Common use of New Investors Clause in Contracts

New Investors. Notwithstanding anything herein to the contrary, if additional parties purchase shares of Series B Preferred Stock from the Company (each such person or entity, a “New Investor”), then each such New Investor will become a party to this Agreement as an “Investor” hereunder, without the need for any consent, approval or signature of any Investor when such New Investor has both: (i) purchased shares of Series B Preferred Stock and paid the Company all consideration payable for such shares and (ii) executed one or more counterpart signature pages to this Agreement as an “Investor,” with the Company’s consent.

Appears in 3 contracts

Samples: Rights Agreement, Rights Agreement (One Stop Systems Inc), Rights Agreement (One Stop Systems Inc)

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New Investors. Notwithstanding anything herein to the contrary, if additional parties purchase shares of Series B Preferred Stock the Securities from the Company (each such person or entity, a “New Investor”), then each such New Investor will shall become a party to this Agreement as an “Investor” hereunder, without the need for any consent, approval or signature of any Investor when such New Investor has both: (i) purchased shares of Series B Preferred Stock the Securities and paid the Company all consideration payable for such shares and (ii) executed one or more counterpart signature pages to this Agreement as an “Investor,” with the Company’s consent.

Appears in 2 contracts

Samples: Rights Agreement (Entropic Communications Inc), Rights Agreement (Entropic Communications Inc)

New Investors. Notwithstanding anything herein to the contrary, if pursuant to the Purchase Agreement and/or Strategic Investor Agreement, additional parties may purchase shares of Series B Preferred Stock from the Company (each such person or entity, a “New Investor”)thereunder, then each such New Investor will new investor shall become a party to this Agreement as an “Investor” hereunder, without the need for of obtaining any consent, approval or signature of any Investor when such New Investor new investor has both: (ia) purchased shares of Series B Preferred Stock and paid the Company all consideration payable for such shares and (iib) executed one or more counterpart signature pages to this Agreement as an “Investor,” with the Company’s consent.

Appears in 1 contract

Samples: Registration Rights Agreement (Planet Payment Inc)

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New Investors. Notwithstanding anything herein to the contrary, if pursuant to Section 2.3 of the Purchase Agreement, additional parties purchase shares of Series B Preferred Stock from the Company (each such person or entity, a “New Investor”)D Stock, then each such New Investor will new investor shall become a party to this Agreement as an "Investor" hereunder, without the need for any consent, approval or signature of any Investor when such New Investor new investor has both: (ia) purchased shares of Series B Preferred D Stock under the Purchase Agreement and paid the Company all consideration payable for such shares shares; and (iib) executed one or more counterpart signature pages to this Agreement as an "Investor,” " with the Company’s 's consent.

Appears in 1 contract

Samples: Investor Rights Agreement (Vitria Technology Inc)

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