Common use of Share Splits Clause in Contracts

Share Splits. Until the Notes and all notes issued pursuant to the terms thereof are no longer outstanding, the Company shall not effect any share combination, reverse share split or other similar transaction (or make any public announcement or disclosure with respect to any of the foregoing) without the prior written consent of the Required Holders (as defined below).

Appears in 8 contracts

Samples: Securities Purchase Agreement (Visionary Holdings Inc.), Securities Purchase Agreement (Xiao-I Corp), Securities Purchase Agreement (Clean Vision Corp)

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Share Splits. Until the Notes and all notes issued pursuant to the terms thereof are Note is no longer outstanding, the Company shall not effect any share combination, reverse share split or other similar transaction (or make any public announcement or disclosure with respect to any of the foregoing) without the prior written consent of the Required Holders (Buyer, unless such transaction is undertaken in connection with a listing on an Eligible Market or as defined below)a requirement to remain listed on an Eligible Market.

Appears in 1 contract

Samples: Securities Purchase Agreement

Share Splits. Until After the Closing Date and until the Notes and all notes issued pursuant to the terms thereof are no longer outstanding, the Company shall not effect any share combination, reverse share split or other similar transaction (or make any public announcement or disclosure with respect to any of the foregoing) without the prior written consent of the Required Holders (as defined below); provided, that this Section 4(t) shall not apply to a single reverse split which is approved by the Company’s shareholders in order to meet the minimum price requirements of the Principal Market.

Appears in 1 contract

Samples: Securities Purchase Agreement (Moringa Acquisition Corp)

Share Splits. Until the Notes and all notes issued pursuant to the terms thereof are no longer outstanding, the Company shall not effect any share combination, reverse share split or other similar transaction (or make any public announcement or disclosure with respect to any of the foregoing) without the prior written consent of the Required Holders (as defined below), except as required by an Eligible Market to provide for the eligibility or continued eligibility of the Common Shares for listing or quotation on such market.

Appears in 1 contract

Samples: Securities Purchase Agreement (Neovasc Inc)

Share Splits. Until the Notes and all notes issued pursuant to the terms thereof are no longer outstanding, the Company shall not effect any share combination, reverse share split or other similar transaction (or make any public announcement or disclosure with respect to any of the foregoing) without the prior written consent of the Required Holders (as defined below)., unless the purpose of the reverse split is to list the Common Shares on an Eligible Market other than OTC Markets Group, Inc.

Appears in 1 contract

Samples: Securities Purchase Agreement (Giga Tronics Inc)

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Share Splits. Until the Notes and all notes issued pursuant to the terms thereof Note are no longer outstanding, the Company shall not effect any share combination, reverse share split or other similar transaction (or make any public announcement or disclosure with respect to any of the foregoing) without the prior written consent of the Required Holders (Creditor, except as defined below)may be required by an Eligible Market to provide for the eligibility or continued eligibility of the Common Shares for listing or quotation on such market or otherwise in compliance with the applicable provisions of the Note and the Warrants.

Appears in 1 contract

Samples: Securities Restructuring Agreement (Sundial Growers Inc.)

Share Splits. Until the Notes and all notes issued pursuant to the terms thereof are no longer outstanding, the Company shall not effect any share combination, reverse share split or other similar transaction (or make any public announcement or disclosure with respect to any of the foregoing) without the prior written consent of the Required Holders (Holders, except as defined below)may be required by an Eligible Market to provide for the eligibility or continued eligibility of the Common Stock for listing or quotation on such market.

Appears in 1 contract

Samples: Securities Purchase Agreement (Sundial Growers Inc.)

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