Common use of Resignation, Removal and Appointment of Successors Clause in Contracts

Resignation, Removal and Appointment of Successors. (a) The Company agrees, for the benefit of the holders from time to time of the Unit Certificates, that there shall at all times be a Unit Agent hereunder until all the Units have been exercised or are no longer exercisable.

Appears in 5 contracts

Samples: Form of Unit Agreement (MGT Capital Investments Inc), Form of Unit Agreement (Marathon Patent Group, Inc.), Unit Agreement (Crossroads Systems Inc)

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Resignation, Removal and Appointment of Successors. (a) The Company agrees, for the benefit of the holders from time to time of the Unit Certificates, that there shall at all times be a Unit Agent hereunder until all the Units have been exercised separated into the Unit Securities or are no longer exercisableoutstanding.

Appears in 2 contracts

Samples: Unit Agreement (Skyline Medical Inc.), Unit Agreement (Skyline Medical Inc.)

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