RETURN OF SURPLUS. If the value of the Put Shares delivered to the Investor causes the Company to exceed the Maximum Commitment Amount, then the Investor shall return to the Company the surplus amount of Put Shares associated with such Put and the Purchase Price with respect to such Put shall be reduced by any Clearing Costs related to the return of such Put Shares.
Appears in 18 contracts
Samples: Equity Purchase Agreement (King Resources, Inc.), Equity Purchase Agreement (Bonanza Goldfields Corp.), Equity Purchase Agreement (Cosmos Group Holdings Inc.)
RETURN OF SURPLUS. If the value of the Put Shares delivered to the Investor causes the Company to exceed the Maximum Commitment Amount, then the Investor shall return to the Company the surplus amount of Put Shares associated with such Option 1 Put or Option 2 Put, and the Option 1 Purchase Price or Option 2 Purchase Price with respect to such Option 1 Put or Option 2 Put shall be reduced by any Clearing Costs related to the return of such Put Shares.
Appears in 6 contracts
Samples: Equity Purchase Agreement (Globavend Holdings LTD), Equity Purchase Agreement (Digital Brands Group, Inc.), Equity Purchase Agreement (Digital Brands Group, Inc.)
RETURN OF SURPLUS. If the value of the Put Shares delivered to the Investor causes the Company to exceed the Maximum Commitment Amount, then the Investor shall return to the Company the surplus amount of Put Shares associated with such Put Put, and the such applicable Purchase Price with respect to such Put shall be reduced by any Clearing Costs related to the return of such Put Shares.
Appears in 2 contracts
Samples: Equity Purchase Agreement (ABCO Energy, Inc.), Equity Purchase Agreement (Molecular Data Inc.)
RETURN OF SURPLUS. If the value of the Put Shares delivered to the Investor causes the Company to exceed the Maximum Commitment Amount, then the Investor shall return to the Company the surplus amount of Put Shares associated with such Option 1 Put, Option 2 Put or Option 3 Put, and the Purchase such applicable purchase Price with respect to such Put shall be reduced by any Clearing Costs related to the return of such Put Shares.
Appears in 1 contract
RETURN OF SURPLUS. If the value of the Put Shares delivered to the Investor causes the Company to exceed the Maximum Commitment Amount, then the Investor shall return to the Company the surplus amount of Put Shares associated with such Option 1 Put or Option 2 Put, and the Option Purchase Price with respect to such Option 1 Put or Option 2 Put shall be reduced by any Clearing Costs related to the return of such Put Shares.
Appears in 1 contract
RETURN OF SURPLUS. If the value of the Put Shares delivered to the an Investor causes the Company to exceed the Maximum Commitment Amount, then the Investor shall return to the Company the surplus amount of Put Shares associated with such Put and the Purchase Price with respect to such Put shall be reduced by any Clearing Costs related to the return of such Put Shares.
Appears in 1 contract
Samples: Equity Purchase Agreement (Capital Park Holdings Corp.)
RETURN OF SURPLUS. If the value of the Put Shares delivered to the Investor causes the Company to exceed the Maximum Commitment Amount, then the Investor shall return to the Company the surplus amount of Put Shares associated with such Put and the Purchase Price with respect to such Put shall be accordingly reduced by any Clearing Costs related to the return of such Put Shares.
Appears in 1 contract
Samples: Equity Purchase Agreement (AGBA Group Holding Ltd.)
