Common use of Compliance with Regulation M Clause in Contracts

Compliance with Regulation M. Until the Underwriters shall have notified the Company of the completion of the resale of the Units, that the Company will not, and will use its reasonable best efforts to cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, the Units, Shares or Warrants, or attempt to induce any person to purchase the Units, Shares or Warrants; and not to, and to use its reasonable best efforts to cause its affiliated purchasers not to, make bids or purchase for the purpose of creating actual, or apparent, active trading in or of raising the price of the Units, Shares or Warrants.

Compliance with Regulation M. Until the Underwriters shall have notified the Company of the completion of the resale of the UnitsSecurities, that the Company will not, and will use its reasonable best efforts to cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, the Units, Shares any Securities or WarrantsUnderlying Securities, or attempt to induce any person to purchase the Units, Shares any Securities or WarrantsUnderlying Securities; and not to, and to use its reasonable best efforts to cause its affiliated purchasers not to, make bids or purchase purchases for the purpose of creating actual, or apparent, active trading in or of raising the price of the Units, Shares Securities or Warrantsthe Underlying Securities.

Compliance with Regulation M. Until the Underwriters shall have notified the Company of the completion of the resale of the UnitsSecurities, that the Company will not, and will use its reasonable best efforts to cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, the Units, Shares or Warrantsany shares of Common Stock, or attempt to induce any person to purchase the Units, Shares or Warrantsany shares of Common Stock; and not to, and to use its reasonable best efforts to cause its affiliated purchasers not to, make bids or purchase for the purpose of creating actual, or apparent, active trading in or of raising the price of the Units, Shares Securities or WarrantsWarrant Shares.

Compliance with Regulation M. Until the Underwriters shall have notified the Company of the completion of the resale of the UnitsOffered Securities, that the Company will not, and will use its reasonable best efforts to cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, the Units, Shares or Warrantsany Offered Securities, or attempt to induce any person to purchase the Units, Shares or Warrantsany Offered Securities; and not to, and to use its reasonable best efforts to cause its affiliated purchasers not to, make bids or purchase for the purpose of creating actual, or apparent, active trading in or of raising the price of the Units, Shares or WarrantsOffered Securities.

Compliance with Regulation M. Until the Underwriters shall have notified the Company of the completion of the resale of the UnitsShares and Warrants, that the Company will not, and will use its reasonable best efforts to cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, the Units, any Shares or and Warrants, or attempt to induce any person to purchase the Units, any Shares or and Warrants; and not to, and to use its reasonable best efforts to cause its affiliated purchasers not to, make bids or purchase for the purpose of creating actual, or apparent, active trading in or of raising the price of the Units, Shares or and Warrants.

Compliance with Regulation M. Until the Underwriters shall have notified the Company of the completion of the resale of the UnitsSecurities or Warrant Shares, that the Company will not, and will use its reasonable best efforts to cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, the Units, Shares any Securities or WarrantsWarrant Shares, or attempt to induce any person to purchase the Units, Shares any Securities or WarrantsWarrant Shares; and not to, and to use its reasonable best efforts to cause its affiliated purchasers not to, make bids or purchase for the purpose of creating actual, or apparent, active trading in or of raising the price of the Units, Shares Securities or WarrantsWarrant Shares.

Compliance with Regulation M. Until the Underwriters shall have notified the Company of the completion of the resale of the UnitsSecurities, that the Company will not, and will use its reasonable best efforts to cause its “affiliated purchasers purchasers” (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, the Units, Shares or Warrantsany Securities, or attempt to induce any person to purchase the Units, Shares or Warrantsany Securities; and not to, and to use its reasonable best efforts to cause its affiliated purchasers not to, make bids or purchase for the purpose of creating actual, or apparent, active trading in or of raising the price of the Units, Shares or WarrantsSecurities.