Common use of Purchaser’s Exercise Limitations Clause in Contracts

Purchaser’s Exercise Limitations. The Company shall not effect any exercise of the rights granted in Section 4.17 of this Agreement, and a Purchaser shall not have the right to exercise any portion of such rights granted in Section 4.17 to the extent that after giving effect to such exercise, the Purchaser (together with the Purchaser’s Affiliates, and any other Persons acting as a group together with the Purchaser or any of the Purchaser’s Affiliates), would beneficially own in excess of the Beneficial Ownership Limitation (as defined in the Note), applied in the manner set forth in the Note.

Appears in 4 contracts

Samples: Securities Purchase Agreement (iHookup Social, Inc.), Securities Purchase Agreement (NXT-Id, Inc.), Securities Purchase Agreement (Attitude Drinks Inc.)

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Purchaser’s Exercise Limitations. The Company shall not effect any exercise of the rights granted in Section 4.17 of this Agreement, and a Purchaser shall not have the right to exercise any portion of such rights granted in Section 4.17 to the extent that after giving effect to such exercise, the Purchaser (together with the Purchaser’s Affiliates, and any other Persons acting as a group together with the Purchaser or any of the Purchaser’s Affiliates), would beneficially own in excess of the Beneficial Ownership Limitation (as defined in the NoteSection 4.25), applied in the manner set forth in the Note.

Appears in 1 contract

Samples: Securities Purchase Agreement (Andalay Solar, Inc.)

Purchaser’s Exercise Limitations. The Company shall not effect any exercise of the rights granted in Section 4.17 4.21 of this Agreement, and a Purchaser shall not have the right to exercise any portion of such rights granted in Section 4.17 4.21 to the extent that after giving effect to such exercise, the Purchaser (together with the Purchaser’s 's Affiliates, and any other Persons acting as a group together with the Purchaser or any of the Purchaser’s 's Affiliates), would beneficially own in excess of the Beneficial Ownership Limitation (as defined in the Note), applied in the manner set forth in the Note.

Appears in 1 contract

Samples: Securities Purchase Agreement (Ironwood Gold Corp.)

Purchaser’s Exercise Limitations. The Company shall not effect any exercise of the rights granted in Section 4.17 Sections 4.18 and 4.21 of this Agreement, and a Purchaser shall not have the right to exercise any portion of such rights granted in Section 4.17 Sections 4.18 and 4.21 to the extent that after giving effect to such exercise, the Purchaser (together with the Purchaser’s Affiliates, and any other Persons acting as a group together with the Purchaser or any of the Purchaser’s Affiliates), would beneficially own in excess of the Beneficial Ownership Limitation (as defined in the Note), applied in the manner set forth in the Note.

Appears in 1 contract

Samples: Securities Purchase Agreement (Vuzix Corp)

Purchaser’s Exercise Limitations. The Company shall not effect any exercise of the rights granted in Section 4.17 4.21 of this Agreement, and a Purchaser shall not have the right to exercise any portion of such rights granted in Section 4.17 4.21 to the extent that after giving effect to such exercise, the Purchaser (together with the Purchaser’s Affiliates, and any other Persons acting as a group together with the Purchaser or any of the Purchaser’s Affiliates), would beneficially own in excess of the Beneficial Ownership Limitation (as defined in the Note), applied in the manner set forth in the Note.

Appears in 1 contract

Samples: Securities Purchase Agreement (Wally World Media, Inc)

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Purchaser’s Exercise Limitations. The Company shall not effect any exercise of the rights granted in Section Sections 4.17 and 4.23 of this Agreement, and a Purchaser shall not have the right to exercise any portion of such rights granted in Section Sections 4.17 and 4.23 to the extent that after giving effect to such exercise, the Purchaser (together with the Purchaser’s Affiliates, and any other Persons acting as a group together with the Purchaser or any of the Purchaser’s Affiliates), would beneficially own in excess of the Beneficial Ownership Limitation (as defined in the Note), applied in the manner set forth in the Note.

Appears in 1 contract

Samples: Securities Purchase Agreement (Echo Therapeutics, Inc.)

Purchaser’s Exercise Limitations. The Except as otherwise set forth in the Exchange Agreement, the Company shall not effect any exercise of the rights granted in Section 4.17 4.21 of this Agreement, and a Purchaser shall not have the right to exercise any portion of such rights granted in Section 4.17 4.21 to the extent that after giving effect to such exercise, the Purchaser (together with the Purchaser’s Affiliates, and any other Persons acting as a group together with the Purchaser or any of the Purchaser’s Affiliates), would beneficially own in excess of the Beneficial Ownership Limitation (as defined in the Note), applied in the manner set forth in the Note.

Appears in 1 contract

Samples: Subscription Agreement (Ironwood Gold Corp.)

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