Reset Equity Deals. On or prior to the Closing Date, the Company will cause to be cancelled any and all reset features related to any shares outstanding that could result in additional shares being issued. For a period of five years from the closing the Company will not enter into any transactions that have any reset features that could result in additional shares being issued.
Appears in 6 contracts
Samples: Preferred Stock Purchase Agreement (Wireless Age Communications Inc), Preferred Stock Purchase Agreement (China Kangtai Cactus Bio-Tech, Inc.), Preferred Stock Purchase Agreement (China Kangtai Cactus Bio-Tech, Inc.)
Reset Equity Deals. On or prior to the Closing Date, the Company will cause to be cancelled any and all reset features related to any shares outstanding that could result in additional shares being issued. For a period Until the earlier of (a) five years from the closing Closing Date or (b) the Restriction Termination Date, the Company will not enter into any transactions that have any reset features that could result in additional shares being issued.
Appears in 6 contracts
Samples: Securities Purchase Agreement (China Wind Systems, Inc), Securities Purchase Agreement (Capital Solutions I, Inc.), Securities Purchase Agreement (Malex Inc)
Reset Equity Deals. On or prior to the Closing Date, the Company will cause to be cancelled any and all reset features related to any shares outstanding that could result in additional shares being issued, that do not contain a floor price or a number of share maximum issuance. For a period of five two years from the closing Closing the Company will not enter into any transactions that have any reset features that could result in additional shares being issuedissued based upon the trading price of the Company’s stock on a date after such transaction.
Appears in 2 contracts
Samples: Note Purchase Agreement (Sun New Media Inc.), Note Purchase Agreement (Sun New Media Inc.)
Reset Equity Deals. On or prior to the Closing Date, the Company will cause to be cancelled any and all reset features related to any shares outstanding that could result in additional shares being issued. For a period of five two (2) years from the closing Closing Date, the Company will not enter into any transactions that have any reset features that could result in additional shares being issued.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Enucleus Inc), Stock Purchase Agreement (Enucleus Inc)
Reset Equity Deals. On or prior to the Closing Date, the Company will cause to be cancelled any and all reset features related to any shares outstanding that could result in additional shares being issuedissued provided however that no action will be taken with respect to the outstanding warrants. For a period Until the earlier of (a) five years from the closing Closing Date or (b) the Restriction Termination Date, the Company will not enter into any transactions transaction that have any reset features that could result in additional shares being issued.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Deli Solar (USA), Inc.), Securities Purchase Agreement (Deli Solar (USA), Inc.)
Reset Equity Deals. On or prior to the Closing Date, the Company will cause to be cancelled any and all reset features related to any shares securities outstanding that could result in additional shares securities being issued. For a period of five years sixty (60) months from the closing Closing the Company will not enter into any transactions that have any reset features that could result in additional shares securities being issued.
Appears in 2 contracts
Samples: Common Stock Purchase Agreement (BRS Group Inc), Common Stock Purchase Agreement (BRS Group Inc)
Reset Equity Deals. On or prior to the Closing Date, the Company will cause to be cancelled any and all reset features related to any shares outstanding that could result in additional shares being issued. For a period of five three years from the closing Closing Date, the Company will not enter into any transactions that have any reset features that could result in additional shares being issued.
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Reset Equity Deals. On or prior to the Closing Date, the Company will cause to be cancelled any and all reset features related to any shares outstanding that could result in additional shares being issued. For a period of five years from the closing the Company will not enter into any transactions that have any reset features that could result in additional shares being issued.. PAGE14 OF 34
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Reset Equity Deals. On or prior to the Closing Date, the Company will cause to be cancelled any and all reset features related to any shares outstanding that could result in additional shares being issued. For a the period of five years from the closing Effective Time, the Company will not enter into any transactions that have any reset features that could result in additional shares being issued.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Aims Worldwide Inc)
Reset Equity Deals. On or prior to the Closing Date, the Company will cause to be cancelled any and all reset features related to any shares outstanding that could result in additional shares being issued. For a period Until the earlier of five years (a) eighteen (18) months from the closing Closing Date or (b) the Restriction Termination Date, the Company will not enter into any transactions that have any reset features that could result in additional shares being issued.
Appears in 1 contract
Samples: Securities Purchase Agreement (China Power Equipment, Inc.)
Reset Equity Deals. On or prior to the Closing Date, the Company will cause to be cancelled any and all reset features related to any shares outstanding that could result in additional shares being issued. For a period of five two years from the closing Closing, the Company will not enter into any transactions that have any reset features that could result in additional shares being issued.
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Reset Equity Deals. On or prior to the Closing Date, the Company will cause to be cancelled any and all reset features related to any shares outstanding that could result in additional shares being issued. For a period of five two years from the closing the Company will not enter into any transactions that have any reset features that could result in additional shares being issued.
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Reset Equity Deals. On or prior to the Closing Date, the Company will cause to be cancelled any and all reset features related to any shares outstanding that could result in additional shares being issued. For a period Until the earlier of (a) five years from the closing Closing Date or (b) the Restriction Termination Date (as defined in that certain Securities Purchase Agreement between the Company and the Purchasers signatory thereto, dated November 2, 2009), the Company will not enter into any transactions that have any reset features that could result in additional shares being issued.
Appears in 1 contract
Samples: Securities Purchase Agreement (Biostar Pharmaceuticals, Inc.)
Reset Equity Deals. On or prior to the Closing Date, the Company will cause to be cancelled any and all reset features related to any shares outstanding that could result in additional shares being issued. For a period Until the later of five years from eighteen (18) months commencing on Closing or until Investors collectively hold less than ten percent (10%) of the closing Preferred Stock, the Company will not enter into any transactions that have any reset features that could result in additional shares being issued.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Vein Associates of America Inc)
Reset Equity Deals. On or prior to the Closing Date, the Company will cause to be cancelled any and all reset features related to any shares outstanding that could result in additional shares being issued, except for securities held by Barron Partners LLP. For a period of five two (2) years from the closing Closing Xxxx, the Company will not enter into any transactions that have any reset features that could result in additional shares being issued.
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Reset Equity Deals. On or prior to the Closing Date, the Company will cause to be cancelled any and all reset features related to any shares securities outstanding that could result in additional shares securities being issued. For a period of five years 24 months from the closing Closing the Company will not enter into any transactions that have any reset features that could result in additional shares securities being issued.
Appears in 1 contract
Samples: Convertible Note Purchase Agreement (China for-Gen Corp.)
Reset Equity Deals. On or prior to the Closing Date, the Company will cause to be cancelled any and all reset features related to any shares shares, options or warrants outstanding that could result in additional shares being issued. For a the period of five years from the closing Effective Time, the Company will not enter into any transactions that have any reset features that could result in additional shares being issued.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Aims Worldwide Inc)
Reset Equity Deals. On or prior to the Closing Date, the Company will cause to be cancelled any and all reset features related to any shares outstanding that could result in additional shares being issued. For a period during which any of five years from the closing Preferred Shares is outstanding, the Company will not enter into any transactions that have any reset features that could result in additional shares being issued.
Appears in 1 contract
Reset Equity Deals. On or prior to the Closing Date, the Company will cause to be cancelled any and all reset features related to any shares outstanding that could result in additional shares being issued. For a period From the date hereof until the earlier of (a) such time as no Purchaser holds any of the Securities or (b) five years from after the closing Closing Date the Company will not enter into issue any transactions security that have any contains a reset features feature that could result in additional shares being issued.
Appears in 1 contract
Samples: Stock Purchase Agreement (American Nano Silicon Technologies, Inc.)