Common use of MAXIMUM AMOUNT OF PUTS Clause in Contracts

MAXIMUM AMOUNT OF PUTS. Unless the Company obtains the requisite approval of its shareholders in accordance with the corporate laws of Delaware and the applicable rules of the Principal Market (unless a waiver is obtained therefrom), no more than 19.9% of the Outstanding shares of Common Stock may be issued and sold pursuant to Puts.

Appears in 3 contracts

Samples: Escrow Agreement (Cytogen Corp), Private Equity Line Agreement (Pixtech Inc /De/), Escrow Agreement (Cytogen Corp)

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MAXIMUM AMOUNT OF PUTS. Unless the Company obtains the requisite approval of its shareholders in accordance with the corporate laws of Delaware and the applicable rules of the Principal Market (unless a waiver is obtained therefrom)Market, no more than 19.9% of the Outstanding shares of Common Stock may be issued and sold pursuant to Puts.

Appears in 1 contract

Samples: Stock Purchase Agreement (Crescent International LTD)

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