Common use of Notification of OTC Markets, FINRA and Nevada Secretary of State Clause in Contracts

Notification of OTC Markets, FINRA and Nevada Secretary of State. Buyer and Seller, as applicable, shall, not later than forty-eight (48) hours following the Closing take the following actions, except as expressly stated below: (a) Notify OTC Markets, via email, of the new address for the Company, the new director(s) of the Company and the new officers of the Company, including its President. Buyer shall promptly pay any fees associated with this notice. (b) Notify FINRA corporate actions office, if required by its rules and procedures, of the change in control of the Company, the new address and resident agent for the Company, the new director(s) of the Company and the new officers of the Company, including its President, and the new controlling shareholder(s) of the Company. Buyer shall promptly pay any fees associated with this notice. (c) Notify the Nevada Secretary of State, by filing an annual list of officers and directors, when due, and by filing a change in resident agent notification, if applicable, of the address and resident agent for the Company, the new director(s) of the Company and the new officers of the Company, including its President. Buyer shall promptly pay any fees associated with these filings. (d) Confirm to the other party hereto in writing via email, that the obligations pursuant to Sections 5.1(a), (b) and (c), above have been performed. (e) Should Seller fail to perform according to this Section 5.1, Seller expressly authorizes Buyer to provide the notices and filings contemplated by this Section 5.1 and Buyer agrees to promptly reimburse Seller for all expenses related thereto, including filing fees and attorney’s fees actually incurred.

Appears in 2 contracts

Samples: Stock Purchase Agreement (One 4 Art LTD), Stock Purchase Agreement (Quture International, Inc.)

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Notification of OTC Markets, FINRA and Nevada Secretary of State. Buyer and Seller, as applicable, shall, not later than forty-eight (48) hours following the Closing shall take the following actions, except as expressly stated below: (a) Notify OTC Markets, Markets or the SEC via emailEXXXX, of the new address for the Company, the new director(s) of the Company and the new officers of the Company, including its President. Buyer shall promptly pay any fees associated with this notice. (b) Notify FINRA corporate actions office, if required by its rules and procedures, of the change in control of the Company, the new address and resident agent for the Company, the new director(s) of the Company and the new officers of the Company, including its President, and the new controlling shareholder(s) of the Company. Buyer shall promptly pay any fees associated with this notice. (c) Notify the Nevada Secretary of State, by filing an annual list of officers and directors, when due, and by filing a change in resident agent notification, if applicable, of the address and resident agent for the Company, the new director(s) of the Company and the new officers of the Company, including its President. Buyer shall promptly pay any fees associated with these filings. (d) Confirm to the other party hereto in writing via email, that the obligations pursuant to Sections 5.1(a), (b) and (c), above have been performed. (e) Should Seller fail to perform according to this Section 5.1, Seller expressly authorizes Buyer to provide the notices and filings contemplated by this Section 5.1 and Buyer agrees to promptly reimburse Seller for all expenses related thereto, including filing fees and attorney’s fees actually incurred.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Health Revenue Assurance Holdings, Inc.), Stock Purchase Agreement (China Botanic Pharmaceutical)

Notification of OTC Markets, FINRA and Nevada Secretary of State. Buyer and Seller, as applicable, shall, not later than forty-eight (48) hours following the Closing take the following actions, except as expressly stated below: (a) Notify OTC Markets, both via emailcertified letter and by access to the website section of xxx.xxxxxxxxxx.xxx established for this purpose, of the new address and resident agent for the Company, the new director(s) of the Company and the new officers of the Company, including its President. Buyer shall promptly pay any fees associated with this notice. (b) Notify FINRA corporate actions office, if as required by its rules and procedures, of the change in control of the Company, the new address and resident agent for the Company, the new director(s) of the Company and the new officers of the Company, including its President, and the new controlling shareholder(s) of the Company. Buyer shall promptly pay any fees associated with this notice. (c) Notify the Nevada Secretary of State, by filing an amended annual list of officers and directors, when due, directors and by filing a change in resident agent notification, if applicable, of the new address and resident agent for the Company, the new director(s) of the Company and the new officers of the Company, including its President. Buyer shall promptly pay any fees associated with these filings. (d) Confirm to the other party hereto Seller in writing via emailcertified letter to Seller and by providing copies of the notices and filings provided to OTC Markets, FINRA and the Nevada Secretary of State, that the Seller has performed its obligations pursuant to Sections 5.1(a), (b) and (c), above have been performedabove. (e) Should Seller fail to perform according to this Section 5.1, Seller expressly authorizes Buyer to provide the notices and filings contemplated by this Section 5.1 and Buyer agrees to promptly reimburse Seller for all expenses related thereto, including filing fees and attorney’s fees actually incurred.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cereplast Inc)

Notification of OTC Markets, FINRA and Nevada Secretary of State. Buyer and Seller, as applicable, Buyers shall, not later than forty-eight within three (483) hours business days following the Closing Date take the following actions, except as expressly stated below: (a) Notify OTC Markets, both via emailcertified letter and by access to the website section of wxx.xxxxxxxxxx.xxx established for this purpose, of the new address and resident agent for the Company, the new director(s) of the Company and the new officers of the Company, including its President. Buyer Buyers shall promptly pay any fees associated with this notice. (b) Notify FINRA corporate actions office, if as required by its rules and procedures, of the change in control of the Company, the new address and resident agent for the Company, the new director(s) of the Company and the new officers of the Company, including its President, and the new controlling shareholder(s) of the Company. Buyer Buyers shall promptly pay any fees associated with this notice. (c) Notify the Nevada Secretary of State, by filing an amended annual list of officers and directors, when due, directors and by filing a change in resident agent notification, if applicable, of the new address and resident agent for the Company, the new director(s) of the Company and the new officers of the Company, including its President. Buyer Buyers shall promptly pay any fees associated with these filings. (d) Confirm to the other party hereto Seller in writing via emailcertified letter to Seller and by providing copies of the notices and filings provided to OTC Markets, FINRA and the Nevada Secretary of State, that the Seller has performed its obligations pursuant to Sections 5.1(a7.l(a), (b.(h) and (cand(L), above have been performedabove. (e) Should Seller Buyers fail to timely perform according to this Section 5.1, Seller Bxxxxx expressly authorizes Buyer Seller to provide the notices and filings contemplated by this Section 5.1 and Buyer Bxxxxx agrees to promptly reimburse Seller for all expenses related thereto, including filing fees and attorney’s fees actually incurred.

