Common use of Consent of Holders Clause in Contracts

Consent of Holders. From the Closing Date until twelve (12) months after the Closing Date , so long as any portion of the Note has not been converted into Conversion Shares, the Company shall, in the event of an offer or sale of the New Securities, (a) notify the Purchaser in writing of the detailed terms and conditions of such offer or sale of the New Securities at least five (5) days prior to the estimated issue date of such New Securities, and (b) obtain the prior written consent of the Purchaser on such offer or sale of the New Securities This Section 4.4 shall terminate at the time the Common Stock of the Company is listed on a national securities exchange.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Todos Medical Ltd.), Securities Purchase Agreement (Todos Medical Ltd.)

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Consent of Holders. From the Initial Closing Date until twelve (12) 12 months after the Initial Closing Date , so long as any portion of the Note has not been converted into Conversion Shares,, the Company shall, in the event of an offer or sale of the New Securities, (a) notify the Purchaser in writing of the detailed terms and conditions of such offer or sale of the New Securities at least five ([5) ] days prior to the estimated issue date of such New Securities, and (b) obtain the prior written consent of the Purchaser on such offer or sale of the New Securities This Section 4.4 shall terminate at the time the Common Stock of the Company is listed on a national securities exchange.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Todos Medical Ltd.), Securities Purchase Agreement (Todos Medical Ltd.)

Consent of Holders. From the Initial Closing Date until twelve (12) 12 months after the Initial Closing Date , so long as any portion of the Note has not been converted into Conversion Shares, the Company shall, in the event of an offer or sale of the New Securities, (a) notify the Purchaser in writing of the detailed terms and conditions of such offer or sale of the New Securities at least five ([5) ] days prior to the estimated issue date of such New Securities, and (b) obtain the prior written consent of the Purchaser on such offer or sale of the New Securities This Section 4.4 shall terminate at the time the Common Stock of the Company is listed on a national securities exchange.

Appears in 1 contract

Samples: Securities Purchase Agreement (Todos Medical Ltd.)

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Consent of Holders. From the Initial Closing Date until twelve (12) months after the Initial Closing Date , so long as any portion of the Note has not been converted into Conversion Shares,, the Company shall, in the event of an offer or sale of the New Securities, (a) notify the Purchaser in writing of the detailed terms and conditions of such offer or sale of the New Securities at least five (5) days prior to the estimated issue date of such New Securities, and (b) obtain the prior written consent of the Purchaser on such offer or sale of the New Securities This Section 4.4 shall terminate at the time the Common Stock of the Company is listed on a national securities exchange.

Appears in 1 contract

Samples: Securities Purchase Agreement (Todos Medical Ltd.)

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