Insider Sales Sample Clauses

Insider Sales. To the knowledge of the Company, no insider (as such term is defined in Securities Laws) of the Company has a present intention to sell any securities of the Company held by it.
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Insider Sales. The Company shall cause its officers, insiders, directors, and affiliates or other related parties under control of the Company, to refrain from selling or otherwise disposing any Common Stock in the open market, while there is an outstanding balance on the Debenture. Failure to do so will result in an Event of Default Remedies pursuant to Article 6 can be taken by the Holder.
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Insider Sales. On the Closing Date, the Insider Private Placement, the Unit Private Placement and the Registered Unit Sale shall have been completed in accordance with Sections 1.5 and 3.26 of this Agreement.
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Insider Sales. 28 7.3 Press Releases................................................... 29 7.4 Form S-8 or any Similar Form..................................... 29 7.5
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Insider Sales. During the four year period following the Effective Date, the Representative shall have the right to purchase for the Representative's account or to sell for the account of the Insiders any securities sold on any United States securities market or exchange, including, but not limited to, open market sales or sales pursuant to Rule 144 under the Act. Each of the Insiders will agree to consult with the Representative with regard to any such sales and will offer the Representative the exclusive opportunity to purchase or sell such securities on terms at least as favorable to the Insiders as they can secure elsewhere. If the Representative fails to accept in writing any such proposal for sale by the Insiders within one business day after receipt of a notice containing such proposal, then the Representative shall have no claim or right with respect to any such sales contained in any such notice. If, thereafter, such proposal is modified in any material respect, the Insiders shall adopt the same procedures as with respect to the original proposal.
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Insider Sales. During the five year period following the Effective Date, the Representative shall have the right to purchase for the Representative's account or to sell for the account of the insiders set forth on Schedule 7.2 hereto ("Insiders") any securities sold on any United States securities market or exchange, including, but not limited to, open market sales or sales pursuant to Rule 144 under the Act. Each of the Insiders will agree to consult with the Representative with regard to any such sales and will offer the Representative the exclusive opportunity to purchase or sell such securities on terms at least as favorable to the Insiders as they can secure elsewhere. If the Representative fails to accept in writing any such proposal for sale by the Insiders within one business day after receipt of a notice containing such proposal, then the Representative shall have no claim or right with respect to any such sales contained in any such notice. If, thereafter, such proposal is modified in any material respect, the Insiders shall adopt the same procedures as with respect to the original proposal. 7.3
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Insider Sales. Sales of Units pursuant to sales contracts with parties affiliated with or employed by Borrower or any of its Subsidiaries or Affiliates. INSTALLMENT AMOUNT. See Section 4.11.1 of this Agreement.
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Related to Insider Sales

  • Rule 144 Sales (a) The Company covenants that it will file the reports required to be filed by the Company under the Securities Act and the Exchange Act, so as to enable any Holder to sell Registrable Securities pursuant to Rule 144 under the Securities Act.

  • Initial Public Offering The Company’s first public offering of Equity Shares pursuant to an effective registration statement filed under the Securities Act of 1933, as amended.

  • Shelf Takedown At any time and from time to time following the effectiveness of the shelf registration statement required by subsection 2.1.1 or 2.1.2, any Holder(s) may request to sell all or a portion of their Registrable Securities in an Underwritten Offering that is registered pursuant to such shelf registration statement (a “Shelf Underwritten Offering”) provided that such Holder(s) (a) reasonably expect aggregate gross proceeds in excess of $50,000,000 from such Shelf Underwritten Offering or (b) reasonably expects to sell all of the Registrable Securities held by such Holder in such Shelf Underwritten Offering but in no event for less than $10,000,000 in aggregate gross proceeds. All requests for a Shelf Underwritten Offering shall be made by giving written notice to the Company (the “Shelf Takedown Notice”). Each Shelf Takedown Notice shall specify the approximate number of Registrable Securities proposed to be sold in the Shelf Underwritten Offering and the expected price range (net of underwriting discounts and commissions) of such Shelf Underwritten Offering. Within five (5) business days after receipt of any Shelf Takedown Notice, the Company shall give written notice of such requested Shelf Underwritten Offering to all other Holders of Registrable Securities (the “Company Shelf Takedown Notice”) and, subject to reductions consistent with the Pro Rata calculations in subsection 2.2.4, shall include in such Shelf Underwritten Offering all Registrable Securities with respect to which the Company has received written requests for inclusion therein, within five (5) days after sending the Company Shelf Takedown Notice. The Company shall enter into an underwriting agreement in a form as is customary in Underwritten Offerings of securities by the Company with the managing Underwriter or Underwriters selected by the initiating Holder(s) after consultation with the Company and shall take all such other reasonable actions as are requested by the managing Underwriter or Underwriters in order to expedite or facilitate the disposition of such Registrable Securities. In connection with any Shelf Underwritten Offering contemplated by this subsection 2.1.3, subject to Section 3.4 and Article IV, the underwriting agreement into which each Holder and the Company shall enter shall contain such representations, covenants, indemnities and other rights and obligations of the Company and the selling stockholders as are customary in Underwritten Offerings of securities by the Company.

  • Term Sales If the Company wishes to sell the Shares pursuant to this Agreement in a manner other than as set forth in Section 2(b) of this Agreement (each, a “Placement”), the Company will notify the Manager of the proposed terms of such Placement. If the Manager, acting as principal, wishes to accept such proposed terms (which it may decline to do for any reason in its sole discretion) or, following discussions with the Company wishes to accept amended terms, the Manager and the Company will enter into a Terms Agreement setting forth the terms of such Placement. The terms set forth in a Terms Agreement will not be binding on the Company or the Manager unless and until the Company and the Manager have each executed such Terms Agreement accepting all of the terms of such Terms Agreement. In the event of a conflict between the terms of this Agreement and the terms of a Terms Agreement, the terms of such Terms Agreement will control. A Terms Agreement may also specify certain provisions relating to the reoffering of such Shares by the Manager. The commitment of the Manager to purchase the Shares pursuant to any Terms Agreement shall be deemed to have been made on the basis of the representations and warranties of the Company herein contained and shall be subject to the terms and conditions herein set forth. Each Terms Agreement shall specify the number of the Shares to be purchased by the Manager pursuant thereto, the price to be paid to the Company for such Shares, any provisions relating to rights of, and default by, underwriters acting together with the Manager in the reoffering of the Shares, and the time and date (each such time and date being referred to herein as a “Time of Delivery”) and place of delivery of and payment for such Shares. Such Terms Agreement shall also specify any requirements for opinions of counsel, accountants’ letters and officers’ certificates pursuant to Section 6 of this Agreement and any other information or documents required by the Manager.

  • Separate Sales The Mortgaged Property may be sold in one or more parcels and in such manner and order as Mortgagee in its sole discretion may elect; the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales.

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