Listing of Underlying Shares. The Company will use its best efforts to list the Common Stock for trading on the Nasdaq SmallCap Market or Nasdaq National Market as soon as possible after the Closing Date. If the Common Stock hereafter is listed for trading on the Nasdaq National Market, Nasdaq SmallCap Market (or on the American Stock Exchange or New York Stock Exchange, or any other national securities market or exchange), then the Company shall (1) take all necessary steps to list the Underlying Shares thereon, including the preparation of any required additional listing application therefor covering at least the sum of (i) two times the number of Underlying Shares as would be issuable upon a conversion in full of the then outstanding principal amount of Debentures (plus all Underlying Shares are issuable as payment of interest thereon, assuming all such interest were paid in shares of Common Stock) and upon exercise in full of the then unexercised portion of the Warrants and (2) provide to the Purchaser evidence of such listing, and the Company shall thereafter maintain the listing of its Common Stock on such exchange or market as long as Underlying Shares are issuable and/or outstanding.
Appears in 5 contracts
Samples: Convertible Debenture Purchase Agreement (JNC Opportunity Fund LTD), Convertible Debenture Purchase Agreement (Eurotech LTD), Convertible Debenture Purchase Agreement (Eurotech LTD)
Listing of Underlying Shares. The Company will use its best efforts to list the Common Stock for trading on the Nasdaq SmallCap Market or Nasdaq National Market as soon as possible after the Closing Date. If the Common Stock hereafter is listed for trading on the Nasdaq National Market, Nasdaq SmallCap Market (or on the American Stock Exchange or New York Stock Exchange, or any other national securities market or exchange), then the Company shall (1) take all necessary steps to list the Underlying Shares thereon, including the preparation of any required additional listing application applications therefor covering at least the sum of (i) two times the number of Underlying Shares as would be issuable upon a conversion in full of the then outstanding principal amount of Debentures (plus all Underlying Shares are issuable as payment of interest thereon, assuming all such interest were paid in shares of Common Stock) and upon exercise in full of the then unexercised portion of the Warrants and (2) provide to the Purchaser evidence of such listing, and the Company shall thereafter maintain the listing of its Common Stock on such exchange or market as long as Underlying Underling Shares are issuable and/or outstanding.
Appears in 2 contracts
Samples: Convertible Debenture Purchase Agreement (Innovacom Inc), Convertible Debenture Purchase Agreement (Innovacom Inc)
Listing of Underlying Shares. The Company will use its best efforts to list the Common Stock for trading on the Nasdaq SmallCap Market or Nasdaq National Market as soon as possible after the Closing Date. If the Common Stock hereafter is listed for trading on the Nasdaq National Market, Nasdaq SmallCap Market (or on the American Stock Exchange or New York Stock Exchange, or any other national securities market or exchange), then the Company shall (1) take all necessary steps to list the Underlying Shares thereon, including the preparation of any required additional listing application therefor covering at least the sum of (i) two times the number of Underlying Shares as would be issuable upon a conversion in full of the then outstanding principal amount of Debentures (plus all Underlying Shares are issuable as payment of interest thereon, assuming all such interest were paid in shares of Common Stock) and upon exercise in full of the then unexercised portion of the Warrants and (2) provide to the Purchaser Purchasers evidence of such listing, and the Company shall thereafter maintain the listing of its Common Stock on such exchange or market as long as Underlying Shares are issuable and/or outstanding.
Appears in 2 contracts
Samples: Convertible Debenture Purchase Agreement (JNC Opportunity Fund LTD), Convertible Debenture Purchase Agreement (Eurotech LTD)