Common use of DELIVERY OF PUT NOTICES Clause in Contracts

DELIVERY OF PUT NOTICES. Subject to the terms and conditions of the Registered Offering Transaction Documents, and from time to time during the Open Period, the Company may, in its sole discretion, deliver a Put Notice to the Investor which states the dollar amount (designated in U.S. Dollars), which the Company intends to sell to the Investor on a Closing Date (the “Put”). The Put Notice shall be in the form attached hereto as Exhibit C and incorporated herein by reference. The maximum amount that the Company shall be entitled to Put to the Investor (the “Put Amount”) shall be equal to Two Hundred percent (200%) of dollar trading volume (U.S. market only) of the Common Stock for the Ten (10) Trading Days immediately prior to the applicable Put Notice Date so long as such amount does not exceed 4.99% of the outstanding shares of the Company. During the Open Period, the Company shall not be entitled to submit a Put Notice until after the previous Closing has been completed.

Appears in 3 contracts

Samples: Investment Agreement (Revolutions Medical CORP), Investment Agreement (Revolutions Medical CORP), Investment Agreement (Wild Craze, Inc.)

AutoNDA by SimpleDocs

DELIVERY OF PUT NOTICES. Subject to the terms and conditions of the Registered Offering Transaction Documents, and from time to time during the Open Period, the Company may, in its sole discretion, deliver a Put Notice to the Investor which states the dollar amount (designated in U.S. Dollars), which the Company intends to sell to the Investor on a Closing Date (the “Put”). The Put Notice shall be in the form attached hereto as Exhibit C and incorporated herein by reference. The maximum amount that the Company shall be entitled to Put to the Investor per any applicable Put Notice (the “Put Amount”) shall be equal to Two Hundred and Fifty percent (200250%) of dollar trading volume (U.S. market only) of up to $250,000 of the Common Stock for the Ten (10) Trading Days immediately prior to the applicable Put Notice Date so long as such amount does not exceed 4.99% of the outstanding shares of the Company. During the Open Period, the Company shall not be entitled to submit a Put Notice until after the previous Closing has been completed.

Appears in 2 contracts

Samples: Investment Agreement (Liberty Star Uranium & Metals Corp.), Investment Agreement (Liberty Star Uranium & Metals Corp.)

DELIVERY OF PUT NOTICES. Subject to the terms and conditions of the Registered Offering Equity Line Transaction Documents, and from time to time during the Open Period, the Company may, in its sole discretion, deliver a Put Notice to the Investor which states the dollar amount (designated in U.S. Dollars) (the "Put Amount"), which the Company intends to sell to the Investor on a Closing Date (the "Put"). The Put Notice shall be in the form attached hereto as Exhibit C and incorporated herein by reference. The maximum amount that the Company shall be entitled to Put to the Investor (the "Put Amount") shall be equal to Two Hundred percent (200%) of dollar trading the average daily volume (U.S. market only) of the Common Stock for the Ten (10) Trading Days immediately prior to the applicable Put Notice Date so long as such amount does not exceed 4.99% of the outstanding shares of the CompanyDate. During the Open Period, the Company shall not be entitled to submit a Put Notice until after the previous Closing has been completed.

Appears in 2 contracts

Samples: Investment Agreement (New America Energy Corp.), Investment Agreement (New America Energy Corp.)

DELIVERY OF PUT NOTICES. Subject to the terms and conditions of the Registered Offering Transaction Documents, and from time to time during the Open Period, the Company may, in its sole discretion, deliver a Put Notice to the Investor which states the dollar amount (designated in U.S. Dollars), which the Company intends to sell to the Investor on a Closing Date (the “Put”). The Put Notice shall be in the form attached hereto as Exhibit C and incorporated herein by reference. The maximum amount that the Company shall be entitled to Put to the Investor (the “Put Amount”) shall be equal to Two Hundred percent (200%) of dollar trading volume (U.S. market only) of the Common Stock for the Ten (10ten(10) Trading Days immediately prior to the applicable Put Notice Date so long as such amount does not exceed 4.99% of the outstanding shares of the Company. During the Open Period, the Company shall not be entitled to submit a Put Notice until after the previous Closing has been completed.

