Issuer. The Issuer hereby represents and warrants the following: 6.1.1. The Issuer will reserve for issuance sufficient shares of authorized but unissued Common Stock for the issuance of the Conversion Shares. 6.1.2. All funds advanced to Issuer by BlueCrest constituting the Debt have been fully rendered for legitimate business purposes. 6.1.3. Upon conversion at any time following the date hereof, the shares converted in accordance with this Agreement shall be issued unrestricted pursuant to exemptions provided under Rule 144, Regulation D, and/or other available exemptions.
Appears in 7 contracts
Samples: Partial Assignment and Modification Agreement (Bioheart, Inc.), Partial Assignment and Modification Agreement (Bioheart, Inc.), Partial Assignment and Modification Agreement (Bioheart, Inc.)
Issuer. The Issuer hereby represents and warrants the following:
6.1.15.1.1. The Issuer will reserve for issuance sufficient shares of authorized but unissued Common Stock for the issuance of the Conversion Shares.
6.1.25.1.2. All funds advanced to Issuer by BlueCrest the Affiliate and all services rendered by the Affiliate constituting the Debt have been fully rendered for legitimate business purposes.
6.1.35.1.3. Upon conversion at any time following the date hereof, the shares converted in accordance with this Agreement shall be issued unrestricted pursuant to exemptions provided under Rule 144, Regulation D, and/or other available exemptions.
Appears in 1 contract
Samples: Wrap Around Agreement (Camelot Entertainment Group, Inc.)
