writing Prospectus, including the requirements relating to timely filing with the Commission, legending and record keeping, and will not take any action that would result in an Underwriter or the Company being required to file with the Commission pursuant to Rule 433(d) of the Rules and Regulations a free writing prospectus prepared by or on behalf of such documents Underwriter that such Underwriter otherwise would not have been required to file thereunder. The Company will satisfy the condition in Rule 433 of the Rules and Regulations to avoid a requirement to file with the Commission any electronic road show.
(including e) If at any document filed under time prior to the Exchange Act and deemed to be incorporated by reference in expiration of nine (9) months after the later of (i) the latest effective date of the Registration Statement, any Preliminary Prospectus Statement or (ii) the date of the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus when a prospectus relating to the Securities Stock is required to be delivered (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities ActRules and Regulations) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs or condition exists as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an any untrue statement of a material fact fact, or omit to state a any material fact necessary to make the statements therein, in light of the circumstances under which they were made when the Prospectus is delivered (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations), not misleading, or if it is necessary at any time to amend or supplement the Registration Statement or the Prospectus to comply with the Securities Act, that the Company will promptly notify the Representative thereof and upon their request will prepare an appropriate amendment or supplement in form and substance satisfactory to the Representative which will correct such statement or omission or effect such compliance and will use its reasonable best efforts to have any amendment to any Registration Statement declared effective as soon as possible. The Company will furnish without charge to each Underwriter and to any dealer in securities as many copies as the Representative may from time to time reasonably request of such amendment or supplement. In case any Underwriter is required to deliver a prospectus (or in lieu thereof, the notice referred to in Rule 173(a) of the Rules and Regulations) relating to the Stock nine (9) months or more after the later of (i) the latest effective date of the Registration Statement or (ii) the date of the Prospectus, the Company upon the request of the Representative, will prepare promptly an amended or supplemented Prospectus as may be necessary to permit compliance with the requirements of Section 10(a)(3) of the Securities Act and deliver to such Underwriter as many copies as such Underwriter may request of such amended or supplemented Prospectus complying with Section 10(a)(3) of the Securities Act.
(f) If the General Disclosure Package is being used to solicit offers to buy the Stock at a time when the Prospectus is not yet available to prospective purchasers and any event shall occur as a result of which, in the judgment of the Company or in the reasonable opinion of the Underwriters, it becomes necessary to amend or supplement the General Disclosure Package in order to make the statements therein, in the light of the circumstances then existingprevailing, not misleading, or to make the statements therein not conflict with the information contained in the Registration Statement then on file and not superseded or modified, or if during such period it is necessary at any time to amend the Registration Statement or amend or supplement the General Disclosure Package or the Prospectus or file any document to comply with any law, the Securities ActCompany promptly will prepare, file with the Commission (if required) and furnish to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file Underwriters and any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such dealers an appropriate amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the SecuritiesGeneral Disclosure Package.
(g) If at any time following issuance of an Issuer Free Writing Prospectus there occurred or occurs an event or development as a result of which such Issuer Free Writing Prospectus conflicted or will conflict with the information contained in the Registration Statement, Pricing Prospectus or Prospectus and not superseded or modified or included or would include an untrue statement of a material fact or omitted or would omit to pay state a material fact required to be stated therein or necessary in order to make the required Commission filing fees related statements therein, in the light of the circumstances prevailing at the subsequent time, not misleading, the Company has promptly notified or will promptly notify the Representative so that any use of the Issuer Free Writing Prospectus may cease until it is amended or supplemented and has promptly amended or will promptly amend or supplement, at its own expense, such Issuer Free Writing Prospectus to eliminate or correct such conflict, untrue statement or omission. The foregoing sentence does not apply to statements in or omissions from any Issuer Free Writing Prospectus in reliance upon, and in conformity with, written information furnished to the Securities within Company through the time period required Representative by Rule 456(b)(1) under or on behalf of any Underwriter specifically for inclusion therein, which information the Securities Act without regard parties hereto agree is limited to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;Underwriters’ Information.
(h) to apply To the net proceeds from extent not available on the sale Commission’s Electronic Data Gathering, Analysis and Retrieval system or any successor system (“XXXXX”), upon the request of the Securities Representative, to furnish promptly to the Representative and to counsel for the Underwriters a signed copy of each of the Registration Statements as described in originally filed with the Disclosure Package Commission, and of each amendment thereto filed with the Prospectus under the heading “Use of Proceeds”; andCommission, including all consents and exhibits filed therewith.
