Examples of Exempted Issuance in a sentence
Time is of the essence in respect of all obligations of the Customer under this Agreement.
Not less than 20 days before a proposed issuance of securities other than an Exempted Issuance, the Company shall deliver to the Investor notice of such proposed issuance setting forth (i) the number, type and terms of the securities to be issued, (ii) the consideration to be received by the Company in connection with the proposed issuance and (iii) the identity of the Proposed Recipients.
The restrictions under this Section 8.5 shall not apply to any Exempted Issuance..
Notwithstanding Section 2.3, the Borrower shall prepay the Loan in cash in full within five days of the issuance by the Borrower of Common Stock, other than an Exempted Issuance, at a price of less than $2.00 (the “ Minimum Price”).
Not less than forty-five (45) days before a proposed issuance of securities other than an Exempted Issuance, the Company shall deliver to the Investor notice of such proposed issuance setting forth (i) the number, type and terms of the securities to be issued, (ii) the consideration to be received by the Company in connection with the proposed issuance and (iii) the identity of the Proposed Recipient.