Common use of MECHANICS OF DELIVERY OF CERTIFICATES REPRESENTING COMMON STOCK Clause in Contracts

MECHANICS OF DELIVERY OF CERTIFICATES REPRESENTING COMMON STOCK. In connection with any exchange of the Convertible Debentures or exercise of Warrant pursuant to which the Investor acquires Common Stock under the Agreement, the Transfer Agent is hereby instructed to deliver to the Investor, certificates representing Common Stock (with or without the Legend, as appropriate) within two (2) Trading Days of receipt by the Transfer Agent of a copy of the Notice of Conversion (in the case of the Convertible Debenture) or Notice of Exercise (in the case of the Warrant) from the Investor, and to deliver such certificates to the Investor, in the case of original issuance, and in the case of subsequent transfer, if the Transfer Agent is able to deliver such Common Stock to the Investor's account pursuant to the DWAC system of the Depository Trust Company, the Transfer Agent shall make delivery pursuant to such system and provide the Investor with confirmation thereof in lieu of such Common Stock certificates.

Appears in 2 contracts

Samples: Registration Rights Agreement (Calypte Biomedical Corp), Escrow Agreement (Calypte Biomedical Corp)

AutoNDA by SimpleDocs

MECHANICS OF DELIVERY OF CERTIFICATES REPRESENTING COMMON STOCK. In connection with any exchange of the Convertible Debentures or exercise of Warrant Warrants pursuant to which the Investor acquires Common Stock under the Agreement, the Transfer Agent is hereby instructed to deliver to the Investor, certificates representing Common Stock (with or without the Legend, as appropriate) within two (2) Trading Days of receipt by the Transfer Agent of a copy of the Notice of Conversion (in the case of the Convertible DebentureDebentures) or Notice of Exercise (in the case of the Warrant) from the Investor, and to deliver such certificates to the Investor, in the case of original issuance, and in the case of subsequent transfer, if the Transfer Agent is able to deliver such Common Stock to the Investor's account pursuant to the DWAC system of the Depository Trust Company, the Transfer Agent shall make delivery pursuant to such system and provide the Investor with confirmation thereof in lieu of such Common Stock certificates.

Appears in 2 contracts

Samples: Registration Rights Agreement (Famous Fixins Inc), And Warrants Purchase Agreement (Famous Fixins Inc)

MECHANICS OF DELIVERY OF CERTIFICATES REPRESENTING COMMON STOCK. In connection with any exchange of the Convertible Debentures or exercise of Warrant Warrants pursuant to which the Investor Lender acquires Common Stock under the Agreement, the Transfer Agent is hereby instructed to deliver to the InvestorLender, certificates representing Common Stock (with or without the Legend, as appropriate) within two (2) Trading Days of receipt by the Transfer Agent of a copy of the Notice of Conversion (in the case of the Convertible DebenturePreferred Stock) or Notice of Exercise (in the case of the Warrant) from the InvestorLender, and to deliver such certificates to the InvestorLender, in the case of original issuance, and in the case of subsequent transfer, if the Transfer Agent is able to deliver such Common Stock to the InvestorLender's account pursuant to the DWAC system of the Depository Trust Company, the Transfer Agent shall make delivery pursuant to such system and provide the Investor Lender with confirmation thereof in lieu of such Common Stock certificates.

Appears in 1 contract

Samples: Loan Agreement (McGlen Internet Group Inc)

MECHANICS OF DELIVERY OF CERTIFICATES REPRESENTING COMMON STOCK. In connection with any exchange of the Convertible Debentures or exercise of Warrant Warrants pursuant to which the Investor Lender acquires Common Stock under the Agreement, the Transfer Agent is hereby instructed to deliver to the InvestorLender, certificates representing Common Stock (with or without the Legend, as appropriate) within two (2) Trading Days of receipt by the Transfer Agent of a copy of the Notice of Conversion (in the case of the Convertible DebenturePreferred Stock) or Notice of Exercise (in the case of the Warrant) from the InvestorLender, and to deliver such certificates to the InvestorLender, in the case of original issuance, and in the case of subsequent transfer, if the Transfer Agent is able to deliver such Common Stock to the InvestorLender's account pursuant to the DWAC system of the Depository Trust Company, the Transfer Agent shall make delivery pursuant to such system and provide the Investor Lender with confirmation thereof in lieu of such Common Stock certificates.

Appears in 1 contract

Samples: Aquis Communications Group Inc

AutoNDA by SimpleDocs

MECHANICS OF DELIVERY OF CERTIFICATES REPRESENTING COMMON STOCK. In connection with any exchange of the Convertible Debentures or exercise of Warrant Warrants pursuant to which the Investor Lender acquires Common Stock under the Agreement, the Transfer Agent is hereby instructed to deliver to the InvestorLender, certificates representing Common Stock (with or without the Legend, as appropriate) within two (2) Trading Days of receipt by the Transfer Agent of a copy of the Notice of Conversion (in the case of the Convertible DebentureDebentures and Warrants) or Notice of Exercise (in the case of the Warrant) from the InvestorLender, and to deliver such certificates to the InvestorLender, in the case of original issuance, and in the case of subsequent transfer, if the Transfer Agent is able to deliver such Common Stock to the InvestorLender's account pursuant to the DWAC system of the Depository Trust Company, the Transfer Agent shall make delivery pursuant to such system and provide the Investor Lender with confirmation thereof in lieu of such Common Stock certificates.

Appears in 1 contract

Samples: Worldwide Wireless Networks Inc

MECHANICS OF DELIVERY OF CERTIFICATES REPRESENTING COMMON STOCK. In connection with any exchange conversion of the Convertible Subordinated Debentures or exercise of Warrant Warrants pursuant to which the Investor acquires Common Stock under the Agreement, the Transfer Agent is hereby instructed to deliver to the Investor, certificates representing Common Stock (with or without the Legend, as appropriate) within two three (23) Trading Days of receipt by the Transfer Agent of a copy of the Notice of Conversion (in the case of the Convertible Subordinated Debenture) or Notice of Exercise (in the case of the Warrant) from the Investor, and to deliver such certificates to the Investor, in the case of original issuance, and in the case of subsequent transfer, if the Transfer Agent is able to deliver such Common Stock to the Investor's account pursuant to the DWAC system of the Depository Trust Company, the Transfer Agent shall make delivery pursuant to such system and provide the Investor with confirmation thereof in lieu of such Common Stock certificates.

Appears in 1 contract

Samples: Registration Rights Agreement (Fibercore Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.