Appears in 1 contract

Samples: Investment Agreement (Cono Italiano, Inc.)

DELIVERY OF PUT NOTICES. Subject to the terms and conditions of the Registered Offering Transaction Documents, and from time to time during the Open Period, the Company may, in its sole discretion, deliver a Put Notice to the Investor which states the dollar amount (designated in U.S. Dollars), which the Company intends to sell to the Investor on a Closing Date (the “Put”). The Put Notice shall be in the form attached hereto as Exhibit C and incorporated herein by reference. The maximum amount that the Company shall be entitled to Put to the Investor per any applicable Put Notice (the “Put Amount”) shall be equal to Two Hundred percent (200%) of dollar trading volume (U.S. market only) of the Common Stock for the Ten (10) Trading Days immediately prior to the applicable Put Notice Date so long as such amount does not exceed 4.99% of the outstanding shares of the Company. During the Open Period, the Company shall not be entitled to submit a Put Notice until after the previous Closing has been completed.

Appears in 1 contract

Samples: Investment Agreement (Lone Star Gold, Inc.)

DELIVERY OF PUT NOTICES. Subject to the terms and conditions of the Registered Offering Transaction Documents, and from time to time during the Open Period, the Company may, in its sole discretion, deliver a Put Notice to the Investor which states the dollar amount (designated in U.S. Dollars), which the Company intends to sell to the Investor on a Closing Date (the “Put”). The Put Notice shall be in the form attached hereto as Exhibit C and incorporated herein by reference. The maximum amount am ount that the Company shall be entitled to Put to the Investor for any applicable Put Notice (the “Put Amount”) shall be equal to Two Hundred percent (200%) of dollar trading volume (U.S. market only) of the Common Stock for the Ten Twenty (1020) Trading Days immediately prior to the applicable Put Notice Date so long as such amount does not exceed 4.99% of the outstanding shares of the Company. During the Open Period, the Company shall not be entitled to submit a Put Notice until after the previous Closing has been completed.

Appears in 1 contract

Samples: Amended Investment Agreement (Lode-Star Mining Inc.)

DELIVERY OF PUT NOTICES. Subject to the terms and conditions of the Registered Offering Transaction Documents, and from time to time during the Open Period, the Company may, in its sole discretion, deliver a Put Notice to the Investor which states the dollar amount (designated in U.S. Dollars), which the Company intends to sell to the Investor on a Closing Date (the “Put”). The Put Notice shall be in the form attached hereto as Exhibit C and incorporated herein by reference. The maximum amount that the Company shall be entitled to Put to the Investor (the “Put Amount”) shall be equal to Two Hundred percent (200%) of dollar trading volume (U.S. market only) of the Common Stock for the Ten ten (10) Trading Days immediately prior to the applicable Put Notice Date so long as such amount does not exceed 4.99% of the outstanding shares of the Company. During the Open Period, the Company shall not be entitled to submit a Put Notice until after the previous Closing has been completed.

Appears in 1 contract

Samples: Investment Agreement (Fresh Promise Foods, Inc.)

