Exchange Approval definition

Exchange Approval means approval of the issuance of Common Stock or Common Stock Equivalents contemplated by Section 6 of this Certificate by the principal Market, which approval shall be obtained as soon as practicable following the favorable vote therefor at the Corporation’s annual or special shareholder meeting.

Exchange Approval means approval of the Common Stock or Common Stock Equivalents contemplated by this Agreement by the NYSE American, which approval shall be obtained no later than twenty-five (25) days after the Closing Date.

Exchange Approval means approval of the Commitment Shares contemplated by this Agreement by the NYSE American, which approval shall be obtained no later than twenty-five (25) days after the Closing Date.

Examples of Exchange Approval in a sentence

• The issuance of each of the Preferred Shares, Conversion Shares and Warrant Shares are duly authorized and, upon issuance in accordance with the terms of this Agreement, the Certification and the Warrant, as applicable, will be validly issued, fully paid and non-assessable and free and clear of all liens, Encumbrances and rights of refusal of any kind, subject to Stockholder Approval and Exchange Approval.

• Notwithstanding anything contained in any Transaction Document to the contrary, the parties covenant and agree that the Purchaser shall not convert any Preferred Shares, sell any Conversion Shares, exercise any Warrants or sell any Warrants to the extent it would exceed the Exchange Cap, unless and until the Company obtains Exchange Approval and Stockholder Approval of the Transaction in accordance with the Principal Market Rules.

More Definitions of Exchange Approval

Exchange Approval means any approval given by the Exchange under the Exchange Requirements. “Exchange Requirements” includes the following:

Exchange Approval means written confirmation by the Exchange of conditional acceptance of the transactions contemplated by this Agreement.

Exchange Approval means approval of the issuance of Common Stock contemplated by this Agreement by the Principal Market, which approval shall be obtained (i) in the case of the initial Conversion Shares in an amount of up to 7,155,216 shares of Common Stock (as limited by the Exchange Cap)and (ii) in the case of the remaining Conversion Shares, no later than five (5) calendar days after the Company shall have obtained Stockholder Approval to issue such Conversion Shares.

Exchange Approval means approval of the issuance of Common Stock or Common Stock Equivalents contemplated by this Agreement by the NYSE American, which approval shall be obtained as soon as practicable following the favorable vote therefor at the Company’s annual or special stockholders meeting.

Exchange Approval means the approval of the NYSE American required to be obtained by Company no later than October 31, 2019, pursuant to any applicable rules of the NYSE American to issue the Conversion Shares, including, if applicable approval by the Company’s stockholders.

Exchange Approval means approval of the issuance of the Conversion Shares and the Warrant Shares contemplated by the Exchange Agreement by the NYSE American, which approval shall be obtained no later than twenty-five (25) days after the Closing Date.

Exchange Approval means the conditional approval of the Exchanges for the Offering;