Procedure to Exercise a Put. Subject to the Individual Put Limit, the Maximum Offering Amount and the Cap Amount (if applicable), and subject to the satisfaction of the Put Conditions and the other conditions and limitations set forth in this Agreement, at any time beginning on the date on which the Registration Statement is declared effective by the SEC (the “Effective Date”), the Company may, in its sole and absolute discretion, elect to exercise one or more Puts according to the following procedure, provided that each subsequent Put Date after the first Put Date shall be no sooner than five (5) Business Days following the preceding Pricing Period End Date and provided further that the Company may not deliver a Put Notice and no Put shall occur if the VWAP for the five (5) Trading Days immediately preceding the proposed Put Date is less than the Trigger Price:
Appears in 6 contracts
Samples: Investment Agreement (Allezoe Medical Holdings Inc), Investment Agreement (Vendum Batteries Inc.), Investment Agreement (Medisafe 1 Technologies Corp)
