Permitted Stock Issuances Sample Clauses

Permitted Stock Issuances. From and after the date of this Agreement until the Closing Date, neither MAMM, DED Shareholder, nor the DED Companies shall issue any additional shares or shares of its capital stock, except that MAMM may on the Closing Date issue the New MAMM Shares as hereinbefore provided.
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Permitted Stock Issuances. From and after the date of this Agreement until the Closing Date, neither JMC nor Innomind shall issue any additional shares of its capital stock, except that JMC may: (i) on the Closing Date issue the JMC Shares as hereinbefore provided; (ii) on the Closing Date issue 20,000 shares of its Common Stock to Xxxx Xxx (“Gan”) in full satisfaction of the obligations of Dalian RINO Environmental Engineering Science and Technology Co., Ltd. (“RINO”) under that certain Compensation Agreement by and among Gan and RINO, a copy of which is annexed hereto as Exhibit D, and (y) (iii) prior to the Closing Date increase its authorized Common Stock and correspondingly forward split its outstanding Common Stock, each on a one hundred share for one share basis, in order to facilitate the Private Placement; and (iv) in connection with the Private Placement issue up to an aggregate of (x) 5,464,357 shares of Common Stock to accredited investors pursuant to the terms of the Securities Purchase Agreement, and (y) an aggregate of 1,125,000 shares of Common Stock as advisory and placement fees.
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Permitted Stock Issuances. From and after the date of this Agreement until the Third Closing Date, neither DEAC nor POM shall issue any additional shares or shares of its capital stock, except as required for note conversions of Interim Financing set forth in Schedule 1.3(a) and Subsequent Financings set forth in Schedule 1.3(c) herein by mutual consent, and all other required issuances by the Company for share conversions of existing convertible notes and warrants when exercised.
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Permitted Stock Issuances. From and after the date of this Agreement until the Closing Date, neither MKHD nor FM shall issue any additional shares or shares of its capital stock, except as required in order to obtain the Interim Financing set forth in Schedule [ ] set forth herein, and subject to FRMB approval.
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Permitted Stock Issuances. From and after the date of this Agreement until the Closing Date, neither VICTORY DIVIDE, Winner State, nor Faith Winner shall issue any additional shares of its capital stock, except that VICTORY DIVIDE may on the Closing Date issue the VICTORY DIVIDE Shares as hereinbefore provided; and in connection with the Private Placement issue up to an aggregate of 10,000,000 shares of Series A Stock and attached warrants to accredited investors pursuant to the terms of the Securities Purchase Agreement.
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Permitted Stock Issuances. From and after the date of this Agreement until the Closing Date, neither USTP, APPI Shareholder, nor the APPI Companies shall issue any additional shares or shares of its capital stock, except that USTP may on the Closing Date issue the New USTP Shares as hereinbefore provided.
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Permitted Stock Issuances. From and after the date of this Agreement until the Closing Date, neither USTP, APPI Shareholder, nor the APPI Companies shall issue any additional shares or shares of its capital stock, except that USTP may on the Closing Date issue the New USTP Shares as hereinbefore provided. 13 ARTICLE V CONDITIONS TO OBLIGATIONS OF APPI AND THE APPI SHAREHOLDERS The obligations of APPI and the APPI Shareholders to consummate the transactions contemplated by this Agreement are subject to the fulfillment, at or before the Closing Date, of the following conditions, any one or more of which may be waived by APPI and the APPI Shareholders at their sole discretion: Section 5.1 Representations and Warranties of USTP and the USTP Controlling Shareholders. All representations and warranties made by USTP and the USTP Controlling Shareholders in this Agreement shall be true and correct in all material respects on and as of the Closing Date as if again made by USTP and the USTP Controlling Shareholders on and as of such date and insofar as any inconsistency or inaccuracy does not or will not have a USTP Material Adverse Effect, except insofar as the representations and warranties relate expressly and solely to a particular date or period, in which case, subject to the limitations applicable to the particular date or period, they will be true and correct in all material respects on and as of the Closing Date with respect to such date or period. Section 5.2
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Related to Permitted Stock Issuances

  • Stock Issuance Upon exercise of the Warrant, the Company will use its best efforts to cause stock certificates representing the shares of Preferred Stock purchased pursuant to the exercise to be issued in the individual names of Holder, its nominees or assignees, as appropriate at the time of such exercise. Upon conversion of the shares of Preferred Stock to shares of Common Stock, the Company will issue the Common Stock in the individual names of Holder, its nominees or assignees, as appropriate.

  • Rights to Future Stock Issuances Subject to the terms and conditions of this Section 10 and applicable securities laws, if at any time prior to the second anniversary of the Closing, the Company proposes to offer or sell any New Securities, the Company shall first offer the Investor the opportunity to purchase up to ten percent (10%) of such New Securities. The Investor shall be entitled to apportion the right of first offer hereby granted to it in such proportions as it deems appropriate among itself and its Affiliates.

  • Issuances The Shares to be issued hereunder will be validly issued, fully paid and nonassessable.

  • Exercise of Options (a) The Option shall be exercised in accordance with the provisions of the Plan. As soon as practicable after the receipt of notice of exercise and payment of the Exercise Price as provided for in the Plan, the Company shall tender to the Optionee a certificate issued in the Optionee’s name evidencing the number of Option Shares covered thereby.

  • Reservation of Stock Issuable Upon Conversion The Corporation shall at all times reserve and keep available out of its authorized but unissued shares of Common Stock solely for the purpose of effecting the conversion of the shares of the Preferred Stock, such number of its shares of Common Stock as shall from time to time be sufficient to effect the conversion of all then outstanding shares of the Preferred Stock; and if at any time the number of authorized but unissued shares of Common Stock shall not be sufficient to effect the conversion of all then outstanding shares of the Preferred Stock, the Corporation will take such corporate action as may, in the opinion of its counsel, be necessary to increase its authorized but unissued shares of Common Stock to such number of shares as shall be sufficient for such purpose.

  • Distributions Other Than Cash, Shares or Rights to Purchase Shares (a) Whenever the Company intends to distribute to the holders of Deposited Securities property other than cash, Shares or rights to purchase additional Shares, the Company shall give timely notice thereof to the Depositary and shall indicate whether or not it wishes such distribution to be made to Holders of ADSs. Upon receipt of a notice indicating that the Company wishes such distribution be made to Holders of ADSs, the Depositary shall consult with the Company, and the Company shall assist the Depositary, to determine whether such distribution to Holders is lawful and reasonably practicable. The Depositary shall not make such distribution unless (i) the Company shall have requested the Depositary to make such distribution to Holders, (ii) the Depositary shall have received satisfactory documentation within the terms of Section 5.7, and (iii) the Depositary shall have determined that such distribution is reasonably practicable.

  • Reservation of Stock Issuable on Exercise of Warrant The Company will at all times reserve and keep available, solely for issuance and delivery on the exercise of the Warrant, shares of Common Stock (or Other Securities) from time to time issuable on the exercise of the Warrant.

  • VALID ISSUANCES The Securities are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid, and non-assessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents.

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