Common use of OTC Matters Clause in Contracts

OTC Matters. At the date hereof and at the Closing Date: (a) the Common Stock is eligible to trade and be quoted on, and is quoted on the OTCQB tier maintained by OTC Markets, Inc. (the “OTCQB”) and has received no notice or other communication indicating that such eligibility is subject to challenge or review by the any applicable regulatory agency, electronic market administrator, or exchange; (b) the Company has and shall have performed or satisfied all of its undertakings to, and of its obligations and requirements with, the SEC; (c) the Company has not, and shall not have taken any action that would preclude, or otherwise jeopardize, the inclusion of the Common Stock for quotation on the OTCQB; and (d) the Common Stock is eligible for participation in The Depository Trust Company (“DTC”) book entry system and has shares of Common Stock on deposit at DTC.

OTC Matters. At the date hereof Effective Date and at the Closing Date: Date (a) the Common Stock is eligible to trade and be quoted on, and is quoted on on, the OTCQB OTC Pink tier maintained by OTC Markets, Inc. (the “OTCQBOTC Pink”) and the Company has received no notice or other communication indicating that such eligibility is subject to challenge or review by the any applicable regulatory agency, electronic market administrator, or exchange; ; (b) the Company has and shall have performed or satisfied all of its undertakings to, and of its obligations and requirements with, the SEC; Commission; (c) the Company has not, and shall not have taken any action that would preclude, or otherwise jeopardize, the inclusion of the Common Stock for quotation on the OTCQBOTC Pink; and and (d) the Common Stock is eligible for participation in The Depository Trust Company (“DTC”) book entry system and has shares of Common Stock on deposit at DTC.

OTC Matters. At the date hereof and at the Closing Date: (a) the Common Stock is eligible to trade and be quoted on, and is quoted on on, the OTCQB tier maintained by OTC Markets, Inc. (the “OTCQB”) and has received no notice or other communication indicating that such eligibility is subject to challenge or review by the any applicable regulatory agency, electronic market administrator, or exchange; (b) the Company has and shall have performed or satisfied all of its undertakings to, and of its obligations and requirements with, the SEC; (c) the Company has not, and shall not have taken any action that would preclude, or otherwise jeopardize, the inclusion of the Common Stock for quotation on the OTCQB; and (d) the Common Stock is eligible for participation in The Depository Trust Company (“DTC”) book entry system and has shares of Common Stock on deposit at DTC.

OTC Matters. At the date hereof and at the Closing Date: (a) the Common Stock is eligible to trade and be quoted on, and is quoted on on, the OTCQB OTCPink tier maintained by OTC Markets, Inc. (the “OTCQB”"OTCPink") and has received no notice or other communication indicating that such eligibility is subject to challenge or review by the any applicable regulatory agency, electronic market administrator, or exchange; (b) the Company has and shall have performed or satisfied all of its undertakings to, and of its obligations and requirements with, the SEC; (c) the Company has not, and shall not have taken any action that would preclude, or otherwise jeopardize, the inclusion of the Common Stock for quotation on the OTCQBOTCPink; and (d) the Common Stock is eligible for participation in The Depository Trust Company (“"DTC”") book entry system and has shares of Common Stock on deposit at DTC.