Temporary Cessation of Offers and Sales by Purchaser. The Purchaser acknowledges that there may occasionally be times when the Company may be required to suspend the use of the prospectus forming part of the Registration Statement until such time as an amendment to the Registration Statement has been filed by the Company and declared effective by the Commission, until the prospectus is supplemented or amended to comply with the Securities Act, or until such time as the Company has filed an appropriate report with the Commission pursuant to the Exchange Act. The Company agrees to file any necessary amendments, supplements and reports as soon as practicable under the circumstances. Purchaser hereby covenants that it will not sell any Shares pursuant to said prospectus during a period of not more than 60 days commencing at the time at which the Company gives the Purchaser notice of the suspension of the use of said prospectus and ending at the time the Company gives the Purchaser notice that the Purchaser may thereafter effect sales pursuant to said prospectus, as the same may have been supplemented or amended provided the Company may not suspend the use of such prospectus until at least 60 days has elapsed since the previous suspension.
Appears in 3 contracts
Samples: Stock Purchase Agreement (Cellnet Data Systems Inc), Stock Purchase Agreement (Cellnet Data Systems Inc), Stock Purchase Agreement (Cellnet Data Systems Inc)
Temporary Cessation of Offers and Sales by Purchaser. The Purchaser acknowledges that there may occasionally be times when the Company may be required to suspend the use of the prospectus forming part of the Registration Statement until such time as an amendment to the Registration Statement has been filed by the Company and declared effective by the Commission, until the prospectus is supplemented or amended to comply with the Securities Act, or until such time as the Company has filed an appropriate report with the Commission pursuant to the Exchange Act. The Company agrees to file any necessary amendments, supplements and reports as soon as practicable under the circumstances. Purchaser hereby covenants that it will not sell any Shares Common Stock pursuant to said prospectus during a period of not more than 60 20 days commencing at the time at which the Company gives the Purchaser notice of the suspension of the use of said prospectus and ending at the time the Company gives the Purchaser notice that the Purchaser may thereafter effect sales pursuant to said prospectus, as the same may have been supplemented or amended provided the Company may not suspend the use of such prospectus until at least 60 days has elapsed since the previous suspensionamended.
Appears in 2 contracts
Samples: Convertible Debenture Purchase Agreement (Criticare Systems Inc /De/), 5% Convertible Debenture Purchase Agreement (Hirel Holdings Inc)
Temporary Cessation of Offers and Sales by Purchaser. The Purchaser acknowledges that there may occasionally be times when the Company may be required to suspend the use of the prospectus forming part of the Registration Statement until such time as an amendment to the Registration Statement has been filed by the Company and declared effective by the Commission, until the prospectus is supplemented or amended to comply with the Securities Act, or until such time as the Company has filed files an appropriate report with the Commission pursuant to the Exchange Act. The Company agrees to file any necessary amendments, supplements and reports as soon as practicable under the circumstances. Purchaser hereby covenants that it will not sell any Shares Common Stock pursuant to said prospectus during a period of not more than 60 45 days commencing at the time at which the Company gives the Purchaser notice of the suspension of the use of said prospectus and ending at the time the Company gives the Purchaser notice that the Purchaser may thereafter effect sales pursuant to said prospectus, as the same may have been supplemented or amended provided the Company may not suspend the use of such prospectus until at least 60 days has elapsed since the previous suspensionamended.
