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 conversion of the Debentures or exercise of 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 Debentures) 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 5 contracts

Samples: Registration Rights Agreement (Famous Fixins Inc), Registration Rights Agreement (Famous Fixins Inc), Registration Rights Agreement (Famous Fixins Inc)

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MECHANICS OF DELIVERY OF CERTIFICATES REPRESENTING COMMON STOCK. In connection with any conversion exchange of the Debentures Preferred Stock or exercise of 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 DebenturesPreferred Stock) 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: Escrow Agreement (Dental Medical Diagnostic Systems Inc)

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MECHANICS OF DELIVERY OF CERTIFICATES REPRESENTING COMMON STOCK. In connection with any conversion of the Debentures Debenture or exercise of Warrants a Warrant pursuant to which the an 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 as promptly as possible upon receipt by the Transfer Agent of a copy of the Notice of Conversion (in the case of the DebenturesDebenture) or Notice of Exercise (in the case of the Warrant) from the Investor, and to deliver such certificates to the InvestorEscrow Agent, 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: Escrow Agreement (Professional Transportation Group LTD Inc)

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