Common use of Restriction on Sale of Capital Stock Clause in Contracts

Restriction on Sale of Capital Stock. During the Commitment Period, the Company shall not issue or sell (i) any Common Stock or Preferred Stock without consideration or for a consideration per share less than the bid price of the Common Stock determined immediately prior to its issuance, (ii) issue or sell any Preferred Stock warrant, option, right, contract, call, or other security or instrument granting the holder thereof the right to acquire Common Stock without consideration or for a consideration per share less than such Common Stock's Bid Price determined immediately prior to its issuance, or (iii) file any registration statement on Form S-8.

Appears in 49 contracts

Samples: Standby Equity Distribution Agreement (Pop N Go Inc), Standby Equity Distribution Agreement (Silver Star Energy Inc), Standby Equity Distribution Agreement (Eyi Industries Inc)

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Restriction on Sale of Capital Stock. During the Commitment Period, the Company shall not issue or sell (i) any Common Stock or Preferred Stock without consideration or for a consideration per share less than the bid price of the Common Stock determined immediately prior to its issuance, (ii) issue or sell any Preferred Stock warrant, option, right, contract, call, or other security or instrument granting the holder thereof the right to acquire Common Stock without consideration or for a consideration per share less than such Common Stock's ’s Bid Price determined immediately prior to its issuance, or (iii) file any registration statement on Form S-8.

Appears in 4 contracts

Samples: Standby Equity Distribution Agreement (Aims Worldwide Inc), Standby Equity Distribution Agreement (Mobilepro Corp), Standby Equity Distribution Agreement (Aims Worldwide Inc)

Restriction on Sale of Capital Stock. During the Commitment -------------------------------------- Period, the Company shall not issue or sell (i) any Common Stock or Preferred Stock without consideration or for a consideration per share less than the bid price of the Common Stock determined immediately prior to its issuance, (ii) issue or sell any Preferred Stock warrant, option, right, contract, call, or other security or instrument granting the holder thereof the right to acquire Common Stock without consideration or for a consideration per share less than such Common Stock's Bid Price determined immediately prior to its issuance, or (iii) file any registration statement on Form S-8.

Appears in 3 contracts

Samples: Standby Equity Distribution Agreement (China World Trade Corp), Standby Equity Distribution Agreement (Falcon Natural Gas Corp), Standby Equity Distribution Agreement (Falcon Natural Gas Corp)

Restriction on Sale of Capital Stock. During the Commitment Period, the Company shall not issue or sell (i) any Common Stock or Preferred Stock without consideration or for a consideration per share less than the bid price of the Common Stock determined immediately prior to its issuance, (ii) issue or sell any Preferred Stock warrant, option, right, contract, call, or other security or instrument granting the holder thereof the right to acquire Common Stock without consideration or for a consideration per share less than such Common Stock's Bid Price determined immediately prior to its issuance, or (iii) file any registration statement on Form S-8.

Appears in 2 contracts

Samples: Standby Equity Distribution Agreement (Headliners Entertainment Group, Inc.), Standby Equity Distribution Agreement (Headliners Entertainment Group, Inc.)

Restriction on Sale of Capital Stock. During the Commitment Period, the Company shall not not, without the Investor's prior written notice, (i) issue or sell (i) any Common Stock or Preferred Stock without consideration or for a consideration per share less than the bid price of the Common Stock determined immediately prior to its issuanceissuance or, (ii) issue or sell any Preferred Stock warrant, option, right, contract, call, or other security or instrument granting the holder thereof the right to acquire Common Stock without consideration or for a consideration per share less than such Common Stock's Bid Price determined immediately prior to its issuance, or (iii) file any registration statement on Form S-8.

Appears in 2 contracts

Samples: Standby Equity Distribution Agreement (Cirtran Corp), Standby Equity Distribution Agreement (Cirtran Corp)

Restriction on Sale of Capital Stock. During the Commitment ------------------------------------ Period, the Company shall not issue or sell (i) any Common Stock or Preferred Stock without consideration or for a consideration per share less than the bid price of the Common Stock determined immediately prior to its issuance, (ii) issue or sell any Preferred Stock warrant, option, right, contract, call, or other security or instrument granting the holder thereof the right to acquire Common Stock without consideration or for a consideration per share less than such Common Stock's Bid Price determined immediately prior to its issuance, or (iii) file any registration statement on Form S-8.

Appears in 2 contracts

Samples: Standby Equity Distribution Agreement (Roanoke Technology Corp), Standby Equity Distribution Agreement (Intrepid Technology & Resource Inc)

Restriction on Sale of Capital Stock. During Except as provided in the Disclosure Schedule, during the Commitment Period, the Company shall not issue or sell sell, without the prior written consent of the Investor, (i) any Common Stock or Preferred Stock without consideration or for a consideration per share less than the bid price of the Common Stock determined immediately prior to its issuance, (ii) issue or sell any Preferred Stock warrant, option, right, contract, call, or other security or instrument granting the holder thereof the right to acquire Common Stock without consideration or for a consideration per share less than such Common Stock's Bid Price determined immediately prior to its issuance, or (iii) file any registration statement on Form S-8.