AutoNDA by SimpleDocs

DELIVERY OF PUT NOTICES. Subject to the terms and conditions of the Registered Offering Transaction Documents, and from time to time during the Open Period, the Company may, in its sole discretion, deliver a Put Notice to the Investor which states the dollar amount (designated in U.S. Dollars), which the Company intends to sell to the Investor on a Closing Date (the “Put”). The Put Notice shall be in the form attached hereto as Exhibit C and incorporated herein by reference. The Unless otherwise approved by the Investor, the maximum amount that the Company shall be entitled to Put to the Investor (the “Put Amount”) shall be equal to Two Hundred percent is one hundred and fifty thousand (200%$150,000) of dollar trading volume (U.S. market only) of the Common Stock for the Ten (10) Trading Days immediately prior to the applicable Put Notice Date dollars, so long as such amount does not exceed 4.999.99% of the outstanding shares of the Company. No Put will be made in an amount lower than $5,000. The price of the Put shall be calculated off of the applicable Purchase Price. During the Open Period, the Company shall not be entitled to submit a Put Notice until after the previous Closing has been completed. There will be a minimum of ten (10) trading days between Put Notices unless agreed to otherwise by the Investor in writing.

Appears in 1 contract

Samples: Investment Agreement (Vape Holdings, Inc.)

DELIVERY OF PUT NOTICES. Subject to the terms and conditions of the Registered Offering Transaction Documents, and from time to time during the Open Period, the Company may, in its sole discretion, deliver a Put Notice to the Investor which states the dollar amount (designated in U.S. Dollars), which the Company intends to sell to the Investor on a Closing Date (the “Put”). The Put Notice shall be in the form attached hereto as Exhibit C and incorporated herein by reference. The maximum amount that the Company shall be entitled to Put to the Investor per any applicable Put Notice (the “Put Amount”) shall be equal to Two Hundred percent (200%) of the average dollar trading volume (U.S. market only) up to $250,000 of the Common Stock for the Ten (10) Trading Days immediately prior to the applicable Put Notice Date so long as such amount does not exceed 4.99% of the outstanding shares of the Company. During the Open Period, the Company shall not be entitled to submit a Put Notice until after the previous Closing has been completed.

Appears in 1 contract

Samples: Investment Agreement (Vizconnect, Inc.)

DELIVERY OF PUT NOTICES. Subject to the terms and conditions of the Registered Offering Transaction Documents, and from time to time during the Open Period, the Company may, in its sole discretion, deliver a Put Notice to the Investor which states the dollar amount (designated in U.S. Dollars), which the Company intends to sell to the Investor on a Closing Date (the “Put”). The Put Notice shall be in the form attached hereto as Exhibit C and incorporated herein by reference. The maximum amount that the Company shall be entitled to Put to the Investor for any applicable Put Notice (the “Put Amount”) shall be equal to Two Hundred percent (200%) of dollar trading volume (U.S. market only) of the Common Stock for the Ten Twenty (1020) Trading Days immediately prior to the applicable Put Notice Date so long as such amount does not exceed 4.99% of the outstanding shares of the Company. During the Open Period, the Company shall not be entitled to submit a Put Notice until after the previous Closing has been completed.

Appears in 1 contract

Samples: Investment Agreement (Lode-Star Mining Inc.)

DELIVERY OF PUT NOTICES. Subject to the terms and conditions of the Registered Offering Transaction Documents, and from time to time during the Open Period, the Company may, in its sole discretion, deliver a Put Notice to the Investor which states the dollar amount (designated in U.S. Dollars), which the Company intends to sell to the Investor on a Closing Date (the “Put”). The Put Notice shall be in the form attached hereto as Exhibit C and incorporated herein by reference. The maximum amount that the Company shall be entitled to Put to the Investor (the “Put Amount”) shall be equal to Two Hundred percent is five hundred thousand (200%$500,000) of dollar trading volume (U.S. market only) of the Common Stock for the Ten (10) Trading Days immediately prior to the applicable Put Notice Date dollars, so long as such amount does not exceed 4.999.99% of the outstanding shares of the Company. No Put will be made in an amount lower than $5,000. The price of the Put shall be calculated off of the applicable Purchase Price. During the Open Period, the Company shall not be entitled to submit a Put Notice until after the previous Closing has been completed. There will be a minimum of ten (10) trading days between a Put Notice and a previous Closing.

Appears in 1 contract

Samples: Amendment Agreement (Xfit Brands, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.