(i) not To deliver promptly to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result the Representative in any stabilization or manipulation New York such number of the price following documents as the Representative shall reasonably request: (i) conformed copies of the Securities.Registration Statements as originally filed with the Commission (in each case excluding exhibits); (ii) each Preliminary Prospectus; (iii) any Issuer Free Writing Prospectus;
Appears in 1 contract
Samples: Underwriting Agreement (Novan, Inc.)
Further Agreements of the Company. The Company covenants and agrees with the UnderwritersUnderwriter that:
(a) to prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and The Company will file the Final Term Sheet pursuant to Rule 433(d) of final Prospectus with the Securities Act Commission within the time period prescribed periods specified by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities in a form approved by the Underwriters and to file or cause to be filed with the Commission such Prospectus, pursuant to Rule 424(b) and Rule 430A, 430B or 430C under the Securities Act, within the time period prescribed by such Rule; to make no further amendment or will file any supplement Issuer Free Writing Prospectus to the Registration Statement or Prospectus as amended or supplemented after extent required by Rule 433 under the date of this Agreement and prior to the Closing Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofSecurities Act; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to will file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, the Offered ADSs; and during such same period to advise the Underwriters, promptly after it receives notice thereof, will furnish copies of the time when any amendment to the Registration Statement has been filed or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, the Prospectus or any each Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating (to the Securities extent not previously delivered) to the Underwriter in New York City prior to 10:00 A.M., New York City time, on or suspending any before the business day next succeeding the date of this Agreement in such qualification, to promptly use its best efforts to obtain quantities as the withdrawal of such order;Underwriter may reasonably request.
(b) promptly from time to time to take such action as the Underwriters may reasonably request to qualify the Securities for offer and sale under the securities laws of such jurisdictions as the Underwriters may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale of the Securities; provided that in connection therewith the The Company shall not be required to qualify as a foreign corporationwill deliver, to file a general consent to service of process in any jurisdiction or to become subject to taxation in any jurisdiction in which it is not otherwise subject;
without charge, (ci) to furnish to the Underwriters such number of conformed Underwriter, three copies of the Registration StatementStatement and each ADS Registration Statement as originally filed and each amendment thereto, in each case including all exhibits and consents filed therewith; and (ii) to the Underwriter (A) a conformed copy of the Registration Statement and each ADS Registration Statement as originally filed and each amendment thereto (excluding exhibits other than this Agreementwithout exhibits) and (B) during the Prospectus Delivery Period (as defined below), any Preliminary Prospectus, as many copies of the Final Term Sheet Prospectus (including all amendments and any other supplements thereto and documents incorporated by reference therein and each Issuer Free Writing Prospectus) as the Underwriter may reasonably request. As used herein, the term “Prospectus and all amendments and supplements to any Delivery Period” means such period of such documents (including any document filed under time after the Exchange Act and deemed to be incorporated by reference first date of the public offering of the Offered ADSs as in the Registration Statement, any Preliminary Prospectus or opinion of counsel for the Prospectus), in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus Underwriter a prospectus relating to the Securities Offered ADSs is required by law to be delivered (or in lieu thereof, the notice referred required to in be delivered but for Rule 173(a) of 172 under the Securities Act) is required to be delivered under in connection with sales of the Securities Act, to comply with all requirements imposed upon it Offered ADSs by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of Underwriter or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any securities that are substantially similar to the Securitiesdealer.
(g) to pay the required Commission filing fees related to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard to the proviso therein and otherwise in accordance with Rules 456(b) and 457(r) under the Securities Act;
(h) to apply the net proceeds from the sale of the Securities as described in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.