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Temporary Cessation of Offers and Sales by Purchaser. The Purchaser acknowledges that there may occasionally be times when the Company may be required to suspend the use of the prospectus forming part of the Registration Statement until such time as an amendment to the Registration Statement has been filed by the Company and declared effective by the Commission, until the prospectus is supplemented or amended to comply with the Securities Act, or until such time as the Company has filed an appropriate report with the Commission pursuant to the Exchange Act. The Company agrees to file any necessary amendments, supplements and reports as soon as practicable under the circumstances. Purchaser hereby covenants that it will not sell any Shares Common Stock pursuant to said prospectus during a period of not more than 60 30 days commencing at the time at which the Company gives the Purchaser notice of the suspension of the use of said prospectus and ending at the time the Company gives the Purchaser notice that the Purchaser may thereafter effect sales pursuant to said prospectus, as the same may have been supplemented or amended provided amended. The Company agrees to use all reasonable efforts to minimize the Company may not suspend the use duration and frequency of such prospectus until at least 60 days has elapsed since the previous suspensionperiods.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Cypros Pharmaceutical Corp)
Temporary Cessation of Offers and Sales by Purchaser. The Purchaser acknowledges that there may occasionally be times when the Company may be required to suspend the use of the prospectus forming part of the Registration Statement until such time as an amendment to the Registration Statement has been filed by the Company and declared effective by the Commission, until the prospectus is supplemented or amended to comply with the Securities Act, or until such time as the Company has filed an appropriate report with the Commission pursuant to the Exchange Act. The Company agrees to file any necessary amendments, supplements and reports as soon as practicable under the circumstances. Purchaser hereby covenants that it will not sell any Shares pursuant xxx xxxx xxx Xxxxxx Xxxxx xxrsuant to said prospectus during a period of not more than 60 45 days commencing at the time at which the Company gives the Purchaser notice of the suspension of the use of said prospectus and ending at the time the Company gives the Purchaser notice that the Purchaser may thereafter effect sales pursuant to said prospectus, as the same may have been supplemented or amended provided the Company may not suspend the use of such prospectus until at least 60 days has elapsed since the previous suspensionamended.
Appears in 1 contract
Samples: Securities Purchase Agreement (Buchanan Partners LTD)
Temporary Cessation of Offers and Sales by Purchaser. The Purchaser acknowledges that there may occasionally be times when the Company may be required to suspend the use of the prospectus forming part of the Registration Statement until such time as an amendment to the Registration Statement has been filed by the Company and declared effective by the Commission, until the prospectus is supplemented or amended to comply with the Securities Act, or until such time as the Company has filed an appropriate report with the Commission pursuant to the Exchange Act. The Company agrees to file any necessary amendments, supplements and reports as soon as practicable under the circumstances. Purchaser hereby covenants that it will not sell any Shares Registrable Securities pursuant to said prospectus during a period of not more than 60 45 days commencing at the time at which the Company gives the Purchaser notice of the suspension of the use of said prospectus and ending at the time the Company gives the Purchaser notice that the Purchaser may thereafter effect sales pursuant to said prospectus, as the same may have been supplemented or amended provided the Company may not suspend the use of such prospectus until at least 60 days has elapsed since the previous suspensionamended.
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Temporary Cessation of Offers and Sales by Purchaser. The Purchaser acknowledges that there may occasionally be times when the Company may be required to suspend the use of the prospectus forming part of the Registration Statement until such time as an amendment to the Registration Statement has been filed by the Company and declared effective by the Commission, until the prospectus is supplemented or amended to comply with the Securities Act, or until such time as the Company has filed an appropriate report with the Commission pursuant to the Exchange Act. The Company agrees to file any necessary amendments, supplements and reports as soon as practicable under the circumstances. Purchaser hereby covenants that it will not sell any Shares Common Stock pursuant to said prospectus during a period of not more than 60 45 days commencing at the time at which the Company gives the Purchaser notice of the suspension of the use of said prospectus and ending at the time the Company gives the Purchaser notice that the Purchaser may thereafter effect sales pursuant to said prospectus, as the same may have been supplemented or amended provided the Company may not suspend the use of such prospectus until at least 60 days has elapsed since the previous suspensionamended.
Appears in 1 contract
Samples: 5% Preferred Stock Securities Purchase Agreement (Pharmos Corp)
Temporary Cessation of Offers and Sales by Purchaser. The Purchaser ---------------------------------------------------- acknowledges that there may occasionally be times when the Company may be required to suspend the use of the prospectus forming part of the Registration Statement for sale of the Conversion Shares until such time as an amendment to the Registration Statement has been filed by the Company and declared effective by the Commission, Commission and until the prospectus is supplemented or amended to comply with the Securities Act, or until such time as the Company has filed an appropriate report with the Commission pursuant to the Exchange Act. The Company agrees to file any necessary amendments, supplements and reports as soon as practicable under the circumstances. Purchaser hereby covenants that it will not sell any Shares Common Stock pursuant to said prospectus during a period of not more than 60 days commencing at the time at which the Company gives the Purchaser notice of the suspension of the use of said prospectus and ending at the time the Company gives the Purchaser notice that the Purchaser may thereafter effect sales pursuant to said sales prospectus, as the same may have been supplemented or amended provided the Company may not suspend the use of such prospectus until at least 60 days has elapsed since the previous suspensionamended.
Appears in 1 contract
Samples: 10% Convertible Preferred Purchase Agreement (Emb Corp)