Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.
Appears in 20 contracts
Samples: Equity Purchase Agreement (Zapp Electric Vehicles Group LTD), Equity Purchase Agreement (GigCapital5, Inc.), Equity Purchase Agreement (MSP Recovery, Inc.)
Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 60 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.
Appears in 20 contracts
Samples: Equity Purchase Agreement (LeddarTech Holdings Inc.), Equity Purchase Agreement (LeddarTech Holdings Inc.), Purchase Agreement (Australian Oilseeds Holdings LTD)
Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 45 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.
Appears in 13 contracts
Samples: Standby Equity Purchase Agreement (TriSalus Life Sciences, Inc.), Equity Purchase Agreement (Scilex Holding Co), Equity Purchase Agreement (Scilex Holding Company/De)
Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 20 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.
Appears in 10 contracts
Samples: Equity Purchase Agreement (Celularity Inc), Equity Purchase Agreement (Richtech Robotics Inc.), Equity Purchase Agreement (Reborn Coffee, Inc.)
Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic non-public information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.
Appears in 5 contracts
Samples: Equity Purchase Agreement (Energem Corp), Equity Purchase Agreement (Pono Capital Corp), Equity Purchase Agreement (Energem Corp)
Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 15 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.
Appears in 4 contracts
Samples: Equity Purchase Agreement (Armada Acquisition Corp. I), Equity Purchase Agreement (Helbiz, Inc.), Equity Purchase Agreement (Helbiz, Inc.)
Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 (i) 60 days, or (ii) if a Pre-Paid Advance is outstanding, 20 days (unless otherwise required by applicable laws), or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.
Appears in 2 contracts
Samples: Equity Purchase Agreement (Lilium N.V.), Equity Purchase Agreement (Lilium N.V.)
Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 60 consecutive days (or 90 days in any calendar year) or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.
Appears in 2 contracts
Samples: Equity Purchase Agreement (ETAO International Co., Ltd.), Equity Purchase Agreement (Twin Ridge Capital Acquisition Corp.)
Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 60 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.
Appears in 2 contracts
Samples: Purchase Agreement (Bloomios, Inc.), Purchase Agreement (Bloomios, Inc.)
Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 90 consecutive days (or 120 days in any calendar year) or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.
Appears in 2 contracts
Samples: Equity Purchase Agreement (Digital Health Acquisition Corp.), Equity Purchase Agreement (Hub Cyber Security Ltd.)
Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 twenty (20) calendar days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.
Appears in 1 contract
Limitations on the Black Out Period. The Company shall not impose any Black Out Period (a) that is longer than 30 20 days unless otherwise required by applicable laws; or (b) in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.
Appears in 1 contract
Samples: Equity Purchase Agreement (AGBA Group Holding Ltd.)
Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 45 days or in a manner that is more restrictive (including, including without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officersofficers for so long as the Promissory Note remains outstanding. In addition, Neither the Company nor the Investor shall not deliver any Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.
Appears in 1 contract
Limitations on the Black Out Period. The Company shall not impose any Black Out Period that is longer than 30 45 days or in a manner that is more restrictive (including, without limitation, as to duration) than the comparable restrictions that the Company may impose on transfers of the Company’s equity securities by its directors and senior executive officers. In addition, the Company shall not deliver any Advance Notice or Additional Advance Notice during any Black Out Period. If the public announcement of such material, nonpublic information is made during a Black Out Period, the Black Out Period shall terminate immediately after such announcement, and the Company shall immediately notify the Investor of the termination of the Black Out Period.
Appears in 1 contract