Appears in 1 contract
Further Agreements of the Company. The Company agrees with the Underwritersagrees:
(a) to To prepare the Final Term Sheet, substantially in the form of Schedule 3 hereto and approved by the Representatives and file the Final Term Sheet pursuant to Rule 433(d) of the Securities Act within the time period prescribed by such Rule; to prepare the Prospectus, as amended or supplemented, in relation to the Securities Prospectus in a form approved by the Underwriters Representative and to file or cause to be filed with the Commission such Prospectus, Prospectus pursuant to Rule 424(b) under the Securities Act, within Act not later than Commission's close of business on the time period prescribed by such Rulesecond business day following the execution and delivery of this Agreement; to make no further amendment or any supplement to the Registration Statement or to the Prospectus as amended or supplemented after the date of this Agreement and prior to the Closing last Delivery Date which shall be disapproved by the Underwriters promptly after reasonable notice thereofexcept as permitted herein; to advise the Underwriters promptly of any such amendment or supplement after such Closing Date and furnish the Underwriters with copies thereof and to file promptly all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act for so long as the delivery of a prospectus is required in connection with the offering or sale of such Securities, and during such same period to advise the UnderwritersRepresentative, promptly after it receives notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the most recent Preliminary Prospectus and the Prospectus or any amended Prospectus has been filed and to furnish the Representative with copies thereof; to advise the CommissionRepresentative, promptly after it receives notice thereof, of the issuance by the Commission of any stop order or of any order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities or any Issuer Free Writing Prospectus, of the suspension of the qualification of such Securities the Stock for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the Registration Statement, any Preliminary Prospectus, Statement or the Prospectus or any Issuer Free Writing Prospectus or for additional information; and, in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus relating to Preliminary Prospectus or the Securities Prospectus or suspending any such qualification, to use promptly use its best efforts to obtain the withdrawal of such orderits withdrawal;
(b) To furnish promptly to the Representative and to counsel for the Underwriters a signed copy of the Registration Statement as originally filed with the Commission, and each amendment thereto filed with the Commission, including all consents and exhibits filed therewith;
(c) To deliver promptly to the Representative such number of the following documents as the Representative shall reasonably request: (i) conformed copies of the Registration Statement as originally filed with the Commission and each amendment thereto (in each case excluding exhibits other than this Agreement and the computation of per share earnings) and (ii) each Preliminary Prospectus, the Prospectus and any amended or supplemented Prospectus; and, if the delivery of a prospectus is required at any time after the Effective Time in connection with the offering or sale of the Stock or any other securities relating thereto and if at such time any events shall have occurred as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made when such Prospectus is delivered, not misleading, or, if for any other reason it shall be necessary to amend or supplement the Prospectus in order to comply with the Securities Act, to notify the Representative and, upon its request, to prepare and furnish without charge to each Underwriter and to any dealer in securities as many copies as the Representative may from time to time reasonably request of an amended or supplemented Prospectus that will correct such statement or omission or effect such compliance;
(d) To file promptly with the Commission any amendment to the Registration Statement or the Prospectus or any supplement to the Prospectus that may, in the judgment of the Company or the Representative, be required by the Securities Act or requested by the Commission;
(e) Prior to filing with the Commission any amendment to the Registration Statement or supplement to the Prospectus or any Prospectus pursuant to Rule 424(b) of the Rules and Regulations, to furnish a copy thereof to the Representative and counsel for the Underwriters and obtain the consent of the Representative to the filing;
(f) As soon as practicable after the Effective Date (it being understood that the Company shall have until at least 405 days or, if the fourth quarter following the fiscal quarter that includes the Effective Date is the last fiscal quarter of the Company's fiscal year, 425 days after the end of the Company's current fiscal quarter), to make generally available to the Company's security holders and to deliver to the Representative an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act and the Rules and Regulations (including, at the option of the Company, Rule 158);
(g) Promptly from time to time to take such action as the Underwriters Representative may reasonably request to qualify the Securities Stock for offer offering and sale under the securities laws of such jurisdictions as the Underwriters Representative may reasonably request and to comply with such laws so as to permit the continuance of sales and dealings therein in such jurisdictions for as long as may be necessary to complete the issuance and sale distribution of the SecuritiesStock; provided that in connection therewith the Company shall not be required to (i) qualify as a foreign corporationcorporation in any jurisdiction in which it would not otherwise be required to so qualify, to (ii) file a general consent to service of process in any such jurisdiction or to become (iii) subject itself to taxation in any jurisdiction in which it is would not otherwise be subject;
