Common use of Continued Listing Authorization Clause in Contracts

Continued Listing Authorization. The Company shall take all steps necessary to prevent the Common Shares from being delisted from NASDAQ, including, without limitation, effecting a reverse stock split of the Common Stock, if necessary, to comply with NASDAQ Listing Rule 5450(a)(1).

Appears in 12 contracts

Sources: Investment Agreement (FNB United Corp.), Investment Agreement (FNB United Corp.), Investment Agreement (DBD Cayman, Ltd.)

Continued Listing Authorization. The Company shall take all steps necessary to prevent the Common Shares from being delisted from the NASDAQ, including, without limitation, effecting a reverse stock split of the Common Stock, if necessary, to comply with NASDAQ Listing Rule 5450(a)(1).

Appears in 8 contracts

Sources: Securities Purchase Agreement (Hampton Roads Bankshares Inc), Securities Purchase Agreement (Hampton Roads Bankshares Inc), Securities Purchase Agreement (Hampton Roads Bankshares Inc)

Continued Listing Authorization. The Company shall take all steps necessary to prevent the Common Shares Stock from being delisted from the NASDAQ, including, without limitation, effecting a reverse stock split of the Common Stock, if necessary, to comply with NASDAQ Listing Rule 5450(a)(1). If the Company effects a reverse stock split of the Common Stock prior to the Closing, the Per Share Purchase Price and the number of shares of Common Stock to be authorized following the amendment to the Articles of Incorporation described in Section 3.1(b) shall be adjusted proportionately.

Appears in 6 contracts

Sources: Securities Purchase Agreement (Cascade Bancorp), Securities Purchase Agreement (Cascade Bancorp), Securities Purchase Agreement (Cascade Bancorp)

Continued Listing Authorization. The Company shall take all steps necessary to prevent the Common Shares from being delisted from the NASDAQ, including, without limitation, effecting a reverse stock split of the Common Stock, if necessary, to comply with NASDAQ Listing Rule 5450(a)(1).

Appears in 4 contracts

Sources: Investment Agreement (Sterling Financial Corp /Wa/), Investment Agreement (Sterling Financial Corp /Wa/), Investment Agreement (Sterling Financial Corp /Wa/)

Continued Listing Authorization. The Company shall take all steps necessary to prevent the Common Shares from being delisted from NASDAQ, including, without limitation, effecting a reverse stock split of the Common Stock, if necessary, to comply with NASDAQ Listing Rule 5450(a)(1).

Appears in 2 contracts

Sources: Stock Purchase Agreement (Atlantic Capital Bancshares, Inc.), Stock Purchase Agreement (First Security Group Inc/Tn)

Continued Listing Authorization. The Company shall take all steps necessary to prevent the Common Shares from being delisted from NASDAQ, including, without limitation, effecting a reverse stock split of the Common Stock, if necessary, to comply with NASDAQ Listing Marketplace Rule 5450(a)(1).

Appears in 1 contract

Sources: Investment Agreement (First Federal Bancshares of Arkansas Inc)

Continued Listing Authorization. The Company shall take all steps necessary to prevent the Common Shares from being delisted from NASDAQthe NASDAQ as a result of failure to comply with NASDAQ Listing Rule 5450(a)(1), including, without limitation, effecting a reverse stock split of the Common Stock, if necessary, to comply with NASDAQ Listing Rule 5450(a)(1).

Appears in 1 contract

Sources: Subscription Agreement (Sterling Financial Corp /Wa/)