Appears in 1 contract

Samples: Stock Purchase Agreement (Bitmis Corp.)

Notification of OTC Markets, FINRA and Nevada Secretary of State. Following the Closing, Buyer and Seller, as applicable, shall, not later than forty-eight (48) hours following the Closing shall take the following actions, except as expressly stated below: (a) Notify OTC Markets, Markets or the SEC via emailEXXXX, of the new address for the Company, the new director(s) of the Company and the new officers of the Company, including its President. Buyer shall promptly pay any fees associated with this notice. (b) Notify FINRA corporate actions office, if required by its rules and procedures, of the change in control of the Company, the new address and resident agent for the Company, the new director(s) of the Company and the new officers of the Company, including its President, and the new controlling shareholder(s) of the Company. Buyer shall promptly pay any fees associated with this notice. (c) Notify the Nevada Secretary of State, by filing an annual list of officers and directors, when due, and by filing a change in resident agent notification, if applicable, of the address and resident agent for the Company, the new director(s) of the Company and the new officers of the Company, including its President. Buyer shall promptly pay any fees associated with these filings. (d) Confirm to the other party hereto in writing via email, that the obligations pursuant to Sections 5.1(a), (b) and (c), above have been performed. (e) Should Seller fail to perform according to this Section 5.1, Seller expressly authorizes Buyer to provide the notices and filings contemplated by this Section 5.1 and Buyer agrees to promptly reimburse Seller for all expenses related thereto, including filing fees and attorney’s fees actually incurred.

Appears in 1 contract

Samples: Stock Purchase Agreement (Moveix Inc.)

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Notification of OTC Markets, FINRA and Nevada Secretary of State. Buyer and Seller, as applicable, Buyers shall, not later than forty-eight within three (483) hours business days following the Closing Date take the following actions, except as expressly stated below: (a) Notify OTC Markets, both via emailcertified letter and by access to the website section of xxx.xxxxxxxxxx.xxx established for this purpose, of the new address and resident agent for the Company, the new director(s) of the Company and the new officers of the Company, including its President. Buyer Buyers shall promptly pay any fees associated with this notice. (b) Notify FINRA corporate actions office, if as required by its rules and procedures, of the change in control of the Company, the new address and resident agent for the Company, the new director(s) of the Company and the new officers of the Company, including its President, and the new controlling shareholder(s) of the Company. Buyer Buyers shall promptly pay any fees associated with this notice. (c) Notify the Nevada Secretary of State, by filing an amended annual list of officers and directors, when due, directors and by filing a change in resident agent notification, if applicable, of the new address and resident agent for the Company, the new director(s) of the Company and the new officers of the Company, including its President. Buyer Buyers shall promptly pay any fees associated with these filings. (d) Confirm to the other party hereto Seller in writing via emailcertified letter to Seller and by providing copies of the notices and filings provided to OTC Markets, FINRA and the Nevada Secretary of State, that the Seller has performed its obligations pursuant to Sections 5.1(a7.1(a), (b) and (c), above have been performedabove. (e) Should Seller Buyers fail to timely perform according to this Section 5.1, Seller Buyers expressly authorizes Buyer Seller to provide the notices and filings contemplated by this Section 5.1 and Buyer Buyers agrees to promptly reimburse Seller for all expenses related thereto, including filing fees and attorney’s fees actually incurred.

Appears in 1 contract

Samples: Stock Purchase Agreement (Gushen, Inc)

Notification of OTC Markets, FINRA and Nevada Secretary of State. Buyer and Seller, as applicable, shall, not later than forty-eight (48) hours following the Closing shall take the following actions, except as expressly stated below: (a) Notify OTC Markets, Markets or the SEC via emailEXXXX, of the new address for the Company, the new director(s) of the Company and the new officers of the Company, including its President. Buyer shall promptly pay any fees associated with this notice. (b) Notify FINRA corporate actions office, if required by its rules and procedures, of the change in control of the Company, the new address and resident agent for the Company, the new director(s) of the Company and the new officers of the Company, including its President, and the new controlling shareholder(s) of the Company. Buyer shall promptly pay any fees associated with this notice. (c) Notify the Nevada Secretary of State, by filing an annual list of officers and directors, when due, and by filing a change in resident agent notification, if applicable, of the address and resident agent for the Company, the new director(s) of the Company and the new officers of the Company, including its President. Buyer shall promptly pay any fees associated with these filings. (d) Confirm to the other party hereto in writing via email, that the obligations pursuant to Sections 5.1(a), (b) and (c), above have been performed. (e) Should Seller Buyer fail to perform according to this Section 5.1, Seller expressly authorizes Buyer to provide the notices and filings contemplated by this Section 5.1 and Buyer agrees to promptly reimburse Seller for all reasonable expenses related thereto, including filing fees and attorney’s fees actually incurred.

Appears in 1 contract

Samples: Stock Purchase Agreement (Alpine Auto Brokers Inc.)

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