Common use of Required Actions Clause in Contracts

Required Actions. For so long as any of the Preferred Shares remain outstanding, the Company shall, and shall cause each Subsidiary to:

Appears in 3 contracts

Samples: Securities Purchase Agreement (First Scientific Inc), Securities Purchase Agreement (E Automate Corp/De), Securities Purchase Agreement (E Automate Corp/De)

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Required Actions. For so long as any at least 20% of the Preferred Shares remain outstanding, the Company shall, and shall cause each Subsidiary to:

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (Canaan Equity L P), Preferred Stock Purchase Agreement (Alarmguard Holdings Inc)

Required Actions. For so long as any shares of Preferred Stock or the Preferred Shares Notes remain outstanding, the Company shall, and shall cause each Subsidiary to:

Appears in 2 contracts

Samples: Securities Purchase Agreement (Oz Management LLC), Securities Purchase Agreement (Covol Technologies Inc)

Required Actions. For so long as any of the Preferred Shares remain outstanding, the Company shall, and shall cause each Subsidiary to:

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Lechters Inc)

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Required Actions. For so long as any at least 25% of the Preferred Shares remain outstanding, the Company shall, and shall cause each Subsidiary to:

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Transact Technologies Inc)

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