Common use of Limitations on the Black Out Period Clause in Contracts

Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 25 contracts

Samples: Standby Equity Purchase Agreement (Coeptis Therapeutics Holdings, Inc.), Standby Equity Purchase Agreement (Inception Growth Acquisition LTD), Standby Equity Purchase Agreement (SaverOne 2014 Ltd.)

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Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 60 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 25 contracts

Samples: Purchase Agreement (Scienture Holdings, Inc.), Purchase Agreement (Kairos Pharma, LTD.), Purchase Agreement (Crown LNG Holdings LTD)

Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 20 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 17 contracts

Samples: Standby Equity Purchase Agreement (Armlogi Holding Corp.), Standby Equity Purchase Agreement (Atlantic Coastal Acquisition Corp. II), Standby Equity Purchase Agreement (Envirotech Vehicles, Inc.)

Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 45 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 13 contracts

Samples: Standby Equity Purchase Agreement (TriSalus Life Sciences, Inc.), Standby Equity Purchase Agreement (Scilex Holding Co), Standby Equity Purchase Agreement (Scilex Holding Company/De)

Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 15 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 10 contracts

Samples: Standby Equity Purchase Agreement (Prairie Operating Co.), Standby Equity Purchase Agreement (REZOLVE AI LTD), Standby Equity Purchase Agreement (Intrusion Inc)

Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any the Advance Notice during any Black Out Period. If the public announcement of such any material, nonpublic non-public information is made during a Black Out Period, the Black Out Period shall terminate immediately two full Trading Days after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 6 contracts

Samples: Standby Equity Subscription Agreement (Antelope Enterprise Holdings LTD), Standby Equity Subscription Agreement (Antelope Enterprise Holdings LTD), Standby Equity Subscription Agreement (Antelope Enterprise Holdings LTD)

Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic non-public information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 5 contracts

Samples: Standby Equity Purchase Agreement (Energem Corp), Standby Equity Purchase Agreement (Pono Capital Corp), Standby Equity Purchase Agreement (Energem Corp)

Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 twenty (20) calendar days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 4 contracts

Samples: Standby Equity Purchase Agreement (NeuroSense Therapeutics Ltd.), Standby Equity Purchase Agreement (Galmed Pharmaceuticals Ltd.), Standby Equity Purchase Agreement (Wearable Devices Ltd.)

Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 90 consecutive days (or 120 days in any calendar year) or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 3 contracts

Samples: Equity Purchase Agreement (Vsee Health, Inc.), Equity Purchase Agreement (Digital Health Acquisition Corp.), Equity Purchase Agreement (Hub Cyber Security Ltd.)

Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 (i) 60 days, or (ii) if a Pre-Paid Advance is outstanding, 20 days (unless otherwise required by applicable laws), or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 2 contracts

Samples: Standby Equity Purchase Agreement (Lilium N.V.), Standby Equity Purchase Agreement (Lilium N.V.)

Limitations on the Black Out Period. The Company shall not impose any Black Out Period (a) that is longer than 30 20 days unless otherwise required by applicable laws; or (b) in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 2 contracts

Samples: Standby Equity Purchase Agreement (AGBA Group Holding Ltd.), Standby Equity Purchase Agreement (AGBA Group Holding Ltd.)

Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 60 consecutive days (or 90 days in any calendar year) or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 2 contracts

Samples: Standby Equity Purchase Agreement (ETAO International Co., Ltd.), Standby Equity Purchase Agreement (Twin Ridge Capital Acquisition Corp.)

Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 60 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 2 contracts

Samples: Purchase Agreement (Bloomios, Inc.), Purchase Agreement (Bloomios, Inc.)

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Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 20 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice and the Investor may not deliver an Investor Notice, in each case, during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 1 contract

Samples: Standby Equity Purchase Agreement (Envirotech Vehicles, Inc.)

Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 120 days in any 360 day period, or 90 consecutive days, or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 1 contract

Samples: Purchase Agreement (Focus Impact Acquisition Corp.)

Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 20 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate at 8:59 a.m. New York time on the Trading Day immediately after following such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 1 contract

Samples: Standby Equity Purchase Agreement (Applied Digital Corp.)

Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 10 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 1 contract

Samples: Standby Equity Purchase Agreement (Soluna Holdings, Inc)

Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 15 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Purchase Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 1 contract

Samples: Share Purchase Agreement (Direct Digital Holdings, Inc.)

Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 45 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice or Additional Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 1 contract

Samples: Standby Equity Purchase Agreement (Scilex Holding Co)

Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 20 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Purchase Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 1 contract

Samples: Share Purchase Agreement (Captivision Inc.)

Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 45 days or in a manner that is more restrictive (including, including without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officersofficers for so long as the Promissory Note remains outstanding. In addition, Neither the Company nor the Investor shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.

Appears in 1 contract

Samples: Standby Equity Purchase Agreement (Terawulf Inc.)

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