Limitation on Ownership. Immediately after the Initial Closing Date, the Investor, together with its Affiliates, if any, will not beneficially own twenty percent (20%) or more of the shares of Common Stock outstanding immediately prior to the Initial Closing Date.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Ediets Com Inc), Securities Purchase Agreement (Prides Capital Partners, LLC)
Limitation on Ownership. Immediately after the Initial Closing Date, the Investor, together with its Affiliatesaffiliates, if any, will not beneficially own twenty percent (20%) or more of the shares of Common Stock outstanding immediately prior to the Initial Closing Date.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Ediets Com Inc), Securities Purchase Agreement (Prides Capital Partners, LLC)
Limitation on Ownership. Immediately after the Initial Closing Date, the InvestorPurchaser, together with its Affiliates, if any, will not beneficially own twenty fifteen percent (2015%) or more of the shares of Common Stock outstanding immediately prior to the Initial Closing Date.
Appears in 1 contract
Samples: Securities Purchase Agreement (GTC Biotherapeutics Inc)
