Listing of Class A Common Stock. The Company shall maintain the listing of the Class A Common Stock on a Principal Trading Facility, and as soon as practicable (but in any event prior to the commencement of the Commitment Period) will cause the Put Shares and any Blackout Shares to be listed on the Principal Trading Facility. The Company further shall, if the Company applies to have the Class A Common Stock traded on any other Principal Trading Facility, include in such application the Put Shares and any Blackout Shares, and shall take such other action as is necessary or desirable in the opinion of the Investor to cause the Class A Common Stock to be listed on such other Principal Trading Facility as promptly as possible. The Company shall use commercially reasonable efforts to continue the listing and trading of its Class A Common Stock on the Principal Trading Facility (including, without limitation, maintaining sufficient net tangible assets) and will comply in all respects with the applicable reporting, filing and other obligations under the bylaws or rules of the NASD and the Principal Trading Facility.
Appears in 8 contracts
Samples: Private Equity Line Agreement (Fonix Corp), Seventh Private Equity Line Agreement (Fonix Corp), Fourth Private Equity Line Agreement (Fonix Corp)