Appears in 1 contract

Samples: Standby Equity Distribution Agreement (StrikeForce Technologies Inc.)

Restriction on Sale of Capital Stock. During Following the Commitment Periodeffectiveness of the Registration Statement, the Company shall not not, without the prior written consent of the Investor, (i) issue or sell (i) any Common Stock or Preferred Stock without consideration or for a consideration per share less than the bid price Bid Price of the Common Stock determined immediately prior to its issuance, or (ii) issue or sell any Preferred Stock warrant, option, right, contract, call, or other security or instrument granting the holder thereof the right to acquire Common Stock without consideration or for a consideration per share less than such Common Stock's the Bid Price of the Common Stock determined immediately prior to its issuance, or (iii) file any registration statement on Form S-8.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cyplasin Biomedical Ltd.)

Restriction on Sale of Capital Stock. During the Commitment Period, the Company shall not issue or sell (i) any Common Stock or Preferred Stock without consideration or for a consideration per share less than the bid price of the Common Stock determined immediately prior to its issuance, (ii) issue or sell any Preferred Stock warrant, option, right, contract, call, or other security or instrument granting the holder thereof the right to acquire Common Stock without consideration or for a consideration per share less than such Common Stock's Bid Price determined immediately prior to its issuance, or (iii) file any registration statement on Form S-8.,

Appears in 1 contract

Samples: Standby Equity Distribution Agreement (Power Technology Inc/Cn)

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Restriction on Sale of Capital Stock. During the Commitment Period, the Company shall not issue or sell (i) any Common Stock or Preferred Stock without consideration or for a consideration per share less than the bid price of the Common Stock determined immediately prior to its issuance, (ii) issue or sell any Preferred Stock warrant, option, right, contract, call, or other security or instrument granting the holder thereof the right to acquire Common Stock without consideration or for a consideration per share less than such Common Stock's Bid Price determined immediately prior to its issuance, or (iii) file any registration statement on Form S-8.. -17-

Appears in 1 contract

Samples: Standby Equity Distribution Agreement (Global Concepts, Ltd.)

Restriction on Sale of Capital Stock. During the Commitment Period, the Company shall not not, without 10 days written notice to the Investor (i) issue or sell (i) any Common Stock or Preferred Stock without consideration or for a consideration per share less than the bid price Bid Price of the Common Stock determined immediately prior to its issuance, (ii) issue or sell any Preferred Stock warrant, option, right, contract, call, or other security or instrument granting the holder thereof the right to acquire Common Stock without consideration or for a consideration per share less than such Common Stock's the Bid Price of the Common Stock determined immediately prior to its issuance, or (iii) file any registration statement on Form S-8.

Appears in 1 contract

Samples: Drawdown Equity Financing Agreement (Solanbridge Group, Inc.)

Restriction on Sale of Capital Stock. During the Commitment Period, the Company shall not issue or sell sell, other than the debt financing disclosed to the Investor (i) any Common Stock or Preferred Stock without consideration or for a consideration per share less than the bid price of the Common Stock determined immediately prior to its issuance, (ii) issue or sell any Preferred Stock warrant, option, right, contract, call, or other security or instrument granting the holder thereof the right to acquire Common Stock without consideration or for a consideration per share less than such Common Stock's Bid Price determined immediately prior to its issuance, or (iii) file any registration statement on Form S-8.

Appears in 1 contract

Samples: Standby Equity Distribution Agreement (Bib Holdings LTD)

Restriction on Sale of Capital Stock. During the Commitment Period, the Company shall not not, without 10 days written notice to the Investor, (i) issue or sell (i) any Common Stock or Preferred Stock without consideration or for a consideration per share less than the bid price Bid Price of the Common Stock determined immediately prior to its issuance, (ii) issue or sell any Preferred Stock warrant, option, right, contract, call, or other security or instrument granting the holder thereof the right to acquire Common Stock without consideration or for a consideration per share less than such Common Stock's the Bid Price of the Common Stock determined immediately prior to its issuance, or (iii) file any registration statement on Form S-8.

Appears in 1 contract

Samples: Drawdown Equity Financing Agreement (Portage Resources Inc.)

Restriction on Sale of Capital Stock. During the ----------------------------------------- Commitment Period, the Company shall not issue or sell (i) any Common Stock or Preferred Stock without consideration or for a consideration per share less than the bid price of the Common Stock determined immediately prior to its issuance, (ii) issue or sell any Preferred Stock warrant, option, right, contract, call, or other security or instrument granting the holder thereof the right to acquire Common Stock without consideration or for a consideration per share less than such Common Stock's Bid Price determined immediately prior to its issuance, or (iii) file any registration statement on Form S-8.

Appears in 1 contract

Samples: Standby Equity Distribution Agreement (Donobi Inc)

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