Common use of Resale of the Parent Shares Clause in Contracts

Resale of the Parent Shares. Parent will take all action under its control that is necessary to permit Shareholder to resell the Parent Shares beginning on the Second Closing Date or 6 months after the date of issuance of the Parent Shares, whichever is later, in accordance with Rule 144 promulgated by the Securities and Exchange Commission.

Appears in 2 contracts

Samples: Securities Purchase Agreement (VIASPACE Inc.), Securities Purchase Agreement (VIASPACE Green Energy Inc.)

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Resale of the Parent Shares. Parent will take all action under its control that is necessary to permit Shareholder to resell the Parent Shares beginning on the Second Closing Date or 6 months after the date of issuance of the Parent Shares, whichever is later, in accordance with Rule 144 promulgated by the Securities and Exchange Commission. (d) The first sentence of Section 10.1(c) of the Agreement is hereby amended to read in full as follows:

Appears in 2 contracts

Samples: Securities Purchase Agreement (VIASPACE Green Energy Inc.), Securities Purchase Agreement (VIASPACE Inc.)

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