(ch) to furnish to For a period of 180 days from the Underwriters such number of conformed copies date of the Registration StatementProspectus (the "Lock-Up Period"), as originally filed and each amendment thereto not to, directly or indirectly, (excluding exhibits 1) offer for sale, sell, pledge or otherwise dispose of (or enter into any transaction or device that is designed to, or could be expected to, result in the disposition by any person at any time in the future of) any shares of Common Stock or securities convertible into or exchangeable for Common Stock (other than this Agreementthe Stock and shares issued pursuant to employee benefit plans, qualified stock option plans or other employee compensation plans existing on the date hereof or pursuant to currently outstanding options, warrants or rights), or sell or grant options, rights or warrants with respect to any Preliminary Prospectusshares of Common Stock or securities convertible into or exchangeable for Common Stock (other than the grant of options pursuant to option plans existing on the date hereof), (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the Final Term Sheet and economic benefits or risks of ownership of such shares of Common Stock, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of Common Stock or other securities, in cash or otherwise, (3) file or cause to be filed a registration statement with respect to any shares of Common Stock or securities convertible, exercisable or exchangeable into Common Stock or any other Issuer Free Writing Prospectus, securities of the Prospectus and all amendments and supplements Company or (4) publicly disclose the intention to do any of such documents (including any document filed under the Exchange Act and deemed to be incorporated by reference in the Registration Statement, any Preliminary Prospectus or the Prospectus)foregoing, in each case as soon as available and in such quantities as the Representatives may from time to time reasonably request;
(d) during the period in which the Prospectus relating to the Securities (or in lieu thereof, the notice referred to in Rule 173(a) of the Securities Act) is required to be delivered under the Securities Act, to comply with all requirements imposed upon it by the Securities Act, as from time to time in force, so far as is necessary to permit the continuance of sales of or dealings in the Securities as contemplated by the provisions of this Agreement and by the most recent Preliminary Prospectus and the Prospectus. If during such period any event occurs as a result of which the Disclosure Package or the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend the Registration Statement or amend or supplement the Disclosure Package or the Prospectus or file any document to comply with the Securities Act, to promptly notify the Representatives and, subject to Section 4(a) hereof, amend the Registration Statement, amend or supplement the Disclosure Package or the Prospectus, as the case may be, or file any document (in each case, at the expense of the Company) so as to correct such statement or omission or to effect such compliance, and to furnish without charge to each Underwriter as many written and electronic copies of any such amendment or supplement as the Representatives may from time to time reasonably request;
(e) to make generally available to security-holders of the Company as soon as practicable, but in any event not later than eighteen months after the effective date of the Registration Statement (as defined in Rule 158(c) under the Securities Act), an earnings statement of the Company and its subsidiaries (which need not be audited) complying with Section 11(a) of the Securities Act (including, at the option of the Company, Rule 158 thereunder);
(f) between the date of this Agreement and the Closing Date, neither the Company, nor any of its subsidiaries or other affiliates over which it exercises management or voting control, nor any person acting on their behalf will, without the prior written consent of the RepresentativesRepresentative, offer, sell, contract to sell or otherwise dispose on behalf of any securities that are substantially similar the Underwriters (the lock-up applicable to the Securities.
(g) Company as described in this paragraph being the "Company Lock-Up"), and to pay cause each officer and director of the required Commission filing fees related Company set forth on Schedule 3 hereto to furnish to the Securities within the time period required by Rule 456(b)(1) under the Securities Act without regard Representative, prior to the proviso therein and otherwise Initial Delivery Date, a letter or letters, substantially in accordance with Rules 456(bthe form of Exhibit A hereto (the "Lock-Up Agreements"); provided, however, that the Company Lock-Up shall not apply to private unregistered issuances by the Company of shares of the Company's Common Stock or other capital stock as consideration in an acquisition of the assets or capital stock of a company or business; Notwithstanding the foregoing paragraph, if (1) and 457(rduring the last 17 days of the Lock-Up Period, the Company issues an earnings release or material news or a material event relating to the Company occurs or (2) under prior to the Securities Actexpiration of the Lock-Up Period, the Company announces that it will release earnings results during the 16-day period beginning on the last day of the Lock-Up Period, then the restrictions imposed in the preceding paragraph shall continue to apply until the expiration of the 18-day period beginning on the issuance of the earnings release or the announcement of the material news or the occurrence of the material event, unless the Representative, on behalf of the Underwriters, waives such extension in writing;
(hi) to To apply the net proceeds from the sale of the Securities Stock being sold by the Company as described set forth in the Disclosure Package and the Prospectus under the heading “Use of Proceeds”; and
(i) not to take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities.Prospectus;
Appears in 1 contract
Samples: Underwriting Agreement (Cogent Communications Group Inc)