Examples of Agreement to be Bound in a sentence
Each Person who becomes an Isracann Securityholder subsequent to the Effective Date, or acquires additional Isracann Securities subsequent to the Effective Date must concurrently with becoming an Isracann Securityholder or acquiring such additional Isracann Securities execute and deliver to Isracann an Agreement to be Bound in form and substance satisfactory to Isracann, agreeing to be bound by this Agreement.
Notwithstanding anything to the contrary contained in this Agreement, any Transfer by any Stockholder to any Person shall only be permitted under the terms of this Agreement, including (without limitation) by Involuntary Transfer, only if such transferee shall execute and deliver to the Company an Agreement to be Bound to this Agreement, to the extent such holder is not then bound to this Agreement.
The Company covenants and agrees that during the Restricted Period, no Person shall hold Stock in the Company unless, as a condition precedent to the acquisition of such Stock, such Person first becomes a party to this Agreement by executing an Agreement to be Bound.
The Company covenants and agrees that during the Restricted Period, no Person shall hold Stock (other than Reg A Stock, as defined below) in the Company unless, as a condition precedent to the acquisition of such Stock, such Person first becomes a party to this Agreement by executing an Agreement to be Bound.
The parties agree that on or before the Closing Date Isracann may complete one or more equity financings comprised of Isracann Units for maximum gross proceeds of $5,000,000 (the “Isracann Financing”), provided each Isracann Financing subscriber, on or before each applicable closing of such Isracann Financing, execute an Agreement to be